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HomeMy WebLinkAboutThe Citizen, 1993-01-13, Page 11College hosts income tax update Hallrice honour Jamie Hallahan (left) of RR 3, Blyth receives the Top Senior Heifer trophy from Lavern Clark of the Blyth Vet Clinic for having the top senior heifer in the Hallrice Dairy 4-H Calf Club. The trophy presentation was Saturday night at Snell's Restaurant in Westfield. y Keith Rouisto Numbers tell story on crop coverage Crop insurance coverage for losses on the 1992 white and soybean crops is considerably higher than coverage on the corn crop, figures pro- vided to Huron County Council's Agriculture, Planing and Development Committee show. The figures presented by Bob Humphries, Ag Rep for Huron, show that farmers are more conscientious in covering bean crops than they are corn, and the result is that the loss will hurt the local economy more. Huron farmers grew 100,000 acres of soybeans in 1992 with 75,000 acres covered under crop insurance. In white beans, 42,000 acres were grown with 35,000 acres covered by insurance. But by far the biggest crop in the county is corn with 200,000 acres planted (175,000 to grain corn, 25,000 acres to silage). Of that, only 100,000 acres was covered by crop insurance. Speaking to the committee in December, Mr. Humphries said the crop crisis has hurt in other ways. Custom operators, for instance, saw their contracts for harvesting cancelled. Township reeves were even worried about the ability of farmers to pay their taxes. Farmers even had problems emptying their manure pits because the crops weren't off so they could spread the manure on the land before it was plowed. If the disaster has produced a bumper crop of one thing, however, it is stories for the survivors to pass on down to their grandchildren. How about harvesting soybeans at Christmas, or corn in January. Plowing in January, not totally unknown in the past few years if still unusual, has been a familiar sight around the county in the past few days with very little snow and the cold temperature firming up the fields enough for farmers to get to work. Farmers, though having a reputation of loving to complain, would no doubt prefer to tell their grandchildren about a year when everything went right and they got to pay off the bank loan and buy some new equipment. BRUSSELS LIVESTOCK Division of Gamble & Rogers Ltd. UPCOMING SALES TUESDAYS THURSDAYS FRIDAYS 9 a.m. Finished Cattle & Cows 11:00 a.m. Dropped Calves Veals followed by Goats Sheep & Lambs 10:00 a.m. Stocker Cattle 1:00 p.m. Pigs BRUSSELS 887-6461 Don't let this year's wet corn dampen the performance of your starter pigs. noose one of Shur-Gain's performance tested pig starter feeds: NEW • PROMPT Creep Feed i• HOT NURSERY Pig Starter • PREMIUM Pig Starter NEW 1. PERFORMANCE BOOSTER Pig Starter Call tour local Shur-Gain dealer today • PERFO PORK Pig Starter Pellets choose the right stance to fit your specific needs. SHUFAIN and have our Swine Feeding Specialist help you *DAUPHIN FEED & SUPPLY LTD. WALTON 1-800-665-5675 887-6023 Profit from our experience. DUNGANNON 529-7951 one just Canada's change. equipment, IN roof. have 9:30 largest You'll You'll to do 1993, EARLIER products a.m. it still JANUARY 9:30 indoor be still a few to 5:30 a.m. and be able THE farm able weeks p.m. to THAN services show to see to do earlier 4:00 BIRD 19-22,1993 Tuesday . has the ever it for p.m. than widest thru Friday made four USUAL. assembled WILL usual. Thursday range days. a major of under You'll BE farm FARM CANADIAN The EQUIPMENT 1993 INTERNATIONAL SHOW Toronto International Centre 6900 Airport Road, Toronto, Ontario Sponsored by: For more information ITIE contact or call As Supported by: 0.W.F.E.A. farm equipment dealer your local (705)741-2536 THE CITIZEN, WEDNESDAY, JANUARY 13, 1993. PAGE 11. Brussels Livestock Report Light run of pigs Sales at Brussels Livestock for the week ending Jan. 8 were: fed cattle, 872; cows, 374; veal calves, 258; sheep and goats, 60; stockers, 625; and pigs, light run. All classes of cattle sold on a steady market at Brussels Live- stock. There were 476 steers on