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Home My WebLink AboutThe Goderich Signal-Star, 1985-03-20, Page 81Si. r,. 3y •. .li• St .Car . Maddrsip'y `;�� •Land . Buildings TOTAL ,tf it 8{ 670 ,500 ,42106 _Q0 14$,676 • IX litabekta 009 Net 'Worth $114,365 1a'. L Bank sees inn from page 16a the prairies from an vee$ retthent ` the second haif"with fourth quarter; ices n 12260 'car's ;he upper $40 CWit range, 'Market is 1. "a eE Washy i upper — The dairy vii311 see cram and milk shipments. onw 'by 1.5 per cent' over the m previous Year to473.9 million hectolitres, with shipments in 1985-86 up only fractionally.Milk returns are expected to be up 3.6 per eeilt for fluid shipments and 4.5 per cent for indl al, though near tenon advances will be thrilledby slow advaupoes<in consumption ands by Iow'feed costs lower price under the ;dust' of production formula. Bmileochidcenpmduction should reach 872 million pounds, a 6.4 per year .to year increase, while consumption .continues rising to 930 million .pounds, up 2.6 per cent from the previous year. lhwer feed costs combined with a 3.8. per cent increase in the production quota should promote increased turkey featuring. --With continuing sluggish demand, the Canadian Egg ,Marketing Agency has little incentive to increase quota levels; lower feed cysts are expected to `trigger a 2.2 -per cent producer price decline under the cost of production formula. Expenses for seed and chemicals are expected to' rise from both price and applica tion increases. l*ertilizer use should rise with re inireased planted acreage, but prices a expected to remain at 1984 levels. 108,569•' $1864 t me, (up 15p4 leiif (� WT.over l s year) down .to world:levets:�;, — crop yeas fano able weather resulted in a 19 per, c nt :.i icrn.ase in Eastern corn production, and pries are eked to be ' the $140 - $150 tonne;rti ge,down 12 percent from year ago levels. 'This spring we expect a slight decline in corn plantings and foresee corn prices for the new crop remaining within 4 the current range. • --Despite the global oilseed market, demand for oil rich rape seed continues strong, with prices. only 6 per cent under last year. —Balancing negative global .pride factors, price premiums for rape seed (canola) over alternative crops, and normal weather, Canadian rape seed production of 3.5 million tonnes is expected next year, up 9 per cent over 1984-85 production (which was up 23 per cent over 1982-83). --In Eastern Canada .a small increase in soybean production is expected over the record 1984-85 crop of 1 million 'tonnes. Prices will remain in the same $280 to $300 tonne range as this year. —A declining U.S. fiend (for -the thiridyear-in a row) and some improvement in industry profits will cause nongrain - fed cattle slaughter to. decline during_theseoond half of 1985 as total U.S. cattle slaughter is expected to be down 3 per cent and prices up 6 per cent over the second half of 1984. - -With U.S. cattle slaughter expected to be down 6 per cent in second quarter 1985 from second quarter 1984, choice steers at Omaha should average $70 CWT, making this the high price quarter of the year. - -Cow prices are expected to advance 12 per cent from 1984 levels in the third and fourth quarters, signalling a modest rebuilding phase for 1986 with beef prices moving higher. --With the lower Canadian cattle herd, estimated after four years of declining inven- tories, at 11 million head as of January 1 (lowest since 1962), slaughter in Canada is expected to be 3.1 million head in 1985, 4 per cent below 1984. With lower' production in the U.S. and Canada, Al and A? steers in Toronto should average ,tithe mid tb upper $80's CWT in the first quarter, rising above $90 CWT in the second, and ease in the second half with increased competition from pork and poultry. --U.S. hog prices are expected to hold above $50 CWT in the first half of 1985, weaken in Ir Create sanctuary... from page la work" because of the different diseases the hog farmer has to contend with and the . constant fluctuation of the hog market. Burgsma says he would like to see the farm remain in the family' with his five sons eventually ting ever, but only if they were• happy being a fanner. His desire is for his sons to have the same.oppoltunities he had, to do what they want.. With the constant expansion of his farm operation, Bergsma finds additional manage- ment is required in order to keep the operation running Smoothly. He says he enjoys- managing his farms, especially his association wiu'r-the -peorple hired to -ism -his;_ _ _ farms and keeping an eye on the maintenance of the fauns. The seiret to a smooth running farm operation says Bergsma is to .anticipate problems and act promptly to coned them. Walking hF m insurance . • Loss Prevention Service • 'Chirtawvolifi Ih8urano: Brokirs "Limited _ Chatsworth • • ' - - 794-2870 Cheiitl►y=Tate Iflsurahce Brokirsl lmlted Chesley.. ... �. .. 383-3436 Tara •.. r e n, e�, z ,, . . .....934-2250 'Coiling. B Kearns insurance BrOkers llmlttyl Meaford -538-1350 Davis i. Met4 Insurance Brokers :Limited Lion's Head •:1 a ••,• • . ;113.3422 �..e. .e. - �4t�, • 5,.�s �Via, .,. ,.. Jarrttts Hops irfisuracros archer Paisley 353-5200 H.E. Janke Insurance Brokers Limited Port Elgin 832-6961 Gerry. Karl insurance Broker Mildmay - 367-2713 Clifford ' - 327-8025 Kell insurance Brokers Limited Wingham - 357-2636 Gorrie 335-3525 Jack Lambert*: Insurance Broker Limited Walkerton881-0480 A. Cameron MacAulay Ripley 395.5112 Isabel B. McCreath Insurance . Kincardine ..., 396.2313' Craig, McDonald & Reddon Insurance, Brokers Limited - Formosa ' 367-2197 - Mildmay 3674297 Walkerton - 881-2701 Mlddleton's Insurance Brokerage .Chesley Miller -Slade Ineurii,Ice Brokers Inc. Kincardine ..... 396-3465 Ripley, 395-2661, Owen Sound 376-0590 Owen Sound 363-3162 Chepstow Allenford Elmwood Chesley Moore & Morris Insurance Brokers Carl Morris Insurance Agency James Shirreff Insurance Broker Don Threndyle Insurance Ross Wagner Insurance. 376-1333 366-2714 934-2181 881-1697 363-2962 DIRECTOR/ADJUSTER Lorne Robinson, R.R. 2, Kincardine 396-8045 John Clancy, R.R. 1, Chepstow 881-2075 367-2791 Jack Cumming, R.R. 2, Dobbinton 353-5556 Charles. Kelly.,._Port.Elgin_,..._._ __. _•_ ...._ ......, .. 832-9334 Ron Lipsett, R.R. 1, Annan 376-6722 Len Metcalfe, Mildmay All claims should be reported promptly to the representative in your area or to the Head Office in Formosa 1-8N-265-3020 •