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Practical and workable approach needed for pollinator health

GUELPH, ON (September 26, 2014) – Grain Farmers of Ontario is concerned with the direction of the Premier’s mandate letter to the Minister of Agriculture, specifically with respect to pollinator health and access to seed treatment.

“It’s critical that any action forward is made with a clear understanding of the realities of grain farming and careful consideration to the requirements of grain farmers,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “A misstep in the regulatory process, particularly at a time when crop prices are at a four year low, could mean the difference between profit and loss for countless grain farmers across the province.”

The mandate letter calls for an action plan for 2015 and further measures by 2016 to regulate the use of neonicotinoid pesticides. Grain Farmers of Ontario will continue to work with government to ensure a common sense approach is taken and looks forward to collaboration as the plan and measures are defined.

“Our members, and our industry as a whole, have demonstrated a strong commitment to the issue of pollinator health over the past two years,” says Van Ankum. “We know that our efforts to improve the situation are paying off with early indications from Health Canada reporting a decline in bee deaths over the past year.”

Grain Farmers of Ontario expects that any changes to regulations around the use of neonicotinoids will be guided by grain industry experts to ensure a practical and logical course of action is taken.

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:

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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