Weather Update


Weather update – Notice many grain growing states getting a break in temps and some rain.  Picture source weather.com

 

Forecasted Highs

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Forecasted Lows

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48 Hour rain forecastimage006

Hottest temps in all 50 states (Historically)

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Greg Mockenhaupt

ProEdge Risk Management Consultant

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

Greg Mockenhaupt

Greg Mockenhaupt

 

 

 

 

 

1007 County Road O

Oakland, NE 68045

Market Report


Dow +189.80

S&P +21.35

Nasdaq +66.35

 

Land O’Lakes To Acquire Ceres: Land O’Lakes Inc. and Ceres Inc. announced June 17 that they have signed a definitive merger agreement under which Land O’Lakes will acquire all of the outstanding capital stock of Ceres in a transaction valued at approximately $17.2 million

 

U.K: The prospect of a U.K. exit from the EU had sent stocks around the world tumbling in recent sessions, while bond yields dropped to record lows as investors feared the move would spark a prolonged period of uncertainty and deal a blow to growth and trade in the world’s fifth-largest economy.  Stocks, sterling and oil soared at the start of the week after polls suggested the U.K. was more likely to vote to remain in the European Union in Thursday’s referendum than previously expected.  The pound surges more that 2% against the U.S. Dollar.

 

Grain Markets @ 12.36pm

 

July Corn -15’6 @ 4.22’0

Dec Corn -14’2 @ 4.34’4

July Beans -13’4 @ 11.46’0

Nov Beans -11’6 @ 11.36’4

 

For a glimpse of last week check out the ProEdge Update found here: http://cva-assets.s3.amazonaws.com/content/uploads/2015/03/ProEdge-Update-061716.pdf

 

Looking forward: June 30th at 11am will be the USDA planted acreage report.  I anticipate the extreme heat we have been seeing will impact the production.  I don’t see the production numbers growing.  I do believe the markets has already added a lot of weather premium to the market, and with forecasted record heat I anticipate support continues in the market places.  Conversely if we had a turn to cooler weather as well as good rain, we could see the markets lose traction quickly.

 

Strategy: Using call options to keep upside potential on presold grain.  For example short dated $4.40 corn calls are about 19 cents.  This can be done through brokerage or CVA.

 

Weather

Trained weather spotters in the Fremont area recorded rain totals of 6.3 inches overnight, and there are reports of flooding and downed trees in the area.  Parts of Douglas and Dodge counties are under a flash flood warning till 4:30 a.m. Saturday.  See video here http://www.ketv.com/news/reports-of-heavy-rain-flooding-in-fremont/40114986

This week chances of thunderstorms, but no real rain opportunities throughout the corn belt.

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My Blog

 

Check out weekly blogs at http://www.cvacoop.com/blog/

 

The market is full of surprises and we continue to see the grain markets rally.  Recently seeing a lot of volatility in both corn and soybeans, it leaves many wondering what to do next.  Will the market go up?  Will the market go down?  Many producers hold out because it may go higher, however, that philosophy could mean a missed opportunity.  Many producers also find themselves looking in their rear view mirror, saying I wish I would not have sold so early.

 

The reality is no one has the ability to look into the future.  Sales are made based on the information a producer has at that moment in time.  That being said, a rally like this was unexpected.  A producer who sells ahead makes that first sale and HOPES it will be the worst sale of the year.  What?!?! You may ask, then why make it?  To that I say, to manage your risk, to lock in a profit.  For example, if a producer sold 40% of their new crop beans at $10.50, and come harvest time beans are worth $12.00, the producer is averaging $11.40 futures price on their entire crop.  However, if the harvest price drops to $9.00 the average price would then be $9.60.

