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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 July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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