Ontario Grain Farmer August 2022

NEW LICENSE FEES The Grain Farmers of Ontario Board of Directors has approved the budget and check-off fees. Here are the check-off fees for all grain settlements occurring on July 1, 2022 or after. Fees are calculated on a per tonne basis. For more information, visit www.gfo.ca/marketing/dealers/. Fees as of July 1, 2022 Barley** $1.29/mt Corn * $0.41/mt Oats ** $1.41/mt Mixed oats and barley** $1.41/mt Soybeans* $1.42/mt Wheat* $0.85/mt *Includes GFP Premium **GFP is not applicable to this commodity 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 fee collection and reporting specialist, at pmcintosh@gfo.ca or 519-767-4130. MARKET COMMENTARY by Philip Shaw On June 10, the United States Department of Agriculture (USDA) maintained the U.S. corn crop at 14.6 billion bushels based on 89.5 million acres and a U.S. national yield of 177 bushels per acre. Soybeans remained at 4.640 billion bushels based on a record acreage of 91 million acres planted with a U.S. national yield of 51.55 bushels per acre. On June 30, the USDA released their latest estimates, which has the potential to change these numbers significantly. Hot and dry weather in U.S. Midwest fields might do the same going into July. In Ontario, cash prices have dropped based on the decrease in corn, soybean, and wheat futures prices. In fact, Ontario wheat prices have dropped $4 since May. The Canadian dollar is a savings grace, as of June 26 at 77.6 U.S. DECLARATION OF ELIGIBILITY OF GRAIN AT DELIVERY Grain farmers in Ontario will be required to fill out the Canadian Grain Commission (CGC) “Declaration of eligibility of grain at delivery” at CGC licensed terminal elevators and may be asked to complete the form at country elevators that are not licensed by the CGC but make sales to licensed terminal elevators. The declaration is required to fulfill Canada-U.S.- Mexico Agreement obligations to ensure that grain being delivered to CGC licensed elevators is a variety registered in Canada. The declaration form applies to crops that are subject to variety registration; and for which merit criteria applies as part of variety registration. Farmers are not required to declare the variety delivered, only that grain is produced from a registered variety. For more information, visit the CGC website. 2022 ANNUAL GENERAL MEETING The Grain Farmers of Ontario Annual General Meeting will be returning to an in-person format on September 13, 2022, at the Craigowan Golf Club, 595838 Hwy 59 N, Woodstock, from 8 a.m. – noon. Buffet breakfast and lunch will be served. The meeting will also be live-streamed. The meeting is held in conjunction with Canada’s Outdoor Farm Show, held at the Discovery Farm, Woodstock, September 13-15. More information and registration details will be posted on www.gfo.ca. 17 ONTARIO GRAIN FARMER AUGUST 2022 DECLARATION REQUIREMENTS Declaration required Declaration not required barley, beans, buckwheat, canola, fababeans, flaxseed, lentils, mustard seed, oats, peas, rapeseed, rye, triticale, wheat (including durum) canary seed, chickpeas, corn, safflower, soybeans (food grade), soybeans (oilseed), sunflower Win! Enter the monthly online contest for 2022 at www.OntarioGrainFarmer.ca. In August — enter to win 4 tickets to the 2022 event courtesy of International Plowing Match 2022 (prize valued at $100). Five prizes to be won throughout the month of August. The contest is open to all farmer-members and is online only.

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