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Ontario wheat quality scoop indicates protein levels up in 2013

GUELPH, ON (October 16, 2013) – The Results of the 2013 Ontario Wheat Quality Scoop Program are now available.

A joint effort between the Canadian Grain Commission and Grain Farmers of Ontario, with the cooperation of grain companies, the Quality Scoop Program provides wheat quality information to Ontario wheat producers, marketers and processors.

“The Ontario Wheat Quality Scoop Program provides timely and accurate information to the wheat industry within the province, and also to our global buyers, “says Todd Austin, Marketing Manager at Grain Farmers. “Ontario millers, bakers and food manufacturers rely on this information as a guide to the end use performance and functionality of the year’s crop.”

Representative samples are collected across the province as soon as the first wheat deliveries arrive at elevators and terminals. The samples are sent to the Canadian Grain Commission’s Grain Research Laboratory where they are combined by region, class and grade and are analyzed for parameters that reflect end-use quality and performance.

While Fusarium challenges were seen across the province, wheat graded 2 or higher saw exceptional quality results. Average protein levels for CESRW, CESWW and CEHRW were up almost a full percentage from 2012 averaging 9.5%, 9.9% and 11.1%. Falling numbers also remained strong across each class averaging 360 for CESRW, 370 for CESWW and 330 for CEHRW.

“These results are a direct indication of the work that farmers are doing on selecting varieties and management techniques that maximize quality and functionality” says Austin “Even in a year with as much variability as we had we still produced high quality wheat.”

 For the full 2013 report please visit http://www.gfo.ca/Production/QualityScoops

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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