Farm debt interest nears 2.5 billion in 1967 year
Washington AP reports a Department of Agriculture survey shows farmers will pay a record 2.5 billion dollars in loan interest in 1967, up from 2.2 billion last year and 838 million in 1955. About 1.226 billion goes to mortgage loans and 1.241 billion to short-term loans. total farm debt is seen at about 45 billion. Farmers must use more credit to fund production as costs rise, though debt is expected to be manageable. An adult class in Tipton will study beef cattle profit Wednesday at 7:30 pm in the high school library.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Tipton
Lo Ag
Multiple Farm Auctions Across Regions This Week
A dense list of farm auctions scheduled in various towns including Chebee, Mechadiesville, Seringville, Avan, Luxerbure, Mechanicsville, Central City, Ely, and Williamsburg. Items feature livestock, dairy cows, machinery, hay, grain, and household goods with dates set from Tuesday to Saturday and times around 11 a.m. to 1 p.m. Many listings mention closing out or public auction terms, and several estates include named bidders or organizers such as Mrs Esther Bartachek, Charles Bartechek, Nell Bieber, Robert Hanna, Albert McVay, and Emil Kadtra.
MENTIONED IN THIS ARTICLE
Esther Bartachek
Charles Bartechek
Chebee
Nell Bieber
Mechadiesville
Cloater
Mechinery
Ralph Fisher
Blairstown
Saterday
Mehinery
Hey
Straw
Robert Hanna
Seringville
Ersin
Albert McVay
Avan
Marie Rianal
Mt. Auburn
Kemp
Emil Kadtra
Oxford
S Eimer Schilde
Luxerbure
C. F. Sallerd
Machhinery
Hush W. Elliott
Mechanicsville
Farm Worker Numbers May Hit New Low
The Agriculture Department projects employment in farming to decline from 5.2 million this year to about 4.8 million next year as more acreage is planted but fewer workers are used. Hired workers fell faster than family workers, and average farm wages rose from 95 cents to $1.03 per hour with a forecast of further increases.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Winneshiek Extension Elections Held in County CouncIL
New members elected to the Winneshiek county extension council at recent township meetings include Burr Oak Virgil Snell Canoe Mrs. Fred McLain Pleasant Robert D. Allen Lincoln Lyle Rosendahl Sumner Joe Ryant Frankville Dave Schwheinius Clayton Wangsness was re elected to a two year term Highland township Three more township elections remain to be held.
MENTIONED IN THIS ARTICLE
Decorah
Winneshiek
4-H Judges Named For Chicago Meet
Iowa 4H dairy judging team members selected to compete December 1 in the junior judging contest at the International Livestock Exposition in Chicago. Named are Mark Benda Toledo Robert Koenen Latimer Robert Tapper Grundy Center and Roger Woodruff Indianola. Des Moines iCop Dairy sponsors the trip.
MENTIONED IN THIS ARTICLE
Ames
Iowa
Chicago
Mark Benda
Toledo
Robert Koenen
Latimer
Robert Tapper
Grundy Center
Roger Woodruff
Indianola
Des Moines
iCop
Cedar County Banker To Address Feeders
DES MOINES A Durant banker Oliver Hansen will speak at the Iowa Livestock Feeders Association convention December 7 and 8 at the Kirkwood hotel Des Moines His topic is Modern Financing of Livestock and Agriculture Other speakers include Kenneth Owen William Zmolek and Robert H Ray The program opens December 7 with a 6 PM buffet dinner followed by Dr H L Self speaking on We Need to Know More About Shrink.
MENTIONED IN THIS ARTICLE
Des Moines
Eastern Iowa Bank
Oliver Hansen
Durant
Iowa Livestock Feeders Association
Kirkwood
Kenneth E. Owen
Centerville
William G. Zmolek
Ames
Iowa
Robert H. Ray
Norfolk
Neb
National Livestock Feeders Association
H. L. Self
Iowa State University
Farm Bureau to host data processing farm record session
VINTON The Farm Bureau's electronic data processing farm record service will be explained next Monday Nov 28 at 8 p.m. in the Farm Bureau building in Vinton.
MENTIONED IN THIS ARTICLE
Vinton
Farm Bureau
Ibuilding
4 H Leaders Will Meet for Planning in Manchester
Delaware county girls 4 H club leaders will meet November 29 at 7 30 p m and boys 4 H club leaders November 30 at 8 p m in the extension office in Manchester Two members from each local club invited to attend sessions County Extension Director Robert E Hall says county extension staff will conduct the workshop planning and provide leaders with materials for use in local meetings
MENTIONED IN THIS ARTICLE
Manchester
Delaware County
Robert E. Hall
Maynard and Volga Farm Harvest Report
Neighbors report Maynard Menefee farm near Maynard on highway 150 yielded acres of corn with 20 tractors seven corn pickers three combines and 33 wagons last week while 36 men near Volga harvested 60 acres on the Marsene Gamm farm three and a half miles northwest of Volga. Women from area churches provided noon meals and dinners. Gamm is listed as a patient at the veterans hospital in Iowa City.
MENTIONED IN THIS ARTICLE
Maynard
Maynard Menefee Farm
Maynnard
Highway 150
Menefee
Palmer Memorial Hospital
West Union
Volga
Marsene Gamm
St. Paul’s Lutheran Church
Gamm
Veterans Hospital
Iowa City
Farm Costs Rise Ahead for 1965 and Beyond
Washington report shows 1965 farming costs near 8 percent higher than 30.7 billion with a 2 percent drop in production. Non farm expenses up 5 percent while farm produced items costs rise 14 percent. Cash receipts expected to lift net farm income to about 16.2 billion. 1967 may see higher expenses, including taxes and interest, plus increased use of production services and supplier financing raising overall costs.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agrriculture Department
West Branch DHIA Cows Surpass 600 Lb Butterfat
Eight cows tested in West Branch DHIA during November completed production records over 600 pounds of butterfat. DHIA Supervisor Vincent Wurr reports owners Ray Crock Jr of Tipton with 672 and 614 pounds Harold Syring of Tipton with 634 639 and 613 pounds Robert Brand with 611 pounds and Frederick Decker of Lowden with 662 pounds.
MENTIONED IN THIS ARTICLE
Tipton
West Branch
DHIA
Vincent Wurr
Ray Crock, Jr
Harold Syring
Robert Brand
Frederick Decker
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Gazette Arm
Mendey
Nev
Nerad and
Achenbach
Alvin Sehild
Sami
Seile Plaine
Alve Beebe
Pari
Central City
Ely
Rudolph Melatek
Tuewey
George Stan
Williamsburg
Jane Ann Bigbee
Marengo Marengo
Carson High School
Marengo
Jake Valentine
Chamber of Commerce
Lyle Hark
Max Milo Mills
Marshalltown
Ray Logue
Richard Anderson
Winneshiek Extension
Beil
Cedar County
M. R
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Peoples Appliance Dept
Cadar Rapids
Philco
GOD Charter
Louisville, KY
Kentucky
Automels
First Avenue