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Grain Farmers of Ontario's recommendations for smart growth

GUELPH, ON (May 14, 2014) – Grain Farmers of Ontario has developed five smart growth recommendations for candidates in the upcoming provincial election. These recommendations will sustain and grow the grain and oilseed industry in the province.

  1. Adequate funding for the business risk management program

  2. Investment in a specialized soybean refining facility in Southwestern Ontario

  3. Support for the Processor Retention and Investment Attraction Program (PRIAP)

  4. Sustainable solution to pollinator health and a commitment to a national science-based approach

  5. Continued public research investments in longer-term issues facing Ontario farmers so that we may remain competitive with our larger acreage competitors

Grain Farmers of Ontario looks forward to meeting all of the candidates for the 2014 Ontario provincial election and to having fulsome discussions about these priorities for smart growth.

“Grain Farmers of Ontario’s smart growth strategy is about growing connections with the processing sector, opening world markets, managing risks, and ensuring access to new innovations,” says Henry Van Ankum, Chair, Grain Farmers of Ontario. “A value chain effort, stakeholder commitment, and smart government investments are needed to achieve sustainable growth.”

Grain Farmers of Ontario will be hosting a series of Tractor Cab Telephone Town Halls. 

Our farmer-members want to be part of the election discussion; however, due to the late spring, many of them are still in the field planting.  To help facilitate our farmer-members’ involvement in this year’s Ontario election, we are inviting a representative from each party to attend one of our three Tractor Cab Telephone Town Halls.  

Details on how farmers can participate in the Tractor Cab Town Halls will be posted online 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 July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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