PNG govt stops negotiations over the P’nyang gas project with ExxonMobil. (Credit: Pixabay/aymane jdidi) The Papua New Guinea (PNG) government said that it has stopped negotiations with US oil and gas firm ExxonMobil over the proposed P’nyang gas project in the country.The gas project calls for the development of the P’nyang gas field to help in the expansion of the ExxonMobil-operated $19bn PNG LNG project, which has been in production since 2014.However, the PNG government and ExxonMobil could not reach a consensus on the terms of the P’nyang gas agreement.PNG Prime Minister James Marape said that the US company was not willing to agree to “reasonable terms” with the government’s negotiators in supporting the development of the P’nyang natural gas field.Marape added that ExxonMobil proposed an ‘out-of-the-money’ deal for PNG and was not intending to make concessions in contrast to the government’s willingness. The government said that with the negotiations over the P’nyang gas project stopped, it can focus on developments that are already in the pipeline.PNG Prime Minister statement on the P’nyang gas projectJames Marape said: “The terms we proposed to Exxon Mobil were fair, ensuring PNG benefits from the project while the international oil companies made decent returns. Our proposals were rejected as these companies tried to extract even more profit for themselves.”The failed talks have now put doubts on the prospects of a $13bn plan of ExxonMobil, Total, and other partners in the Papua LNG project of doubling liquefied natural gas (LNG) exports in PNG by 2024, reported Reuters.In April 2019, Total and its partners ExxonMobil and Oil Search signed a gas agreement with the PNG government which defined the fiscal framework for the Papua LNG Project.The PNG government is reportedly seeking far better terms for the P’nyang gas project compared to the agreement it signed with Total for the Papua LNG project.Discussions on the P’nyang project were earlier put on hold in 2019 with the PNG government looking to revise Total’s agreement for the Papua LNG project. In September 2019, the Papua LNG project deal was endorsed by the government following certain concessions from Total.ExxonMobil’s partners in the proposed P’nyang gas project are Oil Search, Santos, JX Nippon, and Kumul Petroleum and Mineral Resources Development (MRDC).Oil Search stated: “It is unfortunate that, at this time, the stakeholders in P’nyang cannot agree on the appropriate balance of value and benefits for a Gas Agreement to be concluded.“Under the terms proposed by the State, the joint venture partners were unable to obtain a return on their investment that made the project investable and bankable. For Oil Search, the project returns under the State’s proposed terms were approximately the same as our cost of capital, on an unrisked basis.”The company said that it will continue talks with the PNG government on the P’nyang gas field project. The project calls for the development of the P’nyang gas field to help in the expansion of the ExxonMobil-operated $19bn PNG LNG project
Schroders – Andreas Markwalder has been appointed country head of Switzerland. He joins from GastroSocial, the largest Swiss pensions fund in terms of members, with CHF6.3bn (€5.9bn) in assets. Before becoming chief executive, he was head of investments for 13 years. He also sits on a range of boards of investment funds and is the founder of the AFIAA, a global property fund with more than 40 Swiss pension funds invested.Held – Pension lawyers Teun Huijg, Mark Heemskerk and Maarten Minnaard are to launch a “boutique” law firm named Held. Huijg joins from law firm Stibbe, while Heemskerk and Minnaard worked at Onno F. Blom Advocaten and Houthoff Buruma, respectively. Huijg has been involved in the dispute between KLM and its pilots on indexation, as well as the set up of two general pension funds (APFs). Heemskerk has been Prof of pensions law at Radboud University in Nijmegen since 2012 and specialises in equal treatment, the scope of law and the right of say. Minnaard focuses on insurance contracts and fiscal matters and has advised in many collective value transfers to insurers and pension funds.National Employment Savings Trust – NEST has hired John St Hill as deputy CIO in a newly created role. St Hill joins from the Pension Protection Fund (PPF), where he was a senior portfolio manager. He left the UK’s lifeboat fund for defined benefit schemes in October last year. At NEST, he will be reporting to CIO Mark Fawcett.IIGCC – Peter Damgaard Jensen, the chief executive of Danish pension fund manager