The Exeter Times-Advocate, 1974-10-17, Page 5Ball- Macaulay Ltd.
BUILDING CENTRE
th
In appreciation of your loyal patronage to our Clinton, Seaforth and Hensall Home Care
Building Centres during the past 25 years, WE OFFER YOU THESE OUTSTANDING in-
flation Fighting CASH SALE ITEMS. SALE ENDS.ON OCTOBER 26th, 1974
2 5
No. 1 Construction Grade
SPRUCE
2 x 4 --- 154 If. 2 x 8 ---
2 x 6 zdtk If. 2 x 10 - 484 If.
PLYWOOD
1/4" G.I.S. FIR
5 /16" SP. STD.
3/8" SP. STD.
1/2" FIR SELECT
4 x 8
4 x 8
4 x 8
4 x 8
ALL ABOVE ITEMS ARE SUBJECT TO QUANTITY DISCOUNTS
Color-Lok
12" X-NINETY
SIDING
Pre-Finished White
No Painting for 10 Years 5 5:00
SQ.
ASPENITE
4 x 8-- 1/4" 3 .99
STORAGE SHEDS
8 x 7
128.29
10 x 11
233.00
SPECIAL CLEARANCE
PATIO STONES
16 x 16 Natural -85-E 65c
16 x 16 Green l0'" 85c
16-x 16 Red Slate ,Locr 80c
Yellow
.111 other items in our llonw Cans Ccntre, are -,tihjcct to a 10' ('ash and Dkcount.
HOME CARE CENTRES IN
SEAFORTH 527-0910 CLINTON 1s2.3 HEN SALL 262-271.'
No Seconds No. 1 Quality -
WINDOWS
House lots of Mason quality Windows
with the exclusive Thermo Pane,
20-year guarantee.
LESS 2O %
FAMOUS GLIDDEN
EXTERIOR
HOUSE PAINT
688 Gal
PANELLING
4 x 8 Sheets
Huron Maple 4.79
Country Club Elm 7,95
Georgian Pecan 6.75
Panel, Adhesive, Coloured Nails
Prefin Trim in Stock
GLOSS WHITE
No. 2245
DROP IN AND GET YOUR YOUR FREE BOOKLET ON
How to fight
the rising cost of fuel
improymg
your home's insaafion.
INSULATION
For these hard to get places
CUT SOARING FUEL COSTS
2" thick 2 ZONOLITE 1 bag covers 24 sq. ft. .95
1 bag covers 40 sq.tf 2.20
2" thick
BUY 9 --- GET 1 FREE
R-7-71/2 4 R.12-121/2
R-10-114 R-20-224
FIBRE GLASS INSULATION
FRICTION FIT
PAL-O-PAK
1" 50
OTHER THICKNESSES in STOCK ‘if
STYROFOAM
4 x 8 ---
8.54
5.57
5.99
11.83
PFAFF
• Rural
• Industrial
• Residential
• Nutone Central Vacuuming
F REE ESTIMATES
Call Exeter 235-0909
ms;,:mann,
Agricultural economics getting more attention
By JACK RIDDELL M.P,P.
For the first time in recent
Canadian history, the subject of
agricultural economics is com-
manding widespread attention
from the press, consumers and
legislators, Higher food costs are
forcing the public to give
much more thought to their basic
source of food.
Canadian farmers are in the
mids,t of a period of un-
precedented high levels of farm
cash receipts due, in large part,
to world food shortages, related
high food demands, and an un-
controlled rate of inflation.
Costs of production, however,
have also risen rapidly with the
result that higher gross returns
are being consumed more rapid-
ly than increased production or
higher prices can counter
balance.
Thus, for individual commodi-
ty producers the situation may
vary considerably.
It is now becoming increasing-
ly clear to consumers, producers
and politicians that farmers
must receive adequate and
stable incomes in order that a
steady supply of reasonably pric-
ed, high quality food can be in-
sured, Nowhere else is this need
more apparent than among On-
tario's pork producers.
Hogs are on the poorest end of
the farming business today.
The average market price of
hogs in Toronto last week was
$55.39 per hundredweight or
roughly $90 per average hog.
While this is an increase from
the $40.00 per hundred weight
mark of last May; tremendous
feed price hikes and sagging pork
demands (consumption of pork
in Canada is down 3% from last
year) have taken away any
substantial gains to the farmer.
The Pork Producers
Marketing Board, in co-
operation with the University of
By MISS JEAN COPELAND
Intended for last week
Miss Rhea Mills is a patient in
the St. Mary's Memorial Hospital
at time of writing.
Mr. & Mrs, John Morphy,
Laurie and 10,01.0SPntP visited wrth the tormer's parents,
Dr. and Mrs. George Morphy on
Saturday.
Mr. & Mrs. Glenn Copeland,
Cynthia, Ellen and Deanna, Miss
Jean Copeland and Mrs. Vera
Mountain of St. Marys visited on
Saturday with Mrs. Ethel Walker
of Caledonia and Mrs. Roger
Miller and Steven of Fenwick.
