The Evening Patriot [EFGuardian Page 9-A‘

MR. HAMILTON

1962 termed 'remarkable' ‘ by minister

The year 1962 was a remark- cble passage in the story of Can- adian agriculture; one that our. tarmeﬂ can look back on with E some gratification. ‘ ‘

Nearly half of them - grain ‘ and livestock producers in thei Prairie PTOVinces - had been . affected directly by the severe ‘ drought of the previous year. i The full pinch of the 1961 crop‘ failures was expected to be felt: on the Prairies by the spring of .

be formulated for the remainer i of the

year. Insul‘ficiency of soil moisture over most of the wheat belt at

the Western herds would depend on conditions and rene- wal of feed grain stocks. What happened is now history. VE

a anticipated in the inventory. But in April 1962, for the first

were removed completely four months before the end at the WP 3’

car.

Mainly as a result of tine dis- tribution of Canadian Wheat Board payments, farm cash in-

generous—generous enough to hamper harvestingin some areas and generally to replenish soil moisture re- serves for 1963. It was the end of a six-year period of declining moisture reserves in the dry belt.

Bumper cereal crops resulted and were the main inﬂuence in raising the volume of total Can- adian farm production to one-' thde more than in 1961. E

eat exports for the cropi year ended July 31 were a mas- ‘ sive 358 million bushels. the‘: third highest on record. 1

All grades 0! Wheat increased 1 in price as a result of stronger world markets and the devalua- tion of the Canadian dollar. Throughout 1962 higher average prices prevailed for livestock a-ml poultry products.

INCOME IS UP

0 cash income from farm . products topped $3 billion for the first time in 1962. Total estimat- ed net income increased sharply to $1.6 billion - hall as much again as in 1981 and a quarter as much again as the 1955-59 average.

Part of this represents the re oullding of farm inventories in thezPratI-ies in the last hail of

98 .

Other highlights ci‘ the year include successful precautions taken against large outbreak of the Prairies.

from t h i I cause was largely avoided.

e second occurrence of hog cholera in Eastern Canada was suppremed. though at the cost of 19.000 animals slaughtered i and 36(11000 paid in compensa-

on.

The dairy industry. which is concentrated in Eastern Canada. continued to expand. To help reduce the surplus of creamery butter a lzcent per pound fed- eral consumer subsidy was in- troduced in Mac,' 1961.

The Venezuelan egg market. Which II a 3 taken substantial Quantities of our eggs in the past, was practically closed to

n rta in 1962 be-

Canadia cause of new regulations.

Lam price mppmt was changed to a deficiency pay- ment mam.

A Food Research Institute Was established in the Research Brand-I of the Canada Depart- ment 0! Agriculture to intensity basic food meant: in Canada.

In the area of legislation ai- fecting unculture. Farm Credit Corporation loan facilities were eupended; ARDA agreements were signed with all provinces: Ewart Ondit Insurance A ct credits were increased to assist

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