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$1,500 cash prize up for grabs for the best spring wheat in Ontario

Grain Farmers of Ontario’s Spring Wheat Challenge now open for registration

The first annual Spring Wheat Challenge is a friendly competition that allows farmers to try their hand at some great prizes and learn about best management practices in the process.

Great Prizes!

  • Grand Prize – $1,500

  • 1st Runner Up - $750

  • 2nd Runner Up - $500

Rules

  • Contest open to all Ontario farmers (GFO Directors, staff and immediate families are restricted from the competition)

  • Field size must be a minimum of 10 acres and the harvested plot must be a minimum of 1.5 acres of the same field.

  • All legal spring wheat production practices will be permitted

  • Any variety designated as milling quality Hard Red Spring can be used; must be certified seed

  • Winning entries must be of Milling Quality (Grade 1,2, or 3)

  • Crop must be weighed in the field using a weigh wagon or, if facilities exist, the crop may be weighed in a regular wagon as long as the weight of the wagon itself is subtracted from the total

  • A representative sample from the harvested plot must be graded by a certified grader (someone who has completed the CGC Grain Grading Course)

  • An independent party must witness all acts of weighing and grading and sign off on the completed Harvest Information Form

  • Growers will be required to fill out a survey form stating production practices of the competition field, location of field and general weather data to participate.

  • Visit us at www.gfo.ca/springwheatchallenge

  • Call us at 1-800-265-0550

  • Email Claire Cowan at ccowan@gfo.ca

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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Weekly Commentary

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Grain Market Commentary for July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Market Trends

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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