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Grain Farmers of Ontario wraps up tractor cab town halls

GUELPH, ON (June 9, 2014) – Grain Farmers of Ontario has successfully completed its series of three Tractor Cab Telephone Town Halls.

Jeff Leal, Liberal candidate for Peterborough, and the Party’s Minister of Rural Affairs at the time the election was called, joined the Town Hall discussion on Friday, June 6. Farmers then heard from NDP Agriculture Critic John Vanthof, candidate for Timiskaming-Cochrane, on Monday, June 9. We would like to thank both Leal and Vanthof and their respective parties for participating in this important exercise.

“These Tractor Cab Telephone Town Halls helped us to understand each party’s position on agriculture and specifically hear their position on the key priorities we have identified for Smart Growth,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “They allowed our farmer-members to become involved in the election process without stopping their work in the field.”

Grain Farmers of Ontario would like to thank Progressive Conservative candidate, Ernie Hardeman, Liberal Candidate, Jeff Leal, and NDP candidate, John Vanthof for participating in the series of Tractor Cab Town Halls and answering questions from farmer members across the province.

More details on the Tractor Cab Telephone Town Halls and Grain Farmers of Ontario’s recommendations for Smart Growth can be found at www.gfo.ca/GovernmentRelations.    

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 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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