The Huron Expositor, 1981-11-25, Page 18CHRISTMAS LIGHTS AND DECORATIONS ,HOCKEY STICKS
AND EQUIPMENT, ROAST PANS AND CHRISTMAS CAKE '
PANS.
..“•••••••••=mi•
Fi
lillaliardallw"b-Homeivare
Seaftirth
sails
Home Hardware
527-1620
If it's
from
Anstett's
it says,
`you're
special'
3 ONLY
Grandfather
Clocks
20% off
As well - Over 100 other clocks
Mantel-Wal1-400 Day-Cuckoo
and Alarms
.20%off
ANSTETT
JEW ` Sits SEAFORTH STORE ONLY
• Awr. Si G.on
25 on ST S
564 m..,51
207 E wo.weon OFFER GOOD TO DEC. 5/81
We are now in the process of stocking
a new line of "MICROWAVE BROWNING
COOKWARE " by Corning
"Come in and inquire
about this unique way of
cooking"
Of
Microwive Browning
Skillet [White] Above
Microwave Menu-ette
Browner with Cover
[White] Center
Microwave Browning Skillet
[White] at left
Also Available •-t- Oval Citsserolette with Cover, Racks
Cook re' POur Vessel and Cleaner & Conditioner
ASSOCIATE- STORE
.13 C. WINSOR, HOLDINGS
LTD. Seaforth, Ontario F ph 527-1350
'MICROWAVE'
Browning Cookware
by Corning
.THAT WILL LEAVE HER SMILING!
41 2 -0555
ia
A18
THE HURON EXPOSIT IR, N.OVEIVIOER Zvi, 1981
in rove or not?
Perth Farm News
S3.24. The basis relative to
the July contract therefore
was 84c under (33.24 futures
minus $2.40 cash price). The
past 4 years, the prise on,
June 1 has averaged 25c
under the July futures .con-
tract-(ranged front 23c to 28c).
If June 1982 is anything like
the last, four years, the
producer has given up 'a
potential basis improvement
of 59c per hushelAlf you add.
• the direct figures cost to the
for the first month; clean
water available; corn silage.
if to be fed. should be
introduced gradually after
two weeks, and should nee
beconie major component of
ration during the first month;
it appears beneficial to feed
some grain prior to introduc-,
ing corn silage into the ration;
cattle should be forced to
elean up the feed manger
within 8 hours. If healthy,
they will be keen to eat at
subsequent feeding.
PROCESSING: don't do it
within the first month after
arrival is the general recom-
mendation on calves. Early
vaccination, dehorning and
deworming produced signifi-
cant increases in disease
problems and death losses.
ces in Ontario.
ROAD INFORMATION
Chatham
354-7504
London
681-2047
Stratford
271-8321
Hamilton
639-2427
Owen Sound
376.9683
' Kingston
Port Hope
Ottawa.
885-6351
544-2523
745-7049
332-3621 Bancroft
789-4483 Huntsville
474-0044 North Bay
647-8104 New Liskeard
272-5775 Cochrane
522-0388 Sudbury
256-2855 Sault Ste. Marie.
475-4251 Thunder Bay
548-5910 Kenora
Call for winter
road info
liow grain prices. high
interest rates and storage
Conte are creating a market.
Ins dilemma. On the one
bend Many people feel that
grain prices will get better
Delaying sale or at least
pricing may improve your
income. On the other hand.
prices could slip still more
end the cost of holdingon to
that Wein can just make
thijegS. worse.
leftist people that I've talk-
ed to feel that the price will
iMprove. Several of these
people have suggested that. it
Makes more sense to just cash
the grain in pow and buy an
equivalent amount on the
futures market. This system
would give them the use of
about 80 To of the money
associated with their graM
inventory but still allow them
to take advantage of price
improvements on the futures
market. At first glance. this
sounds like a good strategy.
A big item that was over-
looked by going strictly with
the futures market is "Bas-
is." Basis is the difference
between the current cash
price and a specified futures
contract price. All elevators
and major buyers of grain use
a "basis" in pricing their
grain .When they buy or agree
to buy. For example. if a local
elevator was paying 53 per
bushel of corn at harvest and
the Dec; Corn Future contract
was at 53.25, the basis is'25c
under Dee. Basis is a price in
itself. It reflects the local
grain value at any given time
relative to the expected value
of that grain in Chicago when
that specified futures con-
tract matures.
Basis will vary consider-
ably from year to year de-
pending on the local supply
and demand situation. A
person whoignores the basis
in setting his marketing stra-
tegy is really 'fooling himself.
