More Cool Stuff Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Make a comment Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Your email address will not be published. Required fields are marked * Name (required) Mail (required) (not be published) Website The Los Angeles County Department of Public Health (Public Health) has confirmed 55 new deaths and 851 new cases of 2019 Novel Coronavirus (COVID-19). Forty-one people who died were over the age of 65 years old and 12 people who died were between the ages of 41 to 65 years old. Thirty-eight people had underlying health conditions including 27 people over the age of 65 years old and 11 people between the ages of 41 to 65 years old. One death was reported by the City of Long Beach and one death by the City of Pasadena.To date, Public Health has identified 28,644 positive cases of COVID-19 across all areas of LA County, and a total of 1,367 deaths. Ninety-two percent of people who died had underlying health conditions. Of those who died, information about race and ethnicity is available for 1,260 people (99 percent of the cases); 39% of deaths occurred among Latinx residents, 28% among White residents, 19% among Asian residents, 12% among African American residents, 1% among Native Hawaiian/Pacific Islander residents and 1% among residents identifying with other races. African Americans, Native Hawaiian/Pacific Islander, and people living in communities with high levels of poverty continue to have the highest rate of death per 100,000 people for COVID-19 when compared to other groups. Upon further investigation, 22 cases and one death reported earlier were not LA County residents. As of today, 5,142 people who tested positive for COVID-19 (19% of positive cases) have been hospitalized at some point during their illness. Testing capacity continues to increase in LA County, with testing results available for nearly 192,000 individuals and 13% of people testing positive.“Our hearts are with all of you who have lost loved ones to COVID-19. We are so sorry for your loss, and hope you find healing and peace at this very difficult time,” said Barbara Ferrer, PhD, MPH, MEd, Director of Public Health. “Today we are sharing the County’s Roadmap to Recovery to ensure that as we reopen our businesses we do so in a way that is safe for employees and customers, continues to slow the spread of the virus, and does not result in increases in our death rate from COVID-19. I am so grateful to all of you have worked together to get us to a place where a slow, safe reopening is possible.”As recovery planning continues, Public Health is issuing a five-stage roadmap to recovery that describes a phased approach to relaxing select directives of the Safer at Home Order and a reopening process for certain business sectors. LA County is currently in stage one of the Safer at Home recovery stage. However, the County anticipates beginning stage two as soon as Friday, May 8 by allowing florists and some retailers to offer curbside pickup. Car dealerships, golf courses and trails can also open with appropriate safeguards in place. Physical distancing and infection control protocols must be adhered to and cloth facing coverings must be worn. Later next week additional restrictions will be lifted to include many retailers, manufacturers, and other recreational facilities. The next three stages include the potential opening in phases of higher-risk businesses like movie theaters, schools, colleges and universities, followed by conventions and spectator events, to finally normal operations. Each sector will have safe reopening protocols that must be adhered to.Until final stage five is reached, Health Officer Orders and directives will still continue to ensure that we slow the spread of COVID-19 to prevent an overwhelming surge of COVID-19 cases at healthcare facilities. Physical distancing, wearing cloth face coverings, frequent hand washing, self-isolation and self-quarantine will continue to be very important throughout the foreseeable future. People who have underlying health conditions will still be at much greater risk for serious illness from COVID-19, so it will continue to be very important for the County’s vulnerable residents to stay at home as much as possible, to have groceries and medicine delivered, and to know to call their providers immediately if they have even mild symptoms.An interactive dashboard is available that provides an overview on COVID-19 testing, cases and deaths along with maps and graphs showing testing, cases and death data by community poverty level, age, sex and race/ethnicity. To view Public Health’s COVID-19 Surveillance Dashboard, visit: http://dashboard.publichealth.lacounty.gov/covid19_surveillance_dashboard/Additional things you can do to protect yourself, your family and your community are on the Public Health website, www.publichealth.lacounty.gov.Please see additional information below: HerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyYou’ll Want To Get Married Twice Or Even More Just To Put Them OnHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeautyBollywood Star Transformations: 10 Year ChallengeHerbeautyHerbeauty Community News Los Angeles County Announces 55 New Deaths Related to 2019 Novel Coronavirus (COVID-19) Public Health Unveils Five-Stage Recovery Roadmap Published on Wednesday, May 6, 2020 | 2:22 pm Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes 17 recommended0 commentsShareShareTweetSharePin it Subscribe Business News First Heatwave Expected Next Week Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Top of the News
