A32-L«nc«Bttf Farming Saturday, September 24, 1994 Sale Has Good Prices QUARRYVIULLE (Lancaster Co.) The Solanco Fair market livestock sale last Friday evening featured 79 hogs, 47 lambs, and 17 steers. The grand champion lamb, shown by April Leaman, sold for SS.SO per pound to Weaver Insur ance for a total of $726. The reserve champion lamb, shown by Brent Landis, sold for $3.75 per pound to Edgefield Farms for a tot al of $405. The average of the lambs without the champions was $2.50 per pound. In the hog sale, Nick Kreider sold his grand champion to James G. Kreider & Son for $3.25 per pound or a total of $845. The reserve champion, shown by Ryan Kreider, sold for $3.00 per pound to Hess Barbque for a total $768. The average of the hogs without the champions was $1.40 per pound. In the steer sale, the grand champion, shown by Josh Kreider, sold to Ferguson and Hassler for $4.25 per pound or a total of $5,206.25. Ferguson and Hassler has been buying the champion each year for many years. The reserve champion, shown by Garry Welk. sold for $1.85 per pound to K & S Equipment for a total of $2,331. The average on the steers without the champions was $.BO per pound. Foreign Farm Owners Have 90-Day Reporting Rule LIONVILLE (Chester Co.)— To avoid Federal penalties and monetary fines, Hollis D. Baker, county executive director of the Chester/Delaware County Agri cultural Stabilization and Con servation Service(ASCS) said foreign owners of U.S. agricultur al land are required, by law, to report their holdings, acquisi tions, dispositions, leases of 10 years or more, and land-use changes within 90 days. “The Foreign Disclosure Report must be filed if all or part of the agricultural land is sold, or if the title is transferred to another person,” Baker said. Failure to report could result in a civil penalty of up to 25 percent of the fair market value of the interests held in the agricultural land, she said. Foreign investors have report ed owning 14.6 million acres of agircultural land in the United States, and 59,319 acres in Penn sylvania. For reporting purposes, agri cultural land is any tract of more than 10 acres in the aggregate now in farming, ranching, forestry, or timber production. Land used for forestry production is land exceeding 10 acres in which 10 percent is slocked by trees of any size including land that formerly had such tree cover and will be naturally ar artificial ly regenerated. “This includes land in agricultural use when pur chased, as well as land later con verted to agricultural use.” The ASCS official said for eigners who own or have an inter est in 10 acres or less do net need to report unless annual proceeds from the sale of agricultural prod ucts grown on these acres exceed $l,OOO. Solanco Livestock Nick Kreider and Judge David Hartman show the grand champion hog that sold for $3.26 per pound to James G. Kreider & Son tor a total of $845. . * 1 sold hi April Leaman sold her champion lamb for $5.50 per pound for a total of $726 to Weaver Insurance. and Hassler lor $4.25 per pound or a total of $5,206.25. Ryan Kraldar and Judga David Hartman with tha reserve grand champion that sold for $3.00 per pound to Hess Barbque for » total of $7OB.
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