 

Market Moves Up
  Percent Price
Sold 40% $10.50
Harvest 60% $12.00
Average 100% $11.40
Market Moves Down
  Percent Price
Sold 40% $10.50
Harvest 60% $9.00
Average 100% $9.60

 

Selling ahead a solid way to protect your operation from a bear market.  Without risk management producers stand the risk of having a losing year.  Market timing is everything, and locking in profitable sales to guarantee income is never a bad idea.  Selling on the way up and continuing to “grab profits” from the market is a guarantee of success.  Waiting for a home run often back fires when the market rally ends abruptly and a producer finds himself unsold and currently at an unprofitable level.

 

When it comes to marketing, many find it to be very emotional.  Never beat yourself up for selling too early or selling too late.  The key is to lock in profits incrementally and guarantee profits for your family.

 

Final thought:  This principle also applies to producers who sell from their bins not selling ahead).  Selling incrementally and locking in profit as they become available is a sound business practice.  Selling ahead only offers a larger window of opportunity to sell.

 

Greg Mockenhaupt

ProEdge Risk Management Consultant

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

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1007 County Road O

Oakland, NE 68045

www.cvacoop.com

News From Bancroft Senior Center


Bancroft Senior Center News by Connie Bargmann

*If you are 60+ and need information on programs designed to help keep you in your home longer or if you need legal help, contact Connie at 402-648-3387 or in the evening at 402-648-7648. There are no membership fees or attendance requirements and new faces are always welcome.

* We have the following medical equipment to loan out on an as need basis, wheel chair, bath seats, toilet seat riser and portable toilet chair, crutches or walkers. Call 402-648-3387 during office hours.

Meals on Wheels

*Would you like to get Meals on Wheels? Anyone over the age of 60 years and lives within the city limits are eligible for these meals. You may sign up anytime for the Meals on Wheels program; you can get the meals delivered however many times you want them each week. You must call 402-687-2332 before 8:30 a.m. if you want a meal that day. The suggested donation for the meals is $4.00.

 

Weekly Activities:

Wed. June 22: Coffee time at 9:30 a.m. Melody chimers will practice at 9:00 p.m. The golf game is at 1:30 p.m. Stop in anytime in the afternoon for a root beer or strawberry float, the price is $1.50.

Thurs. June 23: Tai Chi class at 9:30 a.m. and walking club at 10:40 a.m. Rolls and coffee from 9-11 a.m. There will be chair exercises today at 1:00 p.m. Sign up to play in the pitch tournament at1:30 p.m.

Fri. June 24: Would you like to play in the pinochle or hand & foot tournament today at 1:30 pm? Sign up to play.

Mon. June 27: Coffee time at 9:30 a.m. Chair exercises at 12:45 p.m. Pitch tournament at 1:15. Monthly board meeting is at 3:30 p.m.

Tues. June 28: Tai Chi class is at 9:30 a.m. Stop in for coffee at 10:00 a.m. Walking exercises 10:40 a.m. Our meal for today is liver and onions or a hamburger patty. Cards will be played after lunch.

Wed. June 29: Melody chimers will practice at 9:00 p.m. Coffee time 9:30 a.m. Cards of some type or cribbage will be played at 1:30 p.m.

July 3rd Party in the Park


July 3rd Party in the Park

July 3rd Party in the Park

JoAnn Rager of Emerson NE


JoAnn Rager of Emerson, Nebraska passed away Monday, June 20, 2016 at Heritage of Emerson.

Funeral services are pending with Munderloh – Smith Funeral Home in Emerson.3753539_fbs

Kats’ Korner: It is summer time!


It is officially summer, my favorite season.

I love the heat! I will even admit I am getting a little tired of it. The humidity bothers me. I have allergy and sinus problems and humidity doesn’t help.

We are working on a new landscaping project in our yard, but with the heat, we haven’t been able to work outside for any great length of time.

We bought a new pool this year. Our other one lasted about nine years, than it started leaking. We managed to patch some of the leaks, but it got out of hand. It isn’t cheap to fill up the pool every week or so.

