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Major updates to Grain Farmers of Ontario SellSmart App in 2016

sellsmart iconOntario Grain Farmer readers are already very familiar with SellSmart, Grain Farmers of Ontario’s grain pricing app; users of the app will be pleased to know that a major update is coming this summer with some new features and improved functionality.

SellSmart was designed six years ago to assist farmers in Ontario in selling their corn, soy, and wheat by providing delayed futures pricing data from CBOT and adjusted cash prices for grain elevators across Ontario. A lot has changed since then – both for Grain Farmers of Ontario, which now also represents barley and oat growers – and in the world of mobile apps. SellSmart has been re-built from the ground up to meet new standards for accessibility and responsiveness. We have improved the user interface and added support for US dollar pricing; most importantly, the app will now be able to handle barley and oat pricing (although at this time pricing data is limited).

The new version of SellSmart is set for release in June 2016 for iOS, Android, and the BlackBerry BB10 operating system. Users with older BlackBerry devices will still have access to the old version of the app. 

If you don't already use SellSmart, you can download it now for iOSAndroid, or BlackBerry. You will be able to upgrade it for free when the new version is released.

Screenshots

new sellsmart splash screen new sellsmart crop selection screen new sellsmart price screen

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Weekly Commentary

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Grain Market Commentary for August 16, 2017

Wednesday, August 16, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.52  20 cents
Soybeans CBOT November 9.25  53 cents
Wheat CBOT September 4.20  44 cents
Wheat Minn. September 6.73  60 cents
Wheat Kansas September 4.20  24 cents
Chicago Oats September 2.60  10 cents
Canadian $ September 0.7898  0.15 points

Harvest 2017 prices as of the close, August 16 are as follows:
SWW @ $182.43/MT ($4.96/bu), HRW @ $189.46/MT ($5.16/bu),
HRS @ $254.49/MT ($6.93/bu), SRW @ $187.11/MT ($5.09/bu).

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Market Trends

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Market Trends Report for August-September 2017

Monday, August 14, 2017

US and World

It has been an uneven growing season in much of the American corn belt. The Western corn belt has been dry especially in the Dakotas, while the mid south and Eastern corn belt were inundated with heavy rains earlier in the spring. The forecast in late July turned cooler and wetter for all of the American corn belt. This new forecast essentially changed much of the outlook for the American crop, but still many analysts were expecting lower August USDA numbers reflecting some of the earlier tough conditions for US corn and soybeans. Anticipation of the August 10th USDA report was filled with expectations of lower yield projections.

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On August 10th, the USDA lowered their projected corn yield estimate to 169.5 bushels per acre down from their earlier projection of 170.7 bushels per acre and less than last year's 174.6 bushels per acre. At the same time the USDA raised soybean yield expectations to 49.4 bushels per acre up from their 48 bushels per acre earlier estimate. This pegged 2017/18-soybean production at 4.4 billion bushels. Both of these USDA estimates rocked the grain market August 10th, as it was a big surprise. With so much uneven weather affecting this crop in the field a US corn yield of 165-166 bushels per acre was a general trade estimate. Futures prices plummeted on this very bearish report.

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