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.