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March Classic early bird winner

GUELPH, ON (February 2, 2017) – Grain Farmers of Ontario would like to congratulate Kevin O'Rourke of Dublin, ON as the winner of January's March Classic early bird draw! Kevin will be receiving a Good in Every Grain soft shell jacket.

Everyone who registers for the March Classic before the end of February, including those who registered in January, will be eligible to win a second early bird prize from Good in Every Grain.

The deadline for the second early bird draw to win a Good in Every Grain soft shell jacket is February 28, 2017. The 2017 March Classic will be held on March 21 at the London Convention Centre in London, ON. For more information and to register, click here.

"We look forward to seeing farmer-members and grain industry representatives at this year's March Classic and anticipate another great turnout," says Meghan Burke, Communications Manager. "Past conferences have drawn more than 700 people; we encourage attendees to take advantage of the early bird registration draw for a chance to win a Good in Every Grain jacket."

To skip the line at the conference, pre-registered attendees will be able to pick-up their name badges and meal tickets on the 2nd floor at the DoubleTree by Hilton hotel Monday, March 20, from 7-9pm.

For those looking for accommodations, a room block is available at the DoubleTree by Hilton hotel until February 18th 2017. Use code “GFI” to book under Grain Farmers of Ontario room block.

Call: Direct Line: (519) 439-1661 or 1 800 HILTONS

Website: doubletree.hilton.com/en/dt/groups/personalized/Y/YXUKSDT-GFI-20170320/index.jhtml?WT.mc_id=POG

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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Register for the March Classic

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Leadership for Tomorrow: March 20, 2018, at the London Convention Centre.

Register here


Annual Report

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

Read it now or download a .pdf.


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Grain Market Commentary for January 17, 2018

Wednesday, January 17, 2018

Grain Farmers of Ontario farmer-members are invited to attend two full-day marketing seminars on grain marketing: Intro to Futures & Options, as well as the more advanced Options & Technical Analysis.

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Commodity Period Price Weekly Movement
Corn CBOT March 3.53  04 cents
Soybeans CBOT March 9.69  15 cents
Wheat CBOT March 4.21  13 cents
Wheat Minn. March 6.12  22 cents
Wheat Kansas March 4.27  13 cents
Chicago Oats March 2.54  09 cents
Canadian $ March 0.8060  0.80 points

Cash Grain prices as of the close, January 17, are as follows: SWW @ $176.58/MT ($4.81/bu), HRW @ $181.14/MT ($4.93/bu), HRS @ $231.22/MT ($6.29/bu), SRW @ $176.58/MT ($4.81/bu).

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Market Trends Report for January-February 2018

Monday, January 15, 2018

US and World

Winter weather blows across North American farm country as another year has gone and we greet 2018. The 2017 growing season was very uneven across North America, but memories of that are fading. Grain prices have suffered under the specter of big crop numbers that have been projected by both the USDA and private analysts throughout 2017. The January USDA report is always the final report on the crop year that past. On January 12th the USDA released a plethora of crop numbers, which will define the grain marketplace for the coming year.

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On January 12th, the USDA increased 2017 US corn production to 14.6 billion bushels, on a harvested acreage of 82.7 million acres. The average yield was increased to 176.6 bushels per acre, which was 2 bushels above the 2016/17 crop. 2017/18 corn ending stocks were raised to 2.48 billion bushels. Total corn usage was actually reduced to 14.470 billion bushels, down from 14.485 last month. US exports are down and US ethanol corn usage was down from December. Corn stored on December 1 was 12.516 billion bushels, which was above trade expectations.

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