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Corn, wheat, and soy: not just for dinner!

Explore the uses of these renewable resources at the Grains in Your Life exhibit!

TORONTO, ON (November 4, 2010) – Corn, wheat and soy not only have a place at your dinner table, these amazing crops can be found within everyday products like household insulation, carpet and kitchen countertops. Grain Farmers of Ontario invites you to visit the Grains in Your Life exhibit, an innovative presentation at this year’s Royal Agricultural Winter Fair and the International Plowing Match, to learn more. The exhibit offers an opportunity for visitors to explore how these environmentally-friendly, sustainable grain products are used at home, at work, and on the road.

Grain Farmers of Ontario has partnered with Pioneer Hi-Bred and Greenfield Ethanol to create this unique exhibit featuring grain-based structural and design components within four unique vignettes. The exhibit’s living room, office, kitchen and garage vignettes will contain, everything from No-VOC paints and varnishes, adhesives, household insulation, kitchen cabinets, countertop, carpet, subfloors, sofas, wallpaper and fabrics that feature corn, wheat and soy components.

Grains like corn and soy are processed into bio-fuels and used as a sustainable replacement to petroleum products in a myriad of commercial applications. As Ontario is one of Canada’s top producers of corn, wheat and soybeans, these products are an innovative, grown-in-Ontario and renewable source of food, bio-products and fuel.  “From the farm right through the value chain, these grains support Ontario’s emerging bio-economy,” says Erin Fletcher, Manager, Public Affairs and Communications, Grain Farmers of Ontario.

The use of corn, wheat and soy as a rapidly renewable alternative to chemicals also helps drive the development of cleaner, greener, eco-friendly products. “What’s astounding is that many consumers aren’t aware of the harmful VOC’s emitted by everyday household goods. Grains in Your Life is about starting that conversation and providing accessible alternatives,” continues Fletcher.

The Grains in Your Life will be showcased at this year’s Royal Agricultural Winter Fair and the International Plowing Match. The International Plowing Match is held in St. Thomas between September 21 and 25, and is a premier international event held annually in Ontario to promote the agricultural and rural lifestyles. The Royal Winter Fair is hosted in Toronto between November 6 and 15, and typically attracts more than 326,000 urban and rural visitors. Grain in your Life has been made possible by incredible partnerships with leading-edge Canadian companies using corn, wheat and soy within their environmentally-friendly products:  AllSteel, Wolf-Gordon, Polar Spray, CallRich Eco-Services, Umbrella Cabinetry, Columbia Forest Products, Green Living Flooring, Sherwin Williams, Durra, Herman Miller, Future Fine Furniture, Latitude Countertops, RW Doors and Mohawk Flooring. The interior design was provided by Bennett Design.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $2.5 billion in farm gate receipts, result in over $9 billion in economic output and are responsible for over 40,000 jobs in the province.

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Weekly Commentary

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Grain Market Commentary for October 12, 2017

Thursday, October 12, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.49  06 cents
Soybeans CBOT November 9.92  34 cents
Wheat CBOT December 4.30  12 cents
Wheat Minn. December 6.12  02 cents
Wheat Kansas December 4.26  10 cents
Chicago Oats December 2.62  16 cents
Canadian $ December 0.8030  0.15 points

Harvest 2017 prices as of the close, October 12 are as follows: SWW @ $183.52/MT ($4.99/bu), HRW @ $192.67/MT ($5.24/bu), HRS @ $238.89/MT ($6.50/bu), SRW @ $188.09/MT ($5.12/bu).

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Market Trends Report for October-November 2017

Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

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USDA estimated soybean production to be at 4.431 billion bushels, which was a decrease from their September estimate. This was based on a .4 bushel/acre cut in US national yield down to 49.5 bushels per acre. However, the US soybean harvested acreage is at a record high of 89.5 million acres, which was up 1% from the USDA September estimate. The US domestic soybean ending stocks were also pegged at 430 million bushels, which was down 45 million bushels from their September estimate. This was generally looked at as bullish on report day and soybeans responded by going up $.26 a bushel. US domestic wheat stocks were set at 960 million bushels, which was 27 million bushels higher than their September estimate.

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