PKA, has succeeded Donald Macdonald as chair of the Institutional Investors Group on Climate Change (IIGCC). Macdonald is also retiring as a trustee director of the £46bn (€56bn) BT Pension Scheme in the UK, a role he held for 19 years.Asset Management One International – The London-based subsidiary of Asian asset manager Asset Management One has appointed Yasuko Sato as a product specialist. Sato joins the London Business Development Team with responsibility for supporting clients and further promoting Asset Management One’s capabilities across the EMEA. She joins from JP Morgan Asset Management, where she was a client portfolio manager.Aries Insight – The pensions legislation specialist has appointed Laura Kerr as a pensions technical consultant. She joins from Kier (formerly Mouchel), where she worked as a pensions technician, responsible for analysing regulation.Mayer Brown – Duncan Watson has been appointed as a senior associate on the pensions investment team. He joins from Deutsche Bank, where he was vice-president and senior counsel in the asset management division.Kempen Capital Management – Ben Kramer has been appointed head of the pension fund and insurance company “industry vertical”. Kramer has worked at Lombard Odier Darier Hentsch & Cie and BMO Global Asset Management. Rijn- en Binnenvaart, Montae, RobecoSAM, Vescore, Invesco, Deutsche Asset Management, Schroders, GastroSocial, Held, NEST, PPF, PKA, Institutional Investors Group on Climate Change, BT Pension Scheme, Asset Management One International, JP Morgan Asset Management, Aries Insight, Kier, Mayer Brown, Deutsche Bank, Kempen Capital Management, Lombard Odier Darier Hentsch & CieRijn- en Binnenvaart – The €795m sector-wide pension fund for Rhine and inland shipping has named Inge Bakker as director, succeeding Rein Godding. Bakker will execute her job from pensions adviser Montae, where she has worked during the past four years. Montae also provides board support for the pension fund. Previously, Bakker was a board member of the €8.1bn pension fund TNT, which later became PostNL, as well as negotiator for collective labour agreements for union CNV.RobecoSAM – Marius Dorfmeister has been appointed global head of clients, as well as a member of the executive committee at RobecoSAM, Robeco’s €10.2bn and Zurich-based asset management subsidiary for sustainable investment. Previously, Dorfmeister worked as head of clients at Swiss asset manager Vescore, Swiss private bank Notenstein La Roche and Bank Sarasin & Cie. Invesco – Erwin Heenk has been named senior institutional marketing manager for the Benelux and the Nordic countries. He joins from Deutsche Asset Management, where he was marketing manager for the Benelux. Prior to this, he held various marketing positions at asset managers Nationale-Nederlanden, BNP Paribas and Delta Lloyd.
It was an emotional moment in Lagos on Sunday as the Nigeria Cricket Federation (NCF) presented players that will represent the country at the ICC U-19 Cricket World Cup 2020 taking place in South Africa from January 20 to February 8, 2020 to the media.The Nigerian team will participate at the tournament for the first time.Vice President of NCF, Mr. Uyi Akpata, who supervised the presentation, said the team had been psychologically and mentally prepared for the 20-day event.“Never before has a Nigerian cricket team being shaped the way these players have and I believe they are ready to make Nigeria proud in South Africa,” Akpata said with conviction. “The fact that the team is departing Lagos today for Johannesburg to embark on a 50-day preparation for the World Cup says everything about our ambition to excel there,” the NCF official also said.According to Akpata, the team will play several pre-tournament matches against some South African top clubs to put the players in top shape ahead of the World Cup.“Initially, we planned a training tour of India. But we shelved it because of the logistics and its closeness to the World Cup and the fact that we are sure we would still get what we desire at our South African camp,” Akpata further said.Team Captain, Sylvester Okpe, said the squad would get into the World Cup mindful of the hopes of 200million Nigerians back home.“From the day we qualified for this World Cup, myself and team mates knew we must not disappoint Nigerians and I can only say they should expect the best performance from us at the tournament,” Okpe concluded.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram
