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Grain Farmers of Ontario March Classic speaker line-up

GUELPH, ON (January 18, 2012) – The 2012 March Classic speaker line-up has been announced by Grain Farmers of Ontario. Centering around the theme of Driving Ontario's Grain Industry to Global Leadership the speakers will provide insight to current and future agricultural opportunities.

The Honourable Ted McMeekin has been invited to open the day followed by John Phipps, host of the US Farm Report. To expose new trends in the industry, Jim Carroll, Agricultural Futurist, joins the conference and closing the morning is keynote speaker Andrew Coyne of The National Post, to share a political and economic perspective.

The afternoon launches into best management practices with Ontario-born David Chilton who will be available for book signing with his latest publication, The Wealthy Barber Returns, in the exhibit hall. A staple of the March Classic, Cal Whewell of FC Stone will provide a market outlook for 2012 and closing the day is Lyndon Carlson of Farm Credit Canada speaking about their campaign Agriculture, More than Ever.

A cocktail reception will be hosted in the exhibit hall and a banquet with entertainment by rural comedian, Derek Edwards, will end the evening.

Early bird registration is now open at www.gfo.ca/MarchClassic. Register before the end of January for a chance to win a bottle of Collingwood Whisky. 

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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