HomeMy WebLinkAboutThe Lucknow Sentinel, 1988-08-17, Page 12Page 12 --Lucknow Sentinel, Wednesday, August 17, 1988
BARRY W. REID B.A.
CHARTERED ACCOUNTANT
Auditing •Financial Accounting
*Personal & -Corporate Tax Consultation
*Personal Financial Planning
•Manual & Computerized Bookkeeping
•Mortgage &Amortization Schedules
306 Josephine St. Wingham, NOG 2W0 Office:
G
357-1522
West Wawanosh Mutual
Insurance Company
Dungannon
529-7922
Farm Protection For:
FARM OWNERS - Fite and Named Perik,
-Farm machinery - All external Perils, in
eluding Non -owned equipment.
-Livestock (named perils), Broad Form in-
cluding entrapment, electrical power inter-
ruption and fumes.
-Earnings Insurance.
-Farm Produce - Named Perils
-Comprehensive Farm Liability including
Limited Pollution Liability and Non -
licensed vehicles.
-Farm Auto.
•Free fire prevention inspections.
For a quotation, please contact any of the
following agents:
FRANK FORAN Lucknow 528-3824
LYONS & MULHERN Goderich 524-2664
DONALD R. SIMPSON Goderich 529-7567
JOHN NIXON Brussels 887-9417
DE:L\t - R SPROUL Auburn 529-7273
KENNETII MACLEAN Paisley 368-7537
SLAI)E INSURANCE
BROKERS INC. Kincardine 396-9513
LAURIE CA..1PBE;LL Brussels 887-9051
Huion
i"°' Landscaping
P g
Limited
R.R. 2 Lucknow
529-7247
Safe, affordable, quality play structures for
residential use; complete wan optional
and expandable features. We Include
a guarantee with substance.
HOURS:
Mon: Sat. 8-5; Closed Sundays
LUCKNOW
DISTRICT
COMMUNITY
CENTRE
OPEN DATES
Fridays: Aug. 19, 26. Sept. 2, 9, 23, 30
Saturday, August 20
Ronnie Carrick & Charlene Elphick
Saturday, August 27
Don Evans & Renee Duiker
"ONLY"
Call 528-3532, 9 a.m.-6 p.m.
STANDING FUELWOOD FOR SALE ON PRIVATE LAND
To improve growing conditions for valuable trees,
the Ministry of Natural Resources is thinning a
woodlot in Ashfield Township, and is assisting the
woodlot owner in selling marked, standing trees to
a reputable fuelwood contractor.
Details of this sale are:
Fuelwood Volume: 72 standard cords
(approximate)
Note: One standard cord equals 128 cubic feet, or
a pile of wood 4'x4'x8'.
Location: Dungannon area.
This fuelwood area will be sold as one lump sum
to one contractor - no partial sales.
For further information contact Harry Wilson,
Ministry of Natural Resources, R.R. #5, Wingham,
Ontario, NOG 2W0: Telephone: 519-357-3131 or
1-800-265-3003.
Ontario
Ministry of
Natural
Resources
Vincent G. Kerrio
Minister
Farmers reminded
of Field Day '88
Research and Technology
Field Day '88
Area farmers are reminded of the
Research and Technology Field Da) '88 at
the Elora Research Station, Tuesday,
August 30 from 10 a.m. to 4 p.m.
Many agricultural exhibits and displays
will be featured including gene mixing in
animal breeding, soil conservation, farm-
stead landscaping and biotechnology in
crop production.
Tours will be conducted throughout the
day explaining the 1988 Field Crop Trials,
Twinning in Beef Cattle, Meat Quality, By -
Pass Protein, Kiwi vs. Canuck Dairy
Cows, Herbicides of the Future, Soil Field
Trials, Computer Simulated Soil Erosion,
and Aquaculture Research.
Anyone wishing more information
should contact their 1 J. al OMAF office.
OMAF Summer
Experience Update
As August is now upon us, OMAF's Sum-
mer Experience Programs for young peo-
ple ages 15 to 24 are still in high gear but
are approaching their completion on
August 19, 1988.
FBruce County OMAF -
ARM REPORT
The Junior Agriculturalist Program,
which brought 10 urban youths to Bruce
County family farms, still has six young
participants who will likely remain since
they have come this far and all seem to be
well -liked by their host farmers.
The Agricrew Program has seen some
changes locally. After the loss of one
foreman in the Kincardine area, there is
now a new foreman for that crew.
