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Grain Farmers of Ontario encouraged by PMRA consultation

GUELPH, ON (December 16, 2013) – Grain Farmers of Ontario responded to the Pest Management Regulatory Agency’s (PMRA’s) call for public input on its Notice of Intent regarding bees and neonicotinoid pesticides during the 90-day comment period made available to stakeholders, which closed last week.

A standardized letter was available for members to submit in response to the consultation.  Neonicotinoid seed treatment is an important tool to manage risk from insect damage for the farmer-members of Grain Farmers of Ontario. The letter requested policymakers to stay on course with a science-based regulatory process that will benefit all involved and highlighted the importance of treated seed to grain farmers across the province.

“We appreciate the chance to express our need for these products during the consultation period,” says Barry Senft, CEO of Grain Farmers of Ontario. “We hope to continue collaboration with all stakeholders to find a solution that works for both beekeepers and farmers. The consultation period allowed us to focus on the importance of sound science and our farmers’ need for technology. ”

The Grain Farmers of Ontario submission is available for viewing at www.gfo.ca. The consultation period for the Notice of Intent closed yesterday. Results will be made available on the Health Canada website. 

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 August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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