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Home My WebLink AboutThe Times Advocate, 2007-11-28, Page 21Wednesday, November 28, 2007 21 Agriculture TIMES -ADVOCATE Heifers selling $3 - $4 higher at Brussels For the week ending Nov. 23, 2007. E-mail us at info@brusselslivestock.ca Total Receipts, 2917 head of cattle, 296 lambs and goats. Summary Tuesday The fed steers sold $1 - $2 higher and heifers sold $3 - $4 higher. Choice steers and heifers sold 75 - 78 sales to 85.75. Second cut sold 73 - 75. Cows sold steady. Thursday Veal sold on a stronger market with good active trade. Lambs and heavy lambs sold on a stronger market. Sheep sold on a steady market and goats sold on a good market. Friday Calves sold $2 higher and yearlings sold $1 - $2 high- er on an active trade. Steers There were 440 steers on offer. Earl Benneweis of Mitchell consigned four steers averaging 1284 lbs, selling for an average of 75.90 with one Limo steer weighing 1275 lbs. selling to Dominion Meat Packers for 81.75. Schmidtbrook Farm of Woodstock consigned 13 steers averaging 1504 lbs. selling for an average of 76.65 with one Limo steer weighing 1435 lbs, selling to Dominion Meat Packers for 80.75. Ken Shortreed of Walton consigned five steers aver- aging 1254 lbs, selling for an average of 77.25 with two Bik steers averaging 1443 lbs. selling to Norwich Packers for 80.25. John Wiersma of Blyth consigned five steers averag- ing 1324 lbs, selling for an average of 76.36 with one Mix steer weighing 1340 lbs. selling to Dominion Meat Packers for 79.75. Ray Simpson of Glencoe consigned 24 steers averag- ing 1316 lbs. selling for an average of 79.63 with one Mix steer weighing 1475 lbs, selling to Ryding Regency for 79.50. J. Russell Simpson of Glencoe consigned six steers averaging 1453 lbs. selling for an average of 77.41 with three Blk steers averaging 1477 lbs, selling for 79.25. Walter McKenzie of Dublin consigned eight steers averaging 1475 lbs, selling for an average of 72.24, with one Roan steer weighing 1450 lbs. selling to Norwich Packers for 79.25. Heifers There were 240 heifers on offer. Johnston Farms of Bluevale consigned 21 heifers averaging 1389 lbs. selling for an average of 79.41 with one Mix heifer weighing 1285 lbs. selling to Holly Park Meat Packers for 81.50. David Bowles of Brussels consigned five heifers aver- aging 1320 lbs. selling for an average of 78.41 with one Limo heifer weighing 1370 lbs. selling to Norwich Packers for 79.75. Costa Plenty Farms of Wingham consigned 10 heifers averaging 1437 lbs. selling for an average of 79.55 with six Gold heifers averaging 1458 lbs. selling to Norwich Packers for 79.75. Merkley Farms of Wroxeter consigned 10 heifers averaging 1269 lbs. selling for an average of 77.71, with four Limo heifers averaging 1273 lbs. selling to Holly Park Meat Packers for 79.25. M -R Farms of Exeter consigned 14 heifers averaging 1378 lbs. selling for an average of 77.32, with three Gold heifers averaging 1362 lbs. selling for 79. Hugh Love of Atwood consigned 16 heifers averaging 1429 lbs. selling for an average of 77.48, with eight Char heifers averaging 1415 lbs. selling to Norwich Packers for 78.75. Greg McCarthy of Dublin consigned six heifers aver- aging 1310 lbs. selling for an average of 77.79 with three Red heifers averaging 1307 lbs. selling to Norwich Packers for 78.25. John Martin of Lucknow consigned five heifers aver- aging 1520 lbs. selling for an average of 73.75 with one Char heifer weighing 1450 lbs. selling to Norwich Packers for 78. Gerald Rathwell of Brucefield consigned 10 heifers averaging 1413 lbs. selling for an average of 75.97 with seven Mixed heifers averaging 1382 lbs. selling to Norwich Packers for 77. Cows There were 289 cows on offer. Beef Cows 37-42 sales to 54 D1 & D2 34-38 D3 30-34 D4 20-28 Maas Farms of Bornholm consigned one Mix cow weighing 1455 lbs. selling for 54. Veal There were 186 head of veal on offer. Beef 100-110 sales to 113 Good Holstein 85-95 Medium Holstein 70-85 Plain & Heavy Holstein Plain 60-70, Good heavy 75-85 Atlee Miller of Lucknow consigned one Red steer weighing 730 lbs. selling for 113. John L. Miller of Lucknow consigned one Sim steer weighing 735 lbs. selling for 110. Dan J. and Mary Byler of Lucknow consigned eight veal averaging 733 lbs. selling for an average of 105.39, with two Sim heifers averaging 663 lbs. sell - Agriculture ministers meet in Toronto TORONTO - Ministers of Agriculture from federal, provincial and territorial gov- ernments met last week in Toronto, announcing progress on programs in the new business risk manage- ment (BRM) suite for farmers and other elements of Growing Forward, the new policy framework for Canada's agriculture, agri- food and agri-based products industry. Recognizing the importance of a smooth transition to Growing Forward, ministers also announced they intend to seek the authority needed to continue non -BRM program- ming currently in place under the Agricultural Policy Framework (APF) for up to one additional year. This would provide for a transition period while Growing Forward programs are developed and imple- mented. Agrilnvest, AgriStability, AgriRecovery and AgriInsurance were announced in June and form a new suite of BRM programs for farmers. Ministers agreed to seek authority from their govern- ments and pending finaliza- tion and approval, to imple- ment the following: • Agrilnvest, producer accounts that provide cover- age for small margin declines; • AgriStability, the improved margin -based program that provides producers with assistance for larger income declines; and • AgriRecovery, the disaster relief framework. Agrilnvest was developed in close collaboration with pro- ducers and producer organi- zations. It will replace the coverage under the Canadian Agricultural Income Stabilization (CAIS) program for margin losses of 15 per cent or less. With agreement on AgriInvest, the federal $600 million for producer accounts can start flowing early in 2008. Agrilnvest responds to the long-standing desire of pro- ducers for programming that allows them to better predict their government contribu- tion in a given year. AgriStability is an improved margin -based program that will provide farmers with assistance for larger income declines. It replaces the coverage previously available under CAIS, compensating produc- ers when their margin in the program year is more than 15 percent lower than their ref- erence margin - their average margin from previous years. Producers who participated in 2006 CAIS will automati- cally receive a notice with information on their fee. Others can contact their program administration for information on how to partici- pate. The deadline to enroll and pay the fee is Dec. 31. ing for 105. Lambs: under 50 lbs. 110 - 165 50 - 65 lbs. 135 - 229 65 - 80 lbs. 166 - 206 80 - 95 lbs. 137 - 179 95- 110 lbs. 137-151 110 lbs. and over 130 - 155 Sheep 33-77 Goats Kids - $80-$100 Nannies - $80-$105 Billies - N/A Top Quality Stocker Steers under 400 lbs. 110-133 400 - 500 lbs. 108-121.50 500 - 600 lbs. 92-124 600 - 700 lbs. 88.50-108 700 - 800 lbs. 85.50-105.50 800 - 900 lbs. 84.50-105 900 - 1000 lbs. 88-94 over 1000 lbs. 78.25-91.25 Top Quality Stocker Heifers under 300 lbs. N/A 300 - 400 lbs. 84-110 400 - 500 lbs. 88-123 500 - 600 lbs. 80-105.50 600 - 700 lbs. 73-92.50 700 - 800 lbs. 77.25-89 800 - 900 lbs. 82.75-88 over 900 lbs. 78.50-85.50 Denfield Livestock Sales Denfield Livestock Market Report for Tues., Nov. 20. The market at Denfield Livestock Sales traded on a good demand at prices $2 - $3 higher on all classes of fed cattle with American orders very active. A good offering of cows sold actively at $2 higher, stockers steady, Holstein bull calves fully steady. Ralph Pool, Wyoming sold 11 steers average weight 1495 average price 77.45 to a high of 79.50 purchased by Peter Bos for Ralph Bos Meats on 22 Highway at Strathroy Ben Kleeman, Parkhill sold 12 heifers average weight 1345 average price 78 sales to 80.75 purchased by Tom Vanraybaeys for American orders David Minielly, Wyoming sold seven heifers average weight 1285 average price 76.22. Choice steers 75-80, Good steers 70- 75, Plain steers 65-70, Choice Exotic Cross heifers 75-80.75, Good Heifers 70-75, Plain Heifers 60-70, Good Fed cows 40-50, D1 & D2 cows 35-40, D3 & D4 cows 25-32, Shells 10-20, Good Beef bulls 40-52, Good Holstein bulls 35-40, Good Holstein bull calves $50-$140 INVESTMENT OPPORTUNITIES Consider these rates! Term 2 Years 3 Years 4 Years 5 Years 7 Years 10 Years Subordinated Debentures Interest Paid Annually 6.00% 6.25% 6.75% 7.00% 7.75% 8.50% Demand Loan Certificates (Interest Paid Monthly) All rates are subject to change. 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