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Ontario grains laboratory development underway

GUELPH, ON (January 5, 2016) – A joint venture agreement has been signed between Grain Farmers of Ontario and SGS Canada to develop the Ontario Grains Laboratory, a full analytical testing facility for cereal crops.

The laboratory is expected to be fully operational this spring to conduct a full suite of tests including rheological testing, physical dough and bake testing, protein levels, and more.

“This lab will be the first of its kind in our province and will position Ontario as a strong leader, for domestic and international markets, in cereal crops,” says Barry Senft, CEO of Grain Farmers of Ontario. “We are very pleased to officially announce this initiative with SGS Canada and we are confident that, upon completion, this lab will be a great asset to the grain industry.” 

The lab will be dedicated to Ontario cereal crops and housed in SGS’s existing testing facility in Guelph, Ontario. Once established, the lab will also offer full commercial services for Ontario, Canadian and North American millers and processors.

“SGS Canada currently provides inspection and testing services for the agriculture industry,” says Don Slobodzian, Vice President Agriculture and Food, SGS Canada. “The Ontario Grains Laboratory allows us to draw on our existing expertise to open a whole new penetration of our business for the Canadian market, especially in Ontario.”

The joint venture agreement was signed in December and development is well underway with equipment purchases and resource hiring. Grain Farmers of Ontario is investing in capital to develop the laboratory. In return, Grain Farmers of Ontario will receive a credit for services at the lab to be used to conduct their annual Ontario Wheat Quality scoop and other market development and research projects.  

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:

Nicole Mackellar, Manager, Market Development - 1-800-265-0550; nmackellar@gfo.ca

Fraser Gilbert, Senior Strategic Business Development, Agricultural Services, SGS Canada Inc. - 604-629-1890; fraser.gilbert@sgs.com

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Grain Market Commentary for May 31, 2017

Wednesday, May 31, 2017

May 31, 2017

Commodity Period Price Weekly Movement
Corn CBOT July 3.71  01 cents
Soybeans CBOT July 9.26  22 cents
Wheat CBOT July 4.30  02 cents
Wheat Minn. July 5.72  11 cents
Wheat Kansas July 4.31  01 cents
Chicago Oats July 2.48  10 cents
Canadian $ June 0.7402  0.45 points

Harvest 2017 crop cash prices as of close on May 31, 2017
SWW @ $198.22/MT ($5.39/bu), HRW @ $198.22/MT ($5.39/bu),
HRS @ $233.70/MT ($6.36/bu), SRW @ $198.22/MT ($5.39/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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