Farm Credit System shifts to aid borrowers with land retention
FCS 7th District chief Charles Miche reports a new approach in 1987 as repossessed land is resold to neighbors and nonperforming loans are restructured. The four-state district moved from losses to a $7 million net income in the quarter ended June 30, with aggressive lending pivots and reduced interest rates on foreclosed lands.
MENTIONED IN THIS ARTICLE
Charles Miche
Belmont
FCS
Farm Leading
Wisconsin
Michigan
Minnesota
North Dakota
Miche
Farm Credit
Forecast: Fair to warm in the Madison area outlook
The National Weather Service forecasts Thursday will be fair with highs in the mid 70s to low 80s across the state. Clouds and a chance of thunderstorms are seen Friday and Saturday with highs in the upper 70s to mid 80s, then the 80s, and nightly lows ranging from the low 50s north to the low 60s south Thursday and the upper 50s to mid 60s Friday.
MENTIONED IN THIS ARTICLE
National Weather Service
Madison
Corn crop shrinks while possible record yields emerge
The Agriculture Departmentcuts 1987 corn harvest forecast to 7.23 billion bushels, down 12 percent from 1986, marking the smallest since 1983 yet with possible record per acre yields. Soybean and wheat outputs are shown at 2.0 billion and 2.13 billion bushels, respectively, as government acreage programs trim planting.
MENTIONED IN THIS ARTICLE
Agriculture Department
Department
Agricultural Statistics Board
Wisconsin Leads Corn Crop Rating Despite Dry Summer
Wisconsin tops the Corn Belt with 36 percent of corn rated excellent, tied with Pennsylvania and trailing only Kansas at 57 percent. State statistician Laura Ally notes Wisconsin’s rainfall was more adequate than other states. Indiana nearly matched Wisconsin’s excellence, while Iowa Minnesota Illinois and Nebraska recorded much lower excellent ratings.
MENTIONED IN THIS ARTICLE
Wisconsin
Madison
Laura Ally
Pennsylvania
Kansas
Indiana
Iowa
Minnesota
Illinois
Nebraska
States
Also Mentioned on This Page
Farm Credit System
Dubuque
Charles Miehe
Hayday
Kevin Hagen
Spooner
Washburn
Milwaukee
WMIL
FM 106
Waukesha County
Burnett
Barron
Polk
Soviet Union
USDA
U.S
Ers
Jan Shepel
Lloyd
Donna Benson
Waunakee
Dane County
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