Monthly Archives: November 2014

MidCo Morning Comments

Good morning. Soybeans are rebounding from yesterday’s selloff while corn and wheat markets are little changed this morning. Steady demand is providing support for beans as is a lack of farmer selling as soybean harvest is nearly complete (yesterday’s crop conditions report showed 97% of soybeans harvested nationwide). Soymeal basis levels have declined slightly but are still at lofty levels and crush margins remain excellent. Corn harvest is now estimated to be 94% complete. The winter wheat crop

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MidCo Morning Comments

Good morning.  Corn in a 3 cent range and beans in a 9 cent range overnight.  Market remains a back of forth affair.  Some traders have mentioned the traditionally markets rally into Thanksgiving.  Not sure that will work this week, but we’ll see.  Full trading days today through Wednesday.  Closed Thursday.  Markets open till noon on Friday.  Disjointed trading week may push some traders to the sidelines, which if equating to thin trade means not much happens are

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