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Grain Farmers of Ontario 2015 March Classic registration now open for Tuesday, March 24th

GUELPH, ON (January 20, 2015) – Grain Farmers of Ontario is pleased to announce that registration is now open for the March Classic, Ontario’s annual grain conference for farmers and industry, being held Tuesday, March 24th, 2015.

“The theme of this year’s conference is Ontario Grains: Growing Stronger Together and emphasizes the importance of working cooperatively across the agriculture sector and the value of communicating openly with the non-farming public,” says Meghan Burke, Communications Manager, Grain Farmers of Ontario.

Keynote speakers include the Rt. Hon. Joe Clark, P.C., C.C., and John Stackhouse, former Editor-in-Chief of the Globe and Mail. The day will also include Dr. Joe Schwarcz, Director of McGill University’s Office for Science & Society, well known for his informative and entertaining lectures discussing Agricultural Myths and Facts and Dr. Julie Miller Jones, Professor of Nutrition at the College of St. Catherine in St. Paul who will tackle the topic Grains and Health: Facts and Fables. The evening banquet will feature Greg Peterson, of the Peterson Farm Bros, famous for their parody music videos.

“This year’s speaker line-up is intended to educate, uplift, and motivate Ontario’s grain sector,” says Burke. “We have a lot to be proud of in this industry and we look forward to gathering on March 24th”.

The 2015 conference will be held Tuesday, March 24th at the London Convention Centre. Registration is now open at www.gfo.ca/MarchClassic. Those who register by January 31st will be entered to win a Good in Every Grain gift pack.

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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Leadership for Tomorrow: March 20, 2018, at the London Convention Centre.

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The 2017 Grain Farmers of Ontario Annual Report is now available.

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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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