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Grain Farmers of Ontario welcomes Minister of Agriculture and Agri-Food, the Honourable Lawrence MacAulay

GUELPH, ON (November 4, 2015) – Grain Farmers of Ontario congratulates and welcomes the Honorable Lawrence MacAulay, appointed today as Minister of Agriculture and Agri-Food.

“We are pleased to have Minister MacAulay receive this appointment and appreciate his past experience in agriculture,” says Mark Brock, Chair of Grain Farmers of Ontario.

The organization looks forward to working with the Minister on key issues, including adequate funding for safety net programs for farmers and a commitment to investment in public plant research.  Grain Farmers of Ontario also plans to raise the issue of a uniform regulatory environment across Canada with the new Minister.

“A top priority for our farmer-members is a significant re-design of the existing safety net programs to ensure effective business risk management for grain farmers,” says Brock. “We also look forward to seeing the federal government lead a positive change towards consistent regulatory environment across the country.”

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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Market Trends Report for July-August 2017

Monday, July 24, 2017

It is a sizzling summer in the American heartland with North and South Dakota taking the brunt of a devastating drought, which has impacted spring wheat country. Temperatures across the American Midwest have been triple digit for much of July and it remains to be seen how this will impact corn and soybean crops in the United States. The 30-day forecast for the American Midwest is for a continuance of hot and dry weather.

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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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