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This national news summary is provided by ACRES, a
copyrighted information service developed by the
American Farm Bureau and available to Pennsylvania
farmers on a daily basis through the Pennsylvania
Farmers’ Association Farm Management
“v. Services. For more information
—v. call (717) 761-2740
TRADE DISPUTE STILL
UNRESOLVED - U.S. and EEC
trade ministers met through the
weekend without reaching an
agreement that would head off an
impending trade war. Japuary 30,
1987 is the deadline set by
President Reagan for the EEC to
reduce import restrictions on U.S.
agricultural commodities to offset
losses to American farmers
because of tariffs imposed on feed
grains when Spain and Portugal
became members of the European
Common Market. The EEC has
been stubborn about promised
compensation, offering much
lower compensatory measures,
some of which involved industrial
products instead of agricultural
commodities. Hie U.S. will impose
200 percent tariffs on specified
European products Jan. 30 if a
satisfactory solution is not found
this week.
Officials fear that escalation of
the dispute will heighten
congressional pressure for
protectionist legislation which can
do more harm than good in the long
run, especially for agriculture.
American Farm Bureau president
Dean Kleckner said Friday, “If we
attempt to reduce or eliminate the
trade deficit simply by introducing
import restrictions, whether
across the board or product
specific, we will ultimately make
matters worse for our economy
and the world economy.”
In a letter to Texas Sen. Lloyd
Bentsen, chairman of the Senate
Finance Committee, Kleckner
called for Congress to strike at the
root causes such as unfair trade
practices, the huge U.S. budget
deficit, reduced competitiveness of
U.S. commodities and sluggish
foreign economic growth.
WHO DECIDES WHICH IS
WHICH Non-essential federal
government employees were
advised not to go to work today
because of a crippling snowstorm
affecting the Washington, D.C.
area. What a quandry for some of
them left to their own judgment to
decide whether to come to the
office or consider themselves non
essential. Next question how
much does national productivity
suffer when government offices
remain unmanned?
NEW WITHHOLDING
FORMS HAVE IRS ON
DEFENSIVE Those taxpayers
who have not yet tackled their new
W-4 withholding forms may be
rewarded for their patience. The
IRS is rethinking the whole thing
after their boss, Treasury
Secretary James Baker, admitted
last week that the forms should be
simpler. With lower tax rates and
higher personal exemption rates,
tax withheld should go down and
take-home pay should be higher,
but the new worksheet, which has
proved to be too complicated,
required people with non-wage
income to establish estimates that
would allow withholding to cover
taxes due on such amounts. The
chance of error is all the more
fearsome because of the penalty
clause in the new law for claiming
too many allowances causing
employers to deduct less than
enough to cover 90 percent of total
tax liability.
WORLD WIDE *1 f L
AND \J ]_S
NATIONAL FARM WATCH
Taxpayers will have to estimate
their deductions and other ad
justments to wages without benefit
of hindsight, since the tax code is
new, warns Jane Bryant Quinn,
financial columnist.
COCHRANVILLE - Elvin
Rohrer Jr., newly elected director
for Inter-State’s District 11, an
nounced that Atlantic Dairy
Cooperative will join the Regional
Cooperative Marketing Agency.
The Cochranville dairyman
announced Atlantic board of
directors’ decision at the District’s
recent annual meeting. Atlantic is
the new cooperative which will
result when Lehigh Valley Far
mers merge with Inter-State on
Feb. 1.
Rohrer, completing the unex
pired term of director Lee Brown,
also recognized to families who
have been a member of Inter-State
for 25 years - David and Linda
Pierce and Edgar Latham and
Sons.
James Barnett, Inter-State’s
manager of member relations,
Chore-Time's new Model2ooofeeder: it
gives you features of the future—NOW
Imagine a feeder: (1) that’s rustproof and gives you all the advantages of Chore-Time’s famous Model C-plus
even more features...(2) that automatically opens when it’s lowered to the floor, so it fills the pan with feed
-to attract chicks from day 0ne...(3) that, when raised off the floor, adjusts itself to low feed level, saving feed as
you finish out the birds.
Chore-Time imagined it...then designed it...and tested it extensively. And now pouhrymen are flocking to it
because of all the advantages it offers them. The 2000 feeder-we have it now. And you can get it-for new
installations or for remodeling-and start reaping its benefits.
COMPLETE SYSTEMS, EQUIPMENT, SALES, INSTALLATION,
SERVICE FOR CATTLE, HOGS AND POULTRY
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Chore-Time Distributor L ———l—^l
—l AGRIMEQUIPIVIENT.mc.I
STORE HOURS: * . > J
Mon.-Fri. 7:30-6:00
Sat. 7:30-11:30 RD 4, East Farmersville Rd., Ephrata, PA 17522
(Parts Only) (Lancaster County)
(717) 354-6520
Atlantic Announces
RCMA Membership Plans
reported that on Jan. 1 the support
price dropped from $11.60 to $11.35.
Also, the buyout assessment
dropped from 40 cents to 25 cents
on Jan. 1. On Oct. 1 the support
price is scheduled for a reduction
from $11.35 to $ll.lO in accordance
with the 1965 Farm Bill. At this
time the buyout assessment will
stop.
'Die results of the election of
officers for the Cochranville local
are: Kenneth M. Umble,
president; Dale R. Hostetter, vice
president; Harry L. Troop,
LANCASTER FARMING
FOR COMPLETE
AND UP-TO-DATE
MARKET REPORTS
secretary-treasurer; Harry L.
Troop and Terry L. Stauffer,
delegates; and David R. Bertram
and Richard Buckwalter, alternate
delegates.
In the Oxford local elections Roy
N. Bender was elected president.
Also elected were: Jordon
Reybum, vice president; Hoopes
T. Yamal], secretary-treasurer;
William W. Sbeperd and Hoopes T.
Yamall, delegates; and David
Delp and Kevin Stahlnecker,
alternate delegates.
READ