Corn Stocks Could be Big Market Mover on USDA Report Day

first_img SHARE Home Indiana Agriculture News Corn Stocks Could be Big Market Mover on USDA Report Day March report previewWith the end of March come two highly anticipated reports from USDA, the quarterly stocks update and the annual Planting Intentions report. Both reports are released at noon Eastern time Thursday and the average guesses from analysts is for planted acreage to be 89.97 million acres of corn and 83.06 million acres of soybeans. Both figures would be higher than what was planted in 2015.It is the stocks report that could be a market mover though, according to INTL FCStone Chief Commodities Economist Arlan Suderman.“That’s where USDA has the biggest tendency to have big surprises that are market moving with little logic as to which direction they’d be, so therefore not really anticipated and catching traders off guard. Corn stocks would be the number one place we would look for a potential surprise. We’ve seen corn trade the daily limit, up or down, in 3 of the last 5 years following the end of March report.”So the corn stocks number is what traders will be watching closest.“In the end I think that’s bigger than the acreage report,” Suderman told HAT, “although the acreage report could either add to the bullishness or bearishness of the stocks report, or take away from it. But stocks are the big one right now.”Suderman says most soybean usage is known since there isn’t a feed usage category as you’ll find in corn, and that’s where large swings can occur. So a soybean surprise isn’t as likely although, “there can be surprises there if stocks differ by more than about 30 or 40 million bushels, and that would suggest maybe USDA has either over or underestimated the size of the crop.”Mike Silver at Kokomo Grain told HAT anecdotal evidence from crop insurance sales data has Indiana farmers planting more soybean acres this year, but he also expects to see an increase in planted corn acres.“I think that is due partly to less wheat that was sowed last fall,” he said. “So I think we will see here in Indiana probably an increase in corn acres and an abnormally larger percentage shift towards soybeans from the normal 50/50 corn/soybean rotations here in Indiana.”Silver will provide analysis of the reports for HAT at the conclusion of trade Thursday. Corn Stocks Could be Big Market Mover on USDA Report Day Facebook Twitter SHARE By Andy Eubank – Mar 30, 2016 Facebook Twitter Previous articleApril Showers Will Keep Planting on HoldNext articleMorning Outlook Andy Eubanklast_img read more

Weekend Picks: YogiBoardHHI debuts March 22 to set world SUP Yoga record on Hilton Head Island

first_imgYogiBoardHHI – March 22, 2014 – Hilton Head Island, SCThe Westin Hilton Head Island Resort & Spa, Outside Hilton Head, and BIC Stand Up Paddleboards are partnering together to set the world’s record for the largest in-water yoga class on a stand up paddleboard.An internationally recognized, world-record keeping company will be verifying the event.“SUP Yoga is the poised, direct descendant from the beginner-friendly sport of stand-up paddle boarding,” said Amber Shadwick, SUP Yoga Instructor with Outside Hilton Head and a BIC SUP Ambassador. “It captivates focus, balance, connection, freedom, and a feeling of a rejuvenating inner youth on the water. It’s the perfect sport and exercise combination for all levels of enthusiasts. SUP Yoga revitalizes by assisting with improvements in core strength, balance, mindful movement and functionality.”According to Gail Wargo, Director of Sales and Marketing for The Westin, “YogiBoardHHI will be such a fun event with opportunities for all levels of enthusiasts to participate. We want to invite the community and Island visitors to come out and try standup paddleboarding and SUP yoga and help the Island set a world record. Even if someone has never tried it before, there will be plenty of experienced instructors on-hand to demonstrate how to do SUP and yoga on the board and you can wear a life jacket if desired.”“The timing of the class has been scheduled where the tide at Shelter Cove Marina will be perfect, and the water there is very shallow and should be very calm, facilitating easy to learn SUP for beginners. The Westin Hilton Head Island Resort & Spa partnered with Outside Hilton Head on-site last year with rental equipment, beach yoga classes and guided, kayaking and boating tours,” Wargo said.YogiBoardHHI Event Details:Date: Saturday, March 22, 2014Location: The Outside Hilton Head Outpost at Shelter Cove MarinaSchedule of events:10-11:30 a.m. Intro to SUP11:30 a.m.-1:30 p.m. Check-in and Late On-Site Registration (limited board rental availability)2:00 p.m. Participant Meeting2:15-3:15 p.m. “YogiBoardHHI” World record-setting SUP yoga class. Celebration on wharf to follow class, with great raffle prizes available!Costs:                         Intro to SUP session Special rate for YogiBoardHHI participants: $15Board rental for YogiBoardHHI class: $15YogiBoardHHI class admission fee: $5Proceeds from the event will benefit The Outside Foundation, a 501-c (3) non-profit organization benefiting outside programs, with the mission dedicated to getting kids outside and protecting our local environment.For registration and information visit www.outsidehiltonhead.com and follow the registration link to YogiBoardHHI.Shadwick_7J3A2162The Westin Hilton Head Island Resort & Spa will have several great weekend packages available for participants and guests including:$125 per night plus resort fee and taxes and no minimum length of stay.10% off services at The Heavenly SpaFree shuttle to and from the Outside Outpost at Shelter Cove Marina from The WestinFree one-hour yoga session on Sunday Mar 23, 2014 at 9 a.m., beachside at The WestinHilton Head Island Resort & Spa–Mention YogiBoardHHI promotional code when making a reservation, call (843) 681-4000 or visit their website. Located within Port Royal Plantation, The Westin Hilton Head Island Resort & Spa is an AAA Four Diamond Award-winning resort overlooking the Atlantic Ocean with 416 guest rooms and suites.SUP offers a fun, relaxing way to play on the water with a minimum of gear and no waves required. It delivers a full-body workout and has become a popular cross-training activity. It also provides unique views of everything from sea creatures to what’s on the horizon. SUP Yoga is inclusive of individuals of all ages and abilities in a practice that not only embodies mind, body and spirit — but also the surrounding environment and its full existence.Shadwick_7J3A2268last_img read more

