The URL can be used to link to this page

Home My WebLink AboutThe Lucknow Sentinel, 1993-06-09, Page 20° rage 2'0 1,nekttow Sentinel, Wedne'sday..Jtine Farm family advisor shares confidences Many of us would agree that the 'agricultural community has seen more than its share of financial set- backs in the last decade. But in certain parts of the province, this past season has dealt a serious economic blow. For producers in financial stress, OMAF provides, upon request, the service of a Farm Family Advisor. An advisor is a fellow farmer, from a distance to assure confidentiality, who is capable of all the necessary financial paper work of production forecasts, monthly cash flows, asset -liability statements and debt service calculations. An advisor, if requested by the farmer, can attend meetings with creditors and sup- pliers and help work towards solutions. The advisor's job is to understand a farm business, outline possible options, and recommend the best apparent course of action. The strength of •an advisor is his/her role as a peer counsellor, that is, from the same background and type of farm operation. Con- fidentiality is always maintained. When it comes to options and solutions, there is.no new magic. It all settles down to variations of refinancing, partial asset liquidation or down -sizing, pursuit of additional off -farm income,., or the complete 1992 NISA Program Applications for the 1992 NISA Program are currently being completed as the July 31 deadline. approaches. Questions arise concerning how much money do I spend, what forms • do I need; what numbers go where, etc. The end result needs to be understanding of how the program works and a proper- ly completed application. With this in mind, a workshop is planned. for Wed., June 23, at 7:30 p.m. in the seminar room of the Ontario Ministry of Agricul- ture and Food office in Clinton. Preregistration is required by contacting the office at 482-3428 or 1-800-265-5170 by Fri., June 18. The purpose of the workshop will be to give an overview of the forms required, to look at key areas on the forms, to dis- cuss the purpose of the program and to answer questions. A NISA account can be used ' for several purposes. As a "safety net", it allows' withdrawals when the farm's gross margin falls below average or when the individual or farm family's 'taxable income falls below $10,000 or $20,000 respectively.om or se er NISA will be used as another retirement savings vehicle. If you are completing your own application or wish to gain a better understanding of the program, register today for the NISA workshop on Julie 23. Township of West Wawanosh lst InsatIlment of 1993 Taxes is Due JUNE 15, 1993 .,Payments payable at the .Municipal Office, hot ' 1$ Con. 8, in person or by mail to R.R. 2, Lucknow, NOG 2H0. Penalty of 1 1/4% per month is Imposed on late payments. The Municipal Office Mite cids.ed Monday, Tuesday and Wednesday, Jurle 21, 22 and 23. ter, '11111111 FARM REPORT Bruce County,, OMAF Al liquidation of a farm business in as orderly a manner as possible. It will probably be the first time the farm family has had to face these choices, and this is where the advisor can be•especially helpful. Most advisors have worked at their roles for several years, many have also worked with Farm Debt Review system, and all have seen numerous situations involving these options. A further strength of the Farm Advisor asa peer counsellor, is his/her willingness to spend the extra time,, often late at night around the kitchen table, when the talk turns from•'production numbers, debt servicing and refinancing op- tions, to the equally important is- sues of emotional feelings, impact on the family and status in the community. All fellow farmers share the same sense of time and place. This is a common bond, that perhaps a professional consultant, creditor, banker or supplier doesn't understand as well. Anyone can access the Farm Family Advisor Program by contac- ting his/her local OMAF office or by calling the Program Co-ordinator at 1-800-265-4347. Don Agar Agricultural Representative Pesticide Container Recycling This time of year, we see lots of empty pesticide containers around the countryside. In the past, these would have gone to the landfill - out of sight., out of mind, Today, however, there is a better way! You can bring your empty, triple- rinsed metal or plastic pesticide containers to collection depots this spring, and again this fall. These will be collected and inspected. Metal containers will enter a regular recycling program, while plastic containers will be shredded and re- molded into objects like parking lot curbs or fence posts. Collection sites in our area are Sprucedale Agromart in Hanover and Lucknow District Co -Op from June 21-25, and Sprucedale Agromart in Tara from June 28 -July 2. Call the OMAF office for more details. Keith Reid, Soil & Crop Advisor Brussels livestock report The market at Brussels Livestock was on a fully steady trade. to last week, -ending June 4, on all classes of cattle. T+tiitc,re were 451 steers on offer; selling from 100.00 = 105.00 to the high of 113.00. Fifteen steers, . consigned by Maple Emblem Farms, Dungannon,', averaging 1271 lbs. sold for an . average of 101.85 with sales- to 108.75. 