Cruz Montana had three touchdown passes, Lamarie Dunn had an interception and a fumble recovery and the Eureka Loggers shutout the visiting Livermore Cowboys 34-0 Saturday night in the rain at a refreshingly muddy Albee Stadium. The win keeps Eureka’s perfect season alive as the Loggers will head into their bye week 7-0 before beginning Big 4 Conference play on Oct. 13 at home against St. Berndard’s.“I’m happy about hitting the bye week 7-0, but I’m not too happy about our performance tonight, …
Share Facebook Twitter Google + LinkedIn Pinterest As the day ends on another humid, sultry summer day in the hills of southern Ohio, the boys gather at dusk along the mighty and muddy Ohio River. The heat of day subsiding, and their work for the day complete, it is time for play, relaxing on the banks of this great American river in pursuit of its prize possession — trophy-sized catfish.The sun descends beneath the low green hills, a lone coal barge slips through the water, washing the banks with its wake, a low campfire illuminates the secret honey hole that the men have come to fish. As the evening wears on, a cool jug is passed around, the guys rib and harass each other, jokes are told that would make their wives blush, and good-natured reflections on previous adventures are shared.Tight-lining with chicken livers, live minnows, and a vast variety of foul smelling baits on heavy treble- and single-hook rigs, the fishermen reel in a respectable catch of mudcats from the currents of the Ohio. The night rolls along with the big river and the lights from a small burgh across the way twinkle like the stars over the water on this clear country night. The bugs hum. The fire crackles.As the hour drifts past midnight, the men watch their lines with the help of the moonlight, an old Coleman lantern, and the smoldering fire at their feet, when suddenly, the line and rod of one of their catfish rigs bounces with emphasis — big fish on! The line is set, the fish takes off, and the fisherman fights the fish and current as the big cat burns drag and dives several times into the depths of the river for what seems like several nervous, adrenalized hours.Finally, the tired fish surfaces and is brought to shore — a tremendous, ancient catfish for which this river is famous surrenders itself to the hands of the angler. The fish is landed, high fives and celebratory whoops are exchanged, the fish is unhooked, a picture is snapped, and the fatigued fish is released to lazily swim back to the depths of its underwater lair.Forming a large part of the eastern and the entire southern border of the state, the Ohio River, one of the longest and largest watersheds in our nation, is an undervalued fishing destination of which more fishermen are considering for the opportunities it provides for hooking onto a monster catfish — and the Ohio Department of Natural Resources concurs.“Ohio is blessed in that we have two great resources — one of which often gets overlooked. Of course, Lake Erie is regarded as a top walleye and yellow perch destination in the Midwest, if not the country, not to mention it’s smallmouth bass fishery. It is our crown jewel,” said Tim Parrett, ODNR Wildlife District 4 Manager. “But the Ohio River is an underutilized resource that deserves attention. There are trophy-sized blue catfish in the Ohio River. There are a lot of giant blues, as well as huge flathead and channel catfish.”Jeremy Pritt, the ODNR Fisheries Biologist at the Inland Fisheries Research Unit, agrees with Parrett.“As a consequence of its size, the Ohio River has the potential to produce trophy catfish and offers Ohio anglers the best chance to catch truly huge fish. The Ohio River is a unique fishery in the state of Ohio, especially for blue catfish. Blue catfish are most abundant in the biggest rivers and reservoirs in the southeast U.S. and the Ohio River is on the northern edge of its native range,” Pritt said. “As a result, the Ohio River is one of few places in Ohio and bordering states anglers can catch trophy blue catfish.”For those looking for some line-thumping freshwater action with strong, hard-fighting fish, catfishing on the Ohio River is the place to be.“Blue and flathead catfish in the 20 to 40 pound range are common, with fish over 50 pounds being a real possibility. Channel catfish in the 5 to10 pound range are abundant and fish over 10 pounds are caught regularly,” Pritt said. “The state record blue catfish of 96 pounds was taken in 2009 from the Markland Pool near Cincinnati. As one of the biggest rivers in the country, the Ohio River offers a diverse array of habitats and forage fish needed to support some of the nation’s best catfishing.”Pritt is in charge of an Ohio River catfish telemetry project that began in October 2014 and will continue through 2017. This interesting program is designed to help biologists learn more about catfish behaviors and movements in the Ohio River, as there is not much known about their underwater travel habits. The goal of the project is to better understand the species and thereby better manage the fish.