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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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