Manitoba Farm Outlook Bright Analysts Forecast Stable Wheat Prospects
Manitoba farmers at the Farm Outlook Conference heard A L D Martin argue against expanding wheat under irrigation in 1965 to avoid expanding carryover. He noted 1,057 million bushels of wheat on hand, with prices for durum below bread wheat and oats shortages possible if acreage increases. Durum exports fall as US sells to Europe while rapeseed demand rises, and sunflowers could double to around one hundred thousand acres. Cattle and pig sectors are seen improving slowly with higher prices in 1965-66. egg production should rise with some price dips in early 1965.
MENTIONED IN THIS ARTICLE
Manitoba
A. L. D. Martin
Manitoba Farm Outlook
Canada
Martin
Europe
Laxenend
David Durksen
Altona
Japan
Mr. Durksen
J. E. B. Campbell
W. T. Henderson
D. S. Stevenson
J. R. Cameron
Ment
Manitoba Farmers to Receive Crop Insurance Expansion
Premier Duff Roblin announced at a Farm Outlook Conference that crop insurance will reach all Manitoba farms within two years, with plans to double coverage next year and fully cover the province by 1967. Officials are negotiating with the federal government on a re insurance scheme to determine the expansion area.
MENTIONED IN THIS ARTICLE
Manitoba
Duff Roblin
Farm Outlook
Wheat Board Slashes Bulk of Export Prices
The Canadian Wheat Board cuts export prices for northern grades while durum remains unchanged. The move follows similar U S and Canada cuts this week aimed at competition with Australia and France in China markets. No. 1 Northern falls from 2.01 to 1.96 a bushel, with larger 3 and 4 Northern reductions.
MENTIONED IN THIS ARTICLE
Wheat Board
Can‘s
U.s.canada
Pacific
China
Canada
Syndicate Buys Manitoba Hydro Bonds Led by Wood Gundy
A 20 member Canadian syndicate led by Wood Gundy and Co Ltd purchased a $20 million Manitoba Hydro bond issue. Premier Duff Roblin announced the deal last week. Proceeds will repay debts of the public power agency for capital purposes. The bonds bear 5 percent interest for 23 years.
MENTIONED IN THIS ARTICLE
Wood Gundy and Co. Ltd
Manitoba Hydrobonds
Duff Roblin
Public Power Agency
Roblin urges share of market benefits for Manitoba growth
Premier Duff Roblin told the Western Retail Lumbermen that federal policy must complement provincial efforts to guide Manitoba’s economic growth. He argued the Canada US free trade deal will not cut prices immediately and that benefits should be shared, stressing small firms and a job-training program in clothing manufacturing.
MENTIONED IN THIS ARTICLE
Duff Roblin
Canada
Roblin
Manitoba
Farm Loans Hit A Record High In Canada
Farm Credit Corporation reports 9,647 loans totaling 145 million dollars approved in the first nine months of the current fiscal year. This surpasses 8,284 loans for 102 million in the same period of 1963, a 16 percent rise in loan count and a 43 percent jump in the loan total, signaling strong demand and expanding credit ceilings since June 1964. The agency notes greater farmer awareness of credit services and the Farm Syndicates Credit Act expanding midterm lending options.
MENTIONED IN THIS ARTICLE
Farm Credit Corporation
FCC
George Owen
Owen
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