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Grain Farmers of Ontario March Classic speaker line-up

GUELPH, ON (January 18, 2012) – The 2012 March Classic speaker line-up has been announced by Grain Farmers of Ontario. Centering around the theme of Driving Ontario's Grain Industry to Global Leadership the speakers will provide insight to current and future agricultural opportunities.

The Honourable Ted McMeekin has been invited to open the day followed by John Phipps, host of the US Farm Report. To expose new trends in the industry, Jim Carroll, Agricultural Futurist, joins the conference and closing the morning is keynote speaker Andrew Coyne of The National Post, to share a political and economic perspective.

The afternoon launches into best management practices with Ontario-born David Chilton who will be available for book signing with his latest publication, The Wealthy Barber Returns, in the exhibit hall. A staple of the March Classic, Cal Whewell of FC Stone will provide a market outlook for 2012 and closing the day is Lyndon Carlson of Farm Credit Canada speaking about their campaign Agriculture, More than Ever.

A cocktail reception will be hosted in the exhibit hall and a banquet with entertainment by rural comedian, Derek Edwards, will end the evening.

Early bird registration is now open at www.gfo.ca/MarchClassic. Register before the end of January for a chance to win a bottle of Collingwood Whisky. 

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.

Contact:

Barry Senft, CEO - 1-800-265-0550; bsenft@gfo.ca

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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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