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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 September 13, 2017

Wednesday, September 13, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.51  10 cents
Soybeans CBOT November 9.60  11 cents
Wheat CBOT December 4.43  03 cents
Wheat Minn. December 6.43  01 cents
Wheat Kansas December 4.44  05 cents
Chicago Oats December 2.38  05 cents
Canadian $ December 0.8196  0.15 points

Harvest 2017 prices as of the close, September 13 are as follows:
SWW @ $182.92/MT ($4.98/bu), HRW @ $185.15/MT ($5.04/bu),
HRS @ $238.95/MT ($6.50/bu), SRW @ $182.91/MT ($4.98/bu).

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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