Alabama farmers face rising debt amid slowing production trend
John Liles of the Alabama Polytechnic Institute notes that indebtedness remains high at the state level while production shows signs of slowing. He cautions that debt could rise again in upcoming reports as mortgage pressures affect farmers statewide.
MENTIONED IN THIS ARTICLE
John Liles
Alabama Polyalegie Institute
Opie
Alabama
Farm Debts in Alabama Track National Trend in 1945
Total farm mortgage indebtedness nears 70 million dollars with 53 percent from individuals, 24 percent from the Federal Land Bank, 15 percent from FSA, 6 percent from Federal Mortgage Corporation and the rest from life insurance companies. The pattern mirrors national shifts, with many farms changing hands cash and rising land prices signaling possible faster debt growth while farmers reduce existing obligations during high prices.
MENTIONED IN THIS ARTICLE
Federal Land Bank
Federal Mortgage Corporation
Alabama
Liles
4 H Boys Recruited For Summer Jobs
Alabama 4 H Club boys sixteen years and older and a few adult farmers are recruited in every county to work on Ohio farms this summer. They will tassel corn in hybrid seed fields, earn forty five cents an hour, and be housed and fed by the farmers. Last year 147 members worked in Ohio with favorable reviews. this year 350 are sought. Recruitment is led by county agents under H Earle Williams, extension farm labor supervisor, API.
MENTIONED IN THIS ARTICLE
Auburn
Alabama
Ohio
4-H
H. Earle Williams
API
New Potatoes Plentiful Urges Potters to Use More
Abundant supplies of new potatoes head the local market, says A W Jones of the Production and Marketing Administration. He urges planners to include them in meals and notes they can replace bread in balanced diets. The campaign aims to ease wheat demand while potato supplies last. 104 years on faculty at Massachusetts State College retired: Clarence E Gordon Philip H Smith and William H Armstrong conclude long service.
MENTIONED IN THIS ARTICLE
Auburn
A. W. Jones
U. S. Department of Agriculture
Amherst
Mass
Clarence E. Gordon
Philip H. Smith
William H. Armstrong
Massachusetts State College
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