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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 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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