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Grain Farmers of Ontario applauds royal assent of Bill C-18

GUELPH, ON (March 2, 2015) – Grain Farmers of Ontario commends Minister Ritz and the Government of Canada for moving the Bill C-18, the Agricultural Growth Act, into law.

“We are very pleased that Bill C-18 has received Royal Assent,” says Mark Brock, Chair of Grain Farmers of Ontario. “The changes to the Agricultural Growth Act harmonize Canada with UPOV-91, bringing us in-line with our competitors around the globe and allowing Canadian farmers improved access to agricultural innovation and technology.”

Of particular importance to grain farmers are the updated Plant Breeders’ Rights (PBR). The modernized PBRs signal opportunities for increased investments in plant breeding in Canada. For Ontario farmers, this will mean increased access to seed varieties and new seed genetics.

“Moving this bill into reality will help Ontario’s grain farmers remain competitive internationally while providing food and fuel for our province,” says Brock. “We thank all those involved in the amendments to Bill C-18 and we look forward to supporting the government with its implementation.” 

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:

Mark Brock, Chair - 519-274-3297; cropper01@hotmail.com

Meghan Burke, Communications – 519 767-2773; mburke@gfo.ca

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Grain Market Commentary for June 21, 2017

Wednesday, June 21, 2017

June 21, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.69  08 cents
Soybeans CBOT July 9.19  13 cents
Wheat CBOT July 4.65  22 cents
Wheat Minn. July 6.49  22 cents
Wheat Kansas July 4.68  11 cents
Chicago Oats July 2.59  04 cents
Canadian $ September 0.7525  0.25 points

Harvest 2017 prices as of the close, June 21 are as follows:

SWW @ $219.48/MT ($5.97/bu), HRW @ $217.05/MT ($5.91/bu),
HRS @ $267.34/MT ($7.28/bu), SRW @ $217.05/MT ($5.91/bu)

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Market Trends Report for June-July 2017

Monday, June 12, 2017

It is a critical time of the year for grain markets. Across the US corn belt as well as Ontario, farmers have been planting since mid April. It continues. As of May 28th 91% of US corn has been planted and 67% of US soybeans. There are wide variations on this theme as the Eastern and Southern corn belt has seen more of its share of wet weather causing many planting delays. As we move into late June it is a time where the US crop is setting up to be made and marketing decisions for that crop are accentuated by market volatility. The June 9th USDA report gave us another indication of the supply of grain in the US and around the world.

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