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Grain Farmers of Ontario tractor cab telephone town hall a success

GUELPH, ON (June 3, 2014) – The first of three Tractor Cab Telephone Town Halls hosted by Grain Farmers of Ontario took place on Monday, June 2nd with Progressive Conservative member Ernie Hardeman.

Farmers called in to hear the Progressive Conservative Party’s thoughts on the Risk Management Program, a Soy Innovation Centre, Ontario specific research capacity, and the regulatory process for agricultural technologies. Grain Farmers of Ontario would like to thank Ernie Hardeman and the Ontario Progressive Conservative Party for participating in this important exercise.

“We’re hosting these Town Halls to help farmers get involved in the election process while working on their farms,” says Henry Van Ankum, Grain Farmers of Ontario Chair. “Everyone is focused on getting their crops in the ground after a tough winter and late, wet spring – we are pleased that many farmer-members were able to call-in to the first Town Hall.”

The next Tractor Cab Telephone Town Hall will take place on Friday, June 6th at 11:30am with Jeff Leal, Ontario Liberal Party Minister of Rural Affairs. The third Town Hall will take place on Monday, June 9th at 11:00am with New Democrat Party Agriculture Critic John Vanthof. The call-in number for both Town Halls is 1-888-886-7786. 

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 December 6, 2017

Wednesday, December 06, 2017

Commodity Period Price Weekly Movement
Corn CBOT March 3.52  01 cents
Soybeans CBOT January 10.03  10 cents
Wheat CBOT March 4.25  10 cents
Wheat Minn. March 6.14  09 cents
Wheat Kansas March 4.23  06 cents
Chicago Oats March 2.48  15 cents
Canadian $ December 0.7835  0.50 points

Cash Grain prices as of the close, December 6, are as follows: SWW @ $178.23/MT ($4.85/bu), HRW @ $187.61/MT ($5.11/bu), HRS @ $238.74/MT ($6.50/bu), SRW @ $182.92/MT ($4.98/bu).

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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