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HomeMy WebLinkAboutThe Exeter Times-Advocate, 1976-10-21, Page 20LEARN ABOUT FARM SAFETY — Students of Stephen Central Schaal received instruction Monday an farm safety from Michael Miller of the Ontario Safety Association. Shown with Mr. Miller are Elaine Vincent, San- dra Riddell, Mark Gibson and Paul love. T-A photo Hurry . . . The Annual Co -Op FALL SALE ENDS SATURDAY ANTI-FREEZE Permanent ethylene glycol base anti- freeze in a convenient, economical can complete with Rieke spout. Stops cor- rosion and rust, will not evaporate or boil away. Mixes well with all other types of permanent anti-freeze, 548-003. ,A74 gallon Hundreds of SUPER VALUES Still In Stock EXETER. DISTRICT CO-OP Telephone 235.2081 NNW. DISTRICT CO-OP BRUCEFIELD 482.9823 HENSALL 2624002 ZURICH 236-4393 A BARGAIN! At fraction• of original cost Concrete Batch Plant (10 cu. yd.) Scales attached, could be adapted for CORN DRYING OPERATION CONTACT: 461-1091 THORNDALE Did You Ever Sell Fat Cattle? If You Have, Then Attend The Master Feeds Beef Producer Night at Country Pavilion, KOMOKA Thurs., Nov. 4, 1976, 8:00 p.m. The Program Features: -- 1.-K Ranches - Bassano, Alberta 25,000 head feed yard — Dr. Burgess, University of Guelph „.Factors affecting final weight of fat cattle Doug. MacDonnell, Ontario Public Stockyards Factorsaffecting final price of fat cattle --- Dr. Richard Welton, Maple Leaf Mills, Energy and Protein Beef Ration Research at MASTER FEEDS FARM Nutrition is our Business DOOR PRIZES, BARBECUE BEEF ON A BUN, MARKET REPORTS BEEF FEEDERS START CALVES WITH THE STRESS FIGHTER MASTER BEEF FEEDLOT STARTER Medicated with AureO S 700 FEED 5 lbs, per head per day for 21.28 days. Protect your in- vestment and get more gain and better feed efficiency. ORDER TODAY: MASTER FEEDS Komoka: 471-1920 PAUL REVINGTON 672.6919 GALLON $5•95 • PER 'CASE $2 1•25 PER OF 4 GALLONS Now In Stock . . Full Selection TOY FARM IMPLEMENTS EXETER FORD ?actors Equipment Sales Equipmert Ltd. LmOs ,Road East Phone ,235-2200 C. A. BECKER EQUIPMENT LTD. Invites You to Attend Their GRAND OPENING Fri., Oct. 22, 1976 Commencing at 1:30 p.m. At Their Dealership Location In LUCKNOW Beef Barbecue Free Draws Tractor & Plow Demonstrations Dancing from 9 - 12 to the "BLUETONES" See the "Pro-Ag Line" 1:1,419q. SAVE AT BALL-MACAULAY TODAY FINAL 3 DAYS! TO TAKE ADVANTAGE OF GREAT SAVINGS BALL-MACAULAY HAS THE SPECIALS TO HELP YOU SAVE NOW = BUT THEIR 27th Anniversary Sale .ONLY CONTINUES THREE MORE DAYS. SO SHOP TODAY. CASH PRICES — FREE DELIVERY. 41111111111111111110 25% OFF All MASON and DASHWOOD WINDOWS IN STOCK 'Styrofoam Rigid Insulation 1" 4x8 $3.29 1 1/2 4x8 $4.95 Fiberglass Pink Insulation R12 R20 90 so. ft. 76 ,sq. ft. $11.70 $16.72 25% OFF ALL PATIO & SIDEWALK SLABS IN STOCK Prefinished Panel Sun Valley OAK $499Sheet ' Save 78c Per Sheet 1/4" WAFERBOARD . Interior & Exterior Sheathing $449 Sheet Use ZONOLITEa Guafity ATTIC INSULATION 20 Year BUTYL CAULKING $159 Tube Save 27 Per Tube ALUMINUM Self-Storing Storm Doors Mill Finish Stock Sizes Only $46N Farmers - Save On Pre painted 30-Gauge STEEL ROOFING & SIDING $3489 100 sq. ft. Custom Cut To Your Needs ARNIM 25% OFF ALL WEATHER- STRIPPING IN STOCK 3whflog 2.39 each More Store Specials To Save you, Our Customers, Money! BALL-MACAULAY.LTD. BUILDING .SUPPLIES CLINTON 482-3405 SEAFORTH 527.0910 HENSALL 262.2418 BUILDING COMAE Temperatures Are Failing . . Winterize Your Car, Truck and Farm Vehicles Now • Anti-Freeze Buying cattle — often between producers themselves. Any responsible market information on current price structure, cattle numbers, cow and heifer numbers, either held back for breeding or sent for slaughter, can be useful in determining the enthusiasm with which. any cattle feeder should approach the industry this fall, Frankly, with the number of calves born in 1975 and with the carry-over of yearlings, coupled with a required reduction in Canada's dairy herds to conform