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Grain Farmers of Ontario landed basis (initial payment) price chart 2011 crop year

GUELPH, ON (July 07, 2011) – Grain Farmers of Ontario announces the initial payments for the 2011 pool program. These prices are based on current market conditions and represent an estimated 65% of the final price. “GFO’s pool program allows farmer members an opportunity to diversify their marketing risk during these volatile times.” Barry Senft C.E.O Grain Farmers of Ontario. In the past 7 years, five of those have paid more to pool participants than the cash price market available at harvest.


SWW (Pool A)
Gross landed basis price
Less license fee*
Net landed basis price

$152.00
$0.97
$151.03
HRW (Pool B) Grown from certified seed (proof required)
Gross landed basis price
Less license fee*
Net landed basis price

$157.00
$0.97
$156.03
HRS (Pool C) Grown from certified seed (proof required)
Gross landed basis price

Less license fee*
Net landed basis price

$172.00
$0.97
$171.03
SRW (Pool E)
Gross landed basis price
Less license fee*
Net landed basis price

$142.00
$0.97
$141.03
Hard Red (Pool F)
Gross landed basis price
Less license fee*
Net landed basis price

$142.00
$0.97
$141.03
Feed (Pool G)
Gross landed basis price
Less license fee*
Net landed basis price

$122.00
$0.97
$121.03

Notes: 

  • Landed Basis Levels are subject to change 
  • Classes HRW & HRS (Pools B & C) – plus protein payment 
  • Discounts will apply for lower grades 
  • Prices in metric tonne 

Please refer to the variety list on our website (http://www.gfo.ca/Marketing/WheatMarketing/InitialPayments) for the varieties accepted for Pool C (HRS). All varieties not accepted in Pool C (HRS) will be considered Pool F (HR). Please remember that Grain Farmers of Ontario requires a Form 7 producer declaration for all Pool B (HRW) and Pool C (HRS) wheat.

* Effective July 1 2011 every producer of wheat shall pay to the local board licence fees at the rate of $0.87 per metric tonne plus the Grain Financial Protection Plan fee of $0.10 per metric tonne, for a total of $0.97 (includes 10 cents for Grain Financial Protection Fund) per metric tonne, in respect of all wheat marketed by the producer.

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 November 15, 2017

Thursday, November 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.38  10 cents
Soybeans CBOT January 9.75  15 cents
Wheat CBOT December 4.20  02 cents
Wheat Minn. December 6.25  11 cents
Wheat Kansas December 4.18  02 cents
Chicago Oats December 2.69  02 cents
Canadian $ December 0.7835  0.60 points

Cash grain prices as of the close, November 15 are as follows: SWW @ $182.95/MT ($4.98/bu), HRW @ $192.33/MT ($5.23/bu), HRS @ $251.44/MT ($6.84/bu), SRW @ $187.64/MT ($5.11/bu).

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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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