FC Morning Grain Market Commentary for 10/14/2013

Morning Comments 10/14/2013

Monday, October 14, 2013, 9:23 am
Submitted by: Kyle Lehman

A touch higher markets to start the week led by soybeans. Soybeans are finding strength from wet weather forecasts for the western corn belt which should slow harvest progress in those areas. Rumors continue to fill the air that China was a large buyer of US soybeans last week which won’t be confirmed until the government opens back up. The Chinese government has released estimates for their 2013 crop pegging corn production at record large crop up 4.6% from last year while soybeans are down 4.25%.

 

Outside markets are bearish with fear the government won’t deal with the lingering debt ceiling issue in the next 3 days. This has the dollar, crude, and equities all trading lower.

 

http://www.fccoop.com/markets/commentary_detail.cfm?CommentaryID=1880

 

2013 Iowa Power Farming Show Information

The Iowa Power Farming Show is coming to the Iowa Events Center (Des Moines) starting Tuesday, January 29th through Thursday, January 31st.  

FC will provide updates from the Iowa Power
Farming Show this year

The Show will be open during the following hours:

9-4 pm Tues., January 29, 2013
9-4 pm Wed., January 30, 2013
9-3 pm Thurs., January 31, 2013

FC will be sending several representatives to the show and updating our readers with news and photos throughout the duration of the show. The show will feature over 1,800 booths, spread over 7 acres of display space representing 29 states and 4 Canadian Provinces. 

General admission tickets can be purchased for $6/each while children under 14 years old can enter for free.

Over 7 acres of displays will fill the Iowa Events Center at the 2013
Iowa Power Farming Show this year.