News

2016 Grains Innovation Fund open for proposals

GUELPH, ON (October 6, 2015) – Grain Farmers of Ontario has released its call for proposals for the 2016 Grains Innovation Fund.

A Market Development initiative, the Grains Innovation Fund is available to support the development of new and reformulated products and processes that have the potential to expand the markets for Ontario barley, corn, oat, soybean, and wheat crops or crop residues.

“Eligible projects will have a direct impact on Ontario grain farmers through an increase in returns to farmers or an increase in the use of Ontario grains,” says Barry Senft, CEO of Grain Farmers of Ontario. “Projects that demonstrate a return on investment for the grain industry as a whole – like increased infrastructure or a new processing facility – are also eligible.”

Projects which satisfy the eligibility criteria established for this fund can receive up to 60% of the cost of the project, up to a maximum of $50,000.

“We look forward to seeing what new innovations and ideas are out there,” says Senft. “It’s always invigorating to see increased investment in the Ontario grain industry and we hope to support some exciting growth opportunities for our industry.”

Interested companies must submit the application form found at www.gfo.ca/marketdevelopment. Prior to submission, companies are encouraged to contact Grain Farmers of Ontario to discuss their project idea – contact Nicole Mackellar at nmackellar@gfo.ca or 519-767-4124.

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

Stay in touch

Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

Read it now or download a .pdf.


Subscribe to the Bottom Line

Subscribe to The Bottom Line, the weekly newsletter that helps our members stay on top of all the news that affects their bottom line.

Read the latest issue (September 22, 2017)

Subscribe


Inside Grain Farmers of Ontario

New episodes every week.

Episode 57: Communications: The CNE


Follow us

twitter   linkedin   youtube

Weekly Commentary

Get Aggregated RSS

Grain Market Commentary for September 20, 2017

Wednesday, September 20, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.50  01 cents
Soybeans CBOT November 9.70  11 cents
Wheat CBOT December 4.50  07 cents
Wheat Minn. December 6.22  12 cents
Wheat Kansas December 4.48  05 cents
Chicago Oats December 2.46  08 cents
Canadian $ December 0.8115  0.75 points

Harvest 2017 prices as of the close, September 20 are as follows:
SWW @ $190.53/MT ($5.19/bu), HRW @ $199.60/MT ($5.43/bu),
HRS @ $241.11/MT ($6.56/bu), SRW @ $195.06/MT ($5.31/bu).

Read more

Market Trends

Get Aggregated RSS

Market Trends Report for September-October 2017

Monday, September 18, 2017

US and World

Across the US corn belt American farmers are starting to harvest another huge crop. The growing season was uneven with widespread drought in the Northwest plains and quite a wet start in the Eastern corn belt. This was accentuated by somewhat dry conditions in mid-summer, but it looks like good genetics and modern farming methods have won out. As we careen into October, US farmers are set to harvest their third-largest corn crop and the largest soybean crop ever.

Listen to the podcast

On September 12th the USDA released their latest estimates of US crops. USDA estimated US corn production would come in at 14.184 billion bushels, with an average yield of 169.9 bushels per acre. This was seen as a bit of a shock to the market as traders were expecting lower yield estimates. The USDA also increased 2017/18 ending stocks to 2.335 billion bushels, up 62 million from their August report. This US crop is approximately 6% less than last year with the yield 4.7 bushels per acre lower.

Read more

sustainability
mobile apps