News

$1,500 cash prize up for grabs for the best spring wheat in Ontario

Grain Farmers of Ontario’s Spring Wheat Challenge now open for registration

The first annual Spring Wheat Challenge is a friendly competition that allows farmers to try their hand at some great prizes and learn about best management practices in the process.

Great Prizes!

  • Grand Prize – $1,500

  • 1st Runner Up - $750

  • 2nd Runner Up - $500

Rules

  • Contest open to all Ontario farmers (GFO Directors, staff and immediate families are restricted from the competition)

  • Field size must be a minimum of 10 acres and the harvested plot must be a minimum of 1.5 acres of the same field.

  • All legal spring wheat production practices will be permitted

  • Any variety designated as milling quality Hard Red Spring can be used; must be certified seed

  • Winning entries must be of Milling Quality (Grade 1,2, or 3)

  • Crop must be weighed in the field using a weigh wagon or, if facilities exist, the crop may be weighed in a regular wagon as long as the weight of the wagon itself is subtracted from the total

  • A representative sample from the harvested plot must be graded by a certified grader (someone who has completed the CGC Grain Grading Course)

  • An independent party must witness all acts of weighing and grading and sign off on the completed Harvest Information Form

  • Growers will be required to fill out a survey form stating production practices of the competition field, location of field and general weather data to participate.

  • Visit us at www.gfo.ca/springwheatchallenge

  • Call us at 1-800-265-0550

  • Email Claire Cowan at ccowan@gfo.ca

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.

Contact:

Barry Senft, CEO - 1-800-265-0550; bsenft@gfo.ca

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Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

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Weekly Commentary

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Grain Market Commentary for December 6, 2017

Wednesday, December 06, 2017

Commodity Period Price Weekly Movement
Corn CBOT March 3.52  01 cents
Soybeans CBOT January 10.03  10 cents
Wheat CBOT March 4.25  10 cents
Wheat Minn. March 6.14  09 cents
Wheat Kansas March 4.23  06 cents
Chicago Oats March 2.48  15 cents
Canadian $ December 0.7835  0.50 points

Cash Grain prices as of the close, December 6, are as follows: SWW @ $178.23/MT ($4.85/bu), HRW @ $187.61/MT ($5.11/bu), HRS @ $238.74/MT ($6.50/bu), SRW @ $182.92/MT ($4.98/bu).

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Market Trends

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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