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Times Advocate, 1994-11-9, Page 23FR M l I ATF Times -Advocate, November 9,1994 Page 23 One Foot in the Furrow By Bob Trotter One foot in the seed drill? He sat beside me in the bleachers at the hog ring during the weekly sale at the stock- yards. "You better be careful what you write, mister," he said with a sly grin. He was in the farm- er's uniform: Kodiak boots, jeans, a plaid shirt, a wool -lined vest and a nondescript jacket. • He wore a tractor hat and it was not -- repeat not -- on back- wards. Wary, I looked him up and down before seeing the twinkle in the faded blue eyes. "What have I done now?" I asked, knowing I was going to get a cute answer. "Well," he said, "if you keep on writing about no -till fanning, you will have to change the name of your column. You can't have one foot in the furrow if you're into no -till farming." "I'll just have to call it one foot in the seed drill," I replied and we both got a good laugh. He started talking about agri- culture in the broad sense in- stead of simply regaling me with stories about the perils of raising pigs and the problems producing pork. In my experi- ence -- and I have been talking to and about farmers for more than 60 years -- a pork producer will talk about pork; a milk pro- ducer will talk about dairying and so on. Too few of them will talk about the problems in other areas of agriculture and only a handful will talk about the big picture. One of his most thoughtful re- marks had to do with the aging of the farm population. A few months ago, I wrote about the problem older farmers have when trying to pass the farm on to the next generation. "If your figures are correct and there are 125,000 farmers in Canada aged 54 or more, then a great many older men and wom- en are in a position to pass the farm along," he said. "I have a son who is never going to be a great student. He might get a high school diploma if I live long enough but he loves the faun and 1 would like to help him. "I want him to have the farm. That's why this new move by the Farm Credit Cooporation -- the Family Farm Loan Plan -- might be a dandy idea. I am about to look into it and I hope it is simpler than most of.these government plans." He chuckled, knowing full well that it wouldn't be. As I understand it, the new Family Farm Loan Plan will ap- prove a loan to a buyer of up to 90 percent of a farm's appraised value. I said I thought the plan �tY4�..:.+:it:;:.iCR'+Pvvi::i•:i9�:'Y..iS:6,.aC.f ., 4-H news Exeter H club `Crazy Crafters' create t -shirts EXETER - The third Exeter II 4-H meeting was held on October 27 at Melinda Nethercott's. This week the group tie dyed t -shirts in primary colours. They were asked "What is one thing that separates from a 'good' picture or composi- tion from a 'bad' one?" The club decided on a club name - they are now called the Crazy Crafters. The fourth meeting was held on November 3 and the group was go- ing to be working with leather. They were asked "What one thing that you would do to make a pic- ture or design balanced or interest- ing". Some of the things that you could do are to add texture, three dimension, colour, etc. They discussed craft ideas for projects, design basics, and the 10 guidelines for original composi- tions. The members were to bring four or fiv?geometric shapes to this meeting to try and make a bird, guyscoring a goal, or someone dancing. They talked about leather and what animals you can get this from and different ideas that you can do with leather or suede. The next meeting will be held on November 10 at 7:00 p.m. at Me- linda Nethcrcott's. Usborne 4-H club meets By Marcia Kirk KIRKTON - Thursday, October 27, the Usborne Baking Buds 4-H club held their first meeting, at Ann Morley's. With over 10 members, the agenda consisted of roll call, electing the club executives, and making oven -baked and microwave brownies. The members also had fun decid- ing on a group name. On Thursday, November 3, the Usborne Baking Buds 4-H club held theft, second meeting at Ann Morley's The agenda consisted of roll call, crossword puzzles and making different kinds of muffins. The next meeting is to be held November 17 at 4:15 p.m. at Mor- ley's. Soil conservation measures makes dollars and sense HURON, SASK. - One Saskatchewan rural municipality has recog- nized the economic advantages of soil conservation practices, and has even put its money where its mouth is. The Regional Municipality of Huron, about 90 km. northwest of Moose Jaw, offers tax credits to farmers who carry out one or all of three soil conservation measures: planting one-third mile of trees per quarter section; planting 60 or more acres of grass per quarter section; or planting one-quarter mile of grass run to replace a dirt run. For each of these conservation measures, a farmer will receive a land -tax rebate of 20 percent the first year, 15 percent the second year, 10,percent the third ycar, and five percent the fourth ycar. " he tax rebate system benefits farmcrs and the land, but it's also of great economic benefit to the R.M.," says Don Sloan, administrator of the R.M. of Huron. "Without such conservation measures, many land assessments will decrease. With the use of conservation measures, however, land assessments will remain the same or increase. "The advantages for everyone were just too great to ignore, so coun- cil passed motion this summer to accept applications for the rebates. Most farmers are very favorable toward the idea, as they know some- thing needs to be done and the rebates will get them over the financial hump. One farmer has already applied for the rebate, and seven more have promised to get involved in the next year," says Sloan. John Babcock, senior provincial soil conservation specialist, Sas- katchewan Agriculture and Food, says he's delighted to see the grass- roots incentives for implementation of soil conservation practices. "It's gratifying when governments and Individuals at the local level take responsibility for encouraging soil conservation. As Sloan says, gvetyone benefits," says Babcock. looked good in the brochure I received but I didn't know all the details. "You can get only 40 percent of the sale price right away," I said because I remembered a lit- tle from the brochure. "But you can make arrangements for the balance of 90 percent to be paid over a five-year period. It should give you enough to spend at least one winter in Florida if you pass the place along to your son." He grinned. "Who the hell wants to go to Florida?" he said. "I just want to spend a few mornings having a sleep -in when the cold winter winds blow. Maybe a little time to cuddle up...." I know he is about the same age as I am, well past the legal age of retirement and both of us laughed about cuddling up.,,As seniors, we ire seen by the younger generation as sexless and dispassionate. Both of us know that the younger generation is full of the stuff that we pile behind the barn when it comes to assessing the libidos of elders. I hope he gets approval from the Family Farm Loan Plan bu- reaucrats. He should get it for his sense of humor alone. Tax seminar CLINTON - The Ontario Minis- try of Agriculture, Food and Rural Affairs is offering a Farm Tax Seminar for farm families. The seminar will be held Thursday, December 1 in the OMAFRA sem- inar room, Clinton beginning at 12:30 p.m. John S.