News

2017 District Meeting Schedule Now Available

GUELPH, ON (October 20, 2016) – The 2017 District Meeting schedule is now available. Meetings will be held across the province from January 6 through January 20, 2017. For more information and the full schedule, visit the District Meetings page.

Date Time District Location Map
06/01/2017 9:00am 1 St. John's Parish Hall, County Road 46, Woodslee ON
17/01/2017 3:00pm 2 Country View Golf Course, 25393 St. Clair Road, Dover Centre ON
17/01/2017 4:00pm 3 Wyoming Fair Building, 595 Main Street, Wyoming, ON
16/01/2017 9:00am 4 Coldstream Community Centre,10227 Ilderton Road, Ilderton ON
18/01/2017 9:30am 5 Malahide Community Place, 12105 Whittaker Road, Springfield, ON
10/01/2017 9:30am 6 Kinsmen Hall, Caledonia Fairgrounds, 151 Caithness Street E, Caledonia ON
16/01/2017 9:30am 7 Sally Creek Golf and Bistro, 190 Fairway Road, Woodstock ON
12/01/2017 9:30am 8 Holmesville Community Centre, Community Centre Rd, Holmesville ON
11/01/2017 9:30am 9 Mitchell Golf and Country Club, 81 Frances Street, Mitchell, ON
20/01/2017 9:30am 10 Clifford Community Hall, 2 William Street, Clifford ON
09/01/2017 10:30am 11 St. John's United Church, 27 Yonge Street South, Elmvale, ON
10/01/2017 10:00am 12 The Best Western Plus, 930 Burnham Street, Cobourg, ON
11/01/2017 10:00am 13 The Elgin Lions Club, 19 Pineview Drive, Elgin ON
12/01/2017 9:30am 14 North Stormont Place, 16299 Fairview Drive, Avonmore ON
19/01/2017 9:30am 15 Earlton Arena, upstairs, Earlton, Ontario

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Episode 55: Market Development


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Weekly Commentary

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Grain Market Commentary for August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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