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Discover the Good in Every Grain

Commodity association, Grain Farmers of Ontario launches new campaign: Good in Every Grain

GUELPH, ON (June 2, 2014) – Grain Farmers of Ontario is proud to announce its new campaign – Good in Every Grain.

“The Good in Every Grain campaign aims to connect with both rural and urban people,” says Barry Senft, CEO of Grain Farmers of Ontario. “Good in Every Grain speaks to the good values farmers represent, the good work they do for the environment and their communities, and the good quality grain crops they grow. Beyond the farm gate, Good in Every Grain is about the good products created with corn, soybeans, and wheat, and the good contribution the grain industry makes to Ontario’s economy.”

Corn, soybeans, and wheat combined contribute $9 billion in economic input, employ 40,000 people and cover over five million acres of farm land across Ontario. These grains have roots in our backyard; however, as more complex commodities the various uses of commercial grains are often unknown. The Good in Every Grain campaign is here to tell the story of these vital grains and the 28,000 Ontario farmers who grow them.

The Good in Every Grain campaign, featured in the June/July issue of the Ontario Grain Farmer magazine, was created by Grain Farmers of Ontario as a badge of pride for its members and an education and two-way communication tool for the public. 

“Whether in our food, fuel, or furniture, every grain brings a natural and sustainable solution to our everyday lives,” says Senft. “From the farmers in the fields to the wholesome food on tables across Ontario, there truly is Good in Every Grain.”

To learn more about Good in Every Grain:

Meet us at the Grain Discovery Zone, an interactive and educational trailer exhibit touring fairs across Ontario throughout the summer.  Visit the fair and event listing here at gfo.ca to find the Grain Discovery Zone near you.

Good in Every Grain builds on the popular Farmers Feed Cities campaign, replacing it with a focus more in line with its founding organization, Grain Farmers of Ontario.

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 18, 2017

Wednesday, October 18, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.48  01 cents
Soybeans CBOT November 9.84  08 cents
Wheat CBOT December 4.30  01 cents
Wheat Minn. December 6.10  02 cents
Wheat Kansas December 4.28  02 cents
Chicago Oats December 2.68  06 cents
Canadian $ December 0.8025  0.10 points

Harvest 2017 prices as of the close, October 18 are as follows: SWW @ $183.15/MT ($4.98/bu), HRW @ $192.30/MT ($5.23/bu), HRS @ $238.09/MT ($6.48/bu), SRW @ $187.72/MT ($5.11/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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