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The Brussels Post, 1974-05-29, Page 11russets ockyard Report ;;The ickyard ,i)ieven tie me "..,„..fia then ,t; ling u ;ti re 1100 er. All er. Choice t0:11 sale ood S Market at Brussels s Friday, May 17th was with the good quality eting an active demand odium and plainer kind ndcr pressure. There cattle and 604 pigs on classes of pigs sold Steers - 46.00 to 48.00 to 48.50 plus 3. teers - 44.00 to 46.00 s 3. 1 welve i".4. !ray B 1-Peraging 4s. 3, ave ', 47.65 Inc P4vin R 'praging )''s 3, I our F ',,ati raging :Is 3, 1) ive s rivet' ,;;.raging s 3, 4 steer lton of ,'sold f -ring o )2 lbs. s • ive s nley ragi ng s 3, leven 'n Selle ,1 for 4 steel • , fled by ,1 for 4 A steer ed by ;pstow, hake• sales ood H 3. heife 'ahant 0 • lbs, s ' heife lbs, s heife ar of sold f steers consigned by ray of R.R.2, Bluevale, 1058 lbs. sold for 47.80 ith his offering of 35 raging 1066 lbs. selling plus 3. steers consigned by eed of Dungannon, 1103 lbs. sold for 47.50 steers consigned by arms of Hollyrood, 1077 lbs. sold for 47.00 teers consigned by Messer of Bluevale, 1112 lbs. sold for 46.85 steers consigned by rs averaging 1000 lbs. .10 plus 3. weighing 1250 lbs. oe Zettel of Walkerton .00 plus 3. weighing 1150 lbs. Wilbert Schurter of sold for 47.00 plus 3. eifers - 43.00 to 45.00 to 45.50 plus 3. eifers - 41.00 to 43.00 r consigned by Earl f Harriston weighing old for 45.50 plus 3. consigned by Jack of Gorrie, weighing Id for 44.28 plus 3. consigned by Jas. Atwood, weighing 820 r 44,00 plus 3. consigned by Percy Walton, weighing 930 r 48.50 plus 3 with his f 31 steers averaging elling for 46.90 plus 3. leers consigned by Johns of Seaforth 992 lbs. sold for 47.30 DON'T BURN. CANADA'S FORESTS! CROP & LIVESTOCK PRODUCTION INPUTS' IN ONE NEAT PACKAGE CIL Agromart isn't just another 'Farm Supply' centre. We're Specialists Crop and Livestock production. Our philosophy of doing business is simple . . If we can help you with better feeding and nutritional programs - If we can help you with better cropping programs. you'll put more dollars in your pocket. If we can do this, chances are, we'll get your business. Fair enough? '4C52z-Asx." -NOTICE - In order to assist with the late plant- . ing and until further no • Fertilizers • Twine Turf Products • Pesticides • Seeils * Grain Preservatives • N.1414. Silage Additive • Feed Supplements • Plastics •• Paints 414105 lowing hours will be in effee ArOrnart. notice the fol. t • A n, p l an h 4gricul f hdan The pth by i„,gricult 1.,ork Pr "The abiliza ,41 will be d CO ,fir all, fi Mario t4 gricult "This t ala tificial pork, .‘,4 it ' `odu cci , The p elgs ma 'ca '74, an sed dphilizat • !len! t tl ..t lielan ,,,'"We a tween tional hog stabilization of $37 per hog," Mr. Whelan pork producers enough as been .unveiled by said. . confidence to stay in business, urc Minister Eugene plan has been endorsed the Ontario Federation of tire and by the Ontario oducers. new federal hog tion plan is a pacesettefl refit both pork producers smilers," says Frank st vice-president of the Federation of ire. is not an incentive . Consumers should not rmed. This will not v push up the retail price " says Keith Weeden, 1, Ontario Pork* .s Marketing Board. Ian, which will cover all rketed between April 1, ci March 31, 1975, is on a totally new ion concept for 'al products, Mr. said. re stabilizing the margin feed costs and hog prices, but without interfering with either the price of feed or the A, Pork Producers endorse Hog stabilization plan announced by Whelan price Of pork. "the market will be free to follow its normal course, based on supply and demand, but pork producers will be able to plan production with renewed confidence because there will be a guaranteed minimum margin. "It is essential that producers be given this confidence at this time because they are caught in a squeeze between rising feed costs and falling hog prices. "If pork' producers are forced into bankruptcy by this squeeze, production will fall to the point where prices hit a sudden reversal, and consumers face a sudden and steep increase in retail prices," Mr. Whelan said. The plan that has been put into operation will guarantee farmers a margin of $22.41 per hundred- weight of pork between the wholesale cost of feed (grain and protein) and hog prices. "Because the • average carcass weighs 165 pounds, this works out to a margin guarantee The market at Brussels Stockyards Friday, May 24th was barely steady with • only choice cattle meeting a good demand. Choice Steers - 45.00 to 47.00 plus 3. Good Steers - 44.00 to 45.00 plus 3. A Steer consigned by George Underwood of Wingham 1240 lbs. sold for 46.75 plus .3. 