Is there still hope for marketing the grain in the bin?

first_imgShare Facebook Twitter Google + LinkedIn Pinterest As winter meeting season gets into full swing, Global Commodity Analytics’ Mike Zuzolo spent a few days in northwest Ohio this week to visit with growers about what to watch for in 2016, as far as the grain markets were concerned. Even though his message at one of the Mercer Landmark Winter Outlook meetings in Van Wert was future-focused, he still received many questions about 2015, including if there is any hope for the corn already in the bin.“I think there is, but it all hinges on what happens in the crude oil market,” Zuzolo said. “If we can get a low in that market to stop the energy sector from worrying about the possibility of $10 crude, I think that will take a lot of pressure off of corn and soybeans. That’s really what I am looking for between now and the end of January.”There is one thing that Zuzolo is figuring out as he travels across the Midwest and that is that acres are still completely up in the air at this point. Not surprisingly, the weather will continue to be a market mover as well.“If the La Niña develops, it would probably put a bit more fear in the market that crop production could be shaved in the northern hemisphere,” Zuzolo said. “In 2015, it was all about the El Niño and a big crop and maybe the funds don’t want to press the sell side as much if the current weather pattern changes this year.”One thing is for certain, farmers will need to get a little more creative in their marketing this year.“You’re starting to see new specialty contracts come into play,” said Anna Kaverman, a grain originator with Mercer Landmark. “There has also been a bump in open orders, target orders and other non-traditional options to try to get the most from a marketing plan.”After a short 2015 crop, basis levels in the Van Wert area have been very favorable, supported by the local feed and ethanol markets. Some farmer movement has caused that basis to fall recently. Local farmers are starting to sell more grain, not only because of basis, but in some cases simply to pay the bills.“The sentiment is still a bit of doom and gloom here as farmers are coming off of a rough year where they had less bushels to market coupled with lower prices,” Kaverman said. “It’s hard to get excited about what is going on right now.”last_img read more

Read more

Hackers Give North Korean Heir Birthday Gift on Twitter, YouTube

first_imgTags:#twitter#web#YouTube Guide to Performing Bulk Email Verification A Comprehensive Guide to a Content Audit Related Posts curt hopkinscenter_img The Dos and Don’ts of Brand Awareness Videos On Saturday, hackers hijacked North Korea’s official Twitter account and YouTube channel to upbraid the country’s leadership. Saturday was the birthday of current leader Kim Jong-il’s son and heir apparent, Kim Jong-un. A video that appeared on the hermit kingdom’s YouTube page showed Jong-un driving a sports car over starving women and children, killing them with a splat of blood. On its Twitter account, @uriminzok, tweets appeared indicting the country’s leadership. The country only opened its Twitter account in August, following the debut of its YouTube channel by a month. Yonhap News described some of the tweets.“The four most recent feeds posted in the morning accused the Kims of exploiting their people to enjoy sumptuous lives, and develop nuclear arms and missiles. One tweet called for an uprising to slay the Kims ‘with a sword.’”‘Let’s create a new world by rooting out our people’s sworn enemy Kim Jong-il and his son Kim Jong-un!’ one tweet read. Another sought to convince readers that the removal of the dynasty would lead North Koreans to live ‘as happily as South Koreans.’”South Korean media theorized that the hackers were South Koreans. Facebook is Becoming Less Personal and More Pro…last_img read more

Read more

What Will Cryptocurrency Be Like in 10 Years?

