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


Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  316'2s
-7'2
 Harvest 2016  325'0s
-7'0
 Harvest 2017  366'6s
-6'2

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2016  967'2s
-8'2
 Harvest 2017  932'4s
1'0

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2016  492'6s
-11'6
 Harvest 2017  524'2s
-11'2

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2016  407'4s
-16'2
 Harvest 2017  471'2s
-12'6

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2016  407'4s
-16'2
 Harvest 2017  471'2s
-12'6

Price as of 08/26/16 11:47PM CDT.
Month Symbols
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Local Forecast
North Gower, ON
Chg Zip:

Saturday

Sunday

Monday

Tuesday

Wednesday
High: 27°C
Low: 15°C
Precip: 0%
High: 28°C
Low: 17°C
Precip: 30%
High: 27°C
Low: 16°C
Precip: 0%
High: 28°C
Low: 14°C
Precip: 30%
High: 26°C
Low: 16°C
Precip: 30%
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Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
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Daily News
Friday August 26, 2016, 7:10 a.m. - Yesterday was a another negative day for our markets being led on the down side by soybeans.  Harvest corn closed down 4, soybeans down 29 3/4, winter wheat down 2 3/4 and spring wheat down 4 1/4.  In the overnight trading corn, soybeans and spring wheat are negative with winter wheat being on both sides of the ledger.  Oil closed up about $1 yesterday at $47.33 per barrel.  Overnight it is down slightly with it currently trading at $47.22 per barrel.  Our dollar has followed oil over the last day with it now at $0.775 U.S.. 
Soybean prices were hit hard yesterday as the thought of higher yields this year in the U.S. is being reinforced with the Pro Farmer Tour soybean pod count.  The strong numbers coming out of the tour plus the current favourable weather is leading to rumours of an even higher average yield then the USDA has projected.  I found one report this morning looking at 50 bushels per acre for the U.S. this year compared to the 48.9 bushel average the USDA last reported.  Soybean prices are also being hit by a fall off in soymeal futures and demand.  Remember soymeal demand was what led this market to its large rally earlier this year.  One final thought on soybeans, yesterday very strong weekly export numbers were released and this positive news was pushed aside by the production numbers above. 
The International Grains Council released a report that shows increased world wide production this year for corn, soybeans and wheat.  This basically backs up recent USDA projections.  One thing to note is a potential concern of lower protein wheat that is being produced in many areas.  Ths should lead to strong premiums for higher protein wheat.  However I do not see this occuring in our markets due to the overabundance of good quality wheat in Ontario. 
Friday's thought: The only exercise some people get is running their mouth, jumping to conclusions and pushing their luck!   
Please call Geoffrey Guy at 613-880-2707 if you would like any direct ship pricing.  We have prices right up to next years harvest.  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.

DTN Market Matters Blog
Katie Micik
Markets Editor
Monday, August 22, 2016 2:39PM CDT
Flooding in the Louisiana Gulf area is affecting crops and transportation, but the effects on basis have been slight.
Monday, August 15, 2016 1:27PM CDT
Monday, August 8, 2016 12:39PM CDT

DTN Crops News
Friday, August 26, 2016 7:32AM CDT
Mycogen Seeds is changing its pricing strategy in 2017, as smaller companies trim their portfolio, and most larger companies stay the course.

Friday, August 19, 2016 12:55PM CDT
A dubious anniversary for resistant weeds, heat-loving wheat insects and surprises from the corn genome complete this week's Crop Tech Corner.

Tuesday, August 16, 2016 9:12AM CDT
The rise of pyrethroid-resistant soybean aphids has prompted entomologists to speak out against false marketing claims that encourage overuse of insecticides.


Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 16 323'4 325'2 315'6 316'6 -7'2 316'2s 03:57P Chart for @C6U
Dec 16 332'0 334'0 324'4 325'2 -7'0 325'0s 03:58P Chart for @C6Z
Mar 17 342'0 343'4 334'2 335'0 -7'4 334'4s 03:18P Chart for @C7H
May 17 349'0 350'4 341'4 342'2 -7'2 341'6s 03:33P Chart for @C7K
Jul 17 358'0 358'0 348'6 349'4 -6'6 349'0s 02:51P Chart for @C7N
Sep 17 363'0 364'0 356'0 356'4 -6'6 356'2s 01:30P Chart for @C7U
Dec 17 373'2 374'0 366'2 366'6 -6'2 366'6s 01:30P Chart for @C7Z
Mar 18 384'0 384'0 377'6 378'4 -5'6 377'0s 01:30P Chart for @C8H
May 18 387'0 387'2 387'0 387'2 -5'4 382'2s 01:20P Chart for @C8K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Sep 16 996'4 1002'2 982'4 989'6 -7'4 990'6s 02:36P Chart for @S6U
Nov 16 974'2 980'2 960'4 967'0 -8'2 967'2s 03:58P Chart for @S6X
Jan 17 976'2 982'0 963'0 969'4 -7'6 969'6s 01:30P Chart for @S7F
Mar 17 978'4 981'6 963'4 970'2 -6'0 970'4s 01:30P Chart for @S7H
May 17 975'0 981'2 965'0 971'2 -4'4 972'0s 01:30P Chart for @S7K
Jul 17 976'2 982'0 966'4 973'4 -3'0 973'6s 01:30P Chart for @S7N
Aug 17 970'0 976'0 963'4 969'0 -1'2 969'2s 01:30P Chart for @S7Q
Sep 17 947'6 947'6 947'6 947'6 0'4 949'6s 01:30P Chart for @S7U
Nov 17 930'2 938'0 926'6 932'2 1'0 932'4s 01:30P Chart for @S7X
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Sep 16 496'2 499'6 491'4 494'0 -5'2 492'4s 01:40P Chart for @MW6U
Dec 16 503'6 504'4 491'6 493'0 -11'6 492'6s 03:14P Chart for @MW6Z
Mar 17 515'2 516'2 504'0 506'0 -11'2 505'0s 03:35P Chart for @MW7H
May 17 522'6 523'0 513'6 515'4 -11'0 514'6s 03:35P Chart for @MW7K
Jul 17 535'0 535'0 523'4 524'0 -11'2 524'2s 03:35P Chart for @MW7N
Sep 17 545'2 545'2 535'0 535'0 -10'4 534'6s 01:40P Chart for @MW7U
Dec 17 557'2 557'2 549'2 549'2 -10'2 549'4s 01:40P Chart for @MW7Z
Mar 18 590'0 0'0 590'0s 01:30P Chart for @MW8H
May 18 584'0 0'0 584'0s 01:30P Chart for @MW8K
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Sep 16 405'2 406'6 388'4 389'2 -15'6 389'6s 02:31P Chart for @KW6U
Dec 16 431'4 433'4 415'4 416'2 -15'4 416'6s 03:41P Chart for @KW6Z
Mar 17 449'0 449'4 431'6 432'4 -15'6 432'6s 02:44P Chart for @KW7H
May 17 458'6 459'2 442'4 443'0 -15'4 443'2s 02:44P Chart for @KW7K
Jul 17 469'2 469'4 452'4 453'2 -14'4 453'6s 02:31P Chart for @KW7N
Sep 17 485'0 485'0 470'0 470'0 -14'4 470'0s 01:30P Chart for @KW7U
Dec 17 507'2 507'6 494'0 494'4 -13'2 494'4s 01:21P Chart for @KW7Z
Mar 18 520'0 -14'4 506'2s 01:20P Chart for @KW8H
May 18 534'4 -15'0 504'4s 01:20P Chart for @KW8K
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Sep 16 401'2 402'2 381'0 382'2 -17'6 383'4s 03:45P Chart for @W6U
Dec 16 422'2 424'4 405'0 406'2 -16'2 407'4s 03:00P Chart for @W6Z
Mar 17 446'4 447'4 429'2 431'0 -14'6 432'0s 02:52P Chart for @W7H
May 17 460'0 460'6 444'2 445'4 -14'0 446'6s 02:52P Chart for @W7K
Jul 17 469'2 470'0 453'4 455'0 -14'2 455'6s 01:30P Chart for @W7N
Sep 17 485'0 485'0 470'0 470'0 -12'6 471'2s 01:20P Chart for @W7U
Dec 17 504'0 504'0 491'6 492'4 -11'2 492'4s 02:30P Chart for @W7Z
Mar 18 512'0 512'0 512'0 512'0 -10'2 509'2s 01:20P Chart for @W8H
May 18 516'0 -10'2 516'0s 01:20P Chart for @W8K
My Custom Markets
Symbol Open High Low Last Change Close Time More

 
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