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SellSmart for Android from Grain Farmers of Ontario

GUELPH, ON (March 20, 2012) – Grain Farmers of Ontario (GFO) has now released the Android version of SellSmart, its mobile application. The application, launched on BlackBerry® devices in December 2010 and iPhone and iPad in March 2011, provides local price information, head-to-head price comparisons, and price alerts.

SellSmart is a game-changer for Ontario’s grain farmers and with positive feedback and high uptake of the BlackBerry® and iPhone versions there was no doubt an Android version was needed.

“This application is changing the way farmers access information,” says Erin Fletcher, Manager of Public Affairs and Communications, Grain Farmers of Ontario. “The success of the BlackBerry®, iPhone and iPad versions drove demand for the Android version – and we are very excited to be meeting that demand now”.

SellSmart is a custom application designed to put local price information at farmers’ fingertips. The price data for corn, soybeans, and wheat is adjusted by Farm Market News and is provided on ten minute intervals. To streamline the data, the application is personalized by the user to only display their elevators and commodities of interest. The user is able to set a target price which they want to sell at for each crop and elevator and they are then notified by their device when the price is achieved.

SellSmart for Android can be downloaded, free of charge at www.gfo.ca/SellSmart. Questions can be directed to info@gfo.ca.

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 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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