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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 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 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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