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Annual district meetings in progress

Grain Farmers of Ontario will be holding Annual District Grain Committee Meetings during the month of January. These meetings are called to receive reports, elect the District delegates, alternates, and directors, and conduct other business as may properly come before the annual meeting. All barley, corn, oat, soybean, and wheat farmers are encouraged to attend their local meeting.

The schedule of district meetings is here.

Increased funding for non-BRM positive for Ontario's Gran Farmers

GUELPH, ON (September 20, 2012) – The 50 percent increase to non-business risk management program funding announced by Minister of Agriculture, Gerry Ritz, is good news for Ontario’s grain farmers.  Grain Farmers of Ontario has some key opportunities for the next policy framework and the increase to funding will be required to meet our goals.

With innovation, competitiveness and market development as the overarching themes in Growing Forward 2, there are a number of opportunities in Ontario to address them.  These include investments in Ontario grain farming through science programs like the Farm Innovation Program (FIP), the Developing Innovative Agri Products (DIAP) program and the Science Clusters and market development programs like the Environmental Farm Plan and the Agri-Tech Commercialization Centre.

“Our board has set the bar high – to drive the Ontario grain industry to become a global leader,” says chair, Henry Van Ankum.  “Our members are well positioned for success but we can only achieve our goals through collaboration with government and industry.”

There are three federal programs that will be extremely important to the competitiveness of Grain Farmers of Ontario members in Growing Forward 2 – the FIP, the DIAP program and the Science Clusters.

Grain Farmers of Ontario is also supportive of the work the federal and provincial governments have been doing to encourage market growth domestically and internationally through examples like biofuels mandates and free trade negotiations with strategic countries around the world.

“As the details of the non-BRM programs in Growing Forward 2 are worked through in the next couple of months, this is a critical time for GFO to be working with government to communicate our farmers’ needs,” says Barry Senft, CEO.  “Our priority is greater access to programs for Ontario’s grain farmers in order to attain the research and market development priorities that have been set by our members.”

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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The 2017 Grain Farmers of Ontario Annual Report is now available.

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Episode 68: Research

Weekly Commentary

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Grain Market Commentary for January 17, 2018

Wednesday, January 17, 2018

Commodity Period Price Weekly Movement
Corn CBOT March 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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