WOMEN’S GRAIN SYMPOSIUM Save the date! Grain Farmers of Ontario will be hosting its annual Women’s Grain Symposium November 27 - 28 in Guelph. The two-day event will be an opportunity for women farmer-members to make connections with each other and participate in professional development. Please check www.gfo.ca for more details as they become available. NEW LICENCE FEES The Grain Farmers of Ontario Board of Directors has approved the 2023-2024 budget and check-off fees. The following fees are applicable as of July 1, 2023. Fees are calculated on a per-tonne basis. Please visit www.gfo.ca/marketing/dealers/ for more information. Fees as of July 1, 2023 Barley** $1.31/mt Corn * $0.44/mt Oats ** $1.46/mt Mixed oats and barley** $1.46/mt Soybeans* $1.48/mt Wheat* $0.86/mt *Includes GFP Premium ** GFP is not applicable to this commodity MARKET COMMENTARY by Philip Shaw On June 30, the United States Department of Agriculture (USDA) reported that American farmers had planted 94.1 million acres of corn, far above anything in trade estimates. It was the third-highest corn planting since 1944. While the corn acreage estimate was a major surprise, the same could be said for a big decline in soybean acreage. The USDA said soybean acreage at 83.5 million acres, which is five per cent lower than a year ago. The higher corn acreage and lower soybean numbers shocked the market, sending corn prices and soybean prices in opposite directions. Mid-July is a crucial stage for pricing; crop weather is paramount. On July 10, the Canadian dollar noon rate was $0.7523 U.S., adding some stimulus to Ontario grain prices. Ontario soft red wheat prices were fluttering near $7.25, much lower than a year ago. As market development assistant, McCulloch works closely with the Market Development team to help further the department's and the organization's goals, including online content development, account management, research, and analysis. ASA CORTEVA AGRISCIENCE YOUNG LEADER PROGRAM Applications are now being accepted for the 20232024 American Soybean Association (ASA) Corteva Agriscience Young Leader Program. One farmer or farming couple will be selected to represent Grain Farmers of Ontario in the program. There is no age limit for participation; however, farmers must be 21 years or older to apply and be selected; and applicants should be interested in pursuing leadership roles within the soybean industry. There are two phases to the Young Leader Program. Phase one will be held November 27 - 30, 2023, at Corteva Global Business Center in Johnson, Iowa. Phase two takes place February 27 - March 2, 2024, in conjunction with Commodity Classic in Houston, Texas. The program focuses on leadership, communications, and issues-based training but also builds a strong peer network, generating increased success in businesses and communities. Soybean farmers interested in this opportunity can complete the application form found on the ASA website at www.OntarioGrainFarmer.ca/asa-young-leader or contact Rachel Telford, manager of member relations, at rtelford@gfo.ca The deadline for applications is September 5, 2023. 2023 ANNUAL GENERAL MEETING The Grain Farmers of Ontario Annual General Meeting will be held on September 12, 2023, at the Craigowan Golf Club, 595838 Highway 59 N, Woodstock, from 8 a.m. – noon. A buffet breakfast and lunch will be served. The meeting will also be live-streamed. All farmer-members are invited to attend. The meeting is being held in conjunction with Canada's Outdoor Farm Show at the Discovery Farm in Woodstock, Ontario. Attendees of the AGM will receive a complimentary ticket to the show. For more information or to register, visit www.gfo.ca/agm. 19 ONTARIO GRAIN FARMER AUGUST 2023 Win! Enter the monthly online contest for 2023 at www.OntarioGrainFarmer.ca. In August - enter to win 1 of 5 pairs of tickets to the 2023 International Plowing Match, courtesy of the Ontario Plowman’s Association (valued at $40/pair). The contest is open to all farmer-members and is online only.
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