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Grain Farmers of Ontario congratulates Greenfield Specialty Alcohols on winning the 2013 Private Business Growth Award

GUELPH, ON (December 2, 2013) – GreenField was chosen from ten finalists from across the country from a jury panel of eight notable business and academic representatives, and was announced as the winner at the Private Business Growth Award Gala in the Ballroom of the Royal York Hotel in Toronto on November 19, 2013.

GreenField's accomplishments are a testament to how Ontario’s Renewable Fuels commitment has delivered to improve our environment while growing Ontario’s agri-economy.  Ontario’s ethanol mandate creates jobs, produces cleaner fuel for cars on the road and results in a predictable market for the corn grown by Grain Farmers of Ontario members.

“Ethanol is a clean, local fuel that provides a dependable market for Ontario grain farmers,” says Henry Van Ankum, Chair, Grain Farmers of Ontario. “Agriculture in Ontario is fortunate to have an innovative company like GreenField Specialty Alcohols that adds value to our farmer-members in Ontario and we congratulate them on winning this prestigious award.”

The annual award was presented for the first time this year and aims to recognize private Canadian businesses that successfully create growth beyond the top and bottom line through a wide range of activities. 

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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