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Chris Hadfield to be keynote at 2014 Grain Farmers of Ontario March Classic

Conference to be ‘out of this world’

GUELPH, ON (July 8, 2013) – Grain Farmers of Ontario is proud to announce Chris Hadfield as keynote speaker for the 2014 March Classic Conference.

Astronaut Chris Hadfield, commander of the International Space Station, has become known and loved by many Ontario families after his most recent five-month tour in space. Hadfield, was born and raised on a grain farm in Sarnia Ontario, and became interested in space at a young age after watching the Apollo moon landing on television.

“Grain Farmers of Ontario looks forward to hearing about Chris Hadfield’s farming roots and unique career path,” says Barry Senft, CEO of Grain Farmers of Ontario. “He has made Canadian history and we are excited and proud to announce that he will be our keynote speaker for the 2014 March Classic.”

Hadfield brought excitement to the Canadian space program and science through his interactions from the space station to Earth during his 2013 expedition. He used Skype to talk with students about what it takes to be an astronaut, made videos showing how everyday tasks can be performed without gravity, and shared photos from space with more than one million Twitter followers. One of his most popular social media activities is the YouTube video of himself performing David Bowie’s Space Oddity on the space station: http://www.youtube.com/watch?v=KaOC9danxNo.

The March Classic is the largest grain-focused conference in Eastern Canada drawing over 600 attendees from farms across Ontario. This year the conference will be held Monday March 17, 2014 at the London Convention Centre. Stay tuned for more announcements as planning is well underway for an “out of this world” conference!

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 January 17, 2018

Wednesday, January 17, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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Commodity Period Price Weekly Movement
Corn CBOT March 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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