WhatsApp Pinterest Meath102402.5785 Wexford28202.4303 Twitter Twitter Community Enhancement Programme open for applications 1,000 new Covid-19 cases in ROI, 32 in Donegal Today’s cases, 14-day incidence rate per 100,000 population and new cases in last 14 days (as of midnight 15 October 2020) (incidence rate based on Census 2016 county population) Pinterest WhatsApp CountyToday’s Cases(to midnight 15/10/20)14-Day Incidence Rate per 100,000 Population(14 days to midnight 14/10/20) Statement from the National Public Health Emergency TeamThe Health Protection Surveillance Centre has today been notified of 3 additional deaths related to COVID-19.There has been a total of 1,841 COVID-19 related deaths in Ireland.As of midnight Thursday, 15 October, the HPSC has been notified of 1,000 confirmed cases of COVID-19. There is now a total of 47,427* confirmed cases of COVID-19 in Ireland. Of the cases notified today;478 are men / 520 are women71% are under 45 years of ageThe median age is 31 years old254 in Dublin, 102 in Meath, 88 in Cork, 81 in Cavan, 75 in Galway and theremaining 400 cases are spread across 20 counties.As of 2pm today 246 COVID-19 patients are hospitalised, of which 30 are in ICU. 13 additional hospitalisations in the past 24 hours.Dr. Tony Holohan, Chief Medical Officer, Department of Health said; “Case numbers are continuing to rise. Right now, we need everyone to cut their social contacts to an absolute minimum. Every time you physically interact with another person, you are providing an opportunity for the virus to spread.”The COVID-19 Dashboard provides up-to-date information on the key indicators of COVID-19 in the community.ENDS//*Validation of data at the HPSC has resulted in the denotification of 2 confirmed cases. The figure of 47,427 confirmed cases reflects this. Homepage BannerNews Waterford32109.3127 Previous articleNews, Sport, Nuacht and Obituaries on Friday October 16thNext articleCouncil extend deadline for Small Business Grant News Highland Monaghan15368.2226 Galway75228.6590 Kerry9175.3259 Limerick22208.8407 Cork88237.31,288 Offaly<5141.1110 Clare12308.9367 Mayo26123.4161 Tipperary2288.4141 Carlow21119.468 Wicklow2191.3130 Louth33180.8233 Important message for people attending LUH’s INR clinic Leitrim18218.470 Another 1,000 cases of Covid-19 have been confirmed in the Republic, with three more deaths.In total, 47,427 cases of Covid-19 have been confirmed since the pandemic began, with 1,841 coronavirus related deaths.32 of today's new cases were in Donegal, bringing the incidence rate in the county to 365 per 100,000 as of midnight last night.The national incidence rate has risen to 217.9. Google+ Laois8168.8143 Facebook Kilkenny23122.9122 Facebook Nine til Noon Show – Listen back to Monday’s Programme By News Highland - October 16, 2020 Donegal32365.0581 Longford<5176.272 Arranmore progress and potential flagged as population grows Dublin254198.62,676 Kildare32203.6453 New Cases during Last 14 days(14 days to midnight 14/10/20) News, Sport and Obituaries on Monday May 24th Google+ Sligo34291.4191 Loganair’s new Derry – Liverpool air service takes off from CODA Roscommon7196.8127 RELATED ARTICLESMORE FROM AUTHOR Westmeath3210.7187 Cavan81735.1560 NATIONAL1,000217.910,377
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Categories: Editorial, OpinionWASHINGTON — Military parades, “treasonous” opponents — do you sense a pattern here?President Trump is such a master of the politics of distraction that everything he says and does is assumed to be a diversion from something more important, the Russia collusion issue above all. It’s certainly true that in Trump’s exotic circus of scandal and outrage, many stories that would have engulfed earlier administrations roll right off the back of the news cycle. Here’s hoping that instead, a Marine who knows what genuine battlefield heroism entails will find a way to sideline this very bad idea.He might persuade Trump to contain his self-indulgence and spend the money a parade would cost on scholarships for the children of wounded warriors and those who have died in battle, or to help homeless vets.This is what real patriotism looks like.Dwight D. Eisenhower, the last great general to serve as president, urged “an alert and knowledgeable citizenry” to mesh the “huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.” ]Trump’s parade is the antithesis of Ike’s prudence and his commitment to safeguarding our democracy. E.J. Dionne is a nationally syndicated columnist with The Washington Post.More from The Daily Gazette:Foss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Beware of voter intimidationEDITORIAL: Thruway tax unfair to working motorists It comes within days of Trump’s charge that Democrats who did not stand and cheer him during his State of the Union address could be guilty of “treason.”When a leader who often praises strongmen abroad defines routine political opposition as disloyalty to country and then