Country 105

 

     
Country 105

Country 105


Agriculture Report

More Fall Fair Celebrations

By

A rare mid week fall fair in Tara.


Length:

The only midweek Fall Fair in Grey Bruce is being held today and tomorrow in Tara.

About two thousand people are expected to part in the Arran Tara Fair at the community centre and fairgrounds.

Fair Secretary Florence Beere says they have a number of events for both the young and old.

The popular lawnmower races take place tonight.

Tomorrow is the official fair day with gates opening at 8 in the morning before the parade as well as horse, poultry and 4-H shows.

-------

Corn and soybean harvest crops are expected to reach record levels in the U-S.

The Department of Agriculture says this year's corn should be the second largest ever at 13  billion bushels -- and estimates a record soybean crop of almost 3.25 billion bushels.

Farmers are also expected to set a new record for the amount of corn produced per acre of land at 161.9 bushels -- a five per cent increase over last year.

-------

Volatile markets are affecting organic wheat growers.

Donna Youngdahl -- the Organic Marketing Manager with the Canadian Wheat Board -- says oversupply has become an issue.

Three years ago about 77-thousand tonnes of organic wheat were sold -- while last year only 40-thousand tonnes were traded.

Prices for organic wheat have dropped from a peak of 30 dollars a bushel in early 2008 to between 9 and 12 dollars per bushel today.

-------

2009 is turning out to be a very profitable year for Canada's largest grain handling company.

Viterra has posted third quarter earnings of 121 million dollars and is reporting a 151.5 million dollar increase in fiscal year operating revenues.

The numbers come just as the company prepares a 1.4 billion dollar takeover bid of Australia's A-B-B Grain.

That would make Viterra one of the largest exporters of wheat, canola and barley in the world.

 


Bayshore Broadcasting Corporation
© 2018 Bayshore Broadcasting Corporation

Web Site by Websmart Inc