HomeMy WebLinkAboutThe Citizen, 1990-07-11, Page 13PAGE 14. THE CITIZEN, WEDNESDAY, JULY 11, 1990.
Dig in
Marie Krauter (centre) and Heather McNiven, two of the Ontario Shorthorn Lassies line up with the
other guests at the Ontario Shorthorn Club’s annual field day and picnic held at Bodmin Farms near
Belgrave Sunday. Bert Pepper was guest speaker at the event and several classes of cattle were
shown. Farthest guest was from Nova Scotia.
Ramsay unveils new Farm Financial
Assistance Package for Ontario Farmers
Ontario Minister of Agriculture
and Food David Ramsay recently
announced details of Ontario’s
1990 Farm Financial Assistance
Package.
The financial assistance package
announced by the Minister in
cludes: a Farm Income Assistance
Program comprised of short-term
interest relief assistance as well as
direct payments to grains and
oilseed producers; a two-year ex
tension of the ministry’s Operating
Loan Guarantee Program; and, for
the long term, the Ontario govern
ment’s commitment to work with
the agriculture community and the
federal government to develop
long-range, market-responsive
safety net initiatives.
SHORT-TERM INTEREST
ASSISTANCE
A $48 million allocation for
interest relief assistance from the
Ontario government, first an
nounced in the spring budget, will
be used to reduce debt carrying
costs by covering part of the
interest charged on farm loans.
Based on interest costs already
incurred, the interest assistance
will be calculated on the basis of a
25 per cent grant on interest paid in
1989 in excess of $5,000, to a
maximum grant of $3,000. For
example, if interest costs were
$16,000, the grant would be calcu
lated as ($16,000 - $5,000) x 25 per
cent = $2,750.
A farm business is eligible for
interest assistance if it generated at
least $15,000 in gross farm income
in 1989.
COMMODITY-SPECIFIC DIRECT
PAYMENTS
A federal government commit
ment of $35.3 million, which was
announced on May 29, 1990, has
been allocated to eligible Ontario
grains and oilseed producers.
Ontario farm businesses which
produced and harvested one or
more eligible crops during the 1989
crop year will receive a direct
payment based on 1989 acreage.
The payment will equal $5.80 per
acre on all eligible crops. The
eligible crops are: grain corn,
fodder corn, soybeans, winter
wheat, spring wheat, seed corn,
white beans, coloured beans,
mixed grains, canola, oats, barley,
buckwheat, rye, flaxseed, faba
beans, dry peas, sunflower seed,
triticale, lentils, canary seed and
safflower. For example, if a farm
business produced and harvested
150 acres of eligible crops in 1989,
the direct payment would be calcu
lated as 150 x $5.80 = $870.
Ontario and the federal govern
ment are continuing negotiations,
on a priority basis, to establish
similar direct-payment programs to
Ontario’s fur and horticulture in
dustries.
As well, consultations are on
going, between ministry staff and
fur, fruit and vegetable commodity
groups, to determine appropriate
methods for making payments to
eligible producers.
APPLICATION FORMS
Ontario’s Ministry of Agriculture
and Food will be mailing out
application forms for the interest
assistance and the grains and
oilseed components of the 1990
Farm Financial Assistance Package
in the next few weeks. Cheques are
targeted to reach producers by late
summer.
OPERATING LOAN
GUARANTEE
Another element of the program,
the two-year extension of the
ministry’s Operating Loan Guaran
HENSALL LIVESTOCK
SALES LTD.
SALES REPORT
At the market on July 5 there were 518 cattle on offer, consisting of 234
heifers and 284 steers. The market met an active demand on steers selling
higher.
Twenty-six steers consigned by Ken Beares averaging 1313 lbs. sold for
$90.70 with a top sale of $98.50. Purchased by Corsetti Meat Packers.
Twenty-one steers consigned by Arnold McCann averaging 1269 lbs. sold
for $92.25 with a top sale of $93.50. Purchased by Norwich Meat Packers.
Twenty-four steers consigned by Kerslake Farms averaging 1273 lbs. sold
for $91.50 with a top sale of $94. Purchased by Corsetti Meat Packers.
Twenty-one steers consigned by Ed McCann averaging 1314 lbs. sold for
$90.75 with a top sale of $95. Purchased by Corsetti Meat Packers. Ten
steers consigned by J. A. McCann & Sons averaging 1265 lbs. sold for
$90.55 with a top sale of $93.50. Purchased by Norwich Meat Packers.
Eleven steers consigned by Gary Steeper averaging 1340 lbs. sold for
$89.60 with a top sale of $92.25. Purchased by Norwich Meat Packers.
Sixty-seven steers consigned by VanOsch Farmsaveraging 1179 lbs. sold
for $91. with a top sale of $92.75. Purchased by St. Helens Meat Packers.
Twenty heifers consigned by Freiburger Farms averaging 1092 lbs. sold
for $92.55 with a top sale of $110. Purchased by Norwich Meat Packers.