offer selling from $97 to $104 to the high of $116.75. Twenty-eight steers consigned by Gerald Geisel, Elmira, averaging 1446 lbs. sold for an average of $105.16 with sales to $116.75. Eight steers consigned by Fraser Diehl, Milverton, averaging 1297 lbs. sold for an average of $100.77 with sales to $112.50. Thirty-eight steers consigned by Cunningham Farms, Lucan, averaging 1465 lbs. sold for an average of $99.64 with sales to $106. Six steers consigned by Gordon Borth, Mildmay, averaging 1373 lbs. sold for an average of $100.39 with sales to $106.50. Forty-two steers consigned by David Millsap, Creemore, averaging 1425 lbs. sold for an average of $101.47 with sales to $104.50. Two steers consigned by Irvin Schenk, Petersburg, averaging 1285 lbs. sold for an average of $101.75 with sales to $103.25. One steer consigned by Robert Wanless Sr., Palmerston, weighing 1360 lbs. sold for $103. Seventeen steers consigned by Doug Gear, Orton, averaging 1386 lbs. sold for an average of $101 with sales to $103.25. Twenty- eight steers consigned by Martin Metske, Lucknow, averaging 1264 lbs. sold for an average of $97.32 with sales to $101.75.Sixty-nine steers consigned by Mervin Johnston, Owen Sound, averaging 1200 lbs. sold for an average of $98.01 with sales to $100.25. There were 378 heifers on offer selling from $97 to $102 to the high of $116. Thirty-three heifers consigned by Fred Marshall, Fergus, averaging 1135 lbs. sold for an average of $98.82 with sales to $116. Ten heifers consigned by Wayne King, Gorrie, averaging 1047 lbs. sold for an average of $99.62 with sales to $107.70. four heifers consigned by Harold Jonker, Orangeville, averaging 1201 lbs. sold for an average of $98.42 with sales to $103.75. Ten heifers consigned by Randy Pentland, Goderich, averaging 1107 lbs. sold for an average of $95.37 with sales to $101.25. Thirty-two heifers consigned by Wayne O'Brian, Centralia, averaging 1176 lbs. sold for an average of $93.74 with sales to $101. One heifer consigned by Keith Jacklin, Bluevale, weighing 1240 lbs. sold for $100. There were 374 cows on offer selling from $58 to $68 to the high of $75. One cow consigned by Barry Hoegy, Walton, weighing 950 lbs. sold for $75. Two cows consigned by Ken Litwiller, Gowanstown, averaging 1395 lbs. sold for an average of $71.67 with sales to $72.75. Two cows consigned by Frank Dolmage, Seaforth, averaging 1500 lbs. sold for an average of $69.12 with sales to $69.25. There were 258 veal on offer selling from $88 to $110.50 to the high of $130. Six veal consigned by John Martin, Lucknow, averaging 602 lbs. sold for an average of $108.65 with sales to $130. Three veal consigned by Dan Schwartzentruber, Lucknow, averaging 573 lbs. sold for an average of $110.73 with sales to $117.50. Two veal consigned by Walter Stalenhoff, Auburn, averaging 545 lbs. sold for an average of $111.60 with sales to $115. Lambs: under 50 lbs., sold $126 to $215; over 50 lbs., $120 to $210 to the high of $255. Stockers: steers, 400 - 500 lbs., sold $115 to $125 and higher; 500 - 600 lbs., $105 to $120; 600 - 750 lbs., $100 - $110; 800 and over, $100 to $100. Heifers, 400 - 500 lbs., sold $105 to $115; 500 - 600 lbs., $100 to $110; 600 - 700 lbs., $95 to $105; 800 and over, $90 to $100. Farmers starting to think about the information they need to complete their 1992 tax returns will want to attend the annual Farm Income Tax Update on Wednesday, Jan. 20, 9 a.m. to 4 p.m. at Centralia College, Huron Hall. John McNeilly, a chartered accountant in Exeter, plans to cover some new topics of concern during this one day seminar, along with income regulations and tax accounting procedures. Estate planning, transfers and capital transactions are some of the areas McNeilly will outline. In the afternoon, time is available for questions and discussion relating to specific concerns regarding your farm income tax return. Farmers are encouraged to enter freely into the discussions. Anyone interested in attending must register in advance by phoning the Continuing Education office at Centralia College, 228- 6691 ext. 285. The cost per person is $21.40 which includes lunch.