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March Classic Early Bird Winner

Press release

GUELPH, ON (February 6, 2018) – Grain Farmers of Ontario would like to congratulate Laurie Lassaline from Oil Springs, Ontario as the winner of January’s March Classic early bird draw! Laurie will be receiving a Good in Every Grain prize pack.

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Everyone who registers for the March Classic before the end of February, including those who registered in January, will be eligible to win a second early bird prize from Good in Every Grain.

The deadline for the second early bird draw to win a Good in Every Grain prize pack is February 28, 2018. The 2018 March Classic will be held on March 20 at the London Convention Centre in London, ON. For more information and to register, visit gfo.ca/marchclassic.

“This year the March Classic will focus on the theme ‘Leadership for Tomorrow.’ We have an outstanding line up of speakers to discuss perseverance in hardship, building communities, the ecological future of Canada and more,” said Victoria Berry, Manager, Communications at Grain Farmers of Ontario. “The March Classic brings together hundreds of farmer-members, agriculture industry leaders and our partners in the industry. We encourage attendees to take advantage of the early bird registration draw.”

To skip the line at the conference, pre-registered attendees will be able to pick-up their name badges and meal tickets on the 2nd floor at the DoubleTree by Hilton hotel Monday, March 19, from 7 p.m. - 9 p.m., sponsored by SGS Agriculture and Food.

For those looking for accommodations, a room block is available at the DoubleTree by Hilton hotel until February 18, 2018. Use code “GFI” to book under Grain Farmers of Ontario room block.

Call: Direct Line: 519-439-1661 or 1-800-HILTONS
Website: doubletree.hilton.com

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:

Victoria Berry, Manager, Communications - (226) 820-6641; vberry@gfo.ca

Crosby Devitt, Vice President, Strategic Development - (519) 835-2767; cdevitt@gfo.ca

Stay in touch

Register for the March Classic

March Classic logo

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

Register here


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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

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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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