Martelly Initiates the Process to Reestablish the Armed Forces in Haiti

first_imgBy Dialogo November 23, 2011 On November 18, Haitian President Michel Martelly announced the creation of a civilian commission that will be in charge of preparing a calendar to reestablish that Caribbean country’s Armed Forces, dissolved 17 years ago after decades of military coups and military influence in politics. “The presidential order creating this commission will be published, and the commission will have 40 days to prepare a plan to reestablish the Armed Forces, which should be presented on January 1,” Martelly said in a speech in Port-au-Prince. “The commission will work wisely and with respect for the constitution, by means of consultation with different sectors,” Martelly promised at a ceremony attended by members of the government and foreign diplomats. Several former presidents of Haiti were present, including retired General Prosper Avril, the organizer of a coup d’état in 1989. In reference to MINUSTAH, the international mission in Haiti, the Haitian president added that, once the Armed Forces have been reestablished, “we could think about the withdrawal of the UN troops.” Since taking office at the beginning of the year, Martelly has made it clear that he wants UN forces to withdraw from Haiti and has insisted that the country needs “modern” Armed Forces. While the Armed Forces are being restored, Martelly said that he is thinking about reinforcing the police. “I rely on Haiti’s friends to help us in this task,” he added. Before their dissolution 17 years ago, the Haitian Armed Forces had around 8,000 men.last_img read more

The passionless credit union

first_imgWe choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win, and the others, too.                                                                           John F. Kennedy, May 25, 1961A few months later, President Kennedy made an unannounced visit to the space center. During his tour, he asked several folks he met the same question: “What is it you do here?”One person was in blue overalls and looked rather dirty. When JFK asked this gentleman, “What is it YOU do here?” The response was “I pick up the trash.” President Kennedy gave him a quick smile and moved on.Later in his tour, he crossed paths with another gentleman in identical blue overalls. President Kennedy asked the question again, “What is it YOU do here?” The response brought a huge grin to the president’s face. “Mr. President, I’m helping to put a man on the moon.” Both gentleman in blue overalls were janitors. While both had the same position within the space center, each one had a very different sense of purpose. One was simply picking up trash. It was his job. The other was playing a small but vital role on a team of people who were going to put a man on the moon.What would happen if you walked through your credit union and asked the same question? Would your tellers simply respond with “I handle transactions for our members.” Maybe your loan officers would say, “I make loans for our members.” What about the janitor at your credit union? Would he or she simply be picking up trash? If those are the answers you get, they’re not wrong, but they’re not very inspiring.Passion starts with purpose. Does your team have a purpose? Are they passionate about it?There’s not much excitement in just making loans for a living. But is there eagerness in helping someone through a tough time? Is there passion in helping someone buy their first home? How about energy in assisting someone realize a dream?Is there passion in helping a single mom purchase a car that will help get her kids to school and her to her job? Is there passion with helping the couple nearing retirement pay off their debt faster so they can enjoy retirement without having to worry about their finances?Why does this matter? Because passion is contagious. If you find it in your credit union from the CEO to the teller line, you’re going to find it among your members. Passion fuels word of mouth, which is what 9 out of 10 people use to make decision about doing business with a brand. Whether you’re spending $50 a year on marketing or $500,000 a year on marketing, if 9 out of 10 people talking about your brand are indifferent (or worse, talking bad about your brand), you’re flushing money down the toilet.How do you gauge the passion and the energy of your team?If, at random, we choose one of your employees and one of your members and put them in a room together, do they have anything in common? Is the member talking about that time the credit union helped them through a tough spot? Is the employee talking about his or her passion for doing those things for members every day?If your credit union locked its doors tomorrow and ceased to exist, would anyone notice? Is your marketing message solely responsible for driving growth? Or does it live in the hearts and minds of your employees and your members? Is there a culture of loyal members who need what you have, or feel such loyalty to your brand that they would protest outside the door for you to come back?Can your credit union cross its heart and hope to die on the promise you make? What is your promise? Those who come your way through glitzy ad campaigns and fancy promotions will one day realize that’s all it is – glitz and fanciness. No substance. Few can make a promise and keep it. If you can clearly make a promise in just a few words, you’re ahead of the pack. If you can keep that promise, you’ve got something special.Do you have talented people beating down your doors with resumes? Are you struggling to find employees? Some people just want a J-O-B. Others want to do work that matters, and are willing to sacrifice big paychecks and fancy benefits to passionately work with a purpose. Maybe the employees you do have, and resumes you get are from people just doing the bare minimum to get by. If you’re creatively leading your credit union with purpose, you would never have to post a job opening. There will be a wealth of talent waiting for a position to open.Is the inspiration that gave birth to your credit union alive and well? Prove it. Remembering why your credit union came into existence can be one way to turn your culture from tired to inspired. Remember the story at the beginning of this article. When one janitor was asked what it was he did for a living, he knew he was playing a part in helping to put a man on the moon. Does everyone in your credit union from the CEO to the teller line know why they are doing what they do? Is paid advertising driving your results? If the government passed a law tomorrow that outlawed paid media ads (like radio and billboards), would your credit union survive? If you’re providing stellar service and truly serving the unique needs of your members, you have fans that are doing your marketing for you. Likewise, if you’re providing dreadful service or just making loans, you have some members that would put you out of business within weeks or months with what they have to say about you.Do your credit union employees speak up or shut up? Have you beaten your employees into submission? Or do they feel empowered to speak up and provide ideas and thoughts that will help fuel your purpose? Your employees are your greatest assets. Employees, who are passionate about their purpose, will fuel members who are passionate about your purpose.Your members are nothing more than Millennials with attention deficit disorder in a room full of shiny objects. You might catch their attention for a quick second with a fun campaign. But can you keep them engaged? You never will unless you find a way to kindle a passion for your brand. Build a credit union that would leave a void in the world if it went away tomorrow. 118SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Bo McDonald Bo McDonald is president of Your Marketing Co. A marketing firm that started serving credit unions nearly a decade ago, offering a wide range of services including web design, branding, … Web: Detailslast_img read more

