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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Dec 16, 1987
Page
7
Iowa State University economist Robert Wisner says farmers may gain more choices in the 1988 Feed Grain program due to cost cutting pressures and questions about set aside acres. Decisions by Congress and the administration will determine final options, with shifts in soy planting and world demand shaping prices.
Cash grain markets show mixed directions with hard red winter wheat advancing on export support while corn and soybeans drift. Prices at Minneapolis Duluth and Southern Wisconsin elevators reflect sluggish demand, light country selling, and firm Gulf demand, with weekly corn averages around $1.70 and soybeans near $5.66 a bushel.
Dexter Porter of the SCS in Sheboygan County says some soil conservation expenses are deductible if part of an approved plan. Deductions depend on county or state approved plans and the 1986 Tax Reform Act limits to listed practices.
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