Monthly Archives: October 2014

MidCo Morning Comments

Good morning. Prices have traded both sides of yesterday’s close overnight with markets currently in the green. Crude is higher this morning and the Dollar is weaker. A good harvest day is shaping up across the Midwest and the remainder of the week looks good weather-wise with the exception of tomorrow when parts of the Midwest may see some very light rainfall. Next week looks wetter. Excellent demand for soybeans and soymeal is keeping both Gulf

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MidCo Morning Comments

Good morning. Corn and soybean markets overnight  continued their strong rallies from yesterday. Beans are leading the way higher, supported by a strong export pace and by higher soymeal futures. Commodity funds buying continues.  Last week’s export inspections were right at 80 million bu. and seemed to remind the trade that the U.S. is projected to export a record amount of beans this year. Soymeal is benefiting from strong basis levels for cash meal, particularly in

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