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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Apr 10, 1985
Page
5
A consultant explains using life insurance death benefits to equalize an estate among two daughters while two sons continue farming. Policy ownership and beneficiary changes can trigger gift and estate tax consequences, with advice to align owner beneficiary and insured to avoid unwanted gifts and tax. The piece stresses understanding laws and tax implications in life contracts.
Iowa State University economist Gene Futrell says hog prices should recover by mid to late April and trend higher into summer. The USDA March hogs and pigs report shows a 1 percent drop in market hogs across 10 states to 39.5 million head, with breeding stock down 4 percent, marking the lowest March 1 inventory since 1973. Iowa 210–250 pound barrows traded around 42.50 to 44.50, with forecasts for upper 40s into May and low 50s by June, and July or August possibly in the 53 to 54 range.
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