Daily News
	Friday, March 21, 2019, 7:10 a.m. – Yesterday was a mostly positive day for our markets.  Spot corn closed up 4 3/4, spot soybeans closed up 4 1/2, spot spring wheat was down 1/4 and spot winter wheat was up 1 3/4.  In the overnight trade corn and winter wheat are positive while both soybeans and spring wheat are hovering around even.  Oil closed down $0.25 yesterday at $59.98 per barrel.  It is down again this morning with it now trading at $59.44 per barrel.  Our dollar had a high yesterday morning of $0.751 US and then a low before noon of $0.747 US.  It rebounded some after that but has traded weaker again in the overnight.  This morning it is currently valued back at yesterday’s low of $0.747 US.  Soybean prices on the CBOT have jumped back up over the 100 day average.  This can be looked as somewhat a surprising development.  There is currently a lot of doom and gloom in this marketplace.  South American Production is projected higher this year than last year.  The African Flu is reducing the size of the hog herd in China and neighboring countries that will reduce the demand for soymeal.  Large carryout stocks in the US this year will also help to keep a lid on prices and of course we have the uncertainty of a trade deal between China and the US.  Depending on what article you read either negotiations are going well or they have hit a hard spot with neither side willing to give in.  Bottom line is that there are many reasons for this market to go down further but somehow it is keeping prices fairly stable. The weather in the northern US with current floods and the short term wet and cold forecast could be bringing a weather risk premium into our markets.  Much of the Corn Belt is rated with severe flooding risks going into the spring planting season.  Sooner or later the market will have to deal with the potential of delayed plantings and possibly reduced yields. Weekly export sales out of the US for last week were within expectations for corn and wheat.  Unfortunately they were below expectations for soybeans.  On the positive side hog exports were solid which could result in increased feed demand in the US this year. Friday’s thought: Very little is needed to make a happy life.  It is all within yourself and your way of thinking! 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 22
	ICE Futures Canada Afternoon Comments Mch 22

	DTN Blogs & Forums
	DTN Market Matters Blog DDG Weekly Update Snowmelt, Rain Wreak Havoc on US River Systems Domestic DDG Average Price Steady Technically Speaking Corn, Ethanol Counts Strong While Crude Slowing Chart Analysis: U.S. Cash Grain Prices Corn, Soymeal Offering Bullish Technical Ideas Fundamentally Speaking History of Acreage Changes for Key Crops U.S. Soybean Meal Shipments and Exports Major Corn, Soybean States Have Excessive Ground Moisture Supplies DTN Ag Policy Blog Missouri Farm Bureau Calls for Better Levee Protection USDA Stresses Preventive Measures for African Swine Fever USDA Narrows ERS/NIFA Relocation List, But Critics Still Opposed Minding Ag's Business Banks, Farm Credit Split Overall Farm Debt Load, But Portfolios Differ Factors that Will Guide the Ag Economy in 2019 Iowa Land Values Dip, But are Still 63 Percent Higher than 10 Years Ago DTN Ag Weather Forum Spring Flood Outlook is High Southeast Prairies Flood Risk Detailed Flood Threats Remain High DTN Ethanol Blog Washington State Bill would Launch Low-Carbon Fuel Standard in 2021 US Hits Record-High Ethanol Exports in 2018 Senators Press Commerce Secretary Ross on Argentine Biodiesel Review DTN Production Blog Embrace Farmer Diversity Are You Listening? Winds of Change Harrington's Sort & Cull Updating the Beef-Chicken Foot Race Who Should Ag Honor on Presidents Day? Shutdown Want Ads South America Calling More Improved South America Weather Conditions Brazil Rain Revival US Farmers Highlight Size of Farms, Technology and Infrastructure of Brazilian Agriculture An Urban’s Rural View Those Sickening Midwestern Floods The Fog of (Trade) War(s) Is the Fed Done Raising Interest Rates? Machinery Chatter Kubota Announces It Will Produce an All-New, Large-Horsepower Tractor Ten Tips for a Safe Spring Burned up Over a Bulb Canadian Markets Canola Situation Seen as Dire DTN's Cash Spring Wheat/Durum Price Spread Week 32 Thunder Bay Grain Stocks Editor’s Notebook Salute to Agriculture Soil Health gets a Checkup Well-Due Recognition

	Local Cash Bids
	loading... CORN   North Gower Grains Futures Price Basis Cash Price Converted Price Futures Change  spot  378'2s 2'0  Harvest 2019  400'0s 1'2  Harvest 2020  410'4s 0'4 SOYBEANS   North Gower Grains Futures Price Basis Cash Price Converted Price Futures Change  Spot  903'6s -6'6  Harvest 2019  937'4s -7'2  Harvest 2020  967'4s -8'4 WHEAT, HRS + PROTEIN   North Gower Grains Futures Price Basis Cash Price Converted Price Futures Change  Spot  572'2s 1'0  Harvest 2019  574'6s -1'0 WHEAT, SRW   North Gower Grains Futures Price Basis Cash Price Converted Price Futures Change  Spot  466'0s -0'4  Harvest 2019  479'4s -0'4 WHEAT, HRW + PROTEIN   North Gower Grains Futures Price Basis Cash Price Converted Price Futures Change  Spot  466'0s -0'4  Harvest 2019  479'4s -0'4
	Price as of 03/22/19 05:15PM CDT. Month Symbols
	Click to view more Cash Bids

