Terrace Bay Public Library Digital Collections

Terrace Bay News, 30 Jul 1975, p. 7

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a -- JULY 30, 1975 TERRACE BAY NEWS This is what Ontario is doing to stabilize the income of beef calf producers. Your provincial government has recently established the Ontario Beef Calf Income Stabilization Program --a voluntary program designed to: 2 eo stabilize the income of recognized beef calf producers in Ontario; e encourage a continuing steady supply of Ontario-produced beef stocker calves. It will establish a floor on the amount of money a producer may expect to receive in years of poor calf prices. Every producer of beef calves in the province (including cream shippers) is eligi- ble to participate in this program, which forms the first part of an overall Farm In- come Stabilization policy. You can partici- pate, by contracting to join the program for a five-year period and by paying an annual fee for every eligible beef cow you enroll in the program. Your Ontario government will also contribute to the program. For 1975, your fee will be $5 per cow, however, for this year fees are deferred until payments to producers are made. The provincial government contracts to make a grant per cow to participating producers if the average market price for Ontario- produced stocker calves falls below the stabilized price of 50¢ per pound in 1975. Payments will be made in December or as soon as possible thereafter. The enrollment period for eligible produc- ers in 1975 ends August 31. Complete information on the program, as well as enrollment form and contracts, are available at your local office of the Ontario Ministry of Agriculture and Food. Ministry of Agriculture and Food William Stewart, Minister i Government of Ontario William Davis, Premier PAGE 7

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