News

Further disappointment surrounding Bill C-474

Grain Farmers of Ontario struggles with bill passing second reading

GUELPH, ON (April 15, 2010) – Grain Farmers of Ontario (GFO) is greatly disappointed with the result of the second reading of bill C-474 last night. The bill passed last evening with 153 voting in favour and 134 opposed. The bill now goes to the Agriculture Standing Committee for review.

Bill C-474 calls for an amendment to the Seeds Regulations to require that an analysis of potential harm to export markets be conducted before the sale of any new genetically engineered seed is permitted. The effect of this bill will be to introduce non science-based criteria to Canada’s evaluation and approval process for biotech seeds. A move in this direction would represent a serious and dangerous departure from a science based regulatory approach – an approach that has served farmers well in defending Canada’s ability to export agricultural production to other countries.

“A move to depart from a science-based regulatory approach would be an open invitation for other countries to impose non-science based trade barriers on Canada’s grain exports” said Barry Senft, CEO of GFO.

Bill C-474 would eliminate advantages now enjoyed by Ontario farmers and consumers by introducing unpredictable factors into the regulatory process. The bill could indefinitely delay all future approvals on the basis that there may be one country somewhere that would not accept genetically modified crops.

A coalition of farm groups, including GFO, opposed to bill C-474 will take the time prior to their testimony at the Agriculture Standing Committee to build a strong case against the bill and to ensure farmers from across Canada are represented on the issue.

Farmers are encouraged to contact GFO for more information and arrange a meeting with their local MP to discuss the impact this issue will have on Ontario farmers. 

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

Stay in touch

Register for the March Classic

March Classic logo

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

Register here


Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

Read it now or download a .pdf.


Subscribe to the Bottom Line

Subscribe to The Bottom Line, the weekly newsletter that helps our members stay on top of all the news that affects their bottom line.

Read the latest issue (January 17, 2018)

Subscribe


Inside Grain Farmers of Ontario

New episodes every week.

Episode 68: Research

Weekly Commentary

Get Aggregated RSS

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.

Register now

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).

Read more

Market Trends

Get Aggregated RSS

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.

Listen to the podcast

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.

Read more

sustainability
mobile apps