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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 20, 1986
Page
5
NORML leader cites marijuana as the top U.S. cash crop worth 15 to 18 billion dollars while a soybeans study on aphrodisiac effects triggers market shock. The president embargoes soybeans for foreign ports amid surging domestic demand as tofu schemes and wild futures add fuel to the frenzy.
Ohio State University economist Dennis R. Henderson says the 1986 farm bill moves toward market oriented price supports for corn, wheat and soybeans, with lower loan rates and frozen target prices. Deficiency payments and mandatory acreage reductions shape participation while soybean supports retain no target prices.
Washington AP A senior Agriculture official said the Farmers Home Administration has no plan to deny operating loans to farmers who grow surplus crops but a formal regulation may authorize denying loans to producers of commodities already in surplus such as wheat corn and dairy The move would replace prior practice of limiting new or expanded dairy loans while maintaining loans for other grains and crops and aims to fit policy with surplus management while cautions that no action against grains or others is intended
Soybean producers and others are invited to a Soybean Fertility Clinic at the Huron County Administration Building. Registration begins at 9:30 a.m. with a $1 fee. a $5 option covers the new agronomy guide. The event includes lectures by OSU agronomists, live on ABN satellite, and a lunch hosted by local farm wives.
A Norwalk program sponsored by the Erie and Huron County Cooperative Extension offices begins Jan. 30 to aid farm families in communication and decision making. Twenty six families will be enrolled. a $75 fee for one member and $35 for each additional participant funds materials and computer analysis.
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