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Request for appeal on seed treatment regulations heard

GUELPH, ON (March 9, 2016) – A panel of judges has reserved their decision on the Grain Farmers of Ontario’s request for appeal on the dismissal of the case surrounding the Ontario government’s seed treatment regulations.

"We appreciate that the court is taking the time to consider the significance of this issue," says Mark Brock, Chair of Grain Farmers of Ontario. "We are pleased with today’s outcome and look forward to the decision."

The case was heard by a panel of judges, comprised of Justice Laskin, Justice Cronk, and Justice Miller. The panel reserved their decision at this time on whether the case, which includes a request for a stay on the regulations and interpretation of the regulations, will be heard.

Two hundred grain farmers filled the courthouse today, showing support for the case and concern over the outcome. Farmers arrived from across Ontario on five buses, as well as by car and train.

"We would like to sincerely thank our farmer-members for their demonstration of support — we are all well aware of the serious impact of these regulations," says Brock. "We will share further details, as soon as they become available, with our membership."

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 December 6, 2017

Wednesday, December 06, 2017

Commodity Period Price Weekly Movement
Corn CBOT March 3.52  01 cents
Soybeans CBOT January 10.03  10 cents
Wheat CBOT March 4.25  10 cents
Wheat Minn. March 6.14  09 cents
Wheat Kansas March 4.23  06 cents
Chicago Oats March 2.48  15 cents
Canadian $ December 0.7835  0.50 points

Cash Grain prices as of the close, December 6, are as follows: SWW @ $178.23/MT ($4.85/bu), HRW @ $187.61/MT ($5.11/bu), HRS @ $238.74/MT ($6.50/bu), SRW @ $182.92/MT ($4.98/bu).

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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