Seed Consultants 5/20/2013 Weekly Market Closing with Gary Wilhelmi

first_img Previous articleFarm Bill a Power Play for Big GovernmentNext articleIndiana Planting Pace Nears the 5 Year Average Hoosier Ag Today Facebook Twitter By Hoosier Ag Today – May 20, 2013 FinancialNothing dramatic Dow off 19, S&P down 1 and NASDAQ 3 lower dropping back below 3500Fed updated policy is center piece of the week and an easing out of QE is expectedGold off another $29 to $1394WTI crude up $ .68Dollar index drops 43 to 83.78 but has no impactThe major reports have run their course for the monthLivestockJune cattle up $1.12 to close at $120.52 on short coveringSame in hogs $92.22 up $ .70 on June assisted by pork virus which can cut longer term suppliesCOF is longer term bearish, but discountedCattle charts look weak4-6 month hogs firm on virusNearby hogs on short coveringGrain and soybeansDec corn falls below support to $5.14 but recovers late to close at $5.21Nearby July beans up 16 as Nov fell 3 to $12.24, with support at $12.00- 11.90Wheat was just along for the rideSevere storms up north in Michigan, and KC to Wichita Falls zoneWeekly export inspections were light is all sectorsRecord plantings week in corn up to 71% versus a 79% average and soybeans 24% versus 42%Central Corn Belt still roaring ahead and soybeans will accelerate next weekWatch night trade in new crop corn and beans11:38 updateExport inspections are not that important and this week we loaded just 15 m corn, 3 soybeans and 21 m wheatDollar eases back 26 on normal corrective impact with no impactWTI crude up $ .91 at 496.93 in rangeGold down $8 and silver now followingDAX ends .6% higher holding at highAugust cattle at $118.77 is on supportJune hogs measuring virus effectMorning CommentFinancial:Stocks called a little lower.Dow opened off 14DAX up .4% and Nikkei 1.5%A QE tapering in likelyFew reports near end of monthChinese home price rise slowsCampbell Soup earnings $ .57 versus $ .55WTI crude $95.51 off $ .51Gold grinds lower $13 at $1357LivestockCOF as expected at 97% total, 115% placements and 102% marketing’sCash offer at $128Boxed beef up another $ .74 to $209.11Hog disease threatens 4-6 month numbersPork cutout up $ .12Memorial Day a week ahead is all pricedGrain and soybeansMildly mixed evening action42% + of corn may have been planted last week matching the record from 1992Total expected to be over 60% of corn and 30-35% of soybeansWeather this week features some showers and highs idealS Plains get rain along with from severe stormsFunds bought 14,000 corn, 11 soybeans and 7000 wheat last weekOutside markets point in no direction that would impact Ag marketsDollar hangs at about 84 near the re3cent high limiting exports Seed Consultants 5/20/2013 Weekly Market Closing with Gary Wilhelmi Facebook Twitter Home Market Market Watch Seed Consultants 5/20/2013 Weekly Market Closing with Gary Wilhelmi SHARE SHARElast_img read more Ranked Number 236 Fastest Growing Company in North America Ranked Number 236 Fastest Growing Company in North America on Deloitte’s 2008 Technology Fast 500Attributes its 755.50% Revenue Growth to continuous product development, customer service and proven resultsBurlington, VT – (November 12, 2008) –, the leading provider of online marketing solutions for the automotive industry, today announced that it ranked number 236 on Deloitte’s 2008 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage of fiscal year revenue growth over five years, from 2003-2007. grew 755.50% during this CEO, Mark Bonfigli, credits continuous product development, proven results for clients and outstanding customer service with the company’s 755.50% revenue growth over the past five years. He said, “We are committed to delivering measurable results to our automotive industry clients. They can see the value our services bring to their online marketing. We’re also passionate about serving our customers. They receive outstanding results and service and this reflects in our bottom line.””Each company on Deloitte’s Technology Fast 500 is an innovator with an exceptional five-year track record of growth,” said Phil Asmundson, Deloitte LLP vice chairman and national managing partner for Technology, Media and Telecommunications. “ has earned its position among the fastest growing companies in North America, and we are proud to honor this important accomplishment.”Fast 500 Selection and Qualifying CriteriaThe Fast 500 ranks the fastest growing technology, media, telecommunications and life sciences companies in North America. It is compiled from Deloitte’s regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. Companies are selected based on percentage revenue growth from 2003 to 2007.Entrants must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company’s operating revenues or devote a significant proportion of revenues to research and development of technology. Using other companies’ technology or intellectual property in a unique way does not qualify. Base-year operating revenues must be at least $50,000 USD or $75,000 CD, and current-year operating revenues must be at least $5 million USD or CD. Companies must be in business a minimum of five years, and they must be headquartered within North America.About Dealer.comFounded in Burlington, VT in 1997, is the leading provider of online marketing solutions to the automotive industry. offers NADA award-winning SmartSites(tm) website design incorporating dynamic video; user-friendly lead management tools; the best in search engine advertising and unparalleled metrics and web analytics. Excellent customer service, innovative training and proven results are just a few of the reasons why more of the top 100 dealer groups use than any other vendor. For the last several years, dealerships across the country have voted for as the best website provider, resulting in the company being awarded gold and platinum in Auto Dealer Monthly’s Dealers’ Choice’s suite of online marketing solutions is the only set of tools that effectively creates a 360° view of auto dealers’ online and traditional marketing investments and results. Dealers are easily able to track spending and determine which activities are leading to the highest return on investment, allowing them to streamline advertising and marketing efforts into targeted activities that increase sales and improve the bottom line.For more information, please visit is external) or call 888-894-8989.About DeloitteAs used in this document, “Deloitte” means Deloitte LLP. Please see is external) for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.###last_img read more

UK parliamentary committee admits error on climate change assessment

first_imgWith the exclusion of Lloyds and HBOS, an updated version of the list of “less engaged” now includes the £32bn (€36.7bn) Electricity Pensions Trustee (EPT), the £25bn BP Pension Fund (BPPF), the £15bn Aviva Staff Pension Scheme and the £12bn Ford Pension Fund. The EAC said a revised assessment was likely to be made over the next few days, including a further publication of its findings.Aviva and Lloyds declined to make any further comment, as did a spokesperson for Mary Creagh, chair of the EAC.Ford, BPPF and EPT did not respond to requests for comment. The UK parliament’s Environmental Audit Committee (EAC) has rowed back on its initial assessment of pension funds’ investment attitudes towards climate change risk following an administrative blunder that failed to fully take account of the submission by Lloyds Banking Group’s pension scheme trustees.The EAC, a committee of politicians and effectively the parliament’s green watchdog, published its findings last week. It deemed six of the UK’s 25 largest pension funds to be “less engaged” with environmental risks – or not having “formally considered climate change as a strategic risk”, according to the committee.However, over the weekend the EAC admitted that, due to an “administrative error”, the assessment of the response from the Lloyds and HBOS schemes’ trustee board had been “based on an incomplete version”.Last week, Lloyds had asked that “the EAC publishes our full response to its request for information, rather than the covering letter, which is currently all that is available on its website”.last_img read more