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

Customer Appreciation Day - Wednesday June 27th, 2018
Special One Day Pricing Opportunities

Tuesday, June 19, 2018, 7:25 a.m. – Yesterday was a mixed day for our markets.  Harvest corn closed down 5 1/2, harvest soybeans were up 1, harvest winter wheat closed down 9 1/2 and harvest spring wheat closed down 9.  In the overnight trading all of our markets are once again on the negative side.  Oil closed up $0.79 yesterday at $65.85 per barrel.  It is weaker this morning with it now trading at $64.80 per barrel.  Our dollar started yesterday morning at $0.760 US and has been mostly down since that time as the US dollar has strengthened versus most other currencies.  This morning our dollar is currently valued at $0.753 US.  This is the same level as June 20th of last year which is the low in trading over the last 365 days.  The high in trading occurred on September 11, 2017 when our dollar was valued at $0.826 US. 

Yesterday the weekly US Crop Progress Report was released.  Their corn crop is now rated at 78% good to excellent, up 1% for the week.  Last year their crop was rated at 67% good to excellent.  Their soybean crop is now reported at 97% planted, this is up 4% for the week and remains ahead of both last year’s 95% and the 5 year average of 91% planted.  This crop is rated at 73% good to excellent which is down 1% from last week.  It still is ahead of last year’s rating of 67% good to excellent.  The spring wheat crop is rated at 78% good to excellent which is up a strong 8% from last week.  Last year the spring wheat crop was only rated 41% good to excellent.  Their winter wheat crop is now rated 39% good to excellent.  This is up 1% for the week and remains behind last year’s rating of 49% good to excellent.  This crop is now 27% harvested, which is up 13% for the week.  Last year they were at 26% harvested and the 5 year average is only 19% harvested. 
No real surprises in the Crop Progress Report with the good growing weather that they continue to have over much of the US crop land.  The winter wheat harvest is progressing with better than expected yields and this will continue to put negative pressure on prices.
Soybean prices are down hard in the overnight trading after having a small gain yesterday.  They are once again caught up with the negative aspects of the Trade War between China and the US.  With the crop looking good in the US and the largest buyer placing a 25% tariff on imports from the US it seems the only way for prices to go is down.
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.

Canadian News
ICE Futures Canada Morning Comments June 19
ICE Futures Canada Afternoon Comments June 19

DTN Blogs & Forums


Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  353'6s
-2'2
 Harvest 2018  375'4s
-1'6
 Harvest 2019  399'4s
0'4

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  889'0s
-19'4
 Harvest 2018  911'0s
-20'4
 Harvest 2019  925'4s
-10'4

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  549'4s
-14'2
 Harvest 2018  560'4s
-11'4
 Harvest 2019  609'4s
-10'4

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  477'6s
-12'2
 Harvest 2018  489'4s
-12'0
 Harvest 2019  554'4s
-11'4

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  477'6s
-12'2
 Harvest 2018  489'4s
-12'0
 Harvest 2019  554'4s
-11'4

Price as of 06/19/18 06:51PM CDT.
Month Symbols
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June 19, 1924
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Local Conditions
North Gower, ON
Chg Zip Code: 
Temp: 23oC Feels Like: 23oC
Humid: 41% Dew Pt: 9oC
Barom: 29.91 Wind Dir: W
Cond: N/A Wind Spd: 6 km/h
Sunrise: 5:15 Sunset: 8:52
As reported at KEMPTVILLE, ON at 7:00 PM
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Local Radar
North Gower, ON
Chg Zip Code: 
 
