Ontario Grain Farmer August 2024

17 ONTARIO GRAIN FARMER AUGUST 2024 WIN! Enter the August contest of the month at www.OntarioGrainFarmer.ca. In August — enter to win 1 of 5 pairs of tickets to the 2024 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. The program’s two components take place December 2-5, 2024, at Corteva Global Business Center in Johnson, Iowa and February 28-March 4, 2025, in conjunction with Commodity Classic in Denver, Colorado. Soybean farmers interested in this opportunity can complete the application form found on the ASA website, soygrowers.com or contact Rachel Telford, manager of member relations, at rtelford@gfo.ca. Grain Farmers of Ontario is an affiliate member of the American Soybean Association. ANNUAL GENERAL MEETING The Grain Farmers of Ontario Annual General Meeting will be held on September 10, 2024, 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. WOMEN’S GRAIN SYMPOSIUM SAVE THE DATE! Grain Farmers of Ontario will be hosting its annual Women’s Grain Symposium November 25-26 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. DECISION TOOLS AND CALULATORS Visit Field Crop News, www.fieldcropnews.com, to find the tools and resources formerly found on Ontario Corn Committee’s site (gocorn.net). • Corn Nitrogen Calculator • Corn Replant Decision Tool • Ontario Optimum Corn N Rate Estimator Delta Yield Tool • Ontario Corn Committee Hybrid Selector Tool • Ontario Manure Nutrient Calculator • Ontario Crop Residue Value Estimator 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 On June 12, the United States Department of Agriculture (USDA)weighed in with its latest WASDE report. USDA estimated a new crop corn at 14.86 billion bushels with a yield of 181 bushels per acre on 90 million planted acres, the same as in May. The new crop ending stocks are set at 2.102 billion bushels, while old crop stocks are at 2.022 billion bushels. On the soybean side of the ledger, the USDA also came in the same way as in May. USDA’s estimated 4.45 billion bushels of soybeans, with the national average yield at 52 bushels per acre. Ending stocks are set to come in at 455 million bushels. It has been a wet and delayed planting season in part of southwestern Ontario, which will certainly impact negatively on crop production. Ontario cash grain prices continue to benefit from a Canadian dollar fluttering near 73 cents U.S.•

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