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March Classic 2013 - event of the year!

GUELPH, ON (March 22, 2013) – The Grain Farmers of Ontario 2013 March Classic is being coined “the event of the year”. With record attendance exceeding 625 farmers, an exhibit hall overflowing with 60 displays, and more than 20 conference sponsors, the March Classic has reached a new level of excellence.

Grain Farmers of Ontario recognizes and thanks the Honourable Kathleen Wynne, Premier of Ontario and Minister of Agriculture and Food, who greeted the audience at the closing reception.

“Grain Farmers of Ontario appreciates the genuine commitment the Minister expressed to the grain sector,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “Many of our farmer members were impressed to have personal conversations with her as she toured the room during the meal”.

The speaker line-up proved to be world-class with customized and insightful presentations from Evan Solomon, Cal Whewell and Elaine Froese. The day portion ended with crowd favorite, Ron MacLean, telling personal stories from 27 years in hockey and working with Don Cherry.

CBC’s The Debater’s closed the day with a live show hosted by Steve Patterson joined by comedians Big Daddy Tazz and Phil Hanley. This trio of comedians brought humour to Ontario grain farming and the audience left the event laughing. To hear about the event from Steve Patterson’s perspective, read his blog post at: http://growingruralconnections.wordpress.com/.

Grain Farmers of Ontario would like to thank all 20 sponsors and 60 exhibitors of the 2013 March Classic. Thanks to their commitment and financial support this annual event is able to operate at little cost to the farmer membership of Grain Farmers of Ontario.

To see first-hand the impact of the conference, search twitter hashtag #GFOClassic to review over 400 tweets from the event or visit www.gfo.ca/MarchClassic to watch video clips from the conference (additional clips coming shortly). 

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 December 6, 2017

Wednesday, December 06, 2017

Commodity Period Price Weekly Movement
Corn CBOT March 3.52  01 cents
Soybeans CBOT January 10.03  10 cents
Wheat CBOT March 4.25  10 cents
Wheat Minn. March 6.14  09 cents
Wheat Kansas March 4.23  06 cents
Chicago Oats March 2.48  15 cents
Canadian $ December 0.7835  0.50 points

Cash Grain prices as of the close, December 6, are as follows: SWW @ $178.23/MT ($4.85/bu), HRW @ $187.61/MT ($5.11/bu), HRS @ $238.74/MT ($6.50/bu), SRW @ $182.92/MT ($4.98/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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