first_imgRelated Posts Cale Moodie is CEO and director of Neptune Dash, a cryptocurrency company that constructs and operates masternodes of Dash, a digital currency built on the blockchain. Cale Moodie Investors, pundits, and enthusiasts can’t stop speculating about cryptocurrency, and more often than not, their predictions center on price. But simply musing over the market performance of a specific coin ignores the larger potential of cryptocurrency. This space is about more than price fluctuations — it’s a digital financial revolution that’s poised to transform the world.Cryptocurrency is arguably the single most significant invention of our lifetime. In the very near future, I believe we’ll see financial borders dissolve almost completely. This international currency will allow us to transact in seconds and remove current geographical limitations and restrictions. There will be no middlemen adding forex, conversion, or other fees to the equation of a transaction.How do governments and banks feel about this potential disruption? The United States has realized that the issue of cryptocurrency needs to be addressed. The U.S. House Financial Services Subcommittee on Monetary Policy and Trade met in mid-July 2018 for a hearing it called “The Future of Money: Digital Currency.” The subcommittee discussed two pertinent issues.The first was the importance of regulation. Many regulators fear that governments will lose the ability to control the flow of wealth, which is particularly concerning when it comes to the funding of illegal activities. While the argument was made that it would be a mistake to regulate something simply because it could be used by criminals, there were also voices calling for a strict clampdown on cryptocurrencies. Congressman Brad Sherman went so far as to say that he would prefer the outright banning of cryptocurrencies.The second issue the subcommittee raised was that of government-created cryptocurrencies. Alex J. Pollock of the R Street Institute said that: “In short, to have a central bank digital currency is a terrible idea — one of the worst financial ideas of recent times.” Pollock argued that “[The Federal Reserve] would automatically become the overwhelming credit allocator of the financial system. Its credit allocation would unavoidably be highly politicized. It would become merely a government commercial bank, with the taxpayers on the hook for its credit losses. The world’s experience with such politicized lenders makes a sad history.”Yet governments are showing increased interest in cryptocurrencies. Last summer, Blockchain CEO and founder Peter Smith projected that within 24 months, a major government will issue a sovereign digital currency.Indeed, last year China announced it was testing the development of its own cryptocurrency, and support from the government is one reason it’s leading the blockchain revolution. Similarly, the Bank of Thailand and Ministry of Finance backed OmiseGo, a Thailand-based crypto. Japan, Sweden, the U.K., and other countries aren’t far behind, either. It will be interesting to see where the United States lands on this.And what about banks? After all, they’re the middlemen cryptocurrencies could potentially cut out. While this isn’t going to happen overnight, banks will have to face the reality of cryptocurrencies in the coming decade. By 2028, I believe it will be normal to be paid in crypto (and not just if you work for a blockchain company).But for cryptocurrency to truly be easier than cash, it needs to overcome the technical hurdle. Ownership and security of crypto assets can be confusing to the average user. Crypto wallets need to become even more secure and easy to use than digital wallets like Google Pay or Apple Pay, neither of which has gained mainstream adoption yet.And let’s not forget about the unbanked. Two billion people around the world don’t have bank accounts and can’t rely on their own currency as a store of value. What they do have, however, is access to mobile devices and the internet. The ability to bank and transact value on these devices using a currency that’s immune to regional borders will be incredibly useful.I believe the move to cryptocurrencies will coincide with the rise of mobile banking and mobile wallet use. The macro-scale outcome will be a massive move toward a globalization of economies and currencies. People are already betting on it. Chicago-based derivatives company CME Group reports bitcoin futures volume have increased every month since December 2017.In 10 years, people across the globe will have a deeper understanding and acceptance of cryptocurrencies. It isn’t going to fulfill bitcoin’s initial goal of completely toppling the financial system, but it won’t ever disappear, either. A decade from now, both digital and traditional will coexist in harmony, and we’ll have forgotten how complex it once was to use cryptocurrencies. Tags:#Cryptocurrency Why is Bitcoin Soaring? Blockchain – Impending Revolution in Glob… The Rise and Rise of Mobile Payment Technology What it Takes to Build a Highly Secure FinTech …last_img read more

