Elevator Address

2518 Lockhead Rd
North Gower, ON
K0A 2T0
 



Contact Info:
1-855-SOY-CORN(769-2676)
Office: 613-489-0956
Fax: 613-489-0957
info@northgowergrains.com


Daily News
Just a quick reminder that we continue to accept low graded corn.      
Thursday, January 23, 2020, 7:50 a.m. – Yesterday was a mostly negative day for our markets.  Spot corn closed up 1 1/4, spot soybeans closed down 2 1/4, harvest 2020 spring wheat closed down 6 3/4 and harvest 2020 winter wheat closed down 3 3/4.  In the overnight trade corn and the wheat complex are positive with soybeans still on the negative side.  Our dollar had a high yesterday morning of $0.767 US and then went sharply down to trade most of the day at about $0.761 US.  This morning it is a bit lower with it currently valued at $0.760 US.
Yesterday the Bank of Canada announced that they are holding the overnight lending rate at 1.75%.  This was expected however they released a statement saying that the economy is going slower than previously expected.  This trend is expected to stay in place for next year and as such our dollar weakened on this news.  It looks like interest rate cuts may be required earlier than previously expected to help stimulate the Canadian economy.
Our markets all closed much below their daily highs yesterday.  This was very disappointing especially in the wheat market as the CBOT wheat had reached a 15 month high before it fell to close almost 15 cents lower than the high for the day.  The CBOT has rallied $1.34 per bushel since the low back in early September.  We wrote yesterday about some of the reasons for the recent strength in the wheat market.  Remember however that the elephant in the room is that the world remains well supplied in wheat.  This strong supply will place a lid on the current rally in prices, just where that lid will be is yet to be seen. 
Please call Geoffrey Guy at 613-880-2707 or Bob Orr at 613-720-1271 if you would like prices for crop you have stored on your farm.  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 Jan 23
ICE Futures Canada Afternoon Comments Jan 22

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Local Cash Bids
 
CORN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  390'2
1'4
 Harvest 2020  399'6
-1'0

SOYBEANS
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  905'0
-8'6
 Harvest 2020  942'6
-7'4

WHEAT, HRS + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  557'4
2'0
 Harvest 2020  582'0
2'0

WHEAT, SRW
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  580'6
3'0
 Harvest 2020  584'0
2'2

WHEAT, HRW + PROTEIN
  North Gower Grains
Futures Price Basis Cash Price Converted Price Futures Change
 Spot  580'6
3'0
 Harvest 2020  584'0
2'2

Price as of 01/23/20 09:02AM CST.
Month Symbols
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January 23, 1978
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Local Conditions
North Gower, ON
Chg Zip Code: 
Temp: -2oC Feels Like: -2oC
Humid: 53% Dew Pt: -11oC
Barom: 30.34 Wind Dir: SW
Cond: N/A Wind Spd: 6 km/h
Sunrise: 7:28 Sunset: 4:54
As reported at MASSENA, NY at 9:00 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
Mar 20 388'4 390'4 387'4 390'2 1'4 388'6 08:49A Chart for @C0H
May 20 394'0 395'0 392'6 394'6 0'4 394'2 08:49A Chart for @C0K
Jul 20 398'4 399'6 397'4 399'0 -0'2 399'2 08:49A Chart for @C0N
Sep 20 397'4 398'4 396'2 397'4 -0'4 398'0 08:49A Chart for @C0U
Dec 20 400'0 401'0 399'2 399'6 -1'0 400'6 08:49A Chart for @C0Z
Mar 21 409'6 410'4 409'0 409'2 -1'2 410'4 08:49A Chart for @C1H
May 21 414'0 414'2 413'0 413'6 -0'6 414'4 08:49A Chart for @C1K
Jul 21 416'4 416'6 416'2 416'6 0'0 416'6 08:49A Chart for @C1N
Sep 21 409'0 -1'0 408'2s 08:49A Chart for @C1U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 20 914'0 914'6 904'0 905'2 -8'4 913'6 08:49A Chart for @S0H
May 20 927'4 928'2 917'6 919'0 -8'4 927'4 08:49A Chart for @S0K
Jul 20 941'0 941'6 931'4 932'4 -8'6 941'2 08:49A Chart for @S0N
Aug 20 946'2 946'4 936'4 938'0 -8'0 946'0 08:49A Chart for @S0Q
Sep 20 946'0 946'0 937'0 937'6 -8'0 945'6 08:49A Chart for @S0U
Nov 20 950'0 950'0 941'4 943'0 -7'2 950'2 08:49A Chart for @S0X
Jan 21 953'6 954'2 946'0 947'0 -7'4 954'4 08:49A Chart for @S1F
Mar 21 943'6 943'6 938'4 939'6 -5'6 945'4 08:49A Chart for @S1H
May 21 943'0 943'0 939'2 939'2 -6'0 945'2 08:49A Chart for @S1K
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Mar 20 554'2 560'4 552'6 557'6 2'2 555'4 08:49A Chart for @MW0H
May 20 563'2 570'0 562'2 566'6 1'6 565'0 08:49A Chart for @MW0K
Jul 20 569'4 574'6 569'4 574'0 2'0 572'0 08:49A Chart for @MW0N
Sep 20 577'2 583'0 577'2 582'0 2'0 580'0 08:49A Chart for @MW0U
Dec 20 589'2 594'6 589'0 593'0 2'4 590'4 08:49A Chart for @MW0Z
Mar 21 605'0 605'0 605'0 605'0 4'0 601'0 08:49A Chart for @MW1H
May 21 609'6 -5'4 606'4s 08:49A Chart for @MW1K
Jul 21 Chart for @MW1N
Sep 21 Chart for @MW1U
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Mar 20 492'4 496'2 490'0 493'2 0'6 492'4 08:49A Chart for @KW0H
May 20 500'0 503'4 497'6 500'6 1'0 499'6 08:49A Chart for @KW0K
Jul 20 507'0 510'2 504'6 507'6 0'6 507'0 08:49A Chart for @KW0N
Sep 20 513'6 517'2 512'4 514'6 0'0 514'6 08:49A Chart for @KW0U
Dec 20 525'0 527'2 523'0 524'6 -0'2 525'0 08:49A Chart for @KW0Z
Mar 21 533'6 534'6 533'6 534'6 -0'4 535'2 08:49A Chart for @KW1H
May 21 540'6 -8'0 535'4s 08:49A Chart for @KW1K
Jul 21 537'4 -8'6 528'6s 08:49A Chart for @KW1N
Sep 21 499'6 -9'0 532'2s 08:30A Chart for @KW1U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Mar 20 577'6 582'4 576'0 581'0 3'2 577'6 08:49A Chart for @W0H
May 20 577'0 581'2 575'4 579'6 2'4 577'2 08:49A Chart for @W0K
Jul 20 576'0 580'2 575'0 579'2 2'4 576'6 08:49A Chart for @W0N
Sep 20 581'0 585'0 579'6 584'0 2'2 581'6 08:49A Chart for @W0U
Dec 20 589'6 592'4 587'6 591'6 2'0 589'6 08:49A Chart for @W0Z
Mar 21 595'2 597'6 595'0 596'6 0'0 596'6 08:49A Chart for @W1H
May 21 591'0 593'0 590'0 590'0 -0'4 590'4 08:49A Chart for @W1K
Jul 21 567'6 573'0 567'6 570'4 0'0 570'4 08:49A Chart for @W1N
Sep 21 572'0 572'0 572'0 572'0 -0'4 572'4 08:49A Chart for @W1U
My Custom Markets
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