News

Generations of farming at the 2013 March Classic

GUELPH, ON (February 28, 2013) – Grain Farmers of Ontario’s farmer panel will be a highlight of this year’s March Classic in London that will address the theme, Ontario’s Grain Industry: Generations of Success.

The farmer panel will discuss the topic: “what will farming look like in the future”. The goal of the panel is to give attendees of the March Classic a variety of perspectives from farmers at various life and business stages. Panelists will provide their personal insights into what their future success might look like and how they define success for the industry as a whole.

The panel will be moderated by Elaine Froese, who is the keynote speaker on succession planning prior to the panel that day. On the panel, Froese will be accompanied by young prospective famer Chris MacFarlane from District 10 who just completed the January 2013 Grains in Action program. Also to sit on the panel as an active farmer is Jeff Barlow of District 6, who is a 6th generation cash crop farmer from the Binbrook area. The third panel participant is Harry Buurma of District 3, who will represent the transitioned farmer. In addition to the three farmers, Chad Lins from MNP will present a macro perspective of the future based on the findings from Grain Farmers of Ontario’s recent Scenario Planning Survey and discussions that took place at the January district meetings across the province.

This 45 minute panel will answer a variety of questions posed by the audience as well as addressing a number of hot topics in agriculture that effect farmers today and in the future. Having three generations of farmers together answering the same questions at various stages in their farming careers should provide an interesting look at what the future of farming might hold.

To pre-register online for the Monday March 18th conference in London, Ontario at the London Convention Center, visit www.gfo.ca/marchclassic or call  the office at 1 800 265 0550. 

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

Stay in touch

Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

Read it now or download a .pdf.


Subscribe to the Bottom Line

Subscribe to The Bottom Line, the weekly newsletter that helps our members stay on top of all the news that affects their bottom line.

Read the latest issue (October 20, 2017)

Subscribe


Inside Grain Farmers of Ontario

New episodes every week.

Episode 61: Market Development, Grains Innovation Fund


Follow us

twitter   linkedin   youtube

Weekly Commentary

Get Aggregated RSS

Grain Market Commentary for October 18, 2017

Wednesday, October 18, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.48  01 cents
Soybeans CBOT November 9.84  08 cents
Wheat CBOT December 4.30  01 cents
Wheat Minn. December 6.10  02 cents
Wheat Kansas December 4.28  02 cents
Chicago Oats December 2.68  06 cents
Canadian $ December 0.8025  0.10 points

Harvest 2017 prices as of the close, October 18 are as follows: SWW @ $183.15/MT ($4.98/bu), HRW @ $192.30/MT ($5.23/bu), HRS @ $238.09/MT ($6.48/bu), SRW @ $187.72/MT ($5.11/bu).

Read more

Market Trends

Get Aggregated RSS

Market Trends Report for October-November 2017

Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

Listen to the podcast

USDA estimated soybean production to be at 4.431 billion bushels, which was a decrease from their September estimate. This was based on a .4 bushel/acre cut in US national yield down to 49.5 bushels per acre. However, the US soybean harvested acreage is at a record high of 89.5 million acres, which was up 1% from the USDA September estimate. The US domestic soybean ending stocks were also pegged at 430 million bushels, which was down 45 million bushels from their September estimate. This was generally looked at as bullish on report day and soybeans responded by going up $.26 a bushel. US domestic wheat stocks were set at 960 million bushels, which was 27 million bushels higher than their September estimate.

Read more

sustainability
mobile apps