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GRAIN FARMERS OF ONTARIO AND SGS CANADA INC. ANNOUNCE THE GRAND OPENING OF THE GRAINS ANALYTICAL TESTING LABORATORY

GUELPH, ON (July 11, 2016) – Grain Farmers of Ontario and SGS Canada Inc. unveiled the Grains Analytical Testing Laboratory during a ribbon cutting ceremony on Monday, July 11. Grain industry professionals from across Ontario were in attendance to mark the historic occasion.

"This grand opening is the first time a producer organization and a private company joined to open a lab of this nature in Canada," says Barry Senft, CEO of Grain Farmers of Ontario. "We are pleased to work with SGS Canada on this initiative and look forward to the value-added opportunities it will bring Ontario farmers through a better understanding of Ontario cereal crops."

SGS Canada and Grain Farmers of Ontario representatives outlined the lab is a historic joint venture as the first private commercial grains and analytical testing facility for cereal crops in Canada. The laboratory will better position Canadian farmers in both domestic and export markets, and will grow to include corn and soybeans in the future. Data gained will be used by Grain Farmers of Ontario to conduct their annual Ontario Wheat Quality scoop, in addition to other market development and research projects.

"This lab is our way to help this industry be more competitive, better informed and more innovative," says Don Slobodzian, Vice President Agriculture and Food, SGS Canada. "It is a welcome addition to our Agriculture Testing Facility, which already performs soil and feed testing, as well as greenhouse analytical services."

Located at SGS’s testing facility in Guelph, Ont. the Grains Analytical Testing Laboratory offers a full suite of tests including rheological testing, physical dough and bake testing, protein levels and more. The lab will also offer commercial services for Ontario, Canadian and North American millers and processors.

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.

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 -  1-800-265-0550; bsenft@gfo.ca

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Grain Market Commentary for September 20, 2017

Wednesday, September 20, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.50  01 cents
Soybeans CBOT November 9.70  11 cents
Wheat CBOT December 4.50  07 cents
Wheat Minn. December 6.22  12 cents
Wheat Kansas December 4.48  05 cents
Chicago Oats December 2.46  08 cents
Canadian $ December 0.8115  0.75 points

Harvest 2017 prices as of the close, September 20 are as follows:
SWW @ $190.53/MT ($5.19/bu), HRW @ $199.60/MT ($5.43/bu),
HRS @ $241.11/MT ($6.56/bu), SRW @ $195.06/MT ($5.31/bu).

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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