Some medics say they are muzzled in Egypt’s coronavirus response

first_imgAt dusk on April 10, police entered an apartment in Qalyubia province, north of Cairo, and arrested ophthalmologist Hany Bakr.The reason, his lawyer Aisha Nabil said, was an April 4 Facebook post in which he criticized Egypt for sending medical masks to China and Italy when he could not source them for his own practice.Bakr, 36, who is still detained, is one of at least three doctors arrested during the new coronavirus outbreak on accusations of spreading false news, misusing social media, and joining a “terrorist organization” – a charge that refers to the banned Muslim Brotherhood and is often used in political cases – according to their lawyers. When the government, which has boosted health sector spending and offered public health workers bonuses, imposed a curfew and shut down schools, mosques and hotels in March, some doctors praised the response.But as infections accelerated, including among medical staff, some questioned official claims the pandemic was under control. Nine doctors, lawyers and rights activists interviewed by Reuters saw a wider campaign to censor coverage of the outbreak that builds on a far-reaching crackdown on dissent under President Abdel-Fattah al-Sisi.In response to written questions from Reuters about complaints from doctors and reports of suppression of information, the state press center said Egypt was “one of the most successful countries in dealing with coronavirus”. It did not elaborate.Demands for testingAbout 11% of those infected in Egypt are healthcare workers, according to the World Health Organization, including 124 doctors, according to a May 17 report.By Monday, Egypt’s Doctors Syndicate, a national association of medics, had recorded 350 cases among physicians, including 19 deaths.The Health Ministry said on Monday that protective measures were in place and medical staff nationally had received more than 19,500 tests, including nearly 9,000 Polymerase chain reaction (PCR) tests to detect those currently infected.It said 291 health workers, including 69 doctors, had been treated in hospitals, and 11 had died.But as the virus has spread some doctors in the public health system have expressed growing concern, saying they haven’t been equipped to combat it.At Cairo’s Al Monira hospital, the Health Ministry said in a statement on Monday it had ordered an investigation into the death of Walid Yehiya, a young doctor who contracted the novel coronavirus, after his colleagues threatened to resign en masse citing reasons including a lack of preparedness and protection measures at the hospital, low pay, and administrative and security threats.At the city’s Manshyet al-Bakry hospital, staff who sought tests when 23 colleagues tested positive after the hospital began to receive suspected COVID-19 cases in mid-May were unable to obtain them, said Mohamed Moqbal, a gastroenterologist at the hospital and Doctors Syndicate board member.When doctors at the hospital decided to halt work to press for PCR tests, protective gear and training, hospital management threatened to report them to national security, he said. Officials at the hospital were not immediately available for comment.The Health Ministry did not respond to requests for comment. Mohamed Tag El-Din, a presidential health adviser, told reporters that official infection figures were accurate, denying there was pressure on doctors. Reprisals were “not allowed” and complaints would be addressed, he said.WarningBut the government has moved to stifle criticism, the sources