HomeMy WebLinkAboutThe Lucknow Sentinel, 1988-05-25, Page 3ment cuntr. )i,tc equally to the fund which
currently stands at about $40 million. Ad-
ministrative .osts are borne by the
governments and are not financed by
producers.
This is the second .cattle stabilization
payment since the till, '-cite agreement
was signed in 1986.
$5 million for hogs
More than $5 million in first-quarter
payments will be sent to hog producers
enrolled in the National Tripartite Price
Stabilization Scheme. Cheques will be in
the mail before the end of May.
The announcement was made today by
the National Stabilization Committee of
representatives from producer groups and
federal and provincial governments..
All participating producers in Ontario,
Manitoba, Saskatchewan , and Alberta,
where tripartite agreements have been
signed between provincial and federal
governments, are eligible for the first-
quarter payment of $3.14 per hog. This is
the difference between the support price of
$143.05 and the average market price.
Hog prices, which were high in 1986 and
1987, fell to $139.11 per 100 kilograms in the
first quarter of this year — $20 per 100
kilograms less than a year earlier.
Producers and provincial and federal
governments contribute equally to the hog
tripartite stabilization fund, which cur-
rently stands at $120 million. Ad-
ministrative costs are borne by the two
levels of government and are not financed
by producers.
The program was established in 1986 to
stabilize returns to the hog industry.
$1.5 million for beans
Interim payments totalling nearly' $1.5
million will be sent to Ontario and Alberta
colored'bean producers enrolled in the Na-
tional Tripartite Price Stabilization Pro-
gram. Cheques should be in the mail by the
end of May.
The announcement was made today by
the National Stabilization Committee of
representatives from producer groups and
federal and provincial governments.
About 580 colored bean producers in On-
tario and Alberta, where tripartite
agreements have been signed between
provincial and federal governments, are
eligible for interim payments based on
1987 crop yields. Kidney and cranberry
bean growers will be paid $44 per tonne.
Producers of other dry edible beans —
Great Northern, red Mexican, pinto,
black, pink, yellow -eye and Dutch brown
— will be paid $60 per tonne.
A stabilization payment is triggered
when the market price drops below the
support price. The support price is the
price guaranteed to colored beap pro-
ducers under the tripartite agreement.
The interim stabilization payments are
based on 75 per cent of the difference bet-
ween support prices and their estimated
average market returns.
The 1987 support prices are $595.81 per
tonne for kidney and cranberry beans, and
$485.89 per tonne for other dry edible
beans.
Producers and both levels of govern-
ment contribute equally to the stabiliza-
tion fund through annual premiums. Ad-
ministrative costs are borne by the two
levels of government and are not financed
by producers.
The program was established last year
to stabilize returns to the bean industry for
a 10 -year period.
0
Luckuow Sentinel, Wednesday, May 25, 1988—Page 3
Tripartite to pay cattle producers $$ million
More than $8 million will be paid in July
to slaughter cattle producers enrolled in
the National Tripartite Price Stabilization
Program.
The announcement was made recently
by the National Stabilization Committee of
producers and 'representatives from
federal and provincial governments.
All participating producers in Alberta,
Ontario and Prince Edward Island, where
tripartite agreements have been signed
between provincial and federal govern-
ments, are eligible for the $37.91 pe' head
payment for the first quarter of 1988. '1 tus
is the difference between the support price
of $84.10 per hundredweight and the
average market price of $80.81 per
hundredweight.
The payment will help stabilize returns
to the cattle industry which is currently go-
ing through a herd rebuilding phase. High
feeder cattle and calf prices have been the
primary influences in triggering this first-
quarter payment.
Producers and both levels of govern -
Bean growers
asked to vote
Canola and colored bean growers will be
asked to vote between May 17 and 30 on
proposals made by their respective
associations, Jack Riddell, minister of
agriculture and food announced today.
The two separate votes will be conducted
. by the Farm Products Marketing Commis-
sion by mail -in ballot.
Both the Ontario Canola .Growers'
Association and the Ontario Coloured Bean
Growers' Association have asked to be
designated as the representative associa-
tions for all Ontario producers of each
commodity under Section 13 of the Farm
Products Marketing Act and for authority
to collect fees on each tonne of commodity
sold.
The two associations want to increase
and improve the marketing of their com-
modities. To obtain funds for that purpose,
they propose a mandatory, non-refundable
fee on each tonne of commodity sold by
growers.
Ballots will be mailed by the Ontario
Farm Products Marketing Commission on
May 17 to all known growers of the two
commodities. Other growers can obtain a
ballot through their local OMAF office.
All returned ballots must be postmarked
no later than May 30.
Changes ie
registrations
Ontario's Ministry of Transportation
this week announced changes to the vehi-
cle registration system allowing greater
flexibility to industry in renewing com-
mercial vehicle registrations. The changes
will take effect June 6 of this year and af-
fect heavy commercial and farm vehicles
as well as school buses.
Currently, registrants of these vehicles
must renew every March and must pur-
chase only three, six, nine or twelve-month
periods of validation.
"Beginning June 6, registrants may pur-
chase validation for these vehicles on any
date within a minimum of three and a
maximum of twelve", says Transportation
Minister Ed Fulton.
Fulton also explained there will be a
policy change allowing credit and refunds
to be based on the number of unused mon-
ths remaining m a validation period.
"This will be a more equitable system
for registrants who no longer require a
vehicle on the raod but have already paid
for its registration," says Fulton.
Fee schedules have already changed
because of a "collapsing" of the registered
gross weight ranges to become consistent
with the Canada -wide standard of 500 kg
and 100 kg weight increments. Here
registrants will experience a nominal in-
crease or decrease depending on the new
weight range they've selected.
New for
W66.STOHOMPSON
NS LiTo.
988
HIGH BOY FIELD SPRAYER
• 60 foot boom
• Foam markers
• Drop pipes available
Now booking acreage for spring work
g p g
Corn, soybeans, spring and winter grains, white bean
herbicides all available for application.
Round -Up Spraying .. No Acreage
Available Too Large or Too Small
/1•V'%„,
a INN.
FERTILI ZERS
Hensall 262-2527
Seaforth 345-2545 Mitchell 348-8433
Port Albert 529-7901 Ailsa Craig 293-3223 Granton 225-2360