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page 8a the tribune thursday mar 12 1970 farming prospects for 1970 ken wilson asstagricre presentative ontario county the report one year ago entitled the challenge of abundance suggested that a farmer today deserves a labour return of 4500 a return on invested capital of 7 per cent and a return to management of 1 000 per year if the average farm in canada has s35714 in vested then there is at present enough agricultural produce sold to give adequate returns to onlv 154000 farms according to the last census there were 431000 farms in 1966 thus for the 1970s we will continue to see more and more young people leaving the farms for jobs in town as we have seen over the past decade economists are predicting a decrease in cash receipts from agricultural production in 1970 on the other hand they are predicting a slight increase in ex penses due to these two facts we are going to see a breed of farmers developing in the 1970s who are much more cost conscious than their predecessors these farmers are going to take a hard look before buying anything and they will not be buying unless the purchase will increase their own net returns agriculture today is moving much too rapidly for a man to sit down once a year at income tax time to figure out whether or not he made anything in the past twelve months to overcome this a new farm accounting system called canfarm will give a farmer an analysis each month of each en terprise on his farm farming is no longer a job for the son who could not make it through school todays farmer has to be a top notch manager one speaker at a recent meeting suggested that tomorrows farmer should study for a degree in business ad ministration since these men will be ad ministering thousands of dollars of capital how many men with town jobs have more money pass through their hands than todays farmer another trend that we will see more of in the 1970s especially in this area because of the high price of land is that more farmers will be renting and leasing land they will likely own a base unit from which to work but rather than purchasing a second farm expansion will be on leased land this will free the capital for operating expenses that would otherwise be tied up in the purchase of the second farm crop insurance pays a survey of eight provinces where crop insurance programs are in operation indicates that indemnities for losses will exceed 13500000 during 1969 reports the canada department of agricultures crop in surance administration bush xexv revolutionary concept in compact tractors garden powered with hydrostatic drive complete line of accessories hog 6 see the bush hog rotary cutters for big jobs msm hahkmeclipse a mower for every job i riding tractors rotary mowers hand propelled mowers reel mowers and w bigjohn as strong as they sound the greatest advance in boot manufacturing in the 20th century big john boots are built on the patented soleproof vulcanizing process as used in army combat boots throughout the world the sofes are vulcanized to the leather upper under almost a ton of pressure guaran teeing a permanent waterproof joint and creating an action tread sole that will far outwear those pro duced by oldfashioned methods no sole stitching to come loose or rot no problems and what gripping power x tvv rotary tillers il theyre in stock now ask about them repairs to all makes of tractors welding mower sharpening bring this ad with you get 5 oft any new equipment bill walls sales service bethesda 8881998 i 00 o a- buthcmla ltd 1 i named director mandale farms markham ing was held in toronto twp has been named a markham i top fresian association tf is bkntogrs david h houck of ro- canada the annua meet pre scof glove soft steerhide leathers extra strong laces nylon stitching at points of strain wide tempered steel shank patented soleproof process high l pressure vulcanized soles army process no sole stitching to come loose or rot available in 6 8 boots many other boots by well known manufacturers lehmnirs shoes 9 main west stouffville 6403753 open thurs fri until 9 pm rv farm safetni good rem fffvung smsttibn au guards j ana ract corne when excited so c hiiiirs sysi ladders vn torn- g 1 k floors unguarded icco mictions i feed chutes toxvsrtvinutp- r instructions vollow printed ulnkr on upk windows no i p g ho 1 ruivnted instruction fatal i shoulder kxpert drw on the n t ato wgftits in be careful prevent farm accidents a safe farm is a profitable farm this message presented in the interest of farm safety by the tribune