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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 October 12, 2017

Thursday, October 12, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.49  06 cents
Soybeans CBOT November 9.92  34 cents
Wheat CBOT December 4.30  12 cents
Wheat Minn. December 6.12  02 cents
Wheat Kansas December 4.26  10 cents
Chicago Oats December 2.62  16 cents
Canadian $ December 0.8030  0.15 points

Harvest 2017 prices as of the close, October 12 are as follows: SWW @ $183.52/MT ($4.99/bu), HRW @ $192.67/MT ($5.24/bu), HRS @ $238.89/MT ($6.50/bu), SRW @ $188.09/MT ($5.12/bu).

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Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

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