Sign-Up For '73 Farm Program In Mills County
Mills County farmers are urged to sign up for the 1973 Feed Grain Set-Aside Program from February 5 through March 16 at the ASCS office. Participants who set aside 30 percent of their feed grain base may receive a 70 percent parity-based guarantee, with variations in payments by crop. Tax deadlines loom with guidance from Extension Director LaVerne Obrecht, outlining calendar-year filing options and the 1973 Farmer's Tax Guide availability.
MENTIONED IN THIS ARTICLE
Earl L. Butz
Agricultural Stabilization and Conservation Service
ASCS
LaVerne Obrecht
Mills County Extension
Obrecht
Mills County
Malvern
Iowa
USDA Revises Farm Storage and Drying Loan Rules
The USDA announces changes to the Farm Storage and Drying Equipment Loan Program effective December 13. Storage must cover one year of production, loans exclude certain silo structures, concrete and electrical costs are ineligible, the loan cap drops to 25000 dollars, and the interest rate rises to 6 percent per year. The move follows easing storage needs due to on-farm construction and rising exports, aiming to curb federal expenditures in 1974. Kenneth E. Frick of the ASC Service notes on-farm facilities remain vital amid market programs.
MENTIONED IN THIS ARTICLE
USDA
Commodity Credit Corporation
Department
Kenneth E. Frick
Agricultural Stabilization and Conservation Service
Mr. Frick
Elevators and CCC loan provisions shape reserve grain use
USDA notes that despite loan maturity dates the CCC can call loans anytime, pushing reserve grain stocks toward use. As of October 31 1972 warehouse loans covered 77.7 million bushels of corn and 31.3 million bushels of grain sorghum while farm stored loans listed 137.3 million bushels of corn 63.3 million of barley 133.7 million of oats and 14.6 million of grain sorghum.
MENTIONED IN THIS ARTICLE
USDA
CCC
Farm Stored Reseal Loans To Mature In 1972
The USDA announced that loans on warehouse stored grains and several crop years of farm stored grains will not be extended beyond current maturity dates. It lists which crops and years are affected and notes that decisions on extensions for 1972 crop feed grains and 1971 crop oats and corn are deferred. Farmers will have time to plan redemption and use of reseal grain.
MENTIONED IN THIS ARTICLE
U.S. Department of Agriculture
USDA
Farm Incorporation Meeting January 11 at Atlantic Iowa
Mills County Extension Director LaVerne Obrecht announces a Farm Incorporation Meeting on January 11. The all day session begins at 9 15 a m at the 4 H Building Fairgrounds Atlantic Iowa with Dr Neil Hart covering corporate management capitalization stock transfers taxation employee status and farm corporation operation. Pre registration requested by January 5 and details available from the Mills County Extension office.
MENTIONED IN THIS ARTICLE
LaVerne C. Obrecht
Mills County
Fairground
Atlantic
Iowa
Neil Hart
Iowa State University Extension
Iowa Bar
Obrecht
Mills County Extension Office
Also Mentioned on This Page
Ee Mills County
Unsc Cste
Hue
Bill Correll
Glenwood
O2zzie
Ossie” Ostrander
Apco Ph
Teeny
Carroll R. Bloom
Bloom Real Estate
Glenwood State Bank
Glesweed Ambulance Service
Teegarden
Elwood M. Young
Homelite
Pealen
Televisions
North Side Square
BLOOM
Ron Harper
Shadden
Clay D. Shadden
Tabor
Jack L. Shadden
Bert Colwell
Malvern Body Shop
Malvern, Is
Glenwood Lumber CO
Connie's
Connie Harms
Barbara Mise Linds
Winne
State Farm
Langholz
Glenwood, Lowa
State Farm Fare and Casualty Company
Bloomington, Ilinois
P.d. Elevator
Pacific Junction
Leroy Hulse
Mr. Hulse
Lincoln
Leroy
Bonnie
Charles Vinton
Steve Lincoln
Glenwood Opinion-Tribune
First Federal Line
Gills
Omaha
Kearney
F.S.L.I.G
N Street
North
Belmont Plaza
Pacific
42Nd Street
First Avenue
Wm. Rogers
First Federal
P.O
Nebraska
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