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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 27, 1972, Lethbridge, Alberta 18 THE LETHBRIDGE HERALD Thurtduy, April Market outlook for 1972 seems encouraging The market for most commo- dities is more encouraging lliis year, the economics branch of the Cuniiilii Department of Ag- riculture says in Us first "Spring Outlook." Grain sales have been pick- Ing up on the Prairies, bog prices have rebounded from lost year'.1: lows, bc-ef prices tire steady. the oilseeds market con- tinues strong, and dairy prices have improved. Thero continue to be some weak points, including prices for potatoes and eggs, but with careful planning in the coming year, prices [or these commo- dities could be improved, the outlook Kays. Here is the Outlook view for grains: WHEAT The initial price lias been set at a bushel for No. 1 C.W., basis in store at Vancouver or Thunder Hay. The Canadian Wheat Hoard is calling for pro- duction from million acres, up only slightly from the 10.7 million acres planted last year. Of Ihis acreage, about three million could be durum. Depending on how many acres farmers assign to the de- livery of wheat, the quota will be about eight to nine- bushels an acre for both hard red spring wheat and durum. World production turned up- wards again last year, and trade between July and Decem- ber was off by 22 per cent from 1970. Canada is the only coun- try to have a sizeable increase. During 1972-73, the seven main exporting countries will likely increase stocks by more than 200 million bushels. Prices arc not likely to improve, un- less unusual crop reductions drastically change the picture. Carryover at the start of the year in Canada was down by 250 million bushels and stood at 750 million. Durum production was down to GO million bushels following two years of 00- mlllion Lushel crops and On- tario winter wheat was down a little to 14 million bushels, but fall planting was up by eight per cent. Overseas clearaitccs at the end of the half of the 1971-72 crop year were 57 million bush- els ahead of last year at 230 million. Exports o( w h e a t, sparked by large shipments to Russia and China, arc expected to lotal 450 million bushels for ordinary wheat and an addi- tional 50 to million for dur- um. There arc only three limes that we have sold more. Total wheat stocks should be down to about GOO million bushels by the end of the crop yenr. With the recent sale to Kus- sia :.o begin next crop year, ex- ports for the 1972-73 crop year will likely again cxcedc -100 mil- lion bushels for ordinary wheat and 50 million for durum. The Wheat Board says it will take delivery of a minimum of 450 million busbeJs of all wheat except durum and 55 million of durum. It still appears desirable to reduce slocks somewhat, aild that's why the Wheat Board is callirig for very liLLlc increase in acreage this year. FEED GRAINS World production and inter- national sales of feed grains were higher last year. The huge United States corn crop will bang over the world market for early montlis at least of the 1972-73 crop year and will keep world prices from rising. Stocks in most countries will not be cumbersome. The United States is using its pro- duction policies to reduce corn production sharply from last year's levels, Canadian production increas- ed by 25 per cent last year, with barley leading the way nt a record G55 million bushels. Up to the middle of the crop year, exports have been match- ing last year's levels and are expected to increase by the end of the crop year, setting u new record of 225 million bushels. Prices have improved slight- ly from late 1971, but it is diffi- cult to see any substantial in- creases in export prices for the balance of (his crop year or even into the new crop year. To meet domestic needs and to stay in the world market, Canada will need a crop from at least 15 million acres tills year. Initial prices have been boosted by five cents to 96 cents a bushel for the new crop year (No. 3 Canadian Western six row, basis in store Thunder Day) and minimum quotas are estimate! at a to 20 bushels an -icrc. Five million acres planted to oats would be sufficient this year as exports have fallen and will likely reach only six or seven million bushels in the current crop year and possibly less next crop year. Initial prices have been set at 00 cents a bushel for No. 2 Ca- nadian Western, basis in store at Thunder Bay. Quotas are es- timated nt 10 to 14 bushels an acre. Rye prices will follow the pat- tern of other feed grains, and indications point to an export market of nine million bushels. Carryover at the end of the crop year may be up to near- ly 20 million bushels. Acreage should be reduced n bit from last year to one million acres. Corn production Increased last year to 100 million bushels and indications arc that there will be another increase this year. Prices will be field in check for some months into tho 1972-73 crop year (which be- gins August 1) by the large