Show Poultry men benefit by farm credit act an important interpretation of the regulations under which chich poultry rals raisers and may qualify to secure loans from the farm credit administrations various agencies has been authorized by the adal administration council in washington and was announced by president willard D ellis of the federal land bank eleventh district at berkeley under the modified conception of the federal farm loan act the specialized nature of these two agricultural industries is recognized and provisions for granting loans to poultry men and fruit growers have been adjusted accordingly recognizing that a poultry farm is more a manufacturing plant than an agricultural unit the administration council has determined that the value of the buildings thereon is a more dominant factor than land values and appraisal may be adjusted accordingly the minimum acreage upon which a loan may be based will depend upon whether or not the poultry farm is in a recognized district for that industry the ability of the average to succeed on an small tracts in the neighborhood accessibility to markets and earning capacity of the plant as demonstrated over a period of years under the new interpretation no loan for longer than ten years may he be granted orchards instead of being appraised on basic values as heretofore will be considered for loans based on production value of their specialized purpose with due consideration given location J sale value and alid the expected life of the trees and vines farm credit administration appraisers will be required nevertheless to take into account such attendant factors as ag pests unseasonable frosts droughts resistance of root rootstocks stocks find and demonstrated yield over a period of df years both poultry and orchard loans loan swill will be made only aly in thoroughly proved districts where satisfactory marketing facilities exist and not on promotion projects poultry raisers misers will be encouraged cou raged to avail themselves of commissioners ners loans which con be made as aa high as seventy five per cent ant on value e of the farm property |