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Ontario applicants being sought for ASA/Dupont Young Leader Program

GUELPH, ON (June 6, 2012) – Grain Farmers of Ontario, the American Soybean Association (ASA) and Pioneer Hi-Bred, a DuPont Business, are seeking applicants for the 2013 Young Leader Program. The Young Leader Program is recognized throughout agriculture for its longstanding tradition of identifying and cultivating the producer-leaders who are shaping the Canada/U.S. soybean industry.

2013 marks the 29th year of the program.  "The Young Leader Program is an exceptional leadership training program," said ASA President Steve Wellman. “The knowledge gained from this program can be put to use immediately–not only in business, but personally as well. Soybean producers who are looking to take on future leadership roles at the provincial and/or national level should pursue this training as the first step on their journey.”

The 2013 class of Young Leaders and their spouses will participate in a challenging and educational leadership experience Nov. 27-30, 2012 at Pioneer headquarters in Johnston, Iowa, and Feb. 26-March 2, 2013 in Kissimmee, Fla., coinciding with the annual Commodity Classic Convention and Trade Show.  This program offers the opportunity for participants to enhance their leadership skills, as well as meet and learn from other young leaders from around North America.

Applications will be accepted starting June 1 through August 1, 2012.  Interested applicants should apply online at www.gfo.ca/youngleadersprogram.  ASA, its 26 state affiliates, including the Grain Farmers of Ontario, and Pioneer will work together to identify the top producers to represent their province/state as part of this program. One couple or individual from Canada will be chosen to participate.

For questions or to obtain a hard copy application, please contact Valerie Gilvesy, Grain Farmers of Ontario Member Relations Coordinator at 226-979-5581 or vgilvesy@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 August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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