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Ontario wheat quality scoop indicates protein levels up in 2013

GUELPH, ON (October 16, 2013) – The Results of the 2013 Ontario Wheat Quality Scoop Program are now available.

A joint effort between the Canadian Grain Commission and Grain Farmers of Ontario, with the cooperation of grain companies, the Quality Scoop Program provides wheat quality information to Ontario wheat producers, marketers and processors.

“The Ontario Wheat Quality Scoop Program provides timely and accurate information to the wheat industry within the province, and also to our global buyers, “says Todd Austin, Marketing Manager at Grain Farmers. “Ontario millers, bakers and food manufacturers rely on this information as a guide to the end use performance and functionality of the year’s crop.”

Representative samples are collected across the province as soon as the first wheat deliveries arrive at elevators and terminals. The samples are sent to the Canadian Grain Commission’s Grain Research Laboratory where they are combined by region, class and grade and are analyzed for parameters that reflect end-use quality and performance.

While Fusarium challenges were seen across the province, wheat graded 2 or higher saw exceptional quality results. Average protein levels for CESRW, CESWW and CEHRW were up almost a full percentage from 2012 averaging 9.5%, 9.9% and 11.1%. Falling numbers also remained strong across each class averaging 360 for CESRW, 370 for CESWW and 330 for CEHRW.

“These results are a direct indication of the work that farmers are doing on selecting varieties and management techniques that maximize quality and functionality” says Austin “Even in a year with as much variability as we had we still produced high quality wheat.”

 For the full 2013 report please visit http://www.gfo.ca/Production/QualityScoops

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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Commodity Period Price Weekly Movement
Corn CBOT March 3.65 ↑ 01 cents
Soybeans CBOT March 10.33 ↑ 14 cents
Wheat CBOT March 4.48 ↓ 06 cents
Wheat Minn. March 6.01 ↑ 01 cents
Wheat Kansas March 4.66 ↓ 09 cents
Chicago Oats March 2.59 ↓ 08 cents
Canadian $ March 0.7890 ↓ 1.03 points

Cash Grain prices as of the close, February 21, are as follows: SWW @ $205.96 ($5.61/bu), HRW @ $203.63/MT ($5.54/bu), HRS @ $231.13/MT ($6.29/bu), SRW @ $201.30/MT ($5.48/bu).

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Market Trends Report for February-March 2018

Monday, February 12, 2018

The winter season in North America is often one of hopes and dreams. With the January 2018 USDA report a month old the scope of the 2017 crop is now becoming a memory. Farmers have turned the page and will soon be planting corn in places like Texas. However, in the southern hemisphere corn and soybean crops are growing in the field and affecting prices every day. While the northern hemisphere freezes under the snow, weather in Argentina and Brazil has been defining the initial grain fundamentals for 2018.

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On February 8th, the USDA released its latest World Supply and Demand Estimates. (WASDE) The USDA lowered US corn ending stocks to 2.352 billion bushels down 125 million bushels from last month. This was totally related to an increase in US corn exports by the same amount. This was attributed to a weakened US dollar and reduction in both Argentinian and Ukrainian corn exports. Hot weather in Argentina had USDA lowering their corn production 2.8 MMT to 39 MMT. USDA maintained Brazil corn production of 95 MMT.

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