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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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Leadership for Tomorrow: March 20, 2018, at the London Convention Centre.

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Annual Report

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

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Grain Market Commentary for January 17, 2018

Wednesday, January 17, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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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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