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Grain Farmers of Ontario congratulates new premier Wynne

GUELPH, ON (January 30, 2013) – Grain Farmers of Ontario would like to congratulate Premier Kathleen Wynne and commend her for taking on the role of Minister of Agriculture, Food and Rural Affairs. 

A year of great opportunity is ahead for grain farmers in Ontario with the beginning of a new policy framework and many exciting research and market development projects underway.  Our organization looks forward to working closely with the Wynne government to create stable, bankable and predictable programming for our farmers.

“We know the next few months will be extremely busy for the Premier as she manages her new role as well as the duties of Minister of Agriculture,” says Henry Van Ankum, chair of Grain Farmers of Ontario.  “As the largest commodity organization in Ontario we would like to offer any help we can provide to aid your familiarization with rural opportunities and issues.”

The priorities for grain farmers in 2013 include the enhancement of renewable fuel opportunities, the ongoing availability of bankable business risk management and improving the production and business environment of farmers through jointly funded research and market development projects.

Agriculture is a driving force in our provincial economy and we look forward to building on our strengths together with government in the year ahead.  

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 May 31, 2017

Wednesday, May 31, 2017

May 31, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.71  01 cents
Soybeans CBOT July 9.26  22 cents
Wheat CBOT July 4.30  02 cents
Wheat Minn. July 5.72  11 cents
Wheat Kansas July 4.31  01 cents
Chicago Oats July 2.48  10 cents
Canadian $ June 0.7402  0.45 points

Harvest 2017 crop cash prices as of close on May 31, 2017
SWW @ $198.22/MT ($5.39/bu), HRW @ $198.22/MT ($5.39/bu),
HRS @ $233.70/MT ($6.36/bu), SRW @ $198.22/MT ($5.39/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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