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Deadline for letter of intent for CFCRA science cluster research partner upcoming

GUELPH, ON (October 22, 2012) – Grain Farmers of Ontario, as a member of the Canadian Field Crop Research Alliance (CFCRA), is encouraging submissions of a Letter of Intent from researchers across Canada to participate in a Science Cluster as a research partner.

Targeted for the recently announced 5 year policy framework Growing Forward II that will begin in March 2013, this Cluster proposal will advance breeding in six key Canadian field crops: Canada-wide soybean and grain corn, and eastern Canadian winter wheat, spring wheat, oat and barley.

“This cluster is an opportunity for GFO to pursue a continued funding partnership with Ag Canada that will advance crop genetics through breeding and variety development,” says Crosby Devitt, Research Manager with Grain Farmers of Ontario.  “It is important for our members that we continue to support the development of public breeding programs because they add significant value to our industry.”

In preparation for a Science Cluster in the next generation of research funding under the GFII framework, CFCRA is requesting Letters of Intent from researchers to gauge the interest and identify strategic research projects. Projects should have the goal of commercialized genetics through public varieties for farmers in Canada.

To submit a Letter of Intent, researchers can contact Josh Cowan at joshcowan@gfo.ca or 519 767-4129 to receive the application package. The deadline for submissions of Letters of Intent is October 31, 2012. 

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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