Tag Archive: 南京夜网论坛

Jamaican footballers celebrate with Leicester City

first_imgWes Morgan just made history as the first Jamaican international to win the English Premier League football title as captain of winning team Leicester City. However, he isn’t the only person of Jamaican heritage to have played for the new English top-flight champions. A year before Morgan was born in 1984, Robert ‘Bob’ Hazell played for Leicester City while they were still in the English first division. Hazell was born in Kingston in 1959 and later migrated to the United Kingdom. He joined Leicester City in 1983 and played for the team for three years from 1983 to 1986. He helped the East Midlands club to a 15th-place finish in the 1984-85, season before being loaned out to Wolverhampton Wanderers for a short spell. During his period with Leicester, he made 41 appearances and scored two goals. Hazell never played for Jamaica, but he did represent the England Under-21 squad, playing one game in 1978. Frank Sinclair, who helped Jamaica qualify for the 1998 FIFA World Cup in France, also played for Leicester City. Sinclair played for dethroned English champions Chelsea from 1990-1998, playing for a season with West Bromwich Albion from 1991-1992 on loan and then moved to Leicester City from 1998 until 2004, making 164 appearances for the club and scoring three goals in his time there. Most recently, Jermaine Beckford, who joined the Reggae Boyz set-up in early 2013, played for Leicester between 2011 and 2013. Beckford made 43 appearances for the Foxes, scoring nine goals in total.last_img read more

Pelicans head to NBA playoffs after turning back Clippers

first_imgSindarius Thornwell scored 20 points off the bench, DeAndre Jordan had 15 rebounds and Montrezl Harrell added 15 points for the Clippers, who have lost three in a row while being eliminated from playoff contention.The Pelicans shot 51 percent from the field and 56 percent from 3-point range in the first half. The Clippers fought back from an 11-point deficit to lead 47-45 before New Orleans closed on a 13-2 run to lead 59-49 at the break.The Pelicans were just getting rolling.Their scoring binge continued into the third, and when it was over — a 33-6 spurt over both halves — they led 79-53. Davis had nine points, Mirotic eight and E’Twaun Moore seven.“Anthony has taken this team and put it on his back,” Pelicans coach Alvin Gentry said. “If we could have had a better record his name would definitely be in the MVP conversation.”ADVERTISEMENT Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES New Orleans Pelicans forward Anthony Davis, left, shoots as Los Angeles Clippers center DeAndre Jordan defends during the first half of an NBA basketball game Monday, April 9, 2018, in Los Angeles. (AP Photo/Mark J. Terrill)LOS ANGELES — Having clinched a playoff berth, Anthony Davis and the New Orleans Pelicans are looking ahead.They are one of five teams in the mix for the No. 4 seed in the wild West, and a win against the Spurs in their regular season finale would give the Pelicans home-court advantage.ADVERTISEMENT Gay, Ginobili pace Spurs over Kings to clinch playoff berth Clippers: They host the Lakers on Wednesday in both teams’ season finale.Sports Related Videospowered by AdSparcRead Next P16.5-M worth of aid provided for Taal Volcano eruption victims — NDRRMC Davis stirred the crowd with an off the glass pass from Rajon Rondo that resulted in a one-handed alley-oop dunk in the run.“That was exciting,” teammate Jrue Holiday said. “I’d rather him do that in the playoffs than now.”Thornwell got a roar for a jam over DeAndre Liggins in the game’s final minutes.TIP-INSPelicans: They improved to 26-25 vs the West. … They won the season series 3-1. … New Orleans hasn’t made it past the first round of the playoffs since 2007-08.Clippers: C Boban Marjanovic scored 10 of his 12 points in the fourth. … Starting guards Austin Rivers (right elbow soreness) and Lou Williams (sprained right ankle) sat out, but are likely to return for Wednesday’s season finale.THE BEARDLESS ONESince shaving his beard last week, Mirotic has played like a new man. He came in averaging 28 points and shooting 56 percent from the field, compared to 14.6 points and 28 percent shooting with the beard he’d had since 2013. “You look like you’re 18 now, so you’re getting some calls,” Gentry told Mirotic.SIGNED, SEALED, DELIVEREDRookie C.J. Williams was signed to a multi-year contract after being a two-way player this season. The 28-year-old guard has appeared in 37 games for the Clippers — he started Monday — and 16 games for their NBA G League affiliate in Ontario. The North Carolina State graduate played in France, Greece and Italy and the G League before signing with the Clippers last fall. “I actually cried for about an hour,” said Williams, who surprised his visiting parents with the news. “You think of all the things you’ve done to get to this point.” Coach Doc Rivers said Williams is “a great, great person to have in your locker room. He came in and proved he’s an NBA player.”HE SAID IT“The MVP is (James) Harden. I’m going to announce it tonight.” — Rivers.UP NEXTPelicans: They host San Antonio to end the regular season on Wednesday. Scientists seek rare species survivors amid Australia flames Nadine Lustre’s phone stolen in Brazilcenter_img “We know we’re not done,” Davis said after scoring 28 points in a 113-100 win over the Los Angeles Clippers on Monday night. “It wasn’t just our goal to get here, but to make some noise.”Nikola Mirotic had 24 points and 16 rebounds in the Pelicans’ fourth straight victory. They’ll be making just their second playoff appearance in seven years, having earned it without big man DeMarcus Cousins, who sustained a season-ending Achilles injury on Jan. 28.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownThe Pelicans proceeded to lose four of five before winning 10 in a row.“When he went down, everybody on the team just picked it up,” Davis said. Jo Koy draws ire for cutting through Cebu City traffic with ‘wang-wang’ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Truck driver killed in Davao del Sur road accident MOST READ View comments Don’t miss out on the latest news and information. Jiro Manio arrested for stabbing man in Marikina Green group flags ‘overkill’ use of plastic banderitas in Manila Sto. Niño feastlast_img read more

