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  376'4
2'2
 Harvest 2017  390'0
2'2
 Harvest 2018  418'4
2'6

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  1005'6
11'0
 Harvest 2017  1018'0
10'4
 Harvest 2018  1007'2
8'0

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2017  744'6
8'2
 Harvest 2018  658'0
0'6

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2017  485'6
6'0
 Harvest 2018  561'4
6'2

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Harvest 2017  485'6
6'0
 Harvest 2018  561'4
6'2

Price as of 07/28/17 11:40AM CDT.
Month Symbols
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Local Forecast
North Gower, ON
Chg Zip:

Friday

Saturday

Sunday

Monday

Tuesday
High: 22°C
Low: 13°C
Precip: 0%
High: 23°C
Low: 11°C
Precip: 0%
High: 27°C
Low: 11°C
Precip: 0%
High: 28°C
Low: 16°C
Precip: 30%
High: 27°C
Low: 16°C
Precip: 20%
View complete Local Weather

Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
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Daily News

Friday July 28, 2017, 6:50 a.m. – Yesterday was a positive day for our markets.  Spot corn closed up 1 1/2, soybeans up 6, harvest winter wheat up 2 and spring wheat closed up 6 1/2.  This morning corn is negative with soybeans and both wheats just on the positive side.  Oil closed stronger again yesterday at $49.04 per barrel.  It is flat this morning with it now trading at $49.07 per barrel.  Our dollar lost about 70 basis points yesterday bottoming out at $0.796 U.S. when the U.S. dollar strongly gained in value against most other major currencies.  It has since settled down and is currently trading at $0.797 U.S...    
Much the same as yesterday the market is not really taking much direction from the results of the spring wheat crop tour currently taking place in the U.S...  Yesterday’s numbers have the average yield at 38.1 bushels per acre, up from the 35.8 the day before and still well below last year’s production level of 43.1 bushels per acre.  There is still much thought that the actual total yields will be lower as this tour is not hitting the most drought stricken areas.  The acreage that will not be harvested for grain is estimated to be up to 15% of planted acres.  Historically if 5% of acreage is not harvested it is considered a major event.  Time will tell if this market has found some support and if prices can rebound once actual harvest data is known.  
The soybean market is gaining some support from continued strong export data out of the U.S...  Last week we mentioned how U.S. exports have remained competitive versus exports from Brazil even with the massive crop harvested this year in Brazil.  Year over year exports in the U.S. are currently 16% ahead of last year’s pace.  Even if they slow down over the remainder of the export year there is a strong possibility that they will exceed USDA projections by 150 million bushels.  This would decrease carry out numbers in the U.S. which would be bullish prices.
Friday’s thought:  The path of sound credence is through the thick forest of skepticism.
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
Friday, July 28, 2017 10:53AM CDT
An overall yield of 38.4 bpa marks the tour's lowest overall yield estimate since 2008, a sign of the severe drought in the western Dakotas this year.

Friday, July 28, 2017 7:01AM CDT
Tools such as nitrogen modeling are becoming more popular as farmers want some help to assure nitrogen is available for rapidly growing corn plants.

Wednesday, July 26, 2017 9:01PM CDT
Drought continued to drag down yields on the tour's second day, which ended with an overall estimate of 35.7 bpa, down from 46.5 bpa last year.


Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 17 373'6 377'0 373'0 376'4 2'2 374'2 11:28A Chart for @C7U
Dec 17 387'0 390'6 386'4 390'0 2'2 387'6 11:28A Chart for @C7Z
Mar 18 398'6 402'2 398'0 401'6 2'4 399'2 11:28A Chart for @C8H
May 18 404'0 407'6 403'4 407'0 2'4 404'4 11:28A Chart for @C8K
Jul 18 408'4 412'4 408'4 412'0 2'4 409'4 11:28A Chart for @C8N
Sep 18 411'4 414'0 411'4 414'0 2'6 411'2 11:28A Chart for @C8U
Dec 18 415'0 418'4 415'0 418'4 2'6 415'6 11:28A Chart for @C8Z
Mar 19 423'4 423'4 423'2 423'2 0'0 423'2 11:28A Chart for @C9H
May 19 428'6 428'6 428'6 428'6 0'4 428'2 11:28A Chart for @C9K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Aug 17 992'6 1007'4 989'6 1005'6 11'0 994'6 11:28A Chart for @S7Q
Sep 17 998'0 1013'0 995'0 1010'6 10'6 1000'0 11:28A Chart for @S7U
Nov 17 1005'6 1019'6 1002'2 1018'0 10'4 1007'4 11:28A Chart for @S7X
Jan 18 1014'2 1028'2 1011'0 1026'4 10'4 1016'0 11:28A Chart for @S8F
Mar 18 1019'0 1031'0 1014'6 1029'4 9'6 1019'6 11:28A Chart for @S8H
May 18 1022'6 1034'6 1019'0 1032'6 9'2 1023'4 11:28A Chart for @S8K
Jul 18 1028'4 1038'4 1025'6 1038'2 9'2 1029'0 11:28A Chart for @S8N
Aug 18 1023'6 1024'0 1023'6 1024'0 6'4 1026'6s 11:28A Chart for @S8Q
Sep 18 1013'2 1015'0 1013'2 1015'0 4'0 1011'0 11:28A Chart for @S8U
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Sep 17 736'0 747'6 736'0 744'6 8'2 736'4 11:29A Chart for @MW7U
Dec 17 746'0 757'0 746'0 754'4 8'0 746'4 11:29A Chart for @MW7Z
Mar 18 743'4 753'0 743'4 749'4 5'2 744'2 11:29A Chart for @MW8H
May 18 738'4 744'2 738'4 743'4 7'0 736'4 11:29A Chart for @MW8K
Jul 18 725'0 732'2 725'0 729'6 3'4 726'2 11:29A Chart for @MW8N
Sep 18 658'6 660'0 658'0 658'0 0'6 657'2 11:29A Chart for @MW8U
Dec 18 667'0 667'6 661'2 661'2 2'6 663'4s 11:02A Chart for @MW8Z
Mar 19 668'4 668'4 668'4 668'4 1'6 666'6 10:29A Chart for @MW9H
May 19 Chart for @MW9K
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Sep 17 481'0 490'2 479'6 487'6 6'6 481'0 11:28A Chart for @KW7U
Dec 17 508'0 517'2 506'6 515'0 7'0 508'0 11:28A Chart for @KW7Z
Mar 18 525'6 535'0 524'4 532'4 6'6 525'6 11:28A Chart for @KW8H
May 18 545'0 547'4 542'0 547'0 8'0 539'0 11:28A Chart for @KW8K
Jul 18 554'0 560'2 554'0 559'4 6'2 553'2 11:28A Chart for @KW8N
Sep 18 570'0 575'2 570'0 573'4 5'2 568'2 11:27A Chart for @KW8U
Dec 18 592'0 592'0 592'0 592'0 5'0 587'0 11:28A Chart for @KW8Z
Mar 19 589'0 3'6 595'4s 11:28A Chart for @KW9H
May 19 629'0 4'0 597'0s 11:27A Chart for @KW9K
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Sep 17 480'2 489'2 478'0 485'6 6'0 479'6 11:28A Chart for @W7U
Dec 17 505'4 514'2 503'2 511'2 6'4 504'6 11:28A Chart for @W7Z
Mar 18 525'2 534'0 523'4 531'0 5'6 525'2 11:28A Chart for @W8H
May 18 536'4 545'2 535'4 543'2 6'2 537'0 11:28A Chart for @W8K
Jul 18 545'0 552'6 543'0 550'0 5'6 544'2 11:28A Chart for @W8N
Sep 18 557'4 561'6 556'4 561'4 6'2 555'2 11:28A Chart for @W8U
Dec 18 571'6 576'0 570'4 575'4 6'2 569'2 11:28A Chart for @W8Z
Mar 19 592'2 1'2 578'0s 11:28A Chart for @W9H
May 19 583'0 589'0 583'0 589'0 10'4 578'4 11:28A Chart for @W9K
My Custom Markets
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