The Huron Expositor, 1988-11-23, Page 4dA - THE HURON EXPOSITOR. NOVEMBER 23, 1988
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1
Hog producers hard hit by prices
How would you feel if someone said you'd
have to pay for the privilege of going to work
every day?
This is basically what has happened to
pork producers. With low pork prices and
high feed prices, producers are going
through some tough times right now.
The effects of the markets are being felt
by producers across North America, but
they can also be seen in the Seaforth area.
Small operators are getting out of the
business, large operators are cutting back
their production and are actually having to
pay for each hog they market rather than
make a profit.
John Bancroft, a farm management
specialist with the Ontario Ministry of
Agriculture and Food has statistics to show
how much feed prices are increasing and
how hog prices are dropping.
STATISTICS
Feed is by far the largest cost in a hog
operation, and prices have risen significant-
ly. Dry conditions during the summer
meant many producers didn't produce as
much of their own feed as they would under
better conditions, and therefore have to pur-
chase more feed at the current high prices.
The cost of soybean meal in October 1987
was $325 per metric ton, and the cost in Oc-
tober 1988 was $426. Grain corn sold for
$96.14 per metric ton in October 1987, and in
October 1988 sold for $146. On the other
hand, hog prices have dropped. The market
hog that sold for $1.73 per kg in October 1987
sold for $1.28 in October 1988.
Mr. Bancroft also quotes figures to show
the number of hogs going to market is up
over one year ago when conditions were
more favorable for pork producers. 5.5 per
cent more hogs are going to market in On-
tario than were last year, the national
average is up seven per cent, and 10 per cent
more animals are being marketed in the
United States.
From his information, Mr. Bancroft
predicts it will be into spring or summer
before producers see a significant change in
the value of a market hog.
INPUT FROM LOCAL PRODUCERS
John Tucsok, manager of Tucker Porc at
RR 4 Seaforth, says the current hard times
are part of an up and down cycle of supply
and demand which producers will always
deal with.
The hog industry is a free market and
there is no supply management. When profit
margins are good small producers breed
and there gets to be a large supply of
animals. Down the road, with the increased
supply, the profit margins drop. As a result
the small producers can't make a profit and
quit, and supply once again drops, and de-
mand is therefore increased.
Although producers know there will be an
end to the current hardships, Mr. Tucsok
says there is still definite concern now.
"When you have high feed prices at the
same time as low commodity prices profits
are really squeezed out," he explains.
"There's farmers who just can't continue
production. I think there's definitely some
who are hurting a lot."
Tucker Porc is in the business of selling
breeding stock, and Mr. Tucsok says he can
see the effects the markets have had on
business.
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"Some customers have gone out of
business, another couple are not buying
breeding stock and just waiting to see what
this will do, and new customers are hard to
get because demand is down for breeding
stock," he says.
Bob Robinson of Vista Villa farms is also
in the business of selling breeding stock and
producing market hogs.
"The short and the long of it is that pro-
ducers are losing $40 to $50 per head for
every animal they market. That depends on
what they include in their costs, but that
probably doesn't include labor," he says.
Mr. Robinson says it is only in the past
month that the real "crunch" has hit the
pork producers, but for the past three mon-
ths he would estimate producers have been
losing $35 to $40 per animal.
In the midst of this is the hog tripartite
which will provide pork producers with
some relief. For over two years many pro-
ducers have been paying into the program,
and their dollars have been matched by both
the provincial and federal governments.
Their money is reserved until producer's
profits go below 90 per cent of the cost of
production, then payments are made from
the stabilization program. This payment
will be $23 per hog marketed in the current
situation.
Each of the producers interviewed said
the stabilization program would help absorb
some of the shock of the poor commodity
prices, and could help some producers stay
in business who would otherwise go under.
But, because these people will keep produc-
ing, the cycle of supply and demand will
take longer to complete itself, as low market
prices will be prolonged by continued
overabundant supply.
"If you hang in there it'll turn around,"
assures Mr. Robinson, "but there's some .•
people who can't afford to hang around."
Neil Murray says it will be producers with
30 to 40 sow herds who will be dropping out.
"Once you've got over 100 sows you're.
pretty well locked in," he says.
Mr. Murray has a 106 sow operation. It
was formerly a 125 sow operation, but he has
had to cut back.
Mr. Murray predicts it will be another
year before good times return for pork pro-
ducers. A new cropping year will have to
begin before feed costs return to an affor-
dable level, and he says pork prices general-
ly run in a 14 to 15 month cycle.
Dave O'Rourke of O'Rourke Transport in
Dublin hauls livestock in the Seaforth area
and knows the market here. He sees another
problem for the pork industry, and that is
the strikes at packing plants across the pro-
vince. He is hauling hogs to Quebec to be
slaughtered instead of to plants in Ontario.
He also points out the recent strike has
hurt prices. In the beginning of October he
says the price for a market hog was $1.31
per kg, and it is $1.17 now.
He says tripartite "is a band-aid", but the
situation is "gloomy looking". So far, he
says the only producers he has seen pack it
in are those who have a second income to
fall back on.
"In our particular business there are
smaller operations that aren't finding it
worthwhile, but the more established guys
are riding the storm. They don't have much
choice."
Hog farmers can set priorities in tough times
BY ANDY SANDE,
HURON COUNTY PORK ADVISOR
As margins shrink, many hog farmers
will undoubtably be facing a certain
amount of financial pressure as 1988 draws
to a close. When times get tough there are
two obvious choices: you either do like the
Toronto Blue Jays ie. "stand pat", or you
start changing things. Change requires
time and energy and can be unpredictable.
However, with careful planning, the risk
and extra effort can be minimized.