suggests hauling out the military to march in our streets as he looks down from on high, friends of freedom should take notice.Those who challenge the portrayals of Trump as an authoritarian or an autocrat because our freedoms are still intact miss the point.In enduring democracies such as ours, liberty is eroded slowly by politicians who undermine the norms and practices that protect it.There is good reason why we have not made military parades a standard part of our patriotic repertoire. Trump said he got this idea from France, our democratic ally whose Bastille Day military procession goes back 138 years.This gives him cover because spectacles of the sort Trump has in mind are associated less with free nations than with dictatorships in Russia, North Korea, China, and the totalitarian regimes of the 1930s. Consider, for starters, his profiting while president from his resorts and golf clubs, his alleged payoff of a porn star, and the resignation of the director of the Centers for Disease Control and Prevention over conflicts of interest.On the substance of policy, he can govern largely by stealth.Discussion of the decisions his administration has made on a range of regulatory, environmental, labor, health care and tax matters gets pushed to the bottom of the public agenda.It will thus be tempting to dismiss Trump’s desire to have a big military parade as yet another ploy to change the subject.Trump knows perfectly well that many liberals are uneasy with massive demonstrations of military strength, so some who might raise their voices in dissent could draw back out of fear that he is baiting them and that they’ll play into his hands.Trump clearly longs to be the lead figure on the reviewing stand gazing out on the tanks and missiles as a tribute to his own power, while casting his critics as unpatriotic foes of our men and women in uniform. But this is precisely why his parade proposal should be treated as dangerous and not simply another bout of Trumpian ego enhancement. The United States, born in republican opposition to royalist rule, has been properly reticent about flaunting our formidable arsenal, typically limiting such displays to celebrations of war victories.This is in keeping with a tradition that regularly honors those who sacrifice to defend our country, but resolutely limits the political role of the armed forces.There is also an element of pragmatism in our shunning of martial ostentatiousness.Our military is, as Defense Secretary James Mattis has said, “the world’s most feared and trusted force.” There is no need to prove this with a pageant of might that is at least as likely to inspire resentment as respect — especially since it is now inevitable that even our friends abroad would see Trumpian excess in this break with our past, as Rick Noack noted in The Washington Post.Mattis has done better than most Trump appointees in avoiding complicity with the president’s worst abuses.Perhaps Mattis has decided to preserve his influence by humoring Trump’s parade envy.
Solicitor General Jose Calida invoked the sub judice rule prohibiting parties from discussing the merits of the case while a case pending in court in asking for a gag order. “An information is only as useful as it can be understood. This is especially true in cases involving complex legal issues,” it added. In their response to OSG’s motion, the ABS-CBN and ABS-CBN Convergence, Inc. said the sub judice rule should not be applied “to impair, through prior restraint, the fundamental freedoms of speech and of the press that serve as bedrocks of a democratic society.” The OSG earlier pleaded before the high court to issue a gag order against the media network, its subsidiary and “persons acting on their behalf” in connection with the quo warranto petition against them. “Will the gag order apply to the entire Filipino people? The government is part of the Republic. Will all government officials and employees be covered by the gag order?” it asked. “A gag order is a form of prior restraint – an official governmental restriction in advance of actual publication and dissemination – that violates freedom of expression and of the press,” it added. Calida’s contention said that ABS-CBN engages in propaganda by publishing videos and reports allegedly tending to “influence public opinion and unfairly encourage pre-judgment of the case.” ABS-CBN also said the gag order the OSG is asking from the high court is vague and overbroad as it is not clear who will be covered by the gag order because the “Republic,” in whose behalf the OSG brought the petition, includes the Filipino people. ABS-CBN also denied Calida’s allegation that the network is engaging in propaganda by publishing commentaries in its favor. Prior restraint, the network argued, is only allowed in 4 instances: pornography, false or misleading advertisement, advocacy of imminent lawless action and danger to national security, none of which were present in ABS-CBN’s reports. “And because what is being regulated is the content of the speech itself, the network said the gag order bears a heavy presumption of invalidity, which could only be countered by showing that there is a clear and present danger of an evil sought to be avoided,” the network said. “To presume that the Members of the