HomeMy WebLinkAboutThe Times Advocate, 2004-02-25, Page 1818
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Wednesday,February 25, 2004
TIMES -ADVOCATE
Study says Canada top location for food industry
OTTAWA — A new interna-
tional study situates Canada as
the prime investment location
for food industry companies to
serve the North American
market.
The study, titled Competitive
Alternatives: The CEO's Guide
to International Business
Costs, G-7 — 2004 Edition,
was conducted by the global
consulting firm KPMG. It com-
pared Canada against its com-
petitors in a number of indus-
tries, including food process-
ing and research and develop-
ment, in 121 cities in 11 coun-
tries.
Canada finished first in more
than half of the industries that
were compared. This is the
fourth consecutive time
KPMG's cost analysis has posi-
tioned Canada in the overall
lead.
As well, Canada has retained
a substantial North American
cost advantage in food pro-
cessing, a clear 4.7 per cent
advantage over the U.S. In
fact, Canada's ranking in this
sector has climbed from fourth
place to second place, follow-
ing closely behind Australia.
"This study provides further
evidence of Canada's cost
advantage in food processing,"
said Minister of Agriculture
and Agri -Food Bob Speller.
"Food processors from around
the world look to Canada as a
gateway to North America. We
have created one of the most
attractive overall investment
climates in the world. It's the
bottom line that counts and
locating in Canada can con-
tribute more towards the prof-
it line."
Canada is the overall cost
leader in terms of research
and development with a cost
advantage of 21 per cent over
the U.S. This is a major factor
for innovative manufacturers
when assessing their need to
locate or expand operations.
The agriculture and agri-
food sector is an important
driver of the Canadian econo-
my. It provides one out of
every seven jobs in the country
and contributes between $5 to
$7 billion to Canada's annual
trade surplus.
Slaughter provision removed from CullAnimal Program
OTTAWA, — Agriculture and Agri -Food Minister Bob
Speller announced Feb. 16 producers will no longer
have to wait until cattle are slaughtered to receive
assistance under the Cull Animal Program.
Speller also announced producers will receive the
maximum assistance allowed under the program.
"I have been consulting closely with Canadian produc-
ers on the impact of BSE on the industry, and it was
clear that these changes to the Cull Animal Program
would help them deal with cash flow issues," said
Speller who met with the National Safety Nets Advisory
Committee. "This will allow producers to access funds
sooner, will ensure equal access to the program across
Canada, and will help with feed costs until more
slaughter space becomes available."
The Government of Canada has committed $120 mil-
lion as base funding for all regions of Canada, and has
offered to cost share the program with provincial gov-
ernments on a 60-40 basis, which would bring total
program funding to $200 million
Based on full provincial participation, the original
program parameters included a flat rate payment of
$159 and a dollar a day for feed, per eligible animal,
until they were sold for slaughter, up to a maximum
total of $320.
With the new program change, producers will no
longer be required to provide sale for slaughter receipts
to receive payments, and will simply receive a flat rate
payment of up to $320 per eligible animal. Final pay-
ment amounts may be adjusted to reflect program par -
Brussels Livestock report
For the week ending
February 20, 2004.
Total Receipts
1536 head of cattle, 466
lambs and goats.
Summar
Tuesday: The fed steers and heifers sold
on an active steady trade. Fancy steers &
heifers: 90-97 sales to 117.50. Choice
steers & heifers: 78-82. 2nd cut steers &
heifers 68-77. The cows sold on a fully
steady market.
Thursday: The good hol veal sold at
prices $2 to $5 higher. The plainer and
heavier hol veal sold on a strong demand
with prices $5 to $10 higher. The lambs
sold on an active trade with the prices
steady to the weeks decline.
Friday: The calves sold at prices steady
to last week with the yearling selling at
prices $3 to $5 higher.
Steers
There were 369 steers on offer.
Enoch Martin, Linwood consigned two
limo steers averaging 1395 lbs which sold
for 99.50. His overall offering of fourteen
steers averaged 1420 lbs selling for an
average price of 93.53.
Nineteen steers consigned by Joseph M.
Bauman, Newton averaged 1368 lbs sell-
ing for an average price of 81.94 with his
top blonde steer weighing 1415 lbs selling
to Norwich Packers for 95.
David Bowles, Brussels consigned one
black wf steer weighing 1360 lbs which
sold for 90.50. His overall offering of four
steers averaged 1425 lbs selling for an
average price of 85.25.
Heifers
There were 235 heifers on offer.
Clarence Dekens, Clinton consigned one
black heifer weighing 1345 lbs which sold
for 98.25. His overall offering of twelve
heifers averaged 1262 lbs selling for an
average price of 85.13.
Fourteen heifers consigned by Hugh
Love, Atwood averaged 1314 lbs selling for
an average price of 76.98 with his top red
heifer weighing 1240 lbs selling for 93.75.
