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Auburn, Ont. 519-526.7220
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01.1( CUSIOMOrS Thanks ! The McGavin Family
McGavin Farm
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McGavin Farm
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I.
NI
PAGE 10 THE CITIZEN, WEDNESDAY, JULY 24, 1996
Brussels Livestock report
Fed steers, hiefers $2 higher, cows off $2
The sales at Brussels Livestock
for the week ending July 19 were:
fed cattle, 689; cows, 316; veal
calves, 265; lambs, 177; stockers,
1,023; and pigs, light run.
Fed steers and heifers were
selling $2 higher with cows selling
$1 - $2 lower. Veal sold $2 - $3
lower with lambs selling on an
active steady trade.
There were 418 steers on offer
selling from $85 to $90 to the high
of $96.50. Six steers consigned by
Dave Bender, Palmerston, averag-
ing 1,216 lbs. sold for an average
of $95.18 with sales to $96.50. Six
steers consigned by Irvin Schenk,
Petersburg, averaging 1,434 lbs.
sold for an average of $88.28 with
sales to $96.50.
Thirteen steers consigned by
Schmidtbrook Farms, Woodstock,
averaging 1,412 lbs. sold for an
average of $86.40 with sales to $95.
Ontario pork producers will soon
be able to hedge their hogs, through
two programs with Ontario Pork,
one which guarantees a minimum
price and another which will allow
farmers to forward contract for
delivery at a guaranteed price.
"These two programs are not
going to save us in the pig business
if you're not a good producer,"
Clare Schlegel, Ontario Pork board
member, told a group of pork
producers at an information
meeting in Walton July 9. "It's
another tool to use to manage risk.
You have to be careful how you
use it, and when you use it. You
shouldn't use it day in and day out.
You should only use it when it's in
your best interest."
Schlegel said Ontario Pork is
hoping to have the minimum price
program underway by September.
"Essentially it's a price insurance
program," he says.
Ontario Pork is working with the
Saskatchewan hog board to
implement the program. Saskatche-
wan has had a similar program in
place since last fall but, according
to Rick Skaggs, Ontario Pork's
sales manager, few farmers there
have taken advantage of it.
"It can be fairly costly," Schlegel
said of the program.
There will be a premium paid on
each hog registered under the
program. The board is still trying to
determine what should be the
minimum size of lot required for
each farmer.
A company would have to
underwrite the potential loss in the
program because of swings in price
and fluctuations in the Canadian
dollar. Farmers enrolled wouldn't
be offered an absolute price: the
price would be plus or minus the
Canadian cash price in comparison
to the Chicago price. Farmers can
choose'their level of insurance and
pay accordingly. Most of the
premium, Schlegel said, will go to
the underwriting company.
Many details on the program arc
still to be worked o‘it, Schlegel and
Skaggs said, things such as which
pigs of a farmer's total deliveries in
a month would be counted as his
insured allotment.
Nineteen steers consigned by Kada
Farms, Bluevale, averaging 1,250
lbs. sold for an average of $86.37
with sales to $91.25. Thirty-eight
steers consigned by J. A. McCann
& Sons Ltd., Ailsa Craig, averaging
1,395 lbs. sold for an average of
$88.01 with sales to $91.
Forty-three steers consigned by
Cunningham Farms, Lucan,
averaging 1,310 lbs. sold for an
average of $87.03 with sales to
$90. Twenty-nine steers consigned
by Ed McCann, Dashwood,
averaging 1,320 lbs. sold for an
average of $88.62 with sales to
$90. Ten steers consigned by
Johnston Farms, Bluevale,
averaging 1,285 lbs. sold for an
average of $85.53 with sales to
$89.75. Seven steers consigned by
Jon Dreise, Fordwich, averaging
1,098 lbs. sold for an average of
$83.61 with sales to $88.25. Six
The forward sale contract will
allow farmers to lock in at a fixed
price. This is a futures contract
which will guarantee farmers a
fixed price. If they lock in at $170
and the price goes down, they get
the $170, but if the price goes up to
$200, they still get $170. There
would be an administration fee of
$1-$2.50 per hog for taking part in
the program.
A minimum lot size for contracts.
has not been established yet. Ron
Douglas, president of the Huron
Pork Producers, suggested 10 hogs
per week would be a good
minimum.
Meanwhile, Skaggs expressed
disappointment in the way Ontario
packing companies have reacted to
the institution of the open auction
for Ontario hogs, a move the
packers fought through the Farm
Products Marketing Commission.
He predicted packers would pay a
price in the long run for bidding
prices that are well below U.S.
price equivalency.
While he admitted that Ontario
packers are losing money right now
because of low competing prices
for beef, his opinion is "the Ontario
packers are being short-sighted.