Read more

Odisha intellectuals join rasogolla battle

first_imgOdisha is not ready to give up on the rasogolla war yet. Quoting from the State’s folklore and history, prominent intellectuals of Bhubaneswar argued that the Odisha rasogolla is not by any means a copy of Bengal’s, but rather a variant of the sweet delicacy.Citing ancient texts and folklore, they backed the State government’s decision to apply for a GI tag for Odisha’s own version of rasogolla. The GI tag is a process of geographically identifying a place as the origin of a particular product.The West Bengal Department of Food Processing Industries and Horticulture applied for the GI tag for the rasogolla in September 2015, stating that it was invented in Kolkata. However, Odisha made a counter claim, stating that the rasogolla originated in Puri in the 13th century.West Bengal was granted the GI tag for the ‘Banglar Rasogolla’ last Tuesday.Renowned Odia writer and Sahitya Akademi award winner Asit Mohanty told The Hindu, “In Jagmohan Ramayan, also known as the Dandi Ramayan, [Odia] poet Balaram Das has written about rasagolla in the late 15th century. It shows that there is 500 years of documented history of the rasogolla in Odisha.” Mr. Mohanty also pointed out that there is no “legal obstruction” for Odisha to apply for its own brand of rasogolla. Another commentator on Odia culture and history, Kedar Mishra, also pointed to the long history of the sweet in the State, adding, “Rasogolla is prepared not only in coastal parts of the State but also in the western and southern areas.”Mr. Mishra refuted the argument by a section of Bengali civil society that chhna — made by boiling milk and then curdling it with lemon — was never offered to Lord Jagannath at the temple in Puri. Chhna is the key ingredient for making Rasogolla. “There is an interesting folk lore that Lord Jagannath, while returning to the temple during the Ratha Yatra (the annual chariot festival) offered rasogolla to an angry goddess Lakshmi,” he said.The decision to apply for the GI tag for ‘Odishara rasogolla’ was taken at a meeting of the Odisha government last Wednesday. In a media release, the Odisha government argued that the GI tag awarded to West Bengal was only for “Banglar Rasogolla, specific to West Bengal”.“Registration for GI for Banglar rasogolla in no way affects the claim for GI registration of Odisha’s rasogolla. The Bengal and Odisha variants are different in colour, texture, taste, juice content and method of manufacturing,” an Odisha government statement said. It also said that the Odisha rasogolla is “softer and light brown” whereas the one prepared in Bengal is “white and cream in colour”.It indicates that the State is planning to approach GI Registry and Intellectual Property office with a fresh set of demand to extend approval to Odisha’s Rasogollah.The decision is perhaps driven by the fact that a lot of scholarly articles citing history and folklore is being written on the issue here [Odisha], Mr Mishra said. With plenty of debates and writings on the subject in both Bhubaneswar and Kolkata, it seems that the battle of Rasogollah will now continue. And perhaps it would be fought using ancient texts and local history.However, Mr. Mishra said, “Let us not turn the fight bitter over what is ultimately a sweet.”last_img read more

Read more

Sporty flavours

first_imgRohan Bopanna and Mariam Begg at Man UtdIf you are a Man U fan, you need to look no further than Manchester United Restaurant Bar. What if you aren’t? Well, in that case you better stay away on the big game nights. But the rest of the time, the flamboyant,Rohan Bopanna and Mariam Begg at Man UtdIf you are a Man U fan, you need to look no further than Manchester United Restaurant Bar. What if you aren’t? Well, in that case you better stay away on the big game nights. But the rest of the time, the flamboyant restaurant is enticing enough to seduce even the most unsporting of elements.”This is a smashing place,” is tennis champ Rohan Bopanna’s first line on entering the swanky new food and drink destination in town. Keeping him company within the bright red interiors is former model and stylist Mariam Begg.The 208 cover restaurant is spread over two levels and there are signs of football and the legends everywhere. From the soccer design elements like the Legends Wall, which is a Shrine to Man U’s legendary’s players to the player’s tunnel, which is designed to look just that, like in a real football stadium. And then, there is the Dugout, an outside enclosure that resembles pitch side with curved glass roofs and bucket seats that resemble sports car seats (think Ferrari seats). All the seats, needless to say face huge flat widescreen television sets which dominate the restaurant. With soccer taking center stage, cricket, tennis and other sports continue on the periphery, though on the bit nights there’s nothing else but soccer.Man Utd opened its doors to Bangaloreans less than two weeks ago, in fact it hasn’t even had a formal launch yet, but the fans just won’t stop coming. In fact weekend nights and game nights are so packed that tables are booked weeks in advance. Bopanna and Begg do a quick tour of the restaurant that includes the Manager’s high table resembling the same at Old Trafford. The luxurious corner is Sir Alex Ferguson’s Corner which features leather Boschester Chairs and a separate television screen and a separate butler service. The Skybox is said to be the best viewing area in the retaurant. The evening is spent at different tables spread across the restaurant to get a feel of the space.Coming to the food on offer, Man Utd has a scrumptious array of appetizers, grills, pastas, burgers, salads, pizzas and sandwiches and wraps. The Indian selections are innovations like Curry Mile and desi Tapas. Don’t miss their limited edition merchandise, sourced from Manichester United.advertisementlast_img read more

