Signing of Canada-Korea free trade agreement

GUELPH, ON (September 25, 2014) – Grain Farmers of Ontario would like to congratulate the Canadian government and trade negotiators on the signing of the Canada-Korea Free Trade Agreement (FTA). 

The Canada-Korea (FTA) will create market opportunities for Ontario's corn, soybean, and wheat farmers that were previously unattainable. Specifically, it will open new markets for Identity Preserved soybeans and remove trade barriers that currently limit corn, soybean, and wheat exports.

“Ontario’s grain farmers hope to see significant market share increase with the FTA,” says Henry Van Ankum, Chair, Grain Farmers of Ontario. “We look forward to strengthening our relationship with the grain industry in Korea.”

The Canada-Korea FTA was signed on Monday, September 22nd, 2014. Although the date in which it will take effect is not yet known, both Canada and Korea are committed to having the FTA in place in 2015. 

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.


Henry Van Ankum, Chair - 519-835-4200;

Meghan Burke, Communications – 519 767-2773;

Stay in touch

#GrainTalk: Targeting Pest Management

On April 4, from 12:30 p.m. to 1:30 p.m, join our free #GrainTalk webinar to hear industry experts discuss early season field topics.

Register here

Subscribe to the Bottom Line

Subscribe to The Bottom Line, the weekly newsletter that helps our members stay on top of all the news that affects their bottom line.


Inside Grain Farmers of Ontario

New episodes every week.

Episode 74: Ottawa Valley Farm Show

Weekly Commentary

Get Aggregated RSS

Grain Market Commentary for March 7, 2018

Wednesday, March 07, 2018

Commodity Period Price Weekly Movement
Corn CBOT May 3.87 ↑ 13 cents
Soybeans CBOT May 10.65 ↑ 10 cents
Wheat CBOT May 4.97  02 cents
Wheat Minn. May 6.20 02 cents
Wheat Kansas May 5.34  12 cents
Chicago Oats May 2.64  06 cents
Canadian $ March 0.7731 ↓ 0.65 points

Cash Grain prices as of the close, March 7, are as follows: SWW @ $238.66 ($6.50/bu), HRW @ $233.91/MT ($6.37/bu), HRS @ $248.62/MT ($6.77/bu), SRW @ $231.54/MT ($6.30/bu).

Read more

Market Trends

Get Aggregated RSS

Market Trends Report for March-April 2018

Monday, March 12, 2018

March is often a time in the grain markets where we can see movement in the production area of South America, which can be impacted by weather events. The big US crop has long been put away and is slowly moving out to end-users across the greater hinterland. Problems in Argentina with severe drought conditions have dominated the landscape over the last 30 days as prices have gone up to become much more volatile based on this weather market. Increasingly so, farmers need to watch the weather maps of South America to get clues of production conditions in the southern hemisphere.

Listen to the podcast

The USDA is starting in on their projection season. On February 22nd during their Outlook forum predictions for 2018 corn and soybean acres came in equally at 90 million acres. So let the games begin. An even bigger USDA report will come March 29th when the USDA releases its prospective plantings report. Markets will be focused on that day to see if there are any surprises.

Read more

mobile apps