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  349'0s
0'4
 Harvest 2017  349'0s
0'4
 Harvest 2018  394'4s
1'0

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2017  986'4s
2'2
 Harvest 2018  1003'4s
3'4

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  615'6s
5'6
 Harvest 2018  634'4s
4'2

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  432'6s
2'6
 Harvest 2018  494'0s
1'4

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  432'6s
2'6
 Harvest 2018  494'0s
1'4

Price as of 10/19/17 04:39PM CDT.
Month Symbols
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Local Forecast
North Gower, ON
Chg Zip:

Thursday

Friday

Saturday

Sunday

Monday
High: 19°C
Low: 11°C
Precip: 0%
High: 17°C
Low: 6°C
Precip: 0%
High: 21°C
Low: 7°C
Precip: 0%
High: 21°C
Low: 10°C
Precip: 0%
High: 19°C
Low: 12°C
Precip: 0%
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Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
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Daily News

Thursday, October 19, 7:00 a.m. – Yesterday was a quite negative day for our markets.  Harvest corn closed down 1 1/2, harvest soybeans were down 1/2, spot winter wheat closed down 4 3/4 and spring wheat closed down 1.  In the overnight trading all of our markets are even or just on the positive side.  Oil closed up $0.16 yesterday at $52.04 per barrel.  It is weaker this morning with it now trading at $51.28 per barrel.  Our dollar started yesterday morning at $0.798 U.S. and strengthened with a gain of 50 basis points up to $0.803 U.S..  It has held mostly steady since that time with it currently trading at $0.803 U.S..
Egypt has returned to the market with another tender for wheat.  This is their 14th tender for shipment this season.  Russia is of course expected to win this tender as they continue to be a low cost provider of wheat.  France and Argentina have recently announced a large sale of wheat to Algeria.  It seems that at the current low world price of wheat demand steps up and wheat is purchased.  When prices go a bit higher the buyers step back and wait for prices to come back down.  Weekly exports for wheat from the U.S. are expected at 250,000 to 400,000 tonnes for last week.  This is significantly higher than the previous week’s export of 174,961 tonnes.  At the current low price U.S. wheat can find a home on the world market, however just not to the large importers like Egypt that Russia has both a price and shipping advantage. 
The corn market remains flat with no news to drive prices either way.  Weekly export numbers are expected a bit lower for corn week over week.
The soybean market continues to watch Brazil.  One day there is talk of much needed rain and the next day the forecasts are not showing moisture in the dry areas.  We are truly in a weather market for the crop in Brazil with the current dry areas not enough to drive prices higher.  Luckily for soybeans worldwide demand remains strong with U.S. exports continuing to move their large supplies.
Locally we are not seeing much export demand for soybeans this fall.  Basis levels are flat.  Unless somebody steps up with an export program we do not expect to see much improvement in local 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.

DTN Crops News
Thursday, October 19, 2017 9:40AM CDT
The specialty soybeans can bring in much-needed premiums -- provided you can link up with a processor and segregate them carefully.

Wednesday, October 18, 2017 10:34AM CDT
EPA's new rules on dicamba use in 2018 have left some farmers confused. Here are four common questions we've heard, along with the answers we found.

Friday, October 13, 2017 3:14PM CDT
In its biggest deal ever, BASF agrees to purchase $7 billion worth of Bayer's seeds and chemistry portfolio.


Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 17 348'6 351'4 348'4 348'6 0'4 349'0s 03:54P Chart for @C7Z
Mar 18 362'4 365'0 362'2 362'4 0'4 362'6s 03:48P Chart for @C8H
May 18 371'0 373'2 370'6 370'6 0'4 371'2s 02:54P Chart for @C8K
Jul 18 377'6 380'0 377'6 378'2 0'4 378'2s 03:58P Chart for @C8N
Sep 18 385'0 387'0 384'6 385'0 0'6 385'2s 01:30P Chart for @C8U
Dec 18 393'4 396'0 393'4 393'6 1'0 394'4s 02:55P Chart for @C8Z
Mar 19 403'0 405'4 402'2 404'4 1'4 404'4s 01:30P Chart for @C9H
May 19 410'0 411'4 410'0 411'4 1'4 410'2s 01:20P Chart for @C9K
Jul 19 414'2 415'6 414'2 415'6 1'4 414'4s 01:20P Chart for @C9N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 17 983'6 989'0 983'0 986'2 2'2 986'4s 03:59P Chart for @S7X
Jan 18 994'2 999'4 994'0 997'0 2'0 997'0s 03:07P Chart for @S8F
Mar 18 1003'6 1009'2 1003'2 1006'6 2'2 1007'0s 03:48P Chart for @S8H
May 18 1012'4 1018'2 1012'4 1015'6 2'2 1016'0s 03:56P Chart for @S8K
Jul 18 1020'2 1026'2 1020'2 1024'0 2'4 1024'0s 03:57P Chart for @S8N
Aug 18 1021'6 1024'6 1021'0 1024'6 2'4 1024'2s 01:30P Chart for @S8Q
Sep 18 1012'2 1014'6 1011'0 1014'4 3'0 1013'0s 01:20P Chart for @S8U
Nov 18 998'6 1005'4 998'6 1003'4 3'4 1003'4s 01:30P Chart for @S8X
Jan 19 1008'0 1010'4 1008'0 1010'2 3'4 1009'2s 01:20P Chart for @S9F
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 17 610'4 618'6 610'4 616'0 5'6 615'6s 02:48P Chart for @MW7Z
Mar 18 624'2 632'2 624'2 629'0 5'2 629'4s 01:32P Chart for @MW8H
May 18 633'0 640'0 632'6 636'2 4'2 636'4s 03:22P Chart for @MW8K
Jul 18 638'0 639'2 635'4 637'6 3'4 639'6s 03:22P Chart for @MW8N
Sep 18 631'4 637'0 630'6 630'6 4'2 634'4s 01:32P Chart for @MW8U
Dec 18 639'0 643'2 638'4 639'0 3'6 641'4s 01:32P Chart for @MW8Z
Mar 19 649'0 649'0 649'0 649'0 2'0 646'6s 01:32P Chart for @MW9H
May 19 Chart for @MW9K
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 17 428'6 434'2 427'2 429'0 1'2 429'2s 02:33P Chart for @KW7Z
Mar 18 446'4 452'2 445'6 447'0 1'0 447'2s 03:56P Chart for @KW8H
May 18 461'2 466'0 459'4 461'6 1'0 461'2s 03:56P Chart for @KW8K
Jul 18 479'0 483'4 478'2 479'0 0'6 479'2s 01:30P Chart for @KW8N
Sep 18 501'6 502'2 499'0 499'0 0'6 497'6s 01:20P Chart for @KW8U
Dec 18 529'0 529'0 524'0 524'0 0'2 524'2s 01:30P Chart for @KW8Z
Mar 19 542'4 0'0 539'6s 01:20P Chart for @KW9H
May 19 553'0 -1'0 548'2s 01:20P Chart for @KW9K
Jul 19 555'0 0'0 548'2s 01:30P Chart for @KW9N
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 17 430'4 436'2 429'4 432'4 2'6 432'6s 03:46P Chart for @W7Z
Mar 18 449'4 454'4 448'4 450'6 2'0 451'2s 03:00P Chart for @W8H
May 18 463'0 468'0 462'6 464'6 1'6 465'2s 02:30P Chart for @W8K
Jul 18 477'0 481'4 476'0 478'4 1'2 478'2s 01:30P Chart for @W8N
Sep 18 492'4 497'0 492'2 494'0 1'4 494'0s 01:30P Chart for @W8U
Dec 18 511'0 515'0 510'6 512'2 1'0 512'0s 01:30P Chart for @W8Z
Mar 19 523'6 524'0 523'6 524'0 1'2 524'6s 01:20P Chart for @W9H
May 19 525'6 0'6 529'2s 01:20P Chart for @W9K
Jul 19 528'2 528'2 528'2 528'2 1'2 527'6s 01:20P Chart for @W9N
My Custom Markets
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