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HomeMy WebLinkAboutThe Huron Expositor, 1981-05-06, Page 14. • , farm business management advice, including estate plan- ning. farm . transfers. tax implications. father-son working agreements and fin, •ancial counsIling. Because atniaowaveoven is morethana5 minute DRYSDALE MAZTARPE PIT CE I-4FMSALL 2fv) 2 A Upen 8-o Friday night till 9 p en in to cover these possibilities and include the poorer than expected returns that usually occur in the start-up year. However, young people want to farm. At the time pork production seemed the only way to be able to buy the farm next door. The established farmer can weather the storm. It's serious for '.the young man with large amounts of bor- rowed capital. Hopefully, my ballpark figures will help everyone 10 better inOeciate how it feels to stand in their .shoes. CHOICE LOCAL BEEF & PORK Sides of Beef 1.59 Ib. processed BIEF PATTIES 10 lb. bails PURE PORK SAUSAGE 10 A. Lags 1.09per lb. Retail Hours - Wed., Fri., 8 a.m. - 5 p.m. Sat. 8 a.m. - 1 p.m. MILL ST.HENSALL, ONT. 262.2041, ALWAYS'PEAD AND FOLLOW THE LABEL DIRECTIONS FOR LASSO Lasso'. is a registered trademark of Monsanto Company Monsanto Canada Inc . registered user Monsanto Company 1981. Monsanto Canada Inc Winnipeg. Montreal. Toronto Regina. Saskatoon Calgary. Vancouver LN-A 3-81 Fertilizers, Agricultural Chemicals, Feeds, Farm Supplies, Hardware 527-0770 Seaforth THE HURON EXPOSITQR, MAY 6, 101111 Perth looks at pork operations t C,Phadiatik nuu have, to lUtg tip to lux • Ally kinds of, fo0f1 is Available. Yet ',;ompl tints are '029;5400.3i. heard ut the,high cost of 11)54 At a sociat ' galikking $1,X "of II•tcolgy'"ert petticcin a cOrner coriversatiOri-CurScit,and.chitp1Aitied fuu4 wives, WhOher v.-g 'realize it in Canada or nett. ive ATV the best-fed nation in the world and we- get our food at the 10Wqst..;Pr*eS of any other nation in ;the-world. We,,AQ nor have to line up for it. •We do not have to wan for another nation's largesse to supply us with: food. Our farmers are the most proficient in the world, In fact. they are too proficient fur their own goad. They can produce too much for this nation. That is ob-Vious by the fact that many farmers are forced to limit production through marketing boards which have instituted supply management. Canadians. if that weekend conversation is, an indica- tion, should be happy to pay the going prices. The 'entire Amid is in a more precarious food supply situation that at any time sihee the grail[ shortages of the mid-1970s. The United Nations Food and Agriculture . Association (FM:111 recently completed a survey around the world and dire warnings of grain shortages in main nations has been reported. Estimates vary but more than a million people could starve to death this year of 1981. Major food aid programs are already underway in some African regions. China's, cereal harvest last season was far short of projections. Russia. in spite of many five-year plans. continues to be unable to grow enough gt'ain to supply the people. The world begins this season with virtually, no cushion against major crop shortfalls this year. The harvests around the world this year will be crucial. Because of this precarious position, more farmers will plant more grain. They know of the shortages. Rising prices-it's the old raw of supply and demand--will- encourage larger plantings. But rising prices adversely affect the Third World nations which arc forced to import ,Every week more and more people discover what nighty jobs are accom- plished by low cost Huron Expositor Want Ads. Dial St7-0240. food •stipplies. avid' Ray .01.0re for those . • Eft•POtZt to.seethea rt -tending Menges ine,ft next" all. Rictitre-s, ,staty'ing Childrca held 301, .to' heat. report,'• of. n1111114; , knititcsin north, mitt W•cht---"qta.oti.i:oiintrn, and act*, food -shortaggs in' the .Asian cannot feed. ttignit,el,:•es, Think of those 01415%. of people in many nations around the world oho told hungry. perhaps not starving but certaink >. night of the week. moroh after month Because now that the embargo on grain to grisst,) has been lifted, that country tt ill he shopping thi olld i fight along with China buying as much grain as Is at. World grain stocks are low enough now, the low esr ui sty or seven' years. If any major food produiing are., atormit. the globe has a bad hart est. the w stile pit tort y% ill ht t o 'n~t even more drastic. Any crop failure in either Canada or the t twirl 'oaks will become disastrous. So, think of those things after you has &' earls ,, ct meal this summer and next winter. Think of thust star t tie people all over the world when-you loosen your hell .t not, it because you are overfed' and overweight. Most important. think of those people ti complain