United States surplus. OII.SEEDS Production of fats and oils Is increasing slightly faster than consumption, so for the first time in several years, tho in- duslry is tsarting to bebuild stocks. Prices had not riseu signifi- cantly to late February, but could improve somewhat by the- end of the crop year. It seems probable that pro- duction will continue to in- crease in line with consump- tion, and competition for world markels may be stronger. Trices for most oilseeds peak every five years, and the last peak was In 1971. Last year Canada had a carryover of 10 million bushels of rapesced and, with the bump- er crop, seems to be headed for a carryover of 30 to 35 mil- lion bushels at the end of this crop year. Domestic use could reach 12 million bushels this crop year and exports about 45 million. Next year domestic consump- tion will likely continue to in- crease and export opportunities- for a rising volume of sales ore- good, providing rapeseed Is made price competitive. Low e r u c i c acid rapeseed (LEAR) varieties will soon be the only seed which will be ac- cepted by the Canadian food in- dustry. Importing countries are also prepared to make the changeover and a complete changeover to LEAR varieties seems inevitable. Four to five million acres of rapeseed seems adequate for tills year. Sunflower seed acreage U likely to increase to about 000 acres willi relatively good prices unless the whole world edible oil price structure de- clines sharply. flaxseed production in L-uu- ada, Ihe United States nnd the Argentina was reduced last year. Canada's production to- talled 2C million bushels and with a possible export of al- most that amount, stocks aro likely to be down nt the end of the crop year. Prices next year could rise slightly, but prospects could improve more sharply if planting is kept to two million acres. Soybean prices arc strong nnd Canada has been importing large quantities from the Uni- ted States, so production could be increased this year. Farmers battle the drying, eroding effects of wind. fWl I ft WflWYtf? HXC% L fc TWO Municipal Districts in Alberta now enacting legislation which prohibits the use of firearms, it would appear the hunter is in for some rough times ahead. "Is Gun-Control Legislation read the headline in a Washington newspaper. It appeared over the byline of an Audubon official whose article sought to prove the case for firearms registration. Among several points made by the self- styled naturalist was the ageless accusation against which sportsmen have had to defend themselves since huntir.j, became a popular outcoor of law- less and irresponsible behavior while afield. It is true that some so-called sportsmen have no respect for the law. It is not true that all sportsmen are lawbreakers. Law-abiding sportsmen have had to contend with this distored image for years. The majority has had to suffer for the misbehavior of a small minority, For every hunter who flaunts the law or displays bad manners in the field, there arc hundreds who re- spect it and abide by its dictates. The sweeping im- plication that all sportsmen are lawless, and there- fore should be curtailed in their hunting pursuits through gun controls, is inaccurate and unfair. The same kind of unjust accusation against hunt- ers has been made for years in the case of littering. Sportsmen have been blamed for marring the land- scape with trash and, as a result, more land is being posted against hunting and fishing. VINDICATION FOR THE SPORTSMAN concern- ing littering came recently in the form of statistics gathered in a study conducted by Keep America Beautiful, Inc. Ironically, sportsmen were found to be the least offenders on this charge. They were re- sponsible for only five per cent of the litter in rural areas investigated. Picnickers were responsible for 25 per cm! and passing motorists for 70 per cent. It is also inleresling note that the annual cost for clcanim.! up national parks and monuments is mil- lions of ilolkirs annually. These areas arc closed to hunting. is not n behavior pattern peculiar to (hi- outdoor sporting fraternity. It's a problem society has been pkigund with since man's arrival on earth. 11 knows no boundaries. Litlcrbugs have even been found the naturalists. It is not surprising for a proponent of the protec- tionist philosophy to speak out against hunting. In so doing, however, ho should not allow his emotion to cloud his reasoning. And, hunters are mere pikers when it comes to this mass immlcr of game. II lakes legislation passed by nnti-gun zealots who sigh for a 'leave it to nature policy.' The do-gooders kill 'cm with kindness and in tho process destroy entire ecological biosystcms and change Ihe face of the land. Compared with the tamperers nature's way, tho hunter is a gentle man. His kill is calculated and if any torture nnd waste. In banning the hunter, our furay-minded parlor naturalists insure rapid deterioration of the environment and sordid mass murder of Uio creatures they profess to help. ;