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  360'0
-0'2
 Harvest 2016  383'4
0'0

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  863'6
1'4
 Harvest 2016  879'2
1'4

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  486'4
0'4
 Harvest 2016  510'4s
-2'0

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  461'6
0'4
 Harvest 2016  478'4
0'4

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  461'6
0'4
 Harvest 2016  478'4
0'4

Price as of 02/11/16 12:19AM CST.
Month Symbols
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Local Forecast
North Gower, ON
Chg Zip:

Thursday

Friday

Saturday

Sunday

Monday
High: -11°C
Low: -18°C
Precip: 56%
High: -5°C
Low: -18°C
Precip: 59%
High: -13°C
Low: -23°C
Precip: 0%
High: -14°C
Low: -24°C
Precip: 0%
High: -5°C
Low: -18°C
Precip: 0%
View complete Local Weather

Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
View complete Local Weather


Daily News
Wednesday February 10, 7:00 a.m. - Yesterday corn and wheat were both down about 1 with soybeans up about the same.  Overnight corn and wheat are continuing in the negative with soybeans just into the positive.  Oil fell yesterday to under $28 but has rallied this morning and is currently trading at $28.47 per barrel.  Our dollar was on a bit of a roller coaster yesterday and overnight and is back trading this morning the same as yesterday morning at $0.722 U.S..
The latest USDA report was released yesterday which was slightly bearish for all three of our commodities.  This report reconfirmed a large crop for South American soybeans and corn.  They increased estimates for both from Argentina and held steady with their production number of 100 million tonnes of soybeans for Brazil.  Domestic usage and ending numbers were also amended somewhat in the U.S..  The end result is that the world will remain very well supplied for all three of our crops.  In the short term do not expect any large up swing in prices unless something dramatic occurs that impacts crops in South America.  
One positive from yesterday's report was that the market did not take a nosedive with the negative news reported.  Although corn was down it did not respond nearly as much as many analysts have suggested it would with the bearish news presented.  This is seen as positive for the markets.
As it looks currently with no higher prices on the horizon all farmers should be looking at their cost of production and calculate target prices that will cover their costs.  We are fortunate here in Eastern Ontario that the basis is still providing us with reasonable pricing opportunities.
  
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 Bio
Markets Editor
Monday, February 8, 2016 7:20PM CST

Despite a three-year extension approved by Congress late last year, three of the nation's largest freight railroad companies informed the Federal Railroad Administration this month that they will not meet the 2018 deadline to install new required safety systems.

Wednesday, February 3, 2016 5:32PM CST
Monday, February 1, 2016 5:21PM CST

DTN Crops News
Monday, February 8, 2016 11:25AM CST
In this week's Crop Tech Corner, university students introduced a gene-based fungicide for a major wheat disease, researchers found a novel pathway for drought-resistant rice plants, and the GE testing debate advanced in the EU.

Thursday, February 4, 2016 1:17PM CST
More growers are turning to LibertyLink crops to combat widespread weed resistance to herbicides. Glufosinate behaves differently than glyphosate, so first-time users should be prepared to manage it accordingly.

Wednesday, February 3, 2016 12:17PM CST
Swiss powerhouse Syngenta recommends a sale to China company in landmark deal.


Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 16 360'0 360'4 359'6 360'0 -0'2 360'2 12:07A Chart for @C6H
May 16 365'0 365'2 364'6 365'0 -0'2 365'2 12:08A Chart for @C6K
Jul 16 369'6 370'2 369'4 370'0 -0'2 370'2 12:08A Chart for @C6N
Sep 16 375'4 375'4 374'6 375'0 -0'4 375'4 12:08A Chart for @C6U
Dec 16 383'4 383'4 383'0 383'4 0'0 383'4 12:08A Chart for @C6Z
Mar 17 392'0 392'0 392'0 392'0 -0'2 392'2 12:05A Chart for @C7H
May 17 398'6 398'6 397'6 398'4 -0'4 398'2s 12:05A Chart for @C7K
Jul 17 401'2 401'6 401'2 401'6 -0'2 402'0 12:05A Chart for @C7N
Sep 17 396'0 -0'2 393'2s 12:00A Chart for @C7U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 16 862'2 864'0 862'0 863'6 1'4 862'2 12:06A Chart for @S6H
May 16 867'0 868'6 867'0 868'4 1'4 867'0 12:06A Chart for @S6K
Jul 16 872'4 874'2 872'4 874'0 1'4 872'4 12:06A Chart for @S6N
Aug 16 875'2 875'4 875'0 875'4 1'0 874'4 12:06A Chart for @S6Q
Sep 16 876'0 876'0 876'0 876'0 1'4 874'4 12:06A Chart for @S6U
Nov 16 877'6 879'2 877'4 879'2 1'4 877'6 12:06A Chart for @S6X
Jan 17 883'2 884'0 880'6 883'2 -0'2 882'6s 12:06A Chart for @S7F
Mar 17 886'4 886'4 883'4 886'4 0'0 885'0s 12:06A Chart for @S7H
May 17 889'2 889'2 887'4 888'0 0'0 888'2s 02/10 Chart for @S7K
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Mar 16 486'0 487'0 485'6 486'4 0'4 486'0 12:02A Chart for @MW6H
May 16 489'6 491'0 489'6 490'6 0'0 490'6 12:02A Chart for @MW6K
Jul 16 500'0 500'0 499'4 500'0 0'2 499'6 12:02A Chart for @MW6N
Sep 16 511'2 512'2 509'6 511'2 -2'0 510'4s 12:02A Chart for @MW6U
Dec 16 526'4 527'6 526'4 526'6 -2'0 525'6s 12:02A Chart for @MW6Z
Mar 17 542'0 542'0 542'0 542'0 0'2 541'6 12:02A Chart for @MW7H
May 17 551'4 551'4 550'2 550'2 -2'4 549'6s 12:02A Chart for @MW7K
Jul 17 560'0 -1'2 560'0s 12:02A Chart for @MW7N
Sep 17 592'0 0'0 592'0s 02/10 Chart for @MW7U
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Mar 16 443'6 446'6 443'6 446'6 2'0 444'6 12:00A Chart for @KW6H
May 16 454'2 456'2 454'0 456'2 2'0 454'2 12:02A Chart for @KW6K
Jul 16 464'0 466'6 464'0 466'6 2'2 464'4 12:04A Chart for @KW6N
Sep 16 478'0 480'4 478'0 480'4 1'6 478'6 12:02A Chart for @KW6U
Dec 16 500'0 500'6 500'0 500'6 1'2 499'4 12:02A Chart for @KW6Z
Mar 17 514'2 514'2 512'0 512'2 0'6 513'4s 12:02A Chart for @KW7H
May 17 520'4 0'6 522'0s 12:02A Chart for @KW7K
Jul 17 527'0 527'0 527'0 527'0 -0'2 525'6s 12:02A Chart for @KW7N
Sep 17 540'0 0'0 536'6s 02/10 Chart for @KW7U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Mar 16 460'4 462'2 460'0 461'6 0'4 461'2 12:05A Chart for @W6H
May 16 464'4 466'0 463'6 465'6 0'6 465'0 12:05A Chart for @W6K
Jul 16 468'2 470'4 468'0 470'4 1'0 469'4 12:05A Chart for @W6N
Sep 16 478'4 478'4 478'4 478'4 0'4 478'0 12:05A Chart for @W6U
Dec 16 491'0 493'0 491'0 492'6 0'2 492'4 12:05A Chart for @W6Z
Mar 17 501'2 505'0 501'2 505'0 2'6 504'0s 12:02A Chart for @W7H
May 17 511'2 511'2 511'2 511'2 2'0 511'0s 12:05A Chart for @W7K
Jul 17 515'0 2'0 518'0s 02/10 Chart for @W7N
Sep 17 529'6 0'6 529'0s 02/10 Chart for @W7U
My Custom Markets
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