January 2, 2026

Mid-Co Morning Comments:
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• Good morning and Happy New Year. Grain markets will open at 830am. Markets are indicated to be mixed on the open.
• Outside markets are variable this morning: US Dollar index is firmer while crude oil futures are weaker. The Dow and NASDAQ are stronger and Metals are firmer.
• USDA officially announced “Farmer Bridge Assistance Program” details on Wednesday afternoon (email below).
• Payments will be as follows: Corn $44.36/acre, soybeans $30.88/acre, and wheat $39.35/acre. Producers will receive pre-filled forms from the FSA and payments will go out in February.
• South American weather forecasts indicate plentiful rainfall for most of Brazil. However, dryness is beginning to build in parts of Argentina. Rain is projected to be limited through early next week then will build in some northern areas. The main concern for dryness in Argentina will be the central and southern areas.