The URL can be used to link to this page

Home My WebLink AboutThe Huron Expositor, 1981-12-16, Page 22PRICES IN EFFECT UNTIL 6 PM CHRISTMAS EVE, DEC. 24 ALL ZEHRS MARKETS OPEN MON., TUES. & WED. EVENINGS=:.;. lia•CCINSULTING SER 38 High St. 40t4t Seatorth, Ontario Residence 527-0538 -REASONABLE RATES- -PERSONAL SERVICE- -NO ADVANCE PAYMENTS- 7 Main St. 52i-0567 Business Breath eft MOW* Farm and Business HafaiMik.• Harry DartHaan Tax 1Canialtant *slit/0*A • PRODUCT OF U.S.A. 100% GOOD EATING CALIFORNIA . BROCCOLI FRESH BUNCHES C PROD. OF CALIFORNIA JUMBO SEEDLESS NAVEL -ORANGES IDEAL STOCKING STUFFERS SCHNEIDERS BONELESS OLOEFASNIONED SMOKED HAM kW MAN lb. r31, SCHNEIDERS' 3 VARIETIES- MINI SIZZLERS FROZEN 500 g. PKG. DEVON KINDLESS. SLICED SIDE BACON 600 g. PKG. No-Name Sliced cooked HAM375 g Pride of Canada Smoked lb. Dinner Styleyork$0 9 SHOULDER A.& :18 Burns Sliced Roll Light & dark meat mixed TURKEY ,lb. 1.29 Maple Leaf Coil sausage KOLBOSSA lb Maple Leaf POLISH lb. • 99 Coil sausage Schneiders Olde Fashioned Boneless Smoked HAM lb. 1.98 Product of U.S.A. FRESH YAMS lb. 49# Prod. of Ont. Can. *1 Waxed RUTABAGAS lb 19' Prbd. of Ont. Can. *1 ppf CARROTS 2 lb. • lb. DOLE OR HIiUITA BANANAS FRESH FROM THE TROPICS 108, FOR CANADA NO. 1 GRADE CLEAN WASHED ONTARIO POTATOES 10,LB. BAG Zehrs own brand Skinless 1 lb. e VVIENERS't No-Name Pepperoni Summer or Salami A CHUBS 1116 60.3.. Campfire 325 g. Frozen-Sausage of ggi MEAT ROLL l• EA. lb. COLOURFUL Si 29 mum 6 POT. ar e PLANT 6 TI HUI N EXPOSITOR DECEMBER 15, 1.651 141040011.4 farm business 12 a dernirghng task. 1 knew it all *lops but the point has re-emphasized recently as 1 *tad down the various points that could influence the PrOfitability of a beef feedlot operation. The producer hasn't much control over interest rates or :market- prices- but these Variables have a major int- poet on his grolltability. A 1% change in interest rate mews a $3.50 per head increase or decrease in rest . per year.- mars a lot of money, when you multiply it over 500 head; Market price is even more draMetic. 'You can gain or lose $1130 with a lc 'gain or loss in the market on a 1,150 lb. animal. Urbanites can better understand why beef farmers are hurting when he or she multiplies the S11. by 500 head. Keep in mind too that interest rates have been many points higher and market prices considerably below the projections in beef budgets. Now let's -look at all the decisions a manager has to make. Each action can add or take away profit dollars. The choice of corn hybrid can mean a 30 bus. yield difference. In addition. there Are many management fact- ors connected with growing the crop. Each can influence profitability. Should the nat- ural fertility of the soil, along with manure applied be considered when deciding on the fertilizer fora crop? Yield may suffer if fertilizer is cut back on the basis of a poorly taken soil sample and uneven applicathin of manure. Costs will increase without bring- ingin more ineoftitiftcoilie- er is put on that isn't needed. The beef feeder has an endless number of decisions. What is the cost of keeping cattle past normal marketing time? Do I buy top priced exotic feeders, animals from traditional breeds or poorer quality feeders 'bought in twos and threes? What is the hidden cost of net using rumensin or growth promo- tants? What is the most economic level of grain feed, ing? What are the hidden costs of a high degree of sickness or a high death loss? What is the cost of too much. too little or not using the least cost supplement or mineral? What is the dollar value of clean. dry conditions or an improved feed efficien- cy of 5%? There are also questions reutung to term tuninctal management.