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14 new elevators added to Grain Farmers of Ontario's SellSmart app

GUELPH, ON (December 9, 2011) – Elevators in 14 new locations across Ontario have been added to Grain Farmers of Ontario’s SellSmart app to make a total of 41 locations with pricing available through mobile devices.

SellSmart is a custom app for iPhone and BlackBerry users designed to put local price information at farmers’ fingertips. The price data for corn, soybeans and wheat from the Chicago Board of Trade is adjusted with basis information from local elevators across the province and provided on a 10 minute delay. 

With the 14 new elevator locations added to this app, more farmers can now find their local elevator information to view, compare and receive alerts on commodity prices. 

New locations include:

  1. Aylmer
  2. Ayr
  3. Beeton
  4. Chesterville
  5. Collingwood
  6. Grand Valley
  7. Guelph
  8. Meaford
  9. Mitchell
  10. Port Hope
  11. Sunderland
  12. Tavistock
  13. Woodstock
  14. Wyoming

In addition to these new locations, the app has also been updated to be compatible with new BB7 devices.

The SellSmart app is available for free in the BlackBerry App World and the Apple App Store.

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 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 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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