Palacios Beacon (Palacios, Tex.), Vol. 80, No. 28, Ed. 1 Wednesday, July 8, 1987 Page: 2 of 12
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Page 2-Palachw Beacon, July 8,1987
To set voluntary assessment
Rice referendum goes to producers July 31
The Texas Rice Research Fou-
ndation and the Texas Rice
Council are sponsoring a July 31
referendum calling for a legis-
lative check-off for Texas rice.
The referendum will be held in
the 19 rice-producing counties
along the Texas Gulf Coast.
The refemdum is vital in order
to restore profits to rice pro-
ducers, according to J.D. Woods,
Jr. , chairman of the Texas Rice
Referendum Committee. “We ve'
made great strides through the
ECONO-RICE research program
and the Rice Council in increas-
ing yields, decreasing production
costs and increasing domestic
consumption,” he added, "but
price reductions have essentially
wiped out those gains. We must
continue the momentum we’ve
built if we are to make rice
production economical in Tex-
as.”
He noted that the overall goals
of . the Rice Council and the
ECONO-Rice research program
are to increase domestic rice
markets and reduce production
costs to near world market levels
by 1991. The state goal is to
increase domestic consumption
by 30 percent and to reduce
average production costs to $S.S0
per hundredweight by 1991.
Polling places are located in
each of the 12 districts. Voting in
Matagorda County will be at the
Service Center in Bay City.
Absentee ballots will also be
available after July 16 at the local
County Agricultural Extension
Agent’s office and at the local
rice sales office. Absentee ball-
ots must be mailed to P.O. Box
740250, Houston, TX 77274 in the
pre-addressed envelopes and
postmarked no later than mid-
night July 28.
Passage of the referendum
requires either two-thirds major-
ity of those who vote in the
election or a favorable vote by
producers harvesting more than
50 percent of the state’s rice
crop.
Passage of the referendum
would set a voluntary assessment
of a maximum eight cents per
hundredweight of rough rice
which would replace the current
system of collecting funds for rice
promotion and research. The
assessment would be made at the
first point of processing or sale
and Texas rice producers would
have the option of requesting a
refund.
The referendum also calls for
Farmers’ attitudes toward risk
management goal of survey
Upcoming surveys ot lexas
producers and agricultural lend-
ers are aimed at learning more
about current lending practices
as well as farmers’ attitudes on
risk management strategies.
Cost/Sharing
signup July 13-24
at County ASCS
Matagorda County ASCS Off-
ice wiii be conducting a sign up
between July 13-July 24 on
cost/sharing Conservation Prac-
tices. Producers who need to
complete an Agricultural Con-
servation Practice between now
and Sept. 15, 1987 and receive
cost/shares need to apply.
Funds for cost/sharing prac-
tices are allocated at the beginn-
ing of each year and will be paid
to the producer as soon as all
recipts and the practice is
completed. Unlike regular pro-
gram payments that have been
frozen, ACP funds (once allo-
cated to the local ASCS Office)
cannot be frozen. Therefore,
once the producer completes a
conservation practice to ASCS
specifications and turns in his or
her receipts, the County Comm-
ittee may approve those practices
and may pay the produce.'.
If you have any further ques-
tions concerning this sign up,
please come by our ASCS Office
located at 2200 Ave A or call
(409) 245-1201.
The two surveys are a coop-
erative effort of staff members of
the Texas Agricultural Extension
Service and the Texas Agricul-
tural Experiment Station and
shculd provide the basis for
future programming efforts to
help producers deal with such
key issues as diversification,
competitveness and profitability,
and financial planning and mana-
gement.
A special grant to the Texas
A&M University System is supp-
orting the two surveys.
Questionnaires will be sent to
some 500 agncultural lenders
and to about 2,500 producers in
these production regions: Pan-
handle, Cross Timbers, Central
Texas Blacklands, Upper Coast
and Coastal Bend. Although the
Cross Timbers Region is being
surveyed now, the survey of the
remaining regions is scheduled
to begin about July 10.
“The surveys are aimed at
obtaining current information re-
garding lending policies and pro-
ducers’ attitudes about alterna-
tive risk management strate-
gies," points out Dr. Ashley
Lovell of Stephenville, J^tepsiji
Service economist who is ass-
isting With the study. ”1, ’
"We want to determine die
extent to which lenders influence
the decision-making process of
agricultural producers,” notes
Lovell. "To what extent are
lenders’ policies limiting the
amount of funds provided for
buying inputs such as fertilizer,
herbicide, insecticide, seed and
Masonic Lodge holds
installation Saturday
Palacios Masonic Lodge #990,
A.F. & A.M., will have an open
installation of officers Saturday
at the Masonic Hall on Highway
35 north. The ceremony will be
preceeded by a carry-in dinner at
6:30 p.m. in the lodge fellow-
ship hail with the installation
ceremony commencing at 7:30
p.m.
The officers being installed
are: Worshipful Master, L.G.
