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Farm innovation program needs renewal

GUELPH, ON (October 23, 2012) – Many projects funded through the Farm Innovation Program (FIP), a $12 million program that was part of Growing Forward, will be concluding over the next few weeks. Grain Farmers of Ontario is optimistic that a renewal of FIP will be considered in Growing Forward 2 because of the tremendous impact it has on Ontario agriculture.

To date, a total of $2.3 million has been allocated to corn, soybean and wheat projects through FIP and Grain Farmers of Ontario has used 100% of this allocation to fund a total of 29 projects. Some of the outcomes of the grain focused projects include the Corn Production Calculator, fact sheets about managing soybean cyst nematode (SCN), long term tillage and rotation trials, and a DNA barcode database of nearly 300 weeds of agriculture in Ontario.

The goal of FIP has been to increase the development, adaptation, assessment, and adoption of on-farm innovative technologies that help agricultural producers respond to changing demands.

“Each of our projects focused on real farm issues,” says Crosby Devitt, Manager of Market Development and Research at Grain Farmers of Ontario. “Through these projects new recommendations, or modifications to current production practices, have been developed that can significantly improve crop protection and yields for Ontario’s grain farmers.” 

Grain Farmers of Ontario is currently advocating for the renewal of FIP in Growing Forward 2. The funding is critical to continue conducting leading edge research dedicated to corn, soybean, and wheat production in our province.

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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