Elevator Address

2518 Lockhead Rd
North Gower, ON K0A 2T0
1-855-SOY-CORN(769-2676)
Office: 613-489-0956
Fax: 613-489-0957
info@northgowergrains.com

Mailing Address

6830 4th Line Rd
North Gower, ON K0A 2T0
1-855-SOY-CORN(769-2676)
Office: 613-489-0956
Fax: 613-489-0957
info@northgowergrains.com


Daily News

Wednesday, October 17, 2018, 6:55 a.m. – Yesterday was a negative day for our markets.  Harvest corn closed down 3, harvest soybeans were down 6 3/4, spot winter wheat closed down 1 1/2 and spot spring wheat closed down 4 1/4.  In the overnight trading corn is just back on the positive side, soybeans are flat and both spring and winter wheats are still on the negative side.  Oil closed up $0.14 yesterday at $71.92 per barrel.  It is weaker this morning with it now trading at $71.46 per barrel.  Our dollar started out yesterday morning at $0.771 US and then went up to $0.774 US around lunch time.  It has trended lower since that time with it trading this morning at $0.772 US. 
The negative tone to the markets yesterday was probably just a minor correction after the strong price rally on Monday.  Turnaround Tuesday seemed to take hold on the down side.   It looks like harvest weather in the US has turned back to the positive side with an extended dry but cool forecast over the next 2 weeks.  This will be a much needed break from the recent wet weather that has negatively affected harvest progress. 
Soybean prices in Brazil are currently at their highest price in 5 months.  Supplies in their country are limited as China has been purchasing the majority of their exports.  The US will be the main soybean supplier to the world market until the new not yet planted South American Crop is available next year.  Soybean prices should be supported by this.  Unfortunately this will not occur until the market sees that exports from the US have increased.  Only time will tell.
Please call Geoffrey Guy at 613-880-2707 or Bob Orr at 613-720-1271 if you would like any direct ship pricing.  Prices quoted herein are for product at our elevator. 

  If you would like to receive our daily email (which is sent out at 8:00 a.m.) with our prices and the market commentary please call the office 613-489-0956

 


Canadian News
ICE Futures Canada Morning Comments October 17
ICE Futures Canada Afternoon Comments Oct 17

DTN Blogs & Forums


Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2018  374'2s
-1'0
 Harvest 2019  404'4s
-0'6

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2018  885'6s
1'0
 Harvest 2019  944'6s
-0'6

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  588'2s
-8'0
 Harvest 2019  614'6s
-5'0

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  517'4s
-6'0
 Harvest 2019  565'0s
-5'2

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  517'4s
-6'0
 Harvest 2019  565'0s
-5'2

Price as of 10/17/18 04:33PM CDT.
Month Symbols
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Local Conditions
North Gower, ON
Chg Zip Code: 
Temp: 7oC Feels Like: 4oC
Humid: 58% Dew Pt: -1oC
Barom: 29.86 Wind Dir: WNW
Cond: N/A Wind Spd: 22 km/h
Sunrise: 7:17 Sunset: 6:11
As reported at MASSENA, NY at 5:00 PM
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Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
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DTN Webinars