'Five steers consigned by Norm McClinchey, Auburn, `averaging 1462 lbs. sold for an average of 96J 1 with sales to 104.75 Seven steers consigned by Russel Kernighan, Goderich, averaging 1286 lbs. sold for an average of 98.43 with sales to 103.50 One steer, consigned by D. Porter, Goderich, weighing 1240 lbs. sold for .99.75 Eight steers consigned by Scott Kemighan,-Goderich, averaging 1245 lbs. sold for an average of 97.32 with sales to.98.25 Two steers consigned by John" Fielder, Goderich, averaging 1445 lbs. sold for an average of 90.60 with sales to 97.75 Thirteen steers consigned. by Gerald Geisel, Elmira, averaging 1410 lbs. sold for an average of 101.54 With sales to 113.00 There *ere 240 heifers on offer selling 'from 98.00 104.00 to the high of 1.10.00 • • Five heifers consigned by Ron Dietrich; Mildmay, averaging 1080 lbs. sold for an average of 99.87 with sales to` -110.00 One heifer, consigned by 'Doug Gallaugher, Shelburne, weighing 1144 lbs. sold for 108.00 Eleven heifers,°,consigned by A. & E 'Grainger Farms, Wroxeter, .. averaging 1024 lbs. sold for an average of 102.58 with sales to 104.00' . Three heifers consigned by David Proper, Wingham, averaging 1053. lbs.. sold for an average 98.58 with sales to 1'03.50 There were 290 cows on offer selling from 53.00 to 72.00 to the high of 78.00 Two cows consigned by Drennan Farms, Dungannon, averaging 1585 lbs. sold for an average of '68.53 with sales to 71.50 Four cows consigned by DaVid Colling, Ripley, averaging 1433 lbs. soldfor an average of 64.16 with sales to 66.00 Four cows consigned by Larry Wilkins, Lucknow, averaging 1328 lbs. sold for an average of 63.08 with sales to 66.00 Two cows consigned by Ralph Matthews, Auburn, averaging 1065 lbs. sold for an average of 63.55 with sales to 64.25 There were 132 veal on 'offer selling from 89.00 - 109.00 to the high of 115.00 Three veal consigned by Blake Lotton,. Ripley, averaging 553 lbs. sold for an average of 109.32 with sales to 111.50 Three veal consigned by Simon Logtenberg, Dungannon, averaging 543 lbs. sold for an average. of 100.12 -with -sales -to -10630--- • Two veal consigned by Andy Yoder, Lucknow; averaging 600 lbs. sold for an average of 108.47 with sales 'to 109.50 Lambs: 'under. 50 lbs,, .100.00 110.00; over 50 lbs., 105.00 , - 117.00 Huron County Community Child Abuse Co-ordinating Committee TEDDY BEAR DREAM AUCTION \We would like to thank all the people and businesses who made the "Teddy Bear Dream Auction" it great success. We raised over $18,000 for Child Abuse Programs. Thanks from the Fund Raising Committee. BARRY W. REID B.A. CHARTERED. ACCOUNTANT •Auditing .Financial accounting •Personal & Corporate Tax Consultation •Personal Financing Planning •Manual & Computerized Bookkeeping •Mortgage & Amortization Schedules 306 Josephine St, Wingham, NOG 2W0 Office: 357-1522 R. A. HAVENS'' ELECTRIC Residential. - Farm - Commercial Central Vac Installation New Services Rewiring of existing houses, garages, barns New lighting fixturet, decorative receptacle and light switches MOTION SENSITIVE LIGHT SWITCHES & OUTDOOR LIGHTS F c y, NO JOB TOO SMALL For all your electrical needs call: ROD HAVENS 528-2301 TREES We buy and sell a large selection of 4' - 25' Blue & White Spruce, Fled & Hard Maples, ,� White, Scotch &.�. Austrian Pines, White Birch Iny'S' singles and ef+ clumps Sy andri • REAY'S TREE PLANTING SERVICE LTD. For all dour TREE NEEDS CALL: 369-5153 •OR 369-2386 ciuuupOrmoclu iuuuuuWuuuuuuuuu uron County'8.Comple(e VEHICLE RENTAL Headquarters nd d i('a1(-111 PSiassal]enanger &Mi('arSlkoet Vousrs, Pickup Trucks 11 Daily, Weekly, Mottl1 ly n Insuritru•e lteulitls & Mute 11 Flee I)clIvc►y °g 11 Ask about our LIII v 1 IianspOIL►liun servte CAR AND TRUCK RENTALS t►I�I.du�I i tiii:wu,t t(,1‘1 . 500 l ]tit un ltel.:(;0(4'1 it'll CAU: COLLECT Ask Ga I Idol • 524-8347 �nnnnnnnh�nnn�nnnn�nonnnet,nn0 GOLD SEAL 213g Pink Salmon 1.39 v-8 1 36 L Vegetable Juice 1.69 MAPLE LEAF 454 g Canned Ham 3.99 MAPy'E ,cap • r Tenderflake Lard 1:29 500 rrI Nutriwhip 1.79 'LAWN CTA DEL' Cooked Ilam 2.5.9,,. 2L Pepsi Cola 1.59 . Prc,.i 0r j ' Celery 1.29 , Wal TOW...... STORE Moiti Fr 0 Bpm nprap.k Sat. 9.5:30 ,...... 8284420