The Rural Voice, 2002-02, Page 40• Positive acting anti -crush bars.
• Easily adjusted bow bar allows piglets
• and sow to nurse comfortably.
• Feeder available in galvanized,
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• Raised feeder design increases
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• Complete flooring packages available.
Choose from plastic, V -bar or cast iron.
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Farrowing
Systems
For more information conta
ATWOOD
LENCO
SUPPLY LTD.
(519) 356-2282
TARA
H. NICHOLSON
& SON
(519) 934-2343
GRANTON
AVONBANK
FARM EQUIPMENT
(519) 225-2507
LUCKNOW
MAITLAND VALLEY
AGRI SYSTEMS LTD.
(519) 529-3820
ct your local BSM Dealer:
MILDMAY
MIDWAY FARM
SYSTEMS
(519) 367-5358
WELLESLEY
PROGRESSIVE
FARMING
(519) 656-2709
BSM Agri Ltd. R R #4 Arthur, ON, Canada NOG 1 A0
Tel (519) 848-3910 Fax (519) 848-3948
DRAYTON
CONESTOGO
AGRI SYSTEMS INC.
(519) 638-3022
WALTON
KEITH SIEMON
FARM SYSTEMS LTD.
(519) 345-2734
Visit our new website at
www.bsmagri.com
Uncle Richard's Maple Syrup & Supplies
OPEN HOUSE
Feb. 16th 9-5 Feb. 17th 1-5
Open House Specials
• Evaporators
• Tubing
• Fittings
• Containers
• Plastic • Tin
• Specialty Glass
• Accessories
Mi
Souk Lne
R
Uncle
Richard'.
0
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10
23
"Dundalk Road'
493168 Sideroad 10 R.R. 1 Priceville
Phone 369-3056 Fax 369-6552
E-mail uncle_richards@bmts.com
"If we don't have it, and it exists, we'll get it!"
36 THE RURAL VOICE
Grain Markets
soys in 2002.
In Ontario, basis levels remain very
strong and with the Canadian dollar
falling into an abyss, cash prices for old
crop soys are well over $7/bu. Nothing
has changed since last month regarding
the crop size in Ontario — in other
words the 2001 crop has not grown and
we will be importing for the rest of the
year. Besides, it still appears that fewer
soys will get planted this year in
Ontario which will keep new crop basis
relatively strong throughout the year.
If we assume that the U.S. will plant
more corn and soybeans and Ontario
producers will plant more corn and less
soys, what will happen to prices and
how should producers plan their
marketing? The higher acres in the U.S.
should lead to stagnant or lower grain
prices if one considers only this
situation. However, South American
production enters the picture to a
greater extent than normal simply
because huge crops are already factored
into the market. Any problems in South
America will be reflected quickly in
future prices. Producers need to be
prepared for these blips whether they
will occur this winter or next summer.
Soybean prices in Ontario should
reflect strong basis levels throughout
the year and coupled with any higher
future prices caused by weather,
producers should be prepared to lock in
a price on some production.
On the other hand, if corn acres in
Ontario increase to 2.2 million acres as
some analysts believe, production will
exceed usage and basis levels will drop.
Any time we produce a large corn crop
in Ontario, basis levels fall to the point
where corn can be exported quickly. If
this scenario unfolds, producers will
want to lock in basis at the very least
earlier rather than later.
Today, (January 18), Sparks
released their projections on 2002
acreage and they are thinking that corn
acres will be up by 2.6 million acres
and soybeans up only slightly. This
corn acreage could push production
over 10 billion bushels which will limit
any strength in new crop futures.
I do not see any home runs being hit
with grain prices given what we know
today. Producers need to get their
marketing plans worked out and
execute them.0
Information supplied by Dave Gordon,
LAC, Inc., Hyde Park, 519-473-9333.