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Grain Farmers of Ontario announces new VP of Strategic Development

GUELPH, ON (July 25, 2011) – Grain Farmers of Ontario is pleased to announce that John Cowan will become the new Vice President of Strategic Development.  

John will be responsible for the Research, Market Development, Government Relations and Communications business units.  In this position, he will work with grain industry stakeholders, government and the general public both domestically and internationally to add value to GFO farmer/members.

“We are looking forward to the opportunities John’s background and enthusiasm will bring to Grain Farmers of Ontario and we are very fortunate in attracting John to GFO” says Barry Senft, CEO. 

John Cowan comes to Grain Farmers of Ontario from Hyland Seeds where he has spent the last 34 years, ultimately ascending to the General Manager position that he has held since 1997. 

John’s extensive experience in the seed business and knowledge of the grain industry as a whole will be an asset to the organization.  His industry experience has included the roles of president of the Canadian Seed Trade Association, director on the Ontario Agri Business Association board and a member of the Canadian Agri-Marketing Association.

John is married to Kerry, has three children Kate, Peter and Claire.

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 December 6, 2017

Wednesday, December 06, 2017

Commodity Period Price Weekly Movement
Corn CBOT March 3.52  01 cents
Soybeans CBOT January 10.03  10 cents
Wheat CBOT March 4.25  10 cents
Wheat Minn. March 6.14  09 cents
Wheat Kansas March 4.23  06 cents
Chicago Oats March 2.48  15 cents
Canadian $ December 0.7835  0.50 points

Cash Grain prices as of the close, December 6, are as follows: SWW @ $178.23/MT ($4.85/bu), HRW @ $187.61/MT ($5.11/bu), HRS @ $238.74/MT ($6.50/bu), SRW @ $182.92/MT ($4.98/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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