Commentary
	MIDWEST MARKET SOLUTIONS EARLY MARKET COMMENTARY May 18, 2012 By: Brian Hoops, President HEADLINES • Cattle on Feed report is this afternoon at 2:00 pm. • The CME withdrew their proposal for expanding electronic grain trading  hours to 22 hours per day, opening at 6:00 P.M, closing at 4:00 P.M. CT.  The new proposal has the electronic markets open 21 hours per day opening  at 5:00 P.M. and closing at 2:00 P.M. CT, Sunday through Friday.  OPENING CALLS Corn: 2-4 higher • Funds bought 6,000 contracts.  • July corn has resistance at $6.32 with support at $6.02 Soybeans: 2-5 lower • On Thursday morning, private exporters announced a sale of 480,000 mts of  soybeans to China. • Funds bought 5,000 contracts. • July soybeans have chart resistance at $14.45 ½ and support at $14.20 ¾  Wheat: 1-2 higher • Jordan bought 50,000 mts of wheat. • Japan purchased 158,783 mts of milling wheat from the US, Australia and  Canada. • On Thursday morning, private exporters announced Iraq bought 100,000 mts  of US HRW.  • Funds bought 6,000 contracts. • July Chicago wheat have chart resistance at $6.64 and support at $6.41 ½ Live and Feeder Cattle: 20-40 higher • June live cattle have chart resistance at $118.50 and support at $116.97 Lean Hogs: 10-20 higher Highlights of this week's Market Insider Weekly Newsletter include: * A look at the monthly supply/demand report. * Charts of the latest COT report. * A look at global beef and pork production. * Story on MF Global's recovery of more than $1 billion. * Informa's latest acreage estimates. * ADM's quarterly earnings report. * Story of an online petition threatening a boycott of the CME. * How JP Morgan & Chase lost $2 billion trading.   * Plus much more. For more information visit our website at www.midwestmarketsolutions.com. Clients receive web access as a free service, access is available for a small monthly fee to non-clients. Services available at Midwest Market Solutions: * Full Service Brokerage * Market Solutions Hedge Program * Market Insider Daily Newsletter * Market Insider Weekly Newsletter * Audio Market Commentaries * Professional Trading Systems The risk of loss in trading commodity futures may be substantial and therefore may not be suitable for the recipients of this information. Those acting on this information are responsible for their own actions. Copyright 2012 Midwest Market Solutions, Inc.                 CLICK HERE to login to the Market Insider

	Member Login
	Click Here to request a username/password. Username   Password   Forgot your username?    Forgot your password?

	Local Conditions
	Springfield, MO Chg Zip Code:  Temp: 72oF Feels Like: 76oF Humid: 52% Dew Pt: 53oF Barom: 29.88 Wind Dir: SSE Cond: N/A Wind Spd: 9 mph Sunrise: 6:01 Sunset: 8:18 As reported at SPRINGFIELD, MO at 11:00 PM
	View complete Local Weather

	National Radar

	Services available... Midwest Market Solutions: • Full Service Brokerage • Market Solutions Hedge Program • Market Insider Daily Newsletter • Market Insider Weekly Newsletter • Audio commentaries

	Market Insider Newsletter SUBSCRIBE ONLINE! You can now buy a subscription online using Pay Pal!  We offer three choices when it comes to subscribing to our service, monthly or yearly or just the weekly Market Insider Newsletter. Monthly Website Subscription $20 Monthly VIP Website Subscription $200 Annually   Market Insider Newsletter $10 Monthly

	Futures
	@C - CORN - CBOT Month Change Last Open High Low Time More Jul 12 0'0 635'4s Sep 12 0'0 546'4s @S - SOYBEANS - CBOT Month Change Last Open High Low Time More Jul 12 0'0 1405'0s Aug 12 0'0 1381'0s @SM - SOYBEAN MEAL - CBOT Month Change Last Open High Low Time More Jul 12 0 4179s 0 0 0 Aug 12 0 4034s 0 0 0 @W - WHEAT - CBOT Month Change Last Open High Low Time More Jul 12 37'4 695'2s 656'6 697'4 652'4 03:04P Sep 12 33'4 703'0s 668'0 707'4 664'2 03:08P @KW - HARD RED WINTER WHEAT - KCBT Month Change Last Open High Low Time More Jul 12 0'0 705'0s @MW - HARD RED SPRING WHEAT - MGE Month Change Last Open High Low Time More Jul 12 0'0 792'0s @LE - LIVE CATTLE - CME Month Change Last Open High Low Time More Jun 12 1.600 119.525s 117.875 119.900 117.875 04:07P @HE - LEAN HOGS - CME Month Change Last Open High Low Time More Jun 12 0.000 87.425s 87.675 87.950 86.800 04:07P @ES - E-MINI S&P 500 - CME Month Change Last Open High Low Time More Jun 12 - 10.50 1290.75s 1302.00 1310.50 1289.75 03:21P @GF - FEEDER CATTLE - CME Month Change Last Open High Low Time More May 12 0.675 151.300s 150.225 151.600 150.200 04:07P Aug 12 0.775 160.700s 159.850 161.250 159.700 04:07P Sep 12 0.550 161.725s 161.100 162.325 161.050 04:07P My Custom Markets Symbol Change Last Open High Low Time More

	The views expressed by Midwest Market Solutions are an opinion only; expressed with the best intentions, but not guaranteed. The thoughts expressed and the data from which they are drawn are believed to be reliable but cannot be guaranteed because of their complexities and their reference to the future. Neither the information presented nor any of the opinions expressed constitute a solicitation by Midwest Market Solutions, Inc. for the purchase or sale of any commodities. Any opinions expressed herein are subject to change without notice. Any republication or use of this information without the express written permission of Midwest Market Solutions, Inc. is strictly prohibited. The risk of loss in trading commodity futures may be substantial and therefore may not be suitable for the recipients of this information. Those acting on this information are responsible for their own actions. Copyright 2012 Midwest Market Solutions, Inc.