In the Walkerton area, the second week
of August brought'a new, third crew to the
county to clean up the backlog of farmers
on the waiting list.
It is unfortunate that students could not
be found for a third crew earlier in the
summer to provide for more hay help, but
the ten days of work which the third crew
will be doing should hopefully benefit a
greater number of farmers than two crews
could.
Cattle prices plunge
"A 15 percent plunge in cattle prices
from May to early August has caused con-
siderable concern to cattlemen," said OCA
President, Bob Gregson.
Gregson said, "Both beef and pork sup-
plies in Canada and the United States have
been higher during the last two months
and this together with the negative effect
of hot weather on meat demand are the
major factors which have caused lower fed
cattle prices.
The drought has compounded the pro-
blem since yearling cattle on grass, par-
ticularly in Western Canada and the U.S.
mid and southwest, will have moved into
feedlots earlier than expected. This will
contribute to market bunching this
quarter, but could very well lead to lighter
than expected marketings in the 4th
quarter.
On a positive note though, `the OCA
President said that tripartite stabilization
payments were being triggered when beef
producers were in need of support. Presi-
dent Gregson told the OCA Board of Direc-
tors meeting that, "while there have been'
skeptics and others who would belittle the
tripartite stabilization programs, the
evidence of payments being triggered for
slaughter cattle in the fourth quarter of
1987 and first and second quarters of 1988,
should make believers out of many
cattlemen."
The fundamental principle of tripartite,
stabilization is that it is 'stop loss' or non -
incentive. Gregson said, "the program
models try to duplicate the reality of the
cattle feeding business and they do a very
good job of that in a national context.
The proposed changes to a monthly bas-
ed program will be more equitable for pro-
ducers who market seasonally and O('A
lobby efforts were responsible for the
recommendation by the National .Beef
-Stabilization Committee to change to a
monthly basis:" He went on to say, "if the
fed cattle market stays where it is for very
long, there will be a large stabilization
payment in the third quarter because
higher feed prices will be factored into the
costs which will raise the support level."
Gregson stated it is far too early to know
where grain, prices will settle out, but that •
it is grain prices rather than feed supplies
that .will be the main factor affecting
weaped calf prices this fall.
Watch cereal prices
Consumers should take special note of the
price of wheat based products, including
cake and pastry, cookies, biscuits, cereals
and bread.
The Ontario Wheat Producers' Marketing
Board says as far as wheat is concerned,
there should be no increase in the shelf price
of wheat based products due to recent price
changes for raw wheat.
In keeping with the federal government's
decision to alter the Two Price Wheat
Policy, the board has been forced to lower
the price of wheat to processors from the
$257.00 per tonne ( $7.00 per bushel) level in
effect for the past two years, to $228.00 per
tonne ($6.20 per bushel) for August and
September.
In a normal crop year, about 25% of pro-
ducers' wheat goes into the domestic human
consumption market under the Two Price
Wheat Policy while the remaining 75% must
go export at below cost of production levels,
which average $147.00 per tonne ( $4.00 per
bushel).
Officials of the marketing board say pro-
ducers are fed up with product price in-
creases being blamed on the price of wheat,
and consumers should clearly understand
the price of wheat represents a very in-
significant percentage of the shelf price of
most products.
Depending on the product, the value of
wheat in end products ranges from between
2% and 10%. According to Statistics
Canada, labour is the major cost component
in the processing and distribution of bakery
and other cereal products, accounting for
30% of the retail price. Wheat, sugar and
vegetable oils are the main agricultural in-
puts and represent about 15% of the retail
price.
The marketing board suggests that con-
sumers should check shelf prices and de-
mand to know why price increases occur
particularly when wheat prices decrease or
remain constant.
Manufacturers have suggested lower
wheat prices,would enable them to compete
With imports. However, they do not
guarantee a reduction in the shelf price in
Canada, and it is very doubtful that the shelf
price of imported products will decline
either.
Calf Club
The fourth meeting of the Lucknow Calf
Club was held August 8 at 7:30 p.m. The
meeting included a tour of the Wingham
Co-op.
The group, while touring the building,
learned the way corn and grain is used in
different feeds. Following the tour, a guest
speaker from the Teeswater Co-op spoke
to those in attendance.
The meeting then moved back to
Coultes'. The next meeting will be held
August 25 at St. Helen's Hall.