Young Curtiss farmer loses hog operation to unpaid debt
The 22 year old Terry Weideman of Curtiss faced forced sale of 150 sows and 120 to 150 feeder pigs after the Thorp Production Credit Association refused further financing. Over six figures owed, low pork prices reduce proceeds to about 12 thousand. PCA's Bruce Wickman defended the action as preventing deeper debt. Weideman began hog raising in 1975 and fears future credit access.
MENTIONED IN THIS ARTICLE
Weideman
NFO
Thorp Production Credit Association
Bruce Wickman
Thorp Pca
Mr. Weideman
PCA
Hog farmer Weideman faces cash crunch amid low hog prices
Weideman, a Clark County hog farmer, reports losses of 13 to 14 dollars per pig and 20 dollars per butcher hog as market prices dip. He has $24,000 left on a $34,000 Massey Ferguson tractor and limited credit options amid 36 percent parity, with widespread farm declines noted by local observers and USDA figures.
MENTIONED IN THIS ARTICLE
Massey Ferguson
Weideman
USDA
PUA
Also Mentioned on This Page
Tuggin’ Away
Mississippi River
Prescott
Twin Cities
Clark County
Curtiss
Terry Weideman
Rt. 1
Country Today
Pierce Fair
Ellsworth
Pierce County Fair
Chrysler
Bob Hamm
Owen
South
Ing
Jim
Vic Wagner
Clark County Extension Farm Management
del Wacker