Federal bank tour highlights farm milk yields and debts
Minneapolis Federal Reserve directors visited the Jon-De dairy farm in Baldwin as part of their regional tour. They cited a combination of low prices, high interest rates, and surplus supplies as pressures on farmers while noting bankers’ willingness to refinance loans. Dean Doornink outlined a 19 997 pound per cow yearly herd average and 26 Progressive Breeder Awards.
MENTIONED IN THIS ARTICLE
Phillips
Jon-De
Dean Doornink
Jim
Margaret
Doorninks
Jon de Farm
Minneapolis Federal Reserve Bank
William Mathers
Miles City
Montana
Jim Lyon
The
Reserve Bank
Harold Zigmund
Grand Rapids
Minn
Vern Marquardt
L’anse
Mich
Hillsdale 4-Hers defend turkey trot title at Barron Farm Fest
Hillsdale area 4-Hers won the senior division Golden Gobbler Gallop for the third straight year as Maynard from Jerome Foods crossed the line first on Barron’s main street. Johnny Donica Brad Voth and Jamie Clark guided Mr. Kool to a junior division record time of 25.8 seconds, beating E Z Red in a 24-bird field of two divisions with about 3,000 spectators.
MENTIONED IN THIS ARTICLE
Maynard
Barron
Denise Louis
Donna Burling
Debbie Louis
Countrysiders 4-H Club
Hillsdale
Hillsdale-area
Barron’s
Jerome Foods
la Salle Avenue
Denise
Mr. Kool
Johnny Donica
Brad Voth
Jamie Clark
Wisconsin Dairy Offset In Ninth District Outlook
Wisconsin is financially better off than other Ninth Federal Reserve District states due to its dairy industry says Dick Todd an agricultural economist at the Minneapolis Fed. He notes dairy farmers enjoy supports and cheaper feed while other farmers lack such price supports and face higher costs. Net farm income sits near 1930 levels but is divided among fewer larger farms with off farm incomes helping families.
MENTIONED IN THIS ARTICLE
Wisconsin
Ninth
Federal Reserve District
Dick Todd
Minneapolis Federal Reserve Bank
Todd
Federal Reserve Bank
Minnesota
Montana
North Dakota
South Dakota
Upper Peninsula
Michigan
Mr. Todd
Twin Cities Forecast Cloudy Cool With Weekend Thunderstorms
National Weather Service forecasters in the Twin Cities say Thursday through Saturday will bring fair to partly cloudy skies with a chance of thunderstorms on Saturday. Highs in the low 70s, lows in the 50s. Normal highs around 78 and lows near 58.
MENTIONED IN THIS ARTICLE
National Weather Service
Twin Cities
Also Mentioned on This Page
Baldwin
William G. Phillips
Baldwin Farm
Eau Claire
la Crosse
G. Heileman Brewery
Montana Land Company
Generose Gervais
St. Mary’s Hospital
Rochester
Dean
E. Gerald Corrigan
Jon
Corrigan
Country Today
Tom Lawin
Champs
Turkey
Barron County
Jerome’s
E-Z
Red
Larry Hoyer
Bird
Hoyer
Hard Hat
Mildoo
Ralphie
Stormin
Norman
Bank Brass
Lois Reis
Perrierrr
Social Security
Country Life Reir
Coe