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Grain Farmers of Ontario annual harvest survey begins

GUELPH, ON (August 5, 2011) – Grain Farmers of Ontario is once again conducting the annual wheat harvest survey that will provide our buyers with qualitative data from the 2011 wheat harvest.  Results to date show good test weights and solid grade #2 wheat and milling and baking tests have begun on the first half of the crop.

For the Grain Farmers of Ontario, having the quality of wheat that buyers are looking for is essential to maintaining the domestic and international reputation of our wheat and the profitable success of our farmer members.  An annual survey allows for our customers to compare this year’s wheat quality to years past and adjust their grist to ensure a seamless transition between crop years.

“The result of the quality inspection is a snapshot of the quality of Ontario’s wheat that we make available to everyone in the industry,” says Mike Reimer Ontario Wheat Technologist with the Canadian International Grains Institute (CIGI).

The Harvest Survey is conducted each year at this time right across the province in order to understand the overall quality of the year’s Ontario wheat crop and identify points of regional differentiation. Harvest samples are collected from participating grain elevators and terminals throughout the harvest season. As grains are delivered, 1kg sample bags are taken and labeled with the variety of wheat and where it is grown then graded by the Canadian Grain Commission. The grain is then sent for milling followed by a flour quality inspection by the Canadian International Grains Institute in Winnipeg, MB.

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 May 31, 2017

Wednesday, May 31, 2017

May 31, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.71  01 cents
Soybeans CBOT July 9.26  22 cents
Wheat CBOT July 4.30  02 cents
Wheat Minn. July 5.72  11 cents
Wheat Kansas July 4.31  01 cents
Chicago Oats July 2.48  10 cents
Canadian $ June 0.7402  0.45 points

Harvest 2017 crop cash prices as of close on May 31, 2017
SWW @ $198.22/MT ($5.39/bu), HRW @ $198.22/MT ($5.39/bu),
HRS @ $233.70/MT ($6.36/bu), SRW @ $198.22/MT ($5.39/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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