The Rural Voice, 1983-11, Page 5ONTARIO LAND VALUES ARE
GENERALLY DOWN 10-25 PER
CENT, according to an Economic
report from the Farm Credit Corp.
Great variation across the province,
with some areas down 40 per cent
from last year, was cited. The report
indicated stability in Saskatchewan
and Quebec, where government sup-
ports are more prevalent. The study
also alluded to the fact that poorer
quality land is more subject to
weakness during economic stress.
THERE'S PESSIMISM IN
EUROPE OVER FARM FINAN-
CES. This, after Farm Commission-
ers of the European Economic Com-
munity ordered a halt on payments of
nearly 360 million the EEC owes
farmers. A cash shortage in the
10 -member group is blamed. The
freeze is the first ever. Senior EEC
Ministers, at last report, had failed to
agree on overhauling the farm sup-
port system, which could be moving
toward bankruptcy.
USSR CROP SHOULD BE 200
MILLION M.T., according to
USDA. A total grain output of that
amount represents respectable yields,
although one private forecaster,
James McQuigg, thinks production
will be more like 180 million m.t.
Russian livestock herds, meanwhile,
are at record levels, so even if their
1983 buying spree is over for now,
they'll still be big feed grain shoppers
in the future.
IN WORLD ECONOMIC NEWS,
gold and silver prices suffered a
general decline in early October, sug-
gesting that inflation is not imminent.
But it could return eventually, say
many analysts, who point to continu-
ing high American and Canadian
government deficits. Oil prices could
be one factor: the trend of world oil is
down but the Iran -Iraq conflict
threatens to change that. As for in-
terest rates, most analysts don't see
any upsurge before the 1984 U.S.
election, but do fear a 1985 run-up.
In currency news, the U.S. buck fell
to an 11 -week low against the
Deutschmark in mid-October, but
was still strong by historical stan-
dards.
AGRICULTURE IS PAR-
TICIPATING IN THE NORTH
AMERICAN ECONOMIC
RECOVERY. How long will it last?
At a recent "futures" symposium in
Chicago, Joe Granville preached a
stock market crash, while most other
big -bugs in attendance said there's
more life in the bull yet.
A CITY SLICKER HAS BEATEN
FARMERS AT THEIR OWN
GAME. Anthony Casale, a Cleveland
suburbanite, has won the U.S. annual
"tall corn" contest. His highest stalk,
planted in his yard, grew to over 20
feet. He inched out an Iowa farmer
whose stalk was 19 ft., 8 in. Casale's
secret? Plenty of horse manure. The
mayor of Des Moines, Iowa vied for
the tallest plant using tiger and
elephant manure from the local zoo,
but his entry only reached a height of
3 ft. One city boy in the race only
planted 4 seeds in total yet placed a
respectable 14th .171
CO.OP
fa*
Hampshires and Durocs
Registered, R O.P , Breeding Stock
Purebred and Crossbred
LODON ACRES
Don Johnson & Son
R.R. 2, Mildmay
519-367-2111
WE WANT
YOUR
FEED BUSINESS
Book
your feed at a fixed price
for six months
or
receive a cash discount
at the end of six months
Feed Lot Starter
with AS -700
$205.00 per tonne
Bulk Delivered
Co-op NU 32% Beef
with AS -700
$349.00 per tonne
Bulk Delivered
Book your mineral
at a fixed price
for six months
Grain Marketing Hardware
Farm Supplies Feeding Programs
PETROLEUM PRODUCTS
FUEL OIL PROPANE GASOLINE
GREASE OIL
CaII Today
Lucknow District Co-operative
529-7953
THE RURAL VOICE, NOVEMBER 1983 PG. 3