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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) THREE PHASE Electric "EVERYTHING ELECTRICAL" /1\\:* ECONOMY SERVICE QUALITY BARRY BUCHANAN 4162-73t4 I GLENN McLEAN 5674264 P.O. eox1136 CLINTON, 01441