The Citizen, 2017-09-21, Page 23oslt
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THE CITIZEN, THURSDAY, SEPTEMBER 21, 2017. PAGE 23.
Agriculture
Brussels Livestock report
wHURON TRACTOR
BLYTH
JOH RE 519-523-4244
www.hurontractor.com
Fed steers, heifers sell on selective demand
Total receipts for Brussels
Livestock for the week ending Sept.
15 were 1,539 cattle and 747 lambs
and goats. On Tuesday fed steers and
heifers sold on a selective demand at
prices $4 to $5 lower. Choice steers
and heifers sold $120 to $125 to a
high of $136. Second cut sold $116
to $120. Cows sold steady. On
Thursday veal calves sold on a good
active trade. Lambs sold on a good
active trade at steady prices. Goats
sold barely steady and sheep sold
steady. On Friday calves and grass
cattle sold on an active trade at
steady prices. Heavier heifers sold
on an easier market.
Goetz Contracting of Mildmay,
consigned two steers that averaged
1,338 lbs. and sold for an average
price of $120.19. One bwf steer
weighed 1,380 lbs. and sold for
$126. Leonard and Andrew Black of
Proton station, consigned 12 steers
that averaged 1,598 lbs. and sold for
an average of $122.11. One red steer
weighed 1,655 lbs., sold at $125.50.
Southlore Farms of Palmerston,
consigned 12 head that averaged
1,381 lbs. and sold for an average
price of $118.18. One red heifer
weighed 1,475 lbs. and sold for
$136. Robin Riehl of Gadshill,
consigned six heifers that averaged
1,444 lbs. and sold for an average
price of $104.01. One red heifer
weighed 1,385 lbs. and sold for
$124.50.
There were 200 cows on offer.
Export types sold $70 to $80; beef,
$75 to $90 with sales to $115; D1
and D2, $68 to $80; D3, $58 to $68;
D4, $45 to $60. Middlekamp Farms
of Ripley, consigned one rwf cow
that weighed 1,140 lbs. and sold for
$115.
There were 15 bulls selling $78.50
to $98.50. Darrel and Sandra Weber
of Belgrave, consigned one black
bull that weighed 1,590 lbs. and sold
for $98.50-.
There were 200 head of veal on
offer. Beef sold $140 to $164 with
sales to $179; good holsteins, $135
to $150 with sales to $155.50; S1
heavy holsteins, $125 to $135; heavy
holsteins, $105 to $120; medium
holsteins, $125 to $135. Lamar Frey
of Listowel, consigned three heifers
that averaged 837 lbs. and sold for
an average price of $157.86. Two
limousin heifers averaged 830 lbs.
and sold for $167. Reuben S. Martin
of Wallenstein, consigned one grey
steer that weighed 895 lbs. and sold
for $179. Raymond Kuepfer of
Kincardine, consigned two holstein
steers that averaged 710 lbs. and sold
for $155.50.
Lambs under 50 lbs. sold $203 to
$290; 50 - 64 lbs., $288 to $300; 65
- 79 lbs., $258 to $298; 80 - 94 lbs.,
$226 to $248; 95 - 109 lbs., $234 to
$244; over 110 lbs. sold $228 to
$235.
Sheep sold $100 to $200 / Ib.
Goats: kids sold $150 to $250;
nannies, $80 to $160; billies, $150 to
$300 / lb.
Top quality stocker steers, 400 -
499 lbs. sold $241 to $270; 500 - 599
OFA urges farmers to speak
against proposed tax changes
By Mark Wales, Director,
Ontario Federation of Ontario
Incorporated farm businesses in
Ontario are facing devastating tax
implications if the federal
government approves proposed
changes to the private corporation
tax system. About 25 per cent of
farm businesses in Ontario and
Canada are incorporated and could
be hit with a hike in accounting and
succession planning fees and severe
limitations on farm transfer options
to the next generation.
The implications of the proposed
tax changes could be damaging to
farm businesses across the country.
Many farms, including incorporated
farms, are passed down from
generation to generation.
Incorporation is a way of structuring
a business that many farmers and
small business owners across
Canada have decided makes sense
for their business. But the term
`corporate' has no bearing on the
size or type of farm. Incorporated
farm businesses in Canada are
mostly family owned and operated.
Incorporation of any farm is a
serious business decision that often
comes with increased complexity
and fees from advisors such as
accountants and lawyers. One of the
primary reasons businesses choose
to incorporate is to limit their
liability and protect their personal
assets such as their home.
Incorporation can also play a key
role in passing the family farm
business down to the next generation
and ensure the continuity of the
business. That's why Ontario and
Canadian farmers aren't taking the
proposed changes lightly.
Consultations on the tax changes
are only open until Oct. 2 with
implementation scheduled for
January of 2018. This aggressive
schedule immediately undoes a
generation or more of succession
planning and requires quick
decisions to be made that will
significantly affect future
generations. The Ontario Federation
of Agriculture (OFA) is asking all
farmers — especially those with
incorporated farm businesses who
will be impacted by these proposed
changes — to talk to their local MP
about the serious implications to
primary agriculture and farmers
across Canada.
We have to act now. And the OFA
is making it easy to speak up and tell
our elected officials that Canadian
farm businesses won't stand for this
drastic overhaul of the private
corporation tax system that would
add complexity and uncertainty to
any farmer with an incorporated
farm business. Visit
actnow.ofa.on.ca to speak up and
send a letter to your MP letting them
know the changes will be
devastating to your farm and farmers
across Ontario and Canada.
Consultations are only open for a
few more weeks and if approved,
these changes will go into effect on
Jan. 1, 2018.
The federal government needs to
understand the consequences of
these proposed tax changes and the
impacts they could have to farmers,
farm families, rural communities
o
#1 And We
/Still
Recent circulation figures show
The Citizen has the
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northern part of Huron County,
#3 in the entire county.
The Citizen
Proudly
Community -
Owned
Since 1985
and our agri-food industry are
simply unacceptable.
BRUSSELS LIVESTOCK
Division of Gamble & Rogers Ltd.
UPCOMING SALES
TUESDAYS
9:00 a.m.
Fed Cattle, Bulls & Cows
THURSDAYS
8:00 a.m. Drop Calves
10:00 a.m.Veal
11:30 a.m. Lambs, Goats & Sheep
FRIDAYS
10:00 a.m. Stockers
Visit our webpage at:
www.brusselslivestock.ca
email us at:
info@ brusselslivestock.ca
Call us 519-887-6461
lbs., $212 to $254; 600 - 699 lbs.,
$206 to $234; 700 - 799 lbs., $202 to
$211; 800 - 899 lbs., $191 to $194;
900 - 999 lbs., $178 to $189; 1,000
lbs. and over, $163 to $175.
Top quality stocker heifers, 400 -
499 lbs. sold $189 to $213; 500 - 599
lbs., $170 to $195; 600 - 699 lbs.,
$170 to $181; 700 - 7991bs., $167 to
$183; 800 - 899 lbs., $170 to $182;
900 lbs. and over, $140 to $163. Ben
and Mike VanDiepenbeek of
Goderich, consigned eight charolais
steers that averaged 654 lbs. and sold
for an average price of $234. Jay
Squire of Lucan, consigned seven
red heifers that averaged 778 lbs.
and sold for an average price of
$183.
- 1 -
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