Oakland City Council Meeting Agenda

July 18, 2016 Leave a comment


 

 

 

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 July 18th, 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 June 20th, 2016 meeting minutes

E.    Treasurer’s Report

 

  1. SCHEDULED CITIZENS AND VISITORS TO ADDRESS THE COUNCIL

F.    Swedish Heritage Center- Asking to budget for Utilities

G.   Phil Lorenzen-D.A. Davidson & Company

H.   Tim Adams- Pay Estimate #5 & Change Order # 1

I.     Debbie Anderson- update on Byway of Arts

J.     Sue Beckner- Garden Club

 

  • COMMITTEE AND DEPARTMENT REPORTS

K.   Police Report

L.    Library Report

M. All departments

 

IV.                    OLD BUSINESS

 

V.                      NEW BUSINESS

N.   1.  Consider Refunding of Series 2011 General Obligation Refunding Bonds, Series 2011

     a.     Consideration of Resolution of call of 2011 GO Bonds

     b.    Passage and adoption of Bond Ordinance for issuance of General Obligation Refunding Bonds, Series 2011

O.   Consider Refunding of Series 2011 General Obligation Swimming Pool Refunding Bonds, Series 2011

     a.     Consideration of Resolution of call of 2011 GO Swimming Pool Bonds

     b.    Passage and adoption of Bond Ordinance for issuance of General Obligation Swimming Pool Refunding Bonds, Series 2011

P.    Oakland Chamber of Commerce- Consideration of support for the Party in the Park by donating to the firework display

Q.   Resolution 2016-9 Renewal Resolution for LARM insuarnce

 

VI.                    INFORMATION ITEM

 

 

  • DISCUSSION

R.

                 

  • 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

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Oakland City Council June Meeting Minutes

July 18, 2016 Leave a comment


Minutes of City Council Meeting

City of Oakland, NE

Regular Meeting

 

A meeting of the Mayor and City Council of the City of Oakland, Nebraska was convened in open and public session at 5:30 p.m. on June 20th, 2016 at the Oakland Auditorium. This was the regular monthly meeting. The meeting was called to order by Mayor Ted Beckner. On roll call, Council members Denise Gilliland, Matt Johnson, Greg Mockenhaup. Luke Blanc was absent.

Notice of the meeting was given in advance thereof by the posting of a notice, one of the designated methods for giving notice, as shown by the certification of posting attached to these minutes. Availability of the agenda was communicated in the advance notice and in the notice to the Mayor and City Council.

Mayor Beckner reminded all present of the location of the Open Meeting Laws poster in the back of the Rosen Room and stated that the council would be conducting business in accordance with said law.

The minutes of the May 16th, 2016 meeting were presented. M. Johnson made a motion to approve the minutes as presented and D. Gilliand seconded. All council members voted AYE.

The treasurer’s report for June 2016 was presented and questions answered. M. Johnson made a motion to accept the treasurer report and D. Gilliland seconded. All council voted AYE.

Tim Adams, with JEO, spoke with the council about the progress of the sewer project. M. Johnson made a motion to approve pay schedule 4 for $132,135.74 to Midwest Underground. G. Mockenhaupt seconded the motion. All council member present voted AYE.

Jon Mooberry with the City’s Engineering, JEO, reported that in accordance with insutruations of the Mayor and City Council, notice to contrators had been published and bids had been revieved and opend for the constuction of improvements in Street Improvement District No. 2015-1. The Engineers presented the bid tabulation and recommendations for award of the construction contract. Following discussion and review of the bids received, Council Member D. Gilliand introduced the following resolution, Resolution 2016-8(1), and moved its passage and adoption. Motion seconded by Council Member G. Mockenhaupt. All council member present voted AYE. Motion carried.

Kathy Backer and Melanie Thompson were on the agenda but not present.

Chief Poland gave his monthy report and updated the council on current status of Ordiances.

