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Ontario soybean and corn trials available

GUELPH, ON (November 27, 2012) – The 2012 Ontario Hybrid Corn Performance Trials Report and 2012 Soybean Variety Trials Publication are now available. These reports contain yield data and production information and are helpful to farmers as they select seed for 2013.

The soybean trials are produced by the Ontario Oil and Protein Seed Crop Committee and the corn trials are produced by the Ontario Corn Committee – Grain Farmers of Ontario is a member of both committees. The trials were held at numerous locations across the province and the reports contain information on yield index, moisture, test weight, and charts depicting the performance relative to the average for their maturity.

“The online corn performance trials at www.gocorn.net offer a unique feature allowing users to sort the spreadsheet data by various parameters,” says Meghan Moran, Research Coordinator, Grain Farmers of Ontario. “This is a valuable tool for our members when selecting the best hybrid for their farm.”

The reports are available online at www.gfo.ca, www.gocorn.net, and www.gosoy.ca. To have a printed version of the reports mailed to you, call Grain Farmers of Ontario at 1-800-265-0550 or OMAFRA’s Agricultural Information Contact Centre at 1-877-424-1300 (email: ag.info.omafra@ontario.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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Weekly Commentary

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Grain Market Commentary for September 13, 2017

Wednesday, September 13, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.51  10 cents
Soybeans CBOT November 9.60  11 cents
Wheat CBOT December 4.43  03 cents
Wheat Minn. December 6.43  01 cents
Wheat Kansas December 4.44  05 cents
Chicago Oats December 2.38  05 cents
Canadian $ December 0.8196  0.15 points

Harvest 2017 prices as of the close, September 13 are as follows:
SWW @ $182.92/MT ($4.98/bu), HRW @ $185.15/MT ($5.04/bu),
HRS @ $238.95/MT ($6.50/bu), SRW @ $182.91/MT ($4.98/bu).

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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