Joint study committee on milk marketing sets initial meeting
HARRISBURG The future of
mandatory wholesale and retail
pricing of milk in Pennsylvania
will be the topic of discussion
during the first meeting of a newly
created joint study committee,
announces Sen. Edward W.
Helfnck, chairman of the Senate
Agriculture and Rural Affair?
Committee. The meeting will take
place in the Mam Capitol Building,
Room 461, at noon on Wednesday,
Feb. 27.
“Late last year, as the General
Assembly was considering Sunset
legislation dealing with the Penn
sylvania Milk Marketing Board
and changes to the State’s Milk
Marketing Law, an ammendment
was offered in the House which
called for an additional study on
resale pricing of milk,” recalls
Helfrick, who sponsored the
original legislation (S.B. 1527).
The Committee has until
December 31, 1985 to report its
findings to the General Assem
bly."
Helfrick points out that Act 243 of
1984 spells out the makeup of this
joint study committee, consisting
of four members representing
consumers, four milk dealers, and
four milk producers. These
members are designated by the
majority and minority leaders of
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the House and Senate. Also serving
are the majority and minority
chairmen of the House and Senate
Agriculture and Rural Affairs
Committees, and a member-at
large appointed by the state’s
Secretary of Agriculture.
An advisory committee, made
up of the chainhan of the Milk
Marketing Board, the dean of Penn
State’s College of Agriculture, and
the dean of the Wharton School of
Business, and thoir respective
Helms calls credit relief measure “substantial assistance 99
WASHINGTON - Senator Jesse
Helms, Chairman of the Com
mittee on Agriculture, Nutrition,
and Forestry, said Secretary
Block’s announcement of credit
relief measures for financially
strapped farmers is “timely and
substantial assistance that will
help farmers obtain funds
necessary for spring planting. ’ ’
“These new guidelines will help
farmers and bankers make more
effective use of the credit
initiatives announced by President
Reagan last year,” said Helms. “It
will also help to alleviate the
substantial backlog of loan ap
plications so that farmers can
obtain necessary credit in a timely
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staffs, will be assisting the Joint
Study Committee in its evaluation
of milk prices.
Members of the Joint Study
Committee and Advisory Com
mittee include: Sen. Edward
Helfrick, chairman, Senate
Agriculture & Rural Affairs
Committee; Sen. Patrick
Stapleton, minority chairman;
Rep. Samuel Morris, chairman,
House Agriculture and Rural
manner.
The measures recently an
nounced modify a credit program
implemented in September by
allowing banks to write down
government guarantee for up to 90
percent of the loan. Banks will still
have the option of obtaining the
guarantee by writing off 10 percent
of the loan principal.
“This plan will call for all sec
tors of the farm financial com
munity, including producers,
commercial bankers, and Federal
financial personnel to cooperate in
an effort to provide timely
operating loans,” said Helms.
“This certinly is not a long-rang
answer to the problems in rural
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An Equal Opportunity Lender
Affairs Committee: Rep. Carmel
Sirianni, minority chairman;
James Sumner, director of the
Bureau of Markets, Dept, of
Agriculture; Daniel Martin,
Manheim, producer, Theodore
Hoover, Patton, producer;
Timothy Merwarth, Easton,
producer; Barbara Robison, Coal
Center, producer; Thomas
Laudenslager, Wawa, milk dealer;
William Schneider, Pittsburgh,
rr>'iir apaW; Norm Rich,
America. It is a temporary
solution for this lending season, but
an effective one.
As our farmers know, these
actions are no substitute for
profits. During consideration of
this year’s farm bill, we must use
that opportunity to make long
overdue changes in the govern
ment credit policy. And, we must
also make necessary changes in
farm policy to ensure that farmers
can earn profits in the market
place and earn increased income
in the future,” Helms concjudgjt
A significant aspect of the relief
measure is a comprehensive
review of agricultural policy
through the establishment of a
> *
*
Lancaster Farming, Saturday, February 16,1M5-Al9
Lewisburg, milk dealer; Richard
Hartman, Reading, milk dealer;
Patricia Long, Lebanon, con
sumer; Dortha Charles, Elizabeth,
consumer; John Lord, Abington,
consumer; Carol Brann,
Lewisburg, consumer, Robert
Derry, chairman, Pa. Milk
Marketing Board; Samuel Smith,
dean, Penn State’s College of
Agriculture; and Russell Palmer,
dean, Wharton School of Business
Farm Credit Coordinating Group.
The group will irifclude the
Secretary of Agriculture, Chair
man of the Federal Deposit In
surance Corporation, Comptroller
of the Currency, and' other
Treasury, USDA, and Farm Credit
Administration officials. They will
be responsible for coordinating the
activities of the various govern
ment and private organizations
involved in agricultural lending in
dealing with current credit
problems. Guarantees for
operating loans will be provided to
producers who have loans with
failed financial institutions.
Agencies with oversight of the
nation’s financial system will
coordinate to ensure that banks
provide reasonable forbearance
with viable producers who may be
experiencing temporary financial
difficulties.
Also, USDA will institute credit
hot lines, ease restrictions in
recruiting members of credit
support teams, and solicit state
government and commercial bank
personnel to aid Farmers Home
Administration personnel in
processing loan applications.
Watch Next Week’s Paper For A
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