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Simcoe North grain farmers want next MPP to be a champion of agriculture

GUELPH, ON (August 27, 2015) – Grain farmers in Simcoe North are seeking an agriculture champion in their next MPP, where a by-election will be held on September 3, 2015.

“Following Grain Farmers of Ontario’s difficult experience working with the current government on the restrictive neonicotinoid regulations that were imposed in early June, grain farmers need strong voices representing them, now more than ever,” says Mark Brock, Chair of Grain Farmers of Ontario.

“It is extremely important that the MPPs representing rural ridings are prepared to stand up for rural Ontario and the vibrant agricultural communities across the countryside,” says Brock.

Brock recently sent a letter to MPP candidates in Simcoe North to describe the challenges that Grain Farmers of Ontario faced relating to the treated seeds regulation that Environment Minister Glen Murray rushed through this spring, and to ask candidates to respond to the following question:

Will you, as the Member of Provincial Parliament for Simcoe North support a science-based approach and advocate for grain farmers in Ontario being able to access appropriate tools to manage their crops?

The timing of the province’s regulation has created a considerable amount of uncertainty for grain farmers and is expected cut corn and soybean farmer revenues by up to $600 million dollars across the province. The regulations will be challenged in court on September 28, 2015.

“Simcoe County has a diverse economy that includes a strong agricultural presence. It is our hope that those running to represent Simcoe North will commit to stand up for farmers in the county, particularly when in Toronto where agriculture seems to be under attack daily during the legislative session,” Brock added.

Grain Farmers of Ontario has asked MPP candidates to share their responses with the organization by August 31, 2015, following which Grain Farmers of Ontario will publicize the responses and share them with farmer-members in Simcoe North. 



Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, 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:

Mark Brock, Chair - 519-274-3297; cropper01@hotmail.com

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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