In pictures: Kapenguria Heroes homecoming

first_imgKapenguria Heroes in the convey. Photo/GERALD ANDERSONKapenguria Heroes with trophies in Kapenguria town. Photo/GERALD ANDERSONKapenguria Heroes showcasing the trophies after beating Gor Mahia Youth 3-0 in post-match penalties to lift the Chapa Dimba Na Safaricom Boys title. Photo/GERALD ANDERSONKapenguria residents turned up in large numbers to cheer the home team Kapenguria Heroes. Photo/GERALD ANDERSONKapenguria Heroes displaying the trophies to the residents. Photo/GERALD ANDERSONWomen lining up to welcome Kapenguria Heroes. Photo/GERALD ANDERSONKapenguria Heroes team heading to Makutano town which is the biggest center in Kapenguria. Photo/GERALD ANDERSONWest Pokot traditional dancers entertaining the new champions in town. Photo/GERALD ANDERSONKapenguria Heroes team at the West Pokot Governor’s office. Photo/GERALD ANDERSONWest Pokot traditional dancers. Photo/GERALD ANDERSONWest Pokot Traditional dancers entertaining the team. Photo/GERALD ANDERSONWest Pokot County Sports minister Emily Chepoghisho with the trophy. Photo/GERALD ANDERSONWest Pokot Governor John Lonyangapuo receiving the trohies. Photo/GERALD ANDERSON0Shares0000(Visited 8 times, 1 visits today) 0Shares0000West Pokot Traditional dancers receiving the Kapenguria Heroes team that stunned Gor Mahia Youth 3-0 in post match-penalties to lift the Boys Chapa Dimba NaSafaricom title. Photo/GERALD ANDERSONNAIROBI, Kenya, Mar 28 – They say a picture is worth a thousand words; here is how Chapa Dimba Na Safaricom Boys champions Kapenguria Heroes were welcomed back home in a grand ceremony at their West Pokot County.Kapenguria residents applauding the team along the Kapenguria town streets. Photo/GERALD ANDERSONKapenguria Heroes Traditional dancers breaking into a jig as the Kapenguria Heroes arrived at the border of West Pokot and Trans Nzoia. Photo/GERALD ANDERSONKapenguria Herors goal keeper Brian Lumumba who saved three penalties against Gor Mahia Youth greeting the officials from the West Pokot County assembly as well as MCAs. Photo/GERALD ANDERSONKapenguria Heroes players having a jig with traditional dances during their home coming in West Pokot.Photo/GERALD ANDERSONNow in their home county, the convey cheered on the road side by the residents, then snailed through Psigrio before passing the busy Makutano all the way to Kapenguria Town before heading to Governor John Lonyangapuo’s office where they met another set of traditional dancers who sung and dance for the heroes.last_img read more

