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UHSTDCK
SALE
KID JUU
With the Grand Champion Bradford County 4-H Lamb at
Troy Fair are owner Richard Powell and buyer Roger Hickok,
representing Marx Brothers of Shrewsbury, N. J.
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Farm credit crisis needs attention
STARKVILLE, Miss. -
President Reagan should appoint a
special commission on
agricultural credit to address the
widening financial crisis in the
farming community, according to
a spokesman for the fertilizer
industry.
Lloyd L. Jaquier, executive vice
president of W.R. Grace & Co.,
appearing in his role as chairman
of The Fertilizer Institute, made
his comments during a roundtable
discussion on the 1985 Farm Bill
chaired by Secretary of
Agriculture John Block.
“A special commission or task
force composed of farmers, sup
pliers, and lenders could take an
unbiased look at commercial and
federal credit policies and
problems,” Jaquier said. He called
current credit conditions a “crisis
which increases pressure on farm
suppliers and fertilizer dealers to
provide huge sums of credit for our
financially strapped customers.”
The industry leader said lenders
provide considerable funds to
farmers for crop financing, “but
they expect farmers to repay the
total loan out of one year’s
operating funds.” There is some
indication, he added, that some
lending agencies may be “short
budgeting” farmers providing
less than the required operating
capital which forces fertilizer
companies and other input
businesses to carry the balance.
“Despite that fact that our in
dustry’s product makes a major
contribution to the farmer’s crop,
our retailers are forced to take on
greater credit risks without proper
protection. Regardless of their
financial posture, farmers by the
nature of their profession
represent a credit gamble,”
Jaquier said. When farm failures
do occur, he added, banks are the
first to receive payment while
fertilizer retailers must “stand in
line with all other creditors.”
He said an unbiased task force
examination of these problems
would be a positive step toward
developing sound policies for both
commercial and federal lenders.
“I would encourage the ad
ministration to give the same high
priority to an agricultural credit
task force as the president did for
the Task Force on Social Security.
“The fertilizer industry can no
longer afford to sit idly by and
become the lender of last resort,”
Jaquier added. He said The Fer
tilizer Institute has made farm
credit a top priority, and recently
Special
Discount
Extended
to Sept 1
order before Sept 1 and
take delivery anytime
In 1984.
Lancaster Fanning, Saturday, August 11,1984-Dll
established its own special task
force to recommend association
action on the matter.
More than 30 representatives of
farmers, agribusinesses, lenders,
and government took part in the
day-long discussions, held on the
campus of Mississippi State
University.
NEWARK, DEL. Poultry pro
ducers suffer extensive losses
every year because of chronic
respiratory diseases in both
chickens and turkeys. Many of
these diseases are associated with
the common bacteria E. coli
(Escherichia coli).
John K. Rosenberger, a
microbiologist at the University of
Delaware Agricultural Experi
ment Station, is studying samples
of E. coli found in chickens on the
Delmarva peninsula. He is
characterizing and grouping the
bacteria according to their ability
to produce disease, and their
relative susceptibility to the action
of different antibiotics.
The ultimate goal of this
research is to develop recommen
dations on environmental control,
vaccination and antibiotic
treatments which could be used by
producers to minimize the
economic losses associated with E.
coli infections in commercially
raised poultry.
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REPAIR SHOP Alvin Zook
RD 2 Box 74 RD 4 Box 344
Along 896 S. of Ninepoints Honey Brook, Pa. 19344
Christiana. Pa. 17509
AARON BEILER
RD 1 Vintage Rd.
Paradise. Pa 17562
FISHER ENGINE SERVICE
3141 Old Phila. Pike
Near Intercourse
Btrd-ln-Hand, Pa. 17505
LIMEVILLE SALES
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Limeville Rd. RD 1
Gap. Pa. 17527
717-442-9304 _ ... _
Distributed By:
SHIRK S REPAIR SHOP lEIIER EHGME SERVICE
RD 2 Pool Rd. 2450 Penney Road
Ephrata. Pa. 17522 New Providence, Pa. 17560
717-859-2797 Dealer Inquiries Invited
E. Coii studies
Call The
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Toll Free;
1-800-248-9263
Michigan Res. ;
1-800-292-9233
DAVID FISHER
4109 E. Newport Rd.
Kinzers, Pa. 17535
STOLTZFUS REPAIR SHOP
Star Route-Box3lß
Petersburg, Pa 16872
SAMUEL FISHER
RD 1 Box 173-T
Reservoir Rd.
Strasburg, Pa. 17579