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

Mark your calendar our Annual Customer Appreciation Day is Wednesday, June 26, 2019.
Tuesday, June 18, 2019, 6:55 a.m. – Yesterday was another mostly positive day for our markets.  Spot corn closed up 1 3/4, spot soybeans were up 16, spot spring wheat was down 3 and spot winter wheat was up 1.  In the overnight trade all of our markets are firmly on the negative side.  Oil closed down $0.58 yesterday at $51.93 per barrel.  It is weaker again morning with it now trading at $51.59 per barrel.  Our dollar traded within a narrow 10 basis point range yesterday.  It had a low of $0.745 US and a high of $0.746 US.  In the overnight trading it has turned lower with it currently valued at $0.744 US. 
The USDA released their weekly crop progress report yesterday and they are now recording the corn crop at 92% planted. This is up 9% from last week.  Their 5 year average for this time of the year is 100% planted.  The good to excellent rating of 59% remains unchanged from last week.  Last year this crop was rated at 78% good to excellent. 
The soybean crop is now recorded as 77% planted.  This is up 17% from last week but still remains behind the 5 year average of 93% planted.  Next week this crop will be given a crop rating. 
The good to excellent rating for the winter wheat crop remains unchanged from last week at 64%.  Last year this crop was only rated as 39% good to excellent.  Harvest is starting to progress for this crop with 8% now completed.  This is up from 4% last week but still remains behind the 5 year average of 20% completed.
The spring wheat crop is rated at 77% good to excellent.  This is down from 81% last week.  Only 2%of this crop is headed which is far behind the 5 year average of 12%. 
Our markets have turned lower with the results noted above for the different crops.  Plantings have progressed more than expected with the weather now being a bit more favourable for the US farmers going forward.  Questions about ‘Prevent Plant’ acres for both corn and soybeans remain uncertain.  Yesterday the corn market closed 10 cents lower than its high for the day.  This plus the lower overnight prices is a weak technical sign for the market.  Hopefully it is just a rest and not a full pull back from the recent run up in prices.
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 June 18
ICE Futures Canada Afternoon Comments June 17

DTN Blogs & Forums


Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 spot  451'4
-3'2
 Harvest 2019  463'6
-4'6
 Harvest 2020  419'2
-1'4

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  913'2
0'4
 Harvest 2019  939'6
0'2
 Harvest 2020  954'0
0'2

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  554'0
-6'2
 Harvest 2019  560'4
-6'2

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  532'0
-7'4
 Harvest 2019  535'0
-7'6

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  532'0
-7'4
 Harvest 2019  535'0
-7'6