with new Federal industrial milk quotas, it appears to me there will be no major price increases for fed beef for some months to come. This is one prediction on which I hope I am proven wrong! Cattle price cycles have been with us for generations, I doubt if the pattern will change. This leads to the conclusion that when the current depressed price cycle changes to a more buoyant level, beef cow-calf producers will receive prices more in line with what they should be. I'm just thankful that over 3,000 more beef-calf producers in Ontario • The October meeting of Elitn- ville Women's Institute took the form of a masquerade party at Usborne Central School with 80 ladies attending., The members of all the branches of the Huron South District were entertained. Many attended in costume, Mrs. Gilbert Johns, Mrs. Jim Miller and Mrs. Wellington Brock, program committee for the evening, took charge Qf the costume parade. The following classes were judged and winners named: Oldest person in costume, Mrs. Ted Pooley; Most comical, Mrs, Ebert. Weigand; Best couple, Mrs. Taylor and. Mrs. Lovie; Best Hallowe'en, Mrs. Bill Rowcliffe; Best representation, Mrs. Ray Cann; Most ugly, meanest, Mrs. Allen. Johns. The judges were Mrs. Grace Elsie, Mrs. Ed. Johns and Mrs, Roylance Westcott. Each branch contributed to a program of music, readings, a skit and contest which was en- joyed by all. As fall approaches beef cattle feeders inevitably face the decision whether to buy at all, or, if buying, at what weights, age and price. It has often been said that cattle feeders aye the world's greatest gamblers, Perhaps it's because they buy without having much assurance of what the price is going to be when the cattle are finished and ready for market, Losses have occurred — but so have profits. Most responsible cattlemen realize that they can't always make a profit, but taking the business over the years most astute feeders, large or small, have done reasonably well. There are some feeders who depend on forecasts of cattle prices made by those who may not have access to all the cir- cumstances of the individual feeder. For instance, if a cattle feeder has equipment and facilities that may have already been substantially depreciated or he has abundant silage, hay and feed grain, he may be a bit keener bidder on feeder calves or yearlings than a feedlot operator who is more dependent on pur- chased feed inputs. Bank interest rates are a substantial factor to be con- sidered in the cost of producing beef. Frankly, interest rates are too high, certainly in comparison with the USA. But the Bank of Canada, which regulates both the money supply and the interest rates for all chartered Banks in Canada, has determined that high bank interest rates are likely to continue. There are some who argue that the cattle feeder with his own money supply doesn't have to worry about bank interest rates. But his money will still earn almost the equivalent of bank interest on loans in guaranteed investment cer- tificates. One wonders why the Anti Inflation Board • keeps harping about reducing consumer costs of food while the Bank of Canada, another Federal Government Agency, deliberately keeps bank interest rates high thereby ad- ding to the cost of food. For in- stance, a 500 lb. feeder steer calf, bought at 35 cents lb. in the fall, fed for a year and sold at 1100 lbs., will attract interest charges of over 1.7 cents per lb. or over $18.00 at present bank prime rate plus 1/2 of 1 percent, and the rate could be higher than that. That extra cost is increased sub- stantially by the time the carcass reaches the consumer counter if only 42 percent of the carcass is sold as edible meat — and that's about the average yield of saleable meat even with a 56-58. percent live weight-to-carcass dressing percentage. Someone has to pay the interest costs. Either it comes out of the producer or the consumer. It would seem like common sense for a prospective cattle feeder buyer to get all