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Friday, August 29, 2014

Child Safety on the Farm

There are very few things more heart warming than a funny photo of a child 'farming'. Whether that be sitting on equipment or feeding animals or some other common activity thousands of adult farmers do daily.  

However, thousands of children are injured and hundreds are killed every year by hazards found on the farm. Some of these children are working on the farm while others wander into trouble on their own or are invited into hazardous areas. Implement injury prevention strategies today to protect agriculture's greatest resource, and the next generation of farmers, our children.
•    Do not allow children to roam freely on the farm. Design a fenced "safe play area." This area should be near the house and away from work activities.
•    Inspect your farm on a regular basis for hazards that can injure children wandering on your farm. Correct obvious hazards immediately.
•    Children who are physically able to be involved in farm work should be assigned age-appropriate tasks and continually trained to perform them. They should also be constantly supervised.
•    Equip all barns, farm shops, chemical storage areas, livestock pens, etc. with latches that can be locked or secured so that children cannot enter.
•    Always turn equipment off, lower hydraulics and remove the key before leaving equipment unattended.
•    Do not expose children to hazards. Never carry them on tractors and equipment or invite them into the farm shop, livestock barns, grain bins, etc.

Together we can! ensure the next generation of farmers are safe.

FC Morning Grain Market Commentary for 8/29/2014


AM Comments 8/29/2014

Friday, August 29, 2014, 8:08 AM
Submitted by: Joel Pudenz

We are a bit saturated this morning in Central Iowa – 24-hour accumulations show anywhere from 1” to 4” of rain for the central 1/3 of the state. Both the 6-10 day and 8-14 day forecasts from NOAA paint the same picture: wetter and warmer than average. The warmer temps will be welcome as corn needs to play a bit of catch up on GDDs. At the break, corn futures were 1 to 3 lower, taking a breather after a positive close yesterday. Yesterday’s momentum carried soybeans through the overnight trade with all forward months 2 cents higher this morning. Look for the market to be choppy today as traders position themselves for the 3 day weekend break.
Have a good day!

Thursday, August 28, 2014

FC Morning Market Commentary for 8/28/2014


AM Comments 8/28/2014

Thursday, August 28, 2014, 8:08 AM
Submitted by: Joel Pudenz

Export sales released this morning at 7:30 failed to cause any fireworks before the 7:45 break. Old crop corn and soybeans sales were both net negative (due to cancelations) and within market expectations. What’s got the market a bit excited is new crop export sales: new crop corn sales were on the upper range of estimates and beans were higher than the trade expected. The variable to watch today is what is happening in Eastern Europe. Wheat futures are higher on reports of increased tension and Russian troops entering Eastern Ukraine. Unless we know Black Sea exports are being affected, this will be a short term supportive input.
Weather looks to be wet for the next few weeks. Plenty of precipitation is in the forecast for the Western Corn Belt with some colder weather to follow. However, there is no threat of frost forecasted at through at least mid-September. NOAA projects a warmer-than-average winter (Nov-Dec-Jan) is on the way, which would be nice after what we had last winter.
Markets opening:
Corn 1 to 2 cents higher
Beans 1 to 3 higher
Have a good day!

Wednesday, August 27, 2014

FC Morning Grain Market Commentary for 8/27/2014


AM Comments 08/27/14

Wednesday, August 27, 2014, 8:08 AM
Submitted by: Dustin Weiner

The soybean market is bouncing higher today after making new contract lows yesterday.  This rally this morning could end up being nothing more than profit taking, but it is still nice to see.  U.S. soybean yields in the Delta look fantastic and good weather has allowed them to get it out of the field without issues.  This of course has pressured soybean basis in the South, which will slowly work its way North here soon as the inverse collapses. 
Overall for today we expect a choppy two-sided trade on very little news.  One thing to think about:  in the eyes of the trade potential crop sizes if anything are still growing, not shrinking which should keep somewhat of a lid on the market. 
Opening Calls
Corn 2 to 3 cents lower
Soybeans 2 to 4 cents higher
Have a great day!

Tuesday, August 26, 2014

FC Morning Grain Market Commentary for 8/26/2014


AM Comments 8/26/2014

Tuesday, August 26, 2014, 8:08 AM
Submitted by: Joel Pudenz

The market is fairly quiet this morning, showing weaker futures for corn and soybeans. New crop soybeans are lower at the break (and made new contract lows overnight), reflecting friendly weather and steady/strong soybean crop ratings. Pod setting is 90% vs. 89% on average. As we near the start of September, we know a later-than-average fall will be needed – nothing is showing us that we will receive anything different. Corn ratings improved from last week by 1% nationally, pressuring new crop prices. We anticipate the market to trade steady to lower throughout the day – which won’t make much of a Turnaround Tuesday.
Have a good day!

Monday, August 25, 2014

FC Morning Grain Market Commentary for 8/25/2014


AM Comments 08/25/14

Monday, August 25, 2014, 7:08 AM
Submitted by: Dustin Weiner

So far this morning the futures markets for corn and soybeans are weaker on nothing more than good weather and generally rising production projections.  Weather… there were some nice rains over the weekend which included NE IA and NW IL (they have been extremely dry) which can only help production in those areas. When looking at extended weather forecasts today there are not any signs of a cold snap in either the 6-10 or 8-14 day maps… yes, it is getting to be that time of year to keep an eye out for early frost/freeze potential.  Production… the Delta is getting started with corn harvest and early yield indications out of there look slightly better than expected. 
Opening Calls
Corn 2 to 4 cents lower
Soybeans 5 to 8 cents lower
Have a great day!

Friday, August 22, 2014

DuraCade/Viptera Acceptance Policy **REVISION**

Recently there have been changes within the marketplace in terms of who will accept the DuraCade and Viptera corn traits.  Several local end users that initially announced they would accept these products have now changed policy and will not accept them. 
Therefore, the only FC location that will be able to accept these varieties will be BUCKEYE.  Additionally, there may by specific unload days or hours involved with these receipts.  Growers will need to advise us prior to delivery for further logistics coordination.
Please consult your Syngenta representative for help determining a delivery point