Business start-up, social upliftment programme, environmental awareness initiative – the Kelp Environmental Learning Project (K.E.L.P) combines all three to give a completely new twist to the South African soccer fan’s trademark vuvuzela trumpet.Click arrow to play video.MediaClubSouthAfrica: Colourful vuvuzelas – from kelpPublished on SouthAfrica.info on 9 March 2010.
Share Facebook Twitter Google + LinkedIn Pinterest It was another week of relatively boring, range-bound markets. With the holidays approaching it seems like the trend will continue.Since harvest I’ve been presenting Grain Marketing Workshops to farmers throughout the Midwest. During these meetings, I’ve had the chance to talk to many farmers about future plans. Many farmers have indicated they will plant more beans in 2017, since beans currently are above $10 and corn is under $4. Obviously this is anecdotal information. We won’t receive confirmation on this until the March 31 USDA report.If this does happen, corn may have more upside potential several months from now, maybe even $4 by summer. For the time-being though (the next 100 days) I expect unexciting trading in the corn market.Dry weather concerns in Argentina are keeping prices firmly above $10. However, the Brazil harvest is expected to be a record and the problems of last year are unlikely. The market is weighing these issues along with uncertain demand from China.As mentioned above, I think a lot of farmers will switch corn acres to beans in 2017. I also don’t think the market has this change built into prices yet. Therefore, I want to cover and protect my last 25% of 2017 crop. The tradeWith beans around $10.15, I purchased a Nov $10 put for 55 cents and sold a Nov $11 call for 35 cents (20-cent net cost). What does this mean?If at the end of October beans are trading:Below $10 — I have $10 floor price (less the 20 cents) – $9.80Above $11 — I have $11 maximum or ceiling price (less 20 cents) – $10.80Between $10 to $11 — I can set my price wherever the market is (less 20 cents)Before this trade I was 75% priced at an average of $9.73. Now, I’m 100% priced with a guaranteed $9.75 floor and an opportunity to hit a $10 average (if prices are $11+ next fall).Obviously I don’t know where bean prices will ultimately go, but I know at the prices above I am well above my cost of production. Today I am more worried about bean prices falling and being forced to take less than current levels and less concerned about missing upside potential. As always, my goal is to have a profitable farm operation, and at these prices I have guaranteed that. Understanding and accepting bean volatilityLast week I was in a meeting with a global grain trading company and farmers discussing why the bean market was so strong. The farmers were concerned with such high prices despite so many bearish fundamentals in the market. This confusion over irrational market behavior was causing many farmers to hold when they should consider selling. Nearly all of the farmers in the room still had unpriced 2016 beans and most had nothing sold yet for 2017.Often farmers can suffer from a case of “analysis paralysis,” scrutinizing all the data and details to make sense of the market. They hope with all this analysis they will be able to sell at the top of the market, making the biggest profit possible. The thing is, farmers aren’t traders or speculators (who are also analyzing enormous amounts of data), so they need to think differently. Farmers are producers who will always have more product to sell. And to continue to be a farmer, they need to ideally sell at a profit every year.The problem with beans is that they are usually much more volatile than corn. There are many reasons for this, but one of the biggest reasons is that South America produces over 50% of the world’s beans while the U.S. produces only about 33%. The two harvests are only six months apart. Honestly, farmers should really just focus on not losing money on beans every year, rather than trying to hit the top of the market.Following is an example for why worrying about hitting the top of the bean market is not necessary. I plan to produce 20,000 bean bushels in 2017. If beans were to rally $3 next year I could miss out on $60,000 being 100% priced today. While this would be unfortunate, it’s important to realize that if beans rally, corn would most likely ALSO rally — probably $.50-$1 per bushel in a $3 bean rally scenario. Since I will produce 130,000 corn bushels in 2017, this would mean $65,000 to $130,000 in corn profit. So, I’m still ahead if a bean rally happens, I would just take advantage of it with corn instead. Plus the opportunity is so much bigger with corn. Also I’m expecting the odds of beans being over $10 next year to be low.Rather than trying to rationalize bean market volatility so you can sell at the top of the bean market, focus on just taking profits on all of your beans consistently every year. Waiting too long may mean missed opportunities. 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 firstname.lastname@example.org.