Am I Guyanese?

first_imgDear Editor,There are 750,000+ of us in the diaspora who are proud to call ourselves Guyanese; cherish the unique shared formative experiences that make us so individual in the world; have supported the country and relatives back home for decades, and flock back “Home” whenever we can. Now the word diaspora is being heard with negative connotations, suspicion and even disdain. Some have found it necessary to vow to give up their second citizenship. And there has been a call by one legal luminary to clean up the house.Guyana does have a somewhat obscure and fuzzy law dating back to 1980 in its books, which states that any Guyanese who acquires citizenship from another country may be deprived of his/her Guyanese citizenship by the President. But not only were most Guyanese unaware of this arcane law, it played no part in their life. Nor did it seem to play any part in the thinking of the current Government itself before the no-confidence passage. For example, it is reported that very senior members of the Government: State Minister Joseph Harmon, Public Service Minister Dr Rupert Roopnaraine and Foreign Affairs Minister Carl Greenidge, all have foreign citizenships, which if the stipulation was acted upon, would relegate them non-Guyanese status and in violation of the Constitution. Altogether, at least a dozen Members of Parliament, are reported to have foreign citizenships and would therefore also be ineligible to serve in Parliament. The list of non-Guyanese could also reportedly extend to the daughters of the President and the Prime Minister.But benign application of the statute has been the practice for 40 years by successive Administrations. I know of no friend or acquaintance who has been denied Guyanese status because they were also a citizen of another country. Moreover, successive Governments have courted the diaspora for investment capital and for contributions they could make to the country’s development. They have held outreaches and conferences and partnered with the UN International Organisation for Migration (IOM) to compile a skills inventory in the diaspora and to promote the return of Guyanese-born residents of countries such as Canada, the United Kingdom, Belgium and the Netherlands.Now the diaspora would become “collateral damage” to one of the two arguments in an action promoted by the Attorney General in an attempt to invalidate the no-confidence passage. That argument challenges Charrandas Persaud’s eligibility because of his Canadian citizenship (but not that of the other MPs with additional citizenships). This challenge was brought despite the issues outlined above and despite the fact that paragraph 173 (2) of Guyana’s Constitution clearly states:“…the presence or participation of any person not entitled to be present [Charrandas & some 12 other MPs who have additional citizenships] at or to participate in the proceedings of the Assembly shall not invalidate those proceedings.”And it was brought despite the doctrine of Unclean-Hands which bars plaintiffs from invoking their own misconduct to challenge an outcome from their own misconduct. The point being that Charrandas Persaud was a Government selected and appointed member, and if he was ineligible it was done at the Government’s hands.(The other argument is that 33 does not constitute a majority out of 65)Even if these two arguments fail for obvious reasons – as they should, Charrandas Persaud’s status as a Guyanese has been challenged, and this has huge implications for those of us in the 750,000 strong diaspora who have other citizenships. As I understand it, the Government is not just looking for a ruling on a forward basis. They are looking to retroactively invalidate his past action. By this line of reasoning things that many of us did as a Guyanese in the past are null and void, including athletes who proudly competed for the country, famous personalities we like to call our own, and just plain Guyanese around the world who have been sending back remittances (equivalent to 40 per cent of the country’s GDP) to family for decades.For years I have been telling people from all over the world that I am Guyanese, and in a small way representing the country as having a great education system, wonderful rivers, pristine rainforests, hospitable people, eclectic cuisine, multi-racial melting pot, birthplace of legendary legal luminaries, Shakira Baksh, E R Braithwaite, Eddie Grant, Rohan Khanai, Sir James Douglas (credited with keeping Canada from sea to sea) and so much more. But according to the challenge who would we still count as Guyanese?And What about retirees returning to Guyana, are they to renounce their citizenships and give up their pensions?In August, before this issue arose, eight overseas born “Guyanese by descent” represented Guyana in the 2018 Concacaf Girls’ Under-15 Soccer Championship in Florida. These players were all granted Guyanese citizenship to represent the country. The only foundation documents required from their parents by Guyanese authorities were their Guyanese birth certificates or passports. There were no questions about their Canadian citizenship. At one point, the entire Lady Jaguars soccer team came from Canada and the USA, where their parents were considered dual citizens.And in 2014/2015 I spent 7 months volunteering in Guyana on an international programme that allows diaspora members to use the base of commonality in their heritage countries’ culture to more effectively transfer skills and professional experience gained abroad to local communities and organisations. The programme’s efforts were directed at assisting social and economic development. As part of the programme, I raised funds from personal donors for the sponsoring organisation’s “pay forward” funding. And this was matched on a 9 to 1 basis by the Canadian Government. It was a rewarding experience all around.Guyana Help The Kids (GHTK) is a registered Canadian charity founded by Guyanese born Dr Narendra Singh with the goal of decreasing the neonatal and infant mortality. They do amazing work at the Georgetown Public Hospital.Burn Care Unit, the only burn and wound care centre in Guyana, was founded by Pamela and Harry Harakh and supported by thousands of Guyanese in Canada. The Doobay Dialysis Centre, located at Annandale, East Coast Demerara, the only low cost dialysis centre in Guyana, was founded by Dr Budhendra Doobay. The list of Canadian charities doing exceptional work in Guyana is long and has one thing in common – Most were founded by and mostly supported by Guyanese with dual citizenship.These are just anecdotes that quickly come to mind, multiply this by the size of the diaspora. Now for political expediency Guyanese with other citizenships stand to be set apart. This could have an irreversible impact on Diaspora relations.In contrast, the following Caricom countries have dual citizenship and some even solicit and promote it: Antigua & Barbuda, Barbados, Dominica, Grenada, Jamaica, St Kitts & Nevis, St Lucia, Trinidad & Tobago.And on the South American continent, The Union of South American Nations (UNASAR) which is modelled after the European Union, is discussing a proposed common citizenship for members which include: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Suriname, Peru, Uruguay, and Venezuela.Clearly there is a disconnect here. Because of narrow political grasping, some are pushing an agenda that implies stripping hundreds of thousands of Guyanese of their birthright by attempting to selectively manipulate a statute which has long been ignored and is ripe to be expunged.Our major Caricom partners allow dual citizenship. We don’t. We have less in common, at least culturally with UNASAR countries but are in the talks on common citizenship. And to cap it all, we don’t reciprocate dual citizenship with close allies, benefactors and trading partners: America, Britain and Canada.Sincerely,Ron Cheong andDanny Doobaylast_img read more

