ONTARIO GRAIN FARMER GRAIN TALK 25 TELL US WHAT YOU THINK! WIN $100 TIM'S CARD We redesigned and modernized the Ontario Grain Farmer magazine last year, and we’d love to know what you think! Your feedback helps us improve future issues. Complete our magazine survey for a chance to win a $100 gift certificate from Tim Hortons. Take the survey at www.ontariograinfarmer.ca/magazine-survey or scan the QR code below. Survey open until March 31, 2026. The gift card winner will be drawn on April 1, 2026. Photo: L-R: Keith Black (former director, District 8), Jeff Klomps (director, District 8), Julie Maw (director, District 3) Market Commentary By Philip Shaw On January 12, the USDA raised its corn production estimate to 17.02 billion bushels, increasing the yield estimate to 186.5 bushels per acre. This was significantly higher than pre-report estimates. The USDA also bumped harvested acreage by 1.3 million acres, pushing it up to 91.3 million acres. This was a shock to the market and nearby corn futures plummeted 24 cents on the day. The USDA kept soybean yield unchanged at 53 bu./ac, putting the total domestic crop at 4.262 billion bushels in 2025. The report put a bearish pull on grain markets, which continued into February. The Canadian dollar has risen to US$0.73 (up from US$0.71), in part due to a precipitous drop in the U.S. dollar. Producers need to have standing market orders ready to take advantage of price rallies.
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