Change Sought in Cattle Lien Rules Debate in Wisconsin Assembly
Wisconsin cattle industry representatives told the Assembly Agriculture Committee that livestock dealers should not bear full lien liability when selling cattle subject to mortgages. They argue lenders know borrowers risk, while dealers face lawsuits and large judgments. Opponents warn removing protections could chill lending, and no action was taken.
MENTIONED IN THIS ARTICLE
Assembly Agriculture Committee
Norbert Brandt
Midwest Livestock Producers Cooperative
Francis Creek
Donna Seyedkazemi
Wisconsin Equity Livestock
Wisconsin
Syd Mathes
Wisconsin Livestock Dealers Association
Vaughan
Farm Credit Banks seek federal help to sustain system
The 37 Farm Credit Banks unanimously supported forming a Legislative Committee to pursue federal financial assistance. FCCA President Alton B. Cook announced plans at the national directors conference. The panel will decide timing amount and form of aid and may also consider capital optimization moves including authorities confirmation and voluntary mergers subject to stockholder approval.
MENTIONED IN THIS ARTICLE
Farm Credit Banks
Farm Credit System
U.S
National Directors
System Banks
The
Farm Credit Council
FCCA
Hay auction signals bargain hay prices in Fennimore market
At the Midwest Livestock Producers sale barn in Fennimore on Sept 16 hay fetched 50 to 70 per ton with nine lots sold by the ton averaging 61. Prices were about 20 a ton lower than a year ago and demand was modest with about 50 attendees. Tim Wood notes farmers had decent rainfall in August and may delay buying hay as prices look to stay low this fall before a potential rise in winter. The next quality tested hay auction is Oct 4 in Lomira with 88 sales planned across 20 locations this season.
MENTIONED IN THIS ARTICLE
Midwest Livestock Producers Sale
Tim Wood
Grant County Extension Ag
Lomira
Equity Cooperative
Johnson Creek
Simm
Hank Harris
Winter wheat planting on schedule in Kansas
Kansas, the top winter wheat producer, reports 10 percent planted by September 15, matching last year and the long-time average. Oklahoma also shows 10 percent planted, below the normal 15 percent by mid-September.
MENTIONED IN THIS ARTICLE
Kansas
Agriculture Department
Oklahoma
Also Mentioned on This Page
Madison
Mr. Brandt
Michael Vaughan
Wisconsin Bankers Association
Committee
Jim Massey
Farm Credit
Jackson, Wyo
Alton B. Cook
Farm Credit Corporation of America
Fennimore
Mr. Wood
Wes
Gary
Rick
Morton Blogs., Inc
Dodgeville
van Dale
East-Rite
Hedlund
PATZ
Metrio
Binds Sales & Service
Hwy
Reedsburg
Scott
Cuba City
Scott's Harvest Service
Elmwood Rd
P.O
Ixonia
Fink
Mt. Horeb
Washington D.C
Case International
Barneveld
Barneveld Imp. Co
Belmont BelmOnt Equip., Inc
Highland Fillback Imp. Inc
Lancaster
Finney Imp., Inc
Monfort, WI
Richland Center
Cairns Equip., Inc