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Tractor cab telephone town hall June 2nd

GUELPH, ON (May 29, 2014) – Grain Farmers of Ontario will host its first Tractor Cab Telephone Town Hall this Monday, June 2nd, 11:00am – 11:45am with Ernie Hardeman, Progressive Conservative candidate.

Due to the late spring this year keeping farmers in the field and away from election activities and events, Grain Farmers of Ontario will be hosting a series of Tractor Cab Telephone Town Halls to facilitate dialogue between farmers and the election candidates. A second Telephone Town Hall is scheduled for June 6th, 11:30 am with Jeff Leal of the Liberal party, and additional Town Halls will be released as confirmed.

“Grain Farmers of Ontario has several questions prepared for each candidate during the Town Halls,” says Debra Conlon, Manager of Government Relations at Grain Farmers of Ontario. “Our questions surround the Risk Management Program, a Soy Innovation Centre, increased research capacity, and the regulatory process for agricultural technologies.”

Grain Farmers of Ontario encourages farmer members to join Monday’s conference call to discuss election priorities and to hear directly from Ernie Hardeman about the Progressive Conservative’s campaign. Hardeman is a well-known critic for Agriculture, Food, and Rural Affairs and MPP for Oxford County.

The dial-in number for the June 2nd call is 1-888-886-7786. All farmer members will receive a phone call this week to ensure they have the dial-in details. For more information, visit www.gfo.ca

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 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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