Through this area, basis
shows some seasonal beha-
viour. Sellers of grain usually
see the poorest basis at
harvest time. Grate is fairly
Plentiful and there is lots of
grain moving - buyers can
usually get grate fairly read-
ily. Basis usually improves
after harvest up until March
when lake shipping opens.
The beginning of the ship-
ping season usually brings
poorer basis until April or
May. From May to Septem-
ber basis usually improves
again.
In a recent issue of Grain
acts (an Agriculture Canada
publication) the problem of
basis was discussed. The
e xample used was as follows:
On October 1, 1981 the
price of corn in central Illinois
was $2.40 per bushel: The
cost of storing that grain to
June 1. 1982 includes extra
drying and shrink required
for stored corn compared to
harvest delivered corn. inter-
est on the value of the corn
and direct storage expenses.
The extra drying and shrink
costs 4.1c per bushel. Interest
at 18% on $2.40 for 8 months
costs 28.8c ger bushel. Com-
mercial storage for 8 months
costs about 19.5c per. bushel.
The total holding cost until
June I is 52.4c per bushel. To
replace the corn with a
futures contract costs about
2.5c per bushel. This. how-
ever, doesn't include the
added interest cost involved
if the market declines and the
brokers asks for more margin
money.
By using the futures mark:-
et, the producer has an added
cost because he will no longer
benefit froth anticipated int-
provement in the basis later
in the marketing season, As
of October 1st. the July 1982
futures contract closed at
Three years of study on 70
farms is giving us some
guidelines. The Bruce County
Beef project has dealt with
42.000 calves plus a mail-in
survey from another 200 feed-
ers from five Ontario Coun-
ties.
Some recommendations for
starting calves as a result of
the study are:
SHIPMENT- get calves in as
good a condition as possible;
don't overcrowd in trucks or
rail cars; allow adequate rest
and feed stops enroute.
ARRIVAL: hare:' a clean dry
facility ready; isolate new
artivate from other cattle for 2
to 3-weeks; keep group size to
100 head or less.
FEEDING: hay on arrival and
potential basis gain. the total
Cost of that strategy is 61.5c
per bushel. Using the futures
market from harvest to June 1
winds up costing 10c per
bushel more than commercial
storage.
A compromise strategy
would In to with until the
basis has made some im-
provement after harvest be.
fore trading .real corn for a
futures Market position.
A meeting is being arrang-
Injection of Vitamins A.D.E..
although not significant ap-
peared to improve the calves
health status.
The above are general
recommendations as a retult
of the. Bruce study. More
information on the Bruce
County Study may be obtain-
ed by contacting Dr. Wayne
Martin. Ontario Veterinary
College, University of
Guelph.
Other helpful hints in start-
ing calves are -
TLC.; tender loving care
always pays off; pen walk and
observe the cattle regularly.
VETERINARIAN: get your
veterinary involved if you
detect any problems. Take his
advice on treatment for I.B.R.
and shipping fever and
pneumonia problems.
TREAT: once cattle are settl-
ed and on feed for a month,
treat for warbles, (prior to
December 1st) andelieek for
lice and worms.
IMPLANT: Implant calves
with' RALGRO and yearlings
with RALGRO or SYNOVEX
S for steers, SYNOVEX H for
heifers.
HISTORY: Obtain as much
information as possible on
what treatments have been
given; How long they have
been weaned; What feed they
have been on etc. before you
bought them. This will assist
and possibly same you money
in your treatment program,.
Stan Paquette. Associate
Agricultural Representive.
ed for Wednesday. December
16th in Stratford to discuss
Management and Market
Outlook.. If you'd like to hear
what both marketing experts
and experienced farmers
have to say, this could be the
program' for• you. The num-
bers wilt be limited and
reservations' are required.
Call -or write the Stratford
0,M.A,E, office for .more
information end reservations.
Art Lawson. Assoc, Ag. Rep.
FA/MIMI/4NC)*
Circ le the afterecton of
Thursday. December 10th - if
you want to become more
knowledgeable on how to
keep tabs on your farm
business. Chartered account-
ants will be describing how to
set up farm records Correctly
and how to prepare operating
and cash flow statments that
will help you to better keep
track of how well the business
is doing. In addition, there
will be an update on the
recent budget proposals and
discussion by myself on link-
ing up production factors with
farm budgets.
