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The Rural Voice, 1985-12, Page 11delivering repeatedly is that now just isn't the time for beginning farmers to enter the industry. "If you're a beginning farmer (to- day) you have to spend as much time worrying about asset -value manage- ment as you do about production management," says Brinkman. His warning to students considering returning to the family farming operation or buying their own farm is to be "very, very careful." He ad- vises his students to do a feasibility study first. The results may show that the student should stay out of agriculture, "but the alternative of going in and going broke is tragic." He notes that one of his students who did a feasibility study on expanding his father's dairy herd found that the expansion would actually have reduc- ed the total farm income. Losing a farm is tragic enough, Brinkman says, but it's even more tragic if it takes down a father or the whole family farming operation. The secret of getting into farming in the '80s is "Don't enter when you are ready, enter when the time is right," he adds. Looking into his crystal ball, Brinkman says he doesn't foresee any turn around in agriculture for at least another two or three years. "In the 1980s, when you don't have capital appreciation coming, you can't make a mistake. You could make a mistake in the 1970s because your land values were going up and you could borrow money against your mistake and stay in." That safe- ty net of borrowing against rising land values no longer exists for today's farmers, notes the professor. While Brinkman is perhaps best known for his research comparing farm and non-farm incomes, this isn't his only area of policy study. The economist is currently evaluating Agriculture Canada's meat hygiene program, arguing that the depart- ment's sponsorship of the program generates substantial benefits to farmers while providing exceptionally good use of public funds. He's also continuing his research to find ways to "modify quota policies to reduce quota prices without reducing farmer benefit from supply management." International trade really isn't one of George Brinkman's concentrated areas of study, but it's hard to inter- view any agricultural expert these days without asking for an opinion on the free trade question. Brinkman, while noting that he can't really provide a simple answer on such a complicated matter, says free trade is an issue that's going to require extensive negotiations bet- ween Canadian and American of- ficials. Canada, he notes, is already holding its own against the U.S. in beef, pork, and some grain produc- tion. And since free trade would in- volve not only agricultural products but also agricultural inputs, it could mean cheaper chemicals, pesticides, and even lower interest rates for Canadian farmers. "In some areas, we could out -compete the Americans, so free trade isn't going to hurt us there," he says. Also, while many U.S. farmers regard Canada's supply management system as subsidized agriculture, Brinkman notes that it's highly unlikely the U.S. will abandon its YAMAHA BRAVO A very Merry Christmas to the greatest people on the land — our customers agricultural programs in a free trade situation. Because the American farmers have a "highly -subsidized agriculture in grains," it is somewhat "two-faced" for them to talk about Canadian agricultural subsidies, Brinkman points out. Then he adds, "Free trade will be a long process if it occurs," noting that only the day before well-known economist John Kenneth Galbraith predicted free trade in North America will never happen. Whatever the future of free trade, George Brinkman's future is a little more predictable. The professor, who serves on several government and in- dustry advisory committees, plans to continue teaching and research in his adopted country. Canada is "a very rewarding place to work. I think the people are tremendous, we have some of the best farmers in the world (and I mean that seriously), and it's a great country," he declares with more patriotism than many native Canadians could muster. While noting that agriculture still faces some tough times, Brinkman adds, "I also feel that we have such a tremendous resource in our farmers that we're going to get through it. That's not to say we're going to get through it without any bumps or bruises but we'll get through it and we'll come out with a good agriculture. If 1 didn't think that, I wouldn't be willing to commit myself to working in this area." Even if you don't agree with everything George Brinkman says, it would be almost impossible to argue that he isn't committed to Canada's farming industry.0 LLOYD'S SMALL ENGINES Atwood Phone 519-356-2639 SAVE $50 with the 1986 BRAVO A 4\IN DECEMBER 1985 9