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Grain Farmers of Ontario March Classic industry speakers

GUELPH, ON (March 01, 2011)  – Grain Farmers of Ontario March Classic will offer global industry insight for Ontario growers. Buyers of corn, wheat, and soybeans will explain their experiences with Ontario product and how adjustments in on-farm practices will help ensure the sustainability of grain farming on our province.

A great supporter of Grain Farmers of Ontario , Jan Wescott of Spirits Canada, will offer a wealth of knowledge about the corn quality requirements for fine Canadian whisky. The whisky industry is unique and proves to be a marketing channel of interest for many Ontario grain farmers. Remote distilleries often rely on the convenience of local farm supplies of corn whereas border locations have numerous options. Wescott will share how we can keep Ontario distilleries buying domestic corn.

Travelling all the way from the United Kingdom (UK), Warburton’s Bob Beard, will join the Grain Farmers of Ontario conference to discuss their wheat program and how they select their wheat suppliers. Warburtons is an artisan bakery that has been highly successful in the UK for 130 years. The company purchases all their wheat from the UK and Canada and has implemented traceability all the way back to the farm. Beard will provide great insight into the differences between Western and Eastern Canadian wheat in baked goods.

Finally, CRFA President Gordon Quaiattini will speak to the March Classic crowd about the status of renewable grain based fuels in Ontario. From biodiesel to ethanol, Quaiattini will flow knowledge of the current and future position of renewable fuels domestically and internationally as well as the economic impact on farm and on a macro-scale.

These three powerful industry alliances will provide an opportunity for Ontario’s grain farmers to address marketing and end-use requirements of their crops. To register for the March Classic visit www.gfo.ca/MarchClassic or call the Grain Farmers of Ontario office at 1-800-265-0550. 

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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Leadership for Tomorrow: March 20, 2018, at the London Convention Centre.

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

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Grain Market Commentary for January 17, 2018

Wednesday, January 17, 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 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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