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Farmers encouraged to meet bee keepers

GUELPH, ON (May 1, 2014) – Grain Farmers of Ontario encourages all corn and soybean farmers to take the initiative to connect with their local bee keepers.

A new SmartPhone app, called BeConnected, will be piloted this season as a tool to make communication between farmers and bee keepers easier. This tool allows users to locate grain fields and bee hives within a defined radius of their GPS coordinates and quickly connect with those people.

“Whether to just make introductions, or to inform each other of activities planned on the land, the BeConnected app will be a great tool,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “As we pilot test the app this season, we encourage farmers to start the conversation with local beekeepers the old-fashioned way. Cooperating and sharing information at the local level is especially important this year.”

Improved communications between farmers and bee keepers was one of the 13 recommendations released by the Ontario Bee Health Working Group. Grain Farmers of Ontario has been actively working to address many of the recommendations put forward by the group and would like to remind members that much can, and must, be done on a farmer-by-farmer level.

“Reaching out to your neighbours who have bee hives is a simple thing to do and can garner great information as you prepare for planting,” continues Van Ankum. “Every farmer needs to do their part – from following the label instructions on the fluency agent to letting bee keepers know your intentions – it’s important to put forth extra effort in mitigating the risk to pollinators.”

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 August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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