“We are tracking movements of large — greater than 25 inches — blue and flathead catfish to determine whether fish are capable of navigating past dams and moving from pool to pool and to identify critical habitats,” Pritt said. “To accomplish these goals, we are surgically placing transmitters inside catfish captured in fishing tournaments or during DNR targeted sampling. These transmitters emit a unique ‘ping’ every minute and an array of receivers placed at various places along the river listen for pinging fish. When a receiver detects a fish, we know the date and time the fish was near the receiver.”The breadth of this study is large in scope, covering several hundred miles, and these catfish have been found to travel great distances.“We are tagging catfish in the Meldahl Pool, which is the 95 mile stretch of river between the Meldahl Dam near Chilo, Ohio and the Greenup Dam near Wheelersburg, Ohio and the receiver array stretches from the McAlpine Pool in Indiana to the Willow Island Pool near Marietta, a distance of over 400 river miles,” Pritt said. “Since the beginning of the project in October 2014, we have tagged 58 blue and 62 flathead catfish. We have observed long-distance movements of more than 50 miles for both species, including a blue catfish that moved over 120 miles after being tagged. We have also documented between-pool movements of four blue catfish.”Given the size of these fish, their plentitude, and the hard-pulling, tugging battle that they put up, it is no wonder more Buckeyes are pursuing Ohio River catfish for recreation and sport. “Catfishing, in my opinion, is where there has been the biggest, most significant growth in Ohio sport fishing in the last decade,” Parrett said. “People used to look down on catfish as a lesser species, but trophy catfishing has really skyrocketed in recent years.”And fishing for catfish does not require fancy gear or lures. Pritt says that flathead fishermen typically use live bait like sunfish or suckers and that anglers experience success fishing for blue cats with cut bait such as shad or skipjack. Catfish can be caught still-fishing from shore or by boat, where fishermen drift or anchor, looking for breaks in the current and deep holes into which they can drop their lines. A heavy action rod and reel and heavy test line are required if one plans to land a monster cat.In regards to where to search for these Ohio River mudcats, more good news for sportsmen is that they are pretty much scattered everywhere along the watershed and can be found if anglers can read the water and banks with a discerning eye,” Pritt said.“Big flathead catfish can be taken along the entirety of Ohio’s 452 miles of the Ohio River and in many of the bigger tributaries, such as the Scioto and Muskingum Rivers. Flathead catfish are most frequently found around structure, such as logjams, in dam tailwaters and near tributary mouths. Blue catfish are most common in the lower portion of Ohio’s stretch of the river in the Meldahl and Markland Pools,” Pritt said. “While flathead catfish ambush prey from structure, blue catfish are more mobile and will follow schools of baitfish. They are often found in current breaks around structure, islands, and tributary mouths.”Fish prove an intriguing study for fisherman and fisheries specialists alike. Their behaviors and habits, no matter how hard studied, can prove confounding, complex, and stimulating. And indeed, study of them, whether for sport or scientific purposes, adds to an appreciation of existence in this world. Perhaps the “Fisherman’s Prayer” best exemplifies the relationship between man, the fish, and that which lies beyond:I pray that I may live to fish until my dying day,And when it comes to my last cast, I then most humbly pray,When in the Lord’s great landing net, and peacefully asleep,That in His mercy I be judged big enough to keep.
