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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

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Grain Market Commentary for June 21, 2017

Wednesday, June 21, 2017

June 21, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.69  08 cents
Soybeans CBOT July 9.19  13 cents
Wheat CBOT July 4.65  22 cents
Wheat Minn. July 6.49  22 cents
Wheat Kansas July 4.68  11 cents
Chicago Oats July 2.59  04 cents
Canadian $ September 0.7525  0.25 points

Harvest 2017 prices as of the close, June 21 are as follows:

SWW @ $219.48/MT ($5.97/bu), HRW @ $217.05/MT ($5.91/bu),
HRS @ $267.34/MT ($7.28/bu), SRW @ $217.05/MT ($5.91/bu)

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Market Trends Report for June-July 2017

Monday, June 12, 2017

It is a critical time of the year for grain markets. Across the US corn belt as well as Ontario, farmers have been planting since mid April. It continues. As of May 28th 91% of US corn has been planted and 67% of US soybeans. There are wide variations on this theme as the Eastern and Southern corn belt has seen more of its share of wet weather causing many planting delays. As we move into late June it is a time where the US crop is setting up to be made and marketing decisions for that crop are accentuated by market volatility. The June 9th USDA report gave us another indication of the supply of grain in the US and around the world.

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