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March Classic 2013 - event of the year!

GUELPH, ON (March 22, 2013) – The Grain Farmers of Ontario 2013 March Classic is being coined “the event of the year”. With record attendance exceeding 625 farmers, an exhibit hall overflowing with 60 displays, and more than 20 conference sponsors, the March Classic has reached a new level of excellence.

Grain Farmers of Ontario recognizes and thanks the Honourable Kathleen Wynne, Premier of Ontario and Minister of Agriculture and Food, who greeted the audience at the closing reception.

“Grain Farmers of Ontario appreciates the genuine commitment the Minister expressed to the grain sector,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “Many of our farmer members were impressed to have personal conversations with her as she toured the room during the meal”.

The speaker line-up proved to be world-class with customized and insightful presentations from Evan Solomon, Cal Whewell and Elaine Froese. The day portion ended with crowd favorite, Ron MacLean, telling personal stories from 27 years in hockey and working with Don Cherry.

CBC’s The Debater’s closed the day with a live show hosted by Steve Patterson joined by comedians Big Daddy Tazz and Phil Hanley. This trio of comedians brought humour to Ontario grain farming and the audience left the event laughing. To hear about the event from Steve Patterson’s perspective, read his blog post at: http://growingruralconnections.wordpress.com/.

Grain Farmers of Ontario would like to thank all 20 sponsors and 60 exhibitors of the 2013 March Classic. Thanks to their commitment and financial support this annual event is able to operate at little cost to the farmer membership of Grain Farmers of Ontario.

To see first-hand the impact of the conference, search twitter hashtag #GFOClassic to review over 400 tweets from the event or visit www.gfo.ca/MarchClassic to watch video clips from the conference (additional clips coming shortly). 

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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