Grain Farmers of Ontario optimistic about forthcoming trade agreement

GUELPH, ON (October 17, 2013) – Grain Farmers of Ontario welcomes the forthcoming agreement-in-principle for a free trade agreement between the European Union (EU) and Canada. The Comprehensive Economic and Trade Agreement (CETA) will benefit Ontario, and Canadian, corn, soybean, and wheat farmers.

“The EU is the largest buyer of Canadian soybeans with more than a million tonnes exported to the region annually,” says Barry Senft, CEO of Grain Farmers of Ontario. “We look forward to even greater trade with Europe with the implementation of CETA.”

Grain Farmers of Ontario supports more open international trade to curtail market access impediments and allow Ontario’s corn, soybean, and wheat farmers to compete on a level playing field in world markets. The announcement of the agreement with the EU will reduce trade barriers and allow the opportunity to develop new markets for Ontario grain.

“We have a positive export relationship with the EU and expect increased opportunities and market access for our farmer-members with the establishment of CETA,” says Senft. 

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.


Barry Senft, CEO - 1-800-265-0550;

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Grain Market Commentary for March 7, 2018

Wednesday, March 07, 2018

Commodity Period Price Weekly Movement
Corn CBOT May 3.87 ↑ 13 cents
Soybeans CBOT May 10.65 ↑ 10 cents
Wheat CBOT May 4.97  02 cents
Wheat Minn. May 6.20 02 cents
Wheat Kansas May 5.34  12 cents
Chicago Oats May 2.64  06 cents
Canadian $ March 0.7731 ↓ 0.65 points

Cash Grain prices as of the close, March 7, are as follows: SWW @ $238.66 ($6.50/bu), HRW @ $233.91/MT ($6.37/bu), HRS @ $248.62/MT ($6.77/bu), SRW @ $231.54/MT ($6.30/bu).

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Market Trends Report for March-April 2018

Monday, March 12, 2018

March is often a time in the grain markets where we can see movement in the production area of South America, which can be impacted by weather events. The big US crop has long been put away and is slowly moving out to end-users across the greater hinterland. Problems in Argentina with severe drought conditions have dominated the landscape over the last 30 days as prices have gone up to become much more volatile based on this weather market. Increasingly so, farmers need to watch the weather maps of South America to get clues of production conditions in the southern hemisphere.

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The USDA is starting in on their projection season. On February 22nd during their Outlook forum predictions for 2018 corn and soybean acres came in equally at 90 million acres. So let the games begin. An even bigger USDA report will come March 29th when the USDA releases its prospective plantings report. Markets will be focused on that day to see if there are any surprises.

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