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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jun 14, 1986

Page

26

Protesters press fix of Iowa interest buy down program

A small group of farmers and activists gathered at the Farmers Home Administration office in Humboldt to demand fixes to the federal interest rate buy down program. They cited only 260 Iowa farmers aided of the projected 3,000 and called for more funds and accountability from officials including Robert Pim. The protesters planned further actions and meetings to revive and expand the program during planting season.

ES Moines Farmers Home Administration Humboldt Algona Hugh Espey Iowa Citizens For Community Improvement Espey John Cain Sioux City Robert Pim Fmha Washington Pim Cain Chicago Pentagon Iowa Jerry Streit West Bend Jones & Linn CO Anamosa Jones and Linn County Farmer's Home Administration Dennis W. Wilcox Jones and Linn

Grassley presses change to farm loan buy down rules

Iowa Senator Charles Grassley says the USDA will revise the interest rate buy down program to allow balloon payment loans. He notes only about 207 Iowa farmers benefited and says removing the balloon payment ban will expand eligibility and aid credit strapped borrowers.

Ment U.S. Agriculture Richard Lyng Grassley Iowa Lyng Department

Lounsberry seeks emergency action on Command herbicide

Iowa Agriculture Secretary Robert Lounsberry plans emergency action to curb drift complaints about Command herbicide. A state advisory council will be polled by telephone on restricting Command to soil incorporation and bank aerial spraying.

Iowa Robert Lounsberry Lounsberry Iowa Pesticide and Fertilizer Advisory Council Gazette Dick Fawcett Ames Iowa State University Extension Fawcett Buchanan Cedar Johnson Washington Counties State

Local market report shows mixed livestock demand and priced shifts

Midwest auction notes from Friday indicate light demand for lambs and steady to lower boxed beef with modest slaughter totals. Quotes include midwest buyers with lambs at 72 to 75 dollars and varied steer, heifer, and sow carca ss pricing, while pork and calf trades show mixed movement and limited testing of trade.

U.S

Price support cuts hit U S farm export values

Iowa officials warn export value falls as government price supports drop under the 1985 act. Lounsberry cites Spain and Portugal joining the EC and other nations turning from importers, with USDA data showing a 19 percent drop in exports to 17.3 billion dollars through April and a 12 percent forecasted yearly decline to 27.5 billion.

Gazette Associated Press Iowa Bob Lounsberry Lounsberry U.S U.S. Department of Agriculture Spain Portugal Agriculture Department Department Foreign Agricultural Service USDA

Tax shifts threaten farm leasing amid debt and land value drop

USDA economist warns in Washington that proposed tax reforms could remove investment tax credits and slow depreciation, making leases less attractive for farmers facing high debt, falling land values, and cash flow stress. Leasing trends rose from 1979 to 1984 as machinery sales fell.

Washington Agriculture Department Congress Bill Serlet Department Economic Research Service Serletis Outlook Semetis

Reagan Receives Six Goats For Dairy Goat Week

The American Dairy Goat Association and Dairy Goat Journal present six young goats to President Reagan. The goats will live on a 200 acre Park Service farm in Oxon Hill Maryland. The gesture marks support for Dairy Goat Awareness Week June 14 to 21 and includes a lifetime association membership for Reagan.

U.S. Park Service Oxon Hill Agriculture Department Association Reagan Kent Leach Dairy Goat Journal Nancy California Leach Scottsdale Ariz White House Goat Association

Also Mentioned on This Page

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