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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