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Grain Farmers of Ontario announces March Classic

GUELPH, ON (January 28, 2011)  – Grain Farmers of Ontario has announced the dates and agenda highlights for its annual conference, the March Classic.

“2011 is critical for GFO and this event will be talked about for years to come,” says Barry Senft, CEO of GFO. “We will ask the tough questions to the right people to get the answers farmers need, and network with vital industry and political partners.”

The event will bring together provincial political leaders, including Premier Dalton McGuinty (invited) and PC leader Tim Hudak, for a fireside chat moderated by Seamus O’Regan from Canada AM. Federal MP Pierre Lemieux will also address the crowd. Other guests include Peter Mansbridge, Cal Whewell, and global corn, soybean, and wheat buyers.

The March Classic is being held March 21st, 2011 at the London Convention Center. Speakers will run through the day and an exhibitor hall will be open for networking and business discussions. There will also be a social evening banquet. Registration is now open online at www.gfo.ca/MarchClassic

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.

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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 Report for July-August 2017

Monday, July 24, 2017

It is a sizzling summer in the American heartland with North and South Dakota taking the brunt of a devastating drought, which has impacted spring wheat country. Temperatures across the American Midwest have been triple digit for much of July and it remains to be seen how this will impact corn and soybean crops in the United States. The 30-day forecast for the American Midwest is for a continuance of hot and dry weather.

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On July 12th the USDA weighed in with their latest estimates of US crop production. In the report the USDA increased US corn production at 14.255 billion bushels with the US national yield sustained at 170.7 bushels per acre. At the same time the USDA increased soybean production to 4.26 billion bushels. This was based on a five million bushel increase based on expected harvested area at 48 bushels/acre.

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