`McNeilly, Chartered Ac- countant, Exeter will be presenting farm tax principles that will help farmers in year end tax planning strategies. The registration fee for the seminar is $7. Preregistration is required. Cash basis accounting has al- lowed farmers much flexibility in farm income reporting and tax planning. John will discuss some strategies in addition to making presentations on personal, partner- ship, and corporation taxation; tax treatment of specific farm income and expense items; utilizing farm inventory provisions; claiming capital cost allowance, and farm losses. In addition, an update on GST, NISA and the $100,000 capital gains exemption, which ends this year, will be discussed. It is rec- ommended that farmers begin thinking about this matter now, and not to leave tax planning until their accountants are busy filing income tax. Deferred payments TORONTO - The Ontario Crop Insurance Commission announced November 3 farmers expecting a claim payment for losses in 1994 can arrange to have the payment deferred until 1995 for tax plan- ning purposes. The payments, made to farmers enrolled in the crop insurance pro- gram who suffer a shortfall in thc yield of their crops, are considered taxable income by Revenue Cana- da. Under the claim payment de- ferral option, however, eligible tarmers can now report claim pay- ments in the calendar year of loss- es or the following calendar year. "Farmers have asked for this tax planning feature, and we're pleased to be able to offer it to our clients," said Greg Brown, General Manager of the Crop Insurance Commission. Claim payments arc made if thc producer harvests less than thcir guaranteed production. Yield eval- uators will visit each enrolled farmer, and ask those eligible for claim payments whether they pre- fer to receive the payment in the 1994 or 1995 calendar year. Producers who choose to defer their claim payments will receive the claim cheque for 1994 losses in early January 1995. Workshop to be held for farm families CLINTON - The Ontario Ministry of Agriculture, Food and Rural Affairs is offering a two day workshop for farm families who want to start planning for retirement or the transfer of a farm. In Huron County, workshop dates.are Wednesday, Decem- ber 7 and 14 and February 9 and 16. Workshops run from 9:30 a.m. to 3 p.m. and are held in the OMAFRA seminar room, Clinton. Registration fee for the two day workshop, including two lunches and G.S.T. is $40. for one person. Multiple registra- tions from farms arc encour- aged and reduced group pric- es are available. Registration is limited to 24 per course. Seminars will be held by OMAFRA staff along with presentations by a lawyer, ac- countant, and a farmer. Topics include planning for retirement, wills, power of at- torney, business agreements, and other legal issues; strate- gies for the sale or transfer of farm assets, financing a trans- fer, developing family busi- ness succession goals, family communication and decision making. Two important topics of the workshop are an in depth re- view of the new power of at- torney legislation and the changes being made to the capital gains exemption. It is important for farm op- erators to take a step back from time to time to consider their own personal planning, as well as the business plan- ning necessary for a success- ful farm operation. Personal planning is imper4 ative in order to create cer- tainty for your future plans. Thi course will help you withperspnal and business is- sues in light of the latest legal 'and tax rules. Following the course, you will be better prepared to seek out and instruct your profes- sional advisors. For further information or to register contact the OMA - FRA office in Clinton. Funds allocated for sheep Industry projects TORONTO - An Industry Devel- opment Fund has been established to help address the long-term needs of Ontario's sheep industry, Minis- ter of Agriculture, Food and Rural Affairs Elmer Buchanan announced November 5. "This fund is created at the re- quest of the Ontario Sheep Market- ing Agency as a transition program between the National Tripartite Sta- bilization Plan and the proposed whole farm program," said Bucha- nan. The National Tripartite Stabiliza- tion Plan (NTSP) for lambs was ter- minated on February 28, 1994. Un- der the new fund, which will be administered by the Ontario Sheep Marketing Agency, a total of $33,670 is now available to the On- tario sheep industry. The Industry Development Fund will be used by the Ontario Sheep Marketing Agency for research, training, extension, advisory, mar- keting and promotion projects. The first project will involve computer software development to establish a database of market information from the 13 computerized auction markets in Ontario. "We're pleased to assist Onta- rio's sheep producers as they move towards a whole -farm safety -net program for their industry," Bucha- nan said. "Ministry staff are cur- rently working with stakeholders, other provincial governments and the federal government to develop the program. •lenserecl. •"SWEDISH - MADE" • • • • • Offer good until Dec. 31/94 With every purchase of Jonsered model 2045' - 2050' or 2054' receive free of charge a carrying case, a chain, a cap and a can of Duramax oil, total value of $80.00. '2045 = 45cc / '2050 = 50 cc / '2054 = 54cc clfrim Suppl Ltd Sales & Service Phone (519) 236-4934 Fax (519) 236-7330 22 Main Street, E., Zurich Presenting a Dealer that meets Uncompromising Standards: BECKER Products /nc. )00 Main Street, South, Exeter, Ontario. 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