said. A Health Ministry notice sent to hospitals in Beheira province and shared with Reuters by an activist who declined to be identified, warned health workers that if they leaked information about coronavirus they would be “subjected to legal questioning”.Doctors in three other provinces told Reuters they had seen similar warnings.One doctor from Dakahlia province who asked not to be named said he was questioned by the Health Ministry’s legal committee in the province for accusing the ministry of lacking transparency on Facebook. “The state wants to lower the number of registered deaths,” he said.The Health Ministry did not respond to a request for comment about a Dakahlia doctor who was questioned by the ministry’s legal committee in the province for criticizing it on Facebook.On state media, doctors who have criticized the government’s coronavirus figures or success in combatting the virus, have been accused of Muslim Brotherhood links. At least 500 people including activists and lawyers, and 11 journalists, have been arrested, said Gamal Eid, director of the Arab Network for Human Rights.”They don’t want anyone to report anything other than the official statements,” Eid said.An Interior Ministry spokesman did not respond to a request for comment on the arrests.  All were arrested after speaking out over a lack of protective equipment or calling for better infection control measures, the lawyers said.The Interior Ministry, which is responsible for the police, did not respond to a request for comment on the arrest of Bakr or the other doctors.Authorities deny pressure on medical staff and say the government has managed the pandemic well.Egypt has reported 19,666 cases of the coronavirus, including 816 deaths. Daily increases of confirmed cases have risen, though numbers are still far below Iran and Turkey, the hardest hit countries in the region.center_img Topics :last_img read more

Europa League draw: Arsenal, Tottenham, Leicester, Celtic and Rangers learn their fate

first_img Comment Metro Sport ReporterFriday 2 Oct 2020 12:42 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link972Shares Europa League draw: Arsenal, Tottenham, Leicester, Celtic and Rangers learn their fate The Europa League group stage will begin this month (AFP via Getty Images)Arsenal will face Rapid Vienna, Molde and Dundalk in the Europa League group stage, while Tottenham will play Ludogorets, LASK and Royal Antwerp.Leicester City, who are in the competition for the first time, will take on Braga, AEK and FC Zorya Luhansk.Celtic have been handed a tough group as they will play AC Milan, Lille and Sparta Prague.Meanwhile, Rangers will face Benfica, Standard Liege and Lech Poznan.ADVERTISEMENTThe first matches of the group stage will take place on October 22.The final is due to be held at the Stadion Energa Gdansk in Poland on May 26, 2021. EUROPA LEAGUE DRAW GROUP ARoma, Young Boys, CFR Cluj, CSKA SofiaGROUP BArsenal, Rapid Vienna, Molde, DundalkGROUP CBayer Leverkusen, Slavia Prague, Hapoel Beer-Sheva, NiceGROUP DBenfica, Standard Liege, Rangers, Lech PoznanGROUP EPSV, PAOK, Granada, AC OmoniaGROUP FNapoli, Real Sociedad, AZ Alkmaar, HNK RijekaGROUP GBraga, Leicester City, AEK, FC Zorya LuhanskGROUP HCeltic, Sparta Prague, AC Milan, LilleGROUP IVillarreal, Qarabag, Maccabi Tel Aviv, SivassporGROUP JTottenham, Ludogorets, LASK, Royal AntwerpGROUP KCSKA Moscow, Dinamo Zagreb, Feyenoord, Wolfsberger ACGroup LGent, Red Star, Hoffenheim, Libereccenter_img Advertisement Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisementlast_img read more

