HomeMy WebLinkAboutThe Brussels Post, 1980-04-23, Page 6Fence
1
7095
Stretcher ea.
Stretches all wires with an
even tension.. Malleable'
iron castings. One man .
operation. Make your fenc-
ing a little easier with help
fr t
CO-OP
SPECIAL
(a) 10" Fence Pliers
Makes wire pulling easy.
Drop forged steel. Hard;
ened tempered jaws.
547-108.. . . . .ea. $11.79
(b) Fence Tool
Cuts No. 9 wire.
10" size. 547-109.ea.13.50
36" fence stays allow greater istance be-
tween wooden fence posts. Can be re-
moved or re-used. Stays have a'self-starting
foot and help maintain proper distance be-
tween wines..... ......... . . . . 563-200
Round Point 79$
Shovel L ea.
• Hollow back and turned
step for ease of use.
grip. 28" handle, 9" x 12"
blade. Strong construction
to withstand many uses.
7 ft. T-Rail 0230, with Clips •09 ea.
Lightweight post approxi-
mately 75% as strong as ,
regular weight posts.
563-492
6 ft. Post with clips. . 2.90
CO-OP
SPECIAL
CO-OP
SPECIAL
CO-OP
Fencer Battery
Sturdy metal case with maximum power
output. Long-life brass screw on terminals
and handy carrying handle. 6 volt. 509-141
See CO-OP's full line of Fence Insu-
lators in stock
Canadian Barbed Wire ...80 Rod
Spools
Monova'" Single Strand
a) Light weight 13 gauge.
563-452 $20.65
b) Heavy weight 12 gauge
563-453 $25.15
Double Strand Barbed Wire
a) Heavy 13 gauge
56S-450 $33.25 b) Extra heavy 121/2 ga.
563.451 . ..$38.65
thailategi
Oil and
Annealed E25
Fence Wire coil
12 ga. wire coated with
black lacquer. 10 lbs/coll.
563-472
Galvanized Eso
Wire frO coil
Zinc coated 9 gauge wire.
10 I bs/co I 563.456
10 lb. Sledge nr195
Hammer iGG ea.
Forged from high grade
steel, tempered and hard-
ened' head with ground
edges to prevent chipping.
Handle supplied with first
grade hickory enameled
ends. 590-113
11.6 . CI UNITED CO-OPERATIVES OF ONTARIO
WHERE
AVAILABL E
FINANCING'
ANIMA
THROUGH.
" WINGHAM 357,2711 BRUSSELS 887.6453
6':THE :BRUSSELS.. POST, APRIL 23, 1980i .„
-I.
sitive attitude
BY DON WIEN
AGRICULTURAL RE,
PRESENTATIVE
, Eternal optimism is going
to be a great asset for
farmers during the 1980's to
be successful and profitable,
A positive' attitude is
necessary as we face all
kinds of challenges.
Interest rates will affect
farmers more than some
other businesses because of
their static type of income.
Returns Of some com-
modities are not as high as
they were several years ago.
Current cost studies with
• market hogs selling at under
$50.. per hundred weight,
show that many pork pro-
ducers are losing up to $20
per hog marketed. These
calculations include every
cost involved. This is an age
for realism and all costs must
be figured. Also, these
calculations were made on a
relatively well-managed
operation. Anyone with poor
feed conversion, herd health
problems or low quality hogs
would not do that well. It's a
sobering thought.
Survival is the key word. It
will be a little easier for the
established farmer. I have
real sympathy for the young
farmer trying to get a toe-_ hold.
Despite some forecasts,
interest rates continue to
rise. There has been a lot of
talk about rates levelling out,
but economists say it may be
the myth of our time.
compared to interest rates in
the United States at near 20
percent and about 23 percent
in Great Britain, ours is
,probably as low as anywhere.
A recent Bank of Montreal
report said a new combine
valued at $80,000 with the
bulk financed at 16 percent,
would work out to $40,0009
in interest over a five year
term.
Land costs are also very
alarming, especially for
buyers. Iheiellers ,can pay
capital gains and live happily
ever after, but that's not true
for the pruchaser.
How do we cope with •
rising interest rates and
galloping inflation?
We must start with careful
analysis of the farm
business. Financial and pro-
duction records must be kept
on a sound basis. Accurate
compiling of profit and loss
statements and cash flow is
so essential in making a pitch
to a financial institution.
Make sure' you shop
around in purchasing inputs.
Generally prices are very
competitive. But if there is a
difference, take advantage of
it.
Work closely with the
manager in setting a line of
credit with one bank.
Establish a line of credit for
one full year. An operating
loan of $50,000. will cost $700
per month in interest: •
Whenever possible, work
land acquisition and major
building and equipment pur-
chasing into long . term
borrowing.
Above all, finances must
be worked out on paper.
Make sure there is enough
cash flow to service the debt.
)11.a lot of :instances, there is
great volume but poor profit.
Make sure of all bench
marks.
, Take a good look at capital
turnover. A good situation is
two years gross income to
egual the farm investment.
In a successful operation,
35-40 percent of farm sales
would be retained for debt
servicing,' labour, and living.
Production goals will
continue to be , very
important, Good• production
figures are 400,000 pounds of
milk fora 30 dairy cow herd
and .18 pigs;per sow per year
in hogs. Farmirig in . the
1980's will continue to be
more specialized.
Recent rapid increases in
soybeans will not likely
continue in 1980. Acreage
was under 1,000 acres five
years ago. It rose to 8,0009 in
1978 and doubled to 16,000
acres last year. Poor harvest
conditions, lower yields and
white mould in 1979 may be
cause of a return for many
Huron farmers to white
beans. The number of acres
Planted in winter Wheat last
fall, is nearer a normal level
than for a few years because
of =better fall weather and
planting conditions. We can
expect a trend in the 80's to
more haylage and corn silage
and more production per acre
per farm. • , '
Everyone desires to im-
(Continued on Page 13)
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GLENN McLEAN
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