Gary Wilhelmi 6/22/2012 Weekly Column

first_imgThe electronic scalpers continue to rip the grains and oilseeds back and forth in a trading frenzy. At least at the casino, when you lose your shirt they will buy you a drink, but not so in the markets.Dryness reaching back into our mild snow less winter is literally a growing problem as corn and soybean ratings are at five year lows. The western Corn Belt has faired better, Iowa corn was unchanged at 67% good to excellent last week, but Indiana is at 37% versus a 61% long term average. Our old crop supplies are so tight that an explosion up into the high teens is possible in beans and we need a 3 billion bushel crop this year with 14 billion corn. The weekly crop condition reports are in their prime time with no survey estimate until August, so fasten your seat belt. The dollar at over head resistance stymies exports. You hear a lot of uninformed talk about the dollar, the trend is what counts, not day to day, and it is pointed up. Our economy is sluggish and likely will be into next year, but we are better off than a crumbling collection of European economies. Gary Wilhelmi 6/22/2012 Weekly Column By Hoosier Ag Today – Jun 24, 2012 Spain and Italy are on the brink of implosion and we face a fiscal cliff, at the first of the year, when tax cuts expire and we have no kindling for the fire. China is posting soft PMI data as their economy grinds down to a 7% growth rate from over 10%. Facebook Twitter SHARE The stocks report is our prime measure of domestic usage and is often used to correct previous errors, so always tread lightly. Check out the plantings, but what really counts is what Mother Nature allows us to create.In determining your marketing strategies take the long view. If you like to trade do so in small amounts as the spec driven volatility is nonsensical and dangerous to your pocket book. The S&P 500 support is down at 1275 some 50 points away and crude oil has fallen from $108 per barrel in April to $78, and some of my long term chart associates see $40 as a potential target, or maybe worse. That would be good for our gas tanks, but an oppressive sign for the over all economy. The dollar index at 82.40 is at resistance and that hand cuffs exports. Chairman Bernanke had nothing but wishes and hopes for the EU and that don’t stoke the fire. A European news source said of the G 20 meeting,” they just stand around sipping cocktails” and indeed they did as was the case, for our out of ammunition Federal Reserve. The negative outlook produced by the FOMC was disheartening but not surprising. As weak as our economy is it’s better than those of Europe, save Germany. Also watch the slowing of Chinese growth from 10% to 7%, India is likewise in a slowing mode.Wheat ratings have also beaten a retreat and looking ahead dryness in Russia, East Europe and China are market makers. The Black Sea futures at the CME will offer an interesting comparison of major producing areas.At the end of the month we have the final plantings report and Quarterly grain stocks. Boxed beef is at a record high and so are cash hogs and pork cutout. Considering the questionable economic back drop be prepared for corrective action in the red meats. Cattle are trading well below break even levels and both cattle and hogs are facing potential sharp escalations in feed prices. Cash cattle bids and offers on Friday were $116 to $121. The cattle on feed report were expected to feature 114% placements. Watch for a pick up in hog slaughter, which would serve to shave values. Cattle kill last week topped 650,000 and that plenty. Home Market Market Watch Gary Wilhelmi 6/22/2012 Weekly Column SHARE Facebook Twitter Previous articleIndiana FFA Unveils New State Officer TeamNext articleFarmers Always an Inch Away from a Disaster Hoosier Ag Todaylast_img read more

Magheroarty to Ardsbeg Rd closed due to serious collision

first_img Arranmore progress and potential flagged as population grows Magheroarty to Ardsbeg Rd closed due to serious collision RELATED ARTICLESMORE FROM AUTHOR Facebook Important message for people attending LUH’s INR clinic Nine til Noon Show – Listen back to Monday’s Programme By News Highland – January 26, 2018 Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA Facebook Twitter The Magheroarty to Ardsbeg Road at Gortahork is currently closed due to serious road traffic collision.Gardai are advising motorists to avoid the area.Donegal County Council says local diversions are in place and HGVs should divert via R257 Gaoth Dobhair and N56.No further details are known.center_img Pinterest Google+ Previous articleNew €1.8 million Wild Atlantic Way initiative launchedNext articleMain Evening News, Sport, Nuacht and Obituaries Friday 26th January News Highland WhatsApp Community Enhancement Programme open for applications Twitter WhatsApp Homepage BannerNews Google+ Publicans in Republic watching closely as North reopens furtherlast_img read more

Two Union-Endicott students help families in need while school is closed

first_imgBut when school closed its doors because of the coronavirus, the club knew it couldn’t stop providing. Girl Up has been creating packs filled with personal care items, thanks to donations from the community and the Syracuse-based group, ‘I Support the Girls.’ But two Union-Endicott High School juniors are taking things a step further, providing feminine hygiene products too. ENDICOTT (WBNG) — Since schools have been closed around the state, districts have been providing things like learning materials and food to their students. “Even in and outside of school, the need doesn’t diminish. Girls will still need these products every month, they rely on them. So many girls rely on school for access to these products like how so many students rely on schools for access to food,” said Madison. The club is still looking for donations of all feminine hygiene products, as well as deodorant, shampoo, and conditioner. A small act of kindness that is making a big difference for many during this time. “With this bathroom initiative, it allows girls to be in a comfortable environment, and an environment that they feel is judgement-free. And where they’re in control, and they have the option to how they want to use these supplies, when they want to use these supplies. I think that’s important that it’s available to them,” said Alessia.center_img “Girl Up is a club full of passionate advocates who advocate, fundraiser, and plan events to raise awareness about reproductive health, access to education, the environment, and so much more,” said Madison. When school was in session, the club stocked the restrooms at the Middle School and High School with feminine hygiene products. “I mean look at us, we’re 16. We thought one night, we were like, ‘Well we can do this.’ And I think that anybody who is passionate about something can go out there and do something,” said Alessia. With help from Endicott Rotary, the packs are being distributed to families in need in the area. Madison and Alessia Stead are co-presidents of the club, Girl Up at UE. If you are able to make a donation contact Superintendent Nicole Wolfe by email at [email protected]last_img read more