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30 THE RURAL VOICE
NEWS
CENTRALIA HOSTS CROPS UPDATE
Good weather and a good crowd of
about 250 farmers contributed to the
success of Centralia College's Crops
Update August 19.
Farmers who visited the college's
research and demonstration farm were
offered tours of the experimental study
plots and commentary on hard red
wheat, fertilizer on corn, coloured
beans, quackgrass control, field bean
diseases, and alfalfa.
The site, as college president Bill
Allen noted, will soon include a new
agronomy building housing techni-
cians' offices and laboratories.
Charles Broadwell, general -man-
ager of the Ontario Bean Producers
Marketing Board, commented on the
yield and price of the current white bean
crop, noting that while some areas have
suffered from bad weather, the crop in
Huron and Perth counties is expected to
be average or higher.
He cautioned, however, that if the
predicted yield comes off, farmers not in
the tripartite stabilization program may
see a price as low as $11.02 a hundred.
The board, he added, has been devel-
oping marketing approaches, and after a
trade mission to Europe, Ontario white
beans have already been exported to
Greece. "As long as we can produce a
quality product, we're getting the ear
and the eye of this business."
Broadwell also said that the tripartite
arrangement for white beans — the first
field crop to be in the program — has
been a significant bonus for Ontario
farmers. "I think our Michigan people
are close to green with envy," he said.
Also speaking at the Crops Update
was market analyst John DePutter. He
predicted that in a few years the urban
economy will crash as the agricultural
economy did. "They're even more over-
built than agriculture was," he noted.
"Rural people now understand that
no market is a one-way market. Urban
people don't. They're going to learn the
hard way."
DePutter also advised the audience
to sell gold, which is overvalued, unlike
agricultural commodity prices. "I'd
rather own corn than gold," he said,
adding that when a commodity is cheap
— and not poised on a market precipice
as gold is — it can rise in value without
buyer resistance.
Charles Broadwell, general
manager of the Ontario Bean
Producers Marketing Board:
"As long as we can produce a
quality product, we're getting the
ear and the eye of this business."
Market analyst John DePutter, left,
with Centralia College president
Bill Alien. "I'd rather own corn than
gold ..." DePutter says.
"You're going to make more money
owning corn — or lose less."
DePutter concluded by noting that
"The next big crunch in agriculture is
going to come from higher interest rates,
not lower commodity prices."0