News

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.

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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Annual Report

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

Read it now or download a .pdf.


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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

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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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