Monthly Archives: May 2014

MidCo Update

Slightly lower markets again today as favorable weather remains bearish. CZ and WU makes new lows for the move; CZ now testing support @ $4.60. Weekly export sales provided minor buying interest that quickly faded away. Corn sales were 24.5 mb old, just 3.6 mb new; wheat @ -1.9 mb old, 19.5 mb new. Bean sales continue strong with 2.2 mb old, needing to avg -3.6 to reach goal. In addition to no net bean cancellations, new crop