Top Pennsylvania
ROLLING SPRING EARN
MITCHELL DAIRY
DICK-MAR FARMS
LARRY E TAYLOR
GAYLORD R WAGNER
PAUL E RUNNINGER
DAVID YARNELL
MAYNE DEETER ( SONS
MINERAL RIDGE FARM
JOE MC COY
WARREN THOMAS
SUNSET FARMS
HAROLD V RIDDLE
ELAINE M EIDFKTTIFR
NAME
FOGGY MEADORS FARM
MAPLE PLACE FARM
DOOG+DIANB EASTINGS
RONALD HUNTER
TRIM STATES FARM INC
FLOYD BEARDSLEY
BROCE fcSUZIE LINDELL
DENNIS LINDELL
RAYMOND LARSON
BARRY VAN ORD
GLA DON FARMS
JEFF LINDELL
GARY STODDARD
HI LAND VO FARM
POVERTY HILL FARM
RANKIN FARM
HAMILTON BROS
MORGAN GLO FARM
GAPEMBROS
OBRIEN FARM
RANKIN FARM
TURNER FARMS INC
JOHN H SCOTT
LINN F HAMILTON
MILLERVALE FARM
BEDRARSKI FARMS
JOHN & J E MARCHEZAK
AIRYHDRST FARM
N KERN A N REX SMITH
EEVIN BURLEIGH
GARY FIELDING
RICHFIEU) FARMS
HIGHLAND FARMS
JAKES SLOCIM
ALLAH SCHNAKENBERG
AGCO, Massey Fergusion Announce Joint Distribution
ATLANTA. Ga. AGCO
Coiporation (NASDAQ-AGCO)
and Massey Ferguson announced
the signing of agreements which
will appoint AGCO as the exclu
sive distributor of farm equipment
'n North America for Massey Fer
guson, a unit of Varity Corpora
tion (NYSE-VAT).
At the same time, AGCO and
Varity announced that they had
also formed a joint venture to
acquire substantially all the net
assets of Agricredit Acceptance
Corporation, a diversified North
American equipment finance
company now owned by Varity.
Through the joint venture, AGCO
and Varity will each hold a 50 per
cent interest in Agricredit.
Upon appointment as Massey
Ferguson’s North American dis
tributor, AGCO will acquire sub
stantially all of the net assets, pri-
(Continued from Pago C 4)
VENANGO
MILK 3
LBS X
23032 0
20965 0
21678 0
19248 0
20036 0
19658 0
17688 0
16580 0
16418 0
14458 0
14611 0
14814 0
12338 0
2259 0
WARREN
MILK ]
LBS X
24230 1
22569 0
22089 0
21714 0
21484 1
21358 0
20546 0
20609 0
21167 1
20461 0
20197 0
20298 0
19731 0
19564 1
18740 ' 0
WASHINGTON
NO CONS MILK
IN MILK LBS
21.2 24310
105.9 22207
55.8 21714
92.2 20773
40.2 21407
34.0 17165
26.9 20531
82.7 19755
71.3 20108
63.0 20476
70.3 20249
85.4 19497
46.3 19444
53.7 18422
WAYNE
NIK 3
IBS X
22379 0
22969 0
22297 0
21682 0
19883 0
20123 0
NO CONS
IH MILK
44.5
35.4
85.0
66.7
22.2
60.3
marily dealer accounts receivable
and inventories, of Massey Fergu
son’s North American operations.
Together with the Agricredit inter
est, the total investment by AGCO
is estimated at $llO million and
will be financed through an
expansion of AGCO’s current
revolving credit facility with ITT
Commercial Finance.
R J, Ratliff, president and chief
executive officer of AGCO, com
mented on the significance of the
ransactions.
“As a result of these actions,
M3CO and Massey Ferguson
rave created a strong alliance to
enhance the presence of Massey
■ -erguson products in North
America, and ensure the distribu
ion, sales support and financial
assistance requited by dealers and
customers in this very competitive
marketplace.” he said. “Moreover,
DHIA Herds By County For December
FRO
PCT
3.2
3.2
this is a key step forward in
addressing the AGCO strategy of
distributing farm equipment under
various brand names in’ as effec
tive a manner as possible.”
Victor Rice, chairman and chief
executive officer of Varity, also
underscored the importance of the
Wool Producers Should File Receipts
LANCASTER (Lancaster
Co.) —The Lancaster County
Agricultural Stabilization and
Conservation Service (ASCS)
reminds wool producers to file
their 1992 sales receipts by Janu
ary 31 so that the documents can
be used in determining the nation
al average market price.