the in- formation obtainable on possible feeder supplies, as well as on feed. and other input costs, before going to the local auction market, stock-yard or feeder sale. The Ontario Ministry of Agriculture and Food has prepared and published a useful "Break-even costs for Cattle Feeding Chart". It can be obtained by writing to the Information Branch, Ontario Ministry of Agriculture and Food, Parliament Buildings, Queen's Park, Toronto, or it might be available at your local Agricultural Representative's office. In an American publication, entitled "BEEF", published monthly, (July issue), I read an interesting observation by an American beef cattle economist "Marketing is receiving in- creasing attention, but more is needed. Agricultural marketing systems are highly complex mechanisms. All of us are con- stantly learning more about them. Most farmers and cattle feeders are efficient producers, It is in buying and selling, it seems to me, which offer greatest possibilities for improvements within the system. It is in these areas, also, that organized and controlled efforts may be most productive. Marketing ends with selling, It begins with buying. "Every year, thousands of cattle feeders and primarily farmer feeders are "ripped off" in buying feeders either through selection of less profitable types of cattle or by willingness to pay prices which more highly in- formed feeder buyers consider excessive. Marketing includes production to the weights, quality grades, and yield grades preferred by the market." " • . . In selling, organized ef- forts are needed to standardize on a fair basis all the non-price terms of trade including shrinkage, weighing conditions, and trucking costs, as well as market selection and prices." Seemed like common sense to me. Agriculture, and that in- cludos farming, is a rough, tough business with intense competition Feeder prices remain firm During the past week a number of the Northern Feeder Sales were held and the prices remain- ed fairly firm on a rather weak beef market. South River sale, sponsored by the Parry 'Sound District Livestock Co-Operative Associa7 tion, had a very successful sale:, on Friday, October 8, when it sold 1148 head. The cool bright autumn day brought a capacity crowd of buyers and spectators and the high bid of the day was $43.25, for a pen of 8 Hereford. male calves, averaging 435 lbs. However, there were also 7 larger lots which sold for over 40 cents. One pen of 29 Hereford male calves, averaging 530 lbs. brought $42,25. This year, as in previous sales, there were more calves than yearlings, but unlike other sales there was a much higher percentage of good heavy steers and heifers. Mrs. Sheila McGillivray of Trenton spent the weekend with her mother, Mrs. Ralph Bailey. They attended the dinner and reception of Mr. & Mrs. Bert Bailey, Oxford Street, London, The occasion was their 50th wed- ding anniversary. Mr. & Mrs. Wilson Morley arrived home last week from an extended visit with the latter's brother in Kamloops, BC, They also took a seven day tour of the Pacific West Coast, in- cluding three days on Vancouver Island. On returning home they visited a nephew Raymond Morley in Calgary. Frank Triebner is a patient in South Huron Hospital, Exeter. have enrolled in the Ontario Government's calf stabilization program than last year. This means that over 15,000 beef-calf producers, in Ontario are guaranteed the difference bet- ween the average price of calves sold in major feeder calf sales across Ontario and 50 cents lb. The Hon, William Newman, Ontario Minister of Agriculture and Food, is to be congratulated for continuing a program that helps cow-calf producers to withstand the economic problems they are facing during these depressed price days while at the same time assuring Ontario consumers of a continuing supply of beef, since each juicy steak or roast starts with one cow producing one beef-calf annually. Page 20 Times-Advocate, October 21,1976 Elimville WI entertains