News

New date for 2014 March Classic

GUELPH, ON (January 6, 2014) – Grain Farmers of Ontario’s March Classic has a new date! This year it will be held on March 24th, 2014 at the London Convention Centre.

“Moving the conference back one week, from previous conferences, has allowed us to build the best speaker line-up to date,” says Meghan Burke, Manager of Communications at Grain Farmers of Ontario. “This date has changed from the initial announcement in the summer of 2013, so we encourage attendees to mark their calendars with the new date”.

This annual event is the largest grain-focused conference in Eastern Canada and is expected to draw upwards of 700 attendees from farms across Ontario, government, and industry. The theme for 2014 is Launching Ontario Grains to New Heights and the conference will host speakers in the areas of science and innovation in agriculture, leadership, and grain marketing.

“Every year we are challenged to build on the excitement and success of the previous conference,” says Burke. “With keynote speaker Chris Hadfield we are anticipating a full house, so we strongly encourage people to register early.”

Those who register by January 31st will be entered into an early-bird draw for a $25 gas gift card. The complete speaker line-up will be released in the coming weeks. For more information and to register, visit www.gfo.ca/marchclassic.

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

Henry Van Ankum, Chair - 519-835-4200; henryvanankum@sympatico.ca

Meghan Burke, Communications – 519 767-2773; mburke@gfo.ca

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Leadership for Tomorrow: March 20, 2018, at the London Convention Centre.

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Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

Read it now or download a .pdf.


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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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