Monday Outlook: Harvest Season Coming to a Close

The FOMC meets tomorrow, with a statement to come Wednesday, so look for plenty more news this week about what’s next for QE tapering and interest rates.

We’re also nearing the end of harvest season for many farmers. As that happens, there has been a parade of stories about how farmers are using new technology to monitor yields, moisture, land use and other factors important to maximizing crop production. We gathered a few interesting reads about the emerging technology available.

 

Economic Calendar:

 

Tuesday:

FOMC Meeting Begins

S&P Case-Shiller Home Price Index  9:00 AM ET

The Conference Board Consumer Confidence Index 10:00 AM ET

 

Wednesday:

US: ADP Employment Report 8:15 AM ET

US: Consumer Price Index 8:30 AM ET

FOMC Meeting Announcement 2:00 PM ET

 

Thursday:

Challenger Job-Cut Report 7:30 AM ET

Chicago PMI 9:45 AM ET

Bloomberg Consumer Comfort Index 9:45 AM ET

U.S. Farm Prices 3:00 PM ET

U.S. Fed Balance Sheet 4:30 PM ET

 

Friday:

U.S. PMI Manufacturing Index 8:58 AM ET

U.S. ISM Mfg Index 10:00 AM ET

 

Links:

The boom in ag technology is set to benefit farmers of all sizes (Beyond the Rows)

More farmers are using apps to track field conditions (Associated Press)

The agriculture business is “a sleeping giant” for companies building the internet of things (Gigaom)

Pending home sales drop by the most in three years (Futures Magazine)

More oil trains expected in Washington under proposals (fuel fix)

Has the Great Recession created behavioral changes in the labor markets? (Sober Look)

The Resiliency of the U.S. Futures Industry: A Chicago Perspective (Heartland)

China’s Coming Economic Slowdown (The Wall Street Journal)

Central Banks Drop Tightening Talk as Easy Money Goes On (Bloomberg)

Asset pricing in the frequency domain: Theory and empirics (VOX)

Haunted houses have become big business in the U.S. (The Economist)

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