News

Annual district meetings in progress

Grain Farmers of Ontario will be holding Annual District Grain Committee Meetings during the month of January. These meetings are called to receive reports, elect the District delegates, alternates, and directors, and conduct other business as may properly come before the annual meeting. All barley, corn, oat, soybean, and wheat farmers are encouraged to attend their local meeting.

The schedule of district meetings is here.

Business risk management reform proposed at FPT meeting

Press release

GUELPH, ON (May 11, 2017) – Grain Farmers of Ontario commends Minister Leal for shining a spotlight on the need for comprehensive reform of business risk management programs for farmers.

A Federal-Provincial-Territorial meeting of Ministers responsible for agriculture was held yesterday in Ottawa to discuss the next agricultural policy framework. At this meeting, Minister Leal proposed a review of business risk management programs. He also noted that Ministers have asked officials to continue to work on a path forward that would address business risk management and other aspects of the agricultural policy framework as part of an overall package that will be presented at their July Annual Conference.

"We commend Minister Leal for his leadership in addressing the need for a rebuild of business risk management programming," says Mark Brock, Chair of Grain Farmers of Ontario. "Our members appreciate the effort and collaboration involved to bring this important issue to the forefront of national discussions. Not only did Minister Leal represent Ontario farmers, but he spoke for all Canadian farmers today and we urge other provincial Ministers to join and support him."

Grain Farmers of Ontario is pleased to see continued momentum towards reforming these programs. Good risk management programming ensures farmers have the confidence and security to continue producing high quality crops for our country, investing back into their farms and their land, and innovating to improve farming practices for the future.

"Managing risk is an ongoing and critical aspect of farming," notes Brock. "Yesterday's discussion was timely as the recent flooding events across Ontario are a strong reminder of the unpredictability that farmers work with each year."

Grain Farmers of Ontario, along with Canada's AgGrowth Coalition, will continue to drive the importance of this issue at both the provincial and national levels.

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:

Mark Brock, Chair - 519-274-3297; cropper01@hotmail.com

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.

Read it now or download a .pdf.


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Grain Market Commentary for January 17, 2018

Wednesday, January 17, 2018

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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