Certs reshape farming payments as new currency emerges
Iowa farmers and grain elevators trade commodity certificates or certs created by a federal program. Elevators quote certs at 115 to 118 percent value while farmers gain more corn per dollar and brokers report multi million daily volumes. Experts warn congressional changes and delays could curb the market, with some critics fearing a new currency. Greg Lauser of Cargill in Minneapolis calls it a good deal for farmers while Sen. Domenici cautions about long term impacts.
MENTIONED IN THIS ARTICLE
al Swegler Jarite
Dave Treimer
Iowa
Alba
N.Y
Washington
Certs
Cargill
Cedar Rapids
Greg Lauser
Minneapolis
the Gazette
Treimer
Gramm- Rudman
Nancy Barickman
Mount Vernon
Barickman
Don Stamy
Robins
Stamy
Stanny
Bob Wisner
Ames
Iowa State University Extension
Wisner
Congress
Farm program payments evade taxes, GAO says
Millions in taxable farm program payments were unreported to the IRS in a GAO study. The report cites random reviews showing underreporting in 1982 and 1983 across crop loans and crop insurance, with billions possibly unreported and recommendations to improve information returns and matching.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
General Accounting Office
IRS
GAO
Congress
Congressional Joint Committee On Taxation
Commodity Credit Corp
City Briefs Advertising and Event Listings in Gazette
Free seminars on shopping for higher interest rates hosted by Perpetual Investment Associates with IRA options CDs and bonds on September 30 at 10 am and 6 30 pm. Other listings include tours gifts denture deals local events and vendors with contact numbers for reservations or inquiries.
MENTIONED IN THIS ARTICLE
Perpetual Investment Associates
Barbara Hennings
Mike Knipp
Adv
Iowa Farmers Home loans delinquent well below national rate
In Iowa, about 3,740 of 17,000 FmHA borrowers were behind on payments as of June 10, a 22 percent delinquency rate versus 31 percent nationwide. Northeast Iowa shows strong repayment due to dairy programs, while western counties like Ida and Woodbury report high arrears and foreclosures risk.
MENTIONED IN THIS ARTICLE
Des Moines
Fmha
Iowa
Ida County
Woodbury County
Pim
Cedar Rapids Volunteer Opportunities Abound
A Cedar Rapids area volunteer alert lists roles from art drawing for a story hour to friendship visits with mentally impaired adults. Calls for library reception, nursing home advocacy, senior citizen support, and Meals on Wheels routes accompany opportunities with ARC MHA and United Way.
MENTIONED IN THIS ARTICLE
Cedar Rapids Public Library
Sue
John
Cindy
ARC
Mount Vernon
Art
Cedar Rapids
MHA
Iowa
Shirley Henderson
YWCA
Also Mentioned on This Page
Agricultural Stabilization and Conservation Service
Chicago Board of Trade
Sen
Pete V. Domenici
R-N.m
Senate Budget Committee
United States
Domenici
Waitsfield
A&w
Gazette
Gays Mills
Apple Orchards
Galena
Fireside Theater
My Fair Lady
Woodfield
Watertower
Chicago
Country Lane
3Rd Ave. S.W
Duchess Plaza
Friendsmobile
Lovely Lane Preschool
42Nd St
Kindercare East
Park Pl
Commona
Second Ave
Awakening Hearts Productions
Unity Center
Blairs Ferry Rd
Cedar Rapids Symphony
Symphony Guild
Carlesbad
Old Tucson
Phoenix
WMT Radio
AAA Travel Agency
Eastman Kodak
China
Paramount Theater
16Th Ave
C St. S.W
Las Vegas
Las Vegas Hilton
Flamingo Hilton
American Travel
Kenwood Branch
First Ave
Elks Public Games
Teamsters Hall
St. S.W. Doors
California
Vernon Village
Dollywood
Heidelburg Castle
Biltmore Estate
More
Carleton
Loretta Lynn
Nancy Churchill
Westside Hair Design
1St St. S.W
Bob's Bridge Club
Woman's Club
Second Avenue
S.E
Gentle Dental East
Gazette Classified
AM Business Services
1St Avenue Building
Downtown
St. George
Coverall
Skate Country
Novak
14Th Avenue S.E
Siegel's
Nielsen Financial Consultants
Anne Murray
Pierson's Florists
Marion
Culligan
12Th St. Marion
David Reichter
Clayton County
Marcie
Liz
Council On Aging
Linn County
Marilyn
Rita
Big Brothers
Big Sisters
Doris
United Way
Andrew
L.I.V
Renee Grummer-Miller
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