Three things we learned at the World Cup

first_imgRussia rejoicesThe hosts started their tournament with trepidation over how a side that had failed to win a game in eight months would cope on the biggest stage.Those fears have proved unfounded as for the first time since 1970 when the Soviet Union reached the last eight, Russia has a World Cup quarter-final to look forward to.Russia’s awareness of their own limitations helped thwart and frustrate Spain for 120 minutes as despite enjoying just 26 percent possession they held out for penalties after a 1-1 draw.And from the spot, Fyodor Smolov, Sergei Ignashevich, Aleksandr Golovin and Denis Cheryshev held their nerve, while goalkeeper Igor Akinfeev provoked jubilant scenes of celebration stretching from 80,000 at the Luzhniki around the country with his two saves.Iniesta’s sad farewellFinal touch: Andres Iniesta played his final game for Spain on Sunday © AFP / Francisco LEONGHe will forever be remembered for the most important goal in Spain’s history to win the World Cup eight years ago, but Andres Iniesta’s international career ended in sad fashion among delirium for the hosts in Moscow.Dropped to bench for a tournament game for the first time in 12 years, Iniesta still nearly won the game with Spain’s best effort to break down the mass ranks of Russia resistence.His low strike from the edge of the box produced one of precious few good saves from Akinfeev before penalties.His final touch after 131 caps was to put Spain in front in the shootout with the calm assuredness that has personified a stunning international career.But it wasn’t enough as Koke and Iago Aspas were denied by Akinfeev from the spot.“Sometimes the endings aren’t the ones you dreamed of,” said Iniesta.Modric’s reliefBailed out: Luka Modric celebrates with Croatia goalkeeper Danijel Subasic © AFP / Martin BERNETTICroatia captain Luka Modric has had a difficult year in his homeland.Charged with giving false testimony for his role in a corruption case that saw former Dinamo Zagreb chief Zdravko Mamic sentenced to six-and-a-half years in prison last month, Modric’s popularity has dipped despite continued brilliance on the field for his club Real Madrid and country.His despair was therefore understandable when he missed a penalty three minutes from the end of extra-time that could have cost Croatia a place in the last eight.Modric didn’t hide in the penalty shootout. His second effort was one of just three of Croatia’s six spot-kicks on the night to beat Kasper Schmeichel as the Dane’s heroics couldn’t prevent a 3-2 shootout defeat thanks to three stunning saves from Danijel Subasic.Croatia now have a golden chance to match their previous golden generation’s run to the semi-finals in 1998 when they meet Russia in Sochi on Saturday.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Hosts’ hero: Igor Akinfeev saved two Spain penalties to put Russia in the quarter-finals © AFP / Juan MabromataSAINT PETERSBURG, Russian Federation, Jul 2 – Penalties dominated the second day of last 16 action at the World Cup as hosts Russia shocked Spain to set up a quarter-final meeting with Croatia, who advanced on spot-kicks over Denmark.Here, AFP Sports looks at three things we learned today at the World Cup.last_img read more

Brazilian youngster Adryan admits he may quit Leeds

first_img Adryan in action for Leeds Brazilian playmaker Adryan has revealed he may return to Flamengo when his loan deal with Leeds expires.The 20-year-old moved to Elland Road last summer, with the Championship club having the right to sign the attacking midfielder permanently for £3m at the end of the current campaign.However, with his loan deal now coming to a close, the Brazil Under-20 international has admitted he may not stay at the English club.“I’ve learned a lot here [at Leeds] and at Cagliari,” Adryan told Globoesporte.“Now I do not know what will happen. In case I go back to Flamengo, I am more mature, better prepared. I’ve changed for the better.“I never said I would rule out a return to Flamengo. However, I can’t rule out continuing here for longer.“I will not discuss it because the decision involves others. I do not know my future. It depends on who appears, but I am a Flamengo player. I’ll never rule out a return to Flamengo.“I have one more year, a year and a half contract with them. I don’t rule it out. We’ll see.” 1last_img read more

