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GRAIN FARMERS OF ONTARIO AND SGS CANADA INC. ANNOUNCE ONTARIO GRAINS LAB COMMERCIAL MANAGER – CEREAL

GUELPH, ON (May 24, 2016) – Grain Farmers of Ontario and SGS Canada Inc. are pleased to announce that Paolo Santangelo has joined the Ontario Grains Lab as Commercial Manager – Cereal.

Santangelo will lead the Ontario Grains Lab in its development as a leading analytical testing facility in Canada. The position will focus on working with Ontario and Canadian cereal crops to improve value-added usage within domestic and export markets. The position will also act as a technical support liaison with North American millers and customers. Santangelo will begin this role on June 6th, 2016.

“We are delighted to have Paolo join the Ontario Grains Lab,” says Barry Senft, CEO of Grain Farmers of Ontario. “He has a wide range of valuable experience that will help position Ontario as a leader in supplying high quality cereal products to both domestic and export markets.”

Santangelo brings more than 12 years of experience in the manufacturing of food ingredients, including most recently with Rogers Foods Ltd. serving as Director of Quality and Technical Sales. He holds a BSc. in Biological Sciences from the University of Lethbridge; a diploma in Pure and Applied Science from John Abbott College; a diploma of Practical Milling from the Association of Operative Millers and is a certified baker through the American Institute of Baking.

“We are very fortunate to have someone of Santangelo’s calibre joining the Ontario Grains Lab,” says Don Slobodzian, Vice President Agriculture and Food, SGS Canada. “Through his guidance and leadership, the Ontario Grains Lab will open a whole new business segment in the Canadian market for SGS Canada, driving the grain sector forward in Ontario and across Canada.”

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 over 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.

Ontario Grains Lab

The Ontario Grains Lab is a joint venture between Grain Farmers of Ontario and SGS Canada Inc. that will see the development of a full analytical testing facility for cereal crops. Located in Guelph, Ontario the lab will offer a full suite of tests including rheological testing, physical dough and bake testing, protein levels and more. The lab will be dedicated to Ontario cereal crops but will also offer full commercial services for Ontario, Canadian and North American millers and processors.

SGS Canada

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 85,000 employees, SGS operates a network of over 1,800 offices and laboratories around the world. SGS Canada Inc. is part of this global network, operating in nine business lines with a team of 2000 in 70 locations across the country.

Contact:

Fulvio Martinez, Media Relations Manager, SGS Canada Inc. – 647-929-0411; Fulvio.Martinez@sgs.com

Nicole Mackellar, Manager, Market Development, Grain Farmers of Ontario – 519-767-4124; nmackellar@gfo.ca

Barry Senft, CEO, Grain Farmers of Ontario – 1-800 265-0550; bsenft@gfo.ca

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Grain Market Commentary for July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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