The Rural Voice, 1990-04, Page 30First Rate Soybean Varieties
From First Line Seeds
lie
MAPLE GLEN—CHU 2600
/1,i` Exhibits extremely good resistance to
Yields well on all soil types and shows good
lit /powdery mildew and very good standability.
�, , early season vigour. Adaptable to narrow
'NI lir itV and wide row planting. 1989 yield index
of 105%.
MAPLE DONOVAN—CHU 2750
Offers outstanding performance on a wide
range of soil types. Adjusts well to stress
while producing good standability and
excellent yield. Extremely good combina-
! bility at harvest. Highest yielding variety in
its maturity group.
BICENTENNIAL—CHU 2600
I' Highly resistant to powdery mildew with
superior tolerance to phytophthora root
rot. Performs well on all soils with fair
• , , standability and good early season
f . ; vigour. For best results and maximum
yield, plant in narrow rows.
,t 1- \ OAC SCORPIO—CHU 2600
0 i Produces very high yields on all soil
types with a 1989 yield index of 1060/0.
A tall variety that adapts well to stress
and produces best results in 7" rows.
OAC DORADO—CHU 2850
Produces consistently high yields with
excellent plant standability. 1989 Ontario
/ yield index of 105%. Adaptable for row
,widths from 7" to 30", exhibiting strong
r . / early season vigour and allows for fast
easy harvest.
available from these FIRST LINE dealers
Murray Brown, MITCHELL 519-348-9530
Connell Farms Inc., PALMERSTON 519-343-2626
Neil Coulthard, ST. PAUL'S 519-271-9228
H.J.A. Farms Ltd., STAFFA 519-345-2686
519-345-2886
Hill & Hill Farms, VARNA 519-233-3218
John King, WINGHAM 519-357-2645
Laurie Siemon, BORNHOLM 519-347-2401
Terry Wilhelm, WALKERTON 519-881-3163
Professional Seedsmen
In touch with the land ��
'�t�
26 THE RURAL VOICE
GRAIN MARKETS
setting at 55 cents over November
futures and I don't see much change
except in the event of a significant
change in the Canadian dollar.
I think there will be opportunities
to lock in prices above today's new
crop prices through the spring and
summer.
FEED GRAINS
The Western feed grain situation is
still fairly tight, but will be alleviated
when vessels begin to arrive in mid-
April. Prices will depend on the initial
payment set by the Canadian Wheat
Board. In any event, supplies of feed
grains should be no problem when you
consider the availability of both Ontar-
io and Western grains. The OMAF
stats indicate that a fairly good supply
of Ontario barley is still sitting on
farms and has to find a market soon.
Barley prices are now in the $120
to $125 range, with Western barley in
the low $130s. Mixed grain prices are
in the $115 area and milling oats are
under $110/mt.
It's still difficult to confirm the
planting intentions of Ontario farmers,
but it appears that both barley and oat
acreage will be down in Canada. This
fact may provide some hope for stable
prices for Ontario feed grains.
In conclusion, there are several
advisors throughout North America
who are quite bullish in their thoughts
on grain prices. But use common
sense and don't get greedy if and
when prices start to rise. If you can
lock in a profit, contract a portion and
follow up with another portion of your
crop at a higher level.
Remember, "greed and fear make
markets." In other words, fear in a
falling market forces it lower and
greed in a rising market forces it high-
er. Greed and fear are simply part of
the psychological makeup of humans.
You should always consciously try to
avoid both extremes.°
This information is taken from reliable
sources, but accuracy and completeness
are not guaranteed. Dave Gordon is a
grain merchandiser with London Agricul-
tural Commodities, Inc. in Hyde Park,
519-473-9333 or 1-800-265-1885.