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Home My WebLink AboutThe Goderich Signal-Star, 1985-10-16, Page 29GODERICH Hwy. 21 South (Bayfield Road) PHONE 524-8321 rp 'at '. ry d��s?'F;au :Sa eon to li cognize World Eileen w a► "° wi l OsOlt by Ontario Ag 0.014p and t! ood Minister Jack Riddell on! if day, Oct, 10. 'fi itaC ,''-liread range oil invited guests, the blotting' luncheon at the•Legislative dining room at Queen's Park Will focus attention on food p ..oduction and distribution issues. World Food Day, celebrated on Oct. 16 since 19.1, honors those who produce food' throughout the world. A'special emphasis is being placed on "youth and food" this year in recognition of the International Year of °" Youth. "Ahnost 20 per cent of the world's popula- tion - one person in five - falls into the category of youth, which is 15 to 24 years old;" says Riddell. "They will face difficult times ahead as they seek to address the pro- blems of limited food resources, unemploy- ment and over population." Riddell said he hopes the Queen's Park luncheon will help `"keepp us ail mindfulof the part we• play in helping to resolve these issues r, Those Invited to the. luncheon iancltide representatives of aid organizations p>io- .vincial cabinet muifsters, civic officials and Canadian musician Lorraine Segato of The Parachute Club. • Established to commemorate the foun- ding of the Food and Agriculture Organiza- tion of the United Nations in Quebec in 1945, World Food Day offers an annual opportuni- ty for everyone to focus on food issues. , The Ontario Co-ordinating Committee was established a year ago and includes representatives from: Agriculture Canada; the Ontario Ministry of Agriculture and Food; the Canadian Red Cross Society, On- tario division; The Canadian Council for In- ternational Cooperation; Cansave; Cana- dian Universities Services Overseas; The t. Dail BIt 4 Food Dank We University of Guelph;"011C40 . F Ontario, 1Nm id Vision of f aieda.• addi qn to many other iirganitza. tions. The Ontario World Food Day Co- ordinating Committee haS' issued .a .'pro- clamation pro- clamation to every Ontario municipality and produced a comprehensive educational kit focusing on general food issues and deal- ing with this year's theme: "youth and food". All public and secondary schools in the province have been advised of the availability of the kit, which can be ordered free of charge from the Coordinating Com- mittee. Ontarians are being encouraged to find out more about the issue of hunger both in the world and in Canada,. and to make con- tributions of money or volunteer efforts to any of the organizations involved in food - related activities. • • Estimate dry, corn equivalent when buying standing corn The question often arises - what price can I pay my neighbor for High Moisture Corn or Corn Silage? In either case, I think it boils down to estimating the dry corn equivalent. With corn silage, the amount of dry corn per ton of silage will vary with moisture content. When silage is 70 percent moisture, there is roughly 6.3 bu. of dry corn in a ton. Similarily, at 65 percent moisture, there is 7.35 bu. and at 60 percent moisture, 8.4 bus. of dry corn. Now that we know these figures, what should a ton of corn silage cost us to purchase standing? The calculation can be done as follows: 1) 32 percent dry matter (68 percent moisture) corn silage has 640 lb. of dry matter per ton 2) At 50 percent corn grain in corn silage dry matter, 640 lbs. of cornsilage dry matter contains 320 lbs. of corn grain dry matter. 31 320 lbs. of corn grain dry matter is equivalent to 376 lb. of corn grain at 85 percent dry matter. 4) 376 lb. of corn grain is equivalent to 6.7 bu. of corn grain. t Note: This grain content would result from corn that yields 16 tons of silage and 107.2 bu. of corn grain per acre ). 