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Successful day for bees and agriculture

GUELPH, ON (September 2, 2014) – Grain Farmers of Ontario would like to congratulate the organizers of the Day for Bees and Agriculture on a successful event last week at Osprey Bluffs Honey Company in Grey Highlands, Ontario.

Beekeepers, farmers, and industry members attended to listen to presentations, network, and discuss the common issue of pollinator health.

“The Day for Bees and Agriculture was an excellent opportunity for stakeholders to come together to share their views and concerns,” says Henry Van Ankum, Chair, Grain Farmers of Ontario. “We commend the Independent Commercial Beekeepers Organization on the initiative to facilitate open dialogue among all stakeholders and we look forward to continue to work cooperatively in the future.”

The day featured speakers from a number of organizations including the Osprey Bluffs Honey Company, Ontario Ministry of Agriculture, Food, and Rural Affairs, Bayer CropScience, CropLife Canada, Syngenta, Canadian Seed Trade Association, and Alternative Land Use Services. The event was hosted by Grey Agricultural Services, Georgian Soil and Crop Improvement Association, and the Independent Commercial Beekeepers Organization.

“We were glad to be part of this day and to share information and ideas about honey bee health with our colleagues in Agriculture, says Hugh Simpson, Founding Member of the Independent Commercial Beekeepers Organization. Commercial beekeepers have much in common with farmers and we are committed to good communication, collaboration, and cooperation as keys for us to move forward together." 

Over 100 people attended the event. Grain Farmers of Ontario hopes this event sets the stage for many more opportunities for open communication among those involved in this important issue. 

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:

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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