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Home My WebLink AboutClinton News-Record, 1985-3-20, Page 77528-2113 l 1811 • The limp W 120 Jackson St., Wulkorton Ntait Kirstinw Tony Schonstrom John Schonstrom Bill Zettel OFFICE 1881.2551 366-2320 4-1905 881-26Q6 881-2906 WE CAN MEET 'YOUR NEEDS If You Are Thinking of BUYING or SELLING CaII Our Office or One Of The Above Agents Specializing in: AGRICULTURAL, RESIDENTIAL & RECREATIONAL. Niultiple Listing Service PRIMECQATIG FOR Agricultural Buildings •STOPS RUST •NEUTRALIZES FJY,ST Adds 10 years to life of steel buildings Paint can be applied over this product at a later date with no priming OTHER SERVICES • Home Insulation •Sandblasting *Air Hammering •Airless Spray -Painting •Metal Roof Coating LUCKNOW W. Adamson CONTRACTING LIMITED Selecting alfalfa variety ... from page 8a ening stage three to four days later than Flemish varieties and are less responsive to temperature, causing a -slower regrowth. Despite these characteristics that limit yearly forage yields, they are beneficial in maintain- ing stand longevity. Medium maturities go into fall dormancy sooner in September than early varieties, switching from top growth production to storing food reserves in the root. The lower crown placement of these varieties provides better pmtection from freezing winter temp- eratures. Growers- generally can Wiped medium maturity varieties to give three to four years of high quality forage production. Although definite genetic differences exist between early and medium maturityalfalfas, growers shouldi3°t overlook the importance of intensively managing each one, stresses Sagritf. Without proper harvest schedules, timeliness of cutting, fertilization, (especially potash), and adherence to critical fall harvest dates, the characteristic difference will have little effect on the productivity of forage Prole. What does the creditor expect? from page 16a Commercial cattle; 300 charolais crossed yearling heifers, medium quality, weighing 750 lbs., market date September 85 at 80 cents per lb. - 200,000; present value 300 x 750 x 82 cents - 184,500. The banks are asking in some cases for verification of numbers and value on commercial livestock farms. This means paying someone to certify that they have counted a given number of each type and size of livestock on your farm as well as a value thereon. This could be costly. Until you are asked for such a verification would it not be more revealing to include the above detail 'rather than .. justg "livestock - $184,500"? The banker Would then know why your livestock were worth more or less per animal or pound than normal and when you expect each group ready for market. With this kind of information, the creditor can then help a farmer plant and schedule repayment dates and borrowing limits. Buildings They should each be described as to dimension, construction material inside and out, age, condition and useful life. They. should be thoroughly described as to stabling, if relevant, as well as the age, condition, etc. of all equipment attached to the buildings; i.e. gutter cleaners and venti- lation equipment. Pictures of the inside and outside attached to the description would be big a Big "asset" to any presentation. Heal estate firms have cameras with wide angle lenses that take excellent pictures of the inside of buildings. Specialists in AGRICULTURAL CHEMICALS Farmers good weed control doesn't COST it PAYS When it comes to making decisions on crop sprays, what product?, tank mixes?, crop injury, timing, etc.?? it PAYS to deal with someone who SPECIALIZES in the business. Aart & Greta De Vos RR 1 Bluevalle, Ontario 335-3093 More than the "PRICE IS RIGHT" at AGRE FARMS Certified by CACA Madrinery The name, make model and even year of machinery or equipment can have widely different values due to use, abuse, age, repairs and options. Again, in order to justify the value you have given an asset, " some description should be provided along with a word or two on useful life or fiadequacy for your future operation. With such a descrip- tion the creditor can at least intelligently talk to the local machinery dealer rather than just slashing • your value because it is above anything he has seen lately for the same make and model. Again, if you are a camera buff, pictures of your major pieces of equipment may add the finishing touches to your credit application. The business person must justify values. Each item of equipment and machinery should include the make, model, age and condition, i.e.: John Deere 4430, 135 H.P. bought in 19—, completely rebuilt motor including cam shaft at 4,400 hours, present hours 4,670, new deep tread Firestone rear tires this spring costing $2,500, duals and extra fuel tank and cab, excellent shape and quite adequate for 5 years. The detail demanded by creditors in the future for a line of credit will startle many a farmer. However, we as farmers are not as good customers as we used to be. Land inflation in the recent past covered up many a mistake of both the fanner and the creditor. Falling land values coupled with low net farm incomes and harassment of creditors by farm groups have all oontributed to the need to improve our presentation. tura to page 19a STARLINE Star -frac Ring Drive Silo Unloaders Roller Mills and Rotaspreaders Conveyors And Feeders JM Equipment Market Wagons PATZ Silo Unlcaders Stable Cleaners Conveyors And Feeders PARTS AND SERVICE FOR Bauman Mfg. Co. Chain and Hog Pens Beatty Parts Bruns Feed Carts Belt Lacing. Belts and Bearings GILCHRIST FARM SUPPLY R. R. 5, I UCKNOW ONTARIO NOG 2H0 519-395-2851 • •