Lancaster farming. (Lancaster, Pa., etc.) 1955-current, February 11, 1984, Image 132

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    D4—Lancaster Farming, Saturday, February 11,1984
Simbrah enthusiasm
BOZEMAN, Mt. Among the
newest breeds on the beef cattle
scene, Simbrah cattle have ex
ceeded all expectations in terms of
general acceptance and demand,
according to figures released
recently by the American Sim
mental Assocation, which main
tains the Simbrah Herdbook
registry.
“We now have issued more than
16,000 registration certificates for
Simbrah animals,” said ASA
Executive Vice President, Earl B.
Peterson. “When you consider that
the registry began in 1977, that’s a
significant figure. Breeder
response to Simbrah has been very
encouraging.”
During 1983, 4,275 registrations
occurred, pushing Simbrah
numbers to 15,278 at year end.
“We’re finding great demand for
Simbran breeding animals, not
only from the warmer climates,
but from other parts of the coun-
Limousin bull tops sale
DENVER, Co. Seven
Limousin bulls averaged $1,764 at
an all-breed commercial bull sale,
held Jan. 18 in conjunction with the
National Western Stock Show in
Denver. A total of 47 range bulls
sold in the sale for an all-breed
average of $944.
High-selling lot of the day was a
two-year-old Limousin bull con
[Mß=if==iraauigsii=aJß=Jg
FRANK A.
FILLIPPO. INC.
DISABLED &
CRIPPLED COWS.
BULLS & STEERS
Competitive Prices
Slaughtered under
ent inspection
runs high
try”, Peterson explained. “States
such as Washington, Oregon,
Missouri, Kansas, Kentucky,
Virginia, Oklahoma, California
and Arkansas have sizeable
numbers of Simbrah breeders and
cattle.”
The breed, which combines the
genetics of the world’s two most
populous breec|s, Simmental and
Brahman, is also gaining ac
ceptance in other parts of the
world. Several Latin American
countries, plus Australia, New
Zealand, and South Africa among
others, now recognize Simbrah.
Purebred Simbrah consist of 5/8
Simmental breeding and 3/8
Brahman.
Information about Simbrah
cattle or al ist of Simbrah
producers, may be obtained from
the American Simmental
Association, One Simmental Way,
Bozeman, Mont. 59715.
signed by Leonard Wulf & Sons,
Morris, Minn. Bernard Neill,
Springfield, Colo., paid $2,100 for
the 7/8 bull that had an 84-pound
birth weight and a yearling weight
of 1,026 pounds.
Breeds represented in the sale
were Charolais, Chianina,
Limousin, Pinzgauer, Shorthorn
andSimmental.
WANTED
Paid
Call:
k Fillippo -
e- 215-666-0725
lor - 717-367-3824
-717-786-7229
Crockett’s Ag Advice
■tT (M By John E. Brockett
■ Farm Management Agent
Lewistown Extension Office
Capital gains and losses can be
long term or short term. Long term
capital gains have a decided ad
vantage for tax purposes. First
thev are not subject to the social
security tax or local earned in
come tax. Second only 40 percent
of the gain is taxable by the
Federal income tax rules. Ex
ception; this last statement is not
100% true - long term capital gains
may be subject to the alternative
minimum tax if they are high
enough or you have enough in
vestment credit to cover most or
all of your tax liability. Even with
this tax, the maximum Federal tax
on longterm capital gains is 20
percent.
Farmers should learn to know
which of their sales may be eligible
for long term capital gains
treatment. All raised dairy and
beef breeding cattle and draft or
breeding horses over two years old
are eligible. Other eligible items
are other dairy or feeding
livestock, timber, land, and most
buildings owned over one year.
Purchased dairy or breeding
livestock may be eligible for long
term capital gain treatment if it
sells for more than it costs, (part of
the gain may be treated as or
dinary income).
While short term gains are not as
good as long term gains in saving
taxes in relation to income, they do
■Diamond Systems 1
Modified Stair-Step
Cage Layer Systems
69*«
(1772 cm)
6
(15 2 cm)
For Egg Packing
You Can Bank On Us.
Diamond Automation's
FARMPACKERS
are... Kggscellent!
jjjH
K 9 mm
wS* W
have some savings. There is no
social security tax or local earned
income tax on short term capital
gains. What items might be
eligible for short term gains? All of
the above items owned less than
the required time. Conceivably
this could include dairy heifers
under two years of age.
Tax advantages of capital losses
are the reverse of gains. Only 50%
of long term losses are deductible
Hog trucks can carry Al
NEWARK, Del. - Farm trucks
and trailers hauling Delmarva
feeder pigs to public stockyards in
Pennsylvania could be the means
of introducing avian influenza
virus onto the peninsula, warns
University of Delaware extension
poultry specialist George
Chaloupka. Both drivers and their
vehicles pose a very definite
threat, he says, unless they take
preventive action.
Chaloupka and Delaware state
veterinarian Dr. H. Wesley Towers
recommend anyone hauling swine
into the Pennsylvania AI
quarantine area follow these
procedures.
Wear protective footwear (either
disposable plastic or easily
cleaned rubber boots). These are a
FARMER BOY AG, INC.
Distributor For
DIAMOND
POULTRY SYSTEMS
2- and 3-High
(195 6 cm)
System
SOS
16 (40 6 cm)
63
(160 cm)
Farmington, Michigan
New 4-5-6- High Stacked
Layer Cage Systems
Hie Best
Equipment
for converting
old poultry
houses to
maximum
density
Exclusive
Contour
Cage
gives
birds
more
New
Diamond Systems
3-High Starter-Grower
SALES & SERVICE
For Buildings And Equipment
IRVIN HORST LARRY HORST
Office (717) 866-7565 Office (717) 866-7565
Home (717) 866-2815 Home (717) 949-3022
FARMER BOY AG.
410 E LINCOLN AVE MYERSTOWN PA 17067 PH 717 866 7565_
BEST IN DESIGN. PRICE AND EXPERIENCE
from regular income while 100% of
short term losses are deductible.
This is where records can be
valuable. Will the sale of a certain
piece of property be a gain or a
loss? If a gain could you save taxes
by holding it for one more month?
If a loss, could you save taxes by
speeding up the sale to make it a
short term loss?
Timber sales can result in both
long term capital gain and or
dinary income (fully taxable).
There also may be depletion
(similar to depreciation) allowed
which would reduce taxable in
come. Farmers with timber for
sale in large amounts should buy
the USDA Agricultural Hapdbook
No. 596 “A Guide To Federal In
come Tax For Timber Owners”.
Or hire a tax adviser who has this
book. ,
must, they say, not only now to
protect Delmarva poultry flocks
from avian influenza, but at all
times in order to avoid introducing
swine diseases into their own
animals.
Discard used bedding and
manure at the stockyard so that
the truck cab and undercarriage of
the truck and trailer can be
thoroughly washed and disinfected
before returning to Delmarva.
“Many hog producers in
Delaware and Eastern Shore
Maryland also grow poultry, or
have neighbors who do,” says
Chaloupka. “Any contact with the
quarantine area in Pennsylvania
should be considered a potential
threat. Everyone should feel they
have a responsibility in keeping
avian influenza out of Delmarva.”
amond Systems*
if
(40 6 cm)
'I «'*' _
(108 cm)
60"
(152 4 cm)
CALL
SWINE & POULTRY SYSTEMS SPECIALISTS
6
(15 2 cm)
'i