Seed Consultants 6/12/2013 Market Watch with Gary Wilhelmi

first_img Seed Consultants 6/12/2013 Market Watch with Gary Wilhelmi SHARE FinancialGlobal volatilityDow falls 127 points to close at 14,995 or below around number supportS&P down 14NASDAQ off 36Upcoming Fed meeting rocks the financial boatWTI crude up $ .48 under $ 96Dollar index 81.00 off 11 is on the soft side but exports have not benefited from thatGold closed $13 higher is of no consequence10 year note pushes up top 2.23 %LivestockCash cattle call slightly lower, but August futures do nothingTypical BBQ cuts for Father’s DayJuly hogs were high at $110.07 but profit taking shaved the close back to $99.20Reduced slaughter has boosted the hogs and porkNothing new on Hog virus or Chinese purchase rumorsGrain and soybeansDec corn closes below $5.40 support on a neutral S/D reportYield ideas cut by 1.5 bpa, but production estimate unchanged, with no survey until AugustNov beans sold off 13 cents to close in range at $13.16Soybean subjective crop guess was as expectedFinal acreage of corn and soybeans on 6-28Wheat not a variance with expectations, but July dropped 14 cents to $6.82 just above supportBlack sea wheat is seen up 18%Global wheat is ampleS/D reports this time of the year are just, Ball Park guessesSevere storms are moving toward Chicago, but next week look pretty good for soybean plantingAussie wheat estimate raised 500,000 tons to 25.4 MT or 15% greater than a year ago1:05 updateDec corn falls below $5.40, so watch the close the S/D update was unchanged regarding production despite a 1.5 bpa cut in yieldNov beans over 20 lower but in range of $12.80-13.30 with the S/D staticJuly wheat down 15 centsBlack seas wheat production seen up 18%Market action, even in these speculatively polluted times is the best measureJuly hogs reached $100.07 but the fell back to $99.10 unchangedCattle just moseying aroundDow off 58, S&P down 6 and NASDAQ 20 lower11:03 updateStocks flat lineJapan says that GMO PNW wheat questions will not have long term impactJuly wheat last $6.90 off 7 centsCorn and soybean pancakeJuly hogs quietly up $.47 at $99.60 Home Market Market Watch Seed Consultants 6/12/2013 Market Watch with Gary Wilhelmi FinancialPre open Dow up 77 is a rebound from 116 point lossGerman bank warns about Chinese YuanEuropean and Asian market mixedInterest rates persist in their rise now at 2.21% on the 10 year up from 1.71% a few weeks agoWTI up $.21 at $95.59Gold steady at $1376Dollar tame up 9 after a 58 point jump TuesdayIt’s a mad-mad world in monetary policy and just plain confused in fiscal strategyLivestockCash cattle are offered at $125 up from a $122 trade last weekBoxed beef off $.19 and up $.72 selectFeatures for Father’s Day: 5# of 73% ground beef for $1.88, choice T-bone $6.98, spare ribs $2.49 and legs and thighs $1.29Pork cutout $1.38 with loins up $ 85, hams $1.06 and bellies down $1.66Slaughter on par cattle at 125,000 and still light in hogs at 402,000July hog resistance $100-101Grain and soybeansS/D update at 11 AM CDT will likely be just fine tuning13/14 wheat carry over 640 m, corn 1.795 b and soybeans at 268 mThis compares with 12/13 at 733 m wheat, 759 m corn and 121 m beansNov beans closed at $13.29 with resistance from 13.30- 13.50Corn and wheat in mid range6-28 acreage report is a final summaryArgentine framers to suspend cash grain sales from Sunday –Wednesday in opposition to government policySevere storms to traverse the Midwest today and the several warm and dry to follow and this will drive soybean plantings toward their conclusion, now at 71%Any corn or soybean switches or replants are usually not major market movers Facebook Twittercenter_img SHARE Facebook Twitter By Hoosier Ag Today – Jun 12, 2013 Previous articleDuPont Pioneer Agronomy Update with Dan EmmertNext articlePromising Signs for Farm Bill in House Hoosier Ag Todaylast_img read more