I certainly enjoy the pool! So do our grandkids. If this one lasts nine years, I will be happy. I may not get another one. Time will tell.

We also bought a hot tub. It is so relaxing. Jeff has back problems, and the hot tub is a big help for him. It is our bit of enjoyment in life. It also takes away the stress and tension from a tough day, and makes for a very restful sleep.

Kats’ Korner

The heat and humidity have been good for our garden. It seems to be growing by leaps and bounds!

We planted potatoes, green beans, cucumbers, tomatoes, peppers, zucchini and onions. We had some wild pumpkin plants growing. Jeff planted one in the potatoes, but I am not sure it is still there. The potatoes are so tall, if it is there, I won’t know until the pumpkins are growing!

Jeff also bought 10 strawberry plants this year. He was a little late in getting them, so we won’t have strawberries this year. I can’t wait to have some next year!

We also have two apple trees and a peach tree. We bought another peach tree and a cherry tree this year.

We should live on a farm. I know Jeff would love that!

                                                        Kats’ Korner

With the arrival of summer, there are a couple of dates to remember! Summer seems to fly by, so keep these dates in mind.

One is coming up on us rather quickly! July 3rd is the annual Party in the Park! There will be games for the kids, food and refreshments and fireworks. Please come out and enjoy a fun filled evening in the beautiful Oakland Park celebrating the freedom of our country.

The next event is the Burt County Fair! Mark your calendars for August 5th-9th. There will be many events to enjoy. Kat Country Hub will be sharing further information as it becomes available.

Thought for the Day: Don’t be in such a hurry. Life is precious. Enjoy each moment God has given you.

Have a great week!

Our garden. It is really thriving! Photo Credit/Denise Gilliland, Editor and Chief, Kat Country Hub.

Our garden. It is really thriving! Photo Credit/Denise Gilliland, Editor and Chief, Kat Country Hub.

 

 

 

Severe Thunderstorm Watch


The National Weather Service has issued Severe Thunderstorm Watch 276 in effect until 11 PM CDT this evening for the following areas In Iowa this watch includes 7 counties In southwest Iowa Fremont Harrison Mills Montgomery Page Pottawattamie Shelby In Nebraska this watch includes 23 counties In east central Nebraska Burt Butler Dodge Douglas Sarpy Saunders Washington In northeast Nebraska Colfax Cuming Madison Platte Stanton In southeast Nebraska Cass gage Jefferson Johnson Lancaster Nemaha Otoe Pawnee Richardson Saline Seward This includes the cities of…Ashland…Auburn…Beatrice… Bellevue…Blair…Clarinda…Columbus…Council Bluffs…Crete… David City…Decatur…Dunlap…Fairbury…Falls City… Farragut…Fremont…Glenwood…Hamburg…Harlan…La Vista… Lincoln…Logan…Lyons…Milford…Missouri Valley… Nebraska City…Norfolk…Oakland…Omaha…Papillion… Pawnee City…Plattsmouth…Red Oak…Schuyler…Seward… Shenandoah…Sidney…Stanton…Sterling…Table Rock…Tabor… Tecumseh…Tekamah…Wahoo…West Point…Wilber…Wisner… Woodbine and Yutan.

Oakland City Council to Meet


The Oakland City Council will hold their monthly meeting tonight at 5:30 p.m. at the Rosen Room in the Oakland City Auditorium.

An agenda is on file at the Oakland City Office. The meeting is open to the public.

Oakland City Council Meeting Agenda


 REGULAR MEETING

CITY COUNCIL

CITY OF OAKLAND, NEBRASKA

 

MEETING NOTICE:

            NOTICE IS HEREBY GIVEN, that a regular meeting of the Mayor and City Council of the City of Oakland, Nebraska, will be held at 5:30 on Monday June 20th, 2016 at the Municipal Building, 401 North Oakland Avenue in Oakland, Nebraska for the regular monthly meeting.