Why you should ditch the dud and buy a property goldmine

first_imgSA — Adelaide — St Marys — $477,602 — $78,955 (State – Significant Urban Area – Locality – Median House)NT – Darwin – Rosebery – $528,020WA – Perth – Henley Brook – $577,080VIC – Melbourne – Clyde North – $589,725WA – Perth – Jindalee – $572,623NT – Darwin – Farrar – $513,736WA – Perth – East Cannington – $444,566WA – Perth – Wandi – $507,977WA – Perth – Shoalwater – $428,932WA – Perth – Bentley – $451,875QLD – Brisbane – Bahrs Scrub – $457,678WA – Perth – Helena Valley – $570,389NT – Darwin – Howard Springs – $599,621WA – Perth – Munster – $523,772WA – Perth – Piara Waters – $482,822WA – Perth – Noranda – $524,283 (Source: QLD — Sunshine Coast — Kuluin — $509,258 — $62,817 (State — Significant Urban Area — Locality — Median House — Price Better off in three years)ACT — Canberra/Queanbeyan — Charnwood — $439,483 — $123,520 VIC — Ballarat — Miners Rest — $400,425 — $79,644 Bilambil Heights is just 30km south of Surfers Paradise … NSW — Gold Coast/Tweed Heads — Bilambil Heights — $559,164 — $105,787 NSW — Newcastle/Maitland — Tenambit —$442,552 — $50,089 TAS — Hobart — Geilston Bay — $475,613 — $88,949 NSW — Canberra/Queanbeyan — Karabar — $525,599 — $122,546 NSW — Newcastle — Maitland — Largs — $555,042 — $60,986 SA — Adelaide — Largs North — $428,047 — $64,039 Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59THEY are the suburbs where homeowners could make over $120,000 in just three years, just by offloading their underperforming properties.The top money-spinner suburbs — Charnwood and Karabar, both in the Canberra/Queanbeyan area — could see owners reap rewards of $123,520 and $122,546 respectively between now and 2022.Bilambil Heights, which is just over the Queensland/NSW border, came in third, with a potential earning of $105,787 over the same period. MORE NEWS: Inside a Palazzo Versace condo Housing more affordable: Where it’s cheaper to buy than rent Murder mystery station for salecenter_img TAS — Hobart — Old Beach — $448,259 — $50,958 SA — Adelaide — Birkenhead — $418,158 — $71,945 QLD — Brisbane — Underwood — $538,244 — $97,727 And this Kuluin property, which is listed for offers over $495,000 has three bedrooms and a 825sq m block.The research analysed suburbs with median house prices between $400,000 and $600,000 located in significant urban areas.In Queensland, Underwood in Logan ($97,727) and Kuluin on the Sunshine Coast ($62,817) were the suburbs to watch, with each suburb potentially sitting on a property goldmine. Mr Sheppard said investors opting to sell out of underperforming markets to buy into the high performing regions could find themselves well ahead, even after transactional costs such as sales commissions and stamp duty were taken in to account.Only one Queensland suburb made the top 15 list of low growth suburbs over the next three years, according to the research.*** Low forecast growth locations over three years More from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours agoSA — Adelaide — Croydon Park — $468,535 — $58,470 This three bedroom house at Bilambil Heights is on the market for $545,000, and it even has water viewsLocated in the Tweed Shire, Bilambil Heights is just 30km south of the tourist mecca, Surfers Paradise, and 70km north of celebrity hot spot, Byron Bay. ***Head of research Jeremy Sheppard said low growth forecasts were common in a number of suburbs in Darwin and Perth, which means that investors would likely be better off looking further afield.“The research showed that vainly holding on to properties in some of these locations could see your property wealth erode every year,” he said.“Savvy investors recognise that, even after transactional costs, they could potentially be better off by tens of thousands of dollars in a handful of years by simply literally cutting their losses.” *** (Source: TAS — Hobart — Austins Ferry — $404,453 — $72,635 World’s richest man creating a NYC skyhome And just 70km north of celeb haven, Byron Bay Picture: Getty ImagesRounding out the top 5 were Underwood in Brisbane ($97,727) and Geilston Bay in Hobart, which could see house values jump by $88,949 in three years, according to new research by, part of the Select Residential Property Research Group. This Underwood house has three bedrooms and a pool, all on a 607sq m block. It is listed for offers over $499,000The new research uncovered 15 affordable suburbs where buyers are tipped to make at least $50,000 in three years after offloading underperforming properties elsewhere. The analysis identified the top and bottom affordable suburbs for housing forecast growth and took into consideration selling and buying costs.The research showed that holding on to properties with poor price potential could cost owners dearly in just three years.*** High forecast growth locations over three yearslast_img read more

