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lNewsletter contributors for Tip of the Month and Recipe of the Month

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Tip of the Month

What do I do with my "petrified" honey?

 

Honey hardens naturally over time, but it is still as good as ever.  You can restore it to its fluid form by gently melting it.  Place the hardened honey in a double boiler at medium low temperatures, or in a jar warmed in a saucepan full of simmering water.  Honey can also be warmed in the microwave in a microwave safe dish on high at 30 second intervals.  Stir at the end of each interval and repeat until the honey is very fluid.

 

If you don't like dealing with the honey you can substitute molasses for honey in most baking recipes.

 

How often do I need to change my stored water?

 

Stored water lasts for about 6 months if it is chemically purified with chlorine or similar purification methods.  If you have stored your water for longer, now is a good time to dump it onto your lawn, rinse the containers with clean water, fill them with fresh water, and add sufficient purifying agents to keep the water clean for the next 6 months.

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October, 2006

IN THIS ISSUE:

Expanded Fall Order  

Its time to order your nuts, candies and supplies for holiday celebrations.  Our ordering window is pretty narrow, so we need your orders by October 5th.  Please order quickly.  We have expanded our fall order to include two new vendors.  First, we are offering a selection of Bob's Red Mill Products for those of you who have requested smaller packages of flours and grains and gluten free products.  Second, we are offering a selection of candy making supplies, flavorings and a few spices from Glory Bee Foods.  Last month's articles regarding agave nectar didn't generate a very strong response from you.  We still believe in this product and will offer samples during the fall order pickup so you can better decide whether or not you want to try this product.

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 Sauerkraut   

Several very large cabbages were converted into delicious sauerkraut at the Wallin residence in early September.  Dawn Shelstad taught a class and demonstrated the sauerkraut making process, which turns out to be relatively easy.  The kraut is still fermenting and will probably be finished in another few weeks.  For those of you who were wondering, it DOESN'T stink.   Thanks to Dawn for the lesson.  We hope that all of you take advantage of educational opportunities with PPN as they arise.  If you have recommendations for classes, let us know.

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Planning Ahead for Walton Feed   

Hurray! The Walton Feed delivery will move indoors next spring. We've reserved the Latigo Trails Equestrian Center for a May 5th delivery. This change will allow us to take orders for two trucks, that's 84,000 pounds! Orders received for the first truck will be guaranteed. We will be able to add the second truck if there are enough orders to cover costs. Tell your friends and neighbors about this great annual ordering opportunity.

Due to the delivery changes, I have made a few adjustments to volunteer crews. Basically, we will ask everyone who orders to help in some way. There will be two Saturday five-hour shifts. Others may help in advance with paperwork, or help on Saturday to direct traffic, prepare food or double check orders.

Please set aside Saturday, May 5, 2007 and support PPN. Your help makes a difference as the all-volunteer board strives to meet the needs of our ever growing group. Information will come out in February, 2007. Until then, please take advantage of the great fall ordering opportunities which run through October 6.

Rosalia McKean
Walton Feed Shipment Supervisor

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Recipe of the Month   

Pumpkin Butter
 
This recipe makes a preserve similar to apple butter, but with a pleasant lemony tang.
 
3 1/2 cups fresh ground pumpkin or 1 30 oz can pumpkin puree
2 1/2 cups light brown sugar
1 lemon, juice and grated rind
1 tablespoon ground ginger
1 1/2 teaspoons cinnamon
1/4 teaspoon ground allspice
 
If using fresh pumpkin, mix with sugar, lemon, ginger, cinnamon and allspice in a large bowl.  Let stand at room temperature 8 to 10 hours.
 
Transfer to a heavy saucepan, add 1/2 cup water and bring to a boil. Simmer on low heat, stirring often, for 40 to 60 minutes, to desired consistency.
 
With canned pumpkin, mix ingredients in heavy saucepan; bring to a boil and simmer on low about 20 minutes to thicken.
 
Pour mixture into hot, sterile, 6-ounce canning jars, leaving 1/2-inch headspace.  Seal with sterile, 2-part lids and rings, as manufacturer directs, processing 10 minutes in boiling water bath. Cool; adjust seals
 
Makes five 6-ounce jars.

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Financial Corner    

How do I qualify for an IRA?

 

An IRA is a vehicle for accumulating money for retirement.

 

If you are not covered by an employer-sponsored pension plan at work, the amount of your IRA contribution can be deducted from your taxable income. The IRA contribution limit is $4,000 for 2005 and 2006. A special catch-up contribution is available if you will be age 50 or greater during 2005 tax year. The catch-up contribution is $500 for the 2005 tax year, increasing to $1,000 for the 2006 tax year.

 

If you are a nonworking spouse, you may be eligible to contribute to an IRA and deduct the contribution from your taxable income. The spousal contribution limit is $4,000 for 2005 and 2006. A catch-up contribution is available if you will be age 50 or greater during 2005 tax year. A catch-up contribution is $500 for the 2005 tax year, increasing to $1,000 for the 2006 tax year.

 

Even if you participate in an employer-sponsored pension plan, you may still make contributions to an IRA. The amount you can deduct from your taxable income depends on your adjusted gross income.

 

The IRA deduction phaseout for married couples filing a joint return ranges from $65,000 to $75,000 AGI for the 2004 tax year. For the 2005 tax year, the AGI ranges from $70,000 to $80,000.

 

For singles the IRA phaseout ranges from $45,000 to $55,000 AGI for the 2004 tax year and from $50,000 to $60,000 for the 2005 tax year.

 

Remember, the interest earned on money placed in an IRA grows tax-deferred under current tax laws. You do not pay taxes on the funds until you withdraw them, usually at retirement when you are in a lower tax bracket. However, because an IRA is intended for retirement, you may incur tax penalties if you withdraw the money before age 59 ½, except in special circumstances.

 

You can withdraw funds from your IRA and not incur a federal penalty if you are a first-time home buyer ($10,000 limit) or you are using the money to pay for a college education. Any withdrawals will be subject to income taxes. It’s important to check with your tax adviser first before withdrawing funds from your IRA.

 

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Kristine V. Barager, FIC
District Representative
Modern Woodmen of America
kristine.v.barager@mwarep.org
(719) 532-0570

A registered representative. Securities offered through MWA Financial Services Inc., a wholly owned subsidiary of Modern Woodmen of America, 1701 1st Avenue, Rock Island, IL 61201, 309-558-3100. Member: NASD, SIPC.

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