Share Facebook Twitter Google + LinkedIn Pinterest OMAHA (DTN) — The month of February is important for growers in the key Corn Belt states who purchase revenue-based crop insurance policies. It’s when the projected prices for those policies are set.During February, DTN will post a running tally of the December corn, November soybean and September Minneapolis wheat futures averages in Ag News.The average as of 02/21/19: $4.00 per bushel for corn, $9.55 per bushel for soybeans and $5.78 for HRS wheat.2019Dec CornNov BeansSep HRS1-Feb$4.0225$9.5725$5.91754-Feb$4.0250$9.5800$5.90755-Feb$4.0350$9.6050$5.90006-Feb$4.0300$9.6300$5.87757-Feb$4.0025$9.5575$5.81008-Feb$3.9925$9.5700$5.802511-Feb$3.9775$9.4900$5.800012-Feb$4.0200$9.6000$5.810013-Feb$4.0250$9.5875$5.840014-Feb$3.9925$9.4800$5.770015-Feb$3.9925$9.5200$5.757519-Feb$3.9675$9.4575$5.682520-Feb$3.9850$9.4850$5.607521-Feb$4.0175$9.5425$5.682522-Feb$4.0175$9.5450$5.740025-Feb$3.9850$9.5550$5.640026-Feb$3.9625$9.4875$5.665027-Feb28-FebAVG$4.00$9.55$5.782018$3.96$10.16$6.31You can also check out a running tally of RMA’s harvest prices and prices recently in discovery here: http://prodwebnlb.rma.usda.gov/…Revenue policies with harvest-price protection cover losses caused by a difference in the harvest price (determined in October) from the projected price (determined in February). They also cover revenue losses in the event prices tumble between planting and harvest, as they did for corn in 2008.For producers in 31 states, the closing price of the December corn contract during each trading day of February is averaged to determine a revenue-insurance-projected price guarantee. The November contract closes are averaged during February for projected price for soybean revenue-based insurance contracts. The September Minneapolis spring wheat closes are averaged for wheat revenue insurance. States with earlier planting have their spring guarantees set at a different time.“The amount of insurance protection is based on the greater of the projected price or the harvest price,” according to the Risk Management Agency’s website. “If the harvested plus any appraised production multiplied by the harvest price is less than the amount of insurance protection, the producer is paid an indemnity based on the difference.”Revenue protection policies with harvest price exclusion insure based on the projected price only. “The amount of insurance protection is not increased if the harvest price is greater than the projected price,” RMA states.Send comments to email@example.com(AG)© Copyright 2019 DTN/The Progressive Farmer. All rights reserved.
Website: thegeocachingjunkie.comTwitter: @thegeojunkieFacebook: The Geocaching JunkieShare with your Friends:More SharePrint RelatedThe world’s largest geocache series: Church MicrosNovember 2, 2017In “Community”Projekt 2013: The Mega-Event that Fought the Rain and WonJune 4, 2013In “Cache In Trash Out”A new country souvenir: Romania!December 19, 2016In “Community” Written by Sarah Murphy aka The Geocaching JunkieFans of the HBO series Game of Thrones will be familiar with the fictional setting of Westeros, but did you know that many of the filming locations used for the cold and icy north are in Northern Ireland? We’re warned that ‘winter is coming’ and that’s certainly true on the Emerald Isle when a warm, sunny day is often followed by a stormy, wintery one. However the changeable weather is probably not what attracted Game of Thrones producers to Northern Ireland; the breathtaking landscapes and magical ruins were a much more likely draw.There are lots of great geocaches placed near filming locations so you can do your own Game of Thrones caching tour. Here are some of the highlights: Winterfell / Castle WardWinterfell / Castle WardThe historic farmyard at Castle Ward on the edges of Strangford Lough was chosen as the location of Winterfell for the pilot series of Game of Thrones. Set on 820 acres of landscaped gardens and leafy woodland, the farmyard is just a tiny part of a massive estate which is home to lots of great geocaches. Closest cache to Winterfell: Castle Ward Clocktower (GC3307G)Robb’s Camp / Audley’s Field and Castle Robb’s Camp / Audley’s Field and CastleOn the edge of the Castle Ward estate, perched on the banks of Strangford Lough, sits Audley’s Field and Castle, where many scenes were filmed in the first two seasons. The castle is an impressive 15th century tower house, and its slightly elevated position affords it great views over the lake. The location scouts really struck gold when they discovered Castle Ward!Closest cache to Robb’s Camp: Audleys Casle (GC59BXE)The Iron Islands / Ballintoy HarbourThe Iron Islands / Ballintoy HarbourOn the North Antrim Coast sits the secluded Ballintoy Harbour, hidden away at the end of a narrow and winding road. The tiny fishing harbour was chosen as the location for the Iron Islands and is where Theon Greyjoy first meets his sister Yara. There is both a traditional and an EarthCache located at this quaint port.Closest cache to the Iron Islands: The Fault Lies Here: Ballintoy Harbour (GC6H6KX)Where Robb Stark was proclaimed ‘King in the North’ / Inch Abbey Inch AbbeyThe Emerald Isle boasts many magnificent ruins but one of my favourites is the haunting Inch Abbey in Downpatrick. The abbey is