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Investment in wheat research to benefit Ontario farmers

GUELPH, ON (November 7, 2013) – Grain Farmers of Ontario acknowledges the Government of Canada for its $12.5 million contribution to the National Wheat Improvement Program through the Growing Forward 2 (GF2) AgriInnovation Program.

The National Wheat Improvement Program is a five year (2013-2018) industry and AAFC collaboration. In total, the program is a $25.2 million investment to improve wheat varieties for Canadian producers. It is led by the Western Grains Research Foundation (WGRF) in collaboration with the Canadian Field Crop Research Alliance (CFCRA), the Alberta Wheat Commission (AWC) and Agriculture and Agri-Food Canada (AAFC).

“Grain Farmers of Ontario is grateful for the Federal Government’s support of the Wheat Cluster. We are excited to be involved in this truly national wheat breeding program.” says Henry Van Ankum, Chair of Grain Farmers of Ontario, which is a founding member of the CFCRA. “Combined, CFCRA members are contributing more than $1.7 million toward the activities of the Cluster.”

The goal of this research is to create wheat lines that provide higher yields, have enhanced quality characteristics desired by end users, and have improved disease and pest resistance, with a particular emphasis on Fusarium resistance.

Fusarium was a major concern for Ontario wheat producers this year due to the wet weather we experienced,” says Van Ankum. “Research into Fusarium resistance will help ensure we maintain the quality of our crop.” 

Five research projects in Ontario will receive funding through this program.

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.

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 January 17, 2018

Wednesday, January 17, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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Commodity Period Price Weekly Movement
Corn CBOT March 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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