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Applicants sought for 2014 ASA/Dupont Young Leader Program

GUELPH, ON (June 5, 2013) – The American Soybean Association (ASA) and DuPont Pioneer are seeking applicants for the 2014 Young Leader Program. Now in its historic 30th year, the ASA DuPont Young Leader program is recognized throughout agriculture for its tradition of identifying and cultivating farmer leaders who are shaping not only the U.S. soybean industry but all of agriculture.

"The Young Leader Program has had a significant impact on the soybean industry,” said ASA President Danny Murphy, a soybean farmer from Canton, Miss. “For three decades, ASA/DuPont Young Leaders have participated in training and developed peer networks that have enabled them to better serve and represent their national, state and local agricultural industry organizations. Additionally, the training has a ‘real-world’ factor, providing a significant impact on their business as well.”

A challenging and educational two-part training program, the 2014 class of ASA/DuPont Young Leaders will meet for the first time at Pioneer’s headquarters in Johnston, Iowa, Nov. 19-22, 2013. The program will continue Feb. 25-March 1, 2014 in San Antonio, with training held in conjunction with the annual Commodity Classic Convention and Trade Show.

The ASA/DuPont Young Leader program offers the opportunity for participants to strengthen and build upon their natural leadership skills, meet and learn from other young leaders from around the country and expand their agricultural knowledge.

Applications will be accepted beginning June 10. Interested applicants should go to www.gfo.ca/youngleadersprogram.

ASA, its 26 state affiliates, including the Grain Farmers of Ontario, and DuPont Pioneer will work together to identify the top producers to represent their state as part of this program. One couple or individual from Canada  will be chosen to participate. Applications will be accepted until August 9

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 August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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