Grain Farmers of Ontario lowers fees

Grain Farmers of Ontario has announced license fees will be lowered for the 2012 crop year.

“Despite the planting challenges that were faced in the spring, 2011 was a good crop year,” said Barry Senft, CEO of Grain Farmers of Ontario (GFO).

“As a result the fee revenues from the 2011 crops exceeded our expectations. This, along with the strong beginning to our 2012 crop year, has provided us the opportunity to further lower license fees for our members.”

Beginning July 1, 2012 the license fees paid for corn, soybeans and direct marketed wheat (including GFP premium) are:

– corn $0.42/mT;

– soybeans $1.42/mT; and

– wheat $0.79/mT.

For further details on license fees visit www.gfo.ca/marketing/dealers.

About GFO

Grain Farmers of Ontario (GFO) is the province’s newest and largest commodity organization, representing Ontario’s 28,000 corn, soybean and wheat farmers.

Their crops cover 5 million acres of farm land, generate over $2.5 billion in gate receipts, result in $9 billion in economic output, and provide over 40,000 jobs.

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