Growing Nebraska for the Next Generation


By Governor Pete Ricketts

Nebraska continues to grow!  Last week, the Department of Labor and Department of Economic Development joined me to announce that Nebraska’s non-farm employment reached a new milestone last year: 1,000,000 jobs.  We did not reach this point overnight.  It came to us over the years through a lot of hard work and leadership from many across the state.  This collaboration has created a national reputation for Nebraska as a great place for job creators and families looking to live, work, and raise their children.

 

Over the last year, Forbes ranked Nebraska third among the best states to do business nationally and CNBC named us the seventh best state for business.  Recently, Money-Rates.