An agenda for such meeting, kept continuously current is available for public inspection at the office of the City Clerk. Except for items of an emergency nature, the agenda shall not be enlarged later than twenty-four hours before the scheduled commencement of the meeting.

______________________________________________________________________________

PRELIMINARY AGENDA

I.                        CALL TO ORDER

 

A.   Roll Call

B.   Establishment of a Quorum

C.   Reminder of Open Meeting Laws/Poster

D.   Approval May 16th, 2016 meeting minutes

E.    Treasurer’s Report

 

  1. SCHEDULED CITIZENS AND VISITORS TO ADDRESS THE COUNCIL

F.    Tim Adams- Pay Schedule 4

G.   JEO- Acceptance of Bids and consideration of award

H.   Kathy Backer- Responsible Beverage Server Training and Melanie Thompson- quarantine and isolation laws in Nebraska and the training opportunities that are available to government and elected officials.

 

  • COMMITTEE AND DEPARTMENT REPORTS

I.     Police Report

J.     All city departments

 

IV.                    OLD BUSINESS

K.   Accept bid for the demolition of 110 N Park Ave

 

V.                      NEW BUSINESS

L.    Preparing for 2016-2017 City Budget & timeline

 

VI.                    INFORMATION ITEM

 

 

  • DISCUSSION

M.

                 

  • CLOSED SESSION

 

  1. APPROVAL OF OPERATIONS BILLS AND WARRANTS

Approval by motion

  1. ADJOURNMENT

Registered Agenda Speakers

                  The Mayor or Presiding Meeting Officer reserves the right to deny this request, or will call you to the center front podium when your agenda Item is ready to be heard. Presentations, if allowed, may be limited to five (5) minutes per person, with a limit of three (3) individuals speaking per topic position. Please come to the center front podium, and clearly state your name and address for the record and the agenda topic you wish to speak upon in a professional manner.

                  The Mayor and City Council reserve the right to enter into an executive session at any time during the meeting, in accordance with the Nebraska Open Meetings Act, even though the closed session may not be indicated on the agenda.

                  It is the intention of the Mayor and City Council to take up the items on the agenda in sequential order. However, the Mayor and City Council reserve the right to take up matters in a different order to accommodate the schedules of the city council members, persons having items on the agenda, and the public

Village of Decatur Meeting Minutes


VILLAGE OF DECATUR

REGULAR BOARD MEETING

AGENDA

JUNE 9TH, 2016 @ 4:30 PM

 

The Board of the Village of Decatur met in a Public Meeting followed by Regular Session at 4:30 P.M. at the City Hall on June 9th, 2016. Visitors signing in Alta Wolf with Lyons Mirror Sun, Justin Smith, Cindy Brown, Judy Connealy with Foundation, Jaime Bacon with BCIA, Darien Beatty, Greg Beatty, Jenny Penny with Foundation and Tim Slaughter.

 

1)         Regular Meeting Called to Order by Chairman Kellogg

Roll Call: Anderson__Here__ Gatewood__here___, Kellogg_here____, Siecke _here_____, Tolby _here____

 

2)        Agenda and minutes of the previous month’s meeting received:

Roll Call: Anderson- yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

 

3)        Approval and/or correction and suspended reading of the previous month minutes.

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

 

4)        EXCUSE BOARD MEMBERS NOT ATTENDING THE MEETING:

 

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

 

 

5)         REPORTS OF OFFICERS, BOARDS AND OR COMMITTEES:

 

1)         Police: Monthly Report-Justin Smith came to the table. The Decatur Police Department is continuing to work with the State of Nebraska to get more signage and to get people to slow down when coming into our community. In addition, we have sent in permit requests for these signs along with peddler permit signs to be posted at the entrances to the village.
We are also actively searching for certified law enforcement officers who would like to come work part time for the Decatur Police Department.
We need to update our office 365 software which has expired. This has a cost of $69.99

The ending report is that the police department has had:

__15_ New incident reports since the last board meeting.
__08_ Traffic Citations
__15_ Traffic Warnings
__04_ Accident Reports

 

We also had JP Sparks resigned.