  1. Johnson made a motion to accept the demolition bid for 110 N Park from J & K Excavating for $9,500 as long as it was demolished by July 15th,2016. D. Gilliand seconded the motion. All present voted AYE. Motion carried.

Council spoke about a timeline for the 2016-2017 budget preperations. A tentive budget retreat is scheduled for August 1st, 2016.

The bills and warrants were presented to the City Council as follows: CREDIT MANAGEMENT $150.53, Oakland Hghts (dent.ins.city) $467.42,COLONIAL LIFE $449.24,CREDIT MAN. $150.53, ACCO $1,391.51, ABB $288.29, AMERICAN LEGION $40.00, Anderson & Sons $49,000.00,ANDY’S QUIK STOP $400.45   BIG JOHN MGF. $433.00, Black Diamond $29.99 BLE $195.78, BCBS $24,802.91, Bomgaars $247.43,Braniff Service $348.31,Brehmer Mfg.Co. 1,300.00, Burt Co. Sheriff’s Office $30.00,CVA $369.06,Colonial Research $183.94,Daniel R. Tanksley,III $22.95,FARM & HOME INSURANCE $80.00,Farmer’s Pride $430.71,First Bankcard $369.04,HACH Company $114.73,HD Supply $3,048.05,Helena $262.50,Ingram $711.39,INSUREVEST $500.00,   JEO $1,575.00,Jerri Case $5.00, JOHN DEERE $141.54,Johnson & Mock $585.00 K-C Parts & Repairs 691.32,KATIE ONKEN $676.10,Lorensen $19.60,Midwest Lab $361.30,Midwest Service Sales $216.20,Neb. Public Health $75.00,Nelson’s $63.67, NNSWC $1,467.13,Oakland Ind. $94.79, Olson’s $814.86,ONE CALL CONC.$39.12,PENDER IMPLEMENT $33.40,Quality Printing $25.58,Red Barn $2.30,Robertson Imp. $364.00,Rosa Schmidt $56.16,Stalp Gravel Co.$5,630.31,Swedish Festival $1,500.00,USA Blue Book 857.57,USPS $215.00,Verizon Wireless $191.58,Vern’s Plumbing $383.15,WEST POINT NEWS $44.80,KATIE ONKEN $246.13,Anderson Hardware $412.84,Bomgaars $178.44,DEARBORN NATIONAL $154.39,Farmer’s Pride $470.83,MIDWEST UNDERGROUND $132,135.74,Muni. Ind. Control 362.50,NPPD $11,597.87,JOHN DEERE $141.54,Johnson & Mock $585.00,K-C Parts & Repairs $691.32,Bomgaars $68.99,EFTPS $4,183.17,FIRST NATIONAL BANK- HSA 265.00,Ameritas Life Ins. Corp. 785.46,EFTPS $5,032.90.Nebraska Dept. Of Rev. $1,097.16,FNB- HSA $2,585.00,Ameritas $777.66

     M. Johnson made a motion to accept the warrents. G. Mockenhaupt seconded and all council voted AYE

There being no further business to come before the council, the meeting adjourned at 6:35 p.m.

 

__________________________________

Ted R. Beckner, Mayor

________________________

Katie K Onken

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News From Bancroft Senior Center

July 18, 2016 Leave a comment


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. July 20: Coffee time at 9:30 a.m. No melody chimers this week. No bingo today. The foot doctor will be here today starting at 11:00 a.m. Call and make an appointment, if you are on Medicare, there will not be any charges for his services. There will be cards played starting at 1:30 p.m.

Thurs. July 21: 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 NO chair exercises today at 1:00 p.m. Sign up to play pitch today at 1:30 p.m.

Fri. July 22: We will have a pinochle and Hand Foot tournament at 1:30 p.m.

Mon. July 25: chair exercises at 12:45 p.m. Pitch tournament starts at 1:15 p.m. The monthly board is at 3:30 p.m. Make your reservations for tomorrows meal.