Honorable Court would be unable to render impartial judgment merely because of public discussion of the issues involved in the Petition is to diminish their intelligence, experience and independent thought,” ABS CBN said. Employees and supporters of ABS-CBN Corp. gather in front of the network’s headquarters in Quezon City on February 21, 2020 to show support and call on congress to renew the broadcaster’s franchise. ABS-CBN NEWS MANILA – Television broadcast giant ABS-CBN Corp insisted that the Office of the Solicitor General’s (OSG) gag order motion against the network was not only violation of press freedom but also as deprivation of the public of a vital source of information. “’Persons acting on their behalf’ is also vague. Would anyone making public statements in favor or against a party be acting on their behalf?” the broadcast company said. ABS-CBN added the gag order bans all forms of discussion on the merits of the case which would create a chilling effect because the ordinary person would not know if the speech is not allowed by gag order. It added that the gag order will be difficult to impose not only in terms of monitoring statements but also because its employees have the right to speak. “The Republic failed to show how the subject publications create a clear and present danger of impairing the proceedings before this Honorable Court…No danger is, however, apparent from a mere perusal of the publications,” it added. “Indeed, the constitutional right to information on matters of public concern would be meaningless unless the people are given access to information that is comprehensible,” it said. “The sub judice rule was not intended to prohibit any discussion of any matter covered by a pending judicial proceeding,” the network’s response said. “It was created for a limited purpose—to prevent interference with, obstruction or impediment to the administration of justice and the erosion of the public’s trust in the justice system.” “The Republic recognizes ABS-CBN as one of the biggest broadcasting companies in the Philippines. Thus, a gag order against ABS-CBN would be a huge disservice to the Filipino people as it would deprive them of a vital source of information on a matter of ‘transcendental importance,’” the network said./PN
The gloomy weather in Southern California followed the Women of Troy up to Oregon as they struggled to string together any consistent play over the weekend.Overlooked · Senior defender Karter Haug and USC struggled early against Oregon State and could not rebound, losing the match 1-0. – Katelynn Whitaker | Daily Trojan Facing the Oregon State Beavers (10-1-1, 2-0-0) to kick off their road trip, the Women of Troy (8-4-2, 1-2-0) came out lethargic and couldn’t recover, falling 1-0.“The first half, we were just casual observers in the game and it took us [until] halftime to figure out what Oregon State was doing,” USC coach Ali Khosroshahin said.The second half would prove to be much better as the team picked up its intensity and started to play with more energy, rattling off 10 shots on goal.To its misfortune, none of the shots would fall as Oregon State Beaver goalkeeper Colleen Boyd denied shot after shot. Though the Women of Troy were on the attack constantly, it was Beavers forward Chelsea Buckland who found the back of the net in the 83rd minute of regulation, giving her team a 1-0 lead and the victory.“I think today we might have underestimated them and we came out really flat,” said senior defender Karter Haug. “It was a hard loss to take, but hopefully our team can learn from this and bounce back.”In the second game of their road trip, against the Oregon Ducks (4-7-3, 0-2-1), the Women of Troy (8-4-3, 1-2-1) managed to play to a 1-1 tie.“We knew this game was going to be tough [because] Oregon hung with UCLA,” redshirt junior midfielder Ashli Sandoval said. “We knew we needed to play smarter and more tougher.”In the first half against Oregon, a slow start plagued the Women of Troy again. The Ducks managed to strike first in the game, scoring in the 30th minute of the game when forward Jen Stoltenberg knocked in for her 10th goal of the season.“We need to figure out how we can begin the game with more urgency and that seems to be the biggest obstacle for this team right now,” coach Khosroshahin said.Despite multiple corner kicks and other opportunities on goal, the Women of Troy couldn’t find the back of the net in the first half and went into halftime trailing 1-0.Going into the second half, the Women of Troy picked up their play. In the 69th minute, a foul on goalkeeper Lindsay Parlee gave the team a penalty kick. Haug shot wide right, however, and the score remained 1-0.But the Women of Troy would get another opportunity in the 81st minute when they were awarded another penalty kick — this time, Sandoval found the back of the net, knotting the game up at 1-1.The goal left the Women of Troy with a loss and a tie over the weekend, but despite the results Khosroshahin is encouraged by the team’s development.“A loss and a tie isn’t what we hoped for, but it was a necessary experience to face two tough opponents in our conference,” he said. “Our team is growing and we still are learning, and as long as we’re learning and figuring stuff out, I think we’ll be fine.”
