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Grain Farmers of Ontario and SeCan fund professorship in wheat breeding

GUELPH, ON (June 26, 2013) – Today, Grain Farmers of Ontario and SeCan announced a new partnership to fund a Professorship in Wheat Breeding in the Department of Plant Agriculture at the University of Guelph. The announcement, and official signing of the contract, was held at the University of Guelph this morning.

“This position was created to address the acute need for cereal breeding, especially winter wheat breeding, in Ontario,” explained Henry Van Ankum, Chair of Grain Farmers of Ontario, at today’s event.

Since 2010, Eastern Canada has lost through retirement all four permanent public wheat breeders who were conducting research in the province, two of whom were dedicated to winter wheat and whose research was critical to the establishment of winter wheat as a key crop in the province.

“Grain Farmers of Ontario is looking forward to providing input and guidance on the direction of the research that will be conducted by the new wheat breeder,” said Van Ankum. “The goal is for our farmer-members to benefit from the development of new, locally adaptable varieties with the functional qualities desired by end-users.”

The new professor will focus the majority of their time on wheat breeding and also participate in the Ontario Cereal Crop Committee, which acts as a recommending body for cereal registration and coordinates cereal performance testing. He or she will also work to address key priorities for wheat producers, such as disease tolerance and resilience to factors like variable and extreme weather.

SeCan’s Chair Quentin Martin noted, “SeCan has a long-standing productive relationship with University of Guelph researchers and we look forward to working with the new wheat breeder. This strategic investment is a perfect example of the public, private and producer partnerships that will continue to drive the success of both Ontario’s grain farmers and SeCan’s independent seedsmen.”

It’s expected that the position will be filled in 2014 and Grain Farmers of Ontario looks forward to working closely with the selected candidate.

About SeCan

As “Canada’s Seed Partner”, SeCan actively seeks partnerships that promote success in Canadian agriculture. SeCan is the largest supplier of certified seed to Canadian farmers with more than 700 member companies from coast to coast engaged in seed production, processing and marketing. Since its inception in 1976, SeCan has been a major supporter of plant breeding in Canada, returning more than $77 million in royalties and research funding. SeCan represents more than 450 varieties in 27 crop types - developed by public and private sector breeding programs.

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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