Tues. July 26: Tai Chi class is at 9:30 a.m. Stop in for coffee at 10:00 a.m. Walking exercises 10:40 a.m., free blood pressures at 11:40 a.m. Chicken dinner is at 12:00. Nutrition Ed. program is at 12:20 p.m. Cards will be played at 1:45 p.m.

Wed. July 27: Melody chimers will practice at 9:00 p.m. Coffee time 9:30 a.m. They will be playing 65 or the golf card game at 1:30 p.m.

 

 

 

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Grain Markets

July 18, 2016 Leave a comment


Grain Markets

 

Sept Corn +0’4@3.52’6

Dec Corn +0’4@3.58’6

Aug Beans -15@10.57’4

Nov Beans-14’2@10.43’0

 

This week’s report comes to you in video form, ProEdge’s Luke Beckman on “Market Journal” found here: https://www.youtube.com/watch?v=pnOtqjwomC4&feature=youtu.be

 

Weather remains the hot topic,  It seems weather is what the trade is watching a there is volatility that goes with it.  Looking forward to later this week we will be seeing temperatures getting very hot and a predicted heat advisory as well.  As far as rain goes, there is a low probability.

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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

www.cvacoop.com

 

 

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Bicycle Rodeo

July 15, 2016 1 Comment


This great looking group of young bikers took to the cement recently to see who could ride the straightest, fastest while maintaining the most control. They also took a safety quiz to check their thinking skills as well as their riding skills. Posing for the photo were: Back row: Madeline Pearson, Alex Davis, Andrew Schlichting, Mariah Bracht, Caleb Schlichting and Eli Schlichting. Front row: Greta Pearson, Coraline Davis, Mady Davis, Connor Davis, Parke Loftis, Carsyn Miller, and Lane Loftis. Photo Credit/Mary Loftis, Extension Associate.

This great looking group of young bikers took to the cement recently to see who could ride the straightest, fastest while maintaining the most control. They also took a safety quiz to check their thinking skills as well as their riding skills.
Posing for the photo were: Back row: Madeline Pearson, Alex Davis, Andrew Schlichting, Mariah Bracht, Caleb Schlichting and Eli Schlichting.
Front row: Greta Pearson, Coraline Davis, Mady Davis, Connor Davis, Parke Loftis, Carsyn Miller, and Lane Loftis.
Photo Credit/Mary Loftis, Extension Associate.

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Nature in all its’ Glory!

July 13, 2016 Leave a comment


The beauty of flowers! This colorful display is Rosa Schmidt's. This time of year brings out the beauty of the season. Photo courtesy of Rosa Schmidt.

The beauty of flowers! This colorful display is Rosa Schmidt’s. This time of year brings out the beauty of the season. Photo courtesy of Rosa Schmidt.

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Happenings at Oakland Heights

July 13, 2016 Leave a comment


Oakland Heights News by Nancy Silvey

This week on Thursday July 14th at 2:30 pm Charlie Davis will be here to perform and then on Saturday July 16th at 2:30 pm the Rusty Buckets will be here to play. Next week we have our yearly Activity Ice Cream Social fundraiser on Friday July 22nd starting at 7:00 pm. This year’s entertainment for the evening is The Arthrightous Brothers so come and enjoy some homemade pie, ice cream and fun entertainment. We also have a resident celebrating a birthday next week, Art Schlichting on July 19th.

Church Service for Sunday July 17th at 2:30 pm will be given by the Craig Alder Grove Church with a luncheon served afterwards. On Monday July 18th is communion with the First Lutheran Church.

Activities for the week of July 18th   to July 23rd   are as follows, Reading with Jill, Manicures, Sing a Long, Game Day, Bingo the w/Salem, Reading Group,   Bible Fellowship, Word Games, Let’s Play Ball, Crafty Cooking, Saturday morning video, and Lawrence Walk.

