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March Classic Registration Open and Early Bird Draw

Register for the 2017 March Classic

GUELPH, ON (January 5, 2017) – Registration is now open for the March Classic, Grain Farmers of Ontario's annual conference for farmers and industry, being held Tuesday, March 21, 2017. Attendees who register during the month of January will be entered in to an early bird draw.

"The theme of the 2017 March Classic is Leading Through Change, designed to inspire leadership through challenging times, as well as times of opportunity," says Barry Senft, CEO, Grain Farmers of Ontario. "We are proud to present this year's speaker line-up, thanks to the support of our sponsors and exhibitors."

Conference speakers include General Rick Hillier, David Frum, Jolene Brown, and Terry O’Reilly, with evening entertainment provided by comedian Jonny Harris. Topics will range from international policies and political shifts, to farm business succession planning, and the art of persuasion.

The March Classic is the largest grain-focused conference in Eastern Canada drawing upwards of 700 attendees from farms across Ontario, government, and industry and presenting over 60 agricultural exhibits in the tradeshow hall. The 2017 conference will be held at the London Convention Centre, London, Ontario.

Attendees are encouraged to pre-register by Tuesday, January 31 to be entered in an early bird draw for a Good in Every Grain soft shell jacket. Pre-registered attendees are also invited to skip the lines and pick-up their conference packages on the 2nd floor of the DoubleTree by Hilton during the evening reception, sponsored by SGS Canada, on Monday, March 20, 7:00-9:00pm. For more information and to register, visit: www.gfo.ca/MarchClassic.

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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Annual Report

The 2017 Grain Farmers of Ontario Annual Report is now available.

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Grain Market Commentary for December 6, 2017

Wednesday, December 06, 2017

Commodity Period Price Weekly Movement
Corn CBOT March 3.52  01 cents
Soybeans CBOT January 10.03  10 cents
Wheat CBOT March 4.25  10 cents
Wheat Minn. March 6.14  09 cents
Wheat Kansas March 4.23  06 cents
Chicago Oats March 2.48  15 cents
Canadian $ December 0.7835  0.50 points

Cash Grain prices as of the close, December 6, are as follows: SWW @ $178.23/MT ($4.85/bu), HRW @ $187.61/MT ($5.11/bu), HRS @ $238.74/MT ($6.50/bu), SRW @ $182.92/MT ($4.98/bu).

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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