Agricultural Outlook for 1959 by Farm Economist
United States Department of Agriculture forecasts 1959 net farm income will fall ten percent from 1958 due to higher production. Prices are expected to ease with lower food costs despite strong demand, while production costs rise except for fertilizer and feed. Francis Kutish of Iowa State College notes pork and some vegetables will rise in supplies, hog prices soften, and poultry egg prices dip early 1969 with potential rebound by autumn.
MENTIONED IN THIS ARTICLE
United States Department of Agriculture
USDA
Francis Kutish
Iowa State College
Kutish
Katish
Not All Farm Income Taxable Says ALC
Tax specialists at the State University of Iowa Agricultural Law Center explain that not all farm income is fully taxable. Some property sales are partially taxable, others may be tax free if reinvested. Capital gains rules depend on holding periods and asset type, with losses offsetting gains and big implications for planning. The piece notes the series’ origin and upcoming topics on depreciation deductions.
MENTIONED IN THIS ARTICLE
State University of Iowa Agricultural Law Center
Chronicle
Law Center
Farm Service Co to Elect Directors in Oskaloosa
The Mahaska Farm Service Co. will hold its annual meeting in the Farm Bureau building basement in Oskaloosa on December 19 to elect three directors and report on 1958 operations. A lunch will be served starting at 11:45 am, followed by the business meeting.
MENTIONED IN THIS ARTICLE
Mahaska Farm Service Co
Farm Bureau
Oskaloosa
Newton Youth Present Indian Film Saturday
Rally director Norman Winter announced Newton Youth for Christ will present the film Call of the Navajo on Saturday night December 20 at 7 30 at the Christian and Missionary Alliance church East 10th street south with special music at this public program.
MENTIONED IN THIS ARTICLE
Norman Winter
Newton Youth For Christ
Christian and Missionary Alliance
East 10Th Street South
FarmTool Electric Tool For Woodwork And More
Thor Research Center outlines the FarmTool an electric impact wrench with ten tools in one. It bores two inch holes in joists without heavy muscle, features a reversible auger, and a no twist grip for overhead use. Readers questions on do it yourself projects are invited.
MENTIONED IN THIS ARTICLE
Thor Research Center
Marengo
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Ae Nemretrin
Zooz
Aioe
Om A O
Berkshire
Tysseling & de Wild
ALC
Pella Mayfair
Sally Lynnwood
Pella Peoria Stock Yards
Farm Service Co
Newton Youth
Weekly
Don Burrowbridge
Pella Cooperative
Electric Association