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Grain Farmers of Ontario spring wheat challenge winner

GUELPH, ON (January 12, 2012) – The results of Grain Farmers of Ontario’s second annual Spring Wheat Challenge were announced yesterday at the district 13 meeting in Elgin. 

First place and a prize of $1,500: Schouten Corner View Farms of Richmond achieving 98.42 bushel per acre with Sable wheat.

Second place and a price of $750: John Schiestel of Teeswater achieving 92.08 bushels per acre with Wilken wheat.

Third place and a prize of $500: R&J Fraser Farms of Ottawa achieving 91.71 bushels per acre with Sable wheat.

“It was a tight competition this year,” says Crosby Devitt, Manager of Research and Market Development at Grain Farmers of Ontario. “These are all impressive yields for Ontario spring wheat and these farmers certainly deserve credit for great production practices.”

Grain Farmers of Ontario congratulates all entrants in the 2011 Spring Wheat Challenge. The 2011 Spring Wheat Challenge was made possible by generous support from platinum sponsor Bayer CropScience and gold sponsors C&M Seeds and Hyland Seeds.

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.

Contact:

Barry Senft, CEO - 1-800-265-0550; bsenft@gfo.ca

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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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