Senate panel approves 4 billion Farm Credit bailout plan
A Senate Agriculture subcommittee unanimously backed a 4 billion dollar rescue via 15 year government guaranteed bonds to aid the Farm Credit System. It would create a reserve fund, a secondary market for loans, and board oversight while forecasting some system shrinkage and tighter restructuring of troubled loans.
MENTIONED IN THIS ARTICLE
Senate
Washington
David Boren
D-Okls
Senate Agriculture Subcommittee
Mr. Boren
Patrick J. Leahy
D-Vi
Boren
Leahy
Rudy Boschwitz
R-Minn
FCS
House
Mike Fitch
American Bankers Association
Reagan
Richard G. Lugar
R-Ind
America
Farmers Home Administration
Agriculture Department
Farm trade sparring continues between Europe and U S
Washington reports show U S and EEC leaders trading barbs over farm subsidies export policies and GATT talks in Geneva. Lyng and Yeutter push back against EEC plans saying they would extend government price controls and export subsidies. Both sides seek quick action on milk sugar and grain markets amid long standing disputes.
MENTIONED IN THIS ARTICLE
Washington
Europe
United States
Common Market
European Economic Community
U.S
EEC
Geneva
Switzerland
GATT
European Trading Line
Richard E. Lyng
Clayton Yeutter
Lyng-Yeutter
Lyng
Yeutter
Copenhagen
Denmark
Reagan
Sheep Return From Gruinard Island After Decontamination Effort
Forty fattened sheep completed a summer stay on Gruinard Island in western Scotland to test a 825000 government decontamination program for anthrax. A six member committee monitors isolation while authorities plan to return the island to civilian owners by year end if safety holds.
MENTIONED IN THIS ARTICLE
Gruinard
Scotland
Gruinard Island
Ministry of Defense
Nazi Germany
Defense Ministry
Stewart
Steward
Angus Henwick
Mr. Renwick
Frederick Ag Calendar Highlights Local Farm Events
The 1987 Ag Calendar lists upcoming farm group activities in Frederick and surrounding counties. Notable items include the Nov. 7 Mid-Atlantic Forestry Seminar in Frederick, the Nov. 17 Ballenger Grange meeting, and the Dec. 6-9 Maryland Farm Bureau Convention. Local clubs and associations such as Glade Valley Grange, Heart of Maryland Tractor Pullers, and Carroll Manor Grange are scheduled at various halls and centers with times ranging from 7 p.m. to 9:30 a.m. The calendar invites submissions to the Agriculture Editor for free listings.
MENTIONED IN THIS ARTICLE
Frederick
Quaiity Inn
Montgomery County
Montgomery County Agriculture Center
Gaithersburg
Glade Valley
Walkersville
Pennsylvania Farm Show Complex
Harrisburg
Heart of Maryland
Tractor Pullers Association
Urbana
Ballenger
Ballenger Community Hall
Frederick County
Atlantic Dairy Cooperative
Lancaster
Frederick County Sheep Breeders
Mountain Gate
Thurmont
Maryland Farm Bureau
Sheraton
Oceanfly
Frederick County Holstein Breeders Association
New Midway Fire
Carroll Manor Grange
Glade Valley Grange
Frederick County Agribusiness
Sheraton Inf-Frederick
Central Maryland
Carroll County Agriculture Center
Ballenger Grange
Warning of Second Wave Crisis in Farm Economy
Curt and David Becher of Minnesota, farmers on 440 acres, expect a second wave of the farm crisis as livestock profits peak in 1987 and crop prices fall. Economist Boehlje cautions about debt burdens and the need to cut spending, while bankers remain cautiously optimistic about farm loan portfolios.
MENTIONED IN THIS ARTICLE
Tribault
Minn
Curt Becher
Michael Boehlje
Minnesota
Boehlje
Department of Agricultural and Applied Economics
University of Minnesota
Becher
Curt
David Becher
Becher Brothers
Beehne
U.S. Department of Agriculture
USDA
Chicago Mercantile Exchange
Charles Lavitt
Shear
Lehman Brothers Inc
Chicago
Norwest Corp
Norwest
Larry Wipf
Wipf
Wipl
Bachtie
Larry Huegler
St. Paul
Farm Credit Services
Buegler
C.P
Buck” Moore
Mr. Boehlje
Mr. Buegler
Minneapolis Star Tribune
Also Mentioned on This Page
Mickey Mouse
Janet Warne
Dack Dismond
Monrovia
Moses
William Stewart
Dundee University
Britain
Dam Dee Country Inn
Grange Hall
Bem
Carroll Manor
Maryland
University of
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