Volunteers signing in last week were; Judy Nelson, Mary Donavan, Anne Anderson, Betty Hanna, Marge Maller, Patty Miller, Bonnie Fleischman, Di Ruwe, Dani Moseman, Pat Anderson, Judy Stone, and Sly Rouse.

 

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The PAWS Act

July 13, 2016 Leave a comment


By U.S. Senator Deb Fischer

Most of us don’t think twice about turning the corner of a busy street or standing in a long checkout line at the grocery store. But for veterans struggling with Post Traumatic Stress Disorder (PTSD), everyday events like these can trigger devastating flashbacks. A sudden sound or a noisy crowd can summon a sense of danger and instantly produce a battlefield mentality. Sleepless nights, anxiety, depression, and suicidal thoughts are some of the many challenges facing veterans with PTSD.

 

The U.S. Department of Veterans Affairs (VA) estimates between 11 and 20 percent of veterans who served in Iraq and Afghanistan have PTSD in a given year. This condition is notoriously difficult to treat. Antidepressants and therapy do not always work, and when treatments fail, a feeling of hopelessness can creep in. Out of nowhere, a veteran can find him or herself in a very dark place.

 

This was the case for Marine Corporal Cole Lyle. A six-year Marine Corps veteran, Cole’s PTSD severely affected his quality of life after returning from Afghanistan in 2011. Medication did not help; sleeping pills could not stop his nightmares. As a last resort, he decided to try a therapy rarely prescribed for PTSD.

 

Cole bought a dog.

 

Kaya was an energetic little puppy when Cole first met her. He paid out of pocket for her training as a service dog, and soon, Kaya became Cole’s loyal companion. She was his front line, keeping him calm in public places. Kaya even learned to wake him during nightmares.

 

With Kaya, Cole was able to manage his PTSD. He was able to live a more normal life.

 

I recently met Cole and Kaya when they visited the Senate. Their bond was clear and beautiful. Kaya never left his side. Now fully grown, she is a wonderful dog with a big smile; tall, pointy ears, and a truly touching devotion to Cole.

 

Kaya is also Cole’s partner in a new mission: to bring relief to other veterans with PTSD by increasing their access to service dogs.

 

A growing body of research shows animal-assisted therapy can lead to reduced PTSD symptoms, better sleep, and a decreased need for medication. These dogs are offering a new lease on life for veterans like Cole who suffer, often silently, from severe PTSD. The VA currently provides service dogs for physically disabled veterans, but it does not provide them for veterans with PTSD.

 

That’s why, this month, I worked with my friend Senator Cory Booker of New Jersey to introduce a new bill to help veterans like Cole. Our bipartisan legislation, known as thePuppies Assisting Wounded Service members (PAWS) Act, will offer veterans the same hope that Cole found in Kaya.

 

The PAWS Act directs the VA to begin a five-year pilot program, which would provide eligible veterans with certified service dogs. These veterans would receive follow-up support services from certified providers for the rest of the dog’s life, as well as veterinary health insurance. To remain eligible for the program, these veterans would be required to see a primary care or mental health care provider quarterly at a VA medical facility.

 

A similar version of the PAWS Act was introduced in the House of Representatives with nearly 100 bipartisan cosponsors. Bipartisan support for both versions of this bill has grown quickly, and I am hopeful it will pass the respective committees this fall.

 

Veterans with PTSD may have left the battlefield, but they are still in a tough fight. Service dogs like Kaya can provide much-needed support, peace, and joy. Through the PAWS Act, American heroes struggling with PTSD can find hope and experience the love of “man’s best friend” as they heal from the scars of war.

 

Thank you for taking part in our democratic process. I look forward to visiting with you again next week.