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 18 375'0 376'2 373'2 373'6 -1'0 374'2s 03:54P Chart for @C8Z
Mar 19 387'2 388'2 385'2 385'6 -0'6 386'4s 03:47P Chart for @C9H
May 19 394'0 395'0 392'2 392'6 -0'6 393'4s 02:51P Chart for @C9K
Jul 19 399'0 400'0 397'2 398'0 -0'6 398'4s 03:32P Chart for @C9N
Sep 19 400'0 400'6 398'4 398'6 -1'0 399'4s 03:31P Chart for @C9U
Dec 19 404'6 405'4 403'2 404'0 -0'6 404'4s 03:04P Chart for @C9Z
Mar 20 413'2 414'2 412'0 412'6 -1'0 413'0s 02:30P Chart for @C0H
May 20 419'2 419'2 418'6 418'6 -0'6 418'6s 01:20P Chart for @C0K
Jul 20 423'0 423'6 423'0 423'0 -0'4 423'2s 01:30P Chart for @C0N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 18 883'4 889'6 882'0 884'0 1'0 885'6s 03:59P Chart for @S8X
Jan 19 898'0 904'0 896'0 898'0 0'4 899'6s 02:30P Chart for @S9F
Mar 19 910'4 916'2 908'4 910'6 0'6 912'2s 02:32P Chart for @S9H
May 19 922'6 929'0 921'2 923'2 0'6 925'0s 03:57P Chart for @S9K
Jul 19 933'2 939'2 931'6 933'6 0'4 935'2s 02:33P Chart for @S9N
Aug 19 938'0 942'4 937'0 938'6 0'2 939'4s 01:30P Chart for @S9Q
Sep 19 942'0 943'6 938'6 938'6 -0'4 940'0s 01:30P Chart for @S9U
Nov 19 944'2 949'0 942'0 942'6 -0'6 944'6s 03:56P Chart for @S9X
Jan 20 955'0 958'2 955'0 958'2 -0'6 955'4s 01:30P Chart for @S0F
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 18 596'0 597'0 586'6 587'0 -8'0 588'2s 03:32P Chart for @MW8Z
Mar 19 604'0 606'0 596'0 596'2 -7'4 597'2s 02:40P Chart for @MW9H
May 19 611'0 611'0 603'6 603'6 -7'2 604'0s 03:47P Chart for @MW9K
Jul 19 612'4 612'4 611'2 612'4 -4'6 611'0s 03:28P Chart for @MW9N
Sep 19 618'4 618'4 615'0 615'0 -5'0 614'6s 01:31P Chart for @MW9U
Dec 19 625'0 625'0 621'6 621'6 -3'6 622'4s 01:31P Chart for @MW9Z
Mar 20 635'0 -3'2 628'6s 01:31P Chart for @MW0H
May 20 Chart for @MW0K
Jul 20 Chart for @MW0N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 18 528'2 528'2 519'6 520'0 -7'0 521'0s 02:44P Chart for @KW8Z
Mar 19 551'0 551'6 544'0 544'4 -7'0 545'2s 01:30P Chart for @KW9H
May 19 562'6 562'6 556'2 557'4 -6'0 558'0s 01:30P Chart for @KW9K
Jul 19 568'0 568'0 561'0 562'4 -5'4 563'0s 01:30P Chart for @KW9N
Sep 19 581'6 581'6 575'4 578'0 -6'0 577'2s 01:20P Chart for @KW9U
Dec 19 597'4 598'4 597'2 598'4 -6'0 597'6s 01:30P Chart for @KW9Z
Mar 20 610'2 610'2 610'2 610'2 -5'6 610'0s 01:20P Chart for @KW0H
May 20 621'4 -6'0 611'6s 01:20P Chart for @KW0K
Jul 20 607'6 -5'4 602'0s 01:20P Chart for @KW0N
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 18 524'0 524'4 516'0 516'4 -6'0 517'4s 03:58P Chart for @W8Z
Mar 19 544'0 544'0 536'4 537'0 -5'4 538'0s 03:25P Chart for @W9H
May 19 554'6 554'6 548'0 548'2 -5'4 549'0s 01:20P Chart for @W9K
Jul 19 560'6 560'6 553'0 554'0 -4'6 554'4s 01:30P Chart for @W9N
Sep 19 568'2 569'6 564'0 565'2 -5'2 565'0s 01:30P Chart for @W9U
Dec 19 583'6 583'6 578'4 580'4 -5'2 579'6s 01:30P Chart for @W9Z
Mar 20 595'2 595'6 592'2 592'2 -5'0 591'2s 01:20P Chart for @W0H
May 20 597'2 597'2 597'0 597'2 -5'2 598'2s 01:20P Chart for @W0K
Jul 20 597'4 597'4 593'6 594'0 -5'2 594'6s 01:30P Chart for @W0N
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