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Second March Classic early bird winner announced

Press Release

GUELPH, ON (March 1, 2017) – Grain Farmers of Ontario would like to congratulate Donald Sanderson from Puslinch, Ontario for winning the second March Classic Early Bird draw. Donald has won a Good in Every Grain Soft Shell Jacket.

The March Classic is the largest grain-focused conference in Eastern Canada drawing upwards of 700 attendees from farms across Ontario, government, and industry. Speakers include General Rick Hillier, David Frum, Jolene Brown and Terry O’Reilly. Entertainment for the evening will feature Canadian comedian and actor Jonny Harris.

Back by popular demand, there will be a reception at the DoubleTree by Hilton hotel Monday, March 20th, from 7-9pm where pre-registered attendees will be able to skip the line at the conference and pick-up their name badges and meal tickets.

The 2017 March Classic will be held on March 21st at the London Convention Centre in London, Ontario. 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:

Meghan Burke, Communications – 519 767-2773; mburke@gfo.ca

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Grain Market Commentary for July 19, 2017

Wednesday, July 19, 2017

Commodity Period Price Weekly Movement
Corn CBOT September 3.82  03 cents
Soybeans CBOT November 10.12  25 cents
Wheat CBOT September 5.03  32 cents
Wheat Minn. September 7.75  06 cents
Wheat Kansas September 5.00  44 cents
Chicago Oats September 2.93  11 cents
Canadian $ September 0.7950  1.00 points

Harvest 2017 prices as of the close, July 19 are as follows:
SWW @ $218.72/MT ($5.95/bu), HRW @ $218.72/MT ($5.95/bu),
HRS @ $289.01/MT ($7.87/bu), SRW @ $217.90/MT ($5.93/bu).

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Market Trends Report for July-August 2017

Monday, July 24, 2017

It is a sizzling summer in the American heartland with North and South Dakota taking the brunt of a devastating drought, which has impacted spring wheat country. Temperatures across the American Midwest have been triple digit for much of July and it remains to be seen how this will impact corn and soybean crops in the United States. The 30-day forecast for the American Midwest is for a continuance of hot and dry weather.

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On July 12th the USDA weighed in with their latest estimates of US crop production. In the report the USDA increased US corn production at 14.255 billion bushels with the US national yield sustained at 170.7 bushels per acre. At the same time the USDA increased soybean production to 4.26 billion bushels. This was based on a five million bushel increase based on expected harvested area at 48 bushels/acre.

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