GAA NEWS: NAOMH MUIRE U16s GET LEAGUE CAMPAIGN OFF GROUND AGAINST NAOMH CONAILL

first_imgNaomh Muire Club notesNext 100 Club Draw will take place on Wednesday 25th June. Can all sellers have their subs in with the co-ordinator by Sunday 22nd as agreed by committee,so the draw can be run off on the 25th.Lotto Jackpot this week is €1220. Peil na mBan; The U-12 girls were at a blitz at The Burn Road, in Termon on Saturday. Thanks to An Tearmann for a well run blitz and the ladies who provided refreshments for the teams and parents. Feature of the day was an A&B Matches, featuring a Gaeltacht Alliance Naomh Muire/Gaoth Dobhair V An Tearmann and the winner here was certainly the Gaeltacht with Gaeilge been the predominant language from all three teams in these games. Maith sibh!Ladies Training/Games for this Week. U10/U12 Girls is on Thursdays from 5.30 to 6-30pm.Thurs; From 6.30 to 7.30 training is for U14-U16-Minors and ladies. U14 County semi-final Naomh Muire V Milford is set for the 24th June,time and venue to be confirmed later in the week.Senior ladies play Glenswilly this Saturday 21st in The Banks, tbc.………………………………………………………………………………………The Best of luck to Jade & Robbie O’Donnell on Sunday 22nd who will be on duty with the county ladies team as they play Armagh in the Ulster Semi-final in Lisnaskea, Co.Fermanagh at 5pm. Supporters on your way back from Clones drop in an support the ladies on their quest to get to the Ulster final and hopefully a treble of wins for Donegal on Sunday.The U-16 boys begin their division 1 league campaign at home to Naomh Conaill this Wednesday in the banks with throw-in at 6pm. Good luck for the season ahead. Under 8 training every Wednesday at 6 and Saturday morning at 10. Under 10 training every Tuesday at 6.15 andSaturday at 10. The under 14 boys had a great battle with kilcar in the championship and went down by a goal. They play away to Naomh ultan this Thursday evening where a win will secure a place in the semifinals.The senior and reserve teams both lost narrowly to Bundoran at the weekend. There is no game this weekend due to the Donegal game. The next league game will be at home to Na Cealla Beaga on Sunday 29th June. GAA NEWS: NAOMH MUIRE U16s GET LEAGUE CAMPAIGN OFF GROUND AGAINST NAOMH CONAILL was last modified: June 16th, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:donegalNaomh Muire GAA noteslast_img read more

Southampton misfit wanted by LaLiga side

first_img ANALYSIS Boxing Day fixtures: All nine Premier League games live on talkSPORT How the Premier League table could change after the Boxing Day fixtures smart causal Latest Southampton News Leganes are weighing up a move for Southampton flop Guido Carrillo.The striker moved to the south coast club from Monaco during the January transfer window for a club record £19m. crackers REVEALED Every current Premier League club’s best kit from the past decade Alternative Premier League table based on expected goals – lucky Spurs? review possible standings Carrillo was signed by Mauricio Pellegrino who was sacked in March revealed center_img However the 27-year-old has so far failed to find the net for Southampton since joining them.Carrillo’s future at the club has recently been thrown into doubt after he was left out of the squad for the pre-season tour to China.And, according to Spanish news outlet Fichajes, Leganes are now interested in signing the Argentinean. targets BIG PRESENTS UP TOP Brown’s half-time antics, eight-goal thrillers… relive these Boxing Day classics What every Premier League club’s fans dream of this Christmas gameday cracker The average first-team salaries at every Premier League club in 2019 Where every Premier League club needs to strengthen in January Chelsea beat Spurs, Man United lose – What happened in the Premier League Which teams do the best on Boxing Day in the Premier League era? 1 The Spanish club have been alerted to Carrillo’s situation and are ready to offer him a way out of Southampton.Leganes narrowly avoided relegation last season as they finished 17th in La Liga and they are keen to rebuild their squad this summer.last_img read more

WEATHER WARNING: ‘BARNESMORE GAP COVERED IN ICE – LIKE A BOTTLE’

first_imgTHE Barnesmore Gap in Co Donegal is “like a bottle” this morning after overnight hail showers.Motorists have contacted donegaldaily.com today warning other road users to slow down on a five mile stretch from Ballybofey towards Donegal Town.“It comes at you very quickly,” said one motorist who pulled over to email us a short time ago. “I was overtaking and suddenly realised the road conditions had deteriorated.“Road temperatures are at freezing and the hail has formed a block of ice on the road.”Gardai are now patrolling in the area and have also warned motorists to slow down to suit the conditions.Donegal will be battered by more hail showers, high winds and thunder as the day goes on before the winds ease later this evening.  WEATHER WARNING: ‘BARNESMORE GAP COVERED IN ICE – LIKE A BOTTLE’ was last modified: April 17th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:WEATHER WARNING: ‘BARNESMORE GAP COVERED IN ICE – LIKE A BOTTLE’last_img read more

