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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 July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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