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Tractor cab telephone town halls

GUELPH, ON (May 21, 2014) – Grain Farmers of Ontario is pleased to offer a series of Tractor Cab Telephone Town Halls over the next 3 weeks.

“These Telephone Town Halls will ensure our farmer-members can be part of the election discussions,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “With planting delayed across the province, our members will be working the fields during the election campaigns and will not be able to attend many of the election activities and events.”

The Progressive Conservative party has confirmed their involvement in the upcoming Telephone Town Halls. At this time, Grain Farmers of Ontario is awaiting confirmation from the other parties.

“We feel this is an important opportunity for the candidates to communicate with our members,” reinforces Van Ankum. “Our members represent rural Ontario and raise important issues as they consider new leadership for the province – and we want to support the election process through facilitating dialogue.”  

The Telephone Town Halls will allow farmer members to call-in to the meetings from the cab of their tractors, as they plant the important acres of grain Ontario relies on. The schedule and details of these Town Halls will be posted on www.gfo.ca shortly. 

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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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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