- flow many pounds of beef are produced annually? What is the maxi- mum price that can be paid for feeders? What are MY costs per lb. of grain? What spread between buying and selling price is needed to cover cash expenses, debt payment and , personal liv- ing?' What is the average daily, gain of all the animals on feed during the year? These answers look at the overall state of the business- and tell whether a detailed look is needed at the indivi- dual production areas. One could go on and list other variables. Each has an influence on profitability. The challenge is to make sure that as many as possible operate at peak efficiency. The winter months proVide some time to sit down and think about the business -- indentify the variables that influence profitability. Once they are indentified you have to find out where you stand on that variable. Is it above or below accepted stan- dards? Once each variable_ has been analyzed in this manner, it's a matter of starting an improvement pro- gram with the ones that will produce the most gain. You wind up with goals for your farm business. Then you have to monitor or keep track of your progress in order to see if you're really accomp- lishing what you set out to do. Each enterprise has a list of variables simlar to the partial list that I' c given for a beef goal se tine outlinnesWf:r -cl ha;ye pork lid beef operations. The operator fills in infor- mation about the operation and then asks what are the three strong points about this business and what are the three weak points. The exer- cise leach naturally into a plan to work on the most important weaknesses first. - We have to seek out ideai; when we set goals. There is a recipe that can help bring results. Lady luck has some influence in farming but more often' than not we can correct a problem by doing something that we may not presently know about. We're all guilty of not knowing we "don't know". I argue that financial man • agement and production management are closely linked. In analyzing a flnan - cial problem. you immediate- ly look to see the health of the production side. The profit dollars generated by an improvement in one vari- able may not be startling. However, there is a signifi- cant total if a business is' below average in several areas. Hockey teams start losing when they stop performing the fundamentals of skatiog, checking and shouting. The basics are important in busi- ness too. Each one on its own doesn't seem too important. However. a gain on four or five areas can make a tremendous difference in profitability. There's nothing glamorous about taking stock, setting goals. making plans to improve and monit- oring progress. However. it's just as vital tor a winning Tel GQDERICH ST. EAST SEAFORT11 business as it is for a winning hockey team. Alan Scott, Ag. Representative 7 .,--- tN THE PARADE — Art Bolton drove the vintage "restoredRT. Bolton truck in Seaforth Santa Claus parade. a farm I Poor loan records cost farmers a lot of money 7.4 ARNOLD J. STINNISSEN LIFE and Mortgage Insurance Plans otatia \ INCOME Averaging and Deferred Annuities "kr. IINCOMMTE Tax Deductable Flexible R. R. S. P. NEW Non-Smokers Rates Available REPRESENTING Sun Life Assurance Company of Canada for 22 years WEDDING INVITATIONS THE HURON EXPOSITOR PHONE 527-0240 — SEAFORTH status of your financing can help you decide when to put more money into payments. and when to renegotiate or refinance," says Mr. Grex- ton. "This exercise is the only way a producer can get an accurate can get an accurate picture of where the opera- tion really stands." Before dismissing finan- --- cing and loan records as another example to "More book work" take a look at the costs involved. A farmer who owes $250.000 pays annual interest charges of $50,000 at 20 per cent. That's $137 per day. Cattlemen welcome aid from province Poor financing and loan records are costing producers more than they may realize, says Bill Grexton, associate agricultural representative. Vorellitilzton County. "Many producers don't knoat hOw much they borrow each'year, when they borrow- ed it, or how much they owe," he says. "Too many are content to let the bank take care of financing." The operating loan is one type of financing that can lead 'of carelessness. This type of loan is designed to cover operating expenses and should be paid back within the year. It was not designed to cover capital expenditures. Under the operating loan, farmers authorize the bank of advance money for expenses. Problems begin when the farmer neglects to keep tabs on the account. "This type of financing is becoming a problem, partial- laxly for beef producers." says. Mr. Grexton. "Some producers have accrued op- erating loans two to four time greater than their cattle in- ventory." The Ontario Farm Record Ontario float to feature Niagara. Niagara Falls will be the theme of Ontario's float entry in the 93rd Tournament