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Grain Farmers of Ontario announces new board of directors

GUELPH, ON (March 17, 2014) – Grain Farmers of Ontario is pleased to announce the 2014 Board of Directors with a new Director for District 8. The Board consists of 15 Directors representing the interests of our farmer-members across the province. Each one draws upon their own grain farming experience and dedication to community leadership for the betterment of our organization and the future of the grain industry.

The 2014 Board of Directors:    

District 1 (Essex) – Leo Guilbeault

District 2 (Kent) – Mark Huston

District 3 (Lambton) – Dave Park

District 4 (Middlesex) – Joe Thomson

District 5 (Elgin, Norfolk) – Scott Persall

District 6 (Haldimand, Brant, Hamilton, Niagara) – Gerry Prentice

District 7 (Waterloo, Oxford) – Kevin Armstrong

District 8 (Huron) – Keith Black

District 9 (Perth) – Mark Brock

District 10 (Grey, Bruce, Wellington) – Henry Van Ankum

District 11 (Dufferin, Simcoe, Halton, Peel, York) – Colin Elliott

District 12 (Durham, Northumberland, Kawartha, Peterborough, Hastings) – Joe Hickson

District 13 (Prince Edward, Lennox, Addington, Frontenac, Lanark, Leeds, Grenville, Renfrew, Ottawa) – Don Kenny

District 14 (Prescott, Russell, Stormont, Dundas, Glengarry) – Markus Haerle

District 15 (Northern Ontario) – Kevin Runnalls

Directors will now serve two-year terms, following a recent change in our election process approved through a regulatory review under the Farm Products Marketing Act. These new terms are being phased-in, and began with Directors in even numbered districts this year. Two-year terms for Directors in odd-numbered districts will begin next year. This will create more stability and consistency within the leadership of Grain Farmers of Ontario.

The Executive Committee has also been elected with a new Executive Member:

Chair – Henry Van Ankum

Vice Chair (2) – Mark Brock, Mark Huston

Executive Member – Markus Haerle

“Grain Farmers of Ontario’s Board of Directors remains committed to the core values and strategic goals of the organization and looks forward to another successful year,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “We will continue to focus on research, market development and government policy to ensure the best opportunities are available for grain farmers.”

To learn more about our Directors, go to the ‘About us’ section at www.gfo.ca

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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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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