Eight heifers consigned by Cor De Corte averaging 1114 lbs. sold for
$87.50 with a top sale of $90.25. Purchased by Norwich Packers. Seven
heifers consigned by Ross Corbett averaging 1056 lbs. sold for $87.05 with
a top sale of $91. Purchased by Corsetti Meat Packers. Twelve heifers
consigned by Doug McBride averaging 1157 lbs. sold for $87. with a top
sale of $88.50. Purchased by Corsetti Meat Packers. Nineteen heifers
consigned by Galeir Farms averaging 1147 lbs. sold for $87. with a top sale
of $90.50. Purchased by Corsetti Meat Packers.
0WNER&MANAGER SALESREP.
BARRY MILLER 262-2831 JOEZEHR
235-2717 887-9599
tee Program, will provide guaran
tees on operating credit for re
newals of 1990 loan guarantees. As
part of this, farm family advisors
will work with applicants to help
them develop farm plans which will
assist in improving their financial
positions.
LONG-TERM INTIATIVES
Ministry officials will continue to
work with the farm community and
the federal government to further
investigate and develop long-term,
market-responsive, safety net intia-
tives for Ontario farmers.
“Our long-range goal is to
reduce the need for ad hoc assis
tance programs and foster greater
competitiveness for Ontario’s agri
food community,” Ramsay said.
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Farm
Livestock report
Cattle prices higher
at Friday sale
The market at Brussels Livestock
Inc. Friday sold on a good demand
from $1 to $2 higher on the top
yielding cattle. There were 210
slaughter cattle and 115 hogs on
offer. Good to choice steers sold
from $85 to $90 to the high of $94
per hundred weight.
Eight steers consigned by
George Blake, RR 2, Brussels
averaged 1179 lbs. sold for $91.81
to the high of $94. Two steers
consigned by Jim and Les Stephen
son, RR 1, Ethel, averaged 1170
lbs. sold for $89.15.
Five steers consigned by Tom
Detzler, Sr., Mildmay averaged
1310 lbs. sold for $88.95. Three
steers consigned by Tom McPher
son, RR 3, Tees water averaged
1270 lbs. sold for $88.91. Two
steers consigned by Bob Hoover,
RR 2, Atwood averaged 960 lbs.
sold for $88.50. Seven steers
consigned by Mark Matheson, RR
1, Listowel averaged 1045 lbs. sold
for $87.87. Two steers consigned
by Calvin Semple, RR 1, Ethel
averaged 1325 lbs. sold for $87.85.
One steer consigned by Ross
Stephenson, RR 1, Ethel weighed
1250 lbs. sold for $87.50. Twelve
steers consigned by Bruce Bros.,
Belgrave averaged 1343 lbs. sold
for $86.30 to the high of $90. Three
steers consigned by Gordon Mann,
RR 2, Wroxeter averaged 1250 lbs.
sold for $85.84.
Good to choice heifers sold from
$84 to $87 to the high of $93. One
heifer consigned by Tom Detzler,
Sr., Mildmay weighed 1160 lbs.
sold for $88. Two heifers consigned
. by Dave Matheson, RR 1, Listowel
averaged 983 lbs. sold for $87.62.
Thirty-two heifers consigned by
Bruce Corrigan, RR 1, Bluevale
averaged 1026 lbs. sold for $85.55
to the high of $93.
Six heifers consigned by Bill
MacDonald, RR 1, Mt. Forest,
averaged 1047 lbs. sold for $84.74.
One heifer consigned by Bob
Nowack, weighed 1090 lbs. sold for
$94. One heifer consigned by Mike
Richardson, RR 3, Harriston aver
aged 1130 lbs. sold for $83.75.
There were 50 cows on offer: DI
and D2 cows sold for $60 to $65; D3
and D4 cows, $55 to $60.
Three cows consigned by Ken
Pike, RR 3, Palmerston averaged
1143 lbs. sold for $66.95. One cow
consigned by Doug Mitchell, RR 3,
Walton weighed 1270 lbs. sold for
$66.75. One cow consigned by Tom
Detzler, Sr., Mildmay weighed
1330 lbs. sold for $62.75. One cow
consigned by Joe Semple, RR 1,
Ethel weighed 1270 lbs. sold for
$62. One cow consigned by John
McIntosh, RR 5, Brussels weighed
1530 lbs. sold for $61.75. One cow
consigned by Geo. Duncan, RR 3,
Mitchell weighed 1370 lbs. sold for
$61.50. Two cows consigned by
Ron Brooks, RR 3, Lucknow aver
aged 1205 lbs. sold for $61.17. One
cow consigned by John Howard,
RR 7, Lucknow weighed 1560 lbs.
sold for $60.
Pigs under 40 lbs. sold at $92.36;
40 - 50 lbs., $90.45; 70 lbs. and
over, $92.09.e
HEART
AND STROKE
FOUNDATION
OF ONTARIO
IMPROVING
YOUR ODDS
AGAINST
CANADA'S
#1 KILLER.