Elevator Address

2518 Lockhead Rd
North Gower, ON
K0A 2T0
 



Contact Info:
1-855-SOY-CORN(769-2676)
Office: 613-489-0956
Fax: 613-489-0957
info@northgowergrains.com


Daily News
The markets are closed on Monday for President’s Day in the US.  Our office will be closed as we celebrate Family Day here in Ontario.   
Friday, February 14, 7:55 a.m. – Yesterday was a mostly negative day for our markets.  Spot corn closed down 3 1/2, spot soybeans closed up 3 3/4, harvest 2020 spring wheat closed down 4 1/2 and harvest 2020 winter wheat also closed down 4 1/2.  In the overnight trade all of our markets are currently flat or just even.  Our dollar has traded between a low of $0.754 US and a high of $0.755 US over the last 24 hours.  This morning it is trading at the high end of the range with it currently valued at $0.755 US. 
Crude oil and soybean prices have been moving in lockstep recently.  The falling in prices for both of these markets is directly correlated to the possible demand destruction related to the coronavirus in China.  They are the world’s largest importer of both corn and oil.  When China is able to control this virus we should see demand for oil start right back up.
Wheat prices have pulled back some from their recent highs with the current strength of the US dollar hurting prices.  As the US dollar has gained in value during the coronavirus outbreak it hurts US exports of wheat in the world market.  Their wheat is currently expensive on the world market compared to other exporting countries especially Russia and France.
Friday’s thought: What are we learning today and why are we learning it? Put your brain to work! 
Please call Geoffrey Guy at 613-880-2707 or Bob Orr at 613-720-1271 if you would like prices for crop you have stored on your farm.  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 Feb 14
ICE Futures Canada Afternoon Comments Feb 14

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Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  377'6s
-1'6
 Harvest 2020  388'6s
-3'2

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  893'6s
-2'4
 Harvest 2020  922'4s
-1'2

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  525'4s
-1'2
 Harvest 2020  552'4s
-0'6

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  542'6s
-1'4
 Harvest 2020  547'2s
-3'2

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  542'6s
-1'4
 Harvest 2020  547'2s
-3'2

Price as of 02/17/20 03:28PM CST.
Month Symbols
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This Day In History
February 17, 1818
Baron Karl von Drais de Sauerbrun patents "draisine" (early bicycle)

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Local Conditions
North Gower, ON
Chg Zip Code: 
Temp: -7oC Feels Like: -11oC
Humid: 34% Dew Pt: -20oC
Barom: 30.44 Wind Dir: NW
Cond: N/A Wind Spd: 9 km/h
Sunrise: 6:57 Sunset: 5:29
As reported at MASSENA, NY at 4:00 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
Mar 20 379'4 381'4 376'2 377'6 -1'6 377'6s 03:11P Chart for @C0H
May 20 384'6 386'0 380'6 381'4 -2'6 382'0s 03:13P Chart for @C0K
Jul 20 388'4 389'6 385'0 385'2 -3'2 385'4s 11:17A Chart for @C0N
Sep 20 387'0 388'0 383'6 383'6 -3'2 384'2s 02/16 Chart for @C0U
Dec 20 391'6 392'2 388'4 388'6 -3'2 388'6s 01:37P Chart for @C0Z
Mar 21 401'0 401'2 397'6 398'2 -3'0 398'0s 02:31P Chart for @C1H
May 21 404'2 404'6 401'4 401'6 -2'6 401'6s 12:12P Chart for @C1K
Jul 21 406'0 406'4 403'4 403'4 -2'6 403'6s 02/16 Chart for @C1N
Sep 21 398'0 398'0 394'4 394'6 -3'4 394'4s 02/14 Chart for @C1U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 20 896'2 899'2 890'0 892'6 -2'4 893'6s 03:02P Chart for @S0H
May 20 906'0 908'2 899'4 902'6 -2'6 903'2s 01:52P Chart for @S0K
Jul 20 917'2 919'6 912'0 914'4 -2'4 915'4s 01:36P Chart for @S0N
Aug 20 920'6 923'4 915'6 919'0 -2'4 919'2s 02/16 Chart for @S0Q
Sep 20 919'6 922'0 915'6 918'6 -2'0 919'0s 02/14 Chart for @S0U
Nov 20 922'6 925'4 919'4 922'0 -1'2 922'4s 09:54A Chart for @S0X
Jan 21 925'0 929'2 924'0 926'4 -1'2 926'2s 02:56P Chart for @S1F
Mar 21 918'2 922'2 917'0 920'0 0'0 919'6s 02/14 Chart for @S1H
May 21 919'2 922'6 918'6 921'0 0'0 920'6s 02:30P Chart for @S1K
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Mar 20 526'4 529'0 525'2 525'2 -1'2 525'4s 12:26P Chart for @MW0H
May 20 536'0 538'2 535'2 535'2 -0'6 535'4s 08:45A Chart for @MW0K
Jul 20 544'2 546'4 543'4 544'0 -0'6 543'4s 02/16 Chart for @MW0N
Sep 20 553'2 555'0 553'0 553'0 -0'6 552'4s 02/16 Chart for @MW0U
Dec 20 565'4 567'0 564'6 565'0 0'0 565'0s 02/16 Chart for @MW0Z
Mar 21 579'4 579'4 576'4 576'6 0'0 576'6s 02/16 Chart for @MW1H
May 21 606'0 0'2 582'2s 02/14 Chart for @MW1K
Jul 21 Chart for @MW1N
Sep 21 Chart for @MW1U
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Mar 20 466'4 471'0 465'0 466'0 -0'4 465'4s 03:13P Chart for @KW0H
May 20 474'0 478'2 471'6 472'0 -0'4 472'2s 08:46A Chart for @KW0K
Jul 20 479'2 484'4 478'2 479'2 -0'2 478'6s 01:05P Chart for @KW0N
Sep 20 487'4 491'4 486'0 486'6 -0'2 486'4s 02/16 Chart for @KW0U
Dec 20 499'4 502'4 497'2 498'2 -0'4 497'6s 02/16 Chart for @KW0Z
Mar 21 513'2 513'2 509'0 510'2 -0'6 508'4s 02/14 Chart for @KW1H
May 21 515'0 516'2 515'0 515'2 -0'6 514'6s 02/14 Chart for @KW1K
Jul 21 510'0 0'0 513'0s 02/16 Chart for @KW1N
Sep 21 499'6 0'0 516'0s 02/14 Chart for @KW1U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Mar 20 544'6 549'4 542'0 544'4 -1'4 542'6s 02:03P Chart for @W0H
May 20 545'4 548'6 541'0 542'4 -3'2 541'4s 01:06P Chart for @W0K
Jul 20 544'4 547'6 541'0 541'6 -3'4 541'0s 11:59A Chart for @W0N
Sep 20 550'4 553'6 547'0 548'0 -3'2 547'2s 09:09A Chart for @W0U
Dec 20 559'6 563'0 556'2 557'4 -3'4 556'4s 02/16 Chart for @W0Z
Mar 21 567'2 570'4 565'4 565'4 -3'6 565'0s 12:12A Chart for @W1H
May 21 566'6 568'6 563'0 563'0 -4'4 563'4s 02/16 Chart for @W1K
Jul 21 556'0 558'4 552'0 552'0 -4'6 552'0s 12:08A Chart for @W1N
Sep 21 559'4 559'4 559'4 559'4 -4'2 556'2s 02/16 Chart for @W1U
My Custom Markets
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