ARCADIA — Fourty Niners Son has a date in New York later this month after the 4-year-old grandson of Forty Niner scored a powerful one-length victory in Sunday’s $250,000 Grade I Clement L. Hirsch Turf Championship during Santa Anita’s Oak Tree meet. Owner Ken Baxter said plans call for the gelding to race in the Breeders’ Cup Turf, a 1 1/2-mile marathon, at Belmont Park on Oct. 29. “We don’t think the distance is any factor,” Baxter said. Fourty Niners Son, the 7-5 favorite, came into the 1 1/4-mile race off a troubled third in the Arlington Million on Aug. 13. He had no trouble in this one and tracked the leaders from fifth in the early going before closing strongly in the stretch under Corey Nakatani to win in 2:01.17. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe top 10 theme park moments of 2019 “Today we were fortunate, and it parted like the Red Sea,” Nakatani said. “He’s only going to keep getting better and better.” Whilly, a 14-1 long shot ridden by Felipe Martinez, beat 15-1 outsider Leprechaun Kid by a head for second money but was disqualified to fifth by stewards John Hervuveaux, Kim Sawyer and George Slender for interference near the wire. Martinez was livid afterward. “How can they get away with this?” he said of the stewards. “Everybody saw what happened. They should be put in jail for what they do.” Laura’s Lucky Boy, the original fourth-place finisher, was placed third. “I feel so bad for the owners,” Whilly’s trainer, Doug O’Neill, said. “They got robbed, but that’s part of racing … I think we got a questionable call there.” Healthy Addiction’s camp earlier had to withstand a stewards’ inquiry before the Boston Harbor filly’s half-length victory in the $250,000 Grade II Lady’s Secret Breeders’ Cup Handicap became official. “I didn’t think there would be an inquiry, and then Garrett (jockey Gomez) came back and told us it (bumping) was mutual,” winning trainer John Sadler said. Healthy Addiction, who went gate to wire, also is Breeders’ Cup-bound after running 1 1/16 miles over the main track in 1:42.23. It was the 4-year-old filly’s third consecutive victory and sixth in 14 lifetime starts. “This filly had lots of seconds and thirds, but she’s improving with age,” Sadler said. “She’s just developing.” Healthy Addiction is owned by Pamela C. Ziebarth, whose mother bred two-time Breeders’ Cup Classic winner Tiznow. Ziebarth became a co-owner of Tiznow after his first Breeders’ Cup score. Alex Solis rode Brother Derek, a Cal-bred son of Benchmark, to a gate-to-wire victory in the $200,000 Grade II Norfolk Stakes for 2-year-olds at 1 1/16 miles on the dirt. Brother Derek covered the distance in 1:44.38 and won by three-quarters of a length over 2-1 favorite A.P. Warrior as the 7-2 third choice in the wagering. Trainer Dan Hendricks indicated after the race that the colt will be pointed toward the Breeders’ Cup Juvenile. Art Wilson can be reached at (626) 962-8811, Ext. 2103, or by e-mail at [email protected] 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!
