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Grain Farmers of Ontario March Classic speaker line-up

GUELPH, ON (January 18, 2013) – The 2013 March Classic speaker line up has been announced by Grain Farmers of Ontario. Throughout the day, featured speakers will highlight this year’s theme, Ontario’s Grain Industry: Generations of Success.

The Honourable Ted McMeekin has been invited to give opening remarks on the day, followed by Evan Solomon, Canadian writer and host of CBC’s nightly series Power & Politics. Also as part of the morning program, Cal Whewell, Risk Management Consultant at FCStone will give a presentation on the Market Outlook for 2013.

The afternoon portion of the event will kick off with Elaine Froese, a skilled communicator, farm family member and an expert in helping family businesses talk about tough issues such as positive farm succession planning. As an added bonus, the first 100 pre-registered attendees will receive a copy of Froese’s e-book – Do the Tough Things Right… how to prevent communication disasters in family business. Her book has received rave reviews throughout the farming community for addressing the tough to talk about issues including succession planning.

To round out the afternoon, keynote speaker Ron MacLean, well known Canadian sportscaster and host of Hockey Night in Canada, will entertain all audiences with his presentation, Hockey and Humour. With the National Hockey League finally back on the ice, this presentation will be an event to remember!

An evening cocktail reception will be hosted in the exhibit hall and a banquet with entertainment provided by CBC’s The Debaters, will round out the conference. The Debaters is a popular comedy style Canadian radio show aired on CBC Radio Wednesdays and Saturdays, it can also be seen on CBC TV. Host Steve Paterson will moderate a comical debate between funny man and farmer Big Daddy Tazz of Winnipeg and an opposing city boy comic Phil Hanley.

Early bird registration is now open at www.gfo.ca/MarchClassic. Register before the end of January for a chance to win a Petro Canada Preferred Price Fuel Card to use at any Petro Canada location.

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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