Ontario Community Newspapers

Penetanguishene Citizen (1975-1988), 15 Sep 1976, p. 8

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~-vrrwrwvvy?y ye wy' ye * = Factors contribute to depressed beef market by Alan W, Scott Alt a_ recent Beef factors which have Agricultural Represen- Outlook Meeting Charlie contributed significantly tative Gracey indicated three {0 the depressed beet BROWN and BELL Farm Dairy Equipment e Your authorized Delaval Dealer e Round the barn pipelines . . milk transfers .. parlours e Bulk tanks - s all supplies 726-0338 or 728-6766 RR 5 Holly Ont Give your cow a treat instead of a treatment - try Delaval soft touch milking market The cattle - The surplus imports of heef from off-shore - The increased markup of U.S.retail chains oversupply of A 7'» per cent increase in steer kill and an unexpected flood of female beef has produced an 11 per cent increase in supply for 1976. This oversupply has been a significant factor in lowering price We have passed the peak of the beef herd cycle. The breeding herd is now down by 8 per cent It will be two vears before the peak will pass through the market. Producers will probably over-react and kill off too many females. We _ haven't made an overkill as yet There isn't a great deal of promise for 1977 and it may be 1978 before the situation improves. One U.S. forecaster has in dicated an even longer drought Beet call The medium-duty 7020... Making the most of Hesston's latest innovations! ite A Ny 5 ; SAR a MAN SR Hesston Forage Harvester For more Information You May Purchase This Or Other Models And Enjoy Interest Free Payments Till 1st. May 1977 contact Frank at MOREAU FARM EQUIPMENT RR1 Phelpston 322- 1770 CRAIG FARM SERVICES - STAYNER PAGE « PAIR @ SPECIALS 12%DISCOUNT MOLEHILL MANURE PUMPS WILDWOOD | QUID MANURE TANKS size 1000, 1500. 2300 Gal. Clay ea @ Barn Cleaners @ 12 Auger Feeder e@ Ring Drive Stayner Fair Come And Sept. 15. See Us At The For more intormation use coupon below. e Bunk Feeders e@ Shutter- Flow Feeder e Silo unloader. Plowing Match Sept. 28 - Oct. 2 Check your interests & mail coupon P.O. Box 969 STAYNER Name banal aa 4 Phone Address AE Shee County a Township Lot Con Check your interests Dealer Inquiries Invited Manure System _ Insectide Oil Modern Mill System __ Cattle Oilers §----__-- Silo Untoaders Feed Carts Hog Equipment Steel Grain Storage Dairy Equipment _ Electronic Fly Killers All Types of Construction Bucket Elevators CRAIG FARM SERVICES Ont. 428-2108 Feed Augers & Elevators -------- Ventilation Systems jay, Page 8, Wednes producers need a greater price than feedlot men can justify. in view of future market prospects Consumers are presently able fo buy more beef for the same percentage of disposable income. In 1950, the per capita consumption of beef was 51 pounds and consumers spent 2.51 per cent of their income to buy the 51 pounds. In 1975. 2.52 per cent of disposable income bought a per capita consumption of 102 pounds. For 1976. it ap- pears that consumers will spend only 2.4 per cent of disposable income to buy 110 lbs. of beef. Producers would be in a better position if they could sell a per capita consumption of 95 Ibs. al a higher price Beef prices have been hurt by off-shore imports Imports will likely in- crease from 112 million pounds in 1975 to 175 million pounds in 1976 There has been a reasonable case to yestrict_imports of beef but nothing has been done about it. Canada is the only country where this sort of abuse has been allowed The anti-inflation board has posed more problems for beef producers than it has for labour, because there has been a reluc- tance to restrict imports even though producers have been operating at a loss. This approach is short sighted as producers will be forced out of business and in a few years there will be a scarcity of supply and an increasing price for consumers The performance of the retail stores in the U.S has cost the Canadian producers money> The tisual markup has been 35 per cent but this summer it' has increased to 50-60 per cent. The increased markup appears to have resulted from the retailers desire to recoup some of the losses which * ' SPERRY NEW HOLLAND "707' FORAGE a rugged 9-kni' avai Church's Farm Supplies Ltd. 176 Burton Ave. Barrie, Ont. Economical, tractor-mounted harvester features sharpener, extra strength all over! This highly maneuverable harvester Cosel HARVESTER ife cutterhead, built-in knife gives you excellent traction in wet fields. It's also lable with windrow pickup. Phone: 728-2373 : LET YOUR SHURGAIN mineral according.to SHUR-GAIN ESSENTIAL MINERALS #1 FOR NON-LEGUME FEEDING To be fed where the roughage is grass, hay or corn silage. SHUR-GAIN ESSENTIAL MINERALS #3 SALT FREE To be fed where water supply carries salt, ot