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HomeMy WebLinkAboutThe Citizen, 1989-04-19, Page 12.-r'-... PAGE 12. THE CITIZEN, WEDNESDAY, APRIL 19, 1989. te Future Farm Quota study released by Ontario Egg Board Ross Proctor, president of Bodmin Limited of RR 5, Brussels was on hand March 29 for the opening of the George Morris Centre for Agriculture and the Future at the University of Guelph. Mr. Proctor, a member of the centre’s steering committee, poses with Marilyn Robinson of the university’s development office and George Morris, the Merlin-area farmer who is the inspiration behind the “think tank in policy development for Canadian agriculture.” - University of Guelph photo. _________________ __________ Stockyard report Market active at Brussels The market at Brussels Livestock Inc. Friday met an active demand on all classes of slaughter cattle, with choice steers and heifers selling $1.00 higher. There were 516 slaughter cattle, 75 feeders and stockers, 280 pigs, and 53 sheep and lambs on offer. Choice steers sold from $92 to $94 with sales to $105. Good steers were $88 to $92. One steer consigned by Joe Borth of RR 2, Mildmay, weighing 1270 lbs. sold at $97.50. Seven steers consigned by G. A. Stewart Farms of RR 2, Ripley, averaging 1156 lbs., sold for an average price of $96.84 with two steers averaging 1140 lbs., selling at $99.60. Six steers consigned by Garry Potter of RR 3, Clinton, averaging 1008 lbs., sold for an average price of $95.36. Fourteen steers consigned by Maple Emblem Farms of RR 1, Dungannon, averaging 1212 lbs., sold for an average price of $94.71, with one steer weighing 1200 lbs., selling at $102.75. Five steers consigned by Ross Battin of RR 2, Monkton, averaging 1304 lbs., sold for an average price of $94.66. Five steers consigned by Paul Johnston of RR 2, Bluevale, averaging 1196 lbs., sold for an average price of $94.15, with one steer weighing 1180 lbs. selling for $103.25. Three steers consigned by William Mc- Whinney of RR 6, Goderich, Ont., averaging 1163 lbs., sold for an average price of $93.36. Four steers consigned by Paul Smith of RR 2, Listowel, averaging 1170 lbs., sold for an average price of $92.86. Fifteen steers consigned Spring Sprayer tune-up essentia! farm ritual With the spring planting season quickly approaching, the prepara­ tion of tillage and planting equip­ ment is now high on a farmers’ “things to do’’ list. OMAF Energy Engineer, Helmut Spieser, says the farm sprayer should also be on that list of priorities. “Too often,’’ says Spieser, “the sprayer is left in storage until late May just before it’s going to be used. What usually happens is that farmers either miss opportunities to spray while conditions are right because the sprayer isn’t ready or they go ahead and spray with the equipment as is and hope for the best. That can be costly.” According to Spieser, an early maintenance check of the farm sprayer shv J.d ^nlv take a couple ot by Cecil and Karl Raszmann ot KK 1, Monkton, averaging 1349 lbs., sold for an average price of $92.10. Twenty-three steers consigned by Geo. Underwood Farms of RR 1, Wingham, averaging 1328 lbs., sold for an average price of $92.31. Fifteen steers consigned by Mur­ ray Shiell of RR 3, Wingham, averaging 1189 lbs., sold for an average price of $92.10. Twelve steers consigned by Glen Johnston of RR 2, Bluevale, averaging 1383 lbs., sold for an average price of $92.09. Sixteen steers consigned by Tom and Roger Moore of RR 4, Goderich, averaging 1196 lbs., sold for an average price of $91.94. Six steers consigned by Jack Giousher of RR 4, Wingham, averaging 1175 lbs., sold for an average price of $91.57. Choice heifers sold from $91 to $94 with sales to $100.75. Good heifers were $87 to $91. Three heifers consigned by Ken Pike of RR 3, Palmerston, averag­ ing 1060 lbs., sold for an average price of $95.87. One heifer consign­ ed by Kevin Johnston of RR 2, Bluevale, weighing 1070 lbs., sold for $95.50. Four heifers consigned by Del­ mar Sproul of RR 3, Auburn, sold for an average price of $94.05 with an average weight of 1020 lbs. Six heifers consigned by Don Fraser of RR 2, Blyth, averaging 1075 lbs., sold for an average price of $93.59. Two heifers consigned by Art Anderson of RR 1, Seaforth, aver­ aging 1195 lbs., sold for an average price of $93. Three heifers consign­ ed by Jim and