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Grain Farmers of Ontario sponsoring 2015 Nuffield Scholarship

GUELPH, ON (January 13, 2015) – Grain Farmers of Ontario will be sponsoring a 2015 Nuffield Scholarship to an Ontario grain farmer, or Ontario grain industry representative, to explore an area of study that will provide direct benefit to the grain industry.

Nuffield Canada Agricultural Scholarships aim to expand the horizons of participants through travel, study, and networks. Nuffield scholars travel internationally to gather information, build relationships, and learn best practices.

“We want to encourage people to apply for this Scholarship opportunity,” says Henry Van Ankum, Chair, Grain Farmers of Ontario. “Nuffield scholars return from their travels with a global vision, unbeatable networks, and new ideas. This enables them to be better farmers, business managers, and leaders and we feel it will also allow them to make a significant contribution to the future of Ontario agriculture.”

The successful candidate will receive $15,000. Projects require a minimum of ten weeks of international study, six of which need to be consecutive.  Projects must be completed within two years.

Interested applicants should be between 25 and 45 and have some management experience. Application deadline is April 30, 2015.

For more information or to apply visit www.nuffield.ca or contact Kelvin Meadows, Chair of Nuffield Canada at 306 694-5338 or shelley.kelvin@gmail.com.

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:

Meghan Burke, Communications – 519 767-2773; mburke@gfo.ca

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Grain Market Commentary for August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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