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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 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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Market Trends Report for July-August 2017

Monday, July 24, 2017

It is a sizzling summer in the American heartland with North and South Dakota taking the brunt of a devastating drought, which has impacted spring wheat country. Temperatures across the American Midwest have been triple digit for much of July and it remains to be seen how this will impact corn and soybean crops in the United States. The 30-day forecast for the American Midwest is for a continuance of hot and dry weather.

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On July 12th the USDA weighed in with their latest estimates of US crop production. In the report the USDA increased US corn production at 14.255 billion bushels with the US national yield sustained at 170.7 bushels per acre. At the same time the USDA increased soybean production to 4.26 billion bushels. This was based on a five million bushel increase based on expected harvested area at 48 bushels/acre.

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