News

Research funding ensures future of Ontario grains

GUELPH, ON (September 9, 2013) – Grain Farmers of Ontario wishes to express their optimism for the future of Ontario grains following today’s announcement of funding for a breeding project led by the Canadian Field Crop Research Alliance (CFCRA) under Growing Forward 2 (GF2).

The “Canadian Field Crop Genetics Improvement Cluster”, a five-year, $10.3 million initiative, will bring together researchers from the public and private sectors to enhance the genetics of grain corn, soybeans, oats, and barley in order to produce high-yielding, low input, disease-resistant varieties.

“This research will address the unique climate and specialized markets of Ontario while also meeting the need for value-added traits that deliver higher levels of nutrition and improved processing attributes,” says Barry Senft, CEO of Grain Farmers of Ontario. “Any promising varieties that are developed as a result of this research are expected to be commercialized, ensuring our farmers will remain competitive.”

Grain Farmers of Ontario is pleased that the federal government recognizes the importance of plant breeding through their investment in this initiative. We believe it will build upon the success of a previous breeding project completed by the CFCRA under the initial Growing Forward program.

Grain Farmers of Ontario is a member of the CFCRA, a not-for-profit entity founded in 2010 with an interest in advancing the genetic capacity of field crops in Canada, particularly corn, soybean, wheat, barley, and oat. 

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

Stay in touch

Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

Read it now or download a .pdf.


Subscribe to the Bottom Line

Subscribe to The Bottom Line, the weekly newsletter that helps our members stay on top of all the news that affects their bottom line.

Read the latest issue (September 22, 2017)

Subscribe


Inside Grain Farmers of Ontario

New episodes every week.

Episode 57: Communications: The CNE


Follow us

twitter   linkedin   youtube

Weekly Commentary

Get Aggregated RSS

Grain Market Commentary for September 20, 2017

Wednesday, September 20, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.50  01 cents
Soybeans CBOT November 9.70  11 cents
Wheat CBOT December 4.50  07 cents
Wheat Minn. December 6.22  12 cents
Wheat Kansas December 4.48  05 cents
Chicago Oats December 2.46  08 cents
Canadian $ December 0.8115  0.75 points

Harvest 2017 prices as of the close, September 20 are as follows:
SWW @ $190.53/MT ($5.19/bu), HRW @ $199.60/MT ($5.43/bu),
HRS @ $241.11/MT ($6.56/bu), SRW @ $195.06/MT ($5.31/bu).

Read more

Market Trends

Get Aggregated RSS

Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

Listen to the podcast

On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

Read more

sustainability
mobile apps