The Goderich Signal-Star, 1987-03-18, Page 53More favourable income forecast
Agriculture Canada released in January
an updated and considerably more
favourable forecast of Canadian farm .in-
come f'or 1987.
The .previous forecast, prepared for the
AnnuaI Agricultural Outlook Conference
this .past December, indicated that 1987
realized net farm income would drop 18
percent from last year.
Departmental economists, after `con-
sulting Statistics Canada and • the pro-
vinces, have now taken into account the $1
billion Special Canadian Grains Program
and are forecasting 1987 realized net farm •
income at $4.74 billion. This shows little
change from last year, indicating the
positive effects of the Prograin on farm
income.
The addition of -$1 billion will raise the
•1987 total farm cash receipts of $20.4
billion.
The `blain impact of the Special ('ana-
. (Ilan Grains . Program is on the income •
f -([recasts for the -Prairie Provinces where`
the importance of the grain and Oilseed
ctor is -highest.
Moid:..ay be
affecting your
dairy feed.
Mold contamination of grain. and forage.-
_ crops has betaine an area of concern for
Ontario livestock producers.
Mold spores, ,�•vhich are widely
distributed in nature can infect plants and
..grains. before, • during - and after harvest.
With. -optimum temperatures- and high
humility, such as we experienced in the
summer • and trill. orf • 1986.• spores start to
grow. Evidence of fungus br mild con-
taniiflation, for example pink Mold in corn,
will soon become visible: Some molds! nay
be --har'ililess. other's may reduce the
nutritive value and palatability of feeds, -
still others, • may produce mycotoxins.
Whi•i) these -toxins are present, livestock
limy refuse to eat infected feeds, or if they
. • du eat- them the may suffer adverse side
effects.
It has in: the past been generally. ac
ceptecl that d,iir cattle are. considerably
. more -tolerant to mycotoxin contamination
. than simple -stomached animals such as
swine: There is recent evidence, however.
.which suggests this is nut the -case.
Research
he case-
Researcli an vulllitoxin, a produi•t ut
various forms of the fungus Fusarium, Ms
suggested that it is not a hazzard to cattle
unless it exists at unnaturally high levels
lin ppm i- greater t. However, the same
. cannot be said for zearalen(ule, a mycotox-
in frequently associated With corn. Levels
as low as 1.5 ppul have been associated
-. with.decreased conception rates in dairy
cattle, particularly heifers. In addition;
research has indicated that dietary
•zearalenone may be.excreted in the milk.
Unfortunately; research on zearalenone
has been limited to date and its effect on
milk production and pregnancy have yet to
be examined. • .
• If you feel you may have a problem -with
mycotoxin contamination in your dairy
feed stuffs, take the following precautions:
i. Contact your veterinarian, Agricultural
Representative or Dairy Cattle Specialist
to have samples of the suspect feed taken
and tested. •- -
ii. Use proprionic• acid or another preser-
vative to inhibit further mold'growth in:
.stored feeds.
iii. Dilute nluld . feeds down wit clean
feetIs
•fi .:!voxel Ieedlug moldy feeds to -heifers
v. -keep a ca retiil record of the -reproduc-
tive health in your herd .incl- if trouble
strikes remove the source of the inuld
ii miediatel�
For further information, please contact
yutfi• local:agrii ultural office:
In Saskatchewan, 1987 realized net'farm
income is now. forecast to be 34 percet
higher than in 1986, which was a low in-
come yearfor that province. However, it is
still forecast to decline in Manitoba ( down
21 percent), and Alberta (down 29 per-
cent ). Fot - the three Prairie Provinces
coinbined,.1987 realized net farm income
will still be -five- percent less than the
estimated 1986 level.
The Special Canadian Grains Program
is expected to have little impact on produc-
- tion decisions in 1987, resulting in unchang-
ed crop and livestock receipt forecasts.
The Program is, however, expected to
stimulate some modest increases in pur-
chases of inputs such as rertilizer and
repairs to Machinery and equipment.
'Depreciation costs in 1987 are expected
to be slightly higher than originally
-thought since some of the Program money
will be -invested in machinery and
c
buil(lings, inreasing the value of farm
capital stock.
Partially offsetting these increases
should be a decline in interest costs as the
more financially vulnerable recipients
reduce their outstanding debt.
For Many farmers in financial difficul-.
ty, the repaylhent of loans arrears will be
a top priority; the economists say.
Ontario Farm
Total trop Receipts
Total Livestock Receipts
Other Cash Receipts a
Total Cash Receipts
Income -In -Kind
Realized Gross Income
Income
Millions of Dollars
'86 Est. net income updated '87 forecast
1920.0 1625.8
3392.4 3556.0
165.9 312.0
5478.2.
67.6
55-45.8
Operating expenses :1350.7 .
Depreciation charges 607.1 `.
Total ()p. Expens.es & Dep.
('h arges
Realized Net -Income
% change.-- 1981i/55 h
!blue of lux viitor('hangs
"final \et Income
5493.9
71.0
5564.9
3574.7
608.7
4157.1+ 4183.4
1388.0
11.1
-339.8
102~
.2
1:381.5
0.5
a Includes receipts from sales of lorest and maple products. proyificial income
stabilisation pay mems. supplementary pay rnents, dais% ,supplementary payments.
incl deficiency pa} mems.
is Percentage change calculated prior to rounding.
,..ENDS
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CUNNINGHAM MOTORS
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