5) If $4. is added per ton of corn silage to account for increased harvest, storage and harvesting costs, the equation that describes the cost of a ton of silage standing is: Cost of 1 ton of silage equals (6.7 I (X) - $4. where X equals the price of a bushel of corn grain. When calculating the cost to purchase H.M.C. the number of tonnes per acre must be found and converted to'dry matter basis. Once this is done it is simply then a matter of multiplying dry corn prices times the H.M.C.'s dry equivalent and subtracting off transportation and harvesting costs. THE COST OF STORAGE Producers should be mindful of all the costs of storing grain (ie: construction and maintenance of on-farm storage and )or commercial rates at the local elevator) when making the decision to sell or store. The "hidden" costs which are equal to or greater than the "visible" costs, are often overlooked. These "hidden" costs include the lost opportunity of selling grain immediately and using the money to pay off operating loans or investing in interest earning accounts. The failure to consider both makes the decision to store in anticipation of higher profits, a 'gamble'. Frorr) a calculation I have performed, if corn is priced at $110/mt. or $2.79/bu.• and is to be stored at an elevator with the rate of borrowed money at 11 percent, the full monthly storage cost is $2.15/mt. (5.5 cents/bu.). At these prices and costs, grain corn prices would have to rise by at least $2.15/mt. per month to make storage pay. For tax reasons it may be beneficial for Beware of silo has for four weeks after silo is filled It's silo filling time -and it's time to remember that the deadly nitrogen dioxide NO21 silo gas may be present in a tower silo - for three to four weeks after it is filled. Any type of stress during the growing season can dramatically increase the potential for the ensiled material to give off nitrogen dioxide gas. The dry weather of this summer, followed by the warm wet period may increase the incidence of silo gas this fall. Beware. Ihdicators of the presence of NO2 include a reddish brown haze and a strong "bleach - like" odor on the silo surface or in the immediate silo area. However, you may have silo gas without these signs. A recent survey in Minnesota revealed that 50 per cent of conventional tower silos contained silo gas at the time of ensiling. Only three per cent of farmers in the study knew anything about the danger posed by N( )2. It is hest to stay out of a freshly filled silo unless you are 100 per cent certain that deadly gases are not present. If it is essential to go into the structure, entry should only be undertaken by a trained individual wearing a self-contained breathing apparatus. Beware of the strong possibility that lethal gases may he present. regardless of the crop being ensiled Blurred vision. a burning Egg prices drop one cent Prices paid to egg, prilflucers for (rade A large will drop one cent a dozen. the Cana- dian Egg 'Marketing Agency i CEMA 1 an- nounced. Despite the crippling drought this sum- mer in parts of Western Canada. and wet weather conditions now hampering the fall harvest, feed costs are dropping, bringing down egg prices along with them. Grain prices in Canada are largely deter- mined by prices in world markets. Bumper harvests in the United States. the world's largest grain producer, have put downward pressure on feed prices here in Canada, the agency explained. CEMA uses a cost of production formula to determine prices paid to egg producers. Any change in the cost of producing a dozen eggs is reflected in the price. With the one -cent decrease in October, egg prices across the country are now seven to nine cents lower than a year ago. The producer -run agency adjusts egg prices at the beginning of each month. The agency reports any changes in the price to the federal National Farm Products Marketing Council prior to its public an- nouncements. Egg prices paid by consumers are set by wholesalers and retailers. sensation in the mouth and nostrils, and a feeling of drowsiness are typical reactions to silo gas exposure. Anyone who experiences these symptoms while working in or around a silo must get out of the area immediately. since death may be only seconds away i some farmers to sell their crop in 1985 while for others there will be more advantage to hold corn until 1986. Lastly, some farmers are willing to forgive the