James “Jim” Marinucci, 58, Iola: Aug. 1, 1954 – Feb. 13, 2013

first_imgJames “Jim” Marinucci, of Iola, Kans. died Wednesday, February 13, 2013 at Wesley Medical Center in Wichita at the age of 58.James was born the son of Frank and Bonita (Fields) Marinucci on August 1, 1954 in Euclid, Ohio.Survivors include sisters, Vanessa Jones and her husband Mark of Madison, Ohio, Annette Cholewa and her husband Bruce of Eastlake, Ohio, Mary Angstrom and her husband Chuck of Georgia, and Fallie Keyhoe of Arizona.He was preceded in death by his parents.To share a memory or leave condolences, please visit are by Day Funeral Home & Crematory, Wellington.last_img

Trump speaks by presidential seal with Russian symbols and golf

first_imgPresident Trump spoke at a Turning Point USA summit Tuesday and stood before what appeared to be the US presidential seal.But further examination revealed the visual put behind him was actually a distorted image of the Presidential seal edited to look like Russia’s coat of arms.When Trump spoke at Turning Point USA summit of young conservative students, the visual put behind him was a parody Presidential seal showing an eagle with 2 heads (Russia), holding golf clubs and cash instead of arrows, and motto “45 es un titere” (Spanish for “45 is a puppet”).— Christian Christensen (@ChrChristensen) July 25, 2019The eagle had two heads, like Russia’s national symbol, and the bird is holding golf clubs instead of arrows.Neither the White House nor the young conservative group knows how the apparent practical joke on the president got on the screen or who created it.“It was a last-minute A/V mistake and , I can’t figure out who did it yet,” a Turning Point spokesperson told The Washington Post.last_img read more

Calling all backcountry skiers and snowboarders

first_imgKootenay Coldsmoke Powder Festival returns to Whitewater Ski Resort this month. What is Coldsmoke? Super light, fluffy, powder puff snow that skiers passionately pursue each winter.

