17 ONTARIO GRAIN FARMER OCTOBER 2024 HARVEST the WAVE Elevate your yield with Maizex, your trusted source for high-performance corn, soybeans, and now forage seed. Contact your local Maizex representative today. FIELD by FIELD | maizex.com Ride the wave to higher yields. Maizex_OGF_Harvest_3.46X8.865_8_24.indd 1 8/26/24 11:17 AM Spain imported Ontario wheat for the first time in the 2022-2023 crop year, bringing in 48.6 kilotonnes. Europe and the U.K. continue to lead as Ontario’s largest corn export markets, representing 78 per cent of Ontario’s corn exports on average over the past five years. This comes alongside first-time imports from Panama, Puerto Rico, Trinidad and Tobago, and Venezuela’s second-ever import of Ontario wheat, which indicates potential for an emerging market in South America and Latin America. The emerging South and Latin American markets are not due to the CETA agreement but rather likely due to supply chain disruptions caused by the Russian-Ukrainian war and the decline of the Argentinian economy. It certainly will be interesting to see if this trend continues, as it represents a new Ontario wheat market. Grain Farmers of Ontario continues to focus market development work for corn, soybeans and wheat in the EU and UK, with customer and government engagements planned for October 2024. Jack McMillan is Grain Farmers of Ontario’s market development assistant (co-op). •
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