a ruined monastic site and features an imposing Gothic window. It was at night in the middle of these ruins, where Robb Stark was proclaimed to be King in the North and the impressive east window is easily identifiable in the scene.Closest cache to where Robb Stark was proclaimed King in the North: Within an Inch (GC16AGQ)House Tully / Gosford Castle House Tully / Gosford CastleAnother castle, this time in County Armagh, was chosen as the location for House Tully of Riverrun. Gosford Castle, set in 27 acres of gorgeous woodland, dates from the 19th century but has been completely restored in recent years and is now home to private apartments, as well as the fictional Tully family! The leafy surrounds of Gosford Park is a veritable treasure trove of great geocaches.Closest cache to House of Tully: Game of Thrones# The Brothel (GC481TE)Dragonstone / Downhill Strand Dragonstone / Downhill StrandNorthern Ireland is not short on beautiful beaches and while the water temperature could be described as bracing at best, the scenery more than makes up for it. Downhill Strand affords the visitor golden sands, a fresh Atlantic breeze and a view of Mussenden Temple in its commanding position on a clifftop. If you go for a daytime stroll on the beach, it might be hard to imagine this as the location of Dragonstone, where the witch Melisandre leads King Baratheon to betray his gods, amidst dancing flames and shadows chanting about the night and its terrors.Closest cache to Dragonstone: Little Bridges #849 – “The Night is Dark…” (GC6FVD0)The King’s Road / The Dark HedgesThe King’s Road / The Dark HedgesBregagh Road is a stunning avenue of beech trees planted in the eighteenth century by the Stuart family to impress visitors as they approached their mansion, Gracehill House. The gnarled branches are still impressing visitors to this day, not least of all Game of Thrones fans, who come to see the King’s Road from season two. The avenue is a popular stop for tour buses so you need to get there early to get the best shot of the mangled branches. Closest cache to the King’s Road: The Dark Hedges (GC38KY0)The above is just a sample of the many Game of Thrones filming locations you can find by geocaching your way around. There are many hidden gems that the location scouts managed to uncover, which leads one to wonder if they are in fact geocachers themselves?! The Geocaching Junkie
Mega PlatesFirst up is the all new Mega Plates module.In the wonderful world of visual effects, a clean plate allows artists to perfectly composite multiple images. It’s essentially the background image without the foreground objects, whether those are actors, cars, etc. Once you separate the foreground from the background via a clean plate, you can apply effects to both images for visual effects magic.Unfortunately, in many cases, a clean plate doesn’t get captured during production. However, you can always manually create a clean plate by removing the foreground object then paint in the background. This is certainly more labor intensive, but it’s often the only option. While performing this technique on a static shot is simple enough, what about when a shot is moving — such as a pan? Enter the Mega Plate.Here’s a great example of how you can enhance backgrounds with Mocha Pro 2020 and Adobe After Effects.The Mega Plate module is a unique new feature, building on Mocha’s most powerful core technologies: planar tracking and temporal frame analysis. It helps users create a stitched extended frame for visual effects tasks. Working with Mega Plates is a new way to visualize and work on a larger-than-raster “Mega” canvas for common VFX tasks such as object removal, clean plating, sky replacements, matte painting, and set extensions.Use rendered Mega Plates in Mocha’s Remove Module or export it with tracking data for advanced effects. Use the exported data in Foundry NUKE, Adobe After Effects, Blackmagic Fusion, or other VFX applications.Area BrushCreating shapes in Mocha can be a tedious, time-consuming process. The new Area Brush is a dynamic new paint tool designed to speed up this task. Area Brush, with Quick Mask mode, brings fluid gestural paint functionality into Mocha to define planar tracking and masking search areas.For example, instead of clicking and dragging spline points, adding and subtracting paint strokes get converted to vector splines. This method speeds up and simplifies multi-shape tracking and masking set-ups. The Area Brush also supports Wacom tablets for pressure-sensitive scaling. Select the Area Brush and paint on the screen. The brush will scale based on pressure sensitivity.Here’s a closer look at the Area Brush tool. The latest version of Mocha Pro just hit the scene, and it’s chock-full of new tools geared toward visual effects artists.The award-winning planar tracking software received several new features, including mega plates, a new area brush, and advanced color management support. Let’s take a closer look at Mocha Pro 2020. OpenColorIO (OCIO) SupportLast, but not least, is the new support for color management.With OpenColorIO, you’ll never have to wonder if your color is off again. Mocha Pro’s adoption of OCIO means you’ll have consistent and predictable color display across industry workflows. It’s compatible with the Academy Color Encoding Specification (ACES) and enables improved color-managed workflows with high-end post-production and VFX applications, including Boris FX Silhouette, Foundry’s NUKE, Autodesk Flame, Avid Media Composer, and more.To learn more about Mocha Pro 2020, head over to the Boris FX website.Cover image via Boris FX.Looking for more on video production? Check these out.Adobe Unveils Auto Reframe and Other Video Editing Updates at Adobe Max ShareGrid Acquires BorrowFox in Plan to Expand to United KingdomThis ‘Pocket Film School’ Teaches Everything You’d Learn in Film School7 Tutorials for Editing Audio in Your Film and Video ProjectsThe Best Video Editing Programs: Final Cut Pro vs Premiere Pro
