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Country Today in Eau Claire, Wisconsin

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Country Today

Location

Eau Claire, Wisconsin, United States of America

Date

May 29, 1985

Page

14

Land Bank raises loan rates in four states

The Federal Land Bank increased interest rates from 12 to 12.75 percent starting June 1 to cover loan losses from farm defaults. The change affects about 16,000 Wisconsin farmers and thousands in Minnesota North Dakota Michigan and Michigan’s others districts. Bank officials say the rise aims to avoid fiscal-year losses and is already prompting bankers to offer lower rates elsewhere.

Wisconsin States Federal Land Bank Land Bank Minnesota North Dakota Michigan Federal Land Bank of

Land bank borrowers face higher interest rates

Prairie Minn official says Farm Credit agencies approved by the Farm Credit Board of St Paul would allow fluctuating rates. About 8 percent of borrowers, roughly 16 000 people, are affected as their loan contracts permit rate changes.

The Federal Land Bank of St. Paul Rommel

Milk assessments total 1.4 billion in 1983 dairy plans

The dairy collection plans ended with March milk marketings and yielded 1.468 billion dollars. About 594 million came from the Omnibus Budget Reconciliation Act of 1982 and roughly 874 million from the Dairy and Tobacco Adjustment Act of 1983 creating the diversion plan. The USDA audits about 1,600 producers to ensure CCC obligations are met.

March Statistical Reporting Service USDA Commodity Credit Corp

Gunderson Named Director of Wisconsin Marketing Bureau

Mary L. Gunderson was appointed director of the economic and market development bureau in the Wisconsin DATCP marketing division. She replaces Allan Herrman, who resigned to join Wisconsin Public Service in Green Bay, and will lead market development, promote agricultural products abroad, and oversee market orders, cooperatives and commodity assistance.

Mary Gunderson Marketing Bureau Mary L. Gunderson Wisconsin Department of Agriculture, Trade and Consumer Protection Robert Thayer DATCP Mrs. Gunderson Allan Herrman Wisconsin Public Service Corporation Green Bay

Madison Fair Board makeup sees major change

The Legislature passed a bill to reform the State Fair Board replacing three members with five, establishing staggered five year terms and Senate confirmation for new appointees. The current system uses gubernatorial appointment with no Senate confirmation.

Fair Board State Fair Board Senate

Also Mentioned on This Page

Ng Board St. Paul, Minn Agribusiness Rodney Rommel Federal Land Bank of Western Wisconsin Daryl Eickhoff Blooming Prairie, Minn Farm Credit System District Land Bank Daryl Eickhoff Washington John Deere Polfus Richmond Forage Harvester Joan Deere Apprc Galesvile Equipment, Inc Galesville MEYER Baldwin Mondovi Imp. Co., Inc Mondovi Tri-County Implement, Inc Turtle Lake Menomonie Equipment Menomonie Koehl Imp., Inc Cameron & Rice Lake Durand Implement, Inc Durand, WI Oval of Credit Arcadia Implement Inc Rcadia Dairyland Imp. CO Sheldon Sandwater Equip., Inc Westfield Hillsboro Equip. Inc HiLlsboro Greene Implement, Inc Medford Stratford Stratford Farmers Union Krostue Albany Evergreen Equip Monroe Morrison Implement, Inc Kippewa Falls Serve, Inc Campbellsport Stefferud Imp., Inc Westby, WI
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