Softball Sweeps SIU To Improve To 9-0 In MVC Play

first_imgStory Links Photo Gallery Live Stats Iowa State 4/5/2016 – 5:00 PM Preview Full Schedule Roster Next Game: Watch Live DES MOINES, Iowa – The Drake University softball team swept Southern Illinois in a Sunday doubleheader at Ron Buel Field. Drake won game one by a score of 4-0 before holding off SIU, 5-3, in the second game as the Bulldogs improved to 19-11 and 9-0 in the Missouri Valley Conference with their third-straight MVC sweep. Drake received outstanding pitching from sophomore Nicole Newman (Madison, Wis.) and senior Mariah McKinnon (Oxford, Iowa) on Sunday. Newman started the first game and then closed out the second game for her first save of the season. McKinnon pitched 5.2 innings in game two and allowed just one run on six hits while striking out four and walking three. She earned the win to improve to 5-5 on the season. In the first game, Newman was dominant in the circle with her second-straight complete game. She allowed just one hit while striking out 13 and working around five walks and two hit by pitches. With the win, Newman improved to 14-5 overall in the circle. Drake benefited from an SIU (20-11, 5-3 MVC) miscue in the first inning for its first run of the game. Freshman Taryn Pena (Columbia, Ill.) hit a ball to centerfielder Mary Ann Patterson, who lost in the ball in the sun as leadoff hitter Kelsey Wright (Olathe, Kan.) came all the way around from first base to make the score 1-0. Later in the fourth inning, Pena added to Drake’s lead with a bases load walk to bring in one run and the next batter, Kailee Smith (Murrieta, Calif.) sent a bouncer up the middle between the shortstop and second baseman to push the Bulldogs’ lead to 4-0. Freshman Kennedy Frank (Chesterfield, Mo.), Pena and Smith paced the offense with two hits each. Pena and Smith each drove in two runs while Wright scored a pair of runs. In the second game, Drake scored four runs in the second inning with all the runs coming with two outs. Freshman Gabbie Jonas’ (Omaha, Neb.) groundout moved sophomore Tasha Alexander (Eddyville, Iowa) and junior Kaitlyn Finneran (Morrison, Ill.) into scoring position at second and third base. Finneran reached on a walk and Alexander was hit by a pitch. With the runners in scoring position, Wright ripped the first of three-consecutive run-scoring singles. Frank then followed with her own and junior Megan Sowa (Gurnee, Ill.) had the final RBI hit as Drake led 4-0 after two. In fifth inning, junior Ashlie Chambers (Ankeny, Iowa) added to the Bulldogs’ lead with a nice piece of hitting as she punched a single into the outfield to bring in Pena. SIU managed to score one run in the third off McKinnon before getting two off Newman in the seventh. Newman was able to bounce with a game-ending strikeout as the Salukis stranded a pair of runners to end the game. Newman allowed four hits and two runs (one earned) in 1.1 innings with three strikeouts to pick up the save. In the second game, Wright led the offense with three hits and two RBI while five other Bulldogs had at least one hit. Drake returns to Buel Field on Tuesday to host in-state foe Iowa State at 5 p.m.Print Friendly Versionlast_img read more

