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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 January 17, 2018

Wednesday, January 17, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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Commodity Period Price Weekly Movement
Corn CBOT March 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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