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Home My WebLink AboutThe Brussels Post, 1977-08-03, Page 66,—THE BRUSSELS POST, AUGUST 3, 1977 Hold cattle for I John Forsyth Beef Cattle Specialist Ontario Ministry of Agriculture and Food.. London, Ontario. Holding cattle for better markets sounds like a good idea. Some of the results are predict- - able while other are not.The animals themselves will usually continue to grow if fed a similar ration, Heavier animals have a highdaily maintenance. 'requirement, and the remaining nutrients are used to promote weight gain. Reduced rates of gain and low-feed efficiency are noted unless the nutrient content of the ration iS increased. Composition of weight gain change as animals continue to grow. In rapidly fattening animals, the rate of gain and the conversion of feedstuffs into gain are i•(clueed because the gain is in the form fat. Fat contains a high of energy and it takes as much energy Ind of fat than a • le. rte of gain can be I. ures that Research 1,1,. I Jniversity of 1)1,t.. been adjusted for curl, ni t•(•Qd prices. The feed cost. to put an additional hundred pounds of gain on a 1000-pound steer calf or a 1140-pound yearling Works out to about $52 per hundredweight. Adding the other variables such as interest, bedding and capital costs, brings the total cost to about $64 per Brussels more ' put hundredweight, If the animal is held on feed on extra 3 to 4 weeks, the increase in weight may, be 50 pounds at a cost of $32. While these cattle are being held, the price may do one of three things. It may remain the same, drop, or increase, If we consider a 1000-pound steer priced, at 40c per pound,w e can determine the effect of market price after it has been held for an extra 50 pounds. Original value of the steer was 40c x 1000 pounds - $400, Situation 1 - Price stays at 40c, per pound. Value of steer is 40c x 1050 pounds - $420. Increase of $20 in value less $32 cost of gain results in a $12 reduction in return per head. Situation 2 Price rises to 43c per pound. Value of steer is 43c x 1050 pounds - $451.50. Increase Of $51.50 in value less $32 cost results in an increase of $19.50 per head. Situation 3 - Price drops to 37c per pound. Value of steer is 37c x 1050 poundS - $388.50. Loss of -$11,50 on the weight plus $32 cost of gain. A total loss of $43.50 per head. An increased feeding period may result in sufficient fat deposition to raise the fat level of the animal's carcass when graded. If we assume .a price spread of $5 per hundredweight bets. eenA2 and A3 carcasses, the liveweight differential may be ini:. the area of $2.50 per. hundred- . weight. In the simple case Where , market price stays the same, the. grade change due to extra fat • •-As•Wthe case with' the.:: ., .. . , . . . losses when buyers cannOtiiiiy for . what they plitchased. .1 ... ;:., Mr. Newman- said the •,'govern- ,. ment will encourage. commodity ,.: groups to establish funds : by. '. contributing .$25;•000 IO::...ea[ch. group . WiShing tO..Set:'0 .0..suCh .a...• . fund.a • n d: ,by.•.. provirling.': AP ..,t'...:6::. ' . $250,p00 ,' i-r:.iii.rq resi•-ftee,•.:•frci-anS;':•,•• subject to Certain •s''pe•gilded:•Pridj,:••.,•:' tionS,''':.to. ','funds.., fi-lai:0,6..die:' which ... ture and Food, and milk and .cream producers, Agriculture and Food Minister releaser;.' Bill Newman said his ministry will • has been .in operation since 1967; . April, .estimated that' in the:pas encourage the establishMent of the Ministry of 'AgticnIture and .' -10 years agricithuralsProdneers'i funds under, the Farm Products .Fhod Will ,adMinister the funds.' - . Ontario - have . lost ''$1:35 .ntillie Payment Act to protect' agricul- : "..:' ,Furids Would ,opetaie'under the • through .. .ibuYP1' . bankruptcies rural • producers in cases where . following .tct'ns...and conditionS: Considering. ... cash': sales ••131 buyers go bankrupt • .befoie:, •, Producers... and.ybpyers of ' • a , 'farmers .. ,exeCeited.., $19. :•hillio payment• is made. . • . -.',particular. • commodity • • would .. during st•he:::saine:period;',Ithe In accepting one of ,the Major: ,.Contribute• 40 and: 60...per cent, .Th•sses:attilhuted to'bankraptcl recommendations of the recently- .' respectively; in annual fees..Fees , .amountedtb•Q -,007 per •Cent!ctirjt7.0 released Financial Pt;ote.cti'On Would . be ••suSpended : •When a,. ', for . eyery , million 'dollars:1.ef far'_,. Task Task Force, Mr.. Newman . told a SatisfactorV, level ;Of • funding has' •' .Sales., . .. : :, • ...,......:•...,'„:;.2:.