Urchin Genome Hyped by Media as Human Cousin

first_imgThe publication of a new genome for a plant or animal is becoming routine.  For some reason, the news media instantly jumped on claims that the genome of the sea urchin, published in Science, means that evolution is all but figured out, and that we should each feel a special place in our hearts for these our brethren.  Examples of press releases emphasizing our kinship to these spiny ocean-bottom creatures:Baylor College of Medicine:  On EurekAlert, “Decoded sea urchin genome shows surprising relationship to man: Discoveries include novel immune system, unexpected sensory proteins and broad similarity to human genes.”Carnegie Mellon:  EurekAlert says the genome will prove useful for research into “evolutionary relationships with humans and other vertebrates.”Mt. Desert Island Biological Laboratory:  EurekAlert’s copy of the press release says, “Scientists makes good use of its surprising similarity to humans.”  It also stresses, “sea urchins are remarkably similar to humans in many ways, sharing most of the same gene families, and yet differ in a few critical areas besides the obvious physical ones.”University of South Florida:  the EurekAlert announcement didn’t say as much about urchins and human relationships, but titled the release, “Insight into evolution of adaptive immunity boosted by sea urchin genome sequencing” and talked about the evolutionary split that led to us.Brown University:  The press release from Brown University began, “Scientists have long known that humans and sea urchins are closely related.  In fact, these animals are the only invertebrates on the human branch of the evolutionary tree of life.  Now that the sea urchin genome is sequenced and assembled, that genetic connection is even clearer.”Live Science:  “Surprise!  Your Cousin’s a Sea Urchin” chimed Jeanna Bryner at Live Science.  Her Darwin commercial was aired verbatim on other news sources, like MSNBC and Fox News.National Geographic:  By now the refrain has become a sing-along: “Sea Urchin Genome Reveals Striking Similarities to Humans,” writes Stefan Lovgren and National Geographic News.Mischievous little English boys in Dickens novels have been called urchins, but perhaps never before have so many associations been made in one day between the little purple ocean porcupines and human beings.Have you seen many things in your life more absurd than the Darwin Party mass hypnosis attacks every time somebody hints that Emperor Charlie might have a new fig leaf for his costume?  They can’t validate common ancestry based on such things.  Didn’t we just learn that genes may be minor players in the genetic machinery that make humans and animals different? (11/09/2006).  Have they never considered there are other explanations, for similarities, like modular design?  Don’t they realize that finding an advanced immune system in a lowly sea creature represents a huge evolutionary conundrum?  What on earth are they thinking?  They’re not; for all intents and purposes, they’re divining (09/29/2006).  They are searching for the spirit of Charlie in molecules of DNA.  Supposedly this is an improvement on livers and entrails.To claim an ancestral relationship in this genome, the Darwinists have to purposely ignore a horde of contrary evidence reported frequently in these pages (follow the Genetics and Evolution chain links for plenty of examples, e.g. 09/16/2006, 06/08/2006, 11/20/2005, 11/06/2005, and 08/20/2003).    There are many problems in the sea urchin genome they are not telling you about.  For instance, scientists were startled to find some genes with drastic differences from vertebrates, and others almost perfectly conserved.  And regarding that amazing immune system, they found more immunity genes in the urchin than in the human by an order of magnitude.  Neither of these observations comport with the image of gradual evolution by natural selection.  Then there is the problem that such advanced genes are found in one of most primitive of the deuterostomes.  This pushes the problem of the origin of complexity further back into some mythical ancestor.For now, just focus on the media’s strange behavior.  Reporters go bonkers in their euphoria at the Charlie Parades, because they have sold their souls to the dogma that Charlie must be worshiped no matter what the evidence, and defended against the new God in town at all costs.  This makes them chant all the louder, “Great is Darwina of the Evolutionists!’  It looks so silly.  It is so unbecoming reporters who are supposed to challenge claims and present all sides of a story.  Look at them.  Look how they brag on being related to tiny spiny denizens of tide pools lacking eyes, ears, and thinking brains.  They might as well be urchins.  They have a special place in their hearts for bottom dwellers.  We should shame the dickens out of such mischief.(Visited 13 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Leaky Fat Blobs Produced Life

