House panel approves plan to ease farm loan payments
A House Agriculture Committee vote 35 to 3 advances a bill to relax Farmers Home Administration loan terms for farmers in financial distress. It allows one year deferrals and forbids foreclosures while borrowers prove hardship and eventual repayment ability. The measure also activates an Economic Emergency Loan Program with up to 1.2 billion in insured and guaranteed loans plus 200 million in insured operating loans.
MENTIONED IN THIS ARTICLE
Gazette Wire Services
Washington
Farmers Home Administration
House Agriculture Committee
Ed Jones
D-Tenn
Kika de la Garza
Tom Coleman
R-Mo
Congress
Fmha
Agriculture Department
Department
Midwest Markets Report from Cedar Rapids Iowa Hogs and Grains
Wilson Foods Cedar Rapids quoted hogs 49.50 50.50 with discounts by weight and fat. Lambs steady 54 58 on wool 58 62 on shorn. Prices for corn soybeans oats and eggs noted with regional market activity and receipts. Livestock prices and cattle futures summarized for Thursday trading in the Midwest.
MENTIONED IN THIS ARTICLE
Wilson Foods
Cedar Rapids
Wilson
Waterloo Bath Packing Co
Iowa
Iowa Department of Agriculture
U. 2 Department of Agriculture
Northwest
N.central
Northeast
Southwest
S.central
Southeast
USDA
Livestock Futures Report Highlights Hog and Sow Activity
Thursday livestock futures show active hog trading with butchers at 100 to 125 per cwt, light and heavy sow prices rising. No 1-2 butchers range 400950 to 81.95252.25, No 1 dsows 300-500 lb at 46.50 to 46.75, 500-650 lb at 49.00. Cattle demand insufficient for a market test.
MENTIONED IN THIS ARTICLE
Federal State Market News Service
U.S
Evestock
U S farm population falls 7 percent since 1980
The Census Bureau reports 1982 farm residents at 5.62 million, down from 6.051 million in 1980, a decline of over seven percent. The share is 2.4 percent of a 231 million total population with regional distribution and a new farm resident income rule changing counts.
MENTIONED IN THIS ARTICLE
U.S
Washington
UPI
America
Census Bureau
Agriculture Department
North Central
Bureau
South
West
Northeast
Somone
Survey shows Midwest farmers join PIK corn program
A UPI report notes Heinold Commodities and DeKalb-Pfizer Genetics survey of 1,300 Midwest corn growers finds 81 percent plan to participate in the governments payment in kind program. Farmers expect to plant 58.7 million acres, down 23.2 million from last year, with sign-up ending March 11 and USDA to announce participation Tuesday.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Heinold Commodities of
DeKalb-Pfizer Genetics
DeKalb
Block orders dairy fees to curb milk surplus
Agriculture Secretary John Block ordered a 50 cent per 100 pounds milk production fee starting April 16 to reduce a 3 billion dairy surplus. He delayed a second 50 cent levy until August to allow Congress time for alternatives while noting the move could save up to 60 million dollars monthly in taxpayer funds.
MENTIONED IN THIS ARTICLE
Washington
UPI
John Block
Block
Congress
Anamosa family shines at Jones County Swine Clinic
The Frashers of Anamosa dominated the event by winning best hogs at the Jones County Swine Clinic Monday night. They exhibited a 250-pound crossbred champion and their son Jerry, aged 11, showed the third-place 225-pound hog. Amy McDonnell of Hopkinton displayed the 240-pound reserve champion among 45 hogs. Steve Juhl of Mechanicsville judged the show.
MENTIONED IN THIS ARTICLE
Jones County
Diane
John Frasher
Anamosa
Jerry
Amy McDonnell
Hopkinton
Dave
Emogene McDonnell
Steve Juhl
Mechanicsville
Hampshire
Messerly Named Leader of State Agriculture Group
Wayne Mess erly 58 of Des Moines was elected president of the Communications Officers of State Departments of Agriculture. A longtime Iowa department information specialist, he previously served as farm editor of the Fort Dodge Messenger and Boone News Republican. He has written for Successful Farming and Farm Journal. The 1813 birth of explorer David Livingstone is noted.
MENTIONED IN THIS ARTICLE
The
Boone News Republican
Successful Farming
Farm Journal
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UPI Photo
Atlanta
Midwest
E.I. Livestock
Edar Rapids
C.R. Grain
Des Moines
U.S. West North Central States
Omaha
Joliet
PSU Oreevee Jay
United
Fiat Perenne
Ajay
Bu Eels
Cole
Jae
apreenne _ oe
Muse
Mear Ie
CBOT
Chicago Mercantile Exchange
Nts
Webster City
Sioux City
Soer Inter Feeder
Aprian
U.S. Department of Agriculture
Ghter Co
Judd
Messerly
Ag Group
Explorer David Livingstone
Judd Scrabble Gramss
United Feature Syndicate, Inc
Seichow and Righter Co
Scrabble
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