Share Facebook Twitter Google + LinkedIn Pinterest By Jon Scheve, Superior Feed Ingredients, LLCIt’s important to remember that recent USDA report was based upon surveys from early June. The USDA said they will resurvey the 14 Midwest corn states and provide an updated planted acre estimate on August 12th. I expect a lot of debates on potential outcomes until then. Focus on beansWhile most people have been discussing corn, I’ve been focused on the bean numbers. The report showed 5 million fewer bean acres planted than previously estimated, which is good for bean prices. This could mean a potential 250 million bushel decrease in carryout next year. 600 million bushels is probably needed, but it’s a great start. Drop in total acres plantedFriday’s report was based upon numbers from around June 1, when corn was $4.40 and beans were below $9.20. The market was highly incentivizing farmers to plant corn not beans. The report also showed 6 million less acres of total crops being planted for the year than the March planting intentions, so at least some prevent plant acres are likely being considered. Estimating total planted acresIn 2018 US farmers planted 180 million acres of corn and bean acres. In March the USDA showed that farmers intended to plant almost 179 million acres of both corn and beans. Today the USDA said that total corn and bean plantings would only be 172 million acres of corn and beans. Maybe the USDA actually show us that 7 million acres were likely to be prevent plant at the beginning of the month. Was the corn market acting tired?Something that I have noticed and been wondering about is that after crop conditions or planting progress estimates have been released this past month, the corn market hasn’t responded as well as it probably should have. Some say corn should have hit $5 by now, but hasn’t. Perhaps now corn doesn’t need to make it to $5 with what we think we learned. Rationing corn demandI’ve heard milling-grade spring wheat is working into central Canada feed rations, instead of corn usually supplied from North Dakota. Also, eastern Canada is importing South American corn because basis is too high in the Eastern U.S. and Canadian markets. What I’m watching the next two monthsI think there is still upside potential left in the market, but I’m cautious. I’ll be watching:Summer weatherPotential frost concerns in SeptemberGrowing degree unitsExport demandEastern Corn Belt ethanol production.While many farmers tend to watch the first three, many traders are also keeping an eye on the global competition and large world supply. A question that is being asked more and more by traders is if ethanol plants will continue to run if there isn’t enough corn in all areas of the corn belt following this upcoming harvest. Should prices go higher?It’s impossible to know the answer to that because we are faced with the worst planting conditions in history and no one knows the full impact yet. However, there are factors pushing back. The market has already rationed a lot of demand and the final 2018 carryout could still be the highest in 30 years. Crop observationsI traveled I-35 from Minneapolis to Des Moines, then I-80 west to Lincoln before turning south to just north of the Nebraska/Kansas border. I was expecting to see a lot of fields not planted, but I actually only counted 15 unplanted fields, and five of those were within 50 miles south of Lincoln. Roughly 90% of the corn looked to be within the good/excellent category. While the corn north of Ames, Iowa was a few weeks behind, it looked better than I expected. My final 50-mile drive south of Lincoln saw the corn as uneven and didn’t look quite as good as what I saw across Iowa.Throughout the trip, beans looked good, but were short. They were either popping out of the ground or maybe up to just 6 inches tall. Market actionAfter 18+ months of a prolonged sideways market at unprofitable prices, my marketing plan was set up with trades to take advantage of opportunity assuming prices may not rally at all, and if they did, it would be for a very limited time and limited amount.This recent rally took most everyone by surprise, including me. U.S. planting progress has never been delayed this long for such a widespread area. And, like everyone else, I’ve needed to make some adjustments to my marketing plan along the way. But, before the full extent of the recent rally was realized, I had several trades in place that would make me profitable if the market remained sideways and even allow me to manufacture profitable prices, even if the market rallied just a little.As you’ll see, in hindsight I shouldn’t have placed the three trades below. However, in times like these, it’s important to remember the three strategies I maintain in my marketing plans. I don’t bet on unexpected or unlikely events to be profitable. Instead I plan for normal conditions every year. While I won’t be right every year with this strategy, and clearly this year was