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Quotes retrieved on October 31, 2020, 02:12:10 PM CDT
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Current Weather Gowanlea

Gowanlea Announcements

Due to the rising carbon tax on dryer fuel, we feel we need to adjust our drying rates upwards for 2020 harvest.  The hope was that the Liberal government would rescind the tax on dryer fuel but that has not happened. We have gotten direction from OABA concering this issue.  They have suggested that rates must rise.  The proposed increase amounts to about 10% over last year.  I have a copy of the suggested rate increase available at the scalehouse for anyone who wants to see it.

We have increased soybean drying more than 10% due to a lag in adjustments over the years.  We have brought our rates up to the local competitive level and adjusted for the carbon tax. 

 

Putting in "Market Orders" for both old crop in storage and new crop sales is a good idea. Let us watch the market for you. Know what you want for your grain and get the price when and if it becomes available. 

 

A phone call or email is all we need.

 

Log onto Grainview.ca to see Tickets, Inventory and Contracts.  Use the same email you now receive tickets with, as your login.  Request a password which will be sent to you. We will still be emailing tickets as soon as they are posted.  (You will have to start a new browser page and goto grainview.ca from there.)

 

 

 

 

 

Local Weather
 
WEATHER CENTER

Commentary
Wheat Heads for Weekend Lower -

At the closing bell on Friday, front month wheat futures were down 1/2 to 5 1/4 cents on the CBT. Kansas City HRW was down 3/4 to 1 1/2 cents on the

Cattle Post Gains on Friday -

Friday fat cattle trading left the board 2 to 32 cents higher for the front month contracts. October contracts expired at $105.97. Feeder cattle

Cotton Falls Back on Friday -

Friday cotton trading left the board 73 to 102 points lower. March 21 was down the most on the day, but Dec was down 237 points from Friday-Friday.

Corn Gains ahead of Weekend -

Corn futures closed the last trading day of the week with 1 3/4 to 3 3/4 cent gains. Dec corn was unchanged on the day (but down 20 ¾ for the week)

Beans Close Higher on Friday -

Soybean futures recovered 4 3/4 to 8 1/2 cents on Friday. Despite this, Nov beans were still 2.5% below last Friday’s close. CME noted 300

Ag Market Commentary -

Corn futures closed the last trading day of the week with 1 3/4 to 3 3/4 cent gains. Dec corn was unchanged on the day (but down 20 ¾ for the week)

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