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HomeMy WebLinkAboutClinton News-Record, 1985-10-02, Page 23INCOME ST.ILIZATION. Program will benefit prop 'Tine Minister of Agriculture and Food, Jack Riddell, has announced changes to the Income Stabilization Program for crops that will benefit producers. Producers will now have until Oct. 11 to enroll in the program. Cheques for enrol- ment fees may now be post-dated for Nov. 30. The program runs for 1985, 1986, and 1987. Producers must enroll at the start of the program and remain in it all three years or face a penalty. Ther 'is no penalty for those starting into production and those retiring during the course of the program. A producer enrolls new for crops grown in 1985. Each year thereafter (1986, 1987) a new form will be sent to producers, to enroll crops grown that year. The fees paid for each crop will be deposited in an account for the producer and will earn current savings rate interest. HOW STABILIZATION PAYMENTS ARE CALCULATED How is an income stabilization (Ontario) payout determined.. Let's use the corn crop as an example. The 1984 stabilization price for corn is determined from the past five year average weighted corn price and ad- justed for changes in cash costs of produc- tions as shown below. 1979-80• 1980-81 1981-82 1982-83 1983-84 $120.69 152.10 121.14 116,28 159.54 $58.92 70.24 77.79 81.40 85.10 Weighted Average Price per Tonne Cash Casts PeriTonne Five Year Average $133.95 $74.69 95% of Average 127.25 90% of Average 120.56 The 1984 corn price will be the average weighted price for corn sold in the period Sept. 1, 1984 until Aug. 31, 1985. Thus we have to wait one year after the crop was harvested before we know whether or not there will be a payout. The stabilization price for Ontario is 95 per cent of the five year average plus the O. 117'1 !N'1 1'Il,EtE OR amount by whic:the04 costs exceed the average costs (7e69) shown above. The costs In 1984 should'' peed the average costs. In fact they Aughte- ,wore. Let's guestimate that the 1984 costs will be $69.1Q. The $89.10 which exceeds the five year average by close to $14.41 would be ad- ded on to the $127.25 and the 'stabilization price would be $141.66. , .There would be_a payout if the average price for corn sold from Sept., 1, 1984 to Aug. 31, 1985 was 'less than $141.66. It would be restricted to $6.69fper tonne since Ontario is limited to a five per cent stabilization pay- ment. The federal government has stabiliza- tion responsibilities once the :average weighted price•'fafls below 90 per cent of the five year average. What about the 1985 crop? The.1979 figures will be replaced in the formula with. the 1984 figures. The five year average will tend to increase, because w -e are replacing a low figure with a higher one. The average costs could increase again, for the same reason. You can work through the formula making these changes and arrive at an estimated price for 1985. However, it certainly appears there is a good chance for a payout on 1985 • corn. You must enroll to be eligible. You really can't go wrong because the payouts are .composed of $1 that you paid into the •plan and $2 contributed by the government: • ,s{ w o wet, in ,tit o However, afor, , e operatiio it e o comm 'etc your 19 fily'be Itoug Il weed control program, ' Twitehgrass a nd bindweed are two peren- nial weeds that are nearing their susceptible stage, :. Bindweed control is:best when the weed is flowering. • In undisturbed cereal stubble, it is nearillg.this stage. Control treatments are Kilmore at .7L•per acre or Banvel at 1.2L per acre. Both these products need to be ap- plied about two weeks prior to a kiting frost, • and