so:bitterly about rising food prices in Canada this year. Do not lay the blame on the farmer who toiled in his fields. Do not suggest that all marketing hoards. espci tall> those with supply management, should he scrapped 'at price of food will go down. - With food shortages aroundTheViiVe, theprice of food in Canada cannot go any place else but up. Just be thankful to the farmers and the wird Lord w lio placed you in such -a • wonderful country o here food is plentiful and relatiYely cheap: Remember. Canadians spend less of their disposable income dollar on food than any other nation in die, w of Id becaUse Canada has hard-working. progressis c farm rs who produce the best food in the world to fill tour begs. tneetittriZikeittiteekiele. aterilesseelevaty,:seOhey. • tinbletinittuilliven*0 55O Rea( 0000 NOW.47.90 Rig., 0.00 :101011eigerielm Snyertilate A Now 40.56 Flite:56,9s• NOvi20.66 Rag40.05 fillrlOstrt L.TOSVStitinleint Now St SO Reg,. 719$: New 49.65'n•g. 61.96 _ morioaii7maiikintikso Tfirticitait.#6-010:41.00 S. Now' 21410 Rig. 0100 ConwnitriltitutitainThise A. NSW 26.60 Reg: 31.95 13. Naw 143.1.0 Neg. 23.95 Ortektiro "item Stainless M*10.30440, 2245 8. NOW16.10 Filth. 18.95 26 LOVELY PATTERNS TO CHOOSE.FROMI ure, microwave ovens cut . down your kitchen time., That's what they're for. But even With a microwave oven, you'll still spend time in the kitchen, so make sure the micro-- waye ov n s as g as it cooks. Look at Hotpoint. Our microwave ovens,have clean classic lines., Streamlined black and woodgrain exteriors. Simple chrome details. T-hey're beautiful, ' And clever. The top of the line model has electronic touch con. • trots that put 6 cooking functions at your fingertips. It has 10 power levels:a Memory, defrosts food, signals the end of a program. And' it comes with an automatic simmer Pot to let you cook food slowly for full, succulent flavour. Whether you're baking a potato, roasting beef, or cooking some of the wonderful Chinese dishes in this book, a Hotpoint microwave oven can be a beautiful addition to your life. Last year turned Out to be a better than average crop year. , according to Mr. Pullen. Early spring inqUiries con- cerning the growing of - oil seed crops. flax. rape and soybeans. were numerous as growers attempted to switch 'from a depressed cereal crop Market. • . Portunately white mold failed to develop and damage white beans in tate 'July and August and the white bean harvest was generally excel- lent. Grain corn was affected by stalk breakage 'with signifi- cant variety differences. As we enter the 1981 planting season, growers` are making.. inquiries about al- cro s such as kidney beans, said u ° bean growers are very opti- mistic following two good harvest years and buoyant prices and the Soybean crop will likely remain constant. As part of an on-going program. soil tests doubled compared with the previous fall, Farmers are concerned" about rising costs and a soil test is the best •way " to maximize fertilizer returns.. noted Mr. Pullen. "We will encourage crop farmers to soil test in mid- summer when' work load permits, so that their soil test program is not dependent on the occurrence of suitable weather in the fall.- he added. Weed and pest control is a source of a large number of inquiries, usually urgent in nature, commented Mr. Pul- len. In this connection Pat Lynch of the Huron OMAF office has developed objec- tives on weed and pest control. Problem weeds like Johnson grass, fall pani- corn, prnsomillet and triazine resistant weeds are- Of real concern noted Mr, Pullen. In concluding ' hi's report. ,be told county council the OMAF office will 'boritinUe their objectiveis to pros ide 's difficult to pull souself in ilk other fellow 's position. It s that WO fur the salaried pet son hewing the farmer and small businessman's problem w ith rising interest raters Each year on April we do Nanual Report at our Minx Ibe report includes oilman son of prices iv oh the evious year. It's interest- "WV, halt. rrturfta.ani, COSt1S 114,.. lthalig4;it it"" ear 0474.'• r , *es tooi.44-31.1e situation'. farrow-tailitio41• pork, „Ortailwer, 'Pork .prig t x tit 5>f1 WVIce. o„.0 prwc ,of Alti it [479. A s ithdroo„on .a 7(1 lb eiiroass onorms 'to $17 'pi t hug. farmer %I:1th -HO salts might ship , out . 1,200 . ings in a ear It isn't difftiutt to see thi problem. 