one of them, I will be more profitable in the long-run planning for the average year. Plus, this strategy still reduces my farm operation’s overall risk. I place a combination of trades that are profitable if the market goes up, down or sideways, because the market always has a 33% chance to do any one of these scenarios. Betting on only the market rallying, increases my risk when the market goes down or sideways. For months the market moved nowhere and my most profitable trades were ones that did best in sideways markets. Now with the recent rally, these trades as you’ll see below, aren’t the most profitable solution. I never place a trade unless I’m comfortable with any outcome. When I placed all these trades, I knew I was limiting my upside potential, but at the time a significant rally seemed really unlikely.Still I think it’s important to be fully transparent with all trades I do, even the less successful ones. While I’m always disappointed when a trade doesn’t work out like I thought it would, there’s still a lot I can learn when I review the results. It’s impossible for anyone to sell all of their grain at the top of the market every year. So, I’m going to learn what I can with each trade, and move on to the next one. After all, I always have more grain to sell. No. 1 Sold StraddleOn 4/23/19 when July corn was around $3.60, I sold a July $3.60 straddle (selling both a put and call) and bought a $3.40 put while collecting 18 cents total on 10% of my 2019 production. What does this mean?If July corn is $3.60 on 6/21/19, I keep all of the 18 centsFor every penny corn is below $3.60 I get less premium penny for penny until $3.42.For every penny higher than $3.60 I get less premium penny for penny until $3.78.At $3.78 or higher I have to make a corn sale at $3.60 against July futures, but I still get to keep the 18 cents, so it’s like selling $3.78.At $3.42 or lower I have to take a max loss on this trade of only 2 cents because I own the $3.40 put as protection. So even if the futures continue to go lower, I won’t lose any more money. My trade thoughts and rationale when placing the straddle on 4/23/19This trade is most profitable in a sideways market, which I think is the most likely scenario right now. If prices don’t rally, I can use this premium to help push a final sale to profitable levels. If the market rallies, I’m happy selling 10% of my production above $3.78 because I can then “roll” the sale from a July futures to a December futures and likely pick up more than 20 cents in carry and manufacture a trade close to $4 on Dec corn. What happened?The last 7 weeks has been a roller coaster ride. Three weeks after making the trade, July corn was trading so low it seemed like I would likely lose 2 cents. Two weeks later, July corn was trading at the top-side of the trade range, and I thought I would be happy I made the trade. Last week the trade expired and July futures were higher than anyone ever thought was possible when I put this trade on. What did you do next?With this trade I was short the July contract, which expires soon, so I needed to roll it forward to another contract month. With high demand in the eastern corn belt, basis values have increased, which has narrowed the spreads between July ’19 and December ‘19 futures. Normally I would only roll my sales to the Dec futures, but this year is far from normal.Using history as a guide I looked at the 2012 crop when the U.S. was experiencing a supply disruption. During that marketing year the spread between the December after harvest and the July the summer after the harvest went into an inverse where December was trading higher than the following July. That means that it would actually cost me to store grain in the bin waiting for a higher basis after harvest. I felt that it could happen again this year. So I thought I should move my sales now to July of ’20 and look for an inverse where I can move the futures back to an earlier futures month and capture the inverse if one begins to form or I can wait longer for higher basis values next summer and not worry about it costing me to do that.Thus, I “rolled” my sales against the July ‘19 to July ’20 and captured 18 cents of market carry. This means the trade above increased from $3.78 against the July ’19 to now being $3.96 against the July ’20. No. 2 Straddle TradeOn 5/16/19 when July was around $3.80, I sold a July $3.80 straddle (selling both a put and call) and bought a $3.60 put while collecting 23 cents total on 10% of my 2019 production. What does this mean?If July corn is $3.80 on 6/21/19, I keep all of the 23 centsFor