Grain Farmers of Ontario annual harvest survey begins

GUELPH, ON (August 5, 2011) – Grain Farmers of Ontario is once again conducting the annual wheat harvest survey that will provide our buyers with qualitative data from the 2011 wheat harvest.  Results to date show good test weights and solid grade #2 wheat and milling and baking tests have begun on the first half of the crop.

For the Grain Farmers of Ontario, having the quality of wheat that buyers are looking for is essential to maintaining the domestic and international reputation of our wheat and the profitable success of our farmer members.  An annual survey allows for our customers to compare this year’s wheat quality to years past and adjust their grist to ensure a seamless transition between crop years.

“The result of the quality inspection is a snapshot of the quality of Ontario’s wheat that we make available to everyone in the industry,” says Mike Reimer Ontario Wheat Technologist with the Canadian International Grains Institute (CIGI).

The Harvest Survey is conducted each year at this time right across the province in order to understand the overall quality of the year’s Ontario wheat crop and identify points of regional differentiation. Harvest samples are collected from participating grain elevators and terminals throughout the harvest season. As grains are delivered, 1kg sample bags are taken and labeled with the variety of wheat and where it is grown then graded by the Canadian Grain Commission. The grain is then sent for milling followed by a flour quality inspection by the Canadian International Grains Institute in Winnipeg, MB.

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 March 7, 2018

Wednesday, March 07, 2018

Commodity Period Price Weekly Movement
Corn CBOT May 3.87 ↑ 13 cents
Soybeans CBOT May 10.65 ↑ 10 cents
Wheat CBOT May 4.97  02 cents
Wheat Minn. May 6.20 02 cents
Wheat Kansas May 5.34  12 cents
Chicago Oats May 2.64  06 cents
Canadian $ March 0.7731 ↓ 0.65 points

Cash Grain prices as of the close, March 7, are as follows: SWW @ $238.66 ($6.50/bu), HRW @ $233.91/MT ($6.37/bu), HRS @ $248.62/MT ($6.77/bu), SRW @ $231.54/MT ($6.30/bu).

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Market Trends Report for March-April 2018

Monday, March 12, 2018

March is often a time in the grain markets where we can see movement in the production area of South America, which can be impacted by weather events. The big US crop has long been put away and is slowly moving out to end-users across the greater hinterland. Problems in Argentina with severe drought conditions have dominated the landscape over the last 30 days as prices have gone up to become much more volatile based on this weather market. Increasingly so, farmers need to watch the weather maps of South America to get clues of production conditions in the southern hemisphere.

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The USDA is starting in on their projection season. On February 22nd during their Outlook forum predictions for 2018 corn and soybean acres came in equally at 90 million acres. So let the games begin. An even bigger USDA report will come March 29th when the USDA releases its prospective plantings report. Markets will be focused on that day to see if there are any surprises.

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