GFO extends marketing hours

Grain Farmers of Ontario (GFO) has announced the wheat marketing department will extend its hours of marketing, in lieu of the new trading hours established by the Chicago Mercantile Exchange Group (CME) and other boards of trade.

Todd Austin, manager of GFO marketing said, “Instead of the traditional four-hour window to call in for prices, farmers can now call almost eight hours a day.”

As of May 21, CME’s Chicago Board of Trade (CBOT) Agricultural Commodity products are available for electronic trading 21 hours a day.

The GFO will extended their marketing hours to reflect this change.

Members can call the GFO marketing team from 8:45am to 3pm during market days. GFO’s marketing options are available during these times including forward contracting and basis contracting.

GFO also continues to provide pool options for members.

For more information, call 1-800-265-0550 or 519-767-6537.