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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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Grain Market Commentary for July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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