In the autumn issue of the "Ontario Hog
Farmer", pork producer, Bob
Hunsberger, discusses the use of a com-
puter to model specific hog operations. He
explores the effect of changes in various
items such as feed prices, production
levels, etc. I would like to borrow a page
out of Mr. Hunsberger's book to illustrate
a point.
Most producers are familiar with Andy
Bunn's average 100 sow farrow to finish
farm from the Pork News and Views. It
would be interesting to see just what this
operation would have to change to in-
crease net farm income by $5,000. Any one
of the following would achieve this:
- handle nine more sows in the same facili-
ty at the same production level
- a price increase of .04/kg in market hogs
- a drop in interest rates of 11/2 percent
- an extra 1/10 of a litter/sow/year
- an increase in live births of .6 pigs/Litter
(assume mortality remains constant )
- a 5 percent reduction in pre -weaning mor-
tality (from 25 percent to 20 percent)
- a 21/2 point improvement in average car-
cass index
- a reduction in feed consumption in the
finishing barn of 13 kg/pig
- a reduction in the price for grower feed of
$12/tonne (assume feed is of equivalent
quality )
- a saving in starter -ration price of
$110/tonne 1 assume performance is
unaffected)
- a reduction in outstanding debt of $40,000
(at 12 percent interest)
The list could go on. However, what we
have now done is produce a series of alter-
natives that we can evaluate. It allows us
to effectively set priorities and understand
just what aspects of our business are the A computer is a valuable tool in doing
most critical. We have almost broken these calculations. Fortunately, you don't
down a seemingly impossible task of "im- have to own or operate your own corn -
proving production" into manageable puter. The Ontario Ministry of Agriculture
bites. In the case above, the effect of feed and Food county staff are available and
consumption in the finishing barns would equipped with portable units to allow this
be my choice for the place to start. When I type of analysis to be done in your own
set it as a priority, I would go to the barn home. Maybe it's time to develop your
with the attitude that even if I get nothing strategy for '89.
else done today, I will check all the feeders
for waste and spoilage. Once that is done I
will know that I have addressed one of the
most important economic factors on my
farm. It would certainly be a better use of
my time than phoning three different feed
suppliers to save $3/tonne on pig starter.
It should be noted that as circumstances
change, this list will change. If feed prices
were low and pig prices high then all those
numbers would be different. This is not an
exercise to be done once and forgotten. It
is an on-going adjustment to changing
times.
McCaII Livestock trade active
The market at McCall Livestock traded
actively on a heavy supply of cattle at
sharply higher prices on both steers and
heifers. Both stockers, calves, and feeder
pigs met a good demand. There were 1269
cattle on offer and 280 pigs.
Choice Steers - 88. to 91. with sales to 100.50.
Good Steers - 82. to 86.
A steer consigned by Maple Emblem Farms
of Dungannon, weighing 1190 lb., sold for
SEAFORTH MEAT MARKET
PORK
BUTT
CHOPS i
.49 LB
CHICKEN
BREASTS �LB ,
. 19
BONELESS PORK
BUTT ROAST
VARIETY $ GIFTS Rad ie lhaek
SIAFORTM 827.115110
"YOUR LOTTERY TICKET CENTRE" DEALER A.S.C.
OPEN 7 DAYS A WEEK
9 A.M. TILL 11 P.M.
MEDIUM
GROUND
BEEF
DELI SLICED
COOKED
HAM
9
TOP
ROUND
STEAK
B1,79 e1.99 .a3,19
MORE 11414110 111E E FEATU ES!
t 5271$21
Chock out trim A te
1
100.50, with their offering of 28 steers
averaging 1269 lb., selling for an overall
price of 90.96.
Nineteen steers consigned by Lorne Forster
of RR 1, Lucknow, averaging 1314 lb., sold
for an overall price of 87.98, with sales to
91.25.
Four steers consigned by Harold Pryce of
RR 1, Seaforth, averaging 1230 Ib., sold for
an overall price of 87.93, with sales to 93.
Seven steers consigned by Jerome Zettler of
RR 1, Walkerton, averaging 1287 Ib., sold for
an overall price of 87.57.
Seven heifers consigned by Glen Sellers of
RR 2, Bluevale, averaging 1147 lb., sold for
an overall price of 87.64, with sales to 88.75.
Fifteen heifers consigned by Ross Fitch of
RR 1, Wroxeter, averaging 1151 lb., sold for
an overall price of 86.87, with sales to 90.75.
Six steers consigned by Earl Fitch of RR 1,
Wroxeter, averaging 1275 Ib. sold for an
overall price of 86.22, with a sale to 89.
Twenty-eight heifers consigned by Glen
Johnston of RR 2, Bluevale, averaging 1046
lb., sold for an overall price of 86.20, with
sales to 91.
Thirty-three heifers consigned by Elwood
Fitch of RR 1, Wroxeter, averaging 1102 ib.,
sold for an overall price of 85.58, with sales
to 88.75.
Twenty heifers consigned by Schultz Bros.
of RR 3, Blyth, averaging 1019 lb., sold for
an overall price of 85.73, with sales to 91.75.
Choice Heifers - 84. to 88. with sales to 98.25.
Good Heifers - 80. to 84.
Choice Cows - 54. to 59. with heifery types to
67.75.
Goed Cows - 50. to 54.
Canners & Cutters - 44. to 50.
Heavy bulls traded to a high of 80.
20-30 Ib. pigs traded to a high of .63 per ib.
30-40 Ib. pigs traded to a high of .61 per lb.
40501b. pigs traded to a high of .56 per lb.
50-60 Ib. pigs traded to a high of .60 per Ib.
60-70 Ib. pigs traded to a high of .57 per lb.
b