The Rural Voice, 1989-10, Page 23GRAIN TS ��
the past two months. Harvest prices
for barley were well below Western
barley prices, but recently the price for
Ontario barley rose to Western barley
prices in the $125.00/mt area. Barley
has been priced relative to old -crop
corn recently with barley replacing
corn in feed formulas.
However, with new -crop corn
around the corner, barley prices are
not likely to hold. In fact; right now if
a producer can sell barley for $125.00/
mt, he would do well to buy new -crop
corn to replace it with.
On the other hand, oats were
priced the highest just prior to harvest
but, with the large crop that showed
up, prices drifted downward to the
$105.00 to $110.00/mt range for
heavy oats.
It doesn't appear that oat prices
will improve substantially for several
months because of a large crop in
Canada and U.S. production double
that of last year.
There may be an opportunity
closer to spring when a new facility
will come on stream. Looking back,
storing oats hasn't been a good move;
it turned out that markets for oats
dried up.
The mixed grain market has been
almost non-existent, with buyers and
sellers generally having differing
opinions on the price. I think there
has been fairly large quantities of both
barley and mixed grain stored on-
farm, and probably prices won't be
attractive enough until the winter
months to entice producers to sell.
With the crunch of harvest just
around the corner, your marketing
plans should already be in place. In
any case, don't make irrational
decisions on the spur of the moment.
Be sure to get the facts straight before
making a decision.0
FIRE
AND YOUR PROPERTY
YOU DON'T WANT TO
SEE THE TWO TOGETHER
For protection call the
Howick Mutual Broker in your area
Brown Insurance Brokers, Palmerston 343-2663
Paul Brown General Insurance, Palmerston 343-2663
Cardiff & Mulvey Insurance, Brussels 887-6100
Elliott Insurance Brokers, Blyth
Gaiser-Kneale Insurance, Clinton
Exeter
Grand Bend
Hensall
Vern Hargrave Insurance, Dundalk
Johnson-Dadson Insurance, Listowel
Keil Insurance, Gorrie
Wingham
Listowel
Bryan Lavis Insurance, Clinton
Lyons & Mulhern Insurance, Goderich
McDonagh Insurance, Lucknow
Teeswater
Middleton Insurance, Chesley
Milverton Insurance, Milverton
J.P. Uniac Insurance, Mitchell
Glenn Warren Insurance, Clifford
Hanover
Wylie Insurance, Gorrie
Harriston
Kincardine Insurance Brokers, Kincardine
EST. 1873
howick MUTUAL INSURANCE COMPANY
Wroxeter, Ontario
NOG 2X0
523-4481
482-9747
235-2420
238-8484
262-2119
923-2244
291-2964
335-3525
357-2636
291-5100
482-9310
524-2664
528-3423
392-6200
363-3162
595-8108
348-9012
327-8041
364-4039
335-3193
338-3847
396-8112
Tel. (519) 335-3561
1-800-265-3033
OCTOBER 1989 21