News

New app from Grain Farmers of Ontario

GUELPH, ON (November 28, 2013) – Ontario Grain Farmer, the monthly magazine from Grain Farmers of Ontario, is now available for tablets through a new app.

The Ontario Grain Farmer app will allow users to read the current issue of the magazine, access related videos, and reference articles from previous issues. New issues of the magazine will be loaded onto the app automatically at the beginning of each month to keep readers updated.

“This new app is a great way to read the magazine and access interactive content,” says Rachel Telford, Editor of Ontario Grain Farmer. “We recognize the trend towards mobile technology and want to ensure we are meeting the needs of our farmer-members.”

Readers can also bookmark and share their favourite articles through email and Twitter directly from the app. “We look forward to the increased interaction this will promote between farmers,” says Telford. “We know they already like to save and share articles by passing around the printed magazine. Using the mobile app will make sharing even easier.”

All farmer-members will continue to receive the magazine in the mail. The free app is available for download for Android and Apple tablets from www.ontariograinfarmer.ca or from the iTunes store. 

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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Weekly Commentary

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Grain Market Commentary for September 20, 2017

Wednesday, September 20, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.50  01 cents
Soybeans CBOT November 9.70  11 cents
Wheat CBOT December 4.50  07 cents
Wheat Minn. December 6.22  12 cents
Wheat Kansas December 4.48  05 cents
Chicago Oats December 2.46  08 cents
Canadian $ December 0.8115  0.75 points

Harvest 2017 prices as of the close, September 20 are as follows:
SWW @ $190.53/MT ($5.19/bu), HRW @ $199.60/MT ($5.43/bu),
HRS @ $241.11/MT ($6.56/bu), SRW @ $195.06/MT ($5.31/bu).

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Market Trends

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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