Share Facebook Twitter Google + LinkedIn Pinterest There is a lot of unsold corn in farmers hands. Some estimates indicate only 40% to 45% of the 2016 crop is sold. With 16% carryout, there is plenty of supply available for the remaining seven marketing months. End users aren’t desperate for corn.Despite the abundant corn supply I think corn futures have upside potential long-term. This may be caused by funds buying commodities as a hedge against inflation, reduced 2017 corn acres or a summer drought scare. If this happens, I would expect basis values to drift lower.BasisDue to heavy supply, basis has been disappointing lately, running lower than normal for this time frame.Beans 40 to 50 cents below normalWheat 40 to 50 cents below normalCorn 20 cents below normal.In some ways the corn market is acting similar to 20 years ago. Ultimately basis fell apart as futures increased back then. It’s unclear if basis traders or farmers with HTAs will get burned in the same way this year.Following are some uncertainties that may impact basis in the short-term and long-term.Mexico exports — The future of corn exports to Mexico, NAFTA and Trump are uncertain. While probably a long shot, if exports to Mexico are shutdown it would create not only a logistical nightmare for corn and basis levels.Japan exports — China is trying to reduce their corn supply by selling to Japan, a traditional U.S. corn buyer. This may reduce export demand from the U.S. but not change world stocks.Normal South American harvest — South American harvests will likely be normal. This may hurt U.S. export demand and cause basis levels to drop at shuttle loading facilitiesFeed demand — Feed demand may decrease due to warmer spring weather and/or wheat is being used more and more in feed rations.Ethanol — Reduced ethanol profits may cause plant slowdowns and decrease basis in certain areas.In an effort to reduce potential basis risk for my farm, I set basis for much of my stored corn.10% — 2015 production stored through winter for March farm pick up: -.44 March futures50% — 2016 production July farm pick up: -.46 July FuturesWatching basis for the last three months, this was:10 cents below the best bid I could have received for this year.7 cents below basis the first week of harvest5 cents above the lowest bid I saw the fourth week of harvest. So you missed out on 10 cents potentially?Yes and no. By waiting until now, I collected 10 cents in market carry rolling Dec futures to Mar. So, this offset the missed opportunity I could have received if I knew at the time basis was at its highest right before harvest (which no one knew and is usually not the case).In most years waiting until well after harvest is complete and even into the spring to set basis is more profitable. While I use trends to help make decisions in my marketing plan on likely outcomes, sometimes the less likely result occurs.In the end, I didn’t quite cover my yearly bin payment with basis and market carry premium. However, I have more than made up for it in previous years, so overall I’m ahead. Why the 2015 production?I had enough home storage last year, so I held some corn hoping for better basis this spring compared to last July. Unfortunately, March basis was 12 cents lower than last summer, but I picked up 30 cents of market carry for holding my corn until now, or a net 18-cent premium. Since I can blend grain as I fill and unload bins, the loss in shrink was minimal — less than 2 cents. Why sell most of your corn in July if basis was 2 cents lower than March?I always need to core a little corn in late winter to keep the crop in good condition through summer. Also, the market is paying 14 cents of market carry to hold my grain until summer. So, while I lost 2 cents in basis, I net 12 cents for the trade. This is another illustration why farmers need to consider basis and market carry separately in the marketing strategy. In doing so, it allows farmer to take advantage of all potential premiums and opportunities available in the market. I can’t hold grain because of cash flow issues.Many farmers use this excuse for not having on-farm storage or not taking advantage of market carry premiums. This is an easy fix by having a conversation with the banker. I’ve worked with many bankers to adjust farmers’ pay down loans from spring pay offs to later months if it’s clear there is premium available for doing so.For instance in my example above, waiting to get paid in July verses March means waiting four months to pay off an operating loan. Let’s assume 5% interest with cash corn values at $3.30. This means it costs 1.375 cents per month to not pay off the operating note (or 5.5 cents to wait four months). After considering basis and market carry premium at 12 cents, I will make 6.5 cents after loan expenses.Once a farmer shows a banker they have the grain prices set with a hedge and the market is paying both of you to wait, they are on board. This is a very safe loan and bankers love safe loans. In the end, everybody wins. Seems like a lot of work for 6.5 cents.I’m glad a lot of farmers think that way because 6.5 cents on 175 bushel per acre is over $11 per acre profit. What if basis goes back up?It is possible I “pulled the trigger” on the corn basis too early. That’s why I only set basis on 60% of my grain. By doing this I reduced substantial risk in the basis while still allowing for some upside potential (maybe 5 to 10 cents) if basis rallies in upcoming months. If corn futures go up in the long-term (which I think