News

New professorship in wheat breeding filled

GUELPH, ON (April 14, 2014) – Grain Farmers of Ontario is pleased to announce the new Professorship in Wheat Breeding has been filled by Dr. Ali Navabi.

Dr. Navabi joins the University of Guelph from Agriculture and Agri-Food Canada (AAFC) where he has been acting as a bean breeder in the AAFC/University of Guelph Bean Breeding Program since 2008.

“We are proud to see this initiative come to fruition through the public/private partnership between Grain Farmers of Ontario, SeCan, and the University of Guelph,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “Dr. Navabi brings extensive experience in plant breeding and genetics, including 15 years of wheat breeding.”

Dr. Navabi has contributed to graduate teaching and has been an active advisor of graduate students at the University of Guelph. As well, he is currently the editor of the Canadian Journal of Plant Science.

“I am very excited and believe that this partnership is providing great opportunities for Ontario wheat, as an integral part of the cropping system,” says Navabi. “I am looking forward to working very closely with the Grain Farmers of Ontario, SeCan, and other public and private stakeholders in establishing a University-based Wheat Breeding Program to support sustainable and profitable wheat production in Ontario and to train highly qualified new generation plant breeders.”

Dr. Navabi will start this new position on May 1, 2014. His research will focus on creating novel wheat varieties with enhanced productivity, disease resistance, pest resistance, and enhanced utility in crop rotation systems.

“Grain Farmers of Ontario will continue to support this role and looks forward to working with Dr. Navabi, particularly in the area of winter wheat breeding,” says Van Ankum. “The outcomes of his work will have direct benefit to our farmer members.”

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

Henry Van Ankum, Chair - 519-835-4200; henryvanankum@sympatico.ca

Meghan Burke, Communications – 519 767-2773; mburke@gfo.ca

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Grain Market Commentary for October 12, 2017

Thursday, October 12, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.49  06 cents
Soybeans CBOT November 9.92  34 cents
Wheat CBOT December 4.30  12 cents
Wheat Minn. December 6.12  02 cents
Wheat Kansas December 4.26  10 cents
Chicago Oats December 2.62  16 cents
Canadian $ December 0.8030  0.15 points

Harvest 2017 prices as of the close, October 12 are as follows: SWW @ $183.52/MT ($4.99/bu), HRW @ $192.67/MT ($5.24/bu), HRS @ $238.89/MT ($6.50/bu), SRW @ $188.09/MT ($5.12/bu).

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Market Trends Report for October-November 2017

Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

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USDA estimated soybean production to be at 4.431 billion bushels, which was a decrease from their September estimate. This was based on a .4 bushel/acre cut in US national yield down to 49.5 bushels per acre. However, the US soybean harvested acreage is at a record high of 89.5 million acres, which was up 1% from the USDA September estimate. The US domestic soybean ending stocks were also pegged at 430 million bushels, which was down 45 million bushels from their September estimate. This was generally looked at as bullish on report day and soybeans responded by going up $.26 a bushel. US domestic wheat stocks were set at 960 million bushels, which was 27 million bushels higher than their September estimate.

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