Farm debt, corn area forecast rise in USDA outlook
USDA projects farm debt to reach 154.6 billion by year end 1996, a 10 year high but well below the 1984 peak. Debt growth this decade remains modest, driven by equipment loans and favorable income, with real estate borrowing little changed. Corn acreage is expected to climb 12 percent to 79.9 million acres, the highest since 1985, as prices stay high and the new farm law reduces restrictions. Sorghum and barley plantings also rise, while wheat and durum follow modest gains. Soybean incentives are tempered by tight wheat and corn supplies.
MENTIONED IN THIS ARTICLE
Ashington
Agriculture Department
USDA
Washington
New farm bill stirs confusion for landowners and renters
The new farm bill, signed by President Clinton, aims to simplify paperwork but has farmers and landowners frustrated. Renters report rising cash rents and loss of farming opportunities as payments shift to fixed, declining subsidies detached from crop movements. Some owners may still collect government payments even if the land is left idle.
MENTIONED IN THIS ARTICLE
Ashington
Ted Glaub
Jonesboro
Ark
Delta
Clinton
Carl Langley
Hampshire
Texas
Glaub
Bazils join American Angus Association in Ottawa
The Bazil family of rural Ottawa joined the American Angus Association, with Bazil as a regular member and Megan and Jarrod as junior members eligible to register cattle and attend shows. The association, headquartered in St. Joseph, Mo., serves over 29,000 members.
MENTIONED IN THIS ARTICLE
Bazils
American Angus Association
Butch Bazil
Ottawa
St. Joseph
Bazil
Megan
Jarrod Bazil
Farm Credit
Farm Credit Services of
Southeast Kansas
Ottawa University
Clair Niles
Lebo
Donna Williams
Emporia
Ron Bitts
Melvern
FCS
Kansas
Anderson
Coffey
Franklin
Linn
Miami
Osage
Farm Bureau
Manhattan
Bill Fuller
Kansas Department of Health and Environment
KDHE
Topeka
Kan
Bill Graves
Mike Matson
Graves
Department of Agriculture
Kansas Water Office
Division of Water Resources
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North Hwy
S. Main St
Kraft Face
Remesh