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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 12, 1985
Page
29
Cash grain quotes show No 2 corn and soybeans down in Cedar Rapids with October through May contracts listed. Livestock markets in the Midwest report steady to higher hogs, weaker cattle, and tight pork and egg trading. regional grain and lamb quotes also noted.
A new Iowa law requires lenders' names to appear on checks for farm purchases, forcing buyers like Bud Smith at Coggon Livestock Sales Barn to list multiple lenders. The change aims to curb double payment but has triggered sweeping notices, costly mailings, and widespread frustration among farmers and lenders.
City briefs list varied local items from a college game trip to Iowa City to cemetery cleanup dates. Ads include travel packages with contacts, holiday markets, concerts, sales and service offers from area businesses like Gateway Travel Agency Czech Cottage Papa Juans and Pierson's Florists.
Ken Andrews of Alburnett named woodland owner of the year for a seven county Cedar Rapids area district. He owns 10 acres of native hardwoods and a 5 acre Christmas tree plantation west of Toddville. Andrews works with district forester George Warford on management since 1982 and aims to sell choose and cut trees starting 1990. His woodlands are American Tree Farm System certified for sustainable forestry.
The House approved delaying the unleaded gas phase-out for farm vehicles pending a study of mechanical effects. EPA and USDA must assess problems before restrictions start, with a 0.5 gram per gallon lead limit for farm use and a 0.1 gram limit for nonfarm uses. An ethanol reserve proposal by Rep. Jim Leach would use about 800 million bushels of corn and require barter or purchases to fund 3 million barrels of ethanol.
Wheat futures were mixed while corn and soybeans edged lower on the Chicago Board of Trade. Analysts attributed firm prices to rain delays risk and farmers holding back, with soybeans at year lows. Livestock and meat prices climbed on the Chicago Mercantile Exchange as demand from meat packers supported wholesale markets.
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