The Rural Voice, 1998-04, Page 22R.R. a2, Teeswater, Ontario NOG 2S0
Phone 519-392-6111
Fax 519-392-8099
New and Used Parts for all makes
and models. Complete line of belts,
bearings, chains, batteries.
WANTED — Tractors and
Farm Equipment for wrecking
LARGE SELECTION OF USED TRACTORS
AND EOUIPMENT FOR SALE
Shop and On -Farm Repairs to all makes
DAVID E. GREIN
LOGGING
Buyer of Standing
& Felled Hardwood Timber
& Bush Lots
• Competitive Pricing
• Quality Workmanship
• 20 Years Experience
R.R.#1 Neustadt (519) 799-5997
DO IT ALL
RENT IT
• Hydraulic Breaker Attachment
to Fit Bobcat Skidsteer Loaders
• 36" & 60" Bobcats Available
• A full line of construction
equipment for sale or rent
• Broom Attachment to fit
Skidsteer
BOSCH
Power Tools now on speclal
SAUGEEN RENTALS
Durham 369-3082
A.C. SCHENK RENTALS
Mt. Forest 323-3591
PROPERTY TAX REDUCTION OF 75% WANTED?
If You Own More Than 10 Acres of Forested land Please Call
For Free Information on Managed Forest Tax Incentive Plan.
WINDBREAKS. WILDLIFE PLANTINGS?
Call Today For Your Free Price Listing on Available Bareroot
Tree and Shrub Seedlings, all Local & Central Ontario Stock!
EROSION PROBLEMS?
Streambanks, Shorelines, Unstable Slopes, For Affordable Options
Please Call to Arrange On -Site Free Estimates.
TIMBER HARVESTING?
Forest Management Consulting, Sawlog and Fuelwood
Marking, Maximize Your Woodlot Long-term Investment
AQUATIC AND WILDLIFE SERVICES
Environmental Consulting and
Resource management
(519) 372-2303 JOHN MORTON
18 THE RURAL VOICE
Grain Markets
Markets stuck
North American grain markets are
stuck in a trading range, held up from
the bottom side by weather concerns
and held down from the top by
adequate stocks and the perception of
large increases in both corn and
soybean acreage. The USDA's monthly
supply/demand reports were of little
consequence with the only change
being a 10 million bushel increase in
soybean carryover. Traders were a little
surprised that corn exports were not
reduced again this month.
The big news came from Sparks
Commodities which issued its own
planting intentions. They showed corn
acreage at 82.53 million acres and
soybeans at 72.77 million acres both at
the expense of reduced cotton and CRP
acres. But there are still some acres that
are unaccounted for which many think
will end up as soybean acres. Both com
and soybean acres are up by about two
million acres over last year with
soybean acreage at an all time high.
CORN
Corn futures prices moved higher
for seven consecutive days before the
Sparks report, but couldn't withstand
the ensuing bearishness and lost most
of the gains in two days. This move
showed the skittishness of the market
this early in the season. We know that
supply is quite good and if we have a
"normal" growing season, prices will
be under a lot of pressure. However,
most traders are keeping one eye on the
weather predictions and are looking at
what happened after El Nino winters in
the past. The odds seem to favor some
sort of weather problems more so than
in non -El Nino years.
Farmers in the U.S. started to sell
corn in early March and as a result,
basis levels in the U.S. have dropped
significantly. This drop in basis will be
felt in Ontario over the next two
months.
In Ontario, basis levels for old crop