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Federal election issues for Ontario's grain industry

GUELPH, ON (August 10, 2015) – With the upcoming election, Grain Farmers of Ontario is looking to the federal government to demonstrate leadership on several key issues that are important to the future of agriculture.

The organization is asking for support in the areas of international trade and market access, risk management policy and programs including a review of the AgriStability program, increased research funding through Growing Forward 3, and support for the bio-economy including increasing the federal renewable diesel mandate to 5% by 2020.

Of particular importance, there is a strong request for the federal government to ensure that regulatory environments and that farmers’ access to new technology is equitable across the country.

“Farmers compete globally and Canada cannot afford to have a patchwork regulatory system that disadvantages one farmer in one part of the country,” says Mark Brock, Chair of Grain Farmers of Ontario. “We want Canada’s next government to take a leadership role in ensuring a predictable regulatory system for all farmers in Canada that is based on science and gives farmers the tools they need to be competitive.”

Grain Farmers of Ontario will actively share its key issues with politicians as the leadership campaign moves across the province.

“We look forward to collaborative discussions with the candidates throughout this campaign,” says Brock. 

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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Monday, July 24, 2017

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On July 12th the USDA weighed in with their latest estimates of US crop production. In the report the USDA increased US corn production at 14.255 billion bushels with the US national yield sustained at 170.7 bushels per acre. At the same time the USDA increased soybean production to 4.26 billion bushels. This was based on a five million bushel increase based on expected harvested area at 48 bushels/acre.

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