32 Steers consigned by 'Earl Fitch of Wroxeter averaging 1071 lbs. sold for 46.50 plus 3. Seven Holstein Hereford Steers consigned by Horace Crawford of R.R.6, Goderich averaging 1457 lbs. sold for 44.15 plus 3. Eight steers consigned by Harvey Messer of Bluevale, averaging 1057 lbs. sold for 46.40 plus 3. Two steers consigned by Gordon Roulston of Ripley, averaging 1080 lbs. sold for 46.50 plus 3. A fancy light steer consigned by James Hayden of Goderich, weighing 930 lbs. sold for 46.75 plus 3. Thirteen steers consigned by Ross Knight of .R.R.3, Brussels, averaging 1087 lbs. sold for 46.10 plus 3. Six steers consigned by Rill Adams of R.R.5, Brussels, averaging 983 lbs. sold for 46.30 plus 3. a steer consigned by Bill McWhinney of R.R.5, Goderich weighing 1240 lbs. sold for 46.00 plus 3. Choice Heifers - 43.00 to 45.00 with sales to 45.75 plus 3. Good Heifers - 40.00 to 43.00 plus 3. Eight heifers consigned by George Wheeler of Brussels, averaging 993 lbs. sold for 45.75 pluiS 3 with his offering of 30 heifers averaging 990 lbs. selling for an overall price of 44.80.plus 3. A heifer Consigned by Everett Storey of Dublin weighing 940 lbs. sold for 44: plus 3. Choice Cows - 32.00 to 34.00 with sales to 35.00. Good Cows = 30.00 to 32.00. A Post Classified will pay you dividendt. Have you tried one? Dial Brussels 887-6641. The margin guarantee of $22.41 per hundredweight is based on the 'five-year average of wholesale feed costs, leading up, to. April 1 this year, and 'the national average pork price for the same five-year period. The figure of $22.41 represents 90 per cent of the,average margin of hog prices over feed costs during. the five-year period. Deficiency payments to producers will be based on all hogs which index 88 or better under the federal hog grading program, up to a maximum of 1,500 hogs per farm. To ensure eligibility producers should ret air proof of sale of their market hogs; such as hog carcass grading certificates. The payment per hog, Will be calculated next•April 1, when the government 'can determine the actual margin achieved during the year; and how much it falls short of the guaranteed margin of $22.41 per hundredweight. Hog producers who participate in a multiple-owneeoPeration will be eligible to submit individual claims. The federal plan will be independent of any programs which provincial governments may wish to operate. "Farmers 'have been searching for a much better form of price and income stabilization for many years," Mr. Whelan said, "and we think this new concept of stabilizing margins is a fresh idea that will work well to protect the interests of both producers and consumers. "On the one hand, it will give but the margin guarantee will not be so high that producers can ignore Market demand and prices. Pork producers will have to employ the top-notch management and skill to turn a reasonable profit at this margin, so pork production won't become a welfare 'haven for people who can't make a go of any other line of business," Mr. Whelan said. "On the other hand, the consumer will enjoy the lower prices that naturally occur in times of surplus production, such as we are experiencing right now. We also hope that consumption will increase in response to these bargain prices, and help to clear the market," Mr. Whelan added. "If hog prices drop any further, consumer pork prices should go down, but the farmer' will be protected because the federal subsidy will increase to guarantee the margin," Mr. Whelan said. The pork stabilization plan is an Somebody. Wants What You Don't Need! SELL Through, - Brussels Post Classified Want Ads interim measure, which will be operated by the Agricultural Stabilization Board/but, a similar' concept could be applied as an ongoing program, Mr . Whelan said, He went on to say that work would continue with the industry to develop an ongoing program best designed to suit their needs. Green forests mean clear waters, pleasant countryside, plenty of jobs. FIRES destroy all these. Open 8 a.m. to 8 p.m. Monday to Saturday CALL . Phone 887-60/6 Agromarte Look in the Yellow Pages uhd6r "Farni Supplies'' THE BitUSSELS POST MAX 29, 1974-ti.