News

Research priorities and call for proposals

GUELPH, ON (October 15, 2014) – Grain Farmers of Ontario has finalized its research priorities for the coming year and is now welcoming proposals for research conducted in corn, soybeans, or wheat for funding in 2015.

“Our research priorities are updated annually with input from Grain Farmers of Ontario delegates and farmer-members, certified crop advisors, researchers, and extension specialists,” says Crosby Devitt, VP of Strategic Development for Grain Farmers of Ontario. “These priorities provide direction to researchers seeking funding and are a reference for other groups to review the research needs of our farmer members.”

Grain Farmers of Ontario funds research projects in four key areas: Agronomy and Production, Pests (Weed, Disease and Insect), Breeding and Genetics, and Crop Quality and Utilization. Based on this year’s research priorities, funding will target the areas of Soil Health, Insects and Diseases, and Crop Quality and Utilization.

“We look forward to expanding our research in these target areas, but always welcome all relevant proposals for review by our committee and directors,” says Devitt.

Researchers seeking funding in 2015 should go to http://www.gfo.ca/Research to review the research priorities and evaluation criteria and to download proposal and budget templates. Proposals must be submitted by Friday, December 5, 2014 at 4:00 pm. All proposals will be reviewed by the Grain Farmers of Ontario Research Committee and Board of Directors. It is expected that researchers will be notified of the funding decisions in mid-February, 2015. 

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:

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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