 What is the Kootenay Coldsmoke Powder Festival? A four-day (Feb. 25–28) grassroots gathering of backcountry skiers, snowboarders and telemarkers from all over British Columbia and the Pacific Northwest at Whitewater Ski Resort. Now in its fifth year, the Coldsmoke Powder Festival (presented by Arc’teryx, Whitewater Ski Resort and Mountain Gear) draws dedicated, die hard and enthusiasts, as well as neophyte backcountry skiers and snowboarders who want to give off-piste adventures a try.

 Highlights include:
 • Three full days of clinics for skiers, snowboarders, and telemarkers of all ability levels. Learn about free-heel skiing skills, the basics of tree skiing, taming wild snow, route-finding and track-setting, and mountain medical skills. 
 • Parties get rolling with the Coldsmoke Opener at the Capital Theater on Friday evening, with screenings of ski films from around the world. To keep things interesting, local microbrews from Nelson Brewing Company will be on tap. On Saturday, don’t miss the Buff-Eh dinner and the Cold Shot Multimedia Face Off. 
 • Sign up and participate in one of several super-sweet contests – you can even enter the G3 ski-graphiks competition in advance. More energetic types can enter the Valhalla Pure Powderkeg Slopestyle competition, the Scarpa Poker Run, Gerick’s Dually Slalom and the ROAM Randonee Rally. It’s not called the Kootenay Coldsmoke Powder Fest for nothing. As of Jan. 30, Whitewater is boasting a base of just over 220 centimeters. For our American attendees, that is over seven feet of snow. There’s always powder at Whitewater. You just might have to earn your turns to find it.

 Check out the Coldsmoke website on your mobile phone, join their Facebook and Twitter groups, and sign up on-line for money-saving packages on courses, accommodations, lift tickets and more.last_img read more

Storage and casinos

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Last week the Argentina government allowed the peso to float versus the dollar and other world currency, causing the value to fall nearly 40%. This meant Argentinian farmers saw their stored beans increase substantially in value overnight. Eventually these farmers should be big sellers, as they are sitting on a large portion of the worlds’ bean supply. But when? It’s unlikely they will sell right away. Many farmers will wait to understand how the devaluation will affect inputs next year against current prices. Long-term, I expect this devaluation to limit upside potential in the bean market.On a the flip-side of the market, there are some dry weather concerns creeping into Brazil. Precipitation forecasts are varied, which may cause volatility in the market. Combine this with speculators evening out their positions at the end of the year, there may be opportunities for farmers to catch up on sales in the next two weeks.Have you told Santa what soybean prices you want for Christmas? Be sure he knows your orders and have them in place. If you’ve been good all year, they might get filled. The market can move very fast up and down right now and savvy farmers have their plans in place. Storage and casinosThis week I drove from Minneapolis to Lincoln. There was little to look at with harvest over, but I did notice all the grain bins along the way. It made me wonder what all those farmers’ market strategies were, especially in the newer looking ones. These bins actually reminded me of casinos in a way. Visually they look shiny on the outside, twinkle in as the sun reflects off of them, plus they have no windows. Then there is the gamble many farmers are likely taking on with the unpriced grain sitting inside.Estimates indicate that most farmers are only about 30% priced against 2015 corn production (some still have 2014 to price). So, it’s safe to say many of the bins I saw had unpriced grain in them. Unfortunately, many farmers don’t realize how much they are gambling by doing this. Instead, I recommend farmers use a long-term marketing strategy that guarantees profits every year.To reduce the gamble and risk for farmers, I recommend they learn how the market works and use it to their advantage. For instance, many farmers miss out on the market carry premium. I suspect many farmers are hesitant for two reasons. One, they are uncomfortable being 100% priced of APH or even just insured APH yields by harvest, worrying about production issues. Two, is the optimistic belief that “the market just has to go up.” Neither reason is really justifiable to not take advantage of market carry. Sales can be adjusted if production issues happen, and no one ever knows if the market will go up. However, in 8 of the last 8 years, there has been some kind of a market carry premium available in the market, not to mention the addition of basis appreciation from harvest until spring. I like those odds better than basically worrying and hoping.I try to never store unpriced grain on our farm. I use market carry and basis appreciation to almost guarantee an “edge” every year with my storage. This edge pays for my new bin payments and generates a small profit each year. This strategy is completely opposite of what 90% of farmers do with their storage. Most farmers store grain at home waiting to get higher prices later, you know, gambling.Don’t have on-farm storage? Commercial storage can also be like a casino. Paying for commercial storage while waiting for prices to increase is a losing game. The house will always win in the long run with their monthly storage fees. Savvy farmers without storage price their grain ahead of time or sell the balance at harvest to avoid storage fees. Even if the farmer isn’t priced at harvest, it’s more profitable to sell at harvest and then buy back their grain on paper, if the farmer wants to wait for higher prices. This cuts out those monthly storage fees, which drains profits away from the farm operation.I urge all farmers to learn more about how the market works for them so they can reduce risk and increase profits. Farmers need to learn to be the casino owner, not the gambler at the tables. Occasionally gamblers can beat the odds and win big, but long-term gamblers will always lose. The casino’s edge will guarantee their owners profits over the long run. If you want to gamble, go to Vegas. It will probably be cheaper and you’ll get a vacation out of it.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]last_img read more