Mr. & Mrs. Ted Insley and
Karen were Sunday visitors with
Mr. & Mrs. Ken Turner and
family of Windsor.
Centralia
Farmers
Supply Ltd.
Grain • Feed • Cement
Building Supplies
Cool
228-6638
Tired of your
Old Furniture?
Let us recover it
and make it
better than new
• Couches • Chairs • Rockers
•Recliners • Kitchen Chairs
FREE ESTIMATES
Pickup and Delivery
Large Variety of Samples
KIPPEN
UPHOLSTERY
Diane & Hubert Vander Velden
Phone 527-1250
Guelph has developed a formula
for arriving at a cost-of-
production figure for pork
producers.
This formula indicates that
even with modest input prices,
the farmer is losing money in
hog production,
Applying the formula to the se-
cond quarter of 1974, and using
the average feed costs of the
first quarter, the production cost
was $97.61 per hog for a 164 lb.
average hog,
The best price that hog
producers have received this
month has been $56 per hundred
weight or a loss of around $7.00
per hog. With the $40.00 price of
last May, the farmer was losing
about $19.00 per hog.
At the same time, feed grain
prices in Canada are at an all
time high. A farmer survey by
the Pork Marketing Board in-
dicates that on June 15 of this
year, a farmer was receiving
$2.82 per bushel for his corn. On
August 15, the figure had jumped
to $3.60 per bushel,
Last year, the price per bushel
of corn was $2.29 on September
15. Other feed costs have also in-
creased. Soybeans from $6.14 per
bushel in September 1973 to $7.12
in September, 1974, and barley
from $1.76 per bushel in
September, 1973 to $2.60 in
September, 1974.
These figures would seem to
have twofold results. On the one
hand, many farmers are
deciding that their feed grains
are too expensive to feed through
their livestock for losses later
on.
On the other hand, a farmer
who must buy a large share of
prepared feeds is losing in-
creasingly more money in hog
production. The situation now
seems to indicate that if hog
prices do not rise to meet at least
the cost of production, pork
producers will get out of the
business.
In fact, there are already in-
dications that pork producers are
cutting back on their breeding
stock, Figures from the Pork
Producers Marketing Board in-
dicate that in the first quarter of
1974 there were 21,331 sows
marketed.
This is 2.82 percent of the total
number of hogs marketed. Since
the end of June, the figure was
24,016 sows marketed or 3.77 per-
cent of all hogs. In 1973, only 3
percent of hogs marketed for the
whole year were sows.
The conclusion is that breeding
sows are moving to market in ab-
normal numbers. In fact, for the
last seven weeks, 4 percent of the
hogs marketed have been sows
or 2,000 pet"Week':
It is against this instability in
the farming sector, that most
provinces have made moves to
encourage hog producers to stay
in production during this crucial
period. In fact, it is only in On-
tario, Manitoba and New-
foundland that no subsidies are
provided.
In Manitoba, their Provincial
government subsidy has just ex-
pired.
In the short term, some type or
Provincial Government subsidy
is required to encourage hog
producers to stay in business
during this slow period. In the
long term however, a marketing
By GORDON MORLEY
Best wishes are extended to
Jim Hodgins and Cathy Lewis
who were married on Saturday in
Brinsley United Church,
Thanksgiving visitors were:
Ruth Trevithick,Toronto with Mr.
& Mrs. Jack Trevithick; Bill
Prest and friend, Lindsay with
Mr. & Mrs. George Prest and
Cindy, and Carmen Krainz with
Cindy Prest on Saturday.
Mr, & Mrs. John Schofield and
Elsie, Parkhill visited Sunday
afternoon with Mr. & Mrs.
Harvey Tweddle.
Mr. & Mrs. Cecil Hartle flew to
Phoenix, Arizona to visit with Mr.
Hartle's brother, Jack and Mrs.
Hartle and family for the week.
Joanne Cunningham visited
over the weekend with Karen
Hodgson.
Mr, & Mrs. Donald Lewis and
family, Exeter and Mr. & Mrs.
Harvey Morley, Ailsa Craig spent
Sunday afternoon and evening
with Mr. & Mrs. Earl Lewis.
Mr, & Mrs. Cyril Morley visited
Monday with Mr. & Mrs. Harvey
Morley.
program that matches hog
production to consumer demand
for pork and elimination of wild
price fluctuations will be needed.
Since the pork producers can
expect no real help from the
Provincial Government, the
Pork Marketing Board is taking
steps towards establishing trade
with the Japanese market, On
September 30, price pooling, on a
weekly basis Was started.
In this way, the majority of
fluctuations in hog prices for the
week are renioved. Before price
pooling, the price a farmer
received for his hogs might vary
from one price in the morning to
another in the evening.
The Pork Board has started
price pooling to facilitate the
marketing structure for future
sales with Japan. It now has
plans to offer hogs to contracting
packers at a negotiated price
based on their cost of production
formula. This cost of production
price would be re-examined
every 3 months to reflect any
changes in hog production during
this period.
Through these methods, the
Ontario Pork Producers
Marketing Board hopes to bring
some stability to hog marketing
in Ontario, in the future.'
6 R.
•