first_img“How life began remains an open question,” said David Deamer in Nature,1 then filled the opening with a speculation: maybe life started in leaky blobs of fat.    The imaginary first primitive cells would have had a problem.  Without transport proteins that control entrances and exits, any lucky ingredients that might have come together inside a primitive membrane might leak out.  But if the membrane was too protective, the inside molecules would be trapped.  “A model of a primitive cell suggests that early membranes were surprisingly permeable,” the article subtitle teased.  Indeed, a team writing in the same issue published results of their laboratory simulations of an artificial vesicle that “allows small, organic ‘nutrient’ molecules to pass through its membrane.”  Would that solve the problems?    Deamer switched imaginary views to a primitive earth with volcanoes popping out like acne.  The“local conditions were far from equilibrium – a constant flux of energy drove organic reactions towards ever-increasing complexity,” he imagined.  “This would ultimately have yielded various polymeric products, perhaps including prototypes of nucleic acids or proteins.”  Next, he envisioned “vast numbers of microscopic assemblies of molecules” that became enclosed in fatty bubbles.  By chance, life emerged:In this theory of the origins of life, each cell-like assembly had a different composition from the next.  Most were inert, but a few might have contained a particular mixture of components that could be driven towards further complexity by capturing energy and small ‘nutrient’ molecules from the environment – the beginnings of a heterotrophic system.  As the nutrient molecules were transported into the internal compartment, they became linked together into long chains in an energy-consuming process.  Life began when one or more of the assemblies found a way not only to grow, but also to reproduce by incorporating a cycle involving catalytic functions and genetic information.The leaps in that scenario are astonishing, but finally Deamer acknowledged a problem: “the membrane that forms the compartment of the putative cell is also a permeability barrier.”  How to get nutrients inside for the catalytic cycle, assuming it got going?  He pointed to the work of Mansy et al in the same issue.2  They experimented with prefabricated vesicles that were able to selectively permit the passage of ribose or nucleotides but exclude polymers.  The researchers “establish for the first time that a simulated prebiotic protocell can work with an external source of reagents,” he said.  “a heterotrophic origin of primitive cellular life is feasible.”3    In his closing paragraph, Deamer took a swipe at the strong minority of origin-of-life researchers who believe life took hold in metabolic cycles before cells emerged: “Cells are the basic unit of all life today, and there is increasing reason to think that the first form of life was a primitive version of a cell, rather than a replicating molecule supported by a metabolic network.”1.  David Deamer, “Origins of life: How leaky were primitive cells?,” Nature 454, 37-38 (3 July 2008) | doi:10.1038/454037a.2.  Mansy et al, “Template-directed synthesis of a genetic polymer in a model protocell,” Nature 454, 122-125 (3 July 2008) | doi:10.1038/nature07018.3.  Heterotroph (other-nourished) means an organism that lives off the nutrient manufacture of others; i.e., humans are heterotrophs.  Autotrophs (self-nourished) organisms make their own food.  Because autotrophs, like plants, require much more complexity in order to harvest energy and make food, origin-of-life researchers have preferred to believe that the first life-forms were heterotrophs.  Though the complexity gets divided up somewhat, it begs the question of how heterotrophs obtained their required nutrients with no autotrophs around.More powerful than a loco motive, leaping tall conceptual hurdles with a single bound, faster than a speeding roulette, it’s Supermad!    For more cartoons, stay tuned to the Nature channel.  Now, for a word from our sponsors.  Do you sometimes feel like a fat blob?  Are you lacking energy and feeling lifeless?  Here’s a tip; jump into a volcano.  That’s right.  The far-from-equilibrium conditions at the Volcano Mountain Health Spa are sure to drive you toward higher degrees of complexity and fitness.  It will also improve your sex life.  You’ll find yourself growing and reproducing in no time.  Spend a few million years on our metabolic cycles and read our magazines, filled with genetic information.  Join today and get a free cart load of our sugary snacks made of 100% pure ribose, just in from Death Valley! (11/05/2004).    If you’re tired of cartoon re-runs (09/03/2004), get some realistic intellectual nourishment at Creation-Evolution Headlines.(Visited 6 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Bulls win Cape Epic for second time

