The Brussels Post, 1975-01-22, Page 11DRY CLEANING SPECIAL
SWEATERS 794 each
Jumbo. Style Extra
Offer Good Until. February 1st-
LISTOWEL DRY
CLEANERS.
Free Pickup and Delivery
Brussels Agent Jacob's Saddlery Shop
Sanitane
Prices to stay high
Agriculture .Conadtpredich outlook for 1975
Canada's agriculture industry
is in a pretty healthy state and the
outlook for 1975 is for continued
growth -- higher production,
expanded trade and improved
gross but lower net farm income..
The sensitive spot is the livestock
industry where producers, caught
by high input costs,' will
experience' difficulty until a
rationalization of feed prices and
livestock populations takes place
on a worldwide basis.
The present situation and the
outlook for 1975, by commodities,
has been considered by
Agriculture Canada economists
and their summaries follow.
Gross farm income in 1974,
according to .Statistics Canada's
preliminary figures, was $9.2
billion, an increase of $1.8 billion
over 1973. Operating expenses,
however, went up by more than a
billion dollars and, taking into
account depreciation charges and
the value of inventory changes,
the net farm income for 1974 was
$3.39 billion, up just slightly from
$3.34 billion in 1973.
The outlook for 1975 is for a
slight increase in gross income
but another substantial increase
in operating expenses leaving the
farmer with a lower net income
than in 1974.
Wheat, Feed Grains, Oilseeds
Prices for 'wheat, feed grains
and oilseeds are expected to
remain strong throughout 1975
although some weakening is
possible in the late months of the
year if there is evidence of
increased production.
Economists at Agriculture
Canada foresee a further
reduction of world wheat stocks.
World trade in feed grains will
decline due partly to a reduction
in livestock population and partly
to a change in feeding patterns as
a result of high prices of feed.
Wheat
World requirements for wheat
increase at a rate of about 3.6 per
cent a year calling for an increase
of some six million tons of
production. Failure of 1974-75
supplies to measure up to
expectations in spite of efforts by
many countries for increases
means that' world stocks will be
reduced to 46.5 million metric
tons from the 57.5 million metric
tons on hand at the end of the
1973-74 crop year.
In Canada, the acreage
increase expected in 1974 may
occur in 1975, Plantings of 27 - 28
million acres would be in keeping
with production needed to
replenish stocks and meet export
commitments. This will require a
reduction in the summerfallow
from last year's almost 27 million
acres.
World stocks will have to be
rebuilt substantially before any
significant price declines occur.
Feed Grains
Prices remain., high and world
trade in feed grains is expected to
decline by more than 20 per cent
in 1974-75 with Europe, Japan
and the Soviet Union importing
substantially less.
World prices are not likely to
move much lower until there is
some assurance of sharply
increased export supplies. That
will depend to a large extent on
the size of the -United States corn
crop.
In Canada, the current high
prices should result in some
expansion of seeded acreage, To
service OverseaS barley markets
and Maintain adequate domestie
stocks, there is a need for 13
million acres of barley, an
increase of 13 per cent Over 1974. '
Oats are in tight Supply and to
meet prospective demand there is
need for an acreage increase to /
Million. Rye acreage of 843,006
was adequate last year and need
not be increased. But an increase
in corn acreage above last year's
1,46 million acres is desirable.
Oilseeds
World oilseed supplies suffered
from .a 20 per cent decrease in
production by soybeans in the
17:S. in 1974, but oilseed, edible
oil and oilsedd meal supplies from
other parts of the world are
increasing. Brazil is increasing
soybean productidn, the USSR
had a record vegetable oil output.
the West African peanut crop
improved aiid palm oil production
in Malaysia is up 22 per cent.
Vegetable oil supplies,
however, remain tight and market
prices are not expected to decline
by much. But the price squeeze in
the livestock industry ;las reduced
the demand for protein meal.
LIVESTOCK
Whether or not Canadian
livestock producers make money
this year will depend on feed
grain prices and price levels on
the Canadian and U.S. Meat
markets.
1974 was a year of uncertainty
and adjustment for both cattle
and hog producers and this
adjustment will continue,
particularly in the cattle industry,
in 1975.
There will be more beef on the
market this year, Agriculture
Canada's economists predict,
and, a larger portion of it will
come from cows, calves, lighter
steers and forage and grass-fed
animals compared with previous
years.
