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HomeMy WebLinkAboutThe Goderich Signal-Star, 1987-03-18, Page 26j go to Information haven for By Alan Rivett It started out to be a private business to !keep farmers updated on the commodity - 'markets, but over the past four years, the Farm Information Centre in Wingham has !diversified -to a point where farmers can °receive just about any type of farm -related !information • - • ! According to Bill Purdon, one of the (founders of the Farm Information Centre,. the centre began in 1984 as a private enter- prise with partner Jim Ross. But in June of :1986, the business from downtown. Wingham to just north of Wingham and :changed to a non-profit organization with 28 corporate sponsors and a board of direc- tors to represent the Centre's membership of approximately 65 - While the centre prides itself on being an information haven for farmers with !'everything from accounting to computer courses offered at the centre, the mainstay of the centre is its mandate to its members to provide commodity market information . and analysis for its member farmers. With a computer link to a home satellite, all the commodity markets come flooding into the centre, with market reports and charts filed to its members in a weekly newsletter. The centre monitors the com- modity markets from the Chicago Stock Exchange as, according to Mr. Purdon, it , "dictates the prices" for commodities in Canada. t With almost three-quarters of the crops `• in Canada sold into the bottom one-third of the marketplace, Mr. Purdon says C�na- than farmers are the best in the world at the practise of farming, but the poorest at marketing their products. -Up until now, the farmers really haven't had to know anything about the futures markets- Now, it's almost impossi- ble to market to know how to -market a pro- duct without understanding the markets. Farmers have been so skeptical of the futures markets that they don't realize the • importance of it." said Mr. Purdon. - --The markets are so bad now that farmers simply have to find some tool to hedge against the futures market- If they don't they won't be in business. - The rationale, says Mr. Purdon, for farmers' tending to sell into the --valleys" of the marketplace comes. from selling their product when the market is bottom- ing out as they think the market will go lower. However, farmers tend to avoid selling when the market is at a high point, hoping that it will go higher. Every year there's a profit made in the commodity markets - it's up to the in- dividual farmer to find that commodity and sell into it, says Mr. Purdon. With knowledge of the futures market being so crucial to making or breaking a profitable year, Mr. Purdon says farmers are now. taking it upon themselves to become familiar with the markets. He ex- plained that the markets run in definite patterns and by reading and doing charts it's possible to predict what will happen in the future by comparing what has happen- ed in past market trends. The Centre also runs a Marketing Clgb which meets on a regular basis to discuss the markets and prices through the use of chants which are continually, updated by Mr. John Heirderson,w ho is employed by the club. However, plans are in the midst for establishing the Farm Information Centre as a satellite campus of Guelph, Waterloo, Wilfred Laurier, Windsor and and the University of Western Ontario. The discussions with the universities took place after Centrallia College, which - had used the Centre to conduct a number .of courses, were forced to abandon this program after spending cuts were established. According to Mrs. Brenda Mason, an ad- armers in Wingham John Henderson, an employee, of the Farm Information Centre's Marketing Chib points to _ some of the commodity graphing he does on a daily basis for the club. (Alan Rivett photo ) visor to the board of directors at the Cen- tre, the need for a "distance education" program in the area was evident as there are more people_inthe 30 to 40 age range looking to upgrade their skills, but unable to -travel long distances for the courses. -We shouldn't be penalized in this area because of the distance to the univer- sities," she said. The emphasis, she said, would be placed on quality education with the courses of- fered being degree credit courses towards a University degree. Many of the courses "SprirtgIs Here" And So Is Honda for Your Lawn mowing needs! 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Junior Farniers provides challenge For about the cost of a record ulbuhn. _ -dung people in Ontario can buy nieniber- ship in an organization that will gri'e tliem a whole Year of social activities and per- sonal challenge. • The .Junior Farmers Association of Jn- tario,offers its members, who range in age from 15 to.29, a wide variety cif interesting activities.. including travel. sports. cultural activities. and leadership training - programs. Junior Farmers is an entirely self- governed organization. affording each and every one of its members the opportunity to take on leadership roles, in the local clubs as well as in the Provincial Associa- tion. Toward this end, a variety of pro- grams are organized as educational -oppor- tunities, ranging from a week -long -leader- ship training camp, to executive -training . workshops, to communication workshops. Many elected officials and Leaders in the agricultural community credit their early leadership training in .Junior Farmers for . their later accomplishments. Of course, a vital ;organization of young people calls for a large portion of social ac- tivity. Besides community betterment pro- jects, which benefit their community as a whole, local clubs organize many events each year for members, including sports competitions and dances_ The. Provincial Association also •carries out a number of activities for -members over the course of the year. There are Winter and Sumner Ganies, where the sports enthusiast can show his/her talents: Culturama r a one -act play festival •and debating. public speaking and slid`' • Turn to page 13