Monthly Archives: April 2014

MidCo Update

Weaker markets today as corn loses 5 and beans are 3-10 lower. Bull-spreading nearby beans seems to be the play as we enter deliveries. There were no deliveries of corn, beans, meal, oats or KC wheat. Corn may be pressured on a warmer/drier outlook in the Midwest for next week. Reports of 20+ inches of rainfall in the FL panhandle over a 24 hour period. Dry conditions are forecasted over the next 7 days for the Delta and

more

MidCo Morning Comments

Good morning. It’s the end of the line for April and markets have started the day lower as drier and warmer weather forecasts should allow for better planting prospects. Cool and damp conditions will persist across the Midwest today and tomorrow before warmer and dry conditions take over into the middle of next week. Some profit taking was evident overnight following yesterday’s rally. There were no deliveries against the May contract of corn, beans, or soymeal. Wheat deliveries

more