Sudafrikanische Reiseerlebnisse

first_imgSudafrika verspricht seinen Besuchern die Erfahrung ihres Lebens. Das Land zieht Reisende aus allen Ecken der Welt an mit seinen gastfreundlichen Menschen, herrlichem Wetter, spektakularer Landschaft, reicher Kultur, Natur und Wildtiere, sowie Hotels und Restaurants von Weltklasse.Die Tiere alleine sind Grund genug fur einen Besuch. Eines der ersten Wildtiernaturschutzgebieten der Welt war Sudafrika’s Kruger Park, der uber ein Jahrhundert alt ist. Heutzutage ist es nur Teil einer breiten Naturschutzzone, die sich uber private und offentliche Wildparks und uber Landesgrenzen hinaus in die benachbarten Lander Mozambik und Zimbabwe erstreckt.Eine Autostunde entfernt von Asphaltdschungeln wie Pretoria und Johannesburg konnen Sie Lowen, Elefanten, Buffel und hunderte weiterer Arten in ihrer naturlichen Umgebung beobachten. Vogelliebhaber finden hier eine unschlagbare Kombination aus Artenvielfalt und kundenfreundlichem Vogeltourismus.Es gibt aber auch andere Grunde fur einen Urlaub: Wie beispielsweise goldene Strande, einige der weltbesten Surfgebiete, spektakulare Landschaften von Bergen bis Wusten, Ökosysteme, die nirgends sonst auf der Welt zu finden sind, eine Moglichkeit, die afrikanische Kultur aus erster Hand zu erleben – und eines der preiswertesten Urlaubsziele, das Sie finden konnen.Erforschen Sie die ganze Welt in einem Land!Kulturelle ErfahrungenBei Touren durch die Gemeinden erleben Sie das echte Sudafrika. Kulturerbestatten wie Apartheid Museum und Robben Island bieten Ihnen einen Einblick in die gewalttatige Vergangenheit Sudafrika’s – und in das Wunder unserer Versohnung. Und vergessen Sie nicht, wo alles begann: Die Wiege der Menschheit. WeiterlesenErfahren Sie Natur und WildnisNichts ist mit dem afrikanischen Busch vergleichbar, und es gibt keinen besseren Ort auf der Welt fur Großwild. Neben seinen bekannten Nationalparks bietet Sudafrika eine Fulle an privaten Schutzgebieten, alle ausgezeichnet fur die Wild- und Vogelbeobachtung geeignet. Und das alles gegen einen Hintergrund von unvergleichnichem botanischen Reichtum. WeiterlesenSonne, Brandung und Wale beobachtenVon den wilden sandigen Westkuste zu den subtropischen Ufern von Maputaland gibt es einen Strand fur jeden Anlass. Beobachten Sie den Sonnenaufgang uber dem Atlantik oder dem Indischen Ozean, arbeiten Sie an der perfekten Sonnenbraune, oder werden Sie aktiv – Sudafrika hat einige der besten Surf-, Windsurfing- und Tauchangebote der Welt. Und dann sind da noch die Wale … WeiterlesenAbenteuerlandSudafrika verfugt uber 3.000 km Kustenlinie mit atemberaubenden Bergen – oft Seite and Seite. Die unterschiedlichen Terrains des Landes in Verbindung mit einem idealen Klima fur Aktivitaten im Freien, machen es zu einem reichen Jadggrund fur Adrenalinjunkies. WeiterlesenGolfer ParadiesFur Golfenthusiasten ist Sudafrika eine wunderbares Reiseziel – und dass ist noch untertrieben. Das Land bietet das ideale Klima, um draussen auf dem Fairway unter der strahlenden afrikanischen Sonne unterwegs zu sein, und ist mit einem großzugigen Angebot an Golfplatzen gesegnet. WeiterlesenKunst und KunsthandwerkVon Arbeiten auf dem Straßenpflaster und in den Markten der Großstadte bis in die Tiefen landlicher Enklaven, Sudafrikaner passen sich jedem Medium an und stellen eine beachtliche Bandbreite an Kunsthandwerk her. WeiterlesenWelterbestattenWußten Sie dass der Tafelberg mehr Pflanzenarten als die Britischen Inseln aufweist? Oder dass der Drakensberg gleichzeitig die hochste Bergkette in Afrika sudlich des Kilimanjaro hat sowie die reichhaltigste Ansammlung von Felsenkunst des Kontinents? Sudafrika ist Heimat von acht Unesco Welterbestatten, Orte von “außerordentlichem Wert fur die Menscheit”. WeiterlesenSAinfo reporter, mit Material von South African Tourismlast_img read more

