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Research yields new soybean varieties

GUELPH, ON (August 12, 2011) – New genetics are becoming available to soybean farmers as a result of the success of a new public breeding program supported by Grain Farmers of Ontario.

The “Advanced Canadian Field Crops through Breeding” project began in April 2010 and will continue through till March 2013. This project is managed by the newly created Canadian Field Crop Research Alliance (CFCRA), which GFO is a founding member.

“Building on previous investments by Grain Farmers of Ontario and the members of the CFCRA, the Canadian soybean breeding programs have been very active and the impacts are already being seen in the industry and at the farm level,” says Alison Walden-Coleman, research projects manager with CFCRA. “This year has been very successful with 10 new varieties being released to the market,” she continues.

These 10 varieties are currently licensed to industry seed companies and several have already been made commercially available to farmers.

The CFCRA is an alliance of provincial farm organizations and industry partners. In partnership with Agriculture and Agri-Food Canada through the Developing Innovative Agri-Products program, $5.7 million is being invested over three years for the project.

The project will improve crop genetics and develop new varieties tailored to meet the needs of the marketplace. Farmers from Manitoba, Ontario, Quebec and the Maritimes have come together to ensure that farmers have access to globally competitive varieties for years to come.

The successful introduction of new soybean varieties is just the first triumph to come out of this project and Grain Farmers of Ontario is looking forward to seeing more results in the six crops the project covers over the next few years. In addition to soybeans, this project is investing funds in breeding efforts in corn, winter wheat, spring wheat, oats and barley.

For more details on Ontario soybean varieties, visit www.gosoy.ca.

For more information about these projects, visit www.gfo.ca/research.

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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