The program is a co-oper-
At the December Members
Meeting of the Huron County
Federation of Agriculture,
Murray Gaunt will present
the report of the OFA's
Emergency Task Force on the
financial crisis in the agricul-
tural industry,' of which he
was a member. The meeting
will be held December 3rd at
the Blyth Public School at
8:30 p.m. • ,
The Task Force has been
holding hearings' all over the
province this fall to find out
exactly what , the situation is
USE
EXPOSITOR
WANT -ADS
Phone 527-0240
ative effort of Perth Account-
ing firms. Canal= and the
Ontario Ministry of Agricul-
ture and Food. The program
starts at 1:30 p.m.. at the
Victorian Inn. We'll have
more details next week.
Alan Scott. Ag. Rep.
BEEF ASSISTANCE
Time is running out on the
Ontario Beef Assistance. Pro-
gram. November 30th is the
deadline date fer applic. ion.'
Two. ptograms are avail-
able. There is a $40 per head
subsidy on slaughter animals
"0,
in the farming community. Its
detailed report and policy
recommendations will be of-
ficially presented at the
OFA's Annual Convention.
NOv. 23-26, •in Toronto.
There avill also be reports
on the rest of the Annual
Convention by the delegates.
All members of the farming d
community are invited to
attend.
McKellar
SANDBLASTING
& PAINTING
GRAVITY WAGONS
FARM MACHINERY
TRUCK FRAMES '
&acmes
BRICK HOUSES
Laurie McKellar
Staffa 345-2879
sold during 1980. There is
also a $20 per head grant on
stocker cattle, bought by an
Ontario resident as calves,
fed in Ontario for at least 150
days and sold to someone for
finishing purposes in 1980.
The stockers must weigh at
least 600 lbs. when sold.
There is no subsidy on
stockers sold by cow calf
owners.
ApplicantsMust have sold
ten anima ls in order tq
qualify.
uNDERsuNDRIGTrix
RURAL EMMY
There will be a Seminar on
Understanding the Rural El-
derly at the Listowel -Legion
Hall on Tuesday. December
1st from 9:30 a.m. until 3:30
p.m. This program is a Rural
Development Outreach Pro-
ject of the University of
Guelph. It's. designed for
Individuals .whit are Involved
-withfrOlisrama or decisions
relating to seniors. The SO
registration ' fee includes
lunch. ,
Alan W Scott. Ag. Rep.
District six of the Ontario
Bean Producers Marketing
Board. which includes all
Huron County. will hold its
annual meeting Friday (Nov,
27) at the Hensel! Arena
starting at 10 a.m.
vices im
67.95
39 9S
19 95
34 95
239.95
23.95 to 32.95
20.95 to 42.95
.23.95
.. 24.95
999
15.95 to 21.95
15.95 to 39.95
29.95 to 41.95
8.99 to 58.95
16 95
.35.95
20.95 to 74.95
44.95
.43.95
85.95
. 10.59
. 8.29
.2.57 to 8.99
74.95
11 49
9.95.to 16.95
23.95
21.95 to 35.95
.16.95
13.99 to 14.98
. 10.95
2.69
Elec Meat Slicer
Elec. Corn Popper
Air Ecologizer
Air Cleaner
Air Cleaner
Elec. Knives
Elec. Fry Pans
Mini Hair Dryer
Elec. Hair Curlers
Dial-A-Matic Cutters
Elec Hand Mixer
Elec. Toasters
Crock Pots
Coffee Makers
4' , ft. Christmas Tree
6 ft Christmas Tree
Elec Drills
Workwheel
5/814.P. Router
"Under
Nut Driver Set
Mitre Box
Hacksaws
Shop Vac
Tool Bbx
Coal Oil Lamps
Dog Bed
T.V Tables
Utility Table and Outlet
Snow Traction Grips
Folding Step Stool
Childrens Shovels
TORONTO: MiniStry of
Transportation and Commun-
ications has, announced that
its Winter Road Reporting
, Service for the public will go
into operation on Monday.
November 9.
The Road Information Cen-
tre at Toronto and the
ministry's district • offices
throughout the province have
tip-to-date information on the
condition of all provincial and
secondary highways 24-hours
a day, seven days a week
during the winter months.
Information on winter road
conditions may be obtained
around the clock by telephon-
ing the following MTC offi-
Gift
Suggestions
Come in and browse around
Bruce County beef project
makes recommendations
Murray Gaunt to
talk at Federation
VINO,
1)0,511hyrt Bean annual
meet i ng
Friday
KEROSUN
99,9% Fuel
Efficient
SAVE! r
SAVE! 11
SAVE! •
527-0120