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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Rock Valley Bee
Location
Rock Valley, Iowa, United States of America
Date
Dec 05, 1973
Page
7
The article outlines eligible items for the investment tax credit for farmers including machinery equipment livestock for dairy or breeding purposes excluding horses. It notes credit limits seven percent with seven year minimum useful life, rules on trade ins recapture and one year timing, plus end of life recapture rules.
TSU economist notes exports are expected to rise in 1973-74 due to higher prices and expanded trade with Russia and China. Despite 1974 crop gains, world grain shortages and devaluation may limit demand, with a forecast near 19 billion dollars. Inflationary pressures and BP deficits complicate the outlook.
From the 6th District Iowa, Congressman Wiley Mayne recounts his US delegation role at the 1924 Rome international conference on hunger and food security. He notes debates over aid vs development, calls for international cooperation, and views on a worldwide grain reserve and reliance on private stocks.
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