Read more

India coach Ravi Shastri to ask for and get his own support staff

first_imgWhile Zaheer Khan and Rahul Dravid have been appointed bowling and batting consultants for the Indian team, India Today can confirm that head coach Ravi Shastri will soon ask for his own support staff and will also be given the men of his choice.WATCH FULL INTERVIEW HERE Shastri was appointed Team India coach on July 11 while the Cricket Advisory Committee also named Dravid in the support staff for overseas Test tours as a batting consultant. Zaheer was appointed the bowling coach on a full-time basis.India already have a full-time batting coach in Sanjay Bangar, and with the addition of Dravid and Zaheer along with Shastri, the team now has a dream team in its support staff.But Zaheer, it is learnt, doesn’t want to do the job full time. Shastri is likely to ask for Bharat Arun to be named the bowling coach.This comes a day after Shastri spoke to India Today where he said that Dravid and Zaheer’s inputs will be invaluable to the team.”I think invaluable. The inputs from Dravid and Zaheer will be invaluable. Even when I was in charge of the team I had a chat with both these players and asked them to spend some time with the boys and share their experience. It’s invaluable. You need some fresh inputs and input always helps,” Shastri told India Today in an exclusive chat from London.Dravid will continue to coach the junior teams after accepting a two-year contract recently.Dravid and Zaheer worked together at Delhi Daredevils for two seasons where the former was the team mentor-cum-coach and the latter is the captain and the most senior player in the squad.advertisementShastri meanwhile, also said that he is yet to speak to India captain Virat Kohli about his alleged rift with Anil Kumble.”I’ve not spoken to him (Virat Kohli). I will speak to him. I don’t carry baggage, what happened in the past is not my problem. I will start afresh. Whatever I discuss with Virat will stay between him and me,” Shastri said.last_img read more

Read more

10 months agoMan Utd U18 coach Ryan: We’ll protect Greenwood from hype

first_imgMan Utd U18 coach Ryan: We’ll protect Greenwood from hypeby Paul Vegas10 months agoSend to a friendShare the loveManchester United U18 coach Neil Ryan says they’re determined to protect Mason Greenwood from the hype around him.Greenwood, 17, hit a matchwinning hat-trick as United inflicted a first Youth Cup defeat on Chelsea since the 2013 final in an enthralling 4-3 victory at Leigh Sports Village on Monday night.”We’re a good club for making sure to fight all that hype down,” Ryan told the Manchester Evening News. “Because he’s still got a long way to go, let’s get it right.”He’s doing very, very well this year. He was on the bench in the week against Valencia, which was a great experience for him. We’ve got great staff looking after him on and off the pitch and ourselves, as coaching staff, it’s our jobs to make sure we get him to the next level. It’s going to be a challenge for him, but a great challenge.”He’s had a fantastic four or five months so far and we’ve got to keep working with him.” About the authorPaul VegasShare the loveHave your saylast_img read more

