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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

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Leadership for Tomorrow: March 20, 2018, at the London Convention Centre.

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Episode 70: Member Relations

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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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