Lower supplies of pork and
lamb are expected at steady or
higher prices.
Beef
Prospects for the beef market
are hard to call this year. The past
year has been an abnormal one
for the cattle markets. What
further market adjustments
producers will make in 1975 is
still not clear.
Supplies and prices of feed,
meat trade quotas with the United
States and the general state of the
rest of the economy will all have
an impact on beef prices in the
coming year.
However, some market factors
can be predicted.
Agriculture Canada economists
expect beef output to be up again
in 1975. Cattle numbers in
Canada have been steadily
increasing since 1970. Although
beef breeders are now putting on
the brakes, 1975 will still see
increased numbers of cattle on
the market.
This will be particularly true for
calves, cows, heifers and light
steers, as farmers reduce herd
sizes and ship lighter animals
than usual because of high feed
costs through the winter months.
Although the number of cattle
marketed could be up by six to
eight percent, the large portion of
light animals will mean a
somewhat smaller increase in the
total beef output in pounds.
Prices for Al and A2 steers at
Toronto could average in the $50
to $55 a hundredweight range for
the first half of 1975, as compared
with the $48 per hundredweight
average for those grades in the
first half of 1974. Wide price
spreads between the higher and
lower grades of slang hter cattle
will likely continue in 1975.
The profit potential may lie
improved by cattle feeders this
year, largely as a result of lower
priced feeder cattle. However,
profits will still be greatly
influenced by feed costs.
Hogs
Farmers' will be paid more for
their hogs in 1075, Agriculture
Canada economists predict.
Whether their overall profit
picture will improve depends on
what happens to feed grain prices
and the costs of their other
inputs.
Canadian hog producers have
reduced hog numbers by three
per cent since 1973 and reduced
breeding stock by five per cent.
Thus. hog marketings will be
lower in 1975. The hog slaughter
for the first half of 1975 is
expected to be down by six to
seven per cent.
This should strengthen prices
on the Canadian market and hog
prices at Toronto for the first
quarter of 1975 are expected to
average above the 1974, January-
March average of $51. Normally,
the market is lower in the spring,
but this year, hog prices at
Toronto could remain firm
through to the summer,
averaging well above the $42.25
per hundredweight figure
recorded for the second quarter of
1974. In the last half of the year,
prices should be at least equal to
the $54.40 per hundredweight
average for the latter part of 1974.
Sheep and Lambs
Agriculture Canada economists
expect lamb prices to remain high
in 1975.
Last year, lamb prices hit
record highs at Toronto and other
Canadian markets in response to
steady consumer demand. There
were fewer sheep and lambs
marketed in 1974 following a six
per cent decline in ,the number of
sheep on Canadian farms.
The sheep and lamb population
will probably continue to drop
again in 1975, though not as much
as in 1974. Therefore, sheep and
lamb slaughter will be down.
The East Wawanosh Township
Council held it's inaugural
meeting at 11 a.m. on January
7t h, 1975, with Reeve Simon
Hallahan presiding and all
members, Gerald McDowell,
Robert Charter, John A. Currie
and Neil G. Vincent present. The
members of Council signed the
"Declaration of Elected Office
and Oath of Allegiance for the
1975-76 term. Rev. John Roberts
addressed Council. The members
of Council, Rev. Roberts and
officials of the Township were
entertained to dinner by the
Reeve.
By-Law No. 1, 1975, a by-law .to
authorize the borrowing of
$150,000.00 to meet, until the
taxes are collected, the current
expenditures of the Municipality
for the year, was given the
necessary readings and passed.
The following' memberships
were paid. "Ont. Good Roads
Assoc." - $25.00. Ontario Farm
Drainage Assoc. $15.00. A
Building Permit was approved
and issued to Dale Hussey.
A sign is to be erected at the
Landfill Site requesting "No
Dumping of Wire or Appliances".
A petition re the Deacon-
Thompson Municipal Drain was
accepted and a letter forwarded to
E.W.Shifflett of Gamsby and
Mannerow Ltd., re instructions to
proceed with a report.
Recommendations received
front the Federation of
Agriculture that Ontario Hydro
Power establish in More remote
areas were endorsed.
The annual levy of $950,60 will
be paid to the Myth District Fire
Area.
Local share of levy, 18% for
new Tank. Truck for Wingham
Dist. Fire Area amounts to
$3,419.64.
EGGS AND POULTRY
Egg production during the
first half of 1975 will remain
above domestic table demand.
