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Grain Farmers of Ontario on new bee death information

GUELPH, ON (September 4, 2012) – Grain Farmers of Ontario is interested and following the recent updates surrounding the  potential impact of the Bayer and Syngenta seed treatments on bee kills earlier this year.

Earlier this week, a spokesperson from Bayer CropScience in Ottawa released a report about an active substance found in seed treatments that may be connected to the bee kills. However it is too early to correctly pinpoint the exact cause. The unseasonably warm and dry spring this year is also a factor to consider in this case with more bee activity than previous cold and wet springs.

“Although the investigation is still in an early stage, Grain Farmers of Ontario is extremely interested in the findings and how they might impact bee production and corn growers across the province,” says Kevin Armstrong, director for Grain Farmers of Ontario. “Farmers must take everything into consideration before making any decisions in the situation going forward and we look forward to the updates as they become available.” 

When more results are known, Grain Farmers of Ontario plans to relay the information to our members in the hope of aiding the Ontario Bee Keepers Association of Ontario and Ontario’s grain farmers with another successful planting season in 2013.

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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Weekly Commentary

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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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