Monthly Archives: March 2014

MidCo Update

Corn under pressure today as traders fear larger than expected Q2 stocks. The expected increase in stocks is pressuring CK-CN, now @ -4.75. Equities are higher today with the Dow showing triple digit gains. Janet Yellen: “extraordinary measures still needed to support economy”. The above comment suggests low interest rates will continue for quite some time. Weekly grain inspections large for corn @ 52.2 mb; beans @ 18.6 and wheat @ 18.1. Beans loaded to China totaled 7.4 mb; Japan, Egypt and S Korea