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March Classic exhibit hall - bigger than ever

GUELPH, ON (January 25, 2013) – The 2013 Grain Farmers of Ontario March Classic in London, Ontario will feature a diverse exhibit hall for all attendees of the conference.  Along with the lineup of world class speakers, attendees can browse the 8000 square foot hall with over 50 exhibitors booked to date.

There will be exhibitors from virtually all business sectors of the grain industry including finance, seed, fertilizer, crop protection, business management, marketing, and equipment. As well this year, each booth will have a prize displayed and everyone will have a chance to win!

New this year, the Grain Farmers of Ontario Market Development team has created a product showcase to feature companies and projects that have been funded in part by Grain Farmers of Ontario. There will also be a chance to meet the four innovators behind these projects that use Ontario grains.

Don’t forget, the first early bird draw closes January 31st which is only a week away. Those who pre-register are entered into a draw for a chance to win a Petro Canada Price Preferred gas card to save 25 cents per litre off fuel at any Petro Canada location or a bottle of locally distilled Collingwood Whisky made from Ontario grain corn and pure spring water from Georgian Bay.

Speakers this year include Evan Solomon from CBC’s Power & Politics, Cal Whewell, Risk Management Consultant at FCStone, Elaine Froese on Farm Succession Planning, and keynote speaker Ron MacLean from Hockey Night in Canada. The conference takes place on March 18th, 2013 at the London Convention Centre.  For more information and to pre-register, visit www.gfo.ca/MarchClassic

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

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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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