every penny corn is below $3.80 I get less premium penny for penny until $3.60.For every penny higher than $3.80 I get less premium penny for penny until $4.03.At $4.03 or higher I have to make a corn sale at $3.80 against July futures, but I still get to keep the 23 cents, so it’s like selling $4.03.At $3.60 or lower I collect at least 3 on this trade cents because I own the $3.60 put as protection. So even if the futures continue to go lower, I won’t lose any money on this trade. My trade thoughts and rationale when placing the straddle on 5/16/19The market has rallied 38 cents off the lows, so I want to reward that move and make another potential sale. After the 18+ months of a sideways market at unprofitable levels, and with what I know today, I’d be happy selling 10% of my production above $4. Plus, I’ll likely be able to “roll” this sale from July ‘19 futures to December ’19 and pick up an additional 20 cents of market carry, potentially manufacturing a trade close to $4.25 on December corn. What happened?Similar to the trade above, prices went much higher than anyone thought they could. I also rolled this sale to the July ’20 and captured 18 cents of carry, ending up with $4.21 against the July ’20. No. 3 Futures saleAfter the July futures rallied to $3.96 on 5/21/19, I let an order I placed several months ago hit on 10% of my production. I thought corn’s massive carryout would mean the carry from the July ’19 to the Dec ’19 would be at least 20 cents, giving me a $4.15 sale price on the December ‘19. What happened?At the time this trade looked like the correct decision because I was rewarding another 20-cent rally in the market with a sale, but with the benefit of hindsight I should have pulled the order. I rolled this sale to the July ’20 and collected 18 cents of market carry, making this a sale worth $4.14. No. 4 Spread tradeI also rolled a Dec ’19 futures sale, placed on 3/13/18 at $4.18 on 10% of my production, to the July ’20 and collected 10 cents of carry profit. This sale is now worth $4.28 against the July ’20. My overall positions and looking forwardThe sales above represent 40% of my 2019 production at an average price of $4.15 against the July ’20. It’s hard to believe three months ago I would have been thrilled with this price, and now I’m disappointed.After Friday’s report, like most farmers, I’m not sure what to expect from this market. The report showed more planted acres than I expected, and growing conditions in the eastern Corn Belt are questionable.When rare events in the market happen like this, it’s difficult to know what to do next. For me, it’s important to keep using the strategies that have kept me profitable the past 10 years. I can’t hit the high every year. My goal is to take the peaks and valleys out of the market and be left with a profit in each marketing year. Over time, I will be ahead. Please email [email protected] with any questions or to learn more. Jon grew up raising corn and soybeans on a farm near Beatrice, NE. Upon graduation from The University of Nebraska in Lincoln, he became a grain merchandiser and has been trading corn, soybeans and other grains for the last 18 years, building relationships with end-users in the process. After successfully marketing his father’s grain and getting his MBA, 10 years ago he started helping farmer clients market their grain based upon his principals of farmer education, reducing risk, understanding storage potential and using basis strategy to maximize individual farm operation profits. A big believer in farmer education of futures trading, Jon writes a weekly commentary to farmers interested in learning more and growing their farm operations.Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons. All of these investment products are leveraged, and you can lose more than your initial deposit. Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction. The information provided here should not be relied upon as a substitute for independent research before making your investment decisions. Superior Feed Ingredients, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative. 