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2017 Open Call for Research Proposals

GUELPH, ON (September 20, 2016) – Grain Farmers of Ontario has released its call for research proposals for funding in 2017. Investment in research is a long-term strategic initiative of Grain Farmers of Ontario.

“Grain Farmers of Ontario provides funding for research projects that address the present and future needs of our farmer-members,” says Josh Cowan, Manager of Research and Innovation, Grain Farmers of Ontario. “Last year, Grain Farmers of Ontario invested $1.7 million from farmer-members into research projects and leveraged those dollars through government and industry partnerships for a total research value of $7.3 million.”

The 2017 call for research proposals will target projects addressing four priority research areas: Agronomy and Production; Weed, Disease & Insect Pests; Breeding & Genetics, and Crop Utilization & Quality. Within these broad priorities, we are also specifically highlighting cover crop, phosphorous management, and crop utilization priorities. The updated 2017 Grain Farmers of Ontario research priorities are available online at gfo.ca/research.

“We are excited to see the new research ideas that are brought forward,” says Cowan. “Projects in the four priority areas will benefit farmer-members and their cropping systems.”

Interested researchers must submit the application form found at gfo.ca/research. Applications will be accepted until 4 p.m. on November 30, 2016. Should researchers have any questions, they are encouraged to contact Grain Farmers of Ontario to discuss their research proposals — contact Natalie DiMeo at ndimeo@gfo.ca or 519-767-4138.

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 over 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:

Josh Cowan, Manager, Research and Innovation - 519-767-4129; joshcowan@gfo.ca

Natalie DiMeo, Research Coordinator - 519-767-4138; ndimeo@gfo.ca

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Grain Market Commentary for October 12, 2017

Thursday, October 12, 2017

Commodity Period Price Weekly Movement
Corn CBOT December 3.49  06 cents
Soybeans CBOT November 9.92  34 cents
Wheat CBOT December 4.30  12 cents
Wheat Minn. December 6.12  02 cents
Wheat Kansas December 4.26  10 cents
Chicago Oats December 2.62  16 cents
Canadian $ December 0.8030  0.15 points

Harvest 2017 prices as of the close, October 12 are as follows: SWW @ $183.52/MT ($4.99/bu), HRW @ $192.67/MT ($5.24/bu), HRS @ $238.89/MT ($6.50/bu), SRW @ $188.09/MT ($5.12/bu).

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Market Trends Report for October-November 2017

Monday, October 16, 2017

It is that time of year again when combines are rolling. However, uneven weather in parts of the American corn belt and Ontario has delayed harvest. There is nothing particularly unusual about this as we have it every year. US crops are huge coming off the fields and the market will certainly be making further adjustments. The final determinant on yield will come in the January USDA report. However, the October USDA report released October 12th helped to re-focus the trajectory of grain prices as we head into the end of the 2017.

In the October 12th report USDA increased US national corn yield to 171.8 bushels per acre, an increase of 1.9 bushels per acre over their September estimate. This put 2017/2018-corn production at 14.28 billion bushels on the high-end of pre-report estimates. The USDA also pegged corn-ending stocks at 2.34 billion bushels, which was up 5 million bushels from their September estimate. This number was a bit of a surprise especially with which dry weather throughout the American Midwest the summer.

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USDA estimated soybean production to be at 4.431 billion bushels, which was a decrease from their September estimate. This was based on a .4 bushel/acre cut in US national yield down to 49.5 bushels per acre. However, the US soybean harvested acreage is at a record high of 89.5 million acres, which was up 1% from the USDA September estimate. The US domestic soybean ending stocks were also pegged at 430 million bushels, which was down 45 million bushels from their September estimate. This was generally looked at as bullish on report day and soybeans responded by going up $.26 a bushel. US domestic wheat stocks were set at 960 million bushels, which was 27 million bushels higher than their September estimate.

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