first_img30 March 2009Despite its fearsome reputation, this year’s Absa Cape Epic, which ended in Lourensford on Saturday, saw only 118 riders of the 1 196 cyclists that had entered the eight-day event fail to finish. It was the highest percentage of finishers in the history of the race, even though many participants felt it was the toughest edition of the Cape Epic yet.Known as “the Magical and Untamed African MTB race”, this year’s event, brought together many of the world’s leading mountain biking competitors, for seven gruelling stages, covering 685 kilometres.The early pace in the race was set by the powerful combination of Switzerland’s Christoph Sauser, the cross-country mountain bike world champion and South Africa’s Burry Stander, the world under-23 cross-country champion.Altered the outcomeRiding as Songo.info, the pair dominated proceedings, building up a six-minute lead, until the kind of mishap that can happen at any time in a tough event like the Cape Epic occurred and incontrovertibly altered the outcome of the race.Heading down a downhill track near Greyton, during stage four, Stander had an accident and destroyed the front wheel of his bicycle. Max Knox, one of South Africa’s top MTB competitors, in a magnanimous gesture gave his bike to Stander so that Songo.info could carry on.They eventually finished 20 minutes behind the stage winners in ninth place, but worse was yet to come for the former race leaders. The race referees, after a number of teams had objected to the help received by Stander, penalised Songo.info a further 15 minutes. Later, this was extended to an hour when Sauser admitted that Stander’s broken bike had been carried by a third party.Bulls in the leadFrom being comfortably in charge of the race, the Swiss/South African combination tumbled down the standings and out of serious contention, leaving the way clear for Team Bulls, consisting of the German duo of Karl Platt and Stefan Sahm, to take the stage victory and move into the overall lead.It would prove hard to dislodge them from first place. After all, Platt and Sahm had finished runners-up in 2008 and had won the race in 2007.The stage win by Team Bulls came at a price, however, and it required a tremendous amount of courage from Karl Platt to ensure they took the line honours. He had dislocated a shoulder in the race’s prologue and dislocated it once more on the fourth stage.Songo.info stage winsSauser and Stander fought back on the next stage, pushing hard to stand atop the podium for the stage. In fact, the Songo.info riders captured five of the seven stages, as well as the prologue, but they couldn’t overcome the time they lost on stage five.Victory on the last day went to Spain’s Lukas and Mathias Fluckiger, with the South African combination of Brandon Stewart and Max Knox, Team DCM Chrome, finishing second.They were followed across the line by the Multivgan Merida team of Germany’s Hannes Genze and Jochen Kaess. Fourth place was shared by Platt and Sahm of Team Bulls, who finished arm-in-arm with Songo.info’s Sauser and Stander.Overall winAlthough Team Bulls took the overall win, it was only on stage four that they finished ahead of Songo.info. They claimed the overall title with a time of 28 hours, 10 minutes, 13.8 seconds.It was a third victory in the event for Platt who, besides his win with Sahm in 2007, also took the honours in 2004 with Namibia’s Mannie Heymans.Second place went to the Trek-Brentjens team of Bart Brentjens, from the Netherlands, and Chris Jongewaard, from Australia, in 28 hours, 15 minutes, 07.9 seconds.Sweden’s Emil Lindgren and Switzerland’s Andreas Klugler, racing as Felt Factory 2, finished in third place.The top South African team was the MTN Energade combination of Kevin Evans and David George, who picked up the Best African Team award. Songo.info, the dominant team in the race, had to settle for sixth position.Women’s winThe Absa Ladies team of England’s Sharon Laws and South Africa’s Hanlie Booyens dominated the ladies’ race. They won every stage, which gave them a convincing overall victory.Laws and Booyens finished in 37 hours, 18 minutes and 20 seconds, over five hours ahead of second placed Robyn Adendorff and Sarah van Heerden of WSP – Jeep Girls, an all-South African team. Another South African pair, Nolene Saunders and Sarah Wielopolska, racing as Tread Magazine, took third place.MixedMountain Bike Hall of Fame member Alison Syder captured the mixed title with South Africa’s Nico Pfitzenmaier in 32 hours, 13 minutes, 09.5 seconds. Racing as the Adidas Tree team, they ended nearly 40 minutes ahead of Epic rookies, Esther Suss and Marcel Bartholet of Switzerland, competing as Team Wheeler iXS Pro.IMC/Momentum GT/Activeworx – an all South African duo, made up of Yolanda Speedy and Paul Cordes – completed the podium positions.MastersThere was a fantastic dice for honours in the Masters category. Victory went to Doug Brown of South Africa and Barti Bucher of Switzerland, the Absa Masters, who finished just over three minutes ahead of Cycle Lab Toyota’s Shan Wilson and Andrew Mclean.Over three-and-a-half hours further back, Doug Andrews and Rich Bartlett of the USA secured third place.The Absa Cape Epic is the most widely televised mountain bike race in the world. The 2008 race was broadcast in more than 175 countries in 17 languages.Would you like to use this article in your publication or on your website? See: Using SAinfo materiallast_img read more

