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GRAIN FARMERS OF ONTARIO CONGRATULATES NICOLE MACKELLAR, RECIPIENT OF THE GRAIN FARMERS OF ONTARIO SPONSORED NUFFIELD SCHOLARSHIP

GUELPH, ON (July 19, 2016) – Grain Farmers of Ontario is pleased to announce Nicole Mackellar, as the recipient of the 2017 Grain Farmers of Ontario sponsored Nuffield Scholarship. Mackellar plans to use the scholarship to study the possibilities for branding of commodities that are further processed into ingredients.

The Grain Farmers of Ontario sponsored Nuffield Scholarship is valued at $15,000 and goes to a selected grains and oilseed producer in Ontario to give them the opportunity to study internationally. To be considered for this scholarship, individuals must demonstrate that their study will benefit the Ontario Grains sector and community.

“I have seen the benefit that Nuffield Scholarships have made in the past through networking opportunities, new ideas and experiences, and we are pleased to again sponsor the Grain Farmers of Ontario Nuffield Scholarship,” said Barry Senft, CEO, Grain Farmers of Ontario. “I would like to offer my congratulations to Nicole and look forward to seeing her study progress to benefit the Ontario grains industry.”

With a push from consumers to buy local, Nicole plans to use the Nuffield Scholarship to study methods to brand end-use products, so they are recognized as containing Ontario grains.  She will look to other countries, like Australia, to develop the best model to increase both domestic and export sales.

“The Nuffield scholarship will allow me to connect with colleagues around the world and apply that to Ontario to help increase utilization and market share of Ontario grains,” said Nicole Mackellar, Manager of Market Development, Grain Farmers of Ontario. “This opportunity would not be possible without Nuffield Canada and Grain Farmers of Ontario.”

Mackellar obtained her honours B.A from McMaster University specializing in economics and psychology. She has nearly a decade of experience in the marketing industry and now works as Manager of Market Development for Grain Farmers of Ontario. Mackellar grew up on a beef and cash crop farm in Middlesex County, and continues to be active in its operations during the busy spring and fall seasons.

This is the second year Grain Farmers of Ontario has sponsored a Nuffield Scholarship. Tony Balkwill, last year’s recipient, is currently studying the challenges of accurately modernizing historical soil type maps into field specific management zones.

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 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 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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