Dairy price outlook

first_imgShare Facebook Twitter Google + LinkedIn Pinterest What is ahead for the markets?How much safety in the Margin Protection Program (MPP) safety net?MPP margin forecast for 2015-2016As I write this, the market focus in squarely on the international markets.  Right at this moment, the turmoil in the U.S. equity market driven by concerns over the economic prospects for China is paramount.  Economic growth rate for China has slowed from double digits to around 7%.  While the rest of the developed countries would love a 7% growth rate, this is a much reduced level for China which needs a rate of economic growth in the range of 10 to 12% to manage its huge economy.  The equity market in China has declined by 35%.  Troubles with the China economy are certainly causing troubles for the rest of the world economies and only time will tell how this will all play out for the rest of us.To the U.S. dairy industry, China’s economic impact on world markets is well understood.  Just a year ago, we all were jubilant as aggressive commodity buying by China in world dairy markets, particularly for whole and skim milk powders, was driving milk prices to record levels.   In the U.S., dairy production was a bit slow to take off, but as usual, it did expand, reaching full potential just as the international market made a sudden shift.  First, Russia, as a retaliatory political move, imposed a near 100% ban on imports of key dairy products from the European Union countries, Oceana, and the U.S.   Unable to sell cheese and butter to Russia, the European Union and Oceana moved aggressively into the milk powder market.  This was the dropping of shoe number one.The other shoe dropped when China began to pull back dramatically on import purchases in the milk powder markets.  After importing a vast inventory of whole and skim milk powder in 2013 and 2014, China buying slowed considerably.  With a glut of milk on the market, dairy product prices had nowhere to go but down, and down, and down.  After peaking in the first quarter of 2014, nonfat and skim milk powders, whey, cheese, and butter prices on the international markets have fallen to levels not reached since 2009 to 2010.  So how have U.S. dairy product prices faired during this period? First off, nonfat and skim milk, and whey prices have followed international prices right on down.  After peaking near $2.10/lb in the first quarter of 2014, nonfat and skim prices have fallen to $0.80/lb.  Whey price hit its high at the end of the second quarter of 2014 near $0.70/lb and has declined to near $0.35/lb.However, two key U.S. dairy commodity prices are showing signs of domestic strength driven by a strong U.S. retail economy and the assistance of the Cooperatives Working Together (CWT) export assistance program.  The CWT program has provided export assistance for an equivalent 1.294 billion pounds of milk in the form of cheese (45.3 billion lb, butter 28 billion lb, and whole milk powder 33.4 billion lb).  As a result the U.S. cheese price, while trending down with world markets, appears to have found a floor near the $1.70/lb.  The U.S. butter price appears to be a market disconnected from the international scene.  While butter prices in Europe and Oceana have tumbled to the $1.10 to $1.30/lb range, the U.S. butter price has gone up from its recent 2015 low of $1.50/lb to the level of $1.90/lb now.So how does all of this translate into farm level prices in the U.S. versus the EU and Oceana?  In the August 2015 podcast  by dairy economists Mark Stephenson and Bob Cropp, they show a slide depicting equivalent farm level prices (go to this site to listen to the podcast: http://dairymarkets.org/PubPod/Podcast/Outlook/).  The current U.S. milk price, at $18.38/cwt compares to an EU price of $13.61/cwt and a Oceana (NZ) price of $10.61/cwt.  Clearly, the economic impact is being felt much more strongly by dairy farmers in the EU and Oceana.  How quickly the excess supply adjusts to the relative level of demand will depend for the most part on rapid the adjustment in milk production coming from the EU and Oceana rather than the U.S.  From my reading of the international news, their economic pain is significant and the draw back could be rather swift.  Some good news is that latest Global Dairy Trade Index, a composite price index of the eight traded dairy commodities, trading on September 1, is up 10.1% and this follows a 15% increase from the August 18th trading event.  Perhaps a bottom to the international market has arrived.The value of the U.S. dollar remains historically high.  