Les Stephenson of RR 1, Ethel, averaging 1020 lbs., hours. He says that time is easier to come by now than it is later. Here’s a checklist of what to do. •clean all filters, screens and nozzles •install the correct nozzles for the type of chemical and rate of spray mix required •make sure all nozzles are iden­ tical •have the pressure gauge check­ ed by a farm dealer to make sure it’s accurate •run water through the sprayer to check for leaks and then either store it where it won’t freeze or drain it completely again •locate the necessary protective clothing including coveralls, boots, gloves, goggles and respirator •obtain a calibration kit sold at an average price ot $92.24. Slaughter cows were: DI and D2 cows, $54 to $58; D3 and D4 cows, $50 to $54; canners and cutters, $45 to $48; bologna bulls, 1600 lb. and over, $67 to $76.25; under 1600 lbs., $58 to $74. Weaner pigs, under 40 lbs., sold from $25 to $43.50; 41 to 50 lb., $47.25 to $59.75; 51 to 60 lb., $34 to $58.75 ; 61 to 70 lb., $55 to $58; 70 lb. and over, $33.25 to $47.60. Lambs, 30 to 50 lbs. sold from $1.00 to $1.40 per pound; 50 to 70 lb., 70 cents to $1.00; sheep, 20 to 35 cents per pound. At Cook’s we have the people and products to help you grow profitably Let Cook’s help you get your crop into the ground this spring. We handle a full range of dry and liquid fertilizers, crop protection products and quality seed. With over 100 years of experience, the experts at Cook’s can help you develop a crop program that’s both economical and effective in reaching your yield goals. For everything you need this spring, come to Cook’s. Nobody puts more into helping you grow a profitable crop. Branches: Hensail (519) 262-2410 Centralia (519) 228-6661 Kirkton (519) 229-8986 Walton (519) 527-1540 Amberley (519) 395-3601 Atwood (519) 356-2292 Division of Parrish & Heimbecker. Limited Nearly three years after the Ontario Egg Producers’ Marketing Board commissioned a study on egg quota, the results have been released. Entitled “A Financial Analysis of the Egg Quota Market in Ontario”, the 30-page report summarizes the results of this study conducted by graduate stu­ dent Mike Scally and Professor Larry Martin of the Department of Agricultural Economics at the Uni­ versity of Guelph. The objectives of the study were to identify the factors that have an impact on quota price; to measure the relative importance of these factors; and to point out areas of focus by the Board for selecting policy instruments to control quota price. Based on interviews with pro­ ducers and members of the egg industry, the study identified pro­ fitability as the most important factor affecting the price of egg quota. The study found that the most efficient producers and those who were able to integrate into related parts of the egg industry were able to generate higher levels of cash flow and therefore out-bid the rest of the market for available quota. High equity, and large For Your FERTILIZER and CHEMICAL needs call CARGILL FERTILIZER (formerly Cyanamid Farm Supply) 233-3423 (from left to right): Frank Catry - Hensail Agri-Sales Representative, 2 years with Cook’s Harold Foster - Centralia Agri-Sales Representative, 15 years with Cook’s Paul Bushell - Amberley Branch Manager, 2 years with producers were also able to out-bid smaller and highly leveraged pro­ ducers due to their ability to gain access to larger amounts of bor­ rowed capital. The study also found that Board imposed transaction costs, producer expectations and interest rates had a significant affect on the price of quota. Based on these results, the authors conclude the Ontario egg industry will move toward greater concentration and integration. The report contains a number of recommendations to reverse this trend including: Board policies to lower production margins; increase the cost of funds; reduce the expected salvage valve; and short­ en the time horizon over which producers evaluate quota benefits. The report also identifies areas of future study, including a two-price or multi-price system which would take advantage of the growing industrial egg market, thereby reducing the current market pres­ sures on table egg quota. To this end, the Ontario Egg Board announced at their Annual Meeting that such a study has been commissioned through OMAF. Re­ sults are expected later this sum­ mer.