storage costs, therefore, the price does not have to rise much to increase their profits. In talking with a few farmers, most are going to store a good portion of their crop. If this is going to be one of your marketing tools, make sure •you go through the calculation to figure out how much prices must rise to make this marketing strategy profitable. FINANCIAL MARKET TRENDS BANK RATE 8.85% PRIME 10.00% T BILLS 8.25% CDN DOLLAR ... .7317 US DOLLAR $1.3667 GOLD (CDN) $445.71 SHORT TERM 9.000% 1 Yr. 3 Yr. 5 Yr. GIC's 91/2 11 11 1/4 RRSP's 9 10 5/811 1/8 MORTGAGES 10 111/4 113/4 MUTUALS 37.20 32.20 21.50 FINANCIAL HINT R.H.0,S.P. All interest earned on your Registered Home Ownership Savings Plan after Dec. 31, 1985 will become taxable. Funds could be transferred to an R.R.S.P. to the maximum amount, resulting in a double tax break. Compiled by: ABC INVESTMENTS 53 West St , Goderich $ LEAA$R SUPPORT T IE GOORRICH RI:,NGETTE ASSOCIATION DURING THEM SECONDTO ANNUAL DOOR DOOR LIGHTBULB DRIVE SAT.,OCT.1 9 Capes.$'50o & $1300 Pitchforks.$14o0 Glitter Horns -$8!° & $110° Glitter Toils -$10°0 & $1600 IiH GRELH EOM 41. 44 ONTARIO ST." STRATFORD Open Daily 10 to 6 ys; WEIGHT WATCHERS lfiee GIFT TO YOU ATTEND 11 CONSECUTIVE WEEKS AND RECEIVE THIS BEAUTIFUL LOW - CALORIE RECIPE BOOKLET t°N. OFFER AVAILABLE TO OUR MEMBERS BETWEEN OCTOBER 7th through DECEMBER 21st, 1985 THE QUICK START PROGRAM - IT WILL TEACH YOU THAT EATING IS LIVING - NOT DIETING. ... SO JOIN TODAY AND START LIVING! Registration and first rvieetirigF $1'8.00 $'?'0GweekIy thereafter. Senior Citizens and Students Registration and First Meeting Fee $9.00. $4.00 weekly thereafter. New Member Registration Times: Morning - 9.20 a.m. Evening - 6:45 p.m. FOR FURTHER INFORMATION CALL: 1-800-265-9291 ',Weight Welchers Internat.onal Inc 1985 owner of the Weight Wat.hers and 0.0 Start lrademafk4 4. \Mflff4U' POVIELL y!;,ae... WOLMAN WOOD STAIN RAINCOAT WATER REPELLENT F Palur,nq 3 0?,1rtrrpr •,, r' , IranSp.ir,'nt and solid COIpurS' nr•rlworid • Walnut • Geddr END OF SEASON CLEARANCE 2010 0„ wetiairi Keep your prolecl looking good "fir -, A J ft, help protea' toy .*,n.. Mee lir ,Oe. 14.9, lent* ud,teg masonry coocrvM .Oa'na1 Ilse flitch of -eMWrnnO ,, aa'nr.Oal Wale, n*pene'i n an easy ID app'1 oat, '. 01,ai • f,.o Made by thy developer, W wMnanv,1 Med 0140,, pmt. RaaiCoat Water Re®.nMMaal Building Centre Values r 1x12 ROUGH PINE 1000 lin ft and over S39900 MBM lesser quantity 421/2c lin. ft. ,114A11-INt1Y (N'41 Y 1. 4,, rinlulh P1ne '.N Rr,1fy1' Pone L1,1 Rrnugt, F'rnr• 1000 BM 5349 00 5349 90 1349 00 l i'SSPr (4 , 310 lin 251 lin 19' lin GENIE AUTOMATIC GARAGE DOOR OPENER SYSTEMS BY ALLIANCE GS 250 ''4 horsepower trac-drive 5189 95 GS 810 '', horsepower trac•drtve 5274 95 GS 900 ir7 horsepower trac•dnve 5299 95 Extra Digital TransmitterC', with personal security code 529 95 Do d yOorttIl d s easy wdh Genie• Install a Genie System yourself with standard household tools m lust love simple steps STANLEY REPLACEMENT DOORS H(41 4.1' owl 1111, 1 7N I. 1, III ,i, I fi .4, r, Dori comes pretramed easily installed '235 95 0238 00 '269 95 SUPPLIED BY MacMillan Bloedel Budding Materials Onlatto Region PRICES IN EFFECT UNTIL OCTOBER 26. 1985. 7 Yards To Serve You 1 GODERICH, EXETER, MITCHELL, LONDON, STRATHROY, WATFORD, TILLSONBURG A_ ALCAN ALUMINUM STORM WINDOWS CUSTOM MADE TO FIT YOUR WINDOW M,n F m sh • PrP rlr,nnff • [k4uhle F+u' I II• I it lIp h' 0 1 • I It, 'n At, (' • lin ,,, oti I,' 1•1 ' • ';,I ',. i L Mill FINISH 37 85 42 70 45 35 49 30 54 65 59 85 66 55 76 10 WHITE 45 5050 50 30 52 95 56 90 6' 75 67 45 74 20 83 70 1. ALCAN ALUMINUM STORM DOORS Selt Storing We,ltherm,,sler 1 - (hi( k p,4 ro .' 1 5115 95 Vertical 111P 1' Ihi( k painted 5147 95 One 10e 1' thick 0,1 nlet1 '138 95 nhl't,• t,r , r ,1.i• Alcan Building Products ,e�iltl�i MORIMP Gutter b Downpipe MITTEN VINYL GUTTER SYSTEM l 1l itrt', E Iht'w•• Supplied by: (lint' Oullr'I� IMPERIAL PLYWOODS Easy to Install never needs patnlln0 A lull line 04 14cceSSorles 14 141114 0 19 Brown 59 39 510 99 '2 65 '4 95 White 57 85 59 15 52 19 '4 09 . EMMIPIN 1451 1110.11111 i1ir0•00