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Grain Farmers of Ontario board elects executive committee

GUELPH, ON (February 9, 2012) – The new board of directors at Grain Farmers of Ontario met for the first time this week and the 2012 Executive Committee has been chosen.

The board elected Henry Van Ankum as the new Chair of the organization to replace Don Kenny who, as the first Chair of Grain Farmers of Ontario, has completed two years of dedicated service and is congratulated by the board and staff for his many accomplishments in the position.

“I am excited about the challenge ahead to build upon the solid foundation laid in the first two years of our organization,” says Van Ankum. “Don was an effective leader, representing GFO well, and I look forward to continuing his work to provide strong representation for our members provincially and nationally.

Mark Huston was elected to the role of first Vice Chair on the Executive Committee. Huston is the director representing District 2 in Kent County.  Second Vice Chair is Mark Brock, from the Stratford area in District 9.  New to the Executive Committee is Leo Guilbeault from District 1 who will take on the role of Executive Member.

Also in 2012 there are two new directors on the Grain Farmers of Ontario Board – Kevin Armstrong representing District 7 and Colin Elliot representing District 11.  For a complete list of the directors on the Grain Farmers of Ontario board and the elected delegates from each district, please visit www.gfo.ca.

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 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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