Although the deadline for filing
receipts to qualify for a 1992 price
support payment is March 1,
RONALD J MAYESKI B 8
SUNRISE+AVE FARM B 3
JERICHO DAIRY 3
CAE SHEPSTONE B 3
JACK AND ELLA CHYLE B 3
RONE BROS 3
AL MAR FARM *B3
TRI J HOLSTEINf D 1
NAME
HARRY R MARKER
ADAH S k JANICE DERR
JANES E HC QUAIDE
CATALINA DAIRY
HILLIAN BDTTERHORE
JOHN k ROBERT GRAHAH
OVERLEA EARNS
KEITH C HALTERS
KATHYULVIN VANCE JR
RICHARD G STONER
ROBERT H FINK JR
HOWARD H BRANTHOVER
HARYANKA BROTHERS
JANES DROGH
RICHARD LOVE
DA VUE HOLSTEIHS
HAYHE-ROGER SHERWOOD
RICHARD PLACE
ROGER S WILLIAMS
SHUPPS PARK
JOHN CHRIST
TOM SANDS
R + H KUZMA FARM
INSIHGA HOLSTEIHS
WILLYE HOLSTEIHS
ARROWHEAD PARK
DOOLITTLE HILL PARKS
PEARLSTREET
THO6ETHER FARM
FOSTER L CONSTABLE
. NAME
LYKH WOLF
SMYSERS RICHLANN FHS
H S I R E FETRCH
THOMS A BOYER
BESHORE FARMS
LEONARD GREEK
mi LE HOLSTEIMS
RAMSEY S COOPER JR
SINKING SPRING FNINC
HAYNB E MYERS
FURNACE CREEK FARM
KELVIN R LEHR
EDWIN L CAIKODN
R R 4 N R STEWART
ROTTER#
alliance between AGCO and Mas
sey Ferguson. “These moves
strengthen Masse Ferguson’s pre
sence in North America while
allowing it to reduce its asset
levels,” he said. The proceeds
received by Varity will be about
$llO million and will be used to
reduce debt. Rice also noted that
ASCS encourages wool producers
to file in January because USDA’s
National Agricultural Statistics
Service needs the data in February
to compute wool market prices.
“Since national average market
prices are the basis for wool pay
ment rates, producers are urged to
submit their sales documents to us
at least by the end of January,”
said Ray Brubaker, county execu
tive director.
Lancaster Farming, Saturday, January 30, 1993-C5
WESTMORELAND
I NILK 3 FAT
(LBS X LBS
22440 0 808
22480 I 817
21239 0 864
21446 0 770
21943 0 721
21087 0 736
19670 0 671
20856 0 829
19282 0 779
18901 0 701
18481 0 689
18676 0 693
18502 0 752
17541 0 669
16977 0 665
WYOMING
HLK 3
LBS X
24662 0
22315 0
20441 0
18915 0
19088 0
19381 0
19601 0
19544 0
18944 0
19024 0
17636 0
18002 0
18003 0
17136 1
16656 0
YORK
the transaction represented a sig
nificant step in Varity’s previous
ly announced asset divestment
program.
Ratliff stated he will propose
that an officer of Massey Fergu
son be named to the board of
directors of AGCO Corporation.
He reminds producers that
“actively engaged in farming” and
“person determinations” must be
made to be eligible for a payment
Wool producers are also required
to certify that they are in com
pliance with highly erodible land
conservation provisions.
“We encourage producers to
bring in their sales receipts as soon
as possible,” Brubaker said.
651 3.3
649 3.3
643 3.2
636 3.2
634 3.3
632 3.2
622 3.2
620 3.2
PRO PRO
LBS PCT
723 3.2
716 3.2
679 3.2
672 3.1
668 3.0
656 3.1
643 3.3
642 3.1
627 3.2
588 3.1
582 3.1
580 3.1
572 3.1
567 3.2
542 3.2
PRO PRO
LBS PCT '
791 3.2
722 3.2
660 3.2 •
650 3.4
628 3.3
628 3.2
623 3.2
622 3.2
621 3.3
613 3.2
576 3.3
575 3.2
574 3,2
563 3.3
546 3.3
PRO PRO
LBS PCT
790 3.2
783 3.1
755 3.2
748 3.2
742 3.2
737 3.2
722 3.2
715 3.0
710 3.1
704 3.2
703 3.2
693 3.1
682 3.1
681 3.1
672 3.2