The Rural Voice, 1986-04, Page 23CALL US TODAY
for
MSC
1GRAIN DRYING AND
HANDLING EQUIPMENT
Factory Trained Service & Parts
• New and Used Grain Dryers
• Aeration and Drying Fans
• Bins. Legs. Augers .Complete Systems
• Choppers, Shredders. Scythes
Pick Up Mowers•
–A.,
t
Drop by and see our
economically value pric-
ed 375 and the new 670
& 970 Dryers which all
operate on single phase
hydro.
A.J. HAUGH
EQUIPMENT LTD.
Brucefield
519-527-0138
Ontario's oldest M C Dealer and Distributor
New! Vic
DUMP TRAILER
5-7 ton all -season model
Used for:
• Hauling wood
• Hauling & spreading gravel
• Moving grain, corn, silage, bales,
bulk fertilizer, vegetables
• Stone removal
NEW VIC
MANUFACTURING
LTD.
LOUISA ST., BOX 33,
AYTON, ONT. NOG 1C0
519-665-7562
sider my points in the above cattle
comment. Feed hedgers might con-
sider purchasing inexpensive
CALL OPTIONS on corn so that
if grain prices fall dramatically, the
livestock feeder will stand to
benefit.
JUST A WORD ABOUT ...
SOME IDEAS ON GRAIN
MARKETiNG ... 1 think pro-
ducers this year will have to market
their grain with two thoughts in
mind!
i) to get the best price available in a
year that does not have a very
bright outlook on prices,
ii) to maintain a potential for im-
proved revenues if indeed prices do
improve.
Those who sit on their hands
with an "it's always darkest before
the dawn" attitude may be in for a
rude awakening.
Remember your different
marketing alternatives:
i) Sell cash
ii) Forward Contract
iii) Basis Contract
iv) Futures hedge
v) Options hedge,
One hedge strategy would be to
incorporate a basis and/or a
futures hedge with an option, to
establish a minimum selling price,
while still leaving the potential for
gains if the market turns upward.
Specifically a producer might think
about selling December futures
(currently around 2.11) and pur-
chasing December 2.10 CALL OP-
TIONS (currently around 12
cents). A basis might be locked in
if/when basis levels become more
competitive. This position would
establish a minimum selling price,
while leaving the door open to
gains if the market were to move
significantly higher.
The information contained herein
is believed accurate, however,
Bache Securities Inc. assumes no
responsibility for its use. For
specific recommendations and sug-
gestions regarding stop orders
please contact your nearest Bache
Office.
David Clarke is an Account Ex-
ecutive with the investment firm of
Bache Securities Inc., 376 Rich-
tuond Street. Suite 200, London,
Ontario .\.6.-13C7, I-800-265-1570.
YOUR TOTAL CROP
PRODUCTION
H EADQUARTERS
FOR 1986
LUCKNOW DISTRICT CO OPERATIVE
South on Huron Cty Rd 1
519.529-7953
QUALITY
SWINE
CO-OP
Provides the Following
Services:
Breeding Stock Purchases
& Sales
—Station Testing and
Hometesting Services
—Identification and Trucking
—Ultra Sonic Back Fat
Measuring
—Ultra Sonic Pregnancy
Checking
—Health, Nutrition, Facility
Management and Planning
on Request
—Sales of Swine Related
Health Products
QUALITY SWINE CO-OP
HEAD -QUARTERS
BOX 53, SHEDDEN, ONTARIO
519-764-2300
APRIL 1986 21