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The hunt is on for Ontario's best winter wheat

Grain Farmers of Ontario launches its new Winter Wheat Challenge

WOODSTOCK, ON (September 14, 2010) – As farmers look out in the fields at maturing beans and thoughts are focused on planting winter wheat, Grain Farmers of Ontario is excited to launch its new Winter Wheat Challenge for 2011.

The friendly competition adds some excitement to the upcoming crop year as farmers work at managing their crop for the best yield and quality. The challenge features cash prizes to draw out the best winter wheat grower in the province.

“Ontario farmers have always been excellent winter wheat growers,” says Crosby Devitt, Manager of Market Development and Research at Grain Farmers of Ontario. “With trends towards more precision management of wheat, we expect to see some outstanding results from this challenge.”

The Winter Wheat Challenge will be run similarly to GFO’s Spring Wheat and Soybean challenges. The farmer with the best yielding milling quality wheat will win a $1,500 cash prize. The 1st runner up will receive $750 and the 2nd runner up will win $500. The challenge is made possible by platinum sponsor, Bayer CropScience and Gold sponsors C&M Seeds and Hyland Seeds.

To compete, the 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. Any certified variety of milling quality winter wheat is eligible. For full rules and to register, visit www.gfo.ca/winterwheatchallenge or visit GFO at the Outdoor Farm Show at the corner of North Mall and Sixth Lane. The deadline to register is April 1, 2011. 

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 October 12, 2017

Thursday, October 12, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.49  06 cents
Soybeans CBOT November 9.92  34 cents
Wheat CBOT December 4.30  12 cents
Wheat Minn. December 6.12  02 cents
Wheat Kansas December 4.26  10 cents
Chicago Oats December 2.62  16 cents
Canadian $ December 0.8030  0.15 points

Harvest 2017 prices as of the close, October 12 are as follows: SWW @ $183.52/MT ($4.99/bu), HRW @ $192.67/MT ($5.24/bu), HRS @ $238.89/MT ($6.50/bu), SRW @ $188.09/MT ($5.12/bu).

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Market Trends Report for October-November 2017

Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

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