News

Candidate chosen for ASA/Dupont Young Leader Program

GUELPH, ON (August 22, 2013) – Grain Farmers of Ontario has selected Middlesex County farmers Rob and Cindy Foster as the Canadian representatives for the 2014 American Soybean Association (ASA)/DuPont Young Leader Program.

This program offers a unique opportunity for future farm leaders to enhance their leadership skills and network with other young leaders. Participants learn about their personal leadership style and how to achieve a greater level of success in their business.

After all applicants were reviewed and interviewed by committee, the Fosters were chosen for their dedication to farming and their community. “All of our candidates impressed us with their agricultural and civic involvement,” says Valerie Gilvesy, Member Relations, Grain Farmers of Ontario. “It’s reassuring to see so many of our young members taking active leadership roles. They represent a strong future for the grain industry in Ontario.”

Rob and Cindy farm 1,400 acres of corn, soybeans and wheat in Ilderton, ON along with Rob’s parents. This year, they planted 450 acres of soybeans using a no-till system. They have spent several years focusing on natural resource stewardship and improving soil health. Soybean varieties are carefully chosen to provide a high yielding, quality product suitable for the premium food market. Off-farm, Rob and Cindy are involved in several agricultural organizations and volunteer for their children’s school and athletic activities.

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

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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Market Trends Report for July-August 2017

Monday, July 24, 2017

It is a sizzling summer in the American heartland with North and South Dakota taking the brunt of a devastating drought, which has impacted spring wheat country. Temperatures across the American Midwest have been triple digit for much of July and it remains to be seen how this will impact corn and soybean crops in the United States. The 30-day forecast for the American Midwest is for a continuance of hot and dry weather.

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On July 12th the USDA weighed in with their latest estimates of US crop production. In the report the USDA increased US corn production at 14.255 billion bushels with the US national yield sustained at 170.7 bushels per acre. At the same time the USDA increased soybean production to 4.26 billion bushels. This was based on a five million bushel increase based on expected harvested area at 48 bushels/acre.

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