Corn basis strategy

first_imgShare Facebook Twitter Google + LinkedIn Pinterest CornThe Tuesday USDA report didn’t hold any surprises last week. However, the Monday afternoon report showed farmers planted 40% of acres in one week. Some Chicago analysts say there is a downside to this quick corn planting. Weather within days of July 1 now becomes extremely critical for pollination across the Midwest. Weather variances in this single week could swing the national bushels per acre by five, or corn futures from $3 to just short of $5. So much money could be made if we knew what the weather would be in just that one week. Preliminary El Nino reports indicate good weather is a higher probability than bad in early July.On Thursday last week wheat rallied 30 cents on rumors Russians are going to stock pile grain and freeze potential in the Dakotas. Speculators have a huge short position on, so when they go to cover those positions the market gets very volatile. If something spooks corn speculators, we could see a similar type of rally. But, no one knows what would be that spark right now. SoyeansThe USDA estimates 350 million carryout bushels in 2015, which is more than double what is considered adequate. The USDA is predicting 500 million bushels next year. If this happens, it would be extremely burdensome to the market, and would likely cause prices to drift to $8. This is why beans do not have a lot of potential for price rallies. Lack of farmer selling is probably the most bullish story out there right now. Corn basis strategyBasis is the spread between the CBOT futures price and the cash price paid locally for corn. Basis represents the demand for grain in any area of the country (or world). It increases or decreases at each location based on grain demand or movement.For example, if farmers are not selling grain, an end user’s only choice to get the grain they need is to increase the basis. Conversely, if farmers are selling a lot, demand by end users decreases, so they can bid lower than the CBOT (slowing the pace of grain movement). This is why it is so important farmers watch the basis AND the CBOT futures prices. It’s also why we seldom if ever see corn basis and futures prices hit highs at the same time.Many farmers have the “deer in the headlights” approach to selling their remaining old crop as futures prices have fallen the last few weeks. They are frozen with fear. Many think if they wait it out the price will rally (which has happened in some recent years). This collective holding strategy has allowed basis prices to rally some. But, end users know farmers are holding on to a lot of bushels that need to be moved before new crop is harvested. It’s just unclear when farmers will sell.This “holding” is scaring some end users that there won’t be enough coverage for their next two months’ needs, so they are putting on coverage right now. This has increased basis the last few weeks. If futures were to rally though, the basis would likely fall because farmers would sell their old crop. Eventually corn will have to be sold, when it does, basis will collapse.This week I advised my clients to set the basis on any remaining old crop bushels. This does NOT mean they set futures or cash prices, just the basis. As I mentioned before, this is one of the three independent “levers” farmers can use as part of their grain marketing/pricing strategy — one many farmers don’t utilize to its optimal profit potential.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 jon@superiorfeed.com.last_img read more