GFO Newsletter for October 2011
GET THE LATEST NEWS FROM GRAIN FARMERS OF ONTARIO
Annual District Meeting Schedule
Everything you need to know about the Annual District Meetings can be found on the gfo website at http://gfo.ca/AboutUsMain/GFOEventCalendar/DistrictAnnualMeetings.aspx. •
Upcoming Market Trends Report
A new Market Trends report written by Phillip Shaw is now available on www.gfo.ca.
In addition to Philip’s usual commentary on corn markets, future reports will be expanded to include wheat and soy market analysis. •
Let us buy you a coffee
Grain Farmers of Ontario wants to know how you think we’re doing. Feedback from our members plays an important role in guiding our activities and we’d like to buy you a coffee and hear what you have to say.
Starting in November, Grain Farmers of Ontario and the Ontario Grain Farmer magazine will be launching a joint survey to find out how we’re doing. Look for it online and in the November issue of the magazine. Everyone who completes the questionnaire will be entered to win a great prize of coffee for a year! •
Sign up today for the Bottom Line
Get the latest farm news and important GFO updates delivered to your inbox each week! The Bottom Line is Grain Farmers of Ontario’s weekly e-newsletter that highlights GFO’s latest activities, breakthroughs in research and timely production information.
Sign up today and get your weekly dose of GFO in a concise, once-a-week email. Go online to www.gfo.ca/media/thebottomline to sign up now. •
Grain Farmers of Ontario has a successful AGM
The Annual General Meeting of Grain Farmers of Ontario was Thursday, Sept 8 in Guelph.
The meeting brought together our delegates to hear reports on GFO’s activities over the past year and to have meaningful discussion on a number of diverse resolutions that effect our farmer-members.
The financial reports for GFO’s first full fiscal year were presented and are very positive.
The 2011 fiscal (ending May 31, 2011) ended with an operating surplus of $4 million and with net assets of $21 million. This surplus, as explained at the meeting, is due to the good yields and quality of the 2010 crop. It’s also this surplus that has allowed GFO to lower licence fees for the 2011 year. Tom Farfaras, finance manager at GFO also reported that the expenses of the organization came in under budget.
The meeting also featured interesting speakers including David Phillips from Environment Canada who shared his thoughts on overarching weather trends and why weather seems to matter so much to Canadians, especially farmers.
Attendees also had an opportunity to hear from John DePutter who spoke on market trends.
To see the detailed reports from each manager at GFO and for a complete look at our financials, check out our Annual Report here: http://gfo.ca/AboutUsMain/AnnualReportandStrategicPlan.aspx. •