They're only looking at tomorrow.
not down the road," he said.
steers consigned by Woodham
Farms, Woodham, averaging 1,172
lbs. sold for an average of $84.23
with sales to $88.
There were 232 heifers on offer
selling from $85 to $90 to the high
of $93.25. Three heifers consigned
by Robert Thomson, Ripley,
averaging 993 lbs. sold for an
average of $90.67 with sales to
$93.25. Forty-eight heifers
consigned by Jim Dixon, Lucan,
averaging 1,160 lbs. sold for an
average of $85.68 with sales to
$92.50. Fourteen heifers consigned
by Tom Triebner, Exeter, averaging
1,146 lbs. sold for an average of
$87.57 with sales to $90. Eight
heifers consigned by Bruce
Woodhouse, Clarksburg, averaging
1,158 lbs. sold for an average of
$83.26 with sales to $88.25.
One limo heifer consigned by
Machan Construction, Monkton,
weighing 1,180 lbs. sold for $86.
Four heifers consigned by Harvey
Hoggart, Londesboro, averaging
980 lbs. sold for an average of
$84.38 with sales to $85.75. Six
heifers consigned by David
Bowles, Brussels, averaging 1,222
lbs. sold for an average of $84.70
with sales to $85.60. Two heifers
consigned by Gordon Dougherty,
Goderich, averaging 1,230 lbs. sold
for an average of $83.67 with sales
to $84.75. One black heifer
consigned by Allan Becker, Ayton,
weighing 1,015 lbs. sold for
$84.75.
There were 316 cows on offer
selling from $35 to $50 to the high
of $66. Four cows consigned by
Peter Walden, Ripley, averaging
1,359 lbs. sold for an average of
$54.76 with sales to $66. Two
cows consigned by Glory Lane
Farm, Wingham, averaging 1,633
lbs. sold for an average of $61.44
with sales to $63. One Charolais
cow consigned by Roy Dolmage,
Londesboro, weighing 1,575 lbs.
sold for $58.50.
There were 23 bulls on offer
selling from $48 to $59.20 to the
high of $63.50. Two bulls consigned
by Jim and John Stinson,
Clarksburg, averaging 1,817 lbs.
sold for an average of $59.56 with
sales to $63.50. One Charolais bull
consigned by Neil Winger, Listowel,
weighing 2,145 lbs. sold for $63.
There were 265 veal on offer
selling: Beef - $75 to $96; Holstein
- $63 to $73; and Plain and Heavy
- $30 to $63. Four veal consigned
by Ron J. Wassink, Wroxeter,
averaging 576 lbs. sold for an
average of $81.52 with sales to
$96. Two veal consigned by Dale
Bachert, Blyth, averaging 553 lbs.
sold for an average of $94.50 with
sales to $95. One veal consigned by
John L. Miller, Lucknow, weighing
630 lbs. sold for $94.50.
Lambs, under 50 lbs. sold
$112.50 to $140; 50 - 80 lbs., $120
to $170; 80 - 95 lbs., $122 to
$132.50.
Sheep sold $43 to $66.
Goats sold $32.50 to $100.
Stockers: steers, 400 - 499 lbs.,
sold $51 to $100.50; 500 - 599 lbs.,
$69 to $104; 600 - 699 lbs., $67 to
$86.50; 700 - 799 lbs., $68 to $84;
800 - 899 lbs., $69 to $96.50; and
900 lbs. and over, $75.25 to
$96.50.
Heifers, 300 - 399 lbs., sold
$72.50 to $92.50; 400 - 499 lbs.,
$55 to $94; 500 - 599 lbs., $64 to
$83.50; 600 - 699 lbs., $63.50 to
$85; 700 - 799 lbs., $63 to $87; and
800 lbs. and over, $61.50 to $91.
PaRTICIPaL77017
The movement for active, healthy hying
BRUSSELS LIVESTOCK
Division of Gamble & Rogers Ltd.
UPCOMING SALES
TUESDAYS 9 a.m. Finished
Cattle & Cows
THURSDAYS 10:00 a.m. Dropped Calves
Veals followed
by Goats
Sheep & Lambs
FRIDAYS 10:00 a.m. Stocker Cattle
1:00 p.m. Pigs
BRUSSELS 887-6461
Thanks to everyone for coming to our
60th Anniversary Celebration in the business
of serving the agricultural community.
We extend a very special thank you to all of
our stafffor their hard work and support.
To our suppliers THANK YOU for the
beautiful floral arrangements and for the
gifts for door prizes.
THANK YOU to all of the local organizations
who helped make the day so successful.
Congratulations to all of the door prize
winners and also to the 5 winners of our
Vacation Celebration Trips.
(All door prize winners will be contacted personally.)