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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 08, 1973
Page
11
Washington AP reports farm lenders and farmers split over exempting agricultural lending from Truth in Lending Act disclosures. Officials argue exemptions protect non profit and farm lending needs and costs, while some farmers push for clearer disclosures amid rising debt ratios and fluctuating rates.
Delaware County 4-H cited more than 65 members for leadership citizenship and achievement at Manchester township meetings and family nights this month. Winners include Ann McMahon Art Pins Norman Voelker Ellen McMahon Mary Broghumer Ruth Kittleson Darla Merman Tanice Burns Jerry Hofman Sandra Weiser Shirley Onebraeckling Mike Ryan Randy Maurer Joe Peiffer and others with twelve project awards in Beef Veterinary Agriculture and related fields.
William J. Brune of Des Moines has been promoted to deputy state conservationist of the Soil Conservation Service in Iowa. The appointment, announced by State Conservationist Wilson T. Moon, details Brune’s prior posts in Minnesota and his long career in soil and water conservation programs. He and his wife and daughter reside in Des Moines, with extended family listed in Minnesota and Manchester.
Iowa congressman Bill Scherle seeks an exemption from the 1968 Truth Act for farm credit. He introduces legislation to remove agricultural credit from consumer credit protections and require clear terms for credit transactions. He argues farm purchases should be treated as business expenses, aligning farm credit with other business lines.
Washington reports livestock feed prices still elevated as hay costs average around 89.10 per ton with a year-over-year rise, while grain and other feeds edge higher. USDA data shows a roughly 10 percent increase from last year, driven by storage and handling expenses amid seasonal demand.
Vague notices list extension election meetings in Sperry Leia Valya Nov. 15, Nov. 16 and Nov. 20 at township halls and all purpose rooms. Locations include North Bron Vista Buena Vista Monon Mendon Garnavilla and several other townships, with dates and venues scattered.
A USDA analysis shows farmers received the largest share of every consumer food dollar in the first three quarters of 1923. The report notes farmers earned about 70 cents per dollar in the July to September quarter, with shares rising 2 percent from May and 21 percent above a year earlier. Prices and market dynamics contributed to the shift, while overall household food costs remained influenced by production and distribution factors.
ANNO ABTIPEO, the area’s leading soybean research and marketing company, has purchased Be ALPS of Bruit three miles east of Ames on new highway 30, Richard Elijah of Clarence, president, announced.
NORWALK descriptive notice seeks an 18 to 25 year old girl for a contest part of the Frincers Saga event. Applicants must submit to Mrs. Kern Route A Norwalk and county extension offices, with a Des Moines based event on December 10 during the Tawa Soybean Association meeting.
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