This makes it much more difficult for export products from the U.S. to be price competitive in international markets.  The current turmoil across the international economic landscape will only serve to add strength to the U.S. dollar in coming months.  The strong U.S. dollar also has a positive side in that it limits international demand for U.S. grain exports and helps keep the prices of feed lower.  Prices in the key grain and feed commodity markets are at five year lows.  Cash corn remains below $4/bu, with the futures market forecasting this level well into 2016. Soybeans are under $10/bu and soybean meal, while strengthening a bit, remains under $375/ton.  Alfalfa hay is under $180/ton.A natural question to ask is: “How long will the down turn in market prices last and when will prices reach bottom and turn upward? “ I do not know.  A couple of dairy economists who have put their collective efforts to understanding the milk price cycle have an informative paper on the topic available on the Dairy Markets and Policy website.  To read the information paper, go to Stephenson and Nicholson at: http://dairy.wisc.edu/PubPod/Pubs/IL15-03.pdf. As their conclusion, these two dairy economists state “Forecasts for the margins during the current cycle through 2017 vary  from  quite  optimistic–‐–‐a  short  cycle  with  a  limited  number  of  months  with  an  MPP  margin  below  $8.00/cwt  (the  statistical  forecast) — to  a  cycle  close  to  the  average  length  of  40  months,  with  a  prolonged  period  of  where  the  MPP  margin  is  below  $8.00/cwt  (the  simulation  model).  Futures  market  forecasts  are  similar  to  the  statistical  forecasts  through  early  next  year,  then  shows  more  moderated  increases.”  This puts the bottom of the price cycle sometime between January 2016 (statistical and futures market models) and January 2017 (dynamic simulation model).Using the current (6/02/2015) futures market price data on milk and feed input prices, the USDA Farm Services Agency (FSA) Decision tool for MPP (http://dairymarkets.org/MPP/Tool/)  shows an anticipated July-August margin of $7.71/cwt.  Anticipated margins for the remaining two calculation periods are: September – October ($8.67/cwt) and November – December ($8.88/cwt).  Looking out into 2016, the USDA/FSA tool shows anticipated margins staying above $8/cwt for the first half of 2016 and then increasing to the upper $9.00/cwt level in the last quarter of 2016.  With the 2016 sign up period for MPP ending on September 30, 2015, now is the time to pay close attention to the market forecasts.  Use the Decision Tool to work out your best option if you intend to purchase up from the $4/cwt level.  Remember, the MPP is not a price or margin risk management program, rather it is a catastrophic loss safety-net program, operating much like a way out-of-the-money PUT option with premiums that do not adjust to market conditions.  As a national program, there is neither consideration for management style, scale of dairy, nor geographic location.  While the national average price for milk has fallen from the peak, so have feed prices, and by the logic of MPP, this does not qualify as a ‘catastrophic loss event’.  If you are looking to manage price risk volatility, you should look to the Livestock Gross Margin-(LGM) Dairy program and the futures and options markets.  If you have already signed-on to the MPP, then LGM-Dairy is off the table and then the futures and options markets remain as a viable price risk management tool that can be used along with MPP.So what is the ‘glass half full’ take on all of this?  If the U.S. economy can shake off the China troubles, gasoline prices fall as forecasted to the $2/gal mark, and U.S. retail demand remains strong for cheese and butter, then the U.S. milk price will remain substantially above that of our competitors out in the international markets.  Significant production pull back will come not from the U.S. but from the EU and Oceana.  And the ‘glass is half empty’ view?  We become infected by the China contagion, the U.S. equity market turns to a bearish market, and retail demand weakens as U.S. consumers pull back.  Cheese and butter prices move down by $0.50/lb or more, and with these, the farm price for milk declines by another $2/cwt.For up-to-date market and policy information on the Ohio dairy industry, as well as informative charts, research papers on many industry issues, and for useful links to other sites, please visit and bookmark the Dairy Markets and Policy website: http://dairymarkets.org/ to which I contribute.last_img read more

