Ontario Grain Farmer JuneJuly 2023

SIGN UP TODAY FOR GRAINTALK E-NEWS Get the latest farm news and important Grain Farmers of Ontario updates delivered to your inbox each week! GrainTALK is Grain Farmers of Ontario’s weekly e-newsletter that highlights the organization’s latest activities, breakthroughs in research, and timely production information. Sign up today and get your weekly dose of Grain Farmers of Ontario in a concise email. Go online to www.gfo.ca and click on the button to subscribe. • PRIVACY POLICY Grain Farmers of Ontario is committed to responsibly collecting, using, and disclosing information in compliance with the provincial Freedom of Information and Protection of Privacy Act and the federal Personal Information Protection and Electronic Documents Act. When you voluntarily provide us with any information, we will NOT rent, sell, or otherwise disseminate your information to ANY third party. Please contact Grain Farmers of Ontario’s privacy officer at info@gfo.ca if you require additional information on privacy issues. MARKET COMMENTARY by Philip Shaw Grain prices have weakened into May as corn, soybean, and wheat futures have been below their 100-day moving average. The selling has been enhanced by fund selling and good planting progress in the United States. On April 10, United States Department of Agriculture (USDA) kept corn ending stocks at 1.342 billion bushels as well as corn export demand at 1.85 billion bushels. On the soybean side, there was little change with the USDA keeping 2022 - 2023 soybean ending stocks at 210 million bushels. In South America, the USDA raised Brazilian soybean production to 154 million metric tonnes. Argentinian soybean production was slashed to 27 million metric tonnes. The Canadian dollar fluttering in the 74 cent U.S. level has mitigated the weakness in grain futures. It continues to serve as a stimulus for Ontario grain prices. of the summer is always the Canada Day celebrations in Ottawa — we hope to see you there! Visit www.GoodinEveryGrain.ca/events for a schedule of events we will be attending and more information. AALP GRADUATION Grain Farmers of Ontario extends congratulations to Jeff Harrison, vice-chair of the Board of Directors and director for District 12 (Durham, Northumberland, Kawartha, Peterborough, Hastings), on his recent graduation from the Advanced Agriculture Leadership Program (AALP) as a member of Class 19. You can read more about Harrison’s experience as a member of AALP Class 19 on page 20. 2023 NUFFIELD SCHOLARSHIP PROGRAM The 2023 Nuffield Scholarship program is now accepting applications. The program, which has been operating for more than 70 years, offers mid-career professionals and farmers the opportunity to study an agricultural issue in a global context, including a minimum of 10 weeks of international travel. Scholarships are valued at $20,000. More information is available at www.nuffield.ca. Applications close June 30. Grain Farmers of Ontario supports a scholarship for an individual to study a topic that will advance the grain and oilseed sector in Ontario. You can read more about Nuffield Scholar Amy Cronin’s experience on page 12. MARCH CLASSIC GIVEAWAY PASSPORT WINNERS At the 2023 March Classic, attendees were encouraged to visit the trade show exhibitors to fill their “March Classic Passport” with stamps. Completed passports were entered into a prize draw. Congratulations to Dennis Kuepfer, who won a Hamilton Tigercats ticket package, Matt Howe, winner of a John Deere tool chest and tools, and the grand prize winner, Jeff Cook, who took home a “summer grillin’ and chillin’ prize pack.” 17 Discover other ways to join the GrainTALK conversation: E-News, Webinars, Podcasts, Radio, Research Days, and events. Visit www.gfo.ca/ GrainTALK. ONTARIO GRAIN FARMER JUNE/JULY 2023

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