Monday’s Market Report

April 4, 2016 Leave a comment


Markets 4/4/16 11:36am:

Dow -8.89
S&P -1.47
Nasdaq -4.77

U.S. Stock markets has been on the way up for six weeks now.  This morning drifting lower, holding near their 2016 highs after a recent rally spurred by a weakening dollar and stabilizing oil prices. Major U.S. indexes have rallied for six of the last seven weeks and many investors took comfort in Friday’s solid readings on U.S. manufacturing activity and the March jobs report, which further eased concerns about the strength of the economy.

Oil prices have back tracked reversing all of this year’s gains.  We are now back to levels below where we started early January.

 

May Oil/Crude Futures image001

Grain Markets 4/4/16 11:31am:

Corn+0’2@3.54’2
Beans-4’6@9.13’4

 

As you know last week’s USDA report was released and the special report addressed all USDA data.  In summary:

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As far as planting goes, Producers in NE Nebraska are patiently waiting to start planting corn.  Crop Insurance start date for our area is April 10th.   Moisture is more than adequate with 2-3” of total moisture over the last 2 weeks. Temps have been sporadic with daytime highs ranging from 40-75 deg. night time lows range from 24-35 deg. with current 4” ground temp at 47 deg vs. 43 deg same day last yr.  Bottom line our soil profile is pretty full and we do have some standing water, ideally we would like a warmer and dryer forecast through April… this week cool mid 50’s and dry.

With regard to acres, there is talk of many producers switching back to beans.  At least those that were considering corn on corn.  Things have changed and the corn to bean ratio is now back to where we like to see it at 2.5.

 

Corn:  The big weight on Corn is the Planting Intentions, which, even if we do see some switches out of corn and into beans, either due to wetness or better returns for Beans given the rally in the SX/CZ ratio, still means we need a rather sizable crop yield loss to turn this market around, given the current stocks at 1.9 bln bu and the fact that it might take a national yield under 160 bu/acre to drop stocks enough to matter.

 

Strategy: Call strategies are cheap right now.  This will allow you to move the corn now, have a floor, and a shot at upside.

 

Beans: started overnight a little firmer but have turned into negative territory during the day session, as we saw Soymeal break to losses of $2-3, which is likely due to the fact that the non-Commercial or Spec Fund had covered some of this short, but the cash markets are not following meal values higher, as demand is lethargic and totally hand-to-mouth, as corn’s long term bearish outlook does not bide for meal staying too high in value.

 

Strategy:  8.00/9.60 Triplex contracts are right in the money.  If you don’t have in an offer, this may be an opportunity.

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Retirement: Saving for retirement?  The rules are about to change.  New rules aimed at stockbrokers will have enormous impacts on the way Americans save for retirement.

The rules aren’t coming from the government’s financial regulatory apparatus but from the Labor Department. This week, it is expected to release final regulations that will require brokers getting paid to provide investment guidance on a retirement account to act solely in the best interest of the investor.  It will affect IRA’s, and 401K’s as well.

Read more here:  http://www.wsj.com/articles/new-government-rule-rewrites-retirement-savings-1459762202

For Fun: Last week this was going around, I received it by email, text, and of course Facebook.  But if you haven’t seen it, it is good for a chuckle……or a tear or two.

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Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

www.cvacoop.com

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Red Flag Warning

April 3, 2016 Leave a comment 


RED FLAG WARNING IN EFFECT UNTIL 7 PM CDT THIS EVENING FOR
WIND AND LOW RELATIVE HUMIDITY FOR EASTERN NEBRASKA AND WESTERN
IOWA...

THE NATIONAL WEATHER SERVICE IN OMAHA/VALLEY HAS ISSUED A RED
FLAG WARNING FOR WIND AND LOW RELATIVE HUMIDITY...WHICH IS IN
EFFECT UNTIL 7 PM CDT THIS EVENING.

* AFFECTED AREA...IN IOWA...FIRE WEATHER ZONE 043 MONONA...FIRE 
WEATHER ZONE 055 HARRISON AND FIRE WEATHER ZONE 056 SHELBY. IN 
NEBRASKA...FIRE WEATHER ZONE 015 THURSTON...FIRE WEATHER ZONE 
033 CUMING...FIRE WEATHER ZONE 034 BURT...FIRE WEATHER ZONE 
042 PLATTE...FIRE WEATHER ZONE 043 COLFAX...FIRE WEATHER ZONE 
044 DODGE...FIRE WEATHER ZONE 045 WASHINGTON AND FIRE WEATHER 
ZONE 050 BUTLER.

* WINDS...WEST 15 TO 25 MPH WITH GUSTS UP TO 35 MPH.

* RELATIVE HUMIDITY...AS LOW AS 18 PERCENT.

* IMPACTS...ANY FIRES THAT DEVELOP COULD SPREAD RAPIDLY AND 
COULD BE VERY DIFFICULT TO CONTAIN. OUTDOOR BURNING SHOULD BE 
AVOIDED.

