HomeMy WebLinkAboutThe Lucknow Sentinel, 1997-03-19, Page 40Page 24 -Farm Progress °97
"Having
Water Problems?"
Call
Park Plumbing.
Residential fi Farm
R.R. 2 Auburn GREG PAS
Ont, NOM 1E0 519-529-7767.
4112s/ c I ot : .4) 11111111 —
i®Q►; s
smas�► warms,.
JOE ZEHR &DOUG JACOB
Auctioneers
• Farm, safest Real Estate
• Household Antique' • Appraisals • Etc,.,
• 20: years experience •
Joe Zehr ; ,
°Doug' Jacob (519) 271-7894 (evenings)
' (519) 887-9599 (evenings)
meuctcs END BODY (GODERICH) LTD.
440 Bayfield. Road; Goderich •
KNOWN FOR
Highest Quality Workmanship & Honesty
Recommended By Auto Insurance Companies •
Ali Collision Repairs & Painting Guaranteed.
524-918
OUR BOTTOM LINE IS "CUSTOMER SATISFACTION"
EABROOfi EXCAVATING
*Gravel •Top Soft ,
•Fine Grading *Float Service
Large excavator trucks, •
loader, dozers.
Reasonable rates
RR: #5 Lucknow
(519) 528-2047
(519) 528-3144 .
NTARI;O LIVESTOCK
.EXCHANGE
aWO LY" COMPETITIVE LIVE AUCTIONS"
Large Volumes Generate Large Number of SUyer, Participants•
, 'Good Representatkin of Canadian ., US Buyers ,
' Tues:. 10:00 a.m. Sheep, poets
11:30,a.m Horses
12:00 noon . Veal .
1:,00' p.m. Cows,` Beef'
Wad. 1:00 p.m. Stockers (IA -weekly)
Thum 8:00 ;a.m. Cows
11:00 a.m. Stockers, Dollars Calves
11:30 a.m. Dairy'
1:00 p.m. Beef'.
, 1:00 p.m. Hogs.
3:40 p.m. Veal
Ontario : Livestock Exchange ,
1 P.O. Box 443, Waterloo, Ont..N2J 4A9
'Tel.: (519) 0844082 or 1-800.265-8818 Pax: (519) 884-0509
Tony Chaffs local sales rep. (519) 357-1979
LEADERS
IN LIVESTOCK
MARKETING ,
'OU, won't at ACB Optical! •
(SINGLE VISION.,
LENS ......:..only
•SCRATC
RESZSTENT Tile -u -wait
IN-STORE' EYE EXAMS
Come & C af,...
892 Queen St.
Kincardine
396-68QO.OPT:
Mon, -F 9-8
'Thurs. 9=8' Sat. 9-2
un°sp
veloping a follow
by Ralph Pearce
• out, price had to `go to' a place
al Whewell is. beginning that would ration demand, so
to develop: a following. the price ,continued to rise.
When ethanol plants began
Shutting down south of the bor-
der and feed, rations turned'
away from corn, projected car-
ryout increased and the price
dropped', '
From the first week of
If you've never heard of hint
you're not alone. . His nanie•may
not be as well known• in this
region as say, Ross Daily's, or
Brian Doidge's. But the°fact
remains, Cal W.hewell's views
and opinions are held in high
regard, at least that was the case
during • the Southwest .
Agricultural Conference ii
kidgetown earlier this year: All
three of his dual sessions on
corn and soybean markets. were
virtual' standing room only. 'Sp
producers want to hear whatthis
personable.. commercial grain
specialist from Perrysburg.,
Ohio, has to say..
That was also the case in
early March when Perth County
Co-op asked him to speak at
their workshops oa. GPS tech-
nology.and the corn and soy-
' • bean. markets, Wlewell was in
St.'.Marys on March . 5' and
Mitchell the next day to talk
about the American cornand
soybean crops for the coming
year. And his views had
' changed verb, little, in two:
months
His first stopwas commen-
tary on the: year that had been
1996; He tracked the, phenome-
nal rise in the price of.cotii to
increased demand leading to
low carryout from the 'year
before. As ,Whewell pointed
•
Same sense
of urgency .
this year
as there was
last year
January to the, first week of
March, the USDA numbers for'
corn raised production (9.2"65
billion bishels to 9.293)., and
feed usage.. (4.975 billion;.
bushes to .5.2) dropping the
projected carryout from 1.156
billion to 95.9 million bushels
with the price range gaining 'five
cents. '
Whewell concludedthat.
there isn't the same sense of
urgency this year as there was
last year. But hang on 'to: any
corn .you still have . in storage,
pricescares come' and go,and'
spring or -Witmer weather :prob-
lems'are often a source of, those •
scares.
HO...F,TRiI1Tr'TG
Specializing- in Dairy &'.13eef Cattle':
— • sem. •'—:. ��. r, IMMO • 1111•11A r11111111.7. '— a oima. • s' • =NA
LERO f'1 'OUB.;
(519) 528-3812
R.R. 2, Ltickn,ow
h91��eii N 20 KING STREET, CLINTON
Associw Phone (51� 9) 482-3445
Bryan Marriage Fax, (519) 482-1508
08
HAUGHOLMBOOKS
b f1R#1 Brucefield Ont.,NOM:1JO
Classic Tractor, Car, and, Gas Books
DeCal Sets for, older Tractors and Gas Engines
(619) 522-0248
Always open: if hone, but please call first.
One mile Bast of prucefield on Con. Rd. 3 AllartJ:Haugh
•
On the. soybean side. of
things, Whewell said carryout is
tightening, there's an increase in
demand, exports and process-
ing, :so the market is nervous.
The US, will plant 65 :million
acres of soybeans this year, har-
vest 63 million and count on a
yield of 39 bu/ac. If the season
turns bad and •the U.S. yield
drops.. below 36 bu/ac; carryout
will fall: below 10 million
bushels. It's not critical, ,there's
just no, room for error..
. Last year, the major differ-
ence in prices Was -that -col -iv
helped' pull soybeans. along.
Corp. (and;,wheat .in the U.S..)
prices were up and soybeans, as
Whewell put it, 'came along for
the ride„' This year, beans are
starting to rise (with locarry-
out) but corn isn't moving.w•
The other variable in the soy-
bean market, is what will Happen
-in South America, where a
record crop. is expected. The
South American. Acture has
more .of an effect bn;North,
American (and ultii rately
Canadian). markets since tire
size of the soybean crop `down
there', is closer in 'size'' to the
crop `up., hem!, •.Becausei3Of the.
size of the. South 'A►nerican'
crop, Whewell noted, the world .
soybean crop effectively; renews
itself twice a year,•Thus the
attention on what happiens south
of the equator.
When all:.was said and done,
Whewell urged producers to ' do
.one thing if they're` serious
about' marketing. develop a
marling plan, either on your
own: or with the help of, a corn=:
• modity specialist. Set goals with
the plan , and be sure to, stick, to
them. If your goal is to sell a set
number of: bushels .when the
Price ' reaches as certain level, sell
them when they :bit that level.
As he put it, "Pd . rather sell • a
day too early than a day too
late:
• Machine Accidents
The last of the :major causes
of on'the job- injury is machine-
related accidents -- getting
caught. by moving machine
parts. When w.orkin'g. around
. any machine that rotates, slides,
:or presses,, use extreme • caution
-= never wear jewelry or loose -
fitting clothing that, could get
caught in your machine.*Always
use safety guards, shields, :and
appropriate lock out•procedures
Anti, . never work: on a Machine •
unless you .are specifically
• tained•to do so.