Siecke made a motion to buying the software and Gatewood 2nd

 

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes
2)         Lights: Monthly Report-Cheryl said that we got a bid to put a light on the south end of town. The bid       from REA is 1500.00.

Anderson made a motion to purchase the 2 lights from REA for the south Broadway Gatewood 2nd

Roll Call: Anderson-yes Gatewood-yes, Kellogg-abstained, Siecke-yes, Tolby-yes

Motion Carried

3)         Water & Sewer: Monthly Report- Anderson stated sewer line is broke with a discharge of grey water and we have a temporary fix. We need to put down a brim and pipe. It is looking at $4500 to fix it.

Siecke made a motion to hire P &L to fix the sewer line Gatewood 2nd

                                   

                           Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

Motion Carried
4)         Parks: Monthly Report- Income for May $4,839.00, Cindy requested gloss to put on the bathroom floors and the board decided to wait to see how the floor wears. The fish grinder is being modified to fit. Cheryl took a trash can down to the park at Beck Park. With the picnic tables someone has offered to put the board on if the Village buys the boards. Gatewood stated that we should put the Go Fund Me on the Alumni’s Facebook page.
5)         Streets: Monthly Report- Income from city sales tax for March $4235.53. Siecke stated that the 3          patches have been done. We have got some bids on the street patches 10th street from the highway to the top            of the hill is $21,000 11th street from main street to the highway is $16,300. If we went through with this I was             hoping we could pay with half of this year’s budget and half of next year’s budget. Those streets are in serious            need of attention! Also talking about funding we got some information about funding through Nebraska State     Revolving Fund and you submit everything online. You can apply every year. Anderson asked why all the            sales tax goes into the streets. Kellogg stated that it was decided by the board. Anderson thinks that we        should have it in the general fund so it can be used for all repairs that need to be done. Kellogg stated that we            had no funds in the streets and our streets needed to be fixed and that was the way to get the funds in the            account.

 

6)         Recycling Report: Recycling is needing to be hauled to Tekamah- Clerk stated we have hauled some        but we need to have the rest hauled. I talked to the guy at Tekamah said he would come up and take some         recycling down, but we haven’t heard back from him. We are interested to see what it would cost. Cindy    Brown stated that there are full boxes that need to be moved down. Kellogg stated that it has looked nice            every time she has been down there.

 

6)        OLD BUSINESS

1)        Greg Beatty- Rezoning Lots 18-20 Block 22- Greg came to the table. Kellogg asked what it meant to       Greg to have his property rezoned. Beatty stated that he felt that it should have been done with the other         properties that were changed. Kellogg asked if there was something that he wanted to do and Beatty said he        was going to do the same thing he was doing now. Kellogg stated that if she had been here we could have             opened it up because it has been through the planning commission and through all the steps. I feel we need to      decide if the rest of the block should be zoned commercial or not. Siecke stated we need to address it one way   or another to decide whether it should be rezoned or not.                          

Siecke Motion to rezoning lots 18-20 Block 22 and 2nd by Gatewood

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

Motion Carried

 

2)        Hiring of Minors- Siecke stated that that we talked about hiring a teenager to mow and weed eat.             Anderson asked how many applications we had and the clerk 2 and said they are in the office. Anderson made             a motion to go into executive session to review the applications. Siecke 2nd the motion.

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

5:32

Siecke Motion to come out of executive session at 5:58 and Gatewood 2nd the motion

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

Kellogg stated that they went into executive session to look over applications and have decided to hire Trent       Gatewood to run the mower and weed eater and anything else that is asked of him.

