Conference board report shows the benefits of Canada's ethanol industry

GUELPH, ON (November 7, 2011) – A study on the economic impact of the ethanol industry in Canada and its environmental and health effects from the Conference Board of Canada mirrors Grain Farmers of Ontario’s recent findings: the ethanol industry benefits our economy and our environment.

"Good policy is based on accurate information and careful assessment of the alternatives. The purpose of this report is to assess the evidence and to contribute to policy discussions around ethanol," said Len Coad, Director, Environment, Energy and Transportation in a release. "Our study concludes that ethanol should be part of Canada's energy mix. It is a clean transportation fuel that has a positive energy balance, reduces greenhouse gas emissions, and contributes to energy self-sufficiency."

According to the study, ethanol production in Canada has reached almost two billion litres per year and it can contribute to reducing Canada’s greenhouse gas (GHG) emissions. A 10 percent ethanol blend in our fuel reduces GHG emissions by four to six percent compared to gasoline. The Conference Board also looked at the economic impact of the ethanol industry and found that it contributes as much as $1.2 billion annually to the Canadian economy and accounts for more than 14,000 person-years of employment during construction and over 1,000 permanent jobs once plants are in operation.

“These findings substantiate our previous findings through our own independent research,” says Barry Senft, CEO of Grain Farmers of Ontario. “It’s very clear that the ethanol and biofuels industry is important to Canadian farmers and non-farmers alike on a myriad of levels including benefits to the environment and the economy.”

The report, Ethanol's Potential Contribution to Canada's Transportation Sector (, is publicly available from the Conference Board's e-library (

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 March 7, 2018

Wednesday, March 07, 2018

Commodity Period Price Weekly Movement
Corn CBOT May 3.87 ↑ 13 cents
Soybeans CBOT May 10.65 ↑ 10 cents
Wheat CBOT May 4.97  02 cents
Wheat Minn. May 6.20 02 cents
Wheat Kansas May 5.34  12 cents
Chicago Oats May 2.64  06 cents
Canadian $ March 0.7731 ↓ 0.65 points

Cash Grain prices as of the close, March 7, are as follows: SWW @ $238.66 ($6.50/bu), HRW @ $233.91/MT ($6.37/bu), HRS @ $248.62/MT ($6.77/bu), SRW @ $231.54/MT ($6.30/bu).

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Market Trends Report for March-April 2018

Monday, March 12, 2018

March is often a time in the grain markets where we can see movement in the production area of South America, which can be impacted by weather events. The big US crop has long been put away and is slowly moving out to end-users across the greater hinterland. Problems in Argentina with severe drought conditions have dominated the landscape over the last 30 days as prices have gone up to become much more volatile based on this weather market. Increasingly so, farmers need to watch the weather maps of South America to get clues of production conditions in the southern hemisphere.

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The USDA is starting in on their projection season. On February 22nd during their Outlook forum predictions for 2018 corn and soybean acres came in equally at 90 million acres. So let the games begin. An even bigger USDA report will come March 29th when the USDA releases its prospective plantings report. Markets will be focused on that day to see if there are any surprises.

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