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Grain Farmers of Ontario sponsoring 2015 Nuffield Scholarship

GUELPH, ON (January 13, 2015) – Grain Farmers of Ontario will be sponsoring a 2015 Nuffield Scholarship to an Ontario grain farmer, or Ontario grain industry representative, to explore an area of study that will provide direct benefit to the grain industry.

Nuffield Canada Agricultural Scholarships aim to expand the horizons of participants through travel, study, and networks. Nuffield scholars travel internationally to gather information, build relationships, and learn best practices.

“We want to encourage people to apply for this Scholarship opportunity,” says Henry Van Ankum, Chair, Grain Farmers of Ontario. “Nuffield scholars return from their travels with a global vision, unbeatable networks, and new ideas. This enables them to be better farmers, business managers, and leaders and we feel it will also allow them to make a significant contribution to the future of Ontario agriculture.”

The successful candidate will receive $15,000. Projects require a minimum of ten weeks of international study, six of which need to be consecutive.  Projects must be completed within two years.

Interested applicants should be between 25 and 45 and have some management experience. Application deadline is April 30, 2015.

For more information or to apply visit www.nuffield.ca or contact Kelvin Meadows, Chair of Nuffield Canada at 306 694-5338 or shelley.kelvin@gmail.com.

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 February 7, 2018

Thursday, February 08, 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 3.61 ↑ 05 cents
Soybeans CBOT March 9.96 ↑ 04 cents
Wheat CBOT March 4.51 ↑ 18 cents
Wheat Minn. March 6.07 ↑ 01 cents
Wheat Kansas March 4.67 ↑ 35 cents
Chicago Oats March 2.65 ↓ 10 cents
Canadian $ March 0.8130 ↑ 0.23 points

Notice: The commentary for all commodities was written at 10 a.m. on February 8 before the release of the February United States Department of Agriculture (USDA) report.

Cash Grain prices as of the close, February 7, are as follows: SWW @ $210.13 ($5.72/bu), HRW @ $207.82/MT ($5.66/bu), HRS @ $233.89/MT ($6.37/bu), SRW @ $205.52/MT ($5.59/bu).

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Market Trends Report for February-March 2018

Monday, February 12, 2018

The winter season in North America is often one of hopes and dreams. With the January 2018 USDA report a month old the scope of the 2017 crop is now becoming a memory. Farmers have turned the page and will soon be planting corn in places like Texas. However, in the southern hemisphere corn and soybean crops are growing in the field and affecting prices every day. While the northern hemisphere freezes under the snow, weather in Argentina and Brazil has been defining the initial grain fundamentals for 2018.

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On February 8th, the USDA released its latest World Supply and Demand Estimates. (WASDE) The USDA lowered US corn ending stocks to 2.352 billion bushels down 125 million bushels from last month. This was totally related to an increase in US corn exports by the same amount. This was attributed to a weakened US dollar and reduction in both Argentinian and Ukrainian corn exports. Hot weather in Argentina had USDA lowering their corn production 2.8 MMT to 39 MMT. USDA maintained Brazil corn production of 95 MMT.

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