13'. budgeting .1•.. ord!pg to l ,ro prices. then will be a short tall of gross uitumc of s20,400 •Let's remember too that it isn't at all unusual for a tarot business i. he run- ning more than t hr MO suns. It's easy to see n hat has Swine news from OMAF 1 he swine management section of the an 1111.11 report show s' considerable request for advice through farm office and telephone contacts. "Efforts will ,nitinue to pros ide credit e •itinselling assistance to tikl, producers during this period ''t econo- mic instability.'' tl,mmented Mr. PhIlen. • There is' a bright spot in the- report: there is plenty of enthusiasm tin du lamb pro- duction business as market laMb and breeding stock prices are eery plod: - The Huron ,Courgy Ontario ,Ministry. of Aviculture and Fond 1.0•MAF) personoel have.: contrilinted considera- ble time to pros ide informa- tion about production eco- nomics and flock manage. ment, in an effort to contri. bute to the increased profit- ability of Ail een Operations in the county said Pullen. The OMAF. office has par- -ticipated to sei0ral provincial and regional educational sheep programs during the last year, Outrun reported,and several more new flocks have been enrolled on the sheep ROP program this'spring. happened to income.' How about the other side of the ledger--the costs? Interest rates are the main villain. Prime was, 8% per cent in April of 1978, It increased to 10 44 per cent in 1979. It's currently at 18.5 per cent. This means a„,20:5 per cent rate if the individual is borrowing at prime plus 2, The 7.75 per cent increase could" cost' ., thte -bittl.PWet, ,',$47g0;15(:)s,i90100;0700pbockrt•Qrvyavr4 !:00pr. ftit At ihg:.Satit t1inq.0y,ettrea4 costs hates4.! . tOt,i4ped climb. .9*-#thead, includes items ' as in uranee. isauxt. ,building repa~ua and: labour. We all know the story for fuel and repairs. Fertilizer has increased by $05 -per tonne over the two years. Manure can reduce the amount of purchased fertilizer. but it still isn't difficult, to have a $1,500- $2,000 increase for fertilizer and crop supplies for 125 acres of corn. Feed is another big item. Soybean meal has increased by $40 per tonne. Our 80 sow . farroW-to-finish operator could use 80 tonnes in a year. The farmer will also use over 300 tonnes of corn. Corn has increased in price'bry $58 per tonne over -We: -year period. Fortunately, most These 000 are", tasgit give by-sign40s some (g1c1 • uini..,$.4:72'0.,d000efigiptcf.ags.ainil4r • :?:73.. yowl farmers. it)tagine• -income! When tack on 4:,:stra' c er- elp.o$n2s.eos000 • for :r5o0p f os; tri pi nptl ies 'i and $5,000 to $6,000 for the feed ingredients that aren't grown on the farm. Don't forget to include $2.000- $3,000 to cover the increased overhead costs that we're all experiencing. *Remember too that many young farmers have more borrowed money and have more crop acreage and more animals to feed than what has been indicated in the theoretical.e'xantple. Sure, it's easy to have hindsight. We knew that a down turn bad to come in the hog market. The amounts of 'borrowed money were high. lnmany cases there wasn't a sufficient safety margin built We can't co p, (60ot-food piites, SETTING THE FOUNDATION-Late last week workers pOured cement to complete-the foU. ndatlon of 'a new arena-sized building at Vincent Farm Machinery, north of Seafortb. (Photo by Shoveller) '80 good crop year ANSTETT Jewellers 8 Albert St.. Chnton '28 Main St. S., Seaforth 284 Main St.. Exeter 203 OuTham E . Walkerton THE BEAUTIFUL APPLIANCES mplete Line of Hotpoint Microwaves and Dishwashers Prices Specially for MOTHER'S DAY "Same as City Prices.... So Come, In and Compare" Lasso® The Smart Choice pork producers hate grown the crop themselves. Thus it's the cost of the aforemen- tioned inputs that must go into the cash flow-not the cost to buy the corn. It's a lot easier to make up dollars on a crop That tan be grown with assets that were bought and paid for a few years ago. Howe%er. ev,ent , ually equipment wears out The' tnYbet: is Need with replacing it at iorta),I's bigh , 1'. icei _you cho Atrazine... a bigger yield is just a harvest away. Then Lassoo-k herbicide plus atrazine is the smart choice. A tank mix of Lasso plus atrazineigives 'excellent control against weeds like crabgrass, fall pcinicum, barnyard- grass and (oxtail. It also controls smartweed, common ragweed, lcimbsquarters, mustard, pigweed and Many other brbadleaves. All with reduced carrOver, too., And Lasso gives' you a choice of . application methods for effective resultt. You can go with either shallow incorporation or surface application. You can shallow incorporate Lasso into the, top five centimetres of soil, or ydu cap surface apply Lasso within .5 days of your last tillage trip' to get more dependable performance year in and year out. Best of all, using Lasso plus atrazine helps you net a bigger yield... which adds up to a bigger, healthier profit. And that is really smart! Monsanto For further information, contact your local ,dealer MIo N J. DIM LIMITED Purina Chow - Sanitation Products Seed Corn Provimi Feeds Ventilation (Wholesale & Retail) Pesticides - Spraying Eguipthent A SEAFORTH, ONTARIO NOK IWO /Phone 519-527-0608 ould you like erior gsass ontrol wrong 1th higher rn s? A