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Fremont 4-H Fair Results

July 12, 2016 Leave a comment


2016 Fremont 4-H Fair Results from John Wilson, Extension Educator

Nick Bohannon was crowned king over the 2016 Fremont 4-H Fair. Nick is the 18-year-old son of Sandy and Vance Bohannon of Tekamah. Nick was recognized for his many achievements and leadership during his 11 years in the Burt County 4-H program. Nick graduated from Tekamah-Herman this spring and will be attending the University of Nebraska-Lincoln this fall, majoring in nutrition and health sciences.

Results from Burt County 4-H’ers at the Fremont 4-H Fair include:

 

Horse Show

Senior Showmanship

Blue – Reese Hansen

Red – Megan Olson, Casey Stone, Paige Sheffield

Junior Showmanship

Red – Lakyn Humphrey

Western Pony Pleasure

Purple – Reese Hansen (champion)

Red – Megan Olson

Sr. Western Pleasure

Red – Casey Stone

Sr. Western Horsememanship

Red – Reese Hansen

Sr. Pole Bending

Blue – Casey Stone

Red – Megan Olson

Jr. Pole Bending

Blue – Lakyn Humphrey

Sr. Barrel Racing

Blue – Casey Stone

Red – Megan Olson

Jr. Barrel Racing

Purple – Lakyn Humphrey (reserve champion)

 

Dog Show

Senior Showmanship

Purple – Megan Olson (champion)

Blue – Hallie Paulson, Casey Stone

Beginning Novice Obedience – Sr. Division

Blue – Hallie Paulson

Novice Obedience – Sr. Division

Purple – Casey Stone (champion), Megan Olson

Agility Level 1

Purple – Hallie Paulson

Agility Level 2

Blue – Megan Olson

Agility Level 3

Purple – Casey Stone (champion)

 

Sheep Show

AOB Breeding Ewe

Purple – Brent Miller (champion)

Commercial Ewe Lamb

Purple – Brent Miller

Commercial Yearling Ewe

Purple – Hannah Brudigam

Senior Showmanship

Purple – Brent Miller (champion), Layne Miller

Junior Showmanship

Blue – Bailey Pelan

White Influence Market Lamb

Purple – Brent Miller

Middleweight Hampshire Market Lamb

Purple – Brent Miller

Lightweight Natural Market Lamb

Purple – Layne Miller, Hannah Brudigam

Crossbred Market Lamb

Purple – Hannah Brudigam (2), Layne Miller (2), Bailey Pelan,

Blue – Bailey Pelan (2)

 

Meat Goat Show

Senior Showmanship

Purple – Abigail Peterson

Meat Goat

Purple – Abigail Peterson (2)

 

Beef Show

Commercial Breeding Heifer

Purple – Bailey Fleischman, Bryce Uhing

Senior Showmanship

Purple – Bailey Fleischman (reserve champion), Abigail Peterson, Bryce Uhing

Market Heifer

Purple – Bailey Fleischman, Abigail Peterson

Market Steer

Purple – Brennan Ahrens (champion heavyweight steer, reserve grand champion steer, Cody Elliott (reserve champion middleweight steer), Trenton Elliott (champion lightweight steer), Bailey Fleischman, Garrett Klausen

Blue – Abigail Peterson

 

Swine Show

Senior Showmanship

Purple – Jenna Bromm (Reserve Champion)

Intermediate Showmanship

Purple – Brayden Anderson

Junior Showmanship

Purple – Elise Anderson

Blue – Jocelyn Hightree

Progress Gilts

Purple – Brayden Anderson, Elise Anderson

Market Gilts

Purple – Brayden Anderson, Elise Anderson

Blue – Jocelyn Hightree

Progress Barrows

Purple – Brayden Anderson, Jocelyn Hightree, Jenna Bromm

Blue – Elise Anderson, Jocelyn Hightree

Market Barrows

Purple – Jenna Bromm

 

 

Insect Identification Contest

Blue – Elise Anderson

 

Static Exhibits

Ashley Bohannon, Tekamah

Acrylic Painting, blue

Nick Bohannon, Tekamah

Computer Website, purple (gold medal – computers)

