Ontario Grain Farmer June/July 2021

ONTARIO GRAIN FARMING 101 Pre-COVID-19 Grain Farmers of Ontario Research and Agronomy teams led researchers, research staff and upper level students from local universities on an annual day long bus trip to local grain farms and end users; expanding participant’s knowledge on Ontario grain farming practices and the industry as a whole. As COVID-19 has put this tour on hold we will be introducing academia, researchers, students, provincial and federal government policy makers and other vital groups to Ontario Grain Farming 101, a virtual video series sharing on-farm information and experiences. Viewers will be able to meet Ontario grain farmers, learn how their businesses operate, hear the many decisions that need to be made year round and how they grow high-quality crops for domestic use and for export worldwide. The Ontario Grain Farming 101 videos will be available mid-June at gfo.ca/farming101. WHAT’S YOUR FOOD STORY? Good in Every Grain launched a new program this spring called What’s Your Food Story. What’s Your Food Story was developed to foster a sense of trust between Ontarians and their food, and the farmers that produce that food. This program will start a new conversation around food, having people share their food stories or moments in their life where food played a big role. The goal is to tie people’s thinking of food in a positive light and how it can be trusted — and the way it is produced can also be trusted. Join in on this celebration and movement as we grow the conversation around people’s diverse and unique food stories, and the ones we have in common to bring us together. For more information please visit www.whatsyourfoodstory.ca and stay up to date on contests, challenges and other ways you can get involved. Share your food story today. SIGN UP FOR GRAINTALK E-NEWS Get the latest farm news and important Grain Farmers of Ontario updates delivered to your inbox each week! Go online to www.gfo.ca and click on the button to subscribe. • 19 ONTARIO GRAIN FARMER JUNE/JULY 2021 Win! Enter the monthly online contest for 2021 at www.ontariograinfarmer.ca . In June and July — enter to win $500 in groceries. Prize payable as a President’s Choice gift card courtesy of What’s your food story?, a program of Good in Every Grain. The contest is open to all farmer-members and is online only. GRAINTALK PODCAST Have you listened to the GrainTALK podcast lately? Go to www.gfo.ca/GrainTALK to listen to interviews with chair Brendan Byrne, our agronomy team, and our government relations team. Plus access our complete library of past podcasts on mental health, HR on the Farm, and conversations with industry leaders. The GrainTALK podcast is produced every two weeks — and features a news update from Grain Farmers of Ontario, a feature interview, and an update from either our chair or CEO. There is always a conversation to have about the Ontario grain industry! The GrainTALK podcast can also be found on Apple iTunes, Google Play, and Spotify. MAGAZINE SUBSCRIPTION CHANGES Farmer-members and industry associates who have changes to their mailing address or wish to cancel their subscription to the Ontario Grain Farmer magazine can contact Phaedra McIntosh, Grain Farmers of Ontario database coordinator, at pmcintosh@gfo.ca or 519-767-4130. MARKET COMMENTARY by Philip Shaw It is a bullish time for grains. Forward futures months are inverted describing a situation where end users are paying a premium to get the grain now. July 2021 corn on April 23 at $6.32 vs December 2021 corn at $5.50 reflect that. Farther out, November soybeans and December corn show a bullish market structure. We are at profitable prices and it is set to continue into 2021 and 2022. The April 9 United States Department of Agriculture (USDA) report cut corn ending stocks to 1.352 billion bushels. Soybean stocks were maintained at 120 million bushels. The Canadian dollar continues to flutter around the 80 cent U.S. level, which is a full dime above a year ago. This always tempers Ontario cash grain prices, although at elevated futures levels, it has been a matter of degree. On April 23 the Canadian dollar closed at .80165 U.S.