Monthly Archives: October 2014

MidCo Morning Comments

Good morning. Markets have rallied overnight on short covering, harvest delays , and a weaker Dollar. A weekend freeze in North Dakota may have reduced corn yield somewhat.  The Northern Midwest should see good harvest progress this week as weather looks favorable, but further south, harvest progress will be limited as wet soils and more rain this week will keep many producers out of the field. Today’s crop conditions report will likely show about 20% of the nation’s

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MidCo Morning Comments

Good morning. Grains and soybeans are going nowhere this morning after a quiet night of trading. Heavy rains of 2+ inches fell on a large area of the Eastern Midwest the past two days which will halt harvesting for several days. Extended forecasts look cool and rather wet. Not a good recipe for spread widening.   The Dollar is firmer this morning. Informa will release its latest estimates of U.S. corn and soybean production at about 10:30

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