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Facebook is Becoming Less Personal and More Pro… Tags:#Trends#twitter#web The Dos and Don’ts of Brand Awareness Videos Guide to Performing Bulk Email Verification sarah perez Related Posts The Safe America Foundation, a national safety group working with the U.S. government, announced yesterday that text messaging, social networking sites, and Twitter could help families stay in touch in the wake of a disaster. Although Twitter hasn’t always been known for its stability, in emergency situations when phone lines and other traditional communication avenues are down, social networking sites like it and others could turn into reliable backup methods for reaching loved ones. Safe America is an Atlanta-based group working with the Federal Emergency Management Agency (FEMA) on a campaign called “Drill Down for Safety.” The program’s focus is to make people more aware of the alternative methods for communication which are available during emergency situations. According to the group’s spokeswoman, Carla Shaw, people should pre-load emergency messages on their cell phones as well as useful communication websites. Families should also discuss among themselves how they will use these tools to contact each other if there is an emergency situation. “We want people to rehearse what would you do, and what other forms of communication would you have at your disposal,” says Shaw.For about a month, starting on September 11th and lasting through mid-October, 20,000 people are expected to participate in emergency training drills where the use of these alternative tools will be practiced. Some of the participants are volunteers who signed up on Safe America’s website but the majority will be employees from major companies including UPS, Motorola, Allstate, and Office Depot where testing will be done on the companies’ campuses. For many technology early adopters, turning to a communication platform like Twitter or SMS when the landlines go down would probably be second nature, but if your friends and family don’t know how to access Twitter’s website, how to find and follow your account, or how to reply to your posts, then tweeting “Help!” or “I’m safe” isn’t going to be all that useful. That’s why it’s encouraging to see a national safety group like this focusing on training large groups on how modern social networking sites and Twitter can be used to share emergency information even when you can’t make a phone call. The only problem with this plan is the fact that when disaster strikes, cellular networks often go down too. That makes wireless communication – whether a phone call, a text, or something requiring data traffic – impossible. And then it’s back to square one. A Comprehensive Guide to a Content Audit
Tags:#Apple#web Top Reasons to Go With Managed WordPress Hosting According to rumors, the latest version of Apple’s mobile operating system, iOS 4.3, will be released on February 14th. At 10 a.m. PST to be precise. Unlike the cheap box of chocolates that leaves you guessing whether the next bite brings nougat or that strawberry cream filling, we’ve already figured out much of what we can expect for iOS 4.3. So, if you find yourself pining and alone on everyone’s favorite holiday, just remember that you have a date…with iOS 4.3. According to Apple-centric blog MacStories, current beta versions of iOS 4.3 will include AirPlay, bug fixes and code maintenance, as well as a series of APIs to bring subscriptions to apps.ReadWriteWeb’s Sarah Perez looked at the features expected for the next version of iOS and came up with this list: Wi-Fi Hotspot: As we already knew, the personal hotspot capabilities are present for GSM devices, although it’s up to individual carriers to implement this setting. It’s doubtful that AT&T will be one of them. Verizon, however, is. AirPlay support for third-party native and Web applications: Previously in iOS 4.2, AirPlay, the feature that lets you stream video from your mobile device to an Apple TV or other third-party AirPlay-enabled hardware, was only available to the built-in Apple apps. With 4.3, any third party app can offer this functionality, too. A redesigned FaceTime icon: A minor change, but it looks good. Support for fullscreen iAd banners on iPad: A new iAd format which Apple says is “easy to implement,” allows its users to collect 60% of the revenue generated. Configurable switch for the iPad, as mentioned above, the toggle can be used as a mute button or orientation lock HTTP Live Streaming Statistics: This allows developers to track their video streams’ popularity and measure their performance. MobileCrunch warns not to pin all of your hopes and dreams on an iOS 4.3 release on February 14th exactly, but says that “just about all of the rumors pin the launch sometimes around the middle of February.” The real question, however, is how long until iOS 4.3 is jailbroken? 8 Best WordPress Hosting Solutions on the Market A Web Developer’s New Best Friend is the AI Wai… Why Tech Companies Need Simpler Terms of Servic… Related Posts mike melanson