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

Monday, March 18, 2019, 6:55 a.m. – Friday was a nice positive day for our markets.  Spot corn closed up 3, spot soybeans closed down 10 3/4, spot spring wheat was up 2 1/4 and spot winter wheat was up 9 1/2.  In the overnight trade all of our markets are back on the negative side.  Oil closed down $0.09 on Friday at $58.52 per barrel.  It is weaker again this morning with it now trading at $58.25 per barrel.  Our dollar had a low on Friday of $0.748 US and a high of $0.752 US before closing out for the weekend right in the middle at $0.750 US.  In the overnight market it has fluctuated just a little with it currently valued once again back at $0.750 US. 
Our markets were stronger on Friday with managed money possibly liquidating some of their recently acquired short position (looking for prices to go down).  Corn closed up $0.09 per bushel last week after hitting a one year low on Monday.  The positive week occurred even with the some bullish production news out of South America.  The corn crop in Brazil is now estimated at 92.8 million tonnes which is up from 82 million tonnes last year.  In Argentina corn production is expected at 45 million tonnes which is an increase of 13 million tonnes from last year.  This will put South American corn production roughly at the same level as two years ago.  In 2017 the corn market had low prices in March which did not change much until it was able to rally with hot and dry weather in the US Corn Belt in the summer. 
Winter wheat prices were supported last week with weather concerns occurring over the growing areas in the US.  The crop is starting to come out of dormancy in some areas and the recent cold weather snap may cause some damage.  This market has been beaten down hard so any price rallies are welcomed.
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 March 18
ICE Futures Canada Afternoon Comments Mch 15

DTN Blogs & Forums


Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 spot  371'4s
-1'6
 Harvest 2019  394'6s
-1'2
 Harvest 2020  409'2s
0'2

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  905'6s
-3'4
 Harvest 2019  939'0s
-3'4
 Harvest 2020  971'6s
-2'6

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  560'4
5'6
 Harvest 2019  568'4
4'0

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  456'6s
-5'4
 Harvest 2019  472'0s
-4'6

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  456'6s
-5'4
 Harvest 2019  472'0s
-4'6

Price as of 03/18/19 01:35PM CDT.
Month Symbols
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Local Conditions
North Gower, ON
Chg Zip Code: 
Temp: -1oC Feels Like: -6oC
Humid: 43% Dew Pt: -12oC
Barom: 30.29 Wind Dir: NW
Cond: N/A Wind Spd: 17 km/h
Sunrise: 7:06 Sunset: 7:08
As reported at MASSENA, NY at 2:00 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
May 19 374'0 375'4 370'2 371'6 -1'6 371'4s 01:21P Chart for @C9K
Jul 19 383'0 384'4 379'4 380'6 -1'4 380'6s 01:20P Chart for @C9N
Sep 19 389'2 390'2 386'2 387'4 -1'2 387'4s 01:20P Chart for @C9U
Dec 19 396'2 397'4 393'4 395'0 -1'2 394'6s 01:20P Chart for @C9Z
Mar 20 407'0 408'2 405'0 406'0 -1'2 405'6s 01:20P Chart for @C0H
May 20 412'4 413'2 410'2 411'4 -1'2 411'0s 01:20P Chart for @C0K
Jul 20 415'0 416'0 413'2 414'4 -0'2 414'4s 01:20P Chart for @C0N
Sep 20 408'0 408'0 405'4 405'6 0'0 407'0s 01:20P Chart for @C0U
Dec 20 409'0 410'0 408'0 409'4 0'2 409'2s 01:20P Chart for @C0Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 19 910'0 911'4 901'6 905'4 -3'4 905'6s 01:20P Chart for @S9K
Jul 19 923'0 925'0 915'4 919'2 -3'6 919'2s 01:20P Chart for @S9N
Aug 19 929'4 930'0 921'6 925'2 -3'2 925'4s 01:20P Chart for @S9Q
Sep 19 933'4 935'0 926'2 930'0 -3'2 930'0s 01:20P Chart for @S9U
Nov 19 943'0 944'2 935'4 938'6 -3'4 939'0s 01:20P Chart for @S9X
Jan 20 950'4 952'2 944'0 947'0 -3'4 947'2s 01:20P Chart for @S0F
Mar 20 956'4 957'4 950'0 952'6 -3'2 953'2s 01:20P Chart for @S0H
May 20 959'0 960'2 956'6 959'0 -2'6 959'6s 01:20P Chart for @S0K
Jul 20 967'2 968'0 964'4 966'4 -3'0 967'2s 01:20P Chart for @S0N
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
May 19 554'6 566'2 553'6 560'4 5'6 554'6 01:24P Chart for @MW9K
Jul 19 557'4 568'4 557'2 561'6 4'2 557'4 01:24P Chart for @MW9N
Sep 19 564'6 574'2 564'4 568'4 4'0 564'4 01:24P Chart for @MW9U
Dec 19 578'0 586'4 577'2 579'2 2'0 577'2 01:25P Chart for @MW9Z
Mar 20 597'4 598'0 592'0 595'0 5'0 590'0 01:24P Chart for @MW0H
May 20 599'2 4'2 596'6s 01:24P Chart for @MW0K
Jul 20 598'0 3'6 602'2s 01:24P Chart for @MW0N
Sep 20 0'0 0'0 0'0 Chart for @MW0U
Dec 20 Chart for @MW0Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 19 443'4 444'4 433'4 438'0 -6'4 436'4s 01:20P Chart for @KW9K
Jul 19 453'0 453'4 443'4 447'2 -5'6 446'0s 01:20P Chart for @KW9N
Sep 19 463'4 465'2 456'0 459'4 -4'6 458'4s 01:20P Chart for @KW9U
Dec 19 482'6 485'0 476'4 480'0 -3'4 479'0s 01:20P Chart for @KW9Z
Mar 20 499'0 501'0 494'0 497'0 -3'0 496'2s 01:20P Chart for @KW0H
May 20 510'2 511'0 506'0 506'0 -2'6 506'6s 01:20P Chart for @KW0K
Jul 20 514'6 -2'0 512'6s 01:20P Chart for @KW0N
Sep 20 510'2 -1'6 524'6s 01:20P Chart for @KW0U
Dec 20 524'4 -1'4 539'0s 01:20P Chart for @KW0Z
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 19 463'2 464'0 454'4 457'2 -5'4 456'6s 01:20P Chart for @W9K
Jul 19 469'4 469'6 461'4 463'6 -4'6 463'4s 01:20P Chart for @W9N
Sep 19 477'4 478'0 470'2 472'6 -4'6 472'0s 01:20P Chart for @W9U
Dec 19 492'0 492'0 485'0 487'2 -4'2 486'6s 01:20P Chart for @W9Z
Mar 20 504'6 504'6 498'2 500'2 -4'2 499'6s 01:20P Chart for @W0H
May 20 507'0 509'0 505'0 506'2 -4'0 506'2s 01:20P Chart for @W0K
Jul 20 509'2 512'6 506'4 508'6 -4'4 508'0s 01:20P Chart for @W0N
Sep 20 520'0 520'0 517'6 517'6 -4'2 515'0s 01:20P Chart for @W0U
Dec 20 528'6 531'2 524'6 525'6 -4'6 525'6s 01:20P Chart for @W0Z
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