it will) this will likely put downward pressure on basis lower and lower. Current PositionsWhile only half of my basis is currently set for 2016, I’m getting closer to knowing my final positions for the year. POSITION – CORN201620172018Corn Sold with futures85%10%5-15%CBOT Price Average$3.94$4.00$4.00Market Carry$0.23$.24 est$.24 estBasis on Farm$-0.46 est$-.30 est$-.30 estOptions & spread profits$0.23 estCash Price$3.94 est$3.94 est$3.94 est 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. The sources for the information and any opinions in this communication are believed to be reliable, but Superior Feed Ingredients, LLC does not warrant or guarantee the accuracy of such information or opinions. Superior Feed Ingredients, LLC and its principals and employees may take positions different from any positions described in this communication. Past results are not necessarily indicative of future results. He can be contacted at [email protected]
Orlando Magic’s D.J. Augustin drives past Cleveland Cavaliers’ JR Smith in the second half of an NBA basketball game, Saturday, Oct. 21, 2017, in Cleveland. (AP Photo/Tony Dejak)CLEVELAND — The Orlando Magic certainly know how to end a long losing streak.Nikola Vucevic scored 23 points and the Magic snapped a 17-game skid against the Cleveland Cavaliers, routing the defending Eastern Conference champions 114-93 on Saturday night.ADVERTISEMENT Orlando’s players knew their first win over Cleveland since Nov. 23, 2012, was more than your typical early regular-season victory.“This game had lots of positives, one of the most positives we’ve had in a long time,” Vucevic said. “I’m really happy for this team because we haven’t had success against them for a while.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutThe Magic never trailed and built a 21-point lead late in the first quarter. Orlando led 36-18 after the first, hitting 14 of 24 from the field — eight of them 3-pointers.Orlando made 17 of 35 3-pointers in all, and took their biggest lead, 106-69, midway through the fourth when both teams cleared their benches. Kammuri turning to super typhoon less likely but possible — Pagasa Hot World Series on deck: Altuve, Astros vs Kershaw, Dodgers QC cops nab robbery gang leader, cohort MOST READ Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LATEST STORIES CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Read Next Stronger peso trims PH debt value to P7.9 trillion Typhoon Kammuri accelerates, gains strength en route to PH Brace for potentially devastating typhoon approaching PH – NDRRMC LeBron James scored 14 points in the first quarter and finished with 22 as the Cavaliers lost for the first time in three games.“They came out and gave us one from the beginning of the game and they kept it going,” James said. “We were a couple steps behind and they made us pay.”Cavaliers coach Tyronn Lue called timeout less than five minutes into the game when Orlando took a 15-4 lead. The Magic continued to build the margin, which reached 42-20 early in the second quarter on Bismack Biyombo’s tip-in.They outplayed us,” Lue said. “They kicked our butt.”Cleveland trailed 56-45 at halftime and cut the lead to 65-58 midway through the third when James blocked D.J. Augustin’s drive and Dwyane Wade hit a 3-pointer. The Magic answered with a 12-0 run, including a banked-in 30-footer from Augustin and two baskets by Vucevic.ADVERTISEMENT Don’t miss out on the latest news and information. Kin of Misamis Oriental hero cop to get death benefits, award — PNP Japan ex-PM Nakasone who boosted ties with US dies at 101 “Last year, we probably would’ve crumbled when they got the lead down,” Augustin said. “We’ve got a lot of goals in mind this season, but we’re staying humble.”Vucevic, a night after scoring a career-high 41 points in a loss to Brooklyn, was 11 of 16 from the field.Jonathon Simmons scored 19 points while Evan Fournier added 13 for Orlando. Iman Shumpert scored 21 points, including 15 in the fourth quarter, and Kevin Love had 18 for Cleveland.Derrick Rose missed the game for Cleveland with a sprained left ankle after being fouled by Milwaukee’s Greg Monroe on Friday.“They were far from their best and we understand that,” Orlando coach Frank Vogel said. “We need to keep that in perspective.”THE REAL REASONVogel called timeout after the Cavaliers cut the lead to seven in the third quarter. He joked his speech in the huddle keyed Orlando’s surge that put the game away.“I just inspired them during that stretch,” he said. “It was all me, really.”EXPANDING HIS GAMEThe 7-foot Vucevic hit 6 of 8 3s on Friday and added another against Cleveland.“A guy makes six threes, you have to respect that,” Lue said. “If you put a smaller guy on him he can go to the block. If you put bigger guys on him he’s able to pop and get off shots.”TIP-INSMagic: F Aaron Gordon (sore left ankle) did some work on the court before the game, but sat out for the second night in a row. … G Elfrid Payton (strained left hamstring) did not play after being injured Friday at Brooklyn. An MRI revealed a mild to moderate strain. No timetable was given for his return.Cavaliers: Rose’s injury moved Jose Calderon, the only other true point guard on the roster, into the starting lineup. The veteran was pulled five minutes into the game after missing two shots and didn’t start the third quarter when Shumpert ran the offense. Calderon returned in the fourth quarter.UP NEXTMagic: Host Brooklyn on Tuesday.Cavaliers: Host Chicago on Tuesday. View comments