Read more

TSX nosedives on oil and gold prices Wall St backs off recent

first_imgTORONTO – Canada’s main stock index fell sharply in a broad-based decline Monday, led by a slide in oil and gold prices, as U.S. stocks backed away from recent record highs.The Toronto Stock Exchange’s S&P/TSX composite index fell 144.50 points to 16,094.72, with the energy, gold and materials sectors among major decliners.“We’re clearly seeming some selling today on the TSX,” said Craig Fehr, a Canadian markets strategist with Edward Jones in St. Louis. “The downside pressure in Canada, as compared to that of United States and, really, other global markets, is from the drop in oil and gold prices.”The March crude contract gave back 58 cents to US$65.56 per barrel and the February gold contract fell US$11.80 to US$1,340.30 an ounce.Meanwhile, south of the border, technology companies led Wall Street broadly lower, as shares of Apple slid two per cent amid concerns its new iPhone hasn’t been that big of a hit with customers.The Dow Jones industrial average lost 177.23 points to 26,439.48. The S&P 500 index declined 19.34 points to 2,853.53 and the Nasdaq composite index was down 39.26 points to 7,466.51.In currency markets, the Canadian dollar closed at an average trading value of 81.07 cents US, down 0.09 of a U.S. cent.“Probably the biggest headline today is what’s to come the rest of the week,” said Fehr, pointing to a busy week of potential market-moving corporate news and economic data coming out of the U.S..Several big-name companies are due to report quarterly results, including Apple, Microsoft, Facebook and Google’s parent company Alphabet. About a quarter of the companies in the S&P 500 — the American equivalent to the TSX — have reported results so far this earnings season, with some 65 per cent of those exceeding financial analysts’ expectations, according to S&P Global Market Intelligence.The market will also be sizing up new data on U.S. jobs, manufacturing and consumer sentiment. They’ll also be watching Tuesday night’s State of the Union address and listening for any developments out of a two-day meeting of the Federal Reserve’s policymaking committee that ends Wednesday.Elsewhere in commodities, the March natural gas contract was down a cent to US$3.17 per mmBTU and the March copper contract was down a cent at US$3.19 a pound.– With files from The Associated Press.last_img read more

Read more

Shaw getting ready to raise prices for its main residential service CEO

first_imgCALGARY — Residential customers of Shaw Communications Inc. will likely see a price increase for their internet and television services, chief executive Brad Shaw said Thursday after the company’s annual meeting in Calgary.Shaw’s chief competitor in Western Canada, Telus Corp., has already announced price increases that will take effect Feb. 25.Shaw told reporters that the details of the cable, internet and wireless company’s price increases haven’t been decided but they will most likely take effect in April.He said the cost of getting rights to sports programing is getting higher for Shaw and other Canadian television service providers, even though audiences are falling.“It’s a real concern,” Shaw said. “How are Canadian companies even going to be able to compete?”He said that Shaw doesn’t get special treatment from Toronto-based Corus Entertainment — a publicly traded company that’s partly owned by the Shaw family and Shaw Communications.Corus owns more than 40 specialty television channels, some acquired along with the Global television network that it acquired from Shaw in April 2016.“Even though they’re both family controlled, the family really says (they’ve) got to stand on (their) own,” Shaw said.He said Corus has had a “fight on its hands” because of competition with other forms of entertainment, such as Netflix, but added that its most recent quarter was promising.Corus reported last week that its overall revenue for the quarter ended Nov. 30 totalled $467.5 million, up from $457.4 million and above the estimate of $451.2 million. Its television division had the biggest revenue increase, rising to $426.2 million from $415.5 million a year earlier.Despite the higher first-quarter revenue, Corus profit attributable to shareholders fell to $60.4 million, from $77.7 million a year earlier, partly because of its accounting for a revaluing of a TV brand that will be retired and replaced this year.Shaw Communications, on the other hand, beat analyst estimates for both profit and revenue over the same period — mainly because of its Freedom Mobile wireless division. Its main cable and internet business, however, saw virtually no revenue growth as it lost video subscribers and home phone customers.However, the profit margin at Shaw’s wireline residential services was up significantly from last year’s first quarter as management focused on optimizing its consumer business’ by removing costs where possible.A year ago, Shaw Communications announced a major employee buyout program aimed primarily at its residential consumer business, as part of adopting to a new generation of network technology using the Comcast X1 platform.Brad Shaw told reporters Thursday that it was “absolutely the right move” given the company’s need to be agile and more automated but added that the loss of 3,000 people “it’s a little bit emotional.”— by David Paddon in Toronto Companies in this story: (TSX:SJR.B, TSX:CJR.B)The Canadian Presslast_img read more

