HomeMy WebLinkAboutThe Lucknow Sentinel, 1989-08-23, Page 10Page 10-ftLueknowilgentinel,'Wednegday9 Aug al34!
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lhe-:eastAmdlo# hesa wr iv d:; tstacelift mmisti of 'removing -the gold and :erecting the new. (Pat Livingston
-as the =mow oni antn7Regg ; nstrnetion nsde•_.sorrt hoto )
Hog producers
squeezed by
high costs
Hog producers enrolled in the Na-
tional 'Tripartite Price Stabilization Pro -
grain will receive payments of $3627
per "hog for the second quarter of 1949.
Cheques will be sent to the 23,000 pro-
ducers -enroll in the voluntary plan.
The announcement was made today
by the National Stabilization Committee
on behalf of producers and federal and
provincial governments.
Despite improvements in .prices and
costs, the national market price fell
short of the support level. The second
quarter national price is up $8 from the
first :quarter but still $18 below yearago
prices and $56 below 1987 prices. Costs
fell slightly in the second quarter but
were still $30 per hog more than a year
ago.
Hog producers -enrolled in the pro-
gram are eligible for the $36.27 per hog
payment based on the difference bet-
ween the support..price of $175.89 per 100
kilograms and the average national
mark -et pris=e of $129.93 per 100
kilograms rru ltipiied by an average hog
weight of 7&9 kilograms.
The national committee noted that the
bog cycle is beginning to enter an up-
turn phase after a year and a half of
depressed prices.
Producers and both levels of govern-
ment contribute equally to the fund.
Cheques will be mailed by the end of
August.
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Blenheim 676-5411
• -Hensa11 - 26272527
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-Pontypool '277-2002
-200.2
Granton 226 2160
: eaf orth 3i1:5-2545
`-Port .-Albert . 549:7901
;Rodney 7 35-O42()
"tient Brides '3,52631,1
Ailsa Craig 29,3:232 23
L L iT S
Howson & Howson. =Blyth 5 424,,1
men *R. Compboll Farms. ` oblin 527..0:137
` 1r-nerston -:Elev tors Ltd. 343-3702
Bar -Dee .arms ,t l.. orrt•1 1m 347-29 6
r� in Co-op Services. •.Aylmer 4£3,1-2670
LICfc) Alvinston . A1vinston ,$98-286:1