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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

May 17, 1985

Page

23

Iowa Clings to Second in 1982 Farm Commodity Sales

The 1982 census shows California leading with 12.5 billion in agricultural sales while Iowa ranks second with 9.83 billion. Texas Illinois and Nebraska follow, with various farm metrics including county and state totals for crops, livestock, and machinery.

Iowa California Washington Texas Illinois Nebraska Bureau of Census Richard E. Lyng Agriculture Department Reagan Lyng Census Bureau Missouri Minnesota Wisconsin New York Arkansas Georgia North Carolina Kansas Commerce Department Congress

Midwest Market Summary Across Cedar Rapids Live Stocks and Grains

Cash grain mixed with old crop beans at 1.78 up 1 cent and new crop at 1.75 up 1. Quotes from Pro Farmer Rain Cedar Rapids. Hog and lamb markets steady with bids 39-70 dollars for lambs and 34-42 for hogs. dressed meats show higher steer carcasses and mixed boxed cutouts. Bulls with cautious buyer sentiment reported alongside light demand and ample egg supplies.

Pro Farmer Rain Cedar Rapids Lowa Minnesota U.S Midwest

Omaha banks in deep stress warn of layoffs and restructuring

The Federal Intermediate Credit Bank of Omaha shows 254.7 million dollars in delinquent loans and 109.7 million in non performing loans, totaling 22.7 percent of 1.6 billion in loans. Bank officials say drastic action, including staff changes, is needed as the system seeks external help.

Omaha, Neb Federal Intermediate Credit Bank of Omaha Farm Credit Banks of Omaha Omaha World-Herald Omaha Dean Raber The World Herald Raber Federal Land Bank of Omaha Omaha Bank For Cooperatives Farm Credit Banks of Nebraska Iowa Wyoming South Dakota Farm Credit System Farm Credit Administration Washington, D.C Credit Bank World-Herald Pcas O'Neill and Valentine Austin Texas James Rogers Joint Finance Committee Farm Credit Banks United States

Bankers predict worsening farm economy in Upper Midwest

Norwest Corp surveyed more than 600 bankers across Iowa Minnesota North Dakota South Dakota Nebraska Montana and Wisconsin. They reported pessimism with declining land values rising loan losses and expectedcontinued weak cash flow for many farm borrowers.

Minneapolis Upper Midwest Norwest Corp Sung Won Sohn Norwest Iowa Minnesota North Dakota South Dakota Nebraska Montana Wisconsin Sohn Farmers Home Administration

Pesticide trial balloon to avert future grocery recalls

A bill backed by the Grocery Manufacturers of America seeks uniform national tolerances for pesticide residues to prevent repeats of last year s EDB driven recalls. Senator Pete Wilson leads the push offering states the option to tighten rules, while indemnities remain uncertain and FIFRA renewal looms.

Zeus Tarr Grocery Manufacturers of America Inc Pete Wilson Rcalif Grocery Manufacturers of America Burnette

Export subsidy plan draws international criticism

The U.S. plan to subsidize farm exports with surplus commodities faces sharp opposition from major exporters and lawmakers. Critics warn it may depress world prices, trigger a trade war, and harm farmers abroad, including Argentina, while officials defend targeted use and free-trade concerns.

Washington Post Washington U.S Capitol Hill Reagan Administration Chicago Board of Trade Tom Harkin Iowa Agriculture Robert Thompson Ella Krucoff European Economic Community EEC John R. Block Krucoff Soviet Union United States Argentina International Monetary Fund Sens Mark Andrews R-N.d Edward Zorinsky

Minnesota North Dakota decline South Dakota hog ban

South Dakota Governor Janklow urged a regional ban on Canadian hogs to curb antibiotic concerns. Minnesota and North Dakota did not commit, while Iowa and Nebraska adopted similar bans. Plants halted Canadian livestock buys as patrols checked shipments, amid price declines of about four dollars per head.

Sioux Falls S.D Minnesota North Dakota South Dakota Bill Janklow Janklow Iowa Nebraska John Morrell & Co Swift Independent Packing Co Huron Jim Nichols Rudy Perpich Perpich George Sinner Canada Bob Jansen

Also Mentioned on This Page

C.R. Grain Ar Rapids E.N. Livestock Ray Zamastil Mid-America Russ Olson Fairfax Slaughter Des Moines West North Central States Kalona Gyshe Ani Chicago Joliet Hive Sie Ee Voltars Chicago Mercantile Exchange Pency Pb Ib Olive J. Ranieri Pickford Mich Mahlon Burnette III the Gazette House of Representatives
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