Cardno: Andrew Costen Appointed Senior Principal

first_imgCardno, a Brisbane-based infrastructure, environmental and social development company, has just appointed Andrew Costen as their new Senior Principal.Newly appointed expert has 23 years’ experience providing tailored sustainable solutions to complex challenges in coastal and marine environments.He’s worked in various specialist sciences and engineering consultancies, and government environmental management agencies.Andrew specializes in coordinating the development of environmental impact assessments; facilitating approvals for marine and coastal infrastructure proposals, and site and option selection studies using multi-criteria assessment tools.His expertise extends to designing and implementing field surveys to monitor and assess benthic habitats; capturing and analyzing water and sediment quality, and developing fit-for-purpose dredged material management assessment and management plans.Andrew has also co-authored a number of dredged related international guidance documents.As Senior Principal, Andrew will lead a number of strategic initiatives that will further enhance Cardno’s Asia Pacific marine environmental service offering.last_img read more

The Latest: Tennis players ranked outside top 500 get grants

first_imgLiverpool could clinch the trophy by beating Everton if Manchester City loses to Arsenal on June 17.Liverpool Deputy Mayor Wendy Simon says “we are confident the measures in place will allow the matches to be held behind closed doors without any detrimental impact to all concerned and recommend to the city council that the safety certificates for both grounds be amended to allow this to happen.”___English soccer club Stoke says manager Michael O’Neill has tested positive for COVID-19.The second-division club says the 50-year-old O’Neill had tested negative in five previous rounds of testing but the positive result came from a test administered on Monday. Associated Press ___Everton will be allowed to host city rival Liverpool at Goodison Park instead of playing at a neutral venue when the rivals meet on June 21.Police had initially believed the Merseyside derby could not be staged in Liverpool because of fears that fans would congregate outside.Premier League games will take place without fans for the rest of the season because of the coronavirus pandemic.The Ground Safety Advisory Group in Liverpool says Anfield and Goodison Park can now be used for Liverpool and Everton matches. June 10, 2020 Petra Kvitova will play at a tennis exhibition event next month in Berlin and Tommy Haas will come out of retirement to join in.Organizers added the two-time Wimbledon champion to play against a women’s lineup of Elina Svitolina, Kiki Bertens, Julia Goerges and Andrea Petkovic.Haas hasn’t played since 2017 and is tournament director of the Indian Wells event. He was added to a men’s tournament alongside Dominic Thiem, Alexander Zverev, Nick Kyrgios and Jannik Sinner.One more player is still to be announced for each of the men’s and women’s events.Organizers plan to play on grass from July 13-15 and then on hard courts from July 17-19. No fans are expected to be able to attend amid the coronavirus pandemic. The Southeastern Conference has scrapped its scheduled football media days in July and instead plans to hold its first virtual event. League officials announced the decision Wednesday. SEC media days had been scheduled to be held July 13-16 in Atlanta at the College Football Hall of Fame and Omni Atlanta Hotel.Commissioner Greg Sankey says the virtual format will allow the league to manage media days in a healthy manner during the coronavirus pandemic and give programs flexibility as they prepare for the upcoming season. Sankey says the SEC looks forward to returning to its traditional media days format in 2021, which had been scheduled for Nashville.The SEC did not announce dates for the new virtual media days. Sankey is expected to deliver his annual “State of the SEC” along with media sessions with all head coaches and select players.___center_img Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Tennis players ranked outside the top 500 in singles or outside the top 175 in doubles are eligible for grants worth up to $1,000 from the International Tennis Federation to help deal with the suspension of competition because of the coronavirus pandemic. The ITF announced Wednesday specifics of a total relief fund worth more than $2.5 million, including money for national associations and players.That has $350,000 earmarked for players ranked 501 to 700 in ATP or WTA singles, who receive $1,000 each, or 176 to 300 in doubles, who receive $750 each.More than 1,000 ITF events, including junior and wheelchair tennis, have been wiped out since March because of the COVID-19 outbreak.The ATP and WTA tours also have been suspended since March. Those tours teamed with the ITF and the four Grand Slam tournaments to set up a $6 million fund for certain players, including those ranked from 101 to 500 in singles.___ The Latest: Tennis players ranked outside top 500 get grants Stoke says O’Neill will “follow the relevant guidance and undergo a period of isolation.” Assistant manager Billy McKinlay will take charge of training.Stoke is scheduled to play Reading when the Championship resumes on June 20.The Premier League returns to action with two matches on June 17.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sportslast_img read more