Grain Farmers of Ontario landed basis (initial payment) price chart 2011 crop year

Press Release

GUELPH, ON (July 07, 2011) – Grain Farmers of Ontario announces the initial payments for the 2011 pool program. These prices are based on current market conditions and represent an estimated 65% of the final price. “GFO’s pool program allows farmer members an opportunity to diversify their marketing risk during these volatile times.” Barry Senft C.E.O Grain Farmers of Ontario. In the past 7 years, five of those have paid more to pool participants than the cash price market available at harvest.

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