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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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Grain Market Commentary for November 15, 2017

Thursday, November 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.38  10 cents
Soybeans CBOT January 9.75  15 cents
Wheat CBOT December 4.20  02 cents
Wheat Minn. December 6.25  11 cents
Wheat Kansas December 4.18  02 cents
Chicago Oats December 2.69  02 cents
Canadian $ December 0.7835  0.60 points

Cash grain prices as of the close, November 15 are as follows: SWW @ $182.95/MT ($4.98/bu), HRW @ $192.33/MT ($5.23/bu), HRS @ $251.44/MT ($6.84/bu), SRW @ $187.64/MT ($5.11/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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