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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. - Call me... you won't be sorry- Buying a used combine to harvest 200 or 2500 acres is serious business, you can't afford to be wrong Tom Pollard, Sales Rep., Res: 523-9166 Come and see our large selection of high quality • combines and headers and let us talk about low-Jl rate financing. Our Parts and Service Departments 'Sgwilibupportyou many years after the sale, Ask me... we take your business seriousgggg ini 1 U11D fl II Sa,es Department 01U llvn Blyth 523-4244 TRACTOR 1-800-265-9002 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.