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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 November 15, 2017

Thursday, November 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.38  10 cents
Soybeans CBOT January 9.75  15 cents
Wheat CBOT December 4.20  02 cents
Wheat Minn. December 6.25  11 cents
Wheat Kansas December 4.18  02 cents
Chicago Oats December 2.69  02 cents
Canadian $ December 0.7835  0.60 points

Cash grain prices as of the close, November 15 are as follows: SWW @ $182.95/MT ($4.98/bu), HRW @ $192.33/MT ($5.23/bu), HRS @ $251.44/MT ($6.84/bu), SRW @ $187.64/MT ($5.11/bu).

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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