of Roses (Rose Bowl) parade on New Year's Day. Carrying the message "Ontario/Canada - Friendly, Familiar, Foreign and Near." the float will depict the world-famous Horseshoe Falls, Maid of the Mist boat ride and the Rainbow Bridge. An estimated 125 million television viewers around the world will watch as the $60,000 Ontario float, spon- sored' by the Ministry of Industry and Tourism. joins the Rose Bowl for the second time. Ontario's first float last year won, an award. Clagsifieu Ads pay dividends- Book or "blue book" pro- vides a section for summari- zing loans. This comprehen- sive farm record book is available from local agricul- tural offices. To set up a detailed financ- ing and loan recording sy- stem, start by listing all loans across the top of a ledger page. List payment dates down the side of the page. Under each loan, rule out four columns and label them-- amount borrowed, payments, interest charges and balance owing. "Keeping track of the The Ontario Cattlemen's Association welcomes the an- nouncement by Agriculture and Food Minister. Lorne Henderson that the Ontario Government will extend its emergency assistance pro- gram by making payments of $40.00 per cow to Ontario cow calf operators. Floyd Danford. chairman of the association cow calf commit- tee said calf prices have declined this fall by approxi- mately 15 per cent following a decline in the fall of 1980 of approximately 10 per cent and that many cow' calf producers wereopenly quest- ioning whether they should reduce or get rid of their beef cows when the emergency assistance programs an- nounced earlier in the Year were not extended to their sector. of the industry. Mr. YOUNG OVEN READY UTILITY TURKEYS FROZEN • _ LIMIT! 2 BIRDS PER CUSTOMER CUT FROM -THE CHUCK BLADE, OR SHORT RIB ROASTS BLADE BONE:REMOVED Maple Leaf Boneless Sweet pickled A PORK BUTT 10. 89 cottage rolls • 1 Sliced Zehrs own brand 375 g. BOLOGNA 29 Schneiders Sliced Corned 709 PKGS • BEEF THREE Schneiders = 300 g. Regular or Cheese A, SMOKIES 'Pt sof `Ne 1 MEAL FOR SUM OR'FOR DECORATING FULLY FLOWERING STURDY PLANTS POINSETTIA FOi the table centre POINSETTIA A long lasting cOrnbination 6 POT POINSETtIA le MIXED PAN A striking colour contrast • 7 POT ,POINSETTIA,& WHITE MUM ligela471111 sike G N ING HAS E Danford said the cow calf Committee had sought assist- ance of $80.00 per cow, and that while the announcement ' was Jess than had been sought by the committee, it was substantially greater than would have been paid under the provincial income stabilization legislation which the committee earner reject- ed. He said the assistance will definitely help cow calf pro- ducers caught in the squeeze of declining prices and rising costs. Gus Lask, association president. said the announce- ment, which came one dal after announcement of e• mergency assistance pro- grams for cattlemen in Alber- ta, means that cattlemen in both provinces have received virtually identical support from their provincial govern.. meats. Cattle stolen Three head of Holstein cattle valued at $4500 were stolen from the barn at the farm of Charles Terpstra on Lot 18, Con. 9 of Grey Township on the night of November 25. All three were ready to freshen almost any day. Anyone having any information on the theft are asked to call the Wingham O.P.P. • The information will be held in strictest confidence. CUT FROM GRADE 'A' BEEF 'CROSS CUT RIB ROAST CUTYROM THE CHUCK Brethren Grade 'A' Frozen 8-12 Ib. AA Alija GEESE lb LOY 6 Schneiders , A 6 Varieties I • 250 g 59 SLIM STICKS 6 POT 519 1.49 *6.95 18.95 YOUNG- - FROZEN OVEN READY GRADE 'A' TURKEYS ALL SIZES TURKEYS ' Alt SELF BASTING GRADE 'A' IIUTTERBALL OR MIRACLE BASTE FRESHLY MADE MEDIUM:, GROUND' BEEF' (23% OR LESS FAT) PRODUCT OF U.S.A. CALIFORNIA RED EMPEROR GRAPES CANADA NO. 1 GRADE C Prod. of Ont. Clan. *1 Cooking ONIONS' 2 lb 59# ProduOl of U.S.A.*Aut. Product of U.S.A. SPINACH10 m• PKG•driv ROMAINE ea. Prod. of U.S.A. or Mexico TANGERINES DOZ 98 # Prod. of Can. Extra Fey. Apples RED DELICIOUS uf Prod. of Can. Extra,Fcy. Apples GOLDEN DELICIOUS ib.78# Prod. of B.C. Can. Fcy. lb, D'ANJOU PEARS/Or BURNS LINK STYLE REAKFAST SAUSAGE WITH PORK & BEEF 10 8 PO $4.99 7 195 POT SU 95 POT 12.99 Ml OS With a Poinsettia IVY ON A HOOP Colourful AZALEAS Large Christmas CACTUS Large Size POINSETTIA