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Grain Farmers of Ontario joins the Healthy Grains Institute

GUELPH, ON (August 27, 2013) – Grain Farmers of Ontario is proud to announce that it is now a member of the Healthy Grains Institute as a means of expanding our engagement in promoting the nutritional benefits of Canadian grains.

The Healthy Grains Institute was launched in 2012 as an authoritative group of leading scientists and health practitioners committed to providing science-based information to Canadians about the benefits of whole grains.

“The objective of the institute aligns with our market access initiatives by tackling the misconceptions about grain-based foods in a scientific fashion,” says Nicole Mackellar, Market Development at Grain Farmers of Ontario. “Working with scientific advisors and registered dieticians across Canada gives us unprecedented insight to the perceptions of grains, while also understanding the nutritional benefits.”

The Institute has determined many areas where public perception and scientific information diverge. Continuing to investigate and monitor these misconceptions is critical to understanding market challenges and opportunities.

“It’s very important that consumers get the facts, not the myths, about the important role of whole grains and a balanced diet in promoting good health. The Healthy Grains Institute, driven by Canadian leaders in the field of crop genetics, health and nutrition, is taking a strong role in reaching consumers with the truth about grains,” according to Lynda Kuhn, Chair, Healthy Grains Institute.  

“We are looking forward to working with the other members of the Healthy Grains Institute, including associations, industry, and the scientific community, to ensure a strong future for Ontario grains,” says Mackellar. 

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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