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Grain Farmers of Ontario welcomes Vice President of Strategic Development

GUELPH, ON (December 7, 2010) – Grain Farmers of Ontario is pleased to welcome Jaye Atkins to the role of Vice President, Strategic Development.  

The Vice President, Strategic Development position will provide leadership and guidance to the Public Affairs/Communications, Market Development and Research pillars by seeking opportunities for Ontario’s producers of corn, soybean and wheat to work with grain industry stakeholders, government and the general public both domestically and internationally to add value to members.

When making the announcement, Barry Senft, CEO of GFO stated that “filling this role completes our competent and dedicated management team with a talented and enthusiastic individual who will make a significant contribution to our organization.”

Jaye was raised on a cash crop, beef, tobacco and vegetable farm in Norfolk County.  Upon graduation from Ridgetown College with a major in field and horticultural crops, he returned to his father’s farm and farmed full time for the next five years.  Jaye then returned to school to attend the University of Western Ontario and graduated with a degree in Economics. 

Jaye’s experience in agriculture has included various positions with Farm Credit Canada including Loans Officer, Marketing Manager for Ontario, Marketing Manager for Canada East and eventually to Director of Marketing – Agribusiness and Farm Finance Canada.  Jaye also has past experience working with many of the GFO members as General Manager for the Ontario Wheat Producers Marketing Board when he was instrumental in the move from Chatham to Guelph and the implementation of the off-board marketing options.  Most recently, Jaye was the CEO of FS PARTNERS, a partnership between Perth, Norfolk, Simcoe and Waterloo Oxford Co-ops and their supplier GROWMARK.

Jaye is married to Karen with two teenage daughters Celine and Nicole and lives in Delhi, Ontario.  

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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Grain Market Commentary for August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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