| Show F S A group loans aid small farmes costs COAS of heavy farm machinery and other equipment needed for efficient operation have been rut cut as much as 75 per cent by western small farmers taking part in the falm faim security administrations Admi ons group loan program pro giam it wasl a rind nd yesterday from david evans supervisor for san juan and grand counties mr evans said that money loaned by this community and cooperative service program ena ls 1 s groups of from two to ten or more low income farmers to purchase 11 tractors tractor equip equipment merit combine b ines ensilage cutters purebred lures and many other services eich each E ach service or machine s owned and operated jointly by members of the cooperating group for their common benefit according to the farm security supervisor a rap rapid id expansion of this pro program grann in utah ulah california arizona and nevada shows that farmers in the lower income brackets realize that they must pool their efforts and resources in order to compete successfully with large scale farms whish which are heavily mechanized and well financed only in this way can they pare down crippling outlays of capital and overhead expense or avoid going deeper into debt to buy the equipment they must have to succeed he be declared when a 40 acre farmer buys a acre tractor he pays plenty for it right at the start then he be goes on paying overhead for the use he can never get out of it on his limited acreage the same goes for the man who buys a bull to service a herd of five or ten cows its very different when farmers get together to buy that same that same efficient tractor or purebred bull sharing the cost and getting the most out or their investment by operating at capacity ro mr evans said that nearly 1000 community and cooperative service ice groups have been set up in the four western states of region IX almost farmers are using the machinery sires and other facilities operated by these groups farm security surveys show that more than of the cooperative services exist in the united states as a whole members have obtained many types of farm machinery and services for processing marketing and livestock improvement at an av average e rage cost to each farmer of less than thirty five dollars C community 0 rn in u n i t y and cooperative service loans are i nade made by only to small farmers unable to get adequate credit elsewhere however non borrowing farmers who are financially able may subscribe their proportionate share in in cash to become members of a cooperating group if its service is not being used to capacity by borrowing members according to mr evans there are now 81 farmers in san juan county who have individual rehabilitation loans f from rom and 59 who have received group loans the coop co op plan is intended to supplement and round out the rural rehabilitation program |
