Farmers wait on bank loans in Reagan relief program
Across the Midwest farmers await loan guarantees as banks complain of slow processing and harsh judgments while officials say more applications flow in. The program aims to rescue family farms with government guarantees, potential principal forgiveness, and relaxed rules amid a mixed response from lenders.
MENTIONED IN THIS ARTICLE
Janis Connealy
Tekay
Ned
Minnesota
Iowa
Kansas
Nebraska
Farm aid plan prompts banks to share cost with government
Farmers Home Administration officials say the government must cover part of interest rate cuts, with the rush growing. Iowa and Minnesota officials note acceleration, while farm economists say Reagan’s plan won’t protect as many farmers as Congress’ bill. About 10 percent or more of mid-size farmers may be excluded as banks close their books this planting season.
MENTIONED IN THIS ARTICLE
Russ Bjorhus
Minnesota
Farmers Home Administration
FHHA
Agriculture Department
Bob Haegele
Fmha
Iowa
Dagmar Celeste Hosts Ag Day Luncheon At Governor’s Mansion
The Leimbachs publish a book titled Ohio bearing Dagmar Celeste's affectionate autograph To Pat with all my love Dagmar Celeste The governor’s wife hosted a small agricultural luncheon in the mansion solarium. Conversation spanned writing books feminism and Dagmar’s Austrian roots Krems near Vienna. she spoke of women’s issues and a life in politics with warmth and humor.
MENTIONED IN THIS ARTICLE
Dagmar Celeste
Governor's Mansion
Ohio Florists Association
Dagmar
Ohio
Lincoln
Austra
Krems
Austria
Vienna
Danube
Paul
Dagma
Celeste
Livestock outlook brightens amid slow farm price recovery
A Department of Agriculture outlook says prices may stay low through the year, but livestock and poultry prof its could rise as feed costs fall and incomes grow. Despite improved prospects, cattle and hog herds shrink as farmers face cash flow strain and dairy incentives influence cow slaughter. broilers plan 5 to 8 percent output rise in early 1985.
MENTIONED IN THIS ARTICLE
Don Kendall
Washington
Agriculture Department
Department
Economic Research Service
Also Mentioned on This Page
Chronicle-Telegram
Christopher Drew
Chicago Tribune
Midwest
Reagan
Congress
Farm News
Wyoming
Leimbachs
Pat Leimbach
Scheafer
Cheri
Awed Bank Association Af
Ohis-Nevenik
Norwalk
Oho
LaGrange Tractor Sales & Service
N. Center, LaGrange 355
John Deere
DEERE
Freeman Swank Power Equipment
Broad ST
Elyria
Son
Lems
Kipton Elevator Association
P.O. Box
Kipton, Ohio
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