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Grain Farmers of Ontario announces new VP of Strategic Development

GUELPH, ON (July 25, 2011) – Grain Farmers of Ontario is pleased to announce that John Cowan will become the new Vice President of Strategic Development.  

John will be responsible for the Research, Market Development, Government Relations and Communications business units.  In this position, he will work with grain industry stakeholders, government and the general public both domestically and internationally to add value to GFO farmer/members.

“We are looking forward to the opportunities John’s background and enthusiasm will bring to Grain Farmers of Ontario and we are very fortunate in attracting John to GFO” says Barry Senft, CEO. 

John Cowan comes to Grain Farmers of Ontario from Hyland Seeds where he has spent the last 34 years, ultimately ascending to the General Manager position that he has held since 1997. 

John’s extensive experience in the seed business and knowledge of the grain industry as a whole will be an asset to the organization.  His industry experience has included the roles of president of the Canadian Seed Trade Association, director on the Ontario Agri Business Association board and a member of the Canadian Agri-Marketing Association.

John is married to Kerry, has three children Kate, Peter and Claire.

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 September 20, 2017

Wednesday, September 20, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.50  01 cents
Soybeans CBOT November 9.70  11 cents
Wheat CBOT December 4.50  07 cents
Wheat Minn. December 6.22  12 cents
Wheat Kansas December 4.48  05 cents
Chicago Oats December 2.46  08 cents
Canadian $ December 0.8115  0.75 points

Harvest 2017 prices as of the close, September 20 are as follows:
SWW @ $190.53/MT ($5.19/bu), HRW @ $199.60/MT ($5.43/bu),
HRS @ $241.11/MT ($6.56/bu), SRW @ $195.06/MT ($5.31/bu).

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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