News

Grain Farmers of Ontario plans for success

GUELPH, ON (June 25, 2010) – The Grain Farmers of Ontario strategic plan is complete, pending final Board review, and the accompanying budget has been approved by the Board for fiscal 2011 beginning June 1, 2010.

The strategic plan will challenge directors and staff with a broad vision for the organization that positions Ontario’s grain farmers as leaders not only in our province but beyond our borders.

“Our strategic plan will ultimately deliver tangible results into the bank accounts of our farmer members,” says Barry Senft, GFO’s CEO. 

The strategic plan will require a small increase in license fees to $1.75 per acre, from the originally proposed $1.70 in 2007, but will deliver dividends that will be measured in: 

  • new market opportunities,

  • increased access to information that will add value to members’ businesses,

  • research results that will reduce costs or increase returns and

  • better access to all levels of government, industry and the public on issues that affect your business.

“An example of where we have already started to add value was our new Market Development reception on June 23 in Guelph where we brought stakeholders from the industry and government together to discuss ways we can work together to bring new business opportunities for grain to Ontario,” say Senft.  “There are lots of exciting new products under development and we intend to have that infrastructure built close to our grain producing regions.”

This work cannot be done without the continued support and input from our members.  The GFO Strategic Plan will be available for comment later in the summer and all stakeholders are encouraged to contact the office or a local director or delegate with ideas and comments for ways we can work together to deliver results to Ontario’s grain 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

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 (September 22, 2017)

Subscribe


Inside Grain Farmers of Ontario

New episodes every week.

Episode 57: Communications: The CNE


Follow us

twitter   linkedin   youtube

Weekly Commentary

Get Aggregated RSS

Grain Market Commentary for September 20, 2017

Wednesday, September 20, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.50  01 cents
Soybeans CBOT November 9.70  11 cents
Wheat CBOT December 4.50  07 cents
Wheat Minn. December 6.22  12 cents
Wheat Kansas December 4.48  05 cents
Chicago Oats December 2.46  08 cents
Canadian $ December 0.8115  0.75 points

Harvest 2017 prices as of the close, September 20 are as follows:
SWW @ $190.53/MT ($5.19/bu), HRW @ $199.60/MT ($5.43/bu),
HRS @ $241.11/MT ($6.56/bu), SRW @ $195.06/MT ($5.31/bu).

Read more

Market Trends

Get Aggregated RSS

Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

Listen to the podcast

On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

Read more

sustainability
mobile apps