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Grain Farmers of Ontario: officially Ontario's new marketing board

Guelph, OntarioOntario’s corn, soybean and wheat farmers will have a strong and unified voice in the province beginning January 1, 2010 with the inauguration of Grain Farmers of Ontario.

An interim board of directors will be appointed by the province to oversee the GFO’s operations until the completion of regional elections in early February.  The elected board of directors for Grain Farmers of Ontario will be in place by early March 2010 and will focus initially on policy development and business planning.

“GFO will ensure our members have a strong voice on provincial and national issues as well as offering programs and services that add value to their businesses,” says Barry Senft, CEO of Grain Farmers of Ontario.  

GFO will build upon the strength of our farmer members and our heritage organizations to take a leadership role in marketing, market development and advocacy.  The new organization will work with farmers to get the most out of their high quality crops through innovative research and policy development.

For GFO to be successful right out of the gate, it is important for all members to shape and direct the organization by participating in the upcoming January meetings and elections.  There will be an opportunity for dialogue with executive staff and to elect the political leaders of GFO at these meetings to ensure the organization is built from the ground up.  Check the website at www.gfo.ca or the Ontario Grain Farmer magazine for regional meeting dates.

This merger of Ontario’s corn, soybean and wheat organizations will position GFO as the largest provincial commodity board representing 28,000 farmers and five million acres of farmland that generate $2.2 billion in farm gate receipts, over $9 billion in economic output and 40,000 jobs.

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Grain Market Commentary for June 21, 2017

Wednesday, June 21, 2017

June 21, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.69  08 cents
Soybeans CBOT July 9.19  13 cents
Wheat CBOT July 4.65  22 cents
Wheat Minn. July 6.49  22 cents
Wheat Kansas July 4.68  11 cents
Chicago Oats July 2.59  04 cents
Canadian $ September 0.7525  0.25 points

Harvest 2017 prices as of the close, June 21 are as follows:

SWW @ $219.48/MT ($5.97/bu), HRW @ $217.05/MT ($5.91/bu),
HRS @ $267.34/MT ($7.28/bu), SRW @ $217.05/MT ($5.91/bu)

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Market Trends Report for June-July 2017

Monday, June 12, 2017

It is a critical time of the year for grain markets. Across the US corn belt as well as Ontario, farmers have been planting since mid April. It continues. As of May 28th 91% of US corn has been planted and 67% of US soybeans. There are wide variations on this theme as the Eastern and Southern corn belt has seen more of its share of wet weather causing many planting delays. As we move into late June it is a time where the US crop is setting up to be made and marketing decisions for that crop are accentuated by market volatility. The June 9th USDA report gave us another indication of the supply of grain in the US and around the world.

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