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North Mountain Ag Services

WEEKLY UPDATE FEBRUARY 28, 2014

NORTH MOUNTAIN AG SERVICES WEEKLY UPDATE February 28, 2014 Agricultural News: Corn prices slightly stronger Soybean pricing and protein values Cattle supplies- what does the short term look like? Pork pricing, cash vs. cutout Market Updates: Corn basis across much of the eastern US has been strong this past week as grain producers inventory product in the face of futures prices that have been essentially flat.  It is our expectation that this will continue into early March as producers continue to make marketing decisions based on forecasted returns that were much higher than what the corn market is currently offering. While reports of large South American soybean supplies continue, transportation remains a significant concern for product reaching the US.  Sugar continues to draw upon the limited resources to move bulk product in a timely manner.  With high protein values...

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