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Grain Farmers of Ontario welcomes member relations coordinator

GUELPH, ON (May 26, 2010) Grain Farmers of Ontario (GFO) is pleased to welcome Valerie Gilvesy to the role of Member Relations starting June 1, 2010.

The Member Relations role will work closely with members, delegates, directors and staff at GFO to ensure an informed and active grain farmer community whose ideas and opinions will guide the organization.

Our organization believes the more active and informed our membership, the more value GFO can add to the sector.  Valerie will be the conduit of information about current grassroots issues to GFO’s management team.  By providing support and guidance to the delegates and directors, being the key contact and collaborating with grain producers in the development of the organization at the county and provincial level, her new position will add great value.

Valerie was born and raised on a Limousin beef and cash crop farm in Middlesex County.  She began working in the agricultural industry as a Member Service Representative in 1988 with the Ontario Federation of Agriculture in the counties of Waterloo, Wellington, Dufferin and later transferring to Elgin and Oxford. For the past 2 ½ years, Valerie has been with the Chicken Farmers of Ontario as a Services and Inspection Representative, principally conducting On-Farm Food Safety Audits.

Valerie is a graduate of the Class III Advanced Agricultural Leadership Program. She lives on a farm in Oxford County with her husband George and son John.

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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