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

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Weekly Commentary

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Grain Market Commentary for September 20, 2017

Wednesday, September 20, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.50  01 cents
Soybeans CBOT November 9.70  11 cents
Wheat CBOT December 4.50  07 cents
Wheat Minn. December 6.22  12 cents
Wheat Kansas December 4.48  05 cents
Chicago Oats December 2.46  08 cents
Canadian $ December 0.8115  0.75 points

Harvest 2017 prices as of the close, September 20 are as follows:
SWW @ $190.53/MT ($5.19/bu), HRW @ $199.60/MT ($5.43/bu),
HRS @ $241.11/MT ($6.56/bu), SRW @ $195.06/MT ($5.31/bu).

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Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

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On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

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