Monthly Archives: October 2014

MidCo Morning Comments

Good morning. Corn and soybeans have rallied overnight with soybeans supported by firming soymeal prices and additional short covering boosting corn. Technicals are turning positive with SF near the 50 day moving average and CZ near the 100 day moving average. Excellent demand for soybeans and meal continue and Eastern Midwest crushers are light on soybean supplies as harvest is just beginning to pick back up following the wet period of the past couple of weeks.
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MidCo Morning Comments

Good morning. Forecasts pointing toward an extended period of good weather for the Midwest are driving corn and soybeans lower this morning following an active harvest weekend for corn. The next ten days will feature below normal rainfall with temperatures rising to above normal by later this week. Central and Northern Brazil are forecast to get 2 – 5” of rain over the next ten days which will erase the dry conditions in that region. The

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