Times Advocate, 1999-12-22, Page 53Wednesday, December 22, 1999
Farm news
Milk product support prices to increase
OTTAWA- The Canadian
Dairy Commission (CDC)
has announced that, effec-
tive February 1, 2000, the
support price for skim milk
powder will rise from
$4.5247 to $4.6842 per
kilogram, and for butter,
from $5.4667 to $5.5407
per kilogram.
The market revenues
resulting from these higher
support prices will provide
dairy farmers with an
amount of $0.83 per hec-
tolitre, or 1.49 percent
above their current level of
returns. The decision
maintained the carrying
charges of $0.07 per hec-
tolitre associated with the
purchase and storage of
normal stocks of butter to
supply domestic market
needs, and to cover some
administrative costs relat-
ed to the CDC's domestic
marketing activities.
There is no increase in
the level of assumed
processor margin. The
CDC purchases butter and
skim milk powder at pre-
vailing support prices to
balance seasonal supply
and demand fluctuation on
the domestic market.
"The Commission
reached this pricing deci-
sion after giving careful
consideration of the Cost of
Production studies carried
out in the provinces, as
well as the views provided
by major dairy industry
stakeholders," explained
Chairman(Guy Jacob.
Support prices are used
as references by provincial
boards for pricing milk
sold to processors. Actual
consumer prices for dairy
products are also influ-
enced by many other fac-
tors such as transportation
and packaging costs and
margins obtained in the
supply chain.
The federal consumer
subsidy is being phased
out over a five-year period
ending January 31, 2002.
As the subsidy moderates
the price of industrial milk
products sold to con-
sumers, the Commission
has maintained the prac-
tice of recovering the
reduced federal payments
from the marketplace. As
in recent years, the
amount to be recovered is
$0.85 per hectolitre.
The higher level of pro-
ducer returns and the con-
sumer subsidy recovery
mean that the price of
industrial milk sold to
processors will increase by
$1:68 per hectolitre, or 2.7
per cent.
The Commission noted
that in the period 1996-
1999, returns to dairy pro-
ducers increased by 3.9
per cent while the
Consumer Price Index
(CPI) for all foods
increased by 4.5 per cent
and the CPI for all prod-
ucts increased by 4.2 per
cent.
Industrial milk is used to
make dairy products such
as butter, cheese, yoghurt,
ice-cream and skim milk
powder.
The Canadian Dairy
Commission, a federal
Crown corporation created
in 1966, is a key facilitator
within the Canadian dairy
sector. The CDC helps
determine, initiate and
administer policies and
programs which meet
dairy producer and
processor needs, while
ensuring that Canadian
consumers are provided
with adequate supplies of
quality dairy products. In
fulfilling its mandate, the
CDC provides a framework
for the federal/provincial
participation that is crucial
Denfield Livestock wee
The market at Denfield
met a very strong demand
at prices 2.00-300 higher
on all classes of fed cattle
with the fancy fed cattle
A.B. Case
Plumbing & Heatingi
91 Victoria Street, Nott
Exeter, Ontario
(519) 235-1404
Sheet metal, propane and natural gas,
heating and air conditioning, gas
furnaces and fireplaces, water heaters
MERRY
CHRISTMAS
& MANY
THANKS
trading at record high
prices. Cows sold strong
at higher prices. Stockers
fully steady. Pigs, sows,
and boars- steady..
Dan Harrigan, Lucan
sold 11 head avg. wt.
1292 lbs. avg. price
101.77.
Cameron Speers,
Crediton sold 6 steers avg.
wt. 1216 lbs. avg. price
102.26.
sales yard report
Choice steers 1.00-1.05
sales to 112,50; Good
Steers 95.00-99.00; Plain
steers 85.00-90.00; Choice
exotic cross heifers 1.00-
1.05 sales to 1.09.; Good
heifers 94.00-99.00;
Common and medium
83.00-89.00; Good cows
56.00-62.00 sales to
70.00; Canners and cut-
ters 45.00-52.00; Shells
25.00-40.00; Direct to
packer cows over 600 lbs.
1.08; Direct to packer
bulls over 800 lbs. 1.18
Good veal 1.00-1.10;
Plain veal 90.00-95.00;
Yearling steers 95.00-
1.10; Yearling heifers
95.00-1.10; Steer calves
120.00-145.00; Heifer
calves 120.00-140.00
Heavy sows 42.00-
46.00; Light sows 35.00-
40:00; Boars 20.00-35.00
given the shared jurisdic-
tion in the industry.
TK)
51
Raker'
Exeter Public
Cemetery
Rates for lot
sales, interment
fees
and flower beds
will be
ihstiareCapesittietrie INCREASING
tublike n i sts IN 2000.
233.1!6 273.7314
FAST Systems
111HZ, 13 GIG UItradm:=
7200RPM
`_it. rting a'; ;caw :V.
1r, 9
CHRISTMAS HOURS -
Closed
Dec. 25, 26 & 27
Wishing You A Safe
& .Happy Holiday
at Gift
no COMPUTERS iN LURE
2Yet Puts/Law Woody
Mown: 56KPCI HI*t
ir,i6dpilmilor
Mahn 191,
No,
Cadirainfect 2000
IgNTElEST NO PSR
ir$bcINrIK OAC,
"Am lt i j.raUL Chew rr.:a*
Ti/hirtiaiJintai
e5' a Happy New Year
Thank you for your
patronage and we look
forward to serving you
in the New Year
From everyone at
BORLAND
FARMS
& Jeff Borland Seeds
i
All of us at D&D Glass, your
Dashwood Window and Door Centre,
thank you for your business this past ytar.
We look forward to "the next Millennium"
I •
Frank Boyle Toby Kilby John Moore
Inside/Outside Sales Service Technician Service Technician
Roger Roth
Installer
Mike Bos
Assistant Installer
d: DASHWOOD'
WINDOW AND DOOR CENTRE
We're extending our
holiday best to you
and yours. May you
enjoy each and every
fun -filled day of this
very special holiday.
•
Trudy MacDonald
Receptionist
Dave Miller
Owner/Manager
PLEASE NOTE!
Marg Miller
Inside Sales
We will be CLOSED
FRIDAY DECEMBER 24 closing at 12 noon
RE -OPENING TUESDAY JANUARY 4
WINDOWS SALES
DOORS SORVICE
SIDING INSTALLATION
41 Third St., VANASTRA
LOCAL CALLS
482-7119
IF BUSY CALL Mi -U16
Int 1-800.524-1S'1i
Dashwood 237-3322
•