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2011 Soybean Yield Challenge launched at Grain Farmers of Ontario March Classic

LONDON, ON (MARCH 21, 2011) – With over 400 farmers present, Don Kenny, chair of Grain Farmers of Ontario announced the start of the 2011 Soybean Yield Challenge. Farmers were invited to pick up their registration cards and try their hand at the prizes.

“It’s a great competition and farmers are definitely excited about it this year,” says Kenny. “It’s a really great opportunity to recognize Ontario’s elite growers and to give everyone a chance to learn from one another.”

This year’s challenge is slightly different from last year as it is split into two divisions – an IP division and a non-IP division.

“IP and non-IP soybeans require different management practices and we wanted to recognize those differences within the challenges,” says Crosby Devitt, manager of research and market development at Grain Farmers of Ontario. “The new divisions also allow us to hand out more prizes, which is always fun.”

The challenge is still separated into heat unit zones and winners will be chosen in each zone within each division. Two grand prizes will be awarded to the IP farmer and the non-IP farmer with the highest yield. Both farmers will win a trip for two to the National Farm Machinery Show in Louisville, Kentucky.

Winners in each zone in each division will win a cash prize of their yield multiplied by their bushels per acre. Runners up in each zone will win admission to Canada’s Outdoor Farm Show and their local farm show – London, Ottawa or Toronto.

The IP prizes are made possible by DuPont and the non-IP prizes are made possible by Monsanto.

Farmers can collect registration cards from Grain Farmers of Ontario or the industry sponsors of the competition: Monsanto, DuPont, Pioneer Hi-Bred, Hyland Seeds, Syngenta Seeds, Mycogen Seeds, Dekalb, Maizex Seeds, Country Farm Seeds and SeCan.

Challenge information, including rules and a downloadable registration card is also available at www.gfo.ca/soybeanyieldchallenge.

The deadline to register is July 29, 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.

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Grain Market Commentary for June 21, 2017

Wednesday, June 21, 2017

June 21, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.69  08 cents
Soybeans CBOT July 9.19  13 cents
Wheat CBOT July 4.65  22 cents
Wheat Minn. July 6.49  22 cents
Wheat Kansas July 4.68  11 cents
Chicago Oats July 2.59  04 cents
Canadian $ September 0.7525  0.25 points

Harvest 2017 prices as of the close, June 21 are as follows:

SWW @ $219.48/MT ($5.97/bu), HRW @ $217.05/MT ($5.91/bu),
HRS @ $267.34/MT ($7.28/bu), SRW @ $217.05/MT ($5.91/bu)

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Market Trends Report for June-July 2017

Monday, June 12, 2017

It is a critical time of the year for grain markets. Across the US corn belt as well as Ontario, farmers have been planting since mid April. It continues. As of May 28th 91% of US corn has been planted and 67% of US soybeans. There are wide variations on this theme as the Eastern and Southern corn belt has seen more of its share of wet weather causing many planting delays. As we move into late June it is a time where the US crop is setting up to be made and marketing decisions for that crop are accentuated by market volatility. The June 9th USDA report gave us another indication of the supply of grain in the US and around the world.

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