End of dependence on city lenders farmers own their credit banks
American farmers will fully own the $12 billion credit system within months, paying off government capital and completing the farmer ownership of the credit banks. The move ends dependence on big city lenders and expands farm-backed financing as loans fund one-fifth of farm and cooperative credit. John A. Schnittker argues global feeding capacity remains strong despite population growth and cites potential gains if world prices rise modestly.
MENTIONED IN THIS ARTICLE
R. B. Tootell
Farm Credit Administration
Congress
Federal Land Banks
Pal
John A. Schnittker
Schnittker
Asia
America’s
Illinois Corn Prices Rise From Harvest Low Point
Illinois corn prices have advanced 15 to 20 cents from harvest lows while spot and futures quotes gain about 15 cents. Cash prices to farmers for September delivery were about 20 cents higher than earlier offers. Victor Smith, Williamson County farm adviser, linked rises to yields per acre falling short of expectations and strong export demand.
MENTIONED IN THIS ARTICLE
Victor Smith
Williamson County
Smith
Illinois
Nebraska
1967 Farm Rent Drops Across Illinois Says Reiss
University of Illinois economist F J Reiss reports farm rent per acre fell from 1 to 4 dollars in 1967 due to lower returns from farm labor and management. He notes rents can adjust yearly under cash leases by price indexes or standing rents in units like bushels and pounds, with shared variable costs to align incentives.
MENTIONED IN THIS ARTICLE
F. J. Reiss
University of Illinois Land
Reiss
White oak increase sought in Illinois
Illinois launches a program to boost white oak supply, second in value to black walnut but lagging in quality and quantity. Landowners may receive financial aid for planting, by contacting a state Conservation Department farm forester to assess site suitability. Plantings must be 500 to 50,000 seedlings per farm.
MENTIONED IN THIS ARTICLE
State Conservation Department
Farm Income Tax Meeting Set For Tuesday
A Jackson County Extension Service led session will explain changes in tax laws and year end income management for farmers. Don Doerr will discuss leveling income by timing purchases and sales before December 31 to affect the current year. Robert Frank warns the action must occur before year end.
MENTIONED IN THIS ARTICLE
Farm Bureau
Hansen St
Murphysboro
Jackson County Extension Service
Don Doerr
Area Extension Agriculture
Doerr
Jackson County
Robert Frank
Hog price outlook hints at price drop and production rise
Farm economist L H Simert of the University of Illinois predicts hog prices will fall next year as profits end a four and a half year run of gains. He cites seasonal and cyclical patterns, high late-year market receipts, and ample supplies of poultry and beef as pressure factors.
MENTIONED IN THIS ARTICLE
L. H. Simert
University of Illinois
Simert
Simerl
Tlinois Farmers’ Outlook
Also Mentioned on This Page
C. Yates McDaniel
Associated Press
Washington
Tions
New Farm
Tulip
SWEET
Hiway
Hanley
Carbondale
Eiraey A
Bowman Tire Mart
B. F. Goodrich Silvertown
Bowman
ACT
B. F. Goodrich
BFG
Silvertown
Marion, I
B.E Goodrich
Ken Ten
Angus Farm
Union City
Tenn
Hwy
Ky. Tenn
State Line Road
Parnell Garrigan
Jordan
Floyd Dievert
Danville
Radicear
Marion
Harrisburg
Royal Motor Lodge
Chester
C. Ivan Owens
Cape Girardeau, MO
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!