	DTN Daily Video
	[View Other DTN/Progressive Farmer Videos]

	This Day In History
	March 22, 1841 Cornstarch patented (Orlando Jones) more info

	Local Conditions
	North Gower, ON Chg Zip Code:  Temp: 3oC Feels Like: -1oC Humid: 96% Dew Pt: 2oC Barom: 29.42 Wind Dir: WNW Cond: N/A Wind Spd: 15 km/h Sunrise: 6:58 Sunset: 7:13 As reported at MASSENA, NY at 5:00 PM
	View complete Local Weather

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

	DTN Webinars

	Futures
	@C - CORN - CBOT Month Open High Low Last Change Close Time More May 19 375'6 380'6 375'4 378'6 2'0 378'2s 03:51P Jul 19 385'0 389'6 384'6 387'6 2'0 387'4s 03:53P Sep 19 391'2 395'4 391'2 393'6 1'4 393'2s 02:44P Dec 19 398'2 401'6 398'0 400'2 1'2 400'0s 03:55P Mar 20 408'6 411'4 408'2 410'0 1'2 410'2s 03:51P May 20 414'0 416'4 413'2 414'6 0'6 415'0s 02:35P Jul 20 416'6 419'2 416'0 417'4 0'4 417'6s 01:30P Sep 20 409'4 410'2 407'4 409'4 0'2 408'6s 01:30P Dec 20 409'2 412'0 409'0 410'2 0'4 410'4s 02:50P @S - SOYBEANS - CBOT Month Open High Low Last Change Close Time More May 19 909'6 912'0 903'0 904'2 -6'6 903'6s 03:32P Jul 19 923'2 925'4 916'4 917'6 -7'0 917'2s 03:54P Aug 19 929'4 931'6 922'6 923'4 -7'0 923'2s 01:30P Sep 19 934'2 936'4 928'0 928'2 -6'6 928'4s 01:30P Nov 19 943'6 946'2 936'6 938'0 -7'2 937'4s 03:29P Jan 20 952'0 954'0 944'4 945'0 -8'0 945'0s 01:30P Mar 20 957'6 959'6 949'0 950'2 -9'0 949'6s 01:30P May 20 964'0 964'0 953'6 955'2 -9'4 954'6s 01:30P Jul 20 970'6 972'2 961'4 962'2 -9'6 962'0s 02:30P @MW - HARD RED SPRING WHEAT - MGE Month Open High Low Last Change Close Time More May 19 571'0 576'6 567'2 571'2 1'0 572'2s 02:49P Jul 19 570'4 576'0 567'6 570'0 -0'4 570'6s 03:29P Sep 19 575'0 580'0 572'4 574'2 -1'0 574'6s 01:31P Dec 19 586'4 591'2 584'0 586'0 -1'2 585'6s 03:30P Mar 20 596'4 601'0 594'4 596'0 -1'6 596'2s 01:31P May 20 603'6 603'6 601'4 601'4 1'0 604'4s 01:31P Jul 20 598'0 0'6 608'6s 01:31P Sep 20 0'0 0'0 0'0 Dec 20 @KW - HARD RED WINTER WHEAT - KCBT Month Open High Low Last Change Close Time More May 19 446'0 452'0 443'2 444'4 -2'0 445'0s 03:10P Jul 19 452'2 460'0 451'6 452'6 -1'6 453'4s 01:30P Sep 19 464'4 471'2 463'4 464'6 -1'4 465'0s 01:20P Dec 19 484'4 490'2 483'0 484'6 -0'6 484'4s 01:20P Mar 20 500'0 506'0 500'0 501'0 -1'0 500'4s 01:20P May 20 509'2 515'0 509'0 509'4 -0'6 510'0s 01:20P Jul 20 517'4 517'4 514'4 515'6 -0'6 515'4s 01:20P Sep 20 510'2 -0'6 527'0s 01:20P Dec 20 540'6 -1'0 541'0s 01:20P @W - WHEAT - CBOT Month Open High Low Last Change Close Time More May 19 465'4 473'6 463'6 465'0 -0'4 466'0s 03:09P Jul 19 470'6 478'2 468'4 470'0 -0'6 470'6s 02:30P Sep 19 478'2 486'4 477'2 478'2 -0'4 479'4s 02:33P Dec 19 493'0 501'2 492'2 493'4 -0'4 494'2s 03:01P Mar 20 507'4 514'4 507'4 507'4 0'2 508'0s 01:20P May 20 512'4 519'6 512'2 515'0 0'0 514'2s 01:20P Jul 20 517'6 522'4 516'6 517'0 -0'2 515'6s 01:30P Sep 20 517'6 -0'4 522'2s 01:20P Dec 20 537'2 539'4 534'4 535'0 -0'2 533'4s 01:20P My Custom Markets Symbol Open High Low Last Change Close Time More