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The environment and bio-fuels

GUELPH, ON (May 5, 2011) – Canadian biofuel is better for the environment than biofuel produced further south - in part due to our different agricultural practices - according to a new study released by the Grain Farmers of Ontario.

The report, produced by Dr. Terry Daynard and KD Communications says that by including an average of just 5% ethanol in regular gasoline, Canadians are reducing greenhouse gas emissions by 2.3 million tonnes annually.

“We’re looking at a reduction of 2.3 million tonnes of Canadian GHG greenhouse gas emissions,” says Dr. Terry Daynard, “That’s equivalent to removing 440,000 Canadian cars from the road. About two-thirds of this benefit is in Ontario.”

Efficiencies are generally higher for Canadian corn and ethanol production, compared to the south. This is due to the  lower use of synthetic nitrogen fertilizer (more livestock manure), less usage of lime and irrigation in Ontario corn production, and the fact that all Canadian ethanol plants use natural gas rather than coal as their source of energy.

The environmental benefits provided by ethanol are clear. Ethanol has replaced other more hazardous compounds used for octane enhancement in gasoline while also reducing harmful emissions, thus reducing the usage and importation of petroleum and refinery products – critical for a major petroleum-importing province such as Ontario - and reducing net greenhouse gas emissions.  Fuel ethanol produced from corn has 1.6 times more combustible energy than is used for its manufacture, including the production and transportation of corn.

“Ethanol blending of gasoline has proven to be an environmental benefit, and that’s been supported globally” says Barry Senft at Grain Farmers of Ontario. “We are proud that Canadian farmers are playing a role in this important initiative.”

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 February 21, 2018

Wednesday, February 21, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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Commodity Period Price Weekly Movement
Corn CBOT March 3.65 ↑ 01 cents
Soybeans CBOT March 10.33 ↑ 14 cents
Wheat CBOT March 4.48 ↓ 06 cents
Wheat Minn. March 6.01 ↑ 01 cents
Wheat Kansas March 4.66 ↓ 09 cents
Chicago Oats March 2.59 ↓ 08 cents
Canadian $ March 0.7890 ↓ 1.03 points

Cash Grain prices as of the close, February 21, are as follows: SWW @ $205.96 ($5.61/bu), HRW @ $203.63/MT ($5.54/bu), HRS @ $231.13/MT ($6.29/bu), SRW @ $201.30/MT ($5.48/bu).

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Market Trends Report for February-March 2018

Monday, February 12, 2018

The winter season in North America is often one of hopes and dreams. With the January 2018 USDA report a month old the scope of the 2017 crop is now becoming a memory. Farmers have turned the page and will soon be planting corn in places like Texas. However, in the southern hemisphere corn and soybean crops are growing in the field and affecting prices every day. While the northern hemisphere freezes under the snow, weather in Argentina and Brazil has been defining the initial grain fundamentals for 2018.

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On February 8th, the USDA released its latest World Supply and Demand Estimates. (WASDE) The USDA lowered US corn ending stocks to 2.352 billion bushels down 125 million bushels from last month. This was totally related to an increase in US corn exports by the same amount. This was attributed to a weakened US dollar and reduction in both Argentinian and Ukrainian corn exports. Hot weather in Argentina had USDA lowering their corn production 2.8 MMT to 39 MMT. USDA maintained Brazil corn production of 95 MMT.

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