Al2-Umcaster Farming, Saturday, June 29,1985
Grain exec, says Senate
is eyeing “market loans”
LANCASTER A key executive
in the National Feed and Grain
Association told a gathering of 300
ag industry leaders here Monday
that the Senate has also accepted
the marketing loan concept
recently adopted by a House
subcomittee.
“There appears to be momen
tum in the Senate for the
‘marketing loan’ concept,” said
Kendell Keith, vice president and
secretary-treasurer of the grain
industry group. “But exactly what
this marketing loans concept is has
yet to be defined by the Senate.
A House subcommittee has
already endorsed the concept, he
added, and a number of groups,
including growers and cooperative
association, are strongly in favor.
Specific areas of potential
disagreement, he noted, include
restrictions on total loans made to
individual producers and
provisions to make the loans
recourse or non-recourse.
The House version, he said, has
endorsed the plan outlined by Rep.
Arlan Strangeland of Minnesota. It
includes the following provisions:
• Loans will be set at current
levels ($3.30 for wheat and $2.55 for
com), with five-percent reductions
permitted annually.
• Loans will be made on the full
amount of production, but will be
fully recourse, or paid back at the
original level or the market price,
whichever is lower.
• Target prices will be set at
$4.75 for wheat and $3.25 for com.
• Target price deficiency
payments would be made on 50
percent of production base, up to a
limit of $50,000 per producer.
The main attractiveness of the
proposal, Keith sad, is that it
“ensures that gran will come to
market rather thin end up in
government stocks”
It would also nimmize over
SUMMER SALE
On New 1986
GRAIN HOPPERS
Got Grain? Then get the trailer that is Timpte
tough... the Super Hopper. It’s not only built to
take it...it’s also built to cut fuel costs. The Super
Hopper is lightweight and aerodynamically
designed to reduce wind drag. When there’s
grain to be hauled, Timpte does the haulin’ best
and pulls a lot easier than the rest.
M.H. EBY, INC.
P.0.80x 127 Blue Ball, PA 17506
(717) 354-4971
production problems, he added, in
that “producers would not be
required to plant more than 50
percent of production base in order
to receive full deficiency
payments.
The subcommittee, he added, is
also considering optional man
datory programs that would
permit producers to vote on a
referendum to approve marketing
and production quotas.
“With congressional elections
coming up next year, the House
would very much like to put the
land decisions on policy back into
the farmer’s lap,” Keith said.
Congressional action on the
Farm Bill, he added, will also be
strongly influenced by the success
of the new “export enhancement
program” now being implemented
by USDA.
Three problems have already
developed from the program, he
said:
• Availability of the surplus
crops may simply make prices go
lower.
• Competing exporters may
simply go to other markets
traditionally served by the U.S.
• Other major markets, like the
Soviet Union, may want similar
concessions.
In addition, he added, the $2
billion allocated to the program is
“clearly not enough.”
"Also is the problem of program
implementation,” he said. "Some
believe that it will be very difficult
to administer and create all sorts
of international trade tensions
PITTSBURGH, Pa - Rural
development officials have
stopped “chasing smokestacks”
and started encouraging local
entrepreneurship with very
positive results, the federal
government’s rural development
policy director said today.
Willard “Bill” Phillips Jr., told
the National Association of
Regional Councils meeting here
that this trend toward “home
grown enterprise” is generating
“genuine economic progress, not
just economic piracy.”
“Moving a plant from one place
to another-chasing smokestacks
helps one community, hurts
another, and profits the overall
economy not at all,” Phillips said.
“Creating new products, new
businesses, whole new industries
from the resources in your own
back yard is the way to true
progress and the wave of the future
in economic development.”
“Through technology transfer
grants, enterprise zones, venture
I'M NOT
L10N...
The Classified
Livestock
Section
Has Beastly
Selections!
'■*
♦
i»
4
■J
v*
4
\X
i
f
4
-!
■ *
‘4
♦
>•
' *
*
>:
>:
*
[»
♦
.♦
*
♦
i •
*
t
, •
I With our liquid blending plant we can offer a custom mixed liquid
; fertilizer for your specific crop need.
• We can apply herbicide
and insecticide on
one application
*<«*•««»***
‘Chasing smokestacks 9
is not economic progress
capital expansion, high technology
corridors and creative tax in
centives, local and state govern
ments are becoming more en
trepreneurial and innovative than
ever before,” he said, citing as
evidence Pennsylvania’s Ben
Franklin Partnership Program
which has attracted $ll5 million in
high technology investments in the
past two years.
Phillips also cited the Main
Street community revitalization
program now operating in 14
states, the “business incubator”
program which reduces start-up
costs and provides management
assistance for businesses, and
“retention and expansion”
| Tractor |
& Pull MM 8
| Tally
Back Tractor Palls
Jane 22,1985
5 mod
1. Jeff Frantz, Windsor, Pa. 427
chevy, F.P.; 2. Craig Lukenhill,
Schuylkill Haven, Pa., 286.6 ; 3.
Garry Mills Fallston, Md. turbine,
264.3.
1. Howard Lewis, New
Carralton, Md. 73 chevy, 278.7 ; 2.
Ed Hanslovan, Morrisdale, Pa. 427
chevy, 275.10; 3. Dan Fellenbaum,
Lititz, Pa. 69 chevy, 274.1.
1. Robert Wittenbrader, Lake
Liquid fertilizer is more •
immediately available
to your crop
2020 Horse Shoe Rd., Lancaster, PA
Ph 717-397-0035
584WD
7 mod
: tf **•***•****«*»*«*»«** «.«**«•*•««•••••••••****«*»*«*»<*
Find Out How Competitive
Our Fertilizer Prices Can Be
programs in which local com
panies are “cherished and
nourished, not ignored and star
ved.”
All of these programs, Phillips
said, are examples of the
“flexibility, dynamism and in
novation which characterize rural
development today and which are
yielding very positive results.”
Regional authorities can help
provide the “missing link of
coordination” in these efforts, he
said. “Far from outliving your
usefulness, perhaps it was not until
today that your greatest op.
port unity for service presented
itself," Phillips told the regional
officials.
Arich, Pa. Allison, F.P./272.2 ; 2.
Jeff Frantz, Windsor, Pa. 427
chevy, F.P./264.1; 3. Gary Mills,
Fallston, Md. turbine, F.P./247.9.
624WD
1. Howard Lewis, New
Corralton, Md. 73 chevy, 299.0 ; 2.
Dan Fellenbaum, Lititz, Pa. 69
chevy, 292.2 ; 3. Ed Hanslovan,
Momsdale, Pa. 427 chevy, 291.9.
9 open
1. Earl Howard, Taneytown, Md.
Allison, 284.4 ; 2. Robert Brown,
Hanover, Pa. Detroit, 275.9; 3.
Earl Henderson, Baldwin, Md
Packard, 238.5.
»%
Liquid fertilizer is applied
more evenly and does
not segregate
LIQUID
FERTILIZER