• . ... . . . meeting 'of:beef farmers: '''It. is. • 'been built Lip Pay Opts' would. be • • •• , -..-;..:•'• • - •, ., .. our intention to make the limited,. pet 'bankruptcy :and pet ••• ...;:,.."1170:110';:ne(:13e4C, artnijai• necessary, regulatory or legisla--. 'fattier; "v The • .MirtistrY.- W o.p id . .iyoblenjt9',Otitaijo:agiieuitiiitlk tive 'amend'ments required. to 'bolster • InsolveM t'tinds , ile itti . . • •• gePe'1791 ','..::'' .. My. ..:Nci)..n-tati '';sald.''. establish such funcl. Wp believe , ..interest-,fre6 loans u r to;$250,000,'•:;• f:Olitlt •ho been. a major fin:aii'cial. such funds will protect individual PNVided the fee: strtiCtiu7e: \VaS•:. . setback to those.. individnals:.119: producers • . from • devastating •alteredlo repav'the loan witnit-Ca l• have Offered ..JOSs•.-• 'We liefie've•S• deposition may.'result in aless: of • 2.5c x 1050 pounds - $26,25 pet-:. head. If the market price had increased ,, the loss would have been reduced. A drop' .in • the I ; market would compound the joss Department Plans,: protec#:ion #or producer • • • • •governthent to-year perio.d.", • • • • The Financial' Protection :f.'.,long, way in "protc4i'g • • Force , ci:fi4ii.e*.d. by • Ft6ff 'of •• ;prod lice rs ••• i n #!.•-ba the .0niario• M of Agrieu17 -' def a 01 •••• • . to 'a figure well. in excess. of $50 Per head, •' • • Holding cattle for better • Markets. is risky. business. The producer shOuld haVe enough • intern-laden available to evaluate • • • • • • • both sides of the decision. If cecision• is made to cattle,, the producer must Willing to take hiS chances aad satisfied' with the end result, • Stockyards active on Fri The market at Brussels Stock- yards on Friday was active with 749 cattle and 113,3 pigs on offer. Choice Steers - 44.00 to 46.'00. Good Steers - 42.00 to 44.00. A steer consigned by John Petrie of Brussels weighing 1200 lbs. sold for 46.00 with his package of 10 steers averaging 1123 lbs. selling for 44.90. Thirteen steers consigned by L & B Farms of Wallenstein averaging 1.197 lbs. sold for 45.42. by K & L Beef Farms of Ethel Graham of LitcknOWiveighing'9,30- . averaging 1148 lbs. sold for lbs. sold: for 41:66_, 44.40. . Choice 'CoWs 7.; to. 00. Sixteen steers consigned by . with sales to .0.•50. ' Howard Martin of Brussels • •Geod....Cows.: ':27/ ;60: averaging 1145 lbs., sold for Bulls traded, tg a high of 33,75 44.40. • • • •• 30to 40 Choice Heifers - 39.00 to 4•1.09 No. of ;35,50...'• with sales to 41.50, • - :,. •. •.:•• • Good Heifers -• to ••• A heifei: Bender of Rensall lbs. sold for 41.50, • A heifer 'consigned:' 'by.: Allah ••::49',0j.•••• Fifteen steers consigned by George Underwood of Wingham averaging 1165 lbs. sold for 45.70 with his offering of 29 steers averaging 1233 lbs. sold for 45.25. Three steers consigned by Jim Howatt of Londesboro averaging 1200 lbs. sold .for 44.85. Thirty steers Consigned by Girvin Reed of Dungannon averaging 1196 lbs, sold for an overall price of 44.50, Twenty-four steers consigned (-9) Operation Life /tile Neglecting Certain funda, mentals such as regular visits to your dentists brush-, ing your teeth after meals and using dental floss daily, can lead to cavities, in- fection or inflartithatiori Of the gurtis and the early loss of teeth, as well as nn necessary stir teal cost. . •• • • • •• 4' 04, blAMEtti:n1:42,..• ALL wqRptiAp4r,i"rep 2 , . • — •• • PgP'grOiNb1.-:.'.. • •• • • • WI LLIAM, NOTICE':. Ron n eribet; insurdhce Office, Brussels TRUST CERTIFICATES* -o .0t years trif Paid attitiially Ot. Annually, gel.ittelt Offite•Opeh ruetddyt-& r days .Phone 8811-6.661 Moatori Offiee Otien hloinciay tiro 8aturdity Minnie 347-2241 4 .141d'ond operatedated 't be fooled by other claims; guaranteedFor bn. iip 'xierltel::tr;ti.nfid fast ieitioielit • '.: •• • •• gook now by Calling`seaion,h:, J'iriit Service J, Dietz Ltd, ..Ltd; .H „ 12.12,14, Seatotili Phone 841-3898 or 842.5809 Phone 527zO6O$ , I ,