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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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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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