tillage should be delayed following treatment. Twitchgrass, is really enjoying this wet weather. It • will get a good head start on your 1986 crop if•'it"isn't controlled now. For the Roundup treatment, the twit- WEDINIESPAY, OMORS82, 19115-- age5 wet weath chgra .s should be actively growing and six to eight. inebes high• For .the low rats. of Roundup (1L per acre), you should use five to ten gallons of water per acre with flat fan nozzles; Konsanto research indicates no ad= vantage to additives at this low application rate. If more water is applied (20-30 galloons per acre), then a non-ionic surfactant should be used to obtain similar control at the same Roundup rate. Of course the other route to control twit- chgrass is to follow the correct atrazine recipe. This means a minimum rate of one kg. per acre actual atrazine this fall, and a foliowup treatment of one kg. per acre atrazine plus corn oil nextysununer to the growing twitch. This will lock you into corn for the next two years: But it will also assure you of twitchgrass control for at .least two • years. So while the ground remains too wet to till, or spread plowdown fertilizer, you may still have a chance to prere for your 1986 crop.; through fall treatment of perennial weeds. Club meets at local chalet The SS4 Community Club met at the Feagan Chalet on the bank of the Maitland River for the September meeting. It was a beautiful fall evening and everyone enjoyed the splendid view. President Marilyn Forbes took charge of the meeting. Verna Lobb, secretary, read the minutes of the July meeting and Marlene Forbes, treasurer, gave the finan- cial report. WARNING: HQaM and Welfare ' Canada advises that danger to health Increases ''- with amount smoked - avoid • inhaling. SPECIALS IN EFFECT UNTIL CLOSING SAT, OCT. 5/85 KRAFT MACARONI B GHL$E. 225 9 DINNERS 227 g STICK MacLARENS 250 g KRAFT 9IHEDRFERIAE 29ISS CHEESE .6 SOFT STYLE ,Ili KRAFT PARKAY MARGARINE �• 19 40 oz. CRANBERRY, CRANAPPLE OCEANNSPRAY COCKTAIL • ASSORTED COUNTRY HARVEST CRACKERS MOTTS CLAMATO JUICE 1.36 LITRE 1 250 g PKG. YUM YUM, SWEET MIXED OR BABY DILL BICKS PICKLES 9 1.5 LITRE CANADA DRY C+ORANGE OR DAD'S ROOT BEER SOFT DRINKS 0 750 mL BOTTLES 3 VARIETIES • KRAFT TRIPAK CRACKERS 96 g, KRAFT PHILADELPHIA 250 g KRAFT MONTEREY JACK, BRICK 227 g yt BRICK OR LIGHT COLBY. CARAWAY OR 79 CREAM CHEESE 159 MOZZARELLA 199 KRAFT PROCESS 500 g KRAFT CHEESE LOAF 454 g CK VELVEETA 3. BLOCK m MOZZARELLA 300 DEP. PARMESAN 15 KRAFT 250 g PLUS GRATED CHEESE STOKELY - 2 VARIETIES 19 oz. TIN KIDNEY BEANS 99' WITH PORK OR IN TOMATO SAUCE VBEANANS CAMP 04 19 oz. TIN 4 227 g KRAFT 3.99 MEUNSTER 1.99 KRAFT CRA KER BREL 227 g CHEDDI RR 199 3 VARIETIES 2.5 kg FIVE ROSES ��� FLOURZ. CATELLI SPAGHETTI, SPAGHETTINI OR 1 k READY CUT MACARONI/. i9 PUSS 'N' SOOTS CAT NI FOOD UNCLE ORN, FISH BEEF 9 UNCLE BENS • 3 VARIETIES DIETRICHS PKO. OF t! STUFF N SUCH t70 g 1.09 OKTOBERFEST ROILS . . CEREALQUAKER REYNOLDS 12"a1OO' CAP N CRUNCH 350 g 1.89 ALUMINUM FOIL CADBURY INSTANT FOR SKIN CARE HOT $CHOCOLATE g�.99 NIVEA CREME ,?o m� FEMINIQUE 55092,09 MAXI SHIELDS '30.6 FEMINIQUE ° CATELLI OLD FASHIONED GRANDMA MARTINS SPAGHETTI. 750mL MINI, TART SAUCE 1.89 SHELLS WESTONS RASPBERRY 723 g 7 # swiss ROLLS PKG KRAFT GOUDA 227 g 1.99 NEILSON - ASST'D. FLAVOURS FAMOUS ICE CREAM "E • BLANCHED OR SPANISH sop g GRANDMA MARTINS 454 g ,NORDICA 2% 500 g ZEHRS PIE COTTAGE 1.59 PEANUTS 1.29 SHELLS 1.89 CHEESE THESE SPECIALS AVAILABLE ONLY IN: QUAKER LIFE CEREAL 175 CRESCENT OR BUTTERFLAKE PILLSBURY 1.29 ROLLS 109 99' 3.99 1,99 2.99 RED ROSE 60°� TEA BAGS 227 g 2.69 MINI SHIELDS 30 ° 1.49 LIPTON CHICKEN NOODLE FEMINIQUE SOP MIX 1.79 MAXI PADS .... 