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Grain Farmers of Ontario launches new smartphone apps

GUELPH, ON (March 15, 2013) – Grain Farmers of Ontario is excited to unveil two new smart phone apps for BlackBerry and to give away a new BlackBerry Z10 at the fast-approaching March Classic.                                                        

The Grain Farmers of Ontario SellSmart app for smart phones was developed two years ago to provide cash bids for grain at basis points across the province at a farmer’s fingertips.  Now our members will be able to use their smart phones not only to view price information but to reach out to their local elevators to make the sale.

“We are continuously looking for ways to improve access to market information and efficiency for our members,” says Barry Senft, CEO of Grain Farmers of Ontario.  “These new apps will better connect farmers to their local elevators and input suppliers.”

Through a gateway icon on the BlackBerry home screen named FarmCentral, Grain Farmers of Ontario members will have access to our mobile website, the popular SellSmart app, and now the new app – AgBids. Provided through a partnership with AgNition, AgBids will allow a farmer to simultaneously request an actual grain bid from numerous buyers on their BlackBerry.

There is also additional functionality that has been built into the AgBids app – the opportunity for farmers to request a price for fertilizer.  This aspect of the app will allow farmers to find a competitive local price for their fertilizer needs by enabling them to send multiple requests for pricing to their local fertilizer dealers.

Attendees to the March Classic can visit the Grain Farmers of Ontario booth to learn more about our new apps.  There will be ballots at the booth for farmers to enter to win the new BlackBerry Z10 with the FarmCentral gateway and suite of apps pre-installed.

For more information about the March Classic, 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 October 12, 2017

Thursday, October 12, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.49  06 cents
Soybeans CBOT November 9.92  34 cents
Wheat CBOT December 4.30  12 cents
Wheat Minn. December 6.12  02 cents
Wheat Kansas December 4.26  10 cents
Chicago Oats December 2.62  16 cents
Canadian $ December 0.8030  0.15 points

Harvest 2017 prices as of the close, October 12 are as follows: SWW @ $183.52/MT ($4.99/bu), HRW @ $192.67/MT ($5.24/bu), HRS @ $238.89/MT ($6.50/bu), SRW @ $188.09/MT ($5.12/bu).

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Market Trends Report for October-November 2017

Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

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USDA estimated soybean production to be at 4.431 billion bushels, which was a decrease from their September estimate. This was based on a .4 bushel/acre cut in US national yield down to 49.5 bushels per acre. However, the US soybean harvested acreage is at a record high of 89.5 million acres, which was up 1% from the USDA September estimate. The US domestic soybean ending stocks were also pegged at 430 million bushels, which was down 45 million bushels from their September estimate. This was generally looked at as bullish on report day and soybeans responded by going up $.26 a bushel. US domestic wheat stocks were set at 960 million bushels, which was 27 million bushels higher than their September estimate.

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