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Grain Farmers of Ontario welcomes barley and oats

GUELPH, ON (July 6, 2015) – Grain Farmers of Ontario is pleased to announce the addition of barley and oat farmers to its membership.

Official July 1, 2015, barley and oat farmers have joined Grain Farmers of Ontario, which also represents the provinces corn, soybean, and wheat farmers.

“We are proud to see our organization grow with the inclusion of these two important grain crops,” says Mark Brock. “We look forward to supporting the province’s barley and oat farmers, just as we do our current membership, through research, market development, advocacy, and public and member relations.”

Ontario harvests about 250,000 acres of barley and oats annually. Farmers delivering barley and oats to a grain elevator this summer will be charged a check-off fee to Grain Farmers of Ontario. Fees are:

Barley $1.30/mT
Oats $1.65/mT
Mix of Barley and Oats $1.65/mT

Farmer-members are reminded that barley and oats are not covered by the Grain Financial Protection Plan.

“A barley and oats welcome celebration will also be hosted in the Grain Farmers of Ontario tent at Canada’s Outdoor Farm Show,” says Barry Senft, CEO of Grain Farmers of Ontario. “We look forward to meeting our new members at this gathering and at our annual general meeting in September.”

Questions about barley and oat representation should be directed to Valerie Gilvesy, Member Relations at Grain Farmers of Ontario – vgilvesy@gfo.ca or 226-979-5581. 

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, 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 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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