News

March Classic registration now open

GUELPH, ON (January 4, 2016) – Registration is now open for the March Classic, Grain Farmers of Ontario's annual conference for farmers and industry, being held Tuesday, March 22nd, 2016.

"Delving into the new reality of social license and the power of public perception, the theme of this year's conference is Cultivating Consumer Relationships," says Meghan Burke, Communications Manager, Grain Farmers of Ontario. "The conference will explore issues that affect agriculture's ability to operate, from politics to demographic trends to misconceptions and the importance of messaging and marketing."

Keynote speakers include Manjit Minhas, the newest "dragon" on CBC's Dragons Den and The Honourable Jean Charest, one of Canada's best known political figures as past premier of Quebec and former Deputy Prime Minister. The conference also proudly presents the Scibabe (Yvette d'Entremont), who is on a mission to teach people how to recognize the hallmarks of good science, and Andrew Ramlo, a prominent demographer with expertise in market trends. Closing the conference, the evening banquet will feature Dan Dunn's Paintjam where three pieces of artwork created at this year's March Classic will be available for auction.

"We are pleased to present this year's speaker line-up, with the help of our sponsors and exhibitors," says Burke. "The exhibit hall will feature many of our industry partners, with over 60 exhibitors on-site showcasing innovative new displays to wow the crowd."

The 2016 conference will be held at the London Convention Centre, London, Ontario. Registration is now open at www.gfo.ca/MarchClassic. Those who register by Jan 31st will be entered to win one of two Good in Every Grain jackets.

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:

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