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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 July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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