FCS could seek federal help as loans tank in 1987
The Farm Credit System faces potential insolvency with $12.3 billion in problem loans and a projected $2.9 billion operating loss this year, raising the likelihood of a Congress bailout in 1987 per GAO. FRA chair Naylor disputes the figures while noting rescue options remain.
MENTIONED IN THIS ARTICLE
Congress
General Accounting Office
Frank Naylor
Farm Credit Administration
GAO
Farm Credit
Anderson
H. Brent Beesley
Farm Credit Corporation of America
Senate Agriculture Committee
Beesley
Cenex and Land O Lakes discuss merger plan
Cenex and Land O Lakes, two large farmer owned cooperatives, are exploring a merger and other ways to cut duplication of services. The talks, reported by the St Paul Pioneer Press and Dispatch, could form the third largest farm cooperative in the United States with nearly 3.7 billion dollars in annual sales.
MENTIONED IN THIS ARTICLE
Cenex
Land O’lakes
St. Paul
Land O'Lakes
Arden Hills
Minn
Tis
Inver Grove Heights
Wisconsin
Pacific Northwest
Wisconsin Dairies invites milk producers to join
Attention milk producers your options are wide open call the Wisconsin Dairies plant nearest you or 608 356 8316 consistently applied producer benefits no dues no contracts long term stability from a financially secure dairy cooperative quality premiums and protein payments leadership in government decisions
MENTIONED IN THIS ARTICLE
Wisconsin Dairies
U.S
Also Mentioned on This Page
FCS
William J. Anderson
House Agriculture Credit Subcommittee
Dave Karpinski
Upper Midwest
Northern Plains States
Airdraulics, Inc
Jols Ave
Hwy
Chippewa Falls
Hamms
N.H. Balew
Massey
Air
Oliver
IHC
Swartz
Massey Air
Xriesel
Row
Quick Tack
NEW New Holland
Moline
Haybine
N.H. Haybine
NEW Holland
All Steel
1&S
N.H. Flair
Allis Miesel
Allis “Ab. Air
NEW Holland 1400 Sas
Bearcat
SON
Clear Lake
Triangle
N.H. Flail
DEUTZ
ALLIS
Deutz Allis
Durand Imp. Inc
Durand. WI
Appleton, WI
A&m Farm Syste
Baronette
Cadaneimdaar
Badger Dealers
Oconto, WI
Wee
Cigans
Wissota Badger Sales, Inc
Clintonville
Schley & Equip Sales & Service
Stratford, WI
Slinger, WI
Woodville, WI
Baraboo
Sagge