Farm Bureau seeks special session to cut farmland tax hike
Iowa Farm Bureau President Merrill Anderson urged Governor Ray to call a special legislative session to roll back the farmland valuation surge and impose a one year moratorium on further increases. He warned rural schools could lose state aid as property taxes rise and urged restoring property tax relief for farmers facing higher levies.
MENTIONED IN THIS ARTICLE
Iowa Farm Bureau
Merrill Anderson
Robert Ray
Anderson
State Revenue Department
Farmland Valuations Dropping Tax Burden Proposals Discussed
Farm official says new valuation orders set base for this year’s taxes and cautions against locking in high values. Iowa Farm Bureau pitches earning capacity based land assessments with current loan rates, challenging market value use and noting inflation distortions. Legislators urged to adjust school funding to shield state aid and curb property taxes. farm owners urged to form local groups to monitor spending and tax changes. LETTS auction reports high sales with 1 850 dollar gift, top boar at 1 000 dollars, 158 animals totaling 56 245 dollars.
MENTIONED IN THIS ARTICLE
Anderson
Iowa Farm Bureau
Orville Meeker Hampshire
Bob Etcheson
West Plaines
Fll
Vern Wiese
Wiese Four Star Farms
de Witt
FS Services reports record 1974 75 sales in face of shortages
Des Moines reports FS Services posts $485 million in sales for 1974 75, up 25 percent from 1974. Earnings reach $40.8 million with patronage refunds totaling $29.7 million. Shareholder equity climbs to $77.3 million as investments and expanded fertilizer needs drive long term capital plans.
MENTIONED IN THIS ARTICLE
Des Moines
T. E. Milligan
Mulligan
Téuhs
CF Industries
National Cooperative Refinery Assn
Universal Cooperatives
Illinois Grain Corp
LVO International
St. Louis Blank
Senate Ag Unit Approves Humphrey Grain Inspection Bill
The Senate Agriculture Committee backed a bill tightening federal grain inspection oversight and requiring large grain trade firms to register. It seeks to curb corruption tied to export grain with a one year hiring boost for inspectors and permanent ownership disclosures. Indictments tied to New Orleans and Houston investigations are noted.
MENTIONED IN THIS ARTICLE
Senate Ag
Humphrey
Washington
UPI
Senate Agriculture Committee
Hubert H. Humphrey
D-Minn
New Orleans
Houston
Agriculture Secretary
Dick Clark
D-Iown
Agriculture Department
Cedar Farm Bureau Re-elects Officers at Tipton Meeting
Cedar county Farm Bureau re-elected six officers at Tipton High School. New officer elect Margaret Johnston of Tipton becomes women's chair. resolutions urged farmer-owned grain reserves, limits on packers feeding livestock, changes in grain trading standards, warnings for OSHA violators, and resisted expanding Corps of Engineers control of waterways. The group also pressed to raise the inheritance tax gift exemption to $15,000.
MENTIONED IN THIS ARTICLE
Tipton
Cedar County Farm Bureau
Tipton High School
Robert E. Davidson
Stanwood
Bill Lenker
Wilton
Roger Wiese
Bennett
Charles Albaugh
Lisbon
Merlin Hulse
Clarence
Margaret Johnston
Luella Hein
Corp of Engineers
Farm Bureau
Lehrman Repeats Carcass Win In East Iowa
Arnold Lehrman of Mechanicsville repeats as carcass champion at the Eastern Iowa Quality Carcass heel show with a 740-pound crossbred steer yielding choice quality meat and a 15.7 square inch ribeye. Of 67 entries, 38 were disqualified for not meeting choice grade. top placers include Scott Licht, Ryan Mostaert, Darwin Blesson, and Jack Broders with varying saleable meat percentages. The event was sponsored by Clarance Lowden and Lincoln school adult farmers classes at Stanwood.
MENTIONED IN THIS ARTICLE
Mechanicsville
Iowa
Arnold Lehrman
Lehrman
Ralph Keppy, Jr
Durant
Scott Licht
Lowden
Ryan Mostaert
Clarence
Darwin Blesson
Stockton
Jack Broders
Clarance Lowden
Lincoln School
Stanwood
Government Farm Price Supports Seen Rising 11 to 12 Percent
Government price support rates for 1976 crops are expected to rise 11 to 12 percent, narrowing the gap with open market prices. Experts say the increase will not spark a large subsidy payout and targets remain well below current market levels. Corn targets may reach about $1.59 a bushel, still under prevailing prices, while wheat targets rise toward about $2.27 a bushel for 1976.
MENTIONED IN THIS ARTICLE
Washington
UPI
Agriculture Department
Congress
Tate
Also Mentioned on This Page
Swegle
North Linny Future Farmers of America
FFA
Manchester
North Linn
Dave Taylor
Daggan
Mark Butz
Steve Funk
Gary Mills
Walker
Butz
Farm News
Meeker
Cedar Farm Bureau
Carcass
Mach
Bhd
Angus
David Lent
Aurtion
David C. Berry
Iaum
Harold
Vinton
Fari
David Miller
Lowe City
Charles Vornholt
Ely
J. Edeward Crock
Hog Isle
Washington County Fairground
Sun
Richard Schutt
Richard Schmitt
Reni
Charles Yerkes
Tama H.S
Toledo
Sat
Joan Bockenstedt
Bryan Megonigte
Richard Mawe
Prairieburg
Ardan
Sam
Ngon-Spa Town & Country
Cedar Rapids
Weina Alg Ens
MAY
Powe
Codor Rapids
Marton
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