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Protecting Ontario's crops

GUELPH, ON (July 9, 2013) – Ontario farmers have faced unusual and extreme weather conditions that adversely affect many aspects of agriculture. One prevalent and complex issue is an increase in bee deaths.

“Many North American studies are underway and numerous risk factors to bee health have been identified, including varroa mites, poor nutrition/lack of forage, drought, winter-kill, and diseases,” says John Cowan, VP of Strategic Development at Grain Farmers of Ontario. “The public is pointing to neonicotinoid seed treatments as a possible contributing factor, but it is critical that all risks are fully understood and all stakeholders consulted before considering a blanket ban on seed treatments that are critical to Ontario’s 28,000 grain farmers.”

Grain Farmers of Ontario is actively involved in several initiatives to enhance bee protection. These include ensuring that farmers implement best management practices and working with the Ontario Ministry of Agriculture and Food, the Ontario Ministry of Rural Affairs, the University of Guelph, and the University of Guelph Ridgetown Campus to support research into pollinator health. 

“Neonicotinoid seed treatments are a vital tool for Ontario’s corn, soybean and wheat farmers,” says Cowan. “Without this technology, farmers have a potential for yield loss of 3-20 bushels per acre which would result in significant ramifications for the entire food value chain.”

Banning the use of neonicotinoid treatments would make it impossible for Ontario’s farmers to compete with their peers in other regions, such as the United States and Western Canada, who would continue to have access to these technologies.  Grain Farmers of Ontario looks forward to further investigation into the challenges of protecting both crops and pollinators in the face of numerous environmental obstacles. 

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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