Ontario Grain Farmer September 2024

19 ONTARIO GRAIN FARMER SEPTEMBER 2024 Discover other ways to join the GrainTALK conversations; E-News, Webinars, Podcasts, Radio, Research Days, and events. Visit www.gfo.ca/GrainTalk. ASA CORTEVA AGRISCIENCE YOUNG LEADER PROGRAM Applications are now being accepted for the 20242025 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 upper age limit for participation; however, farmers must be 21 years or older to apply and be selected. Applicants should be interested in pursuing leadership roles within the soybean industry. The program focuses on leadership, communications, and issuesbased training and builds a strong peer network. Phase I of the 2024-25 Young Leader program will take place December 2-5 at Corteva’s Global Business Center in Johnston, Iowa. It continues February 28-March 4, 2025, in Denver in conjunction with the annual Commodity Classic Convention and Trade Show. Soybean farmers interested in this opportunity can complete the application form found on the ASA website, www.soygrowers.com. For more information, contact Rachel Telford, manager of member relations, at rtelford@gfo.ca. Grain Farmers of Ontario is an affiliate member of the American Soybean Association. WOMEN’S GRAIN SYMPOSIUM The Grain Farmers of Ontario’s Women’s Grain Symposium returns to the Delta Hotels Guelph Conference Centre November 25-26, 2024. The Women’s Grain Symposium is open to women who are grain farmers, active members of their family grain operation, or working within the grain sector of agriculture business with a direct connection to farmers. Registration is now open. The cost to attend is $125 and includes one-night accommodation at the Delta. The symposium features an opportunity for women in the grain industry to network and hear from industry-leading speakers, including Kendra Dauer, risk management specialist from Stone-X, Bethany Parkinson from the Canadian Mental Health Association, and Amber Mac, president of Amber Mac Media, and more. For more information or to register, visit www.gfo.ca/ about/womens-symposium/ or contact Rachel Telford, manager of member relations at rtelford@gfo.ca. FIELD OBSERVATIONS Grain Farmers of Ontario’s agronomist, Laura Ferrier, publishes a weekly field observations report on the Ontario Grain Farmer website and in the weekly GrainTALK e-newsletter. Find out more at www. OntarioGrainFarmer.ca. GRAINS IN ACTION 2025 – REGISTER NOW! Grain Farmers of Ontario is heading east with the 2025 Grains in Action program, February 10 – 13, 2025! An exciting new agenda is being developed with stops to include the Port of Johnstown, Kawartha Ethanol, and the Canadian Senate, among others. Participants will meet in Belleville for the start of the four-day bus tour. Young grain farmers aged 19 – 35 are invited to attend. Full details and registration are now available at www. gfo.ca/about/grains-in-action/. Space is limited to 30 participants. A waitlist will be in effect once capacity is reached. For more information contact Rachel Telford, manager of member relations, 226-979-5581, or rtelford@gfo.ca. MARKET COMMENTARY by Philip Shaw Crop prices slumped as we went into the end of July and the beginning of August after the United States Department of Agriculture (USDA) confirmed a huge crop being produced in the United States. On July 12, the USDA boosted U.S. corn production to 15.1 billion bushels, an increase of 240 million bushels from June. This was based on an increase in corn planted acres by 1.5 million acres to 91.5 million acres. U.S. yield was held at 181 bushels per acre. The USDA soybean estimate was down from June by 15 million bushels, set at 4.435 billion bushels. This was based on a 52 bushel per acre trendline yield. In Ontario, wheat harvest was early and eventful as constant wet weather made life difficult for wheat producers. With futures values slumping, the Canadian dollar was at .7220 cents U.S. as of July 30 and continues to add stimulus to Ontario cash grain prices.

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