Mission Statement: To profitably provide quality products and service that help our customers succeed

Midland Marketing Coop, Inc. handles Wheat, Milo, Corn, Soybeans and Sunflowers, along with dry and liquid fertilizers, NH3, seed, chemicals, feed and petroleum products 


FCStone Morning Comments


Renewable Fuel Standards Require Ethanol Usage in Gasoline

Refiners and pipelines throughout the country are transitioning to a sub-octane gasoline (typically 84 octane).  The primary driver of this conversion is the Renewable Fuels Standard passed by Congress in 2005 that requires a refiner to off-set fuel production with a renewable fuel such as ethanol.  Pipelines in the United States are transitioning to sub-octane gasoline due to limited tank space at the terminal level.  In an effort to optimize operational efficiency, the pipeline companies may determine when to move to sub-octane unleaded gasoline only.  Click Here for more information about ethanol and its use.

Midland Marketing Cash Bids - 10 Minute Delay, Subject to Change Without Notice
Name Notes Cash Price Basis Month Futures Price Futures Change Basis
North - Palco, Zurich, Plainville, Natoma - Priced per bushel except Sunflowers priced per cwt
Central - Yocemento, Hays, Toulon - Priced per bushel except Sunflowers priced per cwt
South - Brownell, McCracken, Hargrave, LaCrosse - Priced per bushel except Sunflowers priced per cwt

Quotes retrieved on April 23, 2014, 12:56:33 PM CDT
Disclaimer
These internet pages are for informational purposes only.  For a current quote, please call the office.  If you wish to do transactions with Midland Marketing by Internet/Email, you must receive a confirmation from Midland Marketing, stating that they have received your Email.  If you do not receive a confirmation, the transactions are null and void.

Market Snapshot
Quotes retrieved on April 23, 2014, 12:56:33 PM CDT
Commentary
Ag Market Commentary -

Corn futures are trading 7 cents higher at midday.  The weekly EIA report showed ethanol production at 910,000 bpd, which was lower

Soybeans -

Soybean futures are trading 2 cents lower to 5 cents higher at midday.   Two soybean cargoes out of Brazil were reportedly

Wheat -

Wheat futures are trading 6 to 7 cents higher at midday.  The May 14 KCBT contract is displaying the most strength and is changing hands at

Corn -

Corn futures are trading 7 cents higher at midday.  The weekly EIA report showed ethanol production at 910,000 bpd, which was lower

Cotton -

  Cotton futures are trading 69 to 147 points lower at midday.  Cash activity picked up yesterday with grower to business sales

Lean Hogs -

Lean Hogs are trading $0.50 to $1.32 higher at midday.   The CME Lean Hog Index is down another $1.17 at $118.48.  The

Full commentary...
Local Weather

Hays, Kansas (67601)

Current Conditions: Sunny
Temperature: °F Dew point: °F
Humidity: % Pressure: 29.70 in. Hg
Wind: 18 mph From: South

Zip Code:

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