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Grain Farmers of Ontario-Dupont Young Leader Program successful candidates chosen

GUELPH, ON (September 2, 2011) – Grain Farmers of Ontario has selected Dave Park and Christine Russell, from Lambton County, as the Canadian representatives for the 2012 American Soybean Association (ASA) and Dupont Young Leader Program.

This program offers an excellent opportunity to help train Ontario’s future farm leaders. Participants benefit from lessons in public speaking and exposure to other successful farm operations, while the greater agriculture sector will benefit from their personal enhancement.

Several applications were received, all were reviewed by committee and interviews were conducted with a short list of candidates. “We had a great group of applicants this year and were impressed to see such a keen interest from our younger members” says Barry Senft, CEO of Grain Farmers of Ontario. 

Dave and Christine farm near Sarnia with Dave’s father. They have approximately 10,500 acres of corn, soybeans, and wheat.  In addition to farming, they operate a seed business whereby they grow, process, package and store soybean seed. Avid innovators with an eye to the future, they have adopted robotics on their packaging line, creating a more ergonomic work environment, while increasing efficiencies and cutting down on labour costs. “They are ideal candidates for this program,” added Senft.

The 2012 class of Young Leaders will participate in a challenging and educational leadership experience beginning in November 2011 at the Pioneer headquarters in Johnston, Iowa, and then complete training in February 2012 in Nashville, Tennessee in conjunction with the annual Commodity Classic. 

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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Weekly Commentary

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Grain Market Commentary for August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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