Cong tells Sheila, Kalmadi to stop blame game

first_imgThe Congress party on Monday virtually asked Sheila Dikshit and Suresh Kalmadi, locked in an ugly public spat over allegations of corruption in the Commonwealth Games (CWG) projects, to shut up.The gag order came on a day the Group of Ministers (GoM) on CWG extended the tenure of the Games Organising Committee (OC), a step that will help facilitate investigations by various agencies into the corruption charges.”We would like everyone concerned to observe restraint,” Congress spokesperson Manish Tewari said.The inquiry ordered by the Prime Minister gives wide powers to the investigator who could recommend further inquiry by the CBI, the CVC or departmental action, the party said.Earlier in the day, the Centre ordered its officials on deputation to the Kalmadi-led OC to stay put as a probe into charges of corruption that tarred the spectacle gained momentum. The GoM on the Games headed by urban development minister Jaipal Reddy – meeting here for the first time after the Games and probably the last time after its formation – extended the tenure of the OC “until further orders”, thereby extending the stay of government officers on deputation to the committee.The GoM met in the backdrop of the spat between the Delhi CM and Kalmadi over allegations of corruption in Games projects.The meeting was attended by Delhi’s Lieutenant-Governor Tejendra Khanna, sports minister M.S. Gill, cabinet secretary K.M. Chandrasekhar and other senior officers, besides Dikshit and Kalmadi. Tourism minister Kumari Selja, who is out of town, could not attend the meeting.advertisementBriefing reporters after the meeting that lasted close to 50 minutes, Reddy said the GoM met in a cordial atmosphere to pass a resolution hailing the successful conduct of the Games and thanking all stakeholders. Emerging from the meeting, Dikshit and Gill declined comment.Reddy said the decision to extend the tenure of government officers serving in the OC was taken so that work left in the committee could be wound up. On the face of it, the development may appear routine. But the decision will help facilitate the probe by various agencies. Fears have been expressed in several quarters that vested interests within the OC may try to tamper with key documents.It has been left to the sports ministry to decide till which time the services of these officers will be spared. It means Gill has emerged as the PM’s trusted man and will help facilitate the probe. Jaipal Reddy, though, refused to answer any query on bungling in the Games projects, saying this was not the mandate of the GoM. Reddy also refused to answer any queries relating to bungling in the Central Public Works Department that built major stadiums. The agency is under the urban development ministry.Meanwhile, BJP president Nitin Gadkari tried to pull the PMO into the Games mess, saying it approved several files relating to the Games projects. The Congress was quick to retaliate, saying Gadkari lacked gravitas and it was below the party’s dignity to respond to him.last_img read more