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New app from Grain Farmers of Ontario

GUELPH, ON (November 28, 2013) – Ontario Grain Farmer, the monthly magazine from Grain Farmers of Ontario, is now available for tablets through a new app.

The Ontario Grain Farmer app will allow users to read the current issue of the magazine, access related videos, and reference articles from previous issues. New issues of the magazine will be loaded onto the app automatically at the beginning of each month to keep readers updated.

“This new app is a great way to read the magazine and access interactive content,” says Rachel Telford, Editor of Ontario Grain Farmer. “We recognize the trend towards mobile technology and want to ensure we are meeting the needs of our farmer-members.”

Readers can also bookmark and share their favourite articles through email and Twitter directly from the app. “We look forward to the increased interaction this will promote between farmers,” says Telford. “We know they already like to save and share articles by passing around the printed magazine. Using the mobile app will make sharing even easier.”

All farmer-members will continue to receive the magazine in the mail. The free app is available for download for Android and Apple tablets from www.ontariograinfarmer.ca or from the iTunes store. 

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 November 15, 2017

Thursday, November 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.38  10 cents
Soybeans CBOT January 9.75  15 cents
Wheat CBOT December 4.20  02 cents
Wheat Minn. December 6.25  11 cents
Wheat Kansas December 4.18  02 cents
Chicago Oats December 2.69  02 cents
Canadian $ December 0.7835  0.60 points

Cash grain prices as of the close, November 15 are as follows: SWW @ $182.95/MT ($4.98/bu), HRW @ $192.33/MT ($5.23/bu), HRS @ $251.44/MT ($6.84/bu), SRW @ $187.64/MT ($5.11/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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