Wenger Discusses Development (Continued from Pago 04) three main reasons: it provides financial security for beneficiaries, minimizes taxes, and ensures that matters are handled the way the farmer wishes. The first step is to establish what in individual’s estate comprises, according to Parrott. This involves taking a look at the person’s inven tory of assets. The market value of these assets determines the taxes that will have to be paid. “A personal estate plan begins with a will,” Parrott stated. “The will, first of all, establishes owner ship, which is critical for farm estates.” From here, the individual will develop a gift-tax plan to reduce estate taxes. This is fol lowed by trust planning, if neces sary, and administration planning, which names an executor of the estate and his or her duties. OF BOV A 9 CO A S ***** BILL & DEB HOOVER Let Farmer Boy Ag Design And Build You A Complete Swine System Predicting the future Cattle and hog markets are strong because of USD A informa tion, said H. Louis Moore, Penn State agricultural economics spe cialist. “The cattle industry liqui dated more than we thought and is better off because the cattle are worth more due to the low number of them. I expect this year to be good for beef producers. They will get enough money to cover feed and feeder animal costs and some of their fixed costs.” Hog production is increasing, but not as much as was expected, according to Moore. Therefore far mers are price receptive. Moore expects 1988 to be a fair year for pork producers. “Farmers have done a good job of managing crop production. I expect corn prices to be higher this year over 1987,” Moore added. FARMER BOY AG CONTINUES IT’S TRADITION QUALITY CONSTRUCTION AND EQUIPMENT For Selecting Their New 1400 Barn Located In Tyrone, PA. To Be UNIVERSITY PARK The 1988 Pennsylvania Beef Cattle Conference, “Conception to Car cass; Beef Production for the Small Herd Owner,” formerly known as the Allenbury Confer ence, will be held on Penn State’s University Park campus Feb. 26-27. The conference is co sponsored by Penn State’s Depart ment of Dairy and Animal Science and The Pennsylvania Cattleman’s Association. On Friday afternoon. Dr. Lester Grid, Dr. Clair Engle and Dr. Tom Drake will conduct a hands-on bam skills workshop. The work shop will focus on basic manage ment procedures which include castration, dehorning and vaccina tions. Friday evening, conference Us To Grower And Finisher Head FARMER BOY AG. INC 410 EAST LINCOLN AVE. MYERSTOWN. PA 17067 PH; 717-866-7565 BEST IN DESIGN, PRICE AND EXPERIENCE Beef Cattle Conference Held At Penn State guests can attend a barbecue and enjoy the sound' 'f - live band. Saturday’s highlights include representatives from national retailers and packers who will dis cuss the newest meat and cattle marketing approaches. The Pa. Cattlemen’s Association annual membership meeting and spring banquet will be held Saturday evening. Larry Waterfield, Washington’s editor of the Drov- Design And Build Swine i Poultry Systems Specialists Lancaster Farming Saturday, February 20, 1988-D5 er’s Journal will be the keynote speaker. The conference also offers a ladies’ program, which consists of a tour of historic Boalsburg and a session on beef promotion, which will be hosted by Crystal Schaffer, the 1987 Cattleman’s Queen. For more information or a bro chure, contact John Comerford in 313 Henning Bldg., University Park, PA. 16802 or telephone (814) 863-3661.
Significant historical Pennsylvania newspapers