Siecke motioned to hire Trent Gatewood as a seasonal worker at minimum wage and Tolby 2nd the motion

Roll Call: Anderson-yes Gatewood-abstain, Kellogg-yes, Siecke-yes, Tolby-yes

Anderson stated there are no set hours per week it may vary the max hours is 40 hours a week. Starting   Monday June 13, 2016

Motion Carried

 

3)        Jamie Bacon- Employee Insurance- Bacon came to the table. Board members were given papers from      Jamie Bacon. Based on these two without making any changes to the policy it has gone up about 19%. This             includes all three full time employees. Bacon discussed all the different options for each insurance company.

 

4)        Bids for Repair of Basement- Kellogg talked about the bids for the basement. We have bids from             Boden’s total $10502.00 material and labor at $19000.00 and Thrasher 2896.00 for outside 7992.00 for inside.         Keith Stillman brought in a bid for drywall removal and replace $10660.00. 21150.00 rounded up. Thrasher has a 25 year warranty.

Siecke made a motion to except Thrasher and Stillman and seek to borrow the money from the bank and Gatewood 2nd   the motion.

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

Caulking all window’s bid from Boden’s $820.00 and for the damaged drain $2500.00 the board decided to          get more than one bid. Table until next month.

5)        Bids for 1986 Chevy Pick-up- One bid came in. Justin Smith with a bid of $150.00.

Gatewood made a motion to except the bid for $150 from Justin Smith and 2nd by Tolby

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

Motion Carried

6)        Nate Wright- Bike and Build- If they have tents they can stay at the north park.

Anderson made the motion to allow them to stay at the north park.


7)         NEW BUSINESS

 

1)        Judy Connealy- Future of Decatur- Had to leave early

2)         Dave Malloy- Water main- Not Available

3)        Sign Painter- Kellogg stated that there is a gal that paints the signs. $3 for little signs and $5 for the         big signs. Gatewood stated that we should look to all the other signs and get them all done.

 

4)        Bug Sprayer- Anderson asked if it was put in the budget. Once a week at $600 a week. If we can get      them to start spraying next week. Something done month to month.

Gatewood made a motion to hire the bug sprayer if under $700 a month starting next week and will call in July   and 2nd by Siecke

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

 

5)        Town Hall Meeting – Date June 27th @ 7pm at the Sears Center

6)        Tim Slaughter- Village owned lots- Slaughter came to the table. He talked about bringing more       businesses to our Village.

7)         Burgess Lease- Clerk said the lease agreement coming due. There lease is up June 30, 2016. We need       to all have the lease agreements to look at the agreements.

8)        Senior Center Lease- same with the Sears Center lease is up June 30, 2016 and the board would like to     see the lease agreements before making any agreements.

9)         Employee Title and Job Descriptions- Kellogg calls an executive session.

Siecke made a motion to go into executive session to discuss employee title and job descriptions and 2nd by         Gatewood

Roll Call: Anderson-yes Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

7:12

Siecke made motion to come out of Executive Session at 8:00pm 2nd Gatewood.

Roll Call: Kellogg-y, Tolby-y, Anderson-y, Siecke-y, Gatewood-y.

 

8)         CORRESPONDENCE

 
9)         ANNOUNCEMENTS

Next Regular Board meeting will be on July 14th, 2016 at 4:30 here at City Hall

 

10)       APPROPRIATIONS AND CONSIDERATION OF THE CLAIMS:

 

1) Claims preapproved by Gatewood and Tolby, Both denied Omaha Street Sweeping

2) Motion to Approve all the Claims as Submitted

Siecke 2nd  Gatewood

 

Roll Call: Anderson-yes, Gatewood-yes, Kellogg-yes, Siecke-yes, Tolby-yes

 

Are there any questions from the audience?

Block 90 13-17 lots

 

12)       MOTION TO ADJOURN THE REGULAR MEETING

 

Gatewood 2nd Siecke

 

Adjournment Time: 8:07

_____________________________

Chairman

________________________________

Village Clerk

 

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