John Martin, Lucknow consigned one
limo heifer weighing 1115 lbs which sold
to Dominion Meat Packers for 90.
Cows
There were 170 cows on offer.
D1 & D2: 18-25 sales to 29; D3: 10-15;
D4: 5-10.
Donann Acres, Lucknow consigned one
sim cow weighing 1425 lbs which sold to
Levinoff Meat Products for 22.
One char cow consigned by Harold
Metcalf, Wingham weighed 1730 lbs which
sold to Levinoff Meat Products for 22. His
overall offering of two cows averaged 1700
lbs selling for an average price of 19.54.
Two gold cows consigned by Jim Rapson,
Walton averaged 1715 lbs selling to
Levinoff Meat Products for 22.
Bulls
There were 4 bulls on offer selling from
14 to 17.
Dorothy Hamilton, Listowel consigned
one herf bull weighing 2310 lbs which sold
to Levinoff Meat Products for 17.
One hol bull consigned by Ben
VanMiltenberg, Seaforth weighed 1470 lbs
selling for 15.50.
Veal
There were 151 head of veal on offer.
Beef: not enough to establish market.
Holstein: 75-85 sales to 97.
Plain Holstein: 50-70.
Mark & Paul Pennington, Mildmay con-
signed two limo veal heifers averaging 710
lbs which sold to Highland Packers Ltd for
116.50. Their overall offering of three veal
calves averaged 717 lbs selling for an aver-
age price of 102.41.
One hol veal steer consigned by Mark
Pfeffer, Clifford weighed 645 lbs selling to
Millgrove Meat Packers for 97. His overall
offering of two hol veal steers averaged
630 lbs for an average price of 91.14.
Lyle Kinsmen, Kippen consigned one hol
veal steer weighing 680 lbs which sold to
Highland Packers Ltd for 95. His overall
offering of seven hol veal steers averaged
719 lbs selling for an average price of
81.07.
Lambs
under 50 lbs: n/a; 50-65 lbs: 139-162;
65-80 lbs: 112-137; 80-95 lbs: 81-107; 95-
110 lbs: 67-96; 110 lbs and over: n/a.
Goats
$15-$51
Sheep
45-60
Top Quality Stocker Steers
under 400 lbs: 74-99; 400-500 lbs: 81-
105; 500-600: 78-96.50; 600-700: 72-87;
700-800: 60-87; 800-900: 65.50-96.50;
900-1000: 64-108; over 1000: 70.50-82.50.
Top Quality Stocker Heifers
under 300 lbs: n/a; 300-400: 64; 400-
500: 61-88; 500-600: 60-79; 600-700: 65-
71; 700-800: 65-73; 800-900: 64.50-73;
over 900 lbs: 60-85.50.
ticipation rates.
Producers are eligible to receive a payment for a fixed
percentage of the animals in their herd over 30 months
of age as of Sept. 1, 2003 (eight per cent of beef cows
and 16 per cent of dairy
cows). Producers are
required to register their
herds with their provincial
delivery agents.
A comparable program is
being offered to producers of
other ruminants affected by
border closures.
Since the discovery of a
case of Bovine Spongiform
Encephalopathy (BSE) in
Canada in May 2003, gov-
ernments have taken many
steps to assist the Canadian
cattle industry, including last
summer's $520 million BSE Recovery Program. In
November 2003, the Government of Canada announced
the Cull Animal Program, following discussions with the
provinces and industry, as an additional step in
response to BSE.
For more information on the Cull Animal Program,
producers should contact their provincial delivery
agent. In Ontario, visit the Web site at
www.gov.on.ca/OMAFRA.
With the new
program change,
producers will no
longer be required to
provide sale for
slaughter receipts to
receive payments,
and will simply
receive a flat rate
payment of up to
$320 per eligible
•
‘r/ nag
Denfield Livestock Sales
Denfield Livestock Market Report for Tues., Feb. 17, 2004.
The market at Denfield Livestock Sales traded on a good
demand at slightly stronger prices on the good fed cattle with
the fancy cattle bringing a premium. Cows sold active at
stronger prices on the good ones due to western orders.
Stockers sold under pressure, sows sharply higher.
Gord Hardy, Lucan sold 10 steers average weight 1564 aver-
age price 82.07 to a high of 90 purchased by Denview Meats.
Bob Hodgins, Lucan sold 7 heavy steers average weight 1635
average price 77.47 to a high of 79.50 purchased by Norwich
Packers.
Morley Hodgins, Parkhill sold 12 steers average weight 1541
average price 73.17.
Choice steers: 80-85, sales to 90; Good steers: 70-77; Plain
Steers: 60-70; Aged Steers: 27-40; Choice exotic cross
heifers: 80-85; Good heifers: 70-75; Plain heifers: 50-60;
Good cows: 17-20, sales to 23; D3 and D4 cows: 10-15; Shells
and Problem cows: 2-6; Bulls: 20-25; Good Holstein bull
calves: 150-250; Sows: 49-51.