where salt is available trom other sources, ELMVALE BE YOUR GUIDE Good management says "Choose your to balance the high calcium and low} Your Shur-Gain Dealer J.S. FERGUSON FEEDS FORAGE MINERALS the forage used"'. SHUR-GAIN ESSENTIAL MINERALS # 2 FOR LEGUME FEEDING To be fed with high legume forage... phosphorus of legumes. And at a reasonable price too!! MINERALS AT 322-2363 they suffered during the centage of gross sale 1973 price freeze and also price with the primary fo guard against the producer. If the U.S recurrence of such retailer had held the controls. In short, the August markup to 35 per retailers quif "playing cent it would have meant ball' and declined 1o- «an increase of at least $5 share the usual per- and perhaps $6.50 on the Ronald Underwood President of UNDERWOOD BROADLOOM MILLS is pleased to Welcome Mr. Dave Ward to our Contract Carpeting Div. Mr. Ward formally with Alexanian Carpets in Hamilton will join our contract div and will operate from the Barrie Store. He hrings with him a wealth of Experience. live market in the U.S. This increase would have been quickly reflected on the Canadian market because 6f the open border situation. » Two other factors have also influenced the low beef prices. (Carcass weights have increased by 30 to 32 lbs, In Ontario and Alberta, as producers held back cattle for rising markets. In addition, the confusion in the national dairy policy resulted. in increased dairy cow marketings earlier in the year and this factor has also had an impact Gracey admitted that he had been wrong on his 1975 predictions. He had underestimated the number of young cattle-in the' beef marketing system, and the female slaughter statistics. In addition, there were some factors which couldn't have been predicted He cautioned that outlook information is constantly changing and must be continually re- appraised as new in- formation becomes Producers available COMING Soon The New Series 86 International Tractor with space age control centre Partridge Tractor WHITE TRACTOR MODEL 2-60 'THE FIELD BOSS' To Solve All Your Farm Needs BUY A White Tractor From PARTRIDGE TRACTOR Pay No Interest On PaymentsTill March 77 OnCorn Planters Till April77 For More Info SEE Morris At 'aad Hwy. 11 N. -- Barrie Seon Phone 728-2752 Service should keep market predictions in a proper perspective and not put complete faith' in any forecaster. The federal govern- ment has not released the fat cattle support price for 1976. Thus Gracey has calculated his own ver- sion of what we might expect for a support price The weighed price of January Ast to August 31st has been $39.46. The five year average price is $41.35. The government could offer a support price al either 100 per cent or 90 per cent of the five year average. In anv event Sthe five vear average would be ad- justed, for>the cost of production. This ad- justment might amount to $4.69 based on last year's adjustment. Thus the support price would be $41.35 plus $4.69 or $46.04 if the government offers support at the 100 per cent level or $37.21 plus 4.69 or $41.90 if the government offers support at the 90 per cenf level Farm mechanics course offered Eastview Secondary School in Barrie marked an. Ontario first this 'fall when it initiated a two- year course in farm mechanics. The brainchild of high school teacher A. Pautsch, the course will instruct. students in planning and utilization of power sources, economic and technical management, seeding and planting. weed, insect and disease control and harvesting techniques. Emphasis will also be placed on farm safety and shop practices. Secretary-manager of the Farm Machinery Board of Ontario John Kessler said students need this kind of knowledge if they want to help their parents or eventually set up farms of their own. He also said that the course will provide students with a good base for 'more ad- vanced courses if they want to makea career out of agricultural mechanics, Both students and teaching staff have shown great interest in the course since its con- ception. Though originally designed for only 20 students. many more applications were received. Kessler said if the course proves successful it will be extended to a four-year program. Church's Phone: 728-2373 - Farm' Supplies Ltd. 176 Burton Ave. Barrie, Ont. €@ NEW FORAGE HARVESTER FROM | SPERRY NEW HOLLAND It's the medium-duty Model 718 Forage Harvester ¢ Available with 12-knife cutterhead; reversible double-edged knives! ¢ Flip-up feed roll for easy shearbar adjustment! ¢ Manual knife sharpener or PTO-driven power knife sharpener available! ¢ Choice of three PTO shafts to handle tractors from 55 to 90 horsepowert -- ¢ Choose from three corn heads, two windrow pickups or sicklebar! case

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