Local Temps
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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 18 355'6 357'6 338'6 353'6 -2'2 353'6s 06:39P Chart for @C8N
Sep 18 365'4 367'4 348'2 363'2 -2'2 363'2s 06:38P Chart for @C8U
Dec 18 377'2 379'0 360'0 375'2 -1'6 375'4s 06:34P Chart for @C8Z
Mar 19 387'0 388'0 369'4 384'6 -2'0 385'0s 04:58P Chart for @C9H
May 19 394'0 394'4 376'2 391'4 -2'2 391'4s 04:47P Chart for @C9K
Jul 19 400'0 400'4 382'4 397'6 -2'0 398'0s 05:28P Chart for @C9N
Sep 19 392'0 395'6 381'4 395'0 0'0 395'2s 04:48P Chart for @C9U
Dec 19 399'0 399'6 387'0 397'6 0'4 399'4s 06:35P Chart for @C9Z
Mar 20 408'0 408'0 397'0 398'4 0'6 408'4s 04:49P Chart for @C0H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 18 905'0 905'6 841'4 889'2 -19'4 889'0s 06:38P Chart for @S8N
Aug 18 910'4 911'2 847'4 895'0 -19'6 894'2s 05:49P Chart for @S8Q
Sep 18 916'6 917'0 853'4 901'0 -19'6 900'2s 04:59P Chart for @S8U
Nov 18 928'2 929'0 864'4 911'2 -20'4 911'0s 06:38P Chart for @S8X
Jan 19 936'0 936'6 874'0 920'6 -19'4 920'2s 04:50P Chart for @S9F
Mar 19 940'4 940'4 881'2 923'6 -19'2 924'0s 05:50P Chart for @S9H
May 19 948'2 948'2 890'0 931'6 -18'2 932'0s 04:58P Chart for @S9K
Jul 19 953'2 953'4 898'0 939'0 -17'6 939'4s 06:13P Chart for @S9N
Aug 19 944'4 944'4 913'6 935'4 -16'4 939'2s 01:20P Chart for @S9Q
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Jul 18 563'0 563'6 541'6 548'0 -14'2 549'4s 06:39P Chart for @MW8N
Sep 18 572'0 573'4 554'6 558'0 -11'4 560'4s 06:12P Chart for @MW8U
Dec 18 585'0 585'2 569'0 573'2 -10'2 575'2s 03:35P Chart for @MW8Z
Mar 19 600'4 600'4 584'0 588'6 -10'0 590'4s 04:46P Chart for @MW9H
May 19 609'0 609'0 597'2 600'0 -9'4 600'0s 01:31P Chart for @MW9K
Jul 19 609'0 609'0 608'0 608'0 -9'6 608'4s 01:31P Chart for @MW9N
Sep 19 615'4 615'4 604'4 607'0 -10'4 609'4s 01:31P Chart for @MW9U
Dec 19 629'6 -12'0 618'2s 01:31P Chart for @MW9Z
Mar 20 Chart for @MW0H
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Jul 18 499'2 500'4 471'6 483'2 -16'4 483'0s 05:00P Chart for @KW8N
Sep 18 515'0 516'4 487'6 499'4 -16'0 499'0s 06:22P Chart for @KW8U
Dec 18 538'0 539'2 511'6 524'0 -15'4 522'6s 03:40P Chart for @KW8Z
Mar 19 554'0 555'2 529'4 542'2 -13'4 541'0s 04:58P Chart for @KW9H
May 19 564'0 564'0 543'2 555'0 -12'4 552'4s 01:20P Chart for @KW9K
Jul 19 569'0 569'0 548'2 561'4 -10'4 558'6s 01:20P Chart for @KW9N
Sep 19 572'0 572'0 562'0 570'6 -9'6 569'4s 01:30P Chart for @KW9U
Dec 19 586'6 586'6 578'0 586'6 -8'4 585'0s 01:30P Chart for @KW9Z
Mar 20 639'4 -14'2 587'6s 01:20P Chart for @KW0H
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 18 489'4 490'4 467'4 480'0 -12'2 477'6s 06:38P Chart for @W8N
Sep 18 501'0 501'2 480'0 491'4 -12'0 489'4s 06:19P Chart for @W8U
Dec 18 520'0 521'0 501'6 510'6 -12'0 509'2s 06:33P Chart for @W8Z
Mar 19 539'2 539'2 521'4 528'6 -12'0 527'6s 06:32P Chart for @W9H
May 19 549'4 550'0 535'0 540'0 -12'4 540'0s 01:30P Chart for @W9K
Jul 19 557'6 557'6 540'2 546'2 -12'6 545'6s 05:42P Chart for @W9N
Sep 19 564'2 565'4 548'4 554'2 -11'4 554'4s 01:20P Chart for @W9U
Dec 19 577'2 578'2 561'2 568'4 -10'4 568'0s 01:20P Chart for @W9Z
Mar 20 572'4 580'4 572'4 577'6 -9'6 577'0s 01:20P Chart for @W0H
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