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Grain Farmers of Ontario congratulates Greenfield Specialty Alcohols on winning the 2013 Private Business Growth Award

GUELPH, ON (December 2, 2013) – GreenField was chosen from ten finalists from across the country from a jury panel of eight notable business and academic representatives, and was announced as the winner at the Private Business Growth Award Gala in the Ballroom of the Royal York Hotel in Toronto on November 19, 2013.

GreenField's accomplishments are a testament to how Ontario’s Renewable Fuels commitment has delivered to improve our environment while growing Ontario’s agri-economy.  Ontario’s ethanol mandate creates jobs, produces cleaner fuel for cars on the road and results in a predictable market for the corn grown by Grain Farmers of Ontario members.

“Ethanol is a clean, local fuel that provides a dependable market for Ontario grain farmers,” says Henry Van Ankum, Chair, Grain Farmers of Ontario. “Agriculture in Ontario is fortunate to have an innovative company like GreenField Specialty Alcohols that adds value to our farmer-members in Ontario and we congratulate them on winning this prestigious award.”

The annual award was presented for the first time this year and aims to recognize private Canadian businesses that successfully create growth beyond the top and bottom line through a wide range of activities. 

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 September 13, 2017

Wednesday, September 13, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.51  10 cents
Soybeans CBOT November 9.60  11 cents
Wheat CBOT December 4.43  03 cents
Wheat Minn. December 6.43  01 cents
Wheat Kansas December 4.44  05 cents
Chicago Oats December 2.38  05 cents
Canadian $ December 0.8196  0.15 points

Harvest 2017 prices as of the close, September 13 are as follows:
SWW @ $182.92/MT ($4.98/bu), HRW @ $185.15/MT ($5.04/bu),
HRS @ $238.95/MT ($6.50/bu), SRW @ $182.91/MT ($4.98/bu).

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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