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New legislation to increase plant breeder's rights

GUELPH, ON (December 16, 2013) – A new Act has been introduced to improve Plant Breeders’ Rights in Canada.

Bill C-18, the Canadian Agricultural Growth Act, has been presented and given first reading in the House of Commons. The bill contains amendments to 8 difference pieces of legislation, including updates to Canada’s Plant Breeders’ Rights Act which will modernize the Act and harmonize it with the 1991 convention of the International Union for the Protection of New Plant Varieties (UPOV ’91).

The new act will give both public and private sector plant breeders the ability and confidence to continue to develop new seed varieties needed to improve yields and keep Canada competitive on the world market. The act will also encourage new product development and research.

“Our farmer-members need access to the best hybrids and seed varieties to continue to meet the changing demands of consumers,” says Henry Van Ankum, Chair at Grain Farmers of Ontario. “The new act will safeguard plant breeders’ work on developing new seeds needed to meet these demands and will encourage further research.”

UPOV ’91 also contains a clause which will allow farmers to save their own seed for their own farm operation when the variety is not covered by contract law.

The legislation was introduced by Canadian Minister of Agriculture and Agri-Food Gerry Ritz yesterday. According to Minister Ritz, the new bill will “deliver new tools and better services to help Canada’s farmers grow their businesses, and is designed to make it easier for industry to meet government requirements while also reducing administrative costs and improving program delivery efficiencies.”

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 January 17, 2018

Wednesday, January 17, 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 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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