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Grain Farmers of Ontario announces new VP of Strategic Development

Press Release

GUELPH, ON (November 30, 2015) – Grain Farmers of Ontario is pleased to announce that Todd Younghans will become the new Vice President of Strategic Development.

Younghans will oversee key areas of the organization including research, market development, and communications. In this position, he will work with grain industry stakeholders, government, and the general public, both domestically and internationally to add value to Grain Farmers of Ontario farmer-members. Younghans will start his new role on January 4, 2016.

“We are delighted to have Todd join our organization,” says Barry Senft, CEO of Grain Farmers of Ontario. “He has a wide range of valuable experience, both personal and professional, and we look forward to having his expertise on our team.”

Younghans brings more than 15 years of experience within the agriculture industry and most recently served as the national account manager for BASF Canada Inc. He has previously held management roles with Valent Canada Inc. and Monsanto Canada Inc. He holds a BSc. in agriculture from the University of Alberta and an MBA from the University of Guelph.

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:

Barry Senft, CEO - 1-800-265-0550; bsenft@gfo.ca

Meghan Burke, Communications – 519 767-2773; mburke@gfo.ca

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Grain Market Commentary for June 21, 2017

Wednesday, June 21, 2017

June 21, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.69  08 cents
Soybeans CBOT July 9.19  13 cents
Wheat CBOT July 4.65  22 cents
Wheat Minn. July 6.49  22 cents
Wheat Kansas July 4.68  11 cents
Chicago Oats July 2.59  04 cents
Canadian $ September 0.7525  0.25 points

Harvest 2017 prices as of the close, June 21 are as follows:

SWW @ $219.48/MT ($5.97/bu), HRW @ $217.05/MT ($5.91/bu),
HRS @ $267.34/MT ($7.28/bu), SRW @ $217.05/MT ($5.91/bu)

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Market Trends Report for June-July 2017

Monday, June 12, 2017

It is a critical time of the year for grain markets. Across the US corn belt as well as Ontario, farmers have been planting since mid April. It continues. As of May 28th 91% of US corn has been planted and 67% of US soybeans. There are wide variations on this theme as the Eastern and Southern corn belt has seen more of its share of wet weather causing many planting delays. As we move into late June it is a time where the US crop is setting up to be made and marketing decisions for that crop are accentuated by market volatility. The June 9th USDA report gave us another indication of the supply of grain in the US and around the world.

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