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Grain Farmers of Ontario joins the Healthy Grains Institute

GUELPH, ON (August 27, 2013) – Grain Farmers of Ontario is proud to announce that it is now a member of the Healthy Grains Institute as a means of expanding our engagement in promoting the nutritional benefits of Canadian grains.

The Healthy Grains Institute was launched in 2012 as an authoritative group of leading scientists and health practitioners committed to providing science-based information to Canadians about the benefits of whole grains.

“The objective of the institute aligns with our market access initiatives by tackling the misconceptions about grain-based foods in a scientific fashion,” says Nicole Mackellar, Market Development at Grain Farmers of Ontario. “Working with scientific advisors and registered dieticians across Canada gives us unprecedented insight to the perceptions of grains, while also understanding the nutritional benefits.”

The Institute has determined many areas where public perception and scientific information diverge. Continuing to investigate and monitor these misconceptions is critical to understanding market challenges and opportunities.

“It’s very important that consumers get the facts, not the myths, about the important role of whole grains and a balanced diet in promoting good health. The Healthy Grains Institute, driven by Canadian leaders in the field of crop genetics, health and nutrition, is taking a strong role in reaching consumers with the truth about grains,” according to Lynda Kuhn, Chair, Healthy Grains Institute.  

“We are looking forward to working with the other members of the Healthy Grains Institute, including associations, industry, and the scientific community, to ensure a strong future for Ontario grains,” says Mackellar. 

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 November 15, 2017

Thursday, November 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.38  10 cents
Soybeans CBOT January 9.75  15 cents
Wheat CBOT December 4.20  02 cents
Wheat Minn. December 6.25  11 cents
Wheat Kansas December 4.18  02 cents
Chicago Oats December 2.69  02 cents
Canadian $ December 0.7835  0.60 points

Cash grain prices as of the close, November 15 are as follows: SWW @ $182.95/MT ($4.98/bu), HRW @ $192.33/MT ($5.23/bu), HRS @ $251.44/MT ($6.84/bu), SRW @ $187.64/MT ($5.11/bu).

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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