News

Practical and workable approach needed for pollinator health

GUELPH, ON (September 26, 2014) – Grain Farmers of Ontario is concerned with the direction of the Premier’s mandate letter to the Minister of Agriculture, specifically with respect to pollinator health and access to seed treatment.

“It’s critical that any action forward is made with a clear understanding of the realities of grain farming and careful consideration to the requirements of grain farmers,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “A misstep in the regulatory process, particularly at a time when crop prices are at a four year low, could mean the difference between profit and loss for countless grain farmers across the province.”

The mandate letter calls for an action plan for 2015 and further measures by 2016 to regulate the use of neonicotinoid pesticides. Grain Farmers of Ontario will continue to work with government to ensure a common sense approach is taken and looks forward to collaboration as the plan and measures are defined.

“Our members, and our industry as a whole, have demonstrated a strong commitment to the issue of pollinator health over the past two years,” says Van Ankum. “We know that our efforts to improve the situation are paying off with early indications from Health Canada reporting a decline in bee deaths over the past year.”

Grain Farmers of Ontario expects that any changes to regulations around the use of neonicotinoids will be guided by grain industry experts to ensure a practical and logical course of action is taken.

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 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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