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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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Grain Market Commentary for July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Special Post June 30 USDA Market Trends Report

Tuesday, July 04, 2017

US and the World

It can be an explosive time in the grain markets. Across the greater US corn belt corn, soybeans and wheat are showing great variability as we head into July. Historically, the July 4th weekend has always served as a market flashpoint as crops start to develop quickly and summer weather makes its impact. The June 30th USDA planted acreage estimates and quarterly stocks report also impact the market at this critical time. In 2017, we are here again and once again the USDA did provide some surprises for market action.

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In their June 30th USDA report many market observers were musing that US soybean acres may overtake US corn acres planted. However, that was not the case as USDA predicted US corn planting at 90.89 million acres and US soybean planting coming in at 89.51 million acres. US corn acreage is down 3.11 million acres from last year. The US soybean acreage was approximately 440,000 acres below pre report estimates, but still 7% higher than last year. All wheat acreage came in at approximately 45.66 million acres, which was the lowest since the USDA began keeping records in 1919.

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