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Grain Farmers of Ontario new community page and blog are live!

GUELPH, ON (June 22, 2011) – Grain Farmers of Ontario’s website has become an industry leader in providing up to the minute news, crop updates, market information, the latest agricultural research and more.

Now, the Grain Farmers of Ontario website has launched a community page at www.gfo.ca/community to create an area of interest to the general public looking for general farm news, and links to products made from corn, soy and wheat. Visitors will also find fun trivia and general grain information, book reviews and recipe sharing.

The new community page will also feature a new blog titled “Growing Grain”.  The focus of the blog will be something a little different on the Grain Farmers of Ontario website, as it documents the adventures of a city girl discovering the country and covering such topics as farm life, food, recipes and agriculture in general.

Grain Farmers of Ontario is encouraging our urban neighbours to learn more about grain farming using the community page as a starting point.  Other features of the website such as the Twitter feed and comment areas encourage those interested to engage in conversation and provide feedback on the new content.  

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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The 2017 Grain Farmers of Ontario Annual Report is now available.

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Grain Market Commentary for November 15, 2017

Thursday, November 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.38  10 cents
Soybeans CBOT January 9.75  15 cents
Wheat CBOT December 4.20  02 cents
Wheat Minn. December 6.25  11 cents
Wheat Kansas December 4.18  02 cents
Chicago Oats December 2.69  02 cents
Canadian $ December 0.7835  0.60 points

Cash grain prices as of the close, November 15 are as follows: SWW @ $182.95/MT ($4.98/bu), HRW @ $192.33/MT ($5.23/bu), HRS @ $251.44/MT ($6.84/bu), SRW @ $187.64/MT ($5.11/bu).

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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