News

Grain Farmers of Ontario announces chair of the board

GUELPH, ON (February 10, 2015) – Grain Farmers of Ontario is pleased to announce Mark Brock as new Chair of the Board, effective today, February 10th, 2015.

Mark Brock is Grain Farmers of Ontario’s Director for District 9 and has held the position of Vice Chair of the Board since 2012. Brock has also sat on several committees for Grain Farmers of Ontario and is well prepared for the role of Chair.

Grain Farmers of Ontario would like to thank Henry Van Ankum of District 10 for his dedication as the Chair of Grain Farmers of Ontario since 2012. Van Ankum has been an integral part of the Grain Farmers of Ontario organization while completing the maximum Chair term of 3 years. Over that time, Van Ankum has been an important voice for grain farmers across the province and has been actively involved in numerous issues including the risk management program, plant breeders rights, and pollinator protection.

Elections were also held today for the Executive Committee. Grain Farmers of Ontario’s Vice Chairs are Mark Huston, Director for District 2, and Markus Haerle, Director for District 14. Scott Persall of District 5 will hold the position of Executive Member. 

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

Stay in touch

Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

Read it now or download a .pdf.


Subscribe to the Bottom Line

Subscribe to The Bottom Line, the weekly newsletter that helps our members stay on top of all the news that affects their bottom line.

Read the latest issue (October 20, 2017)

Subscribe


Inside Grain Farmers of Ontario

New episodes every week.

Episode 61: Market Development, Grains Innovation Fund


Follow us

twitter   linkedin   youtube

Weekly Commentary

Get Aggregated RSS

Grain Market Commentary for October 18, 2017

Wednesday, October 18, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.48  01 cents
Soybeans CBOT November 9.84  08 cents
Wheat CBOT December 4.30  01 cents
Wheat Minn. December 6.10  02 cents
Wheat Kansas December 4.28  02 cents
Chicago Oats December 2.68  06 cents
Canadian $ December 0.8025  0.10 points

Harvest 2017 prices as of the close, October 18 are as follows: SWW @ $183.15/MT ($4.98/bu), HRW @ $192.30/MT ($5.23/bu), HRS @ $238.09/MT ($6.48/bu), SRW @ $187.72/MT ($5.11/bu).

Read more

Market Trends

Get Aggregated RSS

Market Trends Report for October-November 2017

Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

Listen to the podcast

USDA estimated soybean production to be at 4.431 billion bushels, which was a decrease from their September estimate. This was based on a .4 bushel/acre cut in US national yield down to 49.5 bushels per acre. However, the US soybean harvested acreage is at a record high of 89.5 million acres, which was up 1% from the USDA September estimate. The US domestic soybean ending stocks were also pegged at 430 million bushels, which was down 45 million bushels from their September estimate. This was generally looked at as bullish on report day and soybeans responded by going up $.26 a bushel. US domestic wheat stocks were set at 960 million bushels, which was 27 million bushels higher than their September estimate.

Read more

sustainability
mobile apps