Typhoon Kammuri accelerates, gains strength en route to PH John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding AFP official booed out of forum View comments Thomas has solid debut but Lakers fall to Mavericks NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Giannis Antetokounmpo powers Bucks in bounce back win over Celtics PLAY LIST 02:29Giannis Antetokounmpo powers Bucks in bounce back win over Celtics00:50Trending Articles00:50Trending Articles01:29Police 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 Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City “This was a must-win for us. We were missing some guys and the bench had to come up big,” said Terry, who had only nine 3-pointers for the season before adding three Saturday night. “I can still come in and be a spark,” he said. “At this age you find ways to help your team if you’re on the court.”Milwaukee stayed ahead by hitting 13 of 20 shots in the fourth quarter, winning for the eighth time in 10 games.Mario Hezonja led Orlando with 23 points. Evan Fournier added 20, and Shelvin Mack had 19.Khris Middleton had 21 points, nine rebounds and seven assists for Milwaukee.The Bucks (31-24) won for the sixth straight time in the second game of a back-to-back.ADVERTISEMENT Read Next The Magic (18-37) missed 14 straight 3-point shots and saw their three-game winning streak broken.“We were right there the whole game,” said D.J. Augustin, who missed all four of his threes. “I felt like we could have pulled away at the end, but Jason Terry came in and hit some big shots, like he’s been doing his whole career.”Mack made all six of his shots in the first half in leading Orlando to a 54-50 halftime lead. But after Mack made a 3-pointer midway through the second quarter, Orlando missed 16 of its next 17.Hezonja scored nine of Orlando’s first 11 points, and a couple of free throws by Augustin with 3:31 left in the second quarter gave the Magic a nine-point lead, the biggest for either team until the Bucks matched it in the fourth quarter.VOGEL ENCOURAGEDThe Magic’s failure to win a fourth straight game for the first time since December of 2015 did not discourage coach Frank Vogel. “This is the standard of how we want to play. We want to build an extra-pass culture with a competitive spirit on the defensive end,” Vogel said. It takes time for this stuff to develop but it looks pretty good right now.”TIP-INSBucks: C John Henson did not play because of a sore right hamstring. … F Jabari Parker, who has played 71 minutes in four games since returning from a knee injury, was inactive for the second game of a back-to-back. … The Bucks are 9-3 in the second game of back-to-backs.Magic: Four days after scoring a career-high 34 points against Cleveland, F Jonathon Simmons had nine on 4-for-14 shooting. … F Aaron Gordon (seven games, strained left hip flexor) and C Nikola Vucevic (21 games, fractured left hand) are expected to return soon.UP NEXTBucks: Host Atlanta on Tuesday night.Magic: At Chicago on Monday night. 2 ‘newbie’ drug pushers fall in Lucena sting Brace for potentially devastating typhoon approaching PH – NDRRMC Don’t miss out on the latest news and information. Slow and steady hope for near-extinct Bangladesh tortoises LATEST STORIES Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH A couple of 3-pointers by the 40-year-old Terry put the Bucks ahead to stay late in the third quarter, although the game stayed close until Antetokounmpo’s three-point play made it 107-100 with 45.7 seconds left.“I’m not sure a lot of teams have a guy like Giannis,” Milwaukee coach Joe Prunty said. “You can go up and down the stat sheet and you know it’s going to be filled.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutThe 6-foot-11 forward had a modest game by his standards, compiling five rebounds, five assists and a couple of blocks.But the Bucks might not have won without the contribution of Terry, who put them ahead to stay with a couple of 3-pointers late in the third quarter. MOST READ Milwaukee Bucks forward Giannis Antetokounmpo (34) dunks the ball in front of Orlando Magic forward Jonathon Simmons (17) during the first half of an NBA basketball game Saturday, Feb. 10, 2018, in Orlando, Fla. (AP Photo/Phelan M. Ebenhack)ORLANDO, Fla. — The Milwaukee Bucks got what they have come to expect from 23-year-old Giannis Antetokounmpo and an unexpected boost from 40-year-old Jason TerryAntetokounmpo scored 32 points and Terry came off the bench to score 11 points in the second half in the Bucks’ 111-104 victory over the Orlando Magic on Saturday night.ADVERTISEMENT