Read more

Noncooperation by SP govt delayed beautification project in Varanasi PM

first_imgVaranasi (UP): Prime Minister Narendra Modi Friday claimed that “non-cooperation” by the previous Samajwadi Party government in Uttar Pradesh was responsible for the delay in start of a beautification project in his Lok Sabha constituency. He was addressing a gathering here after laying the foundation stone for the Kashi Vishwanath Temple’s approach road and its beautification. “In the first three years there was non-cooperation of the state government. The developmental projects here picked pace after you (people of Uttar Pradesh) made Yogi Adityanath the chief minister,” he said. “Had there been cooperation earlier, we would have launched the project instead of laying the foundation,” Modi said. Attacking previous governments, the prime minister said, “In the past 70 years no government thought of Baba (Lord Shiva) and were silent. They took care of themselves but not of this place.” Noting that it was his “pleasure” to have initiated the work at Kashi Vishwanath, he said, “I have dreamt for a long time to work for this place. When I was not in politics I came here several times and used to think that something should happen here.” “Bhole Baba ney tai kiya hoga baatein bahut karte ho yahan aao kuch karke dikhao,” (Lord Shiva must have decided that you talk much, so now you should come here and do something),” he said, adding that due to the blessings the fulfillment of his dream has started. After offering prayers at Kashi Vishwanath Temple, he said that he was blessed to be associated with the project of Kashi Vishwanath Dham. About the beautification project, Modi said this is “mukti (freedom) for Kashi Vishwanath Dham” which was surrounded with encroachment. He said the Kashi Vishwanath Temple has survived the vicissitudes of centuries and praised Queen Ahiyabai Holkar for her work on the shrine over two centuries ago. He said not much thought had been given by those in power to the area around the temple. “For the first time, we acquired nearby buildings, removed encroachments after which 40 ancient temples came to the fore. Many of them were encroached, kitchens were set up and people were living there,” he said. Modi said the entire temple complex is now in the process of rejuvenation and the results are becoming visible, with a direct link being established between the Ganga river and Kashi Vishwanath temple. He said this project will become a model for similar projects elsewhere and give a new global identity to Kashi. The prime minister not only complimented the officers involved with the project for performing their task with devotion, but also thanked all the people who had property around the temple and allowed its acquisition for the project. It was difficult to take people into confidence to give their properties and ensure the project does not take political colour, he said. “I thank people of Kashi, who gave their properties for Baba. This is the biggest ‘daan’ they have given for Baba,” the prime minister said. “I have seen a lot of government employees as I was CM for a long time. But I want to say with pride that the team of officers deployed here by Yogi ji is doing work with ‘Bhakti’ (devotion) and ‘sewa bhav’,” Modi said. Stating that the Kashi Vishwanath temple was “targeted by enemies”, he said they tried to destroy it but it again took “rebirth due to the faith” of people. “When Gandhiji came here, he was pained why is this place is like this. In his address in the BHU, he expressed his thoughts,” Modi said, suggesting the university should make a case study of the project so that when it is completed the world can know how it happened. “We will also try to trace the history of the 40 temples discovered here and the government will also take care of them,” the PM said, adding the project will be a model for “protection and preservation” of temples and a combination of modern technology with ancient faith. “It will give new identity to Kashi in the world. Maybe it’s in my fate. In 2014, when I came here I said ‘mai aaya nahi mujhe bulaya hai’ (I did not come here on my own, I was summoned). Maybe I came here for this work,” he said. Earlier, the prime minister visited the Kashi Vishwanath temple and also inspected the project site. During his brief stay in his constituency, Modi attended the National Women Livelihood Meet 2019 at Deendayal Hastkala Sankul and distributed appreciation letters to five Women Self Help Groups, whose members shared their experiences with the prime minister. Women SHGs aided by Deendayal Antyodaya Yojana – NRLM, Uttar Pradesh handed over a cheque to the prime minister for contribution to the ‘Bharat Ke Veer’ Fund. Addressing a gathering at National Women Livelihood Meet, Modi said he could carry out development projects now that “middleman and corruption have been abolished and every penny is spent on people”. “Now there are no middleman and corruption. Modi did not have to take anything for himself. If he takes, what will he do…125 crore people of the country are my family. Keep trusting me,” he said. Listing the schemes launched by his government for women, Modi said these were playing an important role in the making of a new India.last_img read more

Read more