Farm Credit vote looms on four state consolidation plan
Farmers and ranchers in the Ninth Farm Credit District will vote on consolidating Wichita district associations into one four state FLBA and one four state PCA. Proxy ballots mailed to about 50,200 FLBA stockholders and 11,000 PCA stockholders. If approved, effective Dec. 31 1985, assets and liabilities shift to the four state entities.
MENTIONED IN THIS ARTICLE
Wichita
Federal Land Bank Associations
Ninth Farm Credit District
Washington
Farm Credit
FLBA
Pcas
Flbas
PCA
Spokane
St. Louis
Jackson
Miss
Perry
Reagan
House
Senate
U.S. Treasury
FICB
Farm Credit Banks of
FIDE
Farm Credit Banks of Wichita face heavy losses in 1985 third quarter
The four state Farm Credit Banks that serve farmers and ranchers report a combined nine month loss of 106.5 million, driven by rising loan losses at the Federal Land Bank and support to Production Credit Associations. The Wichita Bank for Cooperatives posts a 7.6 million net income for Q3, down from 8.3 million a year earlier as capital falls to 827.2 million. Loans serviced drop 6.7 percent to 75,143. President Perry warns 1985 remains bleak for agricultural income and foresees continued asset increases and losses through 1985 and beyond.
MENTIONED IN THIS ARTICLE
Perry
Wichita
FLBA
PCA
Pcas
Federal Intermediate Credit Bank
Farm Credit Banks
Federal Land Bank
J.K. Perry
Farm expenses bite into profits as prices edge up
Kansas State University extension economists told local producers that government loan programs may lift price supports for wheat feedgrains and soybeans while rising cattle values improve quarterly profitability. But cash costs will still hinder many from earning a living wage, prompting more leasing of livestock facilities storage and machinery. Farmers are advised to sell current feedgrains and wheat or use futures or calls to ride rallies. Three Kansas fairs will showcase microcomputer software and farm management topics with preregistration required.
MENTIONED IN THIS ARTICLE
Robert W. Bosworth
Manhattan
Kansas State University Extension
Bill Tierney
KSU
Mike Sands
Barrow
Don Pretzer
Pretzer
Tierney
U.S
Kansas State University
Hays Holidome
Garden City
Hilton Inn
Dee
Emporia Fair
K-State Extension
Department of Agricultural Economics
Barry Flinchbaugh
Capitol Hill
Hays
Emporia
Kansas
Also Mentioned on This Page
Wichita Fcs
Mount
Wichita Bank For Cooperatives
Art Barnaby
Panhandle
Fipeline Company
Bissonnet
Houston
Texas
Don Higgins
Princeton
Ottawa
Sheldon Equipment Co., Inc
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