The Rural Voice, 1987-05, Page 59Hydraulic Cylinder
and
Jack Repair Service
Oxygen & Acetylene Gases
Welding Equipment and Supplies
Imperial Eastman —
Hydraulic Hose and Coupling Centre
Global Tools & Equipment
LISTOWEL, ONTARIO 519-291-2280
an Ideal Supply company
ON THE FARM
Poultry & Piglet Brooding
Crop Drying
Building & Water Heaters
Motor Fuels
IN THE HOME
Barbecues & Accessories
Dryers, Pool, & Water Heaters
Home Heating
Cooking
FOR INDUSTRY
Carburation (fork lifts, Zamboni etc.)
Construction Heating
Motor Fuels
Water Heaters
Commercial Fryers, Ranges, Broilers
Dishwashers etc.
Superior Propane Inc.
Walkerton Owen Sound Stratford
Hwy. 9 W. Hwy. 70 519-271-0810
519-881-1270 519-376-6735 1-800-265-4915
Goderich
519-524-2661
58 THE RURAL VOICE
ADVICE
PROJECT IDENTIFIES
KEYS TO PROFITABLE
COW -CALF FARMS
Who makes a profit in the cow -calf
business? Last year, the average
Ontario cow -calf operation, according
to records submitted to the Ontario
Farm Analysis Project, had a net farm
income of $1,925. The top third, how-
ever, had an income of $14,347. What
was the difference between these
farms?
The top third:
• had 11 more cows than the average,
58 versus 47,
• weaned an average of 2 more calves
per 100 cows, 93 versus 91,
• sold their calves for more (under 500
pounds for 7 per cent more; calves
over 500 pounds for 2 per cent more;
and finished cattle for 8 per cent more),
• had $330,195 in assets versus the
average of $263,594,
• had slightly more debt, $35,159
versus $31,451,
• had an average of 211 tillable acres
versus the average of 182 tillable
acres,
• spent 5 per cent of the value of farm
production on interest versus 9 per
cent for the average,
• spent only 58 cents to produce $1 of
farm product, versus the 74 -cent
average,
• spent $396 a cow on feed versus the
average of $417 per cow,
• realized a return over direct costs of
$149 a cow where the average was
$110,
• spent $33 an acre growing crops and
produced $151 an acre, while the
average spent $29 an acre and produced
$119.
The difference? The top third real-
ized a 5 per cent return on their equity.
The average producer received less than
a 1 per cent return.
For more details about these
results, contact your OMAF office for
a copy of the Ontario Farm Manage-
ment Analysis Project — 1985. You
may also take part. After your 1986
records are finished, it should take only
a few hours to complete the input
book. As a participant in the red meat
program, you'll get a $100 one-time
payment — as well as some valuable
information.0
Carleton Farm Advisor