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Grain Farmers of Ontario encouraged by PMRA consultation

GUELPH, ON (December 16, 2013) – Grain Farmers of Ontario responded to the Pest Management Regulatory Agency’s (PMRA’s) call for public input on its Notice of Intent regarding bees and neonicotinoid pesticides during the 90-day comment period made available to stakeholders, which closed last week.

A standardized letter was available for members to submit in response to the consultation.  Neonicotinoid seed treatment is an important tool to manage risk from insect damage for the farmer-members of Grain Farmers of Ontario. The letter requested policymakers to stay on course with a science-based regulatory process that will benefit all involved and highlighted the importance of treated seed to grain farmers across the province.

“We appreciate the chance to express our need for these products during the consultation period,” says Barry Senft, CEO of Grain Farmers of Ontario. “We hope to continue collaboration with all stakeholders to find a solution that works for both beekeepers and farmers. The consultation period allowed us to focus on the importance of sound science and our farmers’ need for technology. ”

The Grain Farmers of Ontario submission is available for viewing at www.gfo.ca. The consultation period for the Notice of Intent closed yesterday. Results will be made available on the Health Canada website. 

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 February 21, 2018

Wednesday, February 21, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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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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