Federal Payments Help Farmers Survive
Kansas farmer Lynn Buerki, with a 1000 acre operation in Sedgwick County, watches net worth shrink and cuts costs while trying smarter farming. Economists warn two thirds of Kansas farmers struggle, with half income from federal payments shaping the outlook for 1986 and beyond.
MENTIONED IN THIS ARTICLE
Wichita
Kan
Lynn Buerki
Buerki
Shirley
Sedgwick County
Kansas
Flinchbaugh
Congress
Kansas oil industry in crisis cuts jobs and tax revenue
Kansas oil producers face a deep crisis with a 25 percent job drop, bank failures rising, and severance tax revenue $34 million below 1985. Industry leaders warn of widespread impact across 90 counties, about 4,000 operators, and 38,000 workers, as prices slump toward $20 a barrel.
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Topeka
Kan
Kansas
Donald P. Schnacke
Kansas Independent Oil and Gas Association
Schnacke
Collins
OPEC
KIOGA
Government lowers minimum on Series EE bonds in new issue
The government cut the minimum guaranteed yield on Series EE savings bonds sold after November 1 from 7.5 percent to 6 percent as rates fall. Pre November buyers enjoyed a strong deal, while new issues offer convenience and tax advantages but weaker potential returns, with a floor that could rise if interest rates improve.
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New York
Treasury
Navy
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