Penn State Educates
in parts of the state. And federal
funding for further thrips research
has stopped.
McCormick said the research
results will be spread through
various journals, video confer
ences. and reports at meetings.
Dale Jeffrey, West Salisbury,
operates Wagner’s Sugar Camp.
His great-grandfather started the
camp which makes Jeffrey,
through his mother, the fourth
generation to run it
In the early days, renowned art
ist Tom Shenk painted the Wagner
Camp which for years has been re
produced op hundreds of thou
sands of maple syrup containers.
Northeastern Farm Credit
Reports Profitable Quarter
LEWISBURG attributed to the increase
(Union Co.) Profit- in total loans outstand
able operations and ing.
signs of a stabilizing re
gional agricultural eco
nomy appeared in first
quarter financial results
released by Northeast
ern Farm Credit, ACA.
First quarter 1993 net
earnings of $553,000
were consistent with the
same period in 1992,
with $l9O million in
loans outstanding.
Robert T. Reich, pre
sident of Northeastern
Farm Credit, ACA, said,
“Most farmers in the re
gion continue to exhibit
financial stability and
progress that begn in
mid-1992 after experi
encing severe stress
caused by the drought
and weak milk prices of
1991 ”
(Continued from Page C 9)
by a maple tree, as well as its sug
ar content, according to regular
analyses of sap taken from affect
ed trees.
McCormick said the presence
of the insects can have a long-term
effect on maple trees through de
foliation and loss of sugar produc
tion.
This serious problem is evident
in that the sugar maple has had, in
the last 10 years, the least growing
stock caused *by defoliation and
death, according to McCormick.
He warned that there is very little
regeneration of this precious tree
Farm Credit’s loan
portfolio has reflected
the stability and pro
gress experienced by
borrowers with a de
crease in adversely clas
sified loans since the
middle of last year,
Reich explained. “For
the first quarter 1993,
our adversely classified
loans as a percentage of
total loans has decreas
ed almost 13 percent
compared to the same
quarter of last year,”
Reich said.
Contributing to net
earnings for the first
quarter of 1993 was a re
duction in the provision
for losses. Northeastern
posted a reversal of
$9,000 this year, down
from a $61,000 provi
sion for the same quarter
of 1992, reflecting a
positive trend in the load
portfolio. Reich said
that the $70,000 reduc
tion in provision for
loan losses for the first
quarter 1993, as com
pared to the same time
last year, reflected the
improvement in the lo
cal agricultural eco
nomy and the financial
condition of its borrow
ers. He also noted that
northeastern Pennsylva
nia’s farmers continue
to improve their farm
management skills, thus
developing more effi
cient operations.
Net interest income
for the quarter was
$1,304,000, an increase
of 79,000 from the first
quarter of last year. The
advance was primarily
Lawmakers On Benefits Of Ag
In the poignant scene his late Aunt
Leona is pictured working.
The group, following the lunch
eon presentations, went to the
Wagner Camp where on-site pear
thrip research was documented.
Despite its tiny size, the damage
inflicted to leaf buds by the pear
thrip is highly visible in the open
ed leaves. They are full of holes.
Sugar maple trees at the Wagner
site confirmed the seriousness of
the problem.
Jeffrey, who travels extensively
in behalf of promoting the Somer
set County and Pennsylvania ma
ple industry, once expressed his
concern about the lack of new
comers into the industry whose
ages are 20 and higher. Coupled
with the decreasing regeneration
of sugar maples, and the advanc
ing ages of the best county pro
duccrs/promoters, he’s looking at
all angles to improve the situation.
He said he urges youngsters to
take responsibility for planting a
sugar maple tree now so that be
fore they die they will see it as a
healthy, productive tree.
Additionally, the county maple
industry has a very high impact on
tourism, which ranks second
right behind agriculture as the
leading county industries.
A sweet tree plantation at the
Wagner site was also viewed by
the group. Penn State is involved
in monitoring the saplings that
were produced by the USDA For
est Service project to develop a
source of improved sugar maple
seedlings.
Officials also observed how an
underground water cooling sys
tem is used to divert stream water
before it passes through the trout
nursery. Penn State know-how
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was involved in designing the pro
ject that is supposed to reduce pro
duction costs, disease problems,
and fish mortality.
The final afternoon tour was to
the Snyder potato chip operation
located in Berlin. Erie Lowe, a
project associate studying Penn
State agricultural engineering, dis
cussed utilization of waste pota
toes and other food processing re
siduals.
He said that potato waste looks
promising as animal feed and
composting material, especially
when dried.
Other persons attending the
event were 69th District State
Representative William R. Lloyd,
Somerset County commissioners
David Mankamyer and Robert
Will, and Harold R. Ott, central
region director of the cooperative
extension.
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