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Grain Farmers of Ontario launches new smartphone apps

GUELPH, ON (March 15, 2013) – Grain Farmers of Ontario is excited to unveil two new smart phone apps for BlackBerry and to give away a new BlackBerry Z10 at the fast-approaching March Classic.                                                        

The Grain Farmers of Ontario SellSmart app for smart phones was developed two years ago to provide cash bids for grain at basis points across the province at a farmer’s fingertips.  Now our members will be able to use their smart phones not only to view price information but to reach out to their local elevators to make the sale.

“We are continuously looking for ways to improve access to market information and efficiency for our members,” says Barry Senft, CEO of Grain Farmers of Ontario.  “These new apps will better connect farmers to their local elevators and input suppliers.”

Through a gateway icon on the BlackBerry home screen named FarmCentral, Grain Farmers of Ontario members will have access to our mobile website, the popular SellSmart app, and now the new app – AgBids. Provided through a partnership with AgNition, AgBids will allow a farmer to simultaneously request an actual grain bid from numerous buyers on their BlackBerry.

There is also additional functionality that has been built into the AgBids app – the opportunity for farmers to request a price for fertilizer.  This aspect of the app will allow farmers to find a competitive local price for their fertilizer needs by enabling them to send multiple requests for pricing to their local fertilizer dealers.

Attendees to the March Classic can visit the Grain Farmers of Ontario booth to learn more about our new apps.  There will be ballots at the booth for farmers to enter to win the new BlackBerry Z10 with the FarmCentral gateway and suite of apps pre-installed.

For more information about the March Classic, visit www.gfo.ca/MarchClassic.

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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