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Grain Farmers of Ontario recognizes exceptional spring wheat growers

ORANGEVILLE, ON (January 26, 2011)  – Winners of Grain Farmers of Ontario’s inaugural Spring Wheat Challenge were recognized today at a District meeting in Orangeville. The top three winners of the Western Ontario join their winning counterparts in Eastern Ontario who were awarded their prizes last week.

“We’re very pleased to highlight the accomplishments of these growers,” says Jaye Atkins, Vice President of Strategic Development at GFO. “It’s clear that all competitors are excellent spring wheat growers. The average yield among everyone in the competition was 71.9 bushels per acre.”

The challenge was split into two geographic zones to best reflect the entrants. Winners in both the east and the west received a cash prize of $1,500 for first place. Second place winners took home $750 and third place winners were awarded $500.

The challenge was made possible by a generous and exclusive sponsorship from Bayer CropScience.

The 2010 GFO Spring Wheat Challenge Western Winners are:

1st Place                                Morley Trask, Alma, Sable, 83.72 bu/ac

2nd Place               Bill Nater, Mitchell, Sable, 82.79 bu/ac

3rd Place               Cor Van Gaalen, Clinton, 74.26 bu/ac

Eastern Ontario winners were announced on January 19. Check out the February issue of the Ontario Grain Farmer magazine for information about the winners’ management practices from both Eastern and Western Ontario. For a list of winners from Eastern Ontario, visit www.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.

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Grain Market Commentary for February 7, 2018

Thursday, February 08, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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Commodity Period Price Weekly Movement
Corn CBOT March 3.61 ↑ 05 cents
Soybeans CBOT March 9.96 ↑ 04 cents
Wheat CBOT March 4.51 ↑ 18 cents
Wheat Minn. March 6.07 ↑ 01 cents
Wheat Kansas March 4.67 ↑ 35 cents
Chicago Oats March 2.65 ↓ 10 cents
Canadian $ March 0.8130 ↑ 0.23 points

Notice: The commentary for all commodities was written at 10 a.m. on February 8 before the release of the February United States Department of Agriculture (USDA) report.

Cash Grain prices as of the close, February 7, are as follows: SWW @ $210.13 ($5.72/bu), HRW @ $207.82/MT ($5.66/bu), HRS @ $233.89/MT ($6.37/bu), SRW @ $205.52/MT ($5.59/bu).

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Market Trends Report for February-March 2018

Monday, February 12, 2018

The winter season in North America is often one of hopes and dreams. With the January 2018 USDA report a month old the scope of the 2017 crop is now becoming a memory. Farmers have turned the page and will soon be planting corn in places like Texas. However, in the southern hemisphere corn and soybean crops are growing in the field and affecting prices every day. While the northern hemisphere freezes under the snow, weather in Argentina and Brazil has been defining the initial grain fundamentals for 2018.

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On February 8th, the USDA released its latest World Supply and Demand Estimates. (WASDE) The USDA lowered US corn ending stocks to 2.352 billion bushels down 125 million bushels from last month. This was totally related to an increase in US corn exports by the same amount. This was attributed to a weakened US dollar and reduction in both Argentinian and Ukrainian corn exports. Hot weather in Argentina had USDA lowering their corn production 2.8 MMT to 39 MMT. USDA maintained Brazil corn production of 95 MMT.

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