NBA Legend, Kobe Bryant, Wins Oscar Award

first_imgHe said: “As basketball players, we’re really supposed to shut up and dribble. But I’m glad we do a little bit more than that.“Thank you, Academy, for this amazing honour.”His words referenced comments made by Laura Ingraham, a Fox News presenter who criticised Golden State Warriors’ Kevin Durant and Cleveland Cavaliers’ LeBron James for openly stating their opposition to US President Donald Trump.She had said they “should keep the political commentary to themselves, or as somebody once said, shut up and dribble”.Dear Basketball, written by Bryant and directed by Glen Keane, is based on a letter Bryant had published on The Players’ Tribune website, announcing his plans to retire from basketball.Bryant remains the Lakers’ all-time point scorer – he only ever played for one team – and is third on the NBA’s all-time list with 33,643 points.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram NBA legend Kobe Bryant won the Oscar for best short animated film in Sunday’s award ceremony in Los Angeles.The six-time NBA championship winner was recognised for Dear Basketball, a five-minute film based on a love letter to the sport he had written in 2015.When Bryant ended his career in 2016, the LA Lakers retired the two jerseys he wore during his 20-year spell.In accepting his award, the 39-year-old spoke in defence of athletes’ influence on cultural and political life.last_img read more

Witzel Scores Early and Artesians Hold On For a Point

first_imgFacebook4Tweet0Pin0Submitted by Oly Town ArtesiansKyle Witzel scored in the ninth minute on his first shot with his new club and the Oly Town Artesians held on tight for a 1-1 draw against the Olympic Force on Sunday afternoon at Gordon Field. The Force tied the game up on a penalty kick by Diego Aceves in the 71st minute and then mounted a fierce attack thereafter but could not break through the Artesians defense and goalkeeper JJ Olson.Kyle Witzel with the shot past Lewis Watson. Photo credit: David FalkOn a deceptively warm day on the turf at Gordon Field, the Artesians broke through first in the ninth minute with a beautiful build up between Gabriele Zaccagnini, Jake Zimmerman and Tom Kemennu that was finished on a rocket of a shot by Witzel past Olympic keeper Lewis Watson. It was the Saint Martin’s forward’s first opportunity as a member of the Artesians, and he made the most of it, giving Oly Town a 1-0 lead.Olympic looked a little sluggish early after their 1-1 draw with South Sound FC on Saturday afternoon, but shook it off and started pressing midway through the first half. The pressure finally got to the Artesians in the 71st minute when Collin LaBranche clipped Joe Sammartino in the box. The official awarded a penalty kick to the Force and Diego Aceves buried the kick to tie the game 1-1.The Force continued to press heavily for the next 20 minutes giving both teams good chances to take the lead. The best opportunity came on the last play of the game well into stoppage time when Sammartino’s shot sliced across the goal and just barely missed wide left. The official blew the whistle right after and the Artesians escaped the Kitsap Peninsula with a point.Oly Town moved to 4-4-2 with 14 points in the Evergreen Premier League. The draw, combined with South Sound’s loss in Bellingham on Sunday, moved the Artesians back up to fourth place in the league table, nine points behind the first place Seattle Stars with four games left to play.The Artesians turn around almost immediately and will host the Vancouver Victory on Tuesday at Wembley Field at The Evergreen State College. First kick is set for 7:00 p.m., gates open at 6:15 p.m.Follow the Artesians all season long by visiting the Oly Town Artesians website, following them on Twitter, and liking them on Facebook.last_img read more