Pullet replacements have been
slower since mid 1974.
Agriculture Canada economists
foresee egg prices steady to
higher during 1975 with a higher
return to producers due partly to
the influence 'of higher prices in
The following are the
appointments for the year 1975.
Maitland Valley Conservation
Authority, - Ross Taylor;
Wingham Hospital Rep.,, Howard
Walker; East Wawanosh
Recreation, Parks - Community
Centre Board, Robert Charter,
Gerald McDowell,
Leonard Robinson, Tom Black,
Robert Marshall, Wm.
Stevenson, Sam Pletch and one
rep. from Women's Institute to be
appointed. Auburn hall Board:
Gerald McDowell; Wingham &
Dist. Fire Comm.; John Currie,
and Neil Vincent; Blyth & Dist.
Fire Comm.; Simon Hallahan,
Robt. Charter; Blyth Union
Cemetery: Robert Charter;
Fence-Viewers: Geo. McGee,
John Jamieson, Phil Dawson,
John Lockhart, John Armstrong
and John Hallahan;
Pound-Keepers: Robt. Carter,
Athol Bruce, Chas. Smith, John
A. Currie. Blyth Municipal
Recreation Comm: Robt.
Marshall. Livestock Valuers:
Ernest Snell, Keith Weber.
the United States and to the
pricing policies of the Canadian
Egg Marketing Agency. During
the year,supply must 'be brought
• more closely in line with demand.
It is estimated that 1974 egg
production in Canada exceeded
500 million dozen from a laying
flock that grew to about 27.5
million birds. The flock is
expected to be down to 25.7
the year. That should produce
about 482 million dozen eggs in
1975.
Part of the heavy egg
production of 1974 is attributed to
changed marketing patterns
brought about by the non-
regulated egg producers. Most
provinces allow non-regulated
producers to have up to 500 laying
hens.
Due to the high costs of poultry
meat, production has been
decreasing. However, the carry,
over of poultry meat in storage is
large so the decrease will not be
reflected by the marketings
through thk.: first part of the year.
Broiler chick replacements
have averaged sevent o eight per
cent below year-earlier levels
which should do much to correct .
the stock position. Roaster
chicken production is expected to
remain about normal with some
producers holding broilers to
roasting chicken weight.
Prices are expected to remain
at relatively high levels, partly
due to reduced pork supplies.
The Road Superintendent's
salary increased $75.00 per
month. The wages for the 1st
Road Grader Operator increased
$1.20 per hour to $4.50 per hour.
2nd. Road Grader Operator
increased $1.20 to $4.30 per hour.
Labourer increased .50 per hour
td $3.00 per hour. Landfill
Supervisor increased $1.20 per
hour to $3.50 per , hour. The 1
salary of the clerk increased I
$50.00 per month.The Treasurer
had an increase of $35.00 per;
month.The fee for Reeve was set'
at $700.00 per annum and for I
councillor at $500.00 per annum.
All convention expenses were set
at $70.00 per day plus
registration.
An increase of $150'.00 to
$400.00 annually will be charged
toVillage of Auburn for use of the
East Wawanosh Landfill site.
Road Accounts of: $1,329.29
and the General Accounts of
$5,848.12 as presented were
passed and paid.
Council will meet again on
February 4th, at 1 p.m.
Prices for good, lambs should be
the same or higher than the 1974
average of $52,25 per
hundredweight (Toronto market).
Wool prices, on the other hand,
are expected to drop..
Dairy
Canadian milk production is
expected to increase in 1975 to
16.9 billion pounds, up by, about
200 million pounds from 1974.
Although there is potential for a million by June 1975 and
larger increase in milk output, the / hopefully 25 million for the rest of
industry will be influenced by
high feed and other input costs.
Butter production is not likely
to increase from 1974's level of
231 million pounds. Butter
imports in 1975 are expected to be
close to 1974 levels of about 50
million pounds.
Total farm cash receipts from
the sale of milk and cream will
likely hit record levels again in
1975, up from 1974's 51.1 billion.
Milk cows on farms numbered
about 2.08 million in June, 1974,
a decline of 72,000 or three per
cent from 1973. Dairy heifers
numbered 550,600, up two per
cent from 1973.
E. Wawanosh ups salaries,
makes appointments
tHe BRUSSELS •ItoOtt , JANUARY 2 f 1375-11.
F. •