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

Wednesday, April 24, 2019, 6:35 a.m. – Yesterday was a mixed day for our markets.  Spot corn closed down 3 1/2, spot soybeans were down 15, spot spring wheat was up 2 and spot winter wheat was up 3.  In the overnight trade corn is flat, soybeans and spring wheat are positive while winter wheat is negative.  Oil closed up $0.75 yesterday at $66.30 per barrel.  It is weaker this morning with it now trading at $66.06 per barrel.  Our dollar started out yesterday morning at $0.748 US and has been mostly down since that time as the US currency has strengthened versus most other major currencies.  This morning our dollar is currently valued at $0.745 US. 
It should be noted that our dollar has not increased in value this week with the higher oil prices.  It is unclear whether the market is not going to reward our dollar this time with a higher value or if a rally in our dollar is just on hold for a couple of days.  Remember a higher dollar value can have a negative impact on local basis levels. 
Soybean prices were down hard yesterday hitting 7 month lows on the CBOT for both nearby and harvest.  This comes after corn and spring wheat hit new lows on Monday.  The supply side of the soybean market has taken over and is driving prices lower.  Many market watchers continue to hold out some optimism that a potential trade deal between the US and China will be the saviour for this market.  It is hard to see how even a favourable trade deal for soybeans would drive prices significantly higher with the current supply of soybeans available in both North and South America. 
We would like to remind all of our customers that our Annual Customer Appreciation Day is just nine weeks away.  This year we are holding it on Wednesday, June 26th, 2019. 
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
Statistics Canada Crop Report Apr 24
ICE Futures Canada Afternoon Comments Apr 24

DTN Blogs & Forums


Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 spot  346'0
-0'6
 Harvest 2019  375'2
-0'6
 Harvest 2020  407'0
0'0

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  855'6
0'4
 Harvest 2019  890'4
1'0
 Harvest 2020  931'6
1'2

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  505'4
2'2
 Harvest 2019  523'4
2'4

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  432'2
0'0
 Harvest 2019  446'2
0'2

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  432'2
0'0
 Harvest 2019  446'2
0'2

Price as of 04/25/19 12:58AM CDT.
Month Symbols
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Local Conditions
North Gower, ON
Chg Zip Code: 
Temp: 7oC Feels Like: 5oC
Humid: 73% Dew Pt: 2oC
Barom: 29.95 Wind Dir: WSW
Cond: N/A Wind Spd: 7 km/h
Sunrise: 5:57 Sunset: 7:56
As reported at MASSENA, NY at 1:00 AM
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Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
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DTN Webinars

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 19 346'0 346'2 345'2 346'0 -0'6 346'6 12:46A Chart for @C9K
Jul 19 355'2 355'4 354'4 355'2 -0'6 356'0 12:46A Chart for @C9N
Sep 19 363'4 363'6 363'0 363'6 -0'4 364'2 12:46A Chart for @C9U
Dec 19 375'2 375'4 374'4 375'2 -0'6 376'0 12:46A Chart for @C9Z
Mar 20 390'4 391'0 390'2 390'6 -0'2 391'0 12:46A Chart for @C0H
May 20 399'0 399'6 399'0 399'6 0'0 399'6 12:46A Chart for @C0K
Jul 20 406'2 407'0 406'0 406'6 0'0 406'6 12:46A Chart for @C0N
Sep 20 402'4 402'4 402'4 402'4 0'0 402'4 12:46A Chart for @C0U
Dec 20 406'6 407'2 406'4 407'0 0'0 407'0 12:46A Chart for @C0Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 19 854'6 856'6 854'4 855'6 0'4 855'2 12:46A Chart for @S9K
Jul 19 868'2 870'2 868'2 869'2 0'4 868'6 12:46A Chart for @S9N
Aug 19 874'2 876'0 874'2 875'2 0'4 874'6 12:46A Chart for @S9Q
Sep 19 880'2 881'4 880'2 880'6 0'6 880'0 12:46A Chart for @S9U
Nov 19 888'6 891'2 888'6 890'4 1'0 889'4 12:46A Chart for @S9X
Jan 20 899'2 901'0 898'6 901'0 1'2 899'6 12:46A Chart for @S0F
Mar 20 908'6 909'4 908'6 909'2 1'4 907'6 12:46A Chart for @S0H
May 20 916'4 917'0 916'4 916'6 0'4 916'2 12:46A Chart for @S0K
Jul 20 932'4 934'0 925'6 925'6 -6'6 926'0s 12:46A Chart for @S0N
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
May 19 503'0 506'0 502'2 505'4 2'2 503'2 12:40A Chart for @MW9K
Jul 19 512'0 514'4 511'0 512'0 0'2 511'6 12:40A Chart for @MW9N
Sep 19 521'0 523'4 521'0 523'4 2'4 521'0 12:40A Chart for @MW9U
Dec 19 544'4 544'4 534'6 536'6 -6'4 536'4s 12:40A Chart for @MW9Z
Mar 20 557'4 557'4 550'2 551'2 -6'2 551'4s 12:40A Chart for @MW0H
May 20 561'4 561'4 561'4 561'4 0'4 561'0 12:40A Chart for @MW0K
Jul 20 575'0 575'0 569'0 570'0 -5'0 570'4s 12:40A Chart for @MW0N
Sep 20 585'2 -4'0 577'6s 12:40A Chart for @MW0U
Dec 20 598'0 -4'2 590'2s 04/24 Chart for @MW0Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 19 404'0 406'0 403'6 405'6 1'2 404'4 12:46A Chart for @KW9K
Jul 19 411'0 413'2 410'6 412'6 1'2 411'4 12:46A Chart for @KW9N
Sep 19 420'4 423'0 420'4 422'2 1'2 421'0 12:46A Chart for @KW9U
Dec 19 442'0 444'0 442'0 444'0 1'4 442'4 12:47A Chart for @KW9Z
Mar 20 463'6 465'0 463'6 465'0 1'0 464'0 12:47A Chart for @KW0H
May 20 485'2 485'6 478'0 478'0 -9'2 478'2s 12:47A Chart for @KW0K
Jul 20 490'2 490'2 490'2 490'2 -0'2 490'4 12:47A Chart for @KW0N
Sep 20 505'2 505'2 505'2 505'2 0'0 505'2 12:47A Chart for @KW0U
Dec 20 522'2 522'2 522'0 522'0 -7'4 522'6s 12:47A Chart for @KW0Z
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 19 430'6 433'0 430'4 432'2 0'0 432'2 12:46A Chart for @W9K
Jul 19 436'6 439'2 436'6 438'4 0'0 438'4 12:46A Chart for @W9N
Sep 19 444'4 446'4 444'4 446'2 0'2 446'0 12:46A Chart for @W9U
Dec 19 461'0 463'0 461'0 462'4 -0'2 462'6 12:46A Chart for @W9Z
Mar 20 479'2 480'0 479'2 479'4 0'0 479'4 12:40A Chart for @W0H
May 20 493'2 493'2 487'2 488'2 -5'4 489'2s 12:46A Chart for @W0K
Jul 20 494'0 494'0 493'6 493'6 -0'4 494'2 12:40A Chart for @W0N
Sep 20 502'6 503'0 501'2 502'6 -5'2 502'0s 12:40A Chart for @W0U
Dec 20 517'4 517'4 514'6 514'6 -6'0 515'4s 12:40A Chart for @W0Z
My Custom Markets
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