A3K»oc«ter Fanning, Saturday, Fabmary 5,1994 BLUE BALL (Lancaster Co.)—The farm seminar for the Blue Ball National Bank was held in the Ere hall Wednesday. In the aftremoon program Dr. Greg Han son, Penn State, presented practi cal ways to look at bookkeeping and farm records. “It's not so much saving taxes as making money before taxes,” Han son said. “In agiculture you need a long term goal, and the key is to manage farm record information.” Record keeping should be viewed as a long term process that includes the element of education. Education takes time, and the farm manager can grow with the know ledge received from records. Recofds should identify priori ties and rank them, starting with the largest source of income and the largest item of outlay. All out standing bills should be included in the income statement and the balance sheet. Cash flow should be projected in January. The farm operator can leant from how the actual cash flow varies from the projected target. Include labor expenses, both for the hired help and for the owner. A $25,000 figure was sug gested as a starting point for the labor of the owner. “Everything has a cost,” Hanson said. “The val ue of the labor of the owner should managed.” New technologies have created Lebanon County Gets Funds For Water Quality LEBANON (Lebanon Co.) —Funds total ing $46,800 have been made available under the 1994 Agricultural Conservation Program (ACP) to implement conservation manage ment practices in the Tulpehocken Creek Watershed according to Jenifer K. Minnich, county executive director of the Agricultural Stabilization and Conservation Service. ‘The Water Quality Incentive Project (WQIP) provides both technical and financial assistance for producers to change manage ment systems to help solve resource problems associated with agricultural non-point source pollution adversely affecting water quality," Minnich said. The WQIP funds will be used to improve pesticide and nutrient management and reduce excess animal waste application in the Tulpehocken Creek Watershed, she said. To participate, farming operations must be contributing—or have the potential to contri bute through their current management system, agricultural non-point source pollut ants such as agricultural chemicals, animal wastes, or sediments to surface groundwater. “Incentive payments will only be available for management practices,” Minnich said. The Tulpehocken Creek Watershed covers a two county area of about 43,300 acres. The ASCS official said agricultural pro ducers in Lebanon and Berks counties should be alert to this project. “It is a good way to help solve a larger, community-wide problem and the incentive payments give producers a good opportunity to participate.” The United States Department of Agricul ture (USDA) prohibits discrimination in its programs on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, and marital or familial status. (Not all prohibited bases apply to all programs.) Per sons with disabilities who require alternative means for communication of program infor mation (Braille, laige print, audiotape, etc.) should contact the USDA, Office of Commu nica'lons at 202-720-5881 (voice) or 202-720-7808 (TDD). To file a complaint, write the Secretary of Agriculture, U.S. Department of Agriculture, Washington, DC, 20250, or call 202-720-7327 (voice) or 202-720-1127 (TDD). USDA is an equal employment opportunity employer. Bank Farm Seminar Held At the Blue Ball National Bank farm seminar are from left, Norman Hahn, chairman of the board; Jerry Martin, Leon Ressler, Walt Wurster, Louis Moore, and Greg Han son, speakers and Ken Overly, assistant vice president. labor saving situations and is ture. On the positive side, Moore drawing dairymen into expansion, listed interest rates, inflation, food Specialization may shift priorities prices and supplies, even unem lo buy feed rather than raise it ployment and GATT and NAFTA. Liquidity means the abilty to Negative factors include slow pay bills. This needs to be man- growth of the economy, no growth aged all the time. Records should overseas, health care, world unrest not ignore the bad. Records should an( j i ac k 0 f government policy, bc thc hospital for bad managers. “Overall, it lodes like the eco- The final speaker for the day was Louis Moore, Penn State, who presented an outlook for agricul Monday, Feb. 7 & Tuesday, Feb. 8 nomy will grow by three or four percent in 1994," Moore said. “And a good economy is good for LANCASTER FORD TRACTOR 1994 SPOTLIGHT ON VALUE DAYS door prizes SPOTLIGHT r* PREVIEW SEMINAR LANCASTER FORD TRACTOR will hold an introductory seminar on the New Genesis tractor and New Super boom loader SEE - LEARN - DRIVE 1:30 PM until 4:00 PM SAVE ® /fSStsS ® A|Servicb|A tt£ TRACTORS:; y V I SKID LOADERS! V E SAVE E MON. FEBRUAR' 8:00 AM Til 9:00 PM 2 BIG DAYS OF SAVINGS Where Service Does Not Stop At A Sales Promise agriculture. All in all, it looks like a better year for farmers.” In other topics, Leon Ressler, environmental Lancaster County agent, and Jerry Martin, Pequea Mill-Creek Project, talked about Pennsylvania nutrient manage ment legislation, and Walt Wur stcr, Chester County dairy agent, talked about how to use pasture to increase profits. Two-hundred farmers attended. NEW GENESIS" TRACTOR ASTER FORD TRACTOR 1655 Rohrerstown Rd. Rt, 741 LANCASTER, PA 17601 717-569-7063 Soybean Referendum UNIVERSITY PARK, PA (Center Co.) —Soybean producers will vote Feb. 9, on whether the Soybean Promotion, Research and Consumer Information Program should continue, the U.S. Depart ment of Agriculture announced. Kenneth C. Clayton, acting administrator of USDA’s Agricul tural Marketing Service said, “Producers who certify that they produced soybeans between Sept. 1.1991, and Dec. 1.1993, will be eligible to vote in the referendum.” Registration and voting will both be held on Feb. 9,1994, and will take place at Cooperative Extension Service (CES) county offices. Absentee ballots will be available from Dec. 1 through Jan. 21 and must be returned in time to reach the appropriate county CES office by Feb. 2. Agricultural Sta bilization and Conservation Ser vice personnel will count ballots, determine eligibility of voters, and tabulate results. For the program to continue, a simple majority of those voting must favor it. In the referendum, producers will decide if they want to con tinue to pay the current assess ment of O.S of one percent of the net market price of the soybeans they sell. The referendum procedures will be published in a future issue of the Federal Register. N E W TUBS. FEBRUARY 8:00 AM Til 9:00 PM tGSE^\ hSSfc. < POWER discounts
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