Late addition to the Grain Farmers of Ontario March Classic

GUELPH, ON (March 16, 2011) – Grain Farmers of Ontario is excited to announce Kevin O’Leary as a late addition to the March Classic conference line up for Monday next week.

O’Leary is well known for his ruthless grilling of entrepreneurs on the popular CBC show Dragon’s Den and is now a judge on the ABC show Shark Tank.  As an "Eco-preneur," O'Leary specializes in investments that make money while being environmentally friendly and is the co-host for Discovery Channel's Discovery Project Earth, which explores ways we can reverse global warming.

“Some last minute changes to the agenda for the day have made it possible to add this knowledgeable and opinionated business leader to our lineup,” says Barry Senft, CEO.  “I enjoy Dragon’s Den each week and look forward to O’Leary’s insight into our industry and his no nonsense style of delivery at the March Classic.”

In 1993, with no money, O’Leary launched The Learning Company, which developed software that helped kids with reading and math. Six years later, he sold it to Mattel for 3.7 billion dollars, one of the largest tech deals in Canadian history.  In 2003, he co-founded Storage Now, Canada's leading developer of climate controlled storage facilities; in 2007, it was acquired by In Storage REIT, for $110 million dollars.  He is currently the chairman of O’Leary Funds, a company that offers a global perspective and investment intelligence to deliver high-quality, actively managed global investment portfolios.

With candor and unmatched business smarts, Kevin O'Leary will draw on his encyclopedic knowledge of finance, investing, economics and business to discuss a variety of topics relevant to our members’ farm businesses.

Registration to the Grain Farmers of Ontario March Classic on March 21st in London, Ontario is still open but tickets are selling fast. Contact Kristyn Kline at 1-800-265-0550 to reserve your seat today.

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 March 7, 2018

Wednesday, March 07, 2018

Commodity Period Price Weekly Movement
Corn CBOT May 3.87 ↑ 13 cents
Soybeans CBOT May 10.65 ↑ 10 cents
Wheat CBOT May 4.97  02 cents
Wheat Minn. May 6.20 02 cents
Wheat Kansas May 5.34  12 cents
Chicago Oats May 2.64  06 cents
Canadian $ March 0.7731 ↓ 0.65 points

Cash Grain prices as of the close, March 7, are as follows: SWW @ $238.66 ($6.50/bu), HRW @ $233.91/MT ($6.37/bu), HRS @ $248.62/MT ($6.77/bu), SRW @ $231.54/MT ($6.30/bu).

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Market Trends Report for March-April 2018

Monday, March 12, 2018

March is often a time in the grain markets where we can see movement in the production area of South America, which can be impacted by weather events. The big US crop has long been put away and is slowly moving out to end-users across the greater hinterland. Problems in Argentina with severe drought conditions have dominated the landscape over the last 30 days as prices have gone up to become much more volatile based on this weather market. Increasingly so, farmers need to watch the weather maps of South America to get clues of production conditions in the southern hemisphere.

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The USDA is starting in on their projection season. On February 22nd during their Outlook forum predictions for 2018 corn and soybean acres came in equally at 90 million acres. So let the games begin. An even bigger USDA report will come March 29th when the USDA releases its prospective plantings report. Markets will be focused on that day to see if there are any surprises.

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