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Grain farming under attack by government

New Pesticide Regulations Impractical and Unrealistic

GUELPH, ON (November 25, 2014) – Grain Farmers of Ontario is confounded by today’s announcement by the government to reduce neonicotinoid use by 80% by 2017. The announcement flies in the face of numerous efforts and investments made by grain farmers across the province over the past two years to mitigate risks to bee health.

“This new regulation is unfounded, impractical, and unrealistic and the government does not know how to implement it,” says Henry Van Ankum, Chair of Grain Farmers of Ontario. “With this announcement, agriculture and rural Ontario has been put on notice – the popular vote trumps science and practicality.”

Grain Farmers of Ontario has invested in ongoing multi-year research projects to mitigate risks to bee health associated with neonicotinoids. In 2014, all 28,000 grain farmers across the province followed new best management practices and utilized a new fluency agent to minimize possible seed treatment exposure to bees. This year, 70% less bee deaths were reported.  

“A reduction at this level puts our farmers at a competitive disadvantage with the rest of the country and the rest of the North America,” says Barry Senft, CEO of Grain Farmers of Ontario. “It will mean smaller margins for grain farmers and could signal the transition away from family farms to large multinational farming operations that can sustain lower margins.”

Grain Farmers of Ontario has expressed its concerns over these regulations at all levels of government in recent meetings. A restriction at the 80% level is comparable to a total ban on the product, which the Conference Board of Canada estimates will cost Ontario farmers more than $630 million annually in lost revenue.

“At a time when the government is calling for more jobs, this is a step in the wrong direction,” says Van Ankum. “Canada’s Pest Management Regulatory Agency continues to license this product for the country and Ontario is now being forced to operate in isolation at an enormous competitive disadvantage – the livelihoods of countless farmers are in jeopardy.” 

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 July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Market Trends

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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