North; Senior Warden, August
Kovalcik; Junior Warden, David
Rolen; Treasurer, Abel Pierce,
Jr.; Secretary, S, Woodrow Wil-
son; Chaplain, Vernon Bates, Jr.;
Senior Deacon, Roy Patton;
Junior Deacon, Tom Daye; Seni-
or Steward, Billy Morton; Junior
Steward, Roy D. Chamblee; and
Tiler, Robert Cornett.
The installing officer will be
Herbert Henry; installing mar-
shall, Charles Wright; guest
speaker, Guy Stovall, Jr.; and
special music presented by Wade
Daniel.
All Masons and their families
are urged to attend.
Our new Medicare
Supplement Insurance is
among the best... good
coverage, good price and
good neighbor claim service.
CHIPPER HOLT
809 First St.
972-2525
Like a good
neighbor,
State Farm is there.
This policy is not connected with or endorsed by the U S. Government or the
Federal Medicare Program
Stale Farm Mutual Automobile Insurance Company ttome Office: Bloomington, Illinois
crop insurance? Policies regard-
ing forward contracting or hedg-
ing the selling price of comm-
odities as well as emphasis on
enterprise diversification and
farm program participation also
enter into the total risk mana-
gement picture.”
According to Lovell, the array
of risk management choices that
some producers have are de-
pendent upon lender policies,
and these policies have a major
impact on how successful farm
managers are in earning profits
to handle debt for financing their
operations. And due to the risk
associated with increased use of
debt, many agricultural lenders
are continuing to review and
modify their policies.
“It’s important that we get a
better understanding of the per-
ceptions as well as the realities
of producers' and lenders’ roles
in risk management choices so
thft we can better direct edu-
cational ettorts toward assisting
both of these groups,” says
Lovell,
Information from the produ-
cers’ survey should help produ-
cers in the use of alternative risk
management strategies, the ec-
onomist points out. On the other
hand, the results of the lenders'
survey should contribute to a
better understanding of lending
policies in the current agricul-
tural climate and emerging chan-
ges in lending practices.
the election, on the same ballot,
of a 12-person Texas Rice
Producers Board to administer
the funds collected by the ass-
essment. Candidates must be
rice producers and will be elected
at large from each of 12 districts.
The newly elected board can
set the actual assessment at the
eight-cent maximum or any-
where below it. This assessment
will replace the current three
cents per hundredweight for the
Rice Council and five cents for
the Texas Rice Research Found-
ation. The proceeds would be
used to develop, carry out, and
participate in production resear-
ch programs to include disease,
insect and predator control as
well as education and promotion
designed to encourage the econ-
omic production, marketing, and
use of rice.
Exemption from the assess-
ment will not be allowed at the
point of first processing or sale,
but a producer who has paid an
assessment may obtain a refund
of the amount paid by filing a
written application for a refund
with proof of payment to the
secretary-treasurer of the Texas
Rice Producers Board within 60
days after the date of payment.
Any person within the 19 rice-
producing counties who is in the
business of producing rice for
commercial purposes is eligible
to vote. Voters will be required to
enter their 1986 production (in
hundredweights) on the ballot.__
DKMKMG PROBLEM?
Alcoholics Anonymous is a fellowship of
men and women who share iheir experience,
strength and hope with each other that they
may solve their common problem and
help others to recover from alcoholism.
The only requirement for membership is a
desire to sto,». linking. There are no dues or
fees for AA membership; we are self- ^
supporting through our own contributions.
AA is not allied with any sect, denomination,
politics, organization or institution;
does not wish to engage in any controversy,
neither endorses nor opposes any causes.
Our primary purpose is to stay sober
and help other alcoholics to achieve sobriety.
CALL 972-6254
’500 REWARD
For information loading to the arrest of
person or persons involved In the break-in
of the farm equipment shop on FIT) 1862
the week of June 15th.
Items taken included Craftsman tools and
Dayton too! chest. Those with inforiiiaticr.
should call
(512) 972-2625
Plant the Seeds of the Future
ftN
I;
I
|>
P
I
Providing for your family's everyday
needs is a big job and so is
preparing for the future With care-
ful planning, you can rest assured
that all of their health and financial
needs will be handled.
As your children grow, so do their
needs: college tuition, cars, wed-
dings - which all add up. And we
have a plan for you: Figure out your
yearly income, estimate expenses.
assets and any additional pay-
ments and set aside some savings,
Now is the time to build cash value.
There are lots of ways to save
money - IRAs, certificates of de-
posit, money market accounts and
bonds. Come in and consult any
one of our experienced financial
planners.
Watch the seeds of savings grow
and grow and growl
The City State Bank
Palacios, Texas 77465
OF PALACIOS
Member FDIC
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West, Nicholas M. Palacios Beacon (Palacios, Tex.), Vol. 80, No. 28, Ed. 1 Wednesday, July 8, 1987, newspaper, July 8, 1987; Palacios, Texas. (https://texashistory.unt.edu/ark:/67531/metapth727040/m1/2/: accessed June 20, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Palacios Library.