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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 27, 1985
Page
22
Pro Farmer Grain Cedar Rapids lists March to new crop corn soybeans and oats quotes with prices for white corn and yellow soybeans. Midwest west north central live hens and hog prices show steady trade, with cattle and pork values noted for central markets and New Liberty Auction slaughters.
A FAPRI projection, released in Des Moines, estimates net farm income would fall from 31.81 billion in 1984 to 13.7 billion in 1988 under the administration’s farm policy. ISU and U of M economists forecast a rebound to 16.25 billion by 1990, with debt service and asset liquidation rising under the plan.
Washington AP: Farm lenders dump troubled borrowers on the federal government as $300 million is shifted to meet rising demand. Frank Naylor of the Agriculture Department says 40 percent of new operating loan applicants are first-time borrowers amid a surge in FmHA lending and a backlog in processing.
Agriculture Secretary John Block appointed nine members and eight alternates to the 18 member American Egg Board for two year terms ending Dec 31 1986. In the region Franklin J. Rich of Kalona and Sheldon A. Vermes of Gaylor Minn joined the egg board. The board funds a national research and promotion program financed by a 5 cent per 30 dozen egg tax on non exempt producers.
Norman W. Waitt of Sioux City agrees to a 90 day suspension of his livestock dealer and order buyer business and a cease and desist order from the USDA. He faced charges of failing to honor drafts totaling 64529 for cattle and issuing drafts without prior written agreements. Waitt did not admit or deny the charges as part of the settlement. The cease and desist aims to ensure future compliance with regulations.
A March calendar lists Farm Bureau Women’s Day events at multiple counties including Tipton Manchester and Columbus Junction. Activities include ground pork contest 4-H judges training and farm hazard workshops with locations across Cedar Des Moines Linn Johnson Louisa and others.
A calendar of farm sales lists dates from Thursday March 28 through Tuesday April 2. Items include tractors machinery cattle hog livestock equipment and farm implements. Auctions are conducted by Arnold Trimpe LaMar Graffi Donald Rawson Dircks Wingert Martin Wieland Leo Schmit Herman Maas Wayne Miller and Keith Schiele Estate among others with locations near Williamsburg Anamosa Clarence Winthrop and Downey.
In 1911 the future playwright Tennessee Williams was born in Columbus Mississippi, marking a historic birth in state literary history and the Columbus origins of a renowned writer.
The transcript notes BAM and EAC IM SL Eth assessment details showing a 9.31 percent yield and an 8.90 percent rate. It lists figures without broader context or full descriptions of the instruments involved.
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