Price as of 06/18/19 10:52AM CDT.
Month Symbols
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June 18, 1979
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Local Conditions
North Gower, ON
Chg Zip Code: 
Temp: 24oC Feels Like: 24oC
Humid: 40% Dew Pt: 9oC
Barom: 29.96 Wind Dir: N
Cond: N/A Wind Spd: 6 km/h
Sunrise: 5:12 Sunset: 8:48
As reported at MASSENA, NY at 11:00 AM
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Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 19 455'4 458'0 442'6 451'4 -3'2 454'6 10:41A Chart for @C9N
Sep 19 462'4 464'6 449'4 457'0 -4'4 461'4 10:41A Chart for @C9U
Dec 19 469'4 471'4 456'6 463'6 -4'6 468'4 10:41A Chart for @C9Z
Mar 20 474'6 476'0 462'0 468'6 -4'2 473'0 10:41A Chart for @C0H
May 20 475'0 476'4 463'6 469'4 -4'4 474'0 10:41A Chart for @C0K
Jul 20 475'6 478'0 464'0 469'6 -4'4 474'2 10:41A Chart for @C0N
Sep 20 434'6 434'6 428'0 431'6 -3'0 434'6 10:40A Chart for @C0U
Dec 20 420'0 420'6 417'2 419'2 -1'4 420'6 10:41A Chart for @C0Z
Mar 21 428'0 428'2 428'0 428'0 -0'2 428'2 10:40A Chart for @C1H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 19 918'2 921'4 902'6 913'2 0'4 912'6 10:41A Chart for @S9N
Aug 19 925'0 928'0 909'2 920'0 0'6 919'2 10:41A Chart for @S9Q
Sep 19 931'6 935'0 917'2 926'6 0'4 926'2 10:41A Chart for @S9U
Nov 19 945'0 948'0 929'4 939'6 0'2 939'4 10:41A Chart for @S9X
Jan 20 956'2 959'0 941'2 951'6 1'0 950'6 10:41A Chart for @S0F
Mar 20 959'6 962'0 946'6 955'2 0'6 954'4 10:41A Chart for @S0H
May 20 961'0 963'0 950'2 957'0 0'0 957'0 10:41A Chart for @S0K
Jul 20 965'0 968'0 956'6 961'6 -0'4 962'2 10:41A Chart for @S0N
Aug 20 960'6 962'6 960'6 962'4 0'2 962'2 10:40A Chart for @S0Q
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Jul 19 560'2 561'0 551'4 554'0 -6'2 560'2 10:41A Chart for @MW9N
Sep 19 566'6 567'4 558'0 560'4 -6'2 566'6 10:41A Chart for @MW9U
Dec 19 577'6 579'0 570'4 572'6 -6'2 579'0 10:41A Chart for @MW9Z
Mar 20 585'4 590'2 585'4 590'2 -1'0 591'2 10:41A Chart for @MW0H
May 20 593'0 596'2 593'0 596'0 -3'0 599'0 10:41A Chart for @MW0K
Jul 20 604'0 1'2 606'4s 10:41A Chart for @MW0N
Sep 20 601'0 601'0 601'0 601'0 -5'2 606'2 10:33A Chart for @MW0U
Dec 20 615'0 -1'0 609'6s 10:33A Chart for @MW0Z
Mar 21 614'2 -3'6 614'2s 08:30A Chart for @MW1H
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Jul 19 475'0 476'0 460'4 465'6 -9'6 475'4 10:41A Chart for @KW9N
Sep 19 486'6 488'0 472'2 477'6 -9'6 487'4 10:41A Chart for @KW9U
Dec 19 508'0 508'6 494'2 499'6 -9'2 509'0 10:41A Chart for @KW9Z
Mar 20 529'2 529'2 515'2 521'0 -8'4 529'4 10:41A Chart for @KW0H
May 20 541'4 541'4 528'4 533'2 -8'2 541'4 10:41A Chart for @KW0K
Jul 20 538'2 539'2 531'0 536'6 -7'2 544'0 10:41A Chart for @KW0N
Sep 20 547'2 547'2 546'0 546'2 -8'4 554'6 10:41A Chart for @KW0U
Dec 20 560'0 565'0 559'6 565'0 -5'0 570'0 10:41A Chart for @KW0Z
Mar 21 584'0 584'0 584'0 584'0 -1'2 582'2s 10:41A Chart for @KW1H
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 19 539'6 541'0 525'2 532'0 -7'4 539'4 10:41A Chart for @W9N
Sep 19 542'6 544'2 528'0 535'0 -7'6 542'6 10:41A Chart for @W9U
Dec 19 555'4 556'0 539'6 546'0 -8'0 554'0 10:41A Chart for @W9Z
Mar 20 565'6 566'4 551'4 556'6 -7'4 564'2 10:41A Chart for @W0H
May 20 566'2 566'2 554'6 560'2 -7'2 567'4 10:41A Chart for @W0K
Jul 20 560'0 561'4 552'2 559'2 -5'0 564'2 10:41A Chart for @W0N
Sep 20 564'4 564'4 557'0 557'2 -12'2 569'4 10:41A Chart for @W0U
Dec 20 576'4 576'4 568'2 575'0 -5'2 580'2 10:41A Chart for @W0Z
Mar 21 582'2 582'2 577'4 577'4 -9'2 586'6 10:41A Chart for @W1H
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