The Lucknow Sentinel, 1989-12-20, Page 7Commodity prices will rise, fall
by Debbie SW
WALKERTON—Commodity prices will
have sharper valleys and peaks in the
next 10 years, 'but Grey -Bruce farmers
attending an information meeting in
Walkerton last week now know of trends
to watch -for.
Robert Mercer, editor of the Broad
water Newsletter, was one of three guest
speakers at the second annual Royal
Bank Agricultural centres c4salute to On-
tario agriculture". About 200 farmers fill-
ed the Walkerton 'Knights of Columbus
Hall to hear what may be in store for
them during the next decade.
"The general economic policy may be
more important than the farming policy
we live with. Our dollar, recently trading
at 86 cents U.S., has done more harm to
exports than anything free trade could
have done. It's made it harder to place
exports in the United States," he said.
He told farmers to "look for policies in
the federal field which will be more
market - and embrace alter
native agriculture."
From the prospect of the grower,
Mercer said farmers should be storing
their earn until prices are higher in Ju-
ly. Fight out of the last 10 years has seen
corn prices higher in this month, he said.
Also, there is potential for next year's
crop to be larger in Ontario. and it could
easily put corn on an export hacis, he
added.
He mentioned the problem the United
States has been encountering with
transportation of corn to the Soviet
Union. This means the US. does not need
to buy any corn right now became they
won't be ahle to ship it out until Jamiary
or February.
'Pm not as negative on corn as you
may think," he said. "There are just so
many negatives on the market Mat it's
time to act positively."
The Victorian Inn invites you to a
freasams, Item *ars-4
fgat
The pork industry has not been the best
to be in in recent years because of a pro
blem of too much pork both north and
south of the border. An October report oi
the C4nadian industry indicates "the pro-
duction spiral seems to be broken."
Slaughter statistics show "we are only
one cent under where we were last year,
and with 2(1 per cent of our hogs leaving
the country, its a very important
market. Japan is becoming a major
market for red meats."
With cattle and politics moving into
western Canada, the "beef market is go-
ing to get very tough for Ontario
farmers," he said. "We're defenseless
against the change in the west because of
advantages significant not only in cost
production and gain, but also for expor-
ting from the west coast."
Lueknow Sentinel, Wednesday, December NI, 19811—Past7
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Coming into December the prices of
cattle were strong and unless there are
major changes in government policy,
Mercer said beef prices should hold
strong until the new year.
In the 1990s, Mercer said he sees water
becoming a commodity. He recommend-
ed farmers know how deep their wells
are because "we could see a drought
twice as bad as anything we've seen
before."
Changes on the farm have been hap-
pening quickly, and now the retail sector
is changing to meet demands of con-
sumers. He told farmers how people in
the United States are using fax machines
to fax in grocery orders because of time
limitations He also said the next car
bought could have a microwave in it for
"breakfast on the go" in order to save
time.
"1 see exciting times ahpad and I hope
the commodity prices stay up."
The Candlelight presents
NEW YEAR'S DAY mg
SMORGASBORD:. 0.•
Monday, January ist •
— served from 4:30 pm to 7:30 pm
*Top Sirloin Roast Beef
*Tender Pork Chops
*Battered Perch ALL YOU
Plus_our famous Salad Bar, CAN EAT Kids t
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1:
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=KNOW A DISTRICT
LIONS CLUB
• Dabber
Bingo
Lucknow Community Centre
No :Bingo
Sunday, December 24th
Sunday, December 31st
Next Bingo
January 7th, 1990
JERRY CHRISTMAS
TO ALL
• ) Invites you to
•
come to the Best Party Around!
Plan now to attend our Gala
NEW YEAR'S EVE
DINNER
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DINNER SERVED 630-10:30
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For those not wishing to stay for the New
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made available until 9:30 p.rn. so you too may
enjoy our Special New Year's Dinner Menu.
Join us for a great feast.
Reservations 'Required.
Bridesmaids'
Catalogue for 1990.
Available at
The
Bridal. Suite
Port Elgrn 3894100
For those who prefer...
COME FOR OUR GALA
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mans at SSG Am. A small cover
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•
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oftlisist ad.0 coodertch
5244711
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LONG DISTANCE? CALL 140042654430 FOR TOIL FREE INFO.