3O's.. 3.99 CATELLINNE, MEDIUM OR BROAD FEMINIQUE EGG NOODLES 375 g 89 MINI PADS 30's 139 227- 235 g 119 2649 GODSERAV NO. a ICH MON., T.UEU. • 1 TO A P.M. WED., THURS., FRI.. V TO 1 P.M. SAT. S:aO TO P.M. JOSFPHIPII ST. (HWY. NO. 4) WINGHAM MON., MS., WIO. a. SAT.. 8:3010 • P.M. THURS. AND MN.. 0:30 TO 9 P.M. 1 Roll Call was answered with "My Fall. Project" by eight members and two visitors. The members decided to donate a serving cart and two tea pots to the Goderich Township Community Centre out of the profit from the selling of the Township T-Sbirts and the wall hanging. Linda Jones• will have the October meeting at her home but it will not be held on the regular date because of the barbecue at Ontario Street Church. The club will meet on Thursday, October 3 in the afternoon when members will be quilting. The evening was spent showing photos of 't he Goderich Township 1-5-0 events. Wait to plow red clover Red clover has earned its place as a very important and useful plow -down crop on cash crop farms. It fits well into rotations because it helps reduce soil erosion, breaks insect -disease cycles, and, when plowed, adds nitrogen and organic matter to the soil. To receive the biggest benefit from•plow- ing down a red clover stand, plowing should be delayed as late in the fall as. possible. In research studies, red clover root growth in- creases several. fold during the fall of the seeding year. It is estimated that the yield of ' roots increases between four and six times during the ,period Sept. 1 and Oct. 15. Ln most areas, we should be waiting' until. • Oct. 15, or a killing frost before plowing down a red clover stand. Building with' plyw�od How many plys does a sheet of one-half inch plywood have? If you said five you are out of date. For the last few years, most one- half inch plywood has„peen made withfour plys. 1. Who cares? Well, if you are doing some building where plywood is used as a struc- tural . member, you probably should' care. The best examples are gusset plates on trusses: A lot of our truss plans show 'gusset plates of one-half inch fir- plywood: These designs were based on five ply sheets. • If you intend to use four ply plywood for gussets, you will have to increase 'the size of the gusset and the number of truss gusset nails by at least 20 per cent. An alternative is to use five ply, three-quarter inch plywood of the size specified on. the plan and use three inch concrete nails. This seems like a lot of trouble consider- ing the plywood isn't any thinner. If you are just using the wood for sheathing, then you likely don't need to give it another tho figght. But, for gusset plates and other structural members, keep in mind your plywood trivia. MICHAEL G. THOMAS Ernest J. Huckerby, Vice President and Director of Tillcan Financial Corporation is pleased to announce the appointment of Michael G. Thomas as a Personal and Corporate Financial Planner. Mr. Thomas brings to the company many years of training and experience in sales, business, management, and financial counselling. His expertise and the broad- ened range of financial products and services available through Tillcan Finan- cial Corporation will prove invaluable to his many clients and associates. LIST OF PRODUCTS AND SERVICES Tax Tanning, Estate Planning, Pension Planning, Annuity Brokerage Service, Deferred Annuities, Life and Income Insurance, Registered Retirement Sav- ings Plans (RRSPs), Registered Retire- ment Income Funds (RRIFs), Income and Investment Funds, G,I.C.s, Term Depos- its, Canada Savings Bonds. For a confidential interview contact Michael at 527-1539 Seaforth. TILLCAN FINANCIAL CORPORATION 275 Dundas t. 2nd Floor London, Ontario (519)073-3521