Thousands bid adieu to senior Congressman Patangrao Kadam

first_imgMourners at Congress leader Patangrao Kadam’s funeral in Pune on March 10, 2018.  | Photo Credit: PTI  Senior Congress leaders recalled his meteoric rise in politics and his commitment to education. In his condolence message, Nationalist Congress Party chief Sharad Pawar said that Dr. Kadam’s efforts had resulted today in overseeing the education of more than 4 lakh students across the State. Dr. Kadam, born in Sangli’s Sonsal village, had extremely humble beginnings, working as a part-time teacher in a secondary school in Pune.The casket bearing Dr. Kadam’s body departed for Sangli in the afternoon in a private helicopter, accompanied by his son and Maharashtra Youth Congress president Vishwajeet Kadam, his brother Shivajirao and his son-in-law Rajendra Jagtap.The district witnessed a large number of mourners from villages around Kadegaon who thronged the premises of the Sonhira Cooperative Sugar Factory at Wangi for his final journey.Most shops and establishments in Kadegaon and Palus tehsils downed their shutters as a mark of respect. Several emotive messages circulated on social media, while a string of bill boards, mourning Dr. Kadam’s death and listing his achievements, were put up across Sangli.The Congressman was cremated with full state honours. A sea of mourners bid adieu to senior Congress leader and former Maharashtra Minister Patangrao Kadam at Kadegaon Tehsil in western Maharashtra’s Sangli district on March 10.Earlier in the day, Dr. Kadam’s body was kept at ‘Sinhagad’, his Pune bungalow, where large crowds paid their final respects to the deceased leader.Former President Pratibha Patil, Pune’s BJP MP Anil Shirole and Congress leader Praniti Shinde were among those who paid their last respects.  At 10 a.m., Dr. Kadam’s funeral cortège moved through the city’s roads amid a robust security shield, reaching the premises of the Bharati Vidyapeeth University, which had been the Congressman’s labour of love and which he helped found with the objective of helping rural students get a decent education.Several recalled his capabilities not only as a politician but as an educationist as well, while students from Maharashtra’s rural hinterland remembered Dr. Kadam, who enabled them to secure a university education. Former President Pratibha Patil arrives to pay her last respects to senior Congress leader Patangrao Kadam at the latter’s residence in Pune on March 10, 2018.  | Photo Credit: PTI last_img read more