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Ottawa Herald in Ottawa, Kansas

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Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

May 01, 1980

Page

12

Financial Sheets Talk Bucks To Farmer

A Tuesday meeting of young farmers focused on financial planning including balance sheets income statements and cash flow. Extension economist Marvin Fausett outlined assets debits and net worth while lenders Chuck Waggoner and others explained Land Bank practices loan purposes rates and terms for farm real estate and equipment financing.

Diane Yeamans Marvin Fausett Fausett Federal Land Bank

Farm Loans and Financing Rules From FmHA and PCA

Farmers Home Administration outlines loan types with five to twelve percent rates and up to 400000 for emergency and operating needs. Production Credit Association describes short term bonds, collateral needs, and high rates around fourteen to nineteen percent. Kansas bank official notes variable rates, 30 to 35 percent downpayments, and a 17 to 18 percent current rate.

Elton Murrow Farmers Home Administration Land Bank Fmha Arion Frank Production Credit PCA Frank Lloyd Davidson Kansas State Bank

Farm Women Scorned Build Clout in Washington Lobbying

Peggy Arensman leads WIFE Women Involved In Farm Economics a rapid nationwide lobby formed by dissatisfied farm wives. Kansas cites 80 chapters forming in weeks as members push farm policy research education and outreach while challenging nonfarm decisions and beef imports.

Washington Attila the Hun

Also Mentioned on This Page

Chuck Waggoner Waggoner Production Credit Association Bank Senate Farm and Road Tire Service Farm Bureau SCOTT North Aubhard Lumbak Earl Sehylanke Amt Ottawa Kansas Leonard Rues Marge Kitts Eldon Crenshaw Francis Roller Tony Criqui Robert Jones, Jr Jim Nichols David Flora Franklin Savings O Franklin Savings Se FSLIC Wobard Littbes Rush Angerson
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