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Grain Farmers of Ontario board elects first executive

GUELPH, ON (February 19, 2010) - The Grain Farmers of Ontario (GFO) is pleased to announce the executive has been elected from the 2010 Board of Directors.

Don Kenny, the elected representative from District 13 – Prince Edward, Lennox-Addington, Frontenac, Lanark, Leeds, Grenville, Renfrew and Ottawa – will be GFO’s first elected Chair.  Don farms 1,300 acres in the Ottawa-Carleton area of the province. 

The Vice Chair, from District 10 – Grey, Bruce, Wellington – is Henry Van Ankum, a cash crop farmer in Alma with 1,200 acres of corn, soybeans and wheat.  Mark Huston from District 2 in Kent will be the 2nd Vice Chair for 2010.  Mark has an 1,100 acre family farm in Thamesville, as well as 1,100 finishing pigs.  The Executive Member on our first GFO elected board will be Kevin Marriott from District 3 in Lambton.  Kevin farms 1,100 acres of corn, soybeans and wheat in Petrolia.

“The new Grain Farmers of Ontario executive and full board are looking forward to a productive year that will include strategic planning and policy development along with the establishment of each one of our committees,” says GFO’s new Chair, Don Kenny.

The 2010 Elected Grain Farmers of Ontario Board of Directors:

District 1 – Essex

Leo Guilbeault

District 2 – Kent

Mark Huston

District 3 – Lambton

Kevin Marriott

District 4 – Middlesex

Joe Thomson

District 5 – Elgin, Norfolk

Jeff Davis

District 6 – Haldimand, Brant, Hamilton, Niagara

Kim Turnbull

District 7 – Waterloo, Oxford

Fred Wagner

District 8 – Huron

Larry Lynn

District 9 – Perth

Mark Brock

District 10 – Grey, Bruce, Wellington

Henry Van Ankum

District 11 – Dufferin, Simcoe, Halton, Peel, York

John Morrison

District 12 – Durham, Northumberland, Kawartha, Peterborough, Hastings

Joe Hickson

District 13 – Prince Edward, Lennox Addington, Frontenac, Lanark, Leeds, Grenville, Renfrew, Ottawa

Don Kenny

District 14 – Prescott, Russell, Stormont, Dundas, Glengarry

Arden Schneckenburger

District 15 – Northern Ontario

Kevin Runnalls

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, 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:

Barry Senft, CEO - 1-800-265-0550; bsenft@gfo.ca

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Grain Market Commentary for January 17, 2018

Wednesday, January 17, 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 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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