PRECAUTIONARY/PREPAREDNESS ACTIONS...

A RED FLAG WARNING MEANS THAT CRITICAL FIRE WEATHER CONDITIONS
ARE EITHER OCCURRING NOW....OR WILL SHORTLY. A COMBINATION OF
STRONG WINDS...LOW RELATIVE HUMIDITY...AND WARM TEMPERATURES CAN
CONTRIBUTE TO EXTREME FIRE BEHAVIOR.

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Deloris Siebrandt, 92, of Wakefield NE

April 2, 2016 Leave a comment


Deloris Hulda Anna (Greve) Siebrandt, 92, of Wakefield, NE, passed away March 31, 2016 at St. Luke’s Medical Center in Sioux City, IA.

Funeral services will be on Tuesday, April 5, 2016 at 10:30 a.m. at St. John’s Lutheran Church in Wakefield, NE; Pastor William Bertrand will be officiating. Visitation will be held 4:00 p.m. until 7:00 p.m. on Monday, April 4, 2016 at Bressler-Munderloh-Smith Funeral Home in Wakefield, NE, with a prayer service beginning at 7:00 p.m.

Memorials are suggested to the family for future designation. Arrangements are under the direction of Bressler-Munderloh-Smith Funeral Home in Wakefield, NE.

Deloris Siebrandt

Deloris Siebrandt

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Laverne E. Gustafson, 91, of Lyons NE

April 2, 2016 Leave a comment


LaVerne E. Gustafson, 91 years, of Lyons, Nebraska, passed away Thursday, March 31, 2016 at Pender Community Hospital in Pender, Nebraska.

Visitation will be held on Sunday, April 3rd from 5:00-7:00 p.m. at Pelan Funeral Services in Lyons. Family will be receiving friends during this time.

The Funeral Service is Monday, April 4th at 10:30 a.m. at the First Presbyterian Church in Lyons. Visitation will be held at the church one hour prior to the service.

Laverne Gustafson

Laverne Gustafson

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Deloris Siebrandt, 92, of Wakefield NE

April 1, 2016 Leave a comment


Deloris Hulda Anna (Greve) Siebrandt, 92, of Wakefield, NE, passed away March 31, 2016 at St. Luke’s Medical Center in Sioux City, IA.

Funeral services will be on Tuesday, April 5, 2016 at 10:30 a.m. at St. John’s Lutheran Church in Wakefield, NE; Pastor William Bertrand will be officiating. Visitation will be held 4:00 p.m. until 7:00 p.m. on Monday, April 4, 2016 at Bressler-Munderloh-Smith Funeral Home in Wakefield, NE, with a prayer service beginning at 7:00 p.m.

Memorials are suggested to the family for future designation. Arrangements are under the direction of Bressler-Munderloh-Smith Funeral Home in Wakefield, NE.

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Laverne E. Gustafson, 91, of Lyons NE

April 1, 2016 Leave a comment


Laverne E. Gustafson, 91 years, of Lyons, Nebraska, passed away Thursday, March 31, 2016 at Pender Community Hospital in Pender, Nebraska.

Funeral Services are pending at Pelan Funeral Services.

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Vote for James Moseman for Republican Delegate at Republican Convention April 6th

April 1, 2016 Leave a comment


Fellow Republicans,

 

The Burt County Republican Convention has been planned for Wednesday, April 6th, 2016 at the Burt County Fairgrounds located in Oakland. The convention will be held in the Bill Larson Building. The convention will begin at 7:00 PM with a pie and ice cream social to follow. Prior to the ice cream social, Republican office holders in the area will speak to share views, ideas, and goals for upcoming elections, as well as to review progress made over the last year.

I wish to remind you that the convention will be appointing a delegate to attend the state convention later this year. I am currently campaigning to be that delegate, and I humbly ask that you attend the convention and consider casting your vote for me.

For the last two years I have been an active member of the Republican Party in many ways. These various experiences have exposed me to new ideas, changing conservatism, and conflicting viewpoints that have allowed me to grow and develop. These experiences include Burt County Campaign Director at Lydia Brasch for Legislature, Campaign Volunteer at Joni Albrecht for Legislature, Campaign Volunteer at Don Bacon for Congress, Campaign Volunteer at Jeff Fortenberry for Congress, Campaign Volunteer at Pete Ricketts for Governor, and Nebraska State Chair at High School Students for Rubio. I have also served in other non-Republican related capacities as well. These include: Nebraska State Director and Great Plains Regional Director at Campaign for a Presidential Youth Council, Founder and soon-to-be Chair of Congressman Fortenberry’s Youth Advisory Council, and serving as a member of the Nebraska Governor’s Youth Advisory Council.

If you would like more information about any of my views, ideas, or qualifications please reach out to me using any of the contact information listed below. I look forward to seeing you at the convention!

 

Sincerely,

 

James D. Moseman

jamesdmoseman@hotmail.com, jamesdmoseman@gmail.com

402-380-4336

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