Block monitors Wilson bankruptcy and PIK impact
U S Agriculture Secretary John Block stays in contact with the Wilson Foods bankruptcy filing and potential strike over union wage cuts. The report notes farming policy debates including payment in kind costs, loan rates, and the May planting intentions, with forecasts showing record soybean planting and corn declines.
MENTIONED IN THIS ARTICLE
U.S. Agriculture
John Block
Wilson Foods
Block
Wilson Food
Oklahoma City
Okla
John Black
Wilson Foods hog and lamb quotes steady amid discount structure
Wilson Foods Cedar Rapids quoted hogs steady at 44.50 to 45.50 with several weight based discounts from 190 to over 290 pounds. Spring lambs listed at 61 to 63 per cone. Waterloo Bath Packing Co plus grain prices for corn soybeans oats and delivery to Cedar Rapids processors are given with multiple crop months and price changes.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Wilson Foods
Wilson
Waterloo Bath Packing Co
Livestock and eggs market notes from Des Moines region
Tuesday reports show steady to firm demand for farm eggs with prices mostly unchanged to higher. Hog receipts and prices fall modestly while cattle and calves trade slow with markups on select mid and high grade beef. Grain prices posted for Iowa farms with mixed corn and soybean quotes.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
West North Central States
Sioux City Livestock Prices Tuesday Report
Slaughter cattle bids were uneven with most pressure on steers 950 to 1,100 pounds. Trade slow as steers at 67.25 to 68.75, near 70 for select loads. cows and bulls steady on thin demand. Hogs moderate, barrows and gilts near 46 to 47.50, sows weaker to 50 lower, boars around 40.
MENTIONED IN THIS ARTICLE
U.S
Cattie
Webster City hog prices ease on moderate demand
Barrows and gilts steady to .25 lower as demand remains moderate. US 1-3 200-360 Ibs 46.50-47.00. US 2-4 260-280 Ibs 45.75-46.25. 280-300 Ibs 44.75-45.25. 300-350 Ibs 41.00-42.00. sows 1.00-1.50 lower, US 1-3 300-700 Ibs 42.00-43.50.
MENTIONED IN THIS ARTICLE
OWA
Lowo
Minnesota
U.S
Amstutz named to deal with Soviets
Daniel Amstutz, former Cargill official and Goldman Sachs partner, was nominated by President Reagan as undersecretary of agriculture for international affairs to lead the long term grain pact talks with the Soviet Union. Confirmation hearings set for May 11 before the Senate Agriculture Committee.
MENTIONED IN THIS ARTICLE
al Swegle
Cargill
Daniel Amstutz
Soviet Union
Amstutz
Germany
Switzerland
Reagan
Goldman Sachs and Co
New York City
Senate
Iowa
Minneapolis
Cargill Investors Services
Senate Agriculture Committee
Lux Pullets Files for Chapter 7 Bankruptcy
Lux Pullets Inc. of Hopkinton files for Chapter 7 as owners Jim Hall and John Bramhall seek to sell the operation as a going concern before liquidation. Treasurer Gary Burns notes three tough years for poultry, with Merchants National Bank lending $50,000 to support ongoing operations under bankruptcy trustee Daniel Ernst.
MENTIONED IN THIS ARTICLE
al Swegle
Lux Pullets Inc
Hopkinton
Jim Hall
Cedar Rapids
John Bramhall
Cedar Falls
William Thinnes
Gerald Fatka
Lux Pullets
the Gazette
Gary Burns
Lux
Lux Brothers
Bill Lux
The
Gazette
Merchants National Bank
Daniel Ernst
Dubuque
Farm Credit Bill Passes House Amid GOP Opposition
The House approved a 2 billion emergency farm credit bill by 378 to 35 with GOP defections and Democratic changes led by Madigan. The measure expands Farmers Home Administration operating loans for about 12 to 15 percent of farmers unable to borrow from banks, now facing cash shortages and high costs. The Senate counterpart stalled in floor logjam, delaying final action.
MENTIONED IN THIS ARTICLE
Washington Post Service
Washington
House
Reagan
Farmers Home Administration
Robert H. Michel
Edward R Madigan
Agriculture Committee
Fmha
Thomas P
Tip) O’neill Jr
Dmass
Madigan
Central
Illinois
Secretary of Agriculture
Senate
Ed Jones
D-Tenn
Rural Credit Subcommittee
E. Thomas Coleman
R-Mo
Cedar Rapids Hosts Two National Rabbit Shows Amid Wide Winners
Cedar Rapids at Hawkeye Downs hosted two national rabbit shows with more than 600 entries over the weekend. Major winners included Paul Stewart of Gables Michigan for best Havana and Jesse Jarvis of Mount Vernon for best opposite Havana and Havana fur.
MENTIONED IN THIS ARTICLE
Hawkeye Downs
Cedar Rapids
Michigan
Louisiana
Cedar Rapids Rabbit Breeders Inc
Wisconsin
Illinois
Nebraska
Ethel Bechka
Iowa
West Liberty Fairgrounds
Paul Stewart
Gables
Mich
Havana
Jesse Jarvis
Mount Vernon
Dave
Kay Ciha
Hills
Cidas
Rachelle
Rebecca Borne
Belle Chasse
Netherland
Shirley van Dee
Vining
Joy
Darrell Bramhall
Mason City
Rex
W Dale Wiegand
Dubuque
Frank Bechka
Richard Kramer
Traer
Brent Rice
Des Moines
Ladene
Middleton
Silver Marten
Gary Grimm
Marion
New Zealand
Guarantee Rabbitry
Maquoketa
Eric Mixdorf
Cedar Falls
Gary West
Palomino
Eric Nash
Reinbeck
Jody Plecker
Columbus Junction
Satin — Clifford
Gayle Broxey
Palo
Kay Ciha Hills
Argent
Also Mentioned on This Page
al Swegler
Ette Farm
USDA
DeKalb-Pfizer Genetics
Heinhold Commodities
Heinhold
Mike Langer
House Government Operations Committee
Midwest
E.I. Livestock
C.R. Grain
Pro_ Farmer Grain
Mao
de hAn
Cicago Board of Trade Chicago
Very
Lowa
Iowa Department of Agriculture
U.S. Department of Agriculture
Cove
N.central
Con
Southwest
Omaha
Chicago
Chil Abu (Ar
Chicago Mercantile Exchange
Prey Sales
Sue Prev Lay
Sioux City
Joliet
Webster City
Seeley Lodwick
White House
State Department
Office of the Special Trade Representative
Special Trade
William Brock
Thinnes
Hall
Bramhall
Bill
Bob Lux
Colorado
Kansas
C.R
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