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Grain Farmers of Ontario announces March Classic

GUELPH, ON (January 28, 2011)  – Grain Farmers of Ontario has announced the dates and agenda highlights for its annual conference, the March Classic.

“2011 is critical for GFO and this event will be talked about for years to come,” says Barry Senft, CEO of GFO. “We will ask the tough questions to the right people to get the answers farmers need, and network with vital industry and political partners.”

The event will bring together provincial political leaders, including Premier Dalton McGuinty (invited) and PC leader Tim Hudak, for a fireside chat moderated by Seamus O’Regan from Canada AM. Federal MP Pierre Lemieux will also address the crowd. Other guests include Peter Mansbridge, Cal Whewell, and global corn, soybean, and wheat buyers.

The March Classic is being held March 21st, 2011 at the London Convention Center. Speakers will run through the day and an exhibitor hall will be open for networking and business discussions. There will also be a social evening banquet. Registration is now open online at www.gfo.ca/MarchClassic

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 May 31, 2017

Wednesday, May 31, 2017

May 31, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.71  01 cents
Soybeans CBOT July 9.26  22 cents
Wheat CBOT July 4.30  02 cents
Wheat Minn. July 5.72  11 cents
Wheat Kansas July 4.31  01 cents
Chicago Oats July 2.48  10 cents
Canadian $ June 0.7402  0.45 points

Harvest 2017 crop cash prices as of close on May 31, 2017
SWW @ $198.22/MT ($5.39/bu), HRW @ $198.22/MT ($5.39/bu),
HRS @ $233.70/MT ($6.36/bu), SRW @ $198.22/MT ($5.39/bu).

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Market Trends Report for June-July 2017

Monday, June 12, 2017

It is a critical time of the year for grain markets. Across the US corn belt as well as Ontario, farmers have been planting since mid April. It continues. As of May 28th 91% of US corn has been planted and 67% of US soybeans. There are wide variations on this theme as the Eastern and Southern corn belt has seen more of its share of wet weather causing many planting delays. As we move into late June it is a time where the US crop is setting up to be made and marketing decisions for that crop are accentuated by market volatility. The June 9th USDA report gave us another indication of the supply of grain in the US and around the world.

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