Market Trends Report for October-November 2018

US and World

Combines are rolling across the American Midwest, Ontario and Quebec. Big crops are creating grain piles all over farm country amid some of the worst harvest weather in years. Heavy rains have inundated parts of Iowa and many other US states causing all types of harvest problems. It is one of the biggest crops ever in the United States. How big is the real question especially with the damaging harvest weather. On October 11th, USDA weighed in with their latest crop estimates. Continue reading “Market Trends Report for October-November 2018”

Ontario Grain Market Commentary for October 10, 2018

Commodity Period Price Weekly Movement
Corn CBOT December 3.59  06 cents
Soybeans CBOT November 8.51 11 cents
Wheat CBOT December 5.10  05 cents
Wheat Minn. December 5.92  02 cents
Wheat Kansas December 5.17  02 cents
Chicago Oats December 2.84  12 cents
Canadian $ December .7673  1.12 points

Continue reading “Ontario Grain Market Commentary for October 10, 2018”

Ontario Grain Market Commentary for October 3, 2018

Commodity Period Price Weekly Movement
Corn CBOT December 3.65  02 cents
Soybeans CBOT November 8.61  11 cents
Wheat CBOT December 5.15  02 cents
Wheat Minn. December 5.90 12 cents
Wheat Kansas December 5.19  02 cents
Chicago Oats December 2.75  17 cents
Canadian $ December .7793 0.85 points

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Grain Farmers of Ontario Congratulates Canadian Government on Successful USMCA Trade Agreement

GUELPH, ON (October 1, 2018) – Grain Farmers of Ontario, the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean, and wheat farmers, today offers its congratulations to the Canadian government for having successfully negotiated Canada’s inclusion in the United States-Mexico-Canada Agreement (USMCA). In particular, Grain Farmers of Ontario recognizes the hard work of Canadian negotiators, led by Minister Freeland, and the overall leadership of Prime Minister Trudeau. Continue reading “Grain Farmers of Ontario Congratulates Canadian Government on Successful USMCA Trade Agreement”

Ontario Grain Market Commentary for September 26, 2018

Commodity Period Price Weekly Movement
Corn CBOT December 3.63  15 cents
Soybeans CBOT November 8.50  20 cents
Wheat CBOT December 5.17  05 cents
Wheat Minn. December 5.77  09 cents
Wheat Kansas December 5.21  05 cents
Chicago Oats December 2.58 09 cents
Canadian $ December .7706  0.45 points

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Grains Innovation Fund Now Accepting Applications

GUELPH, ON (September 24, 2018) – Grain Farmers of Ontario, the province’s largest commodity organization, representing Ontario’s 28,000 barley, corn, oat, soybean and wheat farmers is now accepting applications for the 2019 Grains Innovation Fund. The Grains Innovation Fund supports the development of new and expanded products and processes using Ontario grain crops or crop residues. Continue reading “Grains Innovation Fund Now Accepting Applications”