Grain Farmers of Ontario landed basis (initial payment) price chart 2011 crop year

GUELPH, ON (July 07, 2011) – Grain Farmers of Ontario announces the initial payments for the 2011 pool program. These prices are based on current market conditions and represent an estimated 65% of the final price. “GFO’s pool program allows farmer members an opportunity to diversify their marketing risk during these volatile times.” Barry Senft C.E.O Grain Farmers of Ontario. In the past 7 years, five of those have paid more to pool participants than the cash price market available at harvest.

SWW (Pool A)
Gross landed basis price
Less license fee*
Net landed basis price
$152.00
$0.97
$151.03
HRW (Pool B) Grown from certified seed (proof required)
Gross landed basis price
Less license fee*
Net landed basis price
$157.00
$0.97
$156.03
HRS (Pool C) Grown from certified seed (proof required)
Gross landed basis price

Less license fee*
Net landed basis price
$172.00
$0.97
$171.03
SRW (Pool E)
Gross landed basis price
Less license fee*
Net landed basis price
$142.00
$0.97
$141.03
Hard Red (Pool F)
Gross landed basis price
Less license fee*
Net landed basis price
$142.00
$0.97
$141.03
Feed (Pool G)
Gross landed basis price
Less license fee*
Net landed basis price
$122.00
$0.97
$121.03

Notes: 

  • Landed Basis Levels are subject to change 
  • Classes HRW & HRS (Pools B & C) – plus protein payment 
  • Discounts will apply for lower grades 
  • Prices in metric tonne 

Please refer to the variety list on our website (http://www.gfo.ca/Marketing/WheatMarketing/InitialPayments) for the varieties accepted for Pool C (HRS). All varieties not accepted in Pool C (HRS) will be considered Pool F (HR). Please remember that Grain Farmers of Ontario requires a Form 7 producer declaration for all Pool B (HRW) and Pool C (HRS) wheat.

* Effective July 1 2011 every producer of wheat shall pay to the local board licence fees at the rate of $0.87 per metric tonne plus the Grain Financial Protection Plan fee of $0.10 per metric tonne, for a total of $0.97 (includes 10 cents for Grain Financial Protection Fund) per metric tonne, in respect of all wheat marketed by the producer.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, 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.

OMAFRA Extension Support

PRINCIPAL INVESTIGATOR

Horst Bohner

RESEARCH INSTITUTION

Ontario Ministry of Agriculture, Food, and Rural Affairs (OMAFRA)

PROJECT START

July 2011

PROJECT END

September 2018

OBJECTIVES

  • Enhance soybean extension efforts in Ontario to ensure growers have access to the most up to date information. This project focuses on three main areas: Improved Information Gathering, Enhanced Extension Efforts, and Breaking Issue Support.

IMPACT

  • The development and display of demonstration and research trials provides farmers and agronomists information on production strategies that was gathered and assessed to update best management strategies in soybean production.
  • The accessibility of timely, high quality information enables producers to make informed in-season management decisions.
  • The development and printing of the Ontario Soybean Field Guide and in the development of the soybean chapter in the new Agronomy Guide is an example of how the project supported extension efforts.

SCIENTIFIC SUMMARY

Agricultural extension (technology transfer) is a key component to ensure the ongoing competitiveness and sustainability of the Ontario grain sector. Agricultural Extension has a strong history in Ontario dating back to the establishment of the Ontario School of Agriculture at Guelph in 1874. Agricultural Extension is a general term referring to the education of farmers and agronomists with respect to the application of scientific research and new knowledge to agricultural practices. The first Agricultural Representatives were hired by the Department of Agriculture in 1906. Since then there has been a strong collaborative extension effort in Ontario. Today, the rapid development of new technologies drives the need for continued extension in the province. Extension is an area which is often difficult to support financially from either direct OMAFRA or external funding sources.

This project is dedicated to improvements in Agricultural Extension and is focussed on three main areas: Improved Information Gathering, Enhanced Extension Efforts, and Breaking Issue Support. Initiatives supported with the Enhanced Extension Efforts include: Phosphorus and potassium management, double cropping soybeans, foliar fungicide timing, soybean row width strategies, etc.

Information was disseminated through the following:

  • Grower meeting presentations
  • Delivery of findings via the “Crop” suite of extension vehicles (CropLine, CropAdvances, CropReport, CropPest)
  • Web reports available at www.fieldcropnews.com
  • Video delivery of findings through www.realagriculture.com
  • Presentations available through sliderocket
  • Media interviews and articles via many print media sources (Ontario Farmer, Top Crop Manager, etc.)
  • Radio delivery through regular farm broadcasts (CFCO, CKNX)

Grain Farmers of Ontario pleased with permanent risk management program

GUELPH, ON (June 29, 2011) – Grain Farmers of Ontario is pleased with the details that were finalized earlier this month regarding the permanent Risk Management Program and announced for Ontario’s 28,000 grain farmers by Minister Carol Mitchell today. 

The program was designed by farmers for farmers to insure their businesses against risk factors out of their control like commodity price volatility, currency fluctuations and unexpected input cost increases.

“We have been looking forward to the day our program was made permanent since our pilot Risk Management Program began in 2007,” says Don Kenny, Chair of Grain Farmers of Ontario.  “We are thankful to our Minister of Agriculture, Carol Mitchell for her hard work and dedication to Ontario’s farmers.”

Program applications for grain farmers will be available in August and the program will continue to be delivered through Agricorp.  All grain farmers are eligible for the Risk Management Program and premiums have been waived for the 2011 crop year.

Grain Farmers of Ontario would like to thank Premier McGuinty and our Ontario MPPs who recognize the value of a strong agricultural sector in this province.  

“We appreciate and look forward to having this permanent Risk Management Program for Ontario’s farmers,” says Kenny.

Details about the program are available at www.ontario.ca/rmp, by calling 1-877-424-1300, or by sending an email to rmpinfo@ontario.ca.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, 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.