4-H Scrapbook, blue

Brent Miller, Lyons

Heavy Duty Booster Cable – purple (gold medal – electricity level 3)

Birdhouse – purple (silver medal – wildlife habitat)

Entomology Box – purple

Rocket – purple

Decorative Wreath – purple

Layne Miller, Lyons

Wooden Plant Stand – purple (gold medal – woodworking level 3)

Wooden Checkerboard – purple

Clay Pot Bird House – purple

Deer Tin Punch – purple

Rocket – purple

Decorative Wreath – purple

Plate Bird Feeder – blue

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Market Report

July 12, 2016 Leave a comment


Dow +127.62
S&P +11.97
Nasdaq +45.02

The S&P 500 touched an intraday record this morning, topping levels last seen more than a year ago in a reflection of investors’ bets that the U.S. economy remains a pocket of solidity in a troubled world.

The S&P 500 climbed 0.5% to 2141.02 early this am, exceeding its intraday record of 2134.72 hit in May 2015. The Dow Jones Industrial Average rose 106 points, or 0.59% to 18252. The gains left the S&P 500 on pace to close at a record, with the Dow Industrials within 1 percentage point of the blue chip index’s record close of 18312.39.

A better-than-expected jobs report Friday was the latest boost to S&P 500, which has gained more than 16% since falling to a yearly low in February. Stocks have been bolstered by signs of strength in the U.S. economy, a recovery in oil prices and the Federal Reserve’s cautious stance toward raising interest rates.

Some investors and analysts said the rally highlights the appeal of U.S. equities at a time when the global economy faces an uncertain future in the wake of the U.K. vote to leave the European Union. At the same time, central banks are continuing extraordinary efforts to promote growth and inflation that have helped send government bond yields to historic lows.

http://www.wsj.com/articles/european-stocks-buoyed-by-rally-in-japan-1468223360

 

Grain Markets 7/11/16 @ 11:55am

Sept Corn -8’2@3.46’6
Dec Corn -8’2@3.54’2
Aug Beans+0’2@10.83’4
Nov Beans+2’0@10.59’6

With corn losing almost $1 from the highs we are now under the spring insurance level of $3.86.  Fundamentally the crop looks good and another trend line production year or above year will increase carryout.  I fear the bears and the possibility of corn dropping below $3.25, though I am not ruling out the markets ability to re-trace back to $4.00 it will surely take the help from some hot and dry weather to get us there.

 

Demand seems to be strong, many anticipate USDA bumping export demand.  With a good crop we would also see ending stock move higher and possibly a reduction in corn used for feed.  There is talk of wheat competing with corn for feed usage.

 

Opportunities –

  • Reserved for clients

 

Beans:

With USDA predicting and average of 46.7 Bpa.  A swing in either direction can really change bean pricing.  Based on fixed demand, a yield of 48 bpa would potentially give us a 441 mln bu carry out, while 44 bpa take us down to 109 mln bu carryout.  You can see the significant difference here.

 

Chinas demand for beans remains strong, however if China continues to have financial issues and is forced to devalue currency, could ultimately give them less buying power.  Just keep in mind China is about 60% of the worlds export soybean demand.  Chinas financial situation is certainly worth paying attention to.

 

Concern of a LATE La Nina still remain for beans.  Thoughts that weather concerns surfacing in August adds to uncertainty.  The next 30 days keep a close eye on weather as it is likely to cause a roller coaster of market volatility.

 

Weather:

Weather has certainly been the dominating factor in market movement.  More wide spread rainfall and cooler forecasted temps have removed a lot of weather risk premium from the markets.  Though we are running out of time, there is still an opportunity for weather risk to once again become a factor.  The next 5 days offer rains throughout the Corn Belt, the eastern Corn Belt (needing rain) looks to have good rain in the forecast.

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

www.cvacoop.com

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