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Grain Farmers of Ontario 2015 March Classic registration now open for Tuesday, March 24th

GUELPH, ON (January 20, 2015) – Grain Farmers of Ontario is pleased to announce that registration is now open for the March Classic, Ontario’s annual grain conference for farmers and industry, being held Tuesday, March 24th, 2015.

“The theme of this year’s conference is Ontario Grains: Growing Stronger Together and emphasizes the importance of working cooperatively across the agriculture sector and the value of communicating openly with the non-farming public,” says Meghan Burke, Communications Manager, Grain Farmers of Ontario.

Keynote speakers include the Rt. Hon. Joe Clark, P.C., C.C., and John Stackhouse, former Editor-in-Chief of the Globe and Mail. The day will also include Dr. Joe Schwarcz, Director of McGill University’s Office for Science & Society, well known for his informative and entertaining lectures discussing Agricultural Myths and Facts and Dr. Julie Miller Jones, Professor of Nutrition at the College of St. Catherine in St. Paul who will tackle the topic Grains and Health: Facts and Fables. The evening banquet will feature Greg Peterson, of the Peterson Farm Bros, famous for their parody music videos.

“This year’s speaker line-up is intended to educate, uplift, and motivate Ontario’s grain sector,” says Burke. “We have a lot to be proud of in this industry and we look forward to gathering on March 24th”.

The 2015 conference will be held Tuesday, March 24th at the London Convention Centre. Registration is now open at www.gfo.ca/MarchClassic. Those who register by January 31st will be entered to win a Good in Every Grain gift pack.

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 September 13, 2017

Wednesday, September 13, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.51  10 cents
Soybeans CBOT November 9.60  11 cents
Wheat CBOT December 4.43  03 cents
Wheat Minn. December 6.43  01 cents
Wheat Kansas December 4.44  05 cents
Chicago Oats December 2.38  05 cents
Canadian $ December 0.8196  0.15 points

Harvest 2017 prices as of the close, September 13 are as follows:
SWW @ $182.92/MT ($4.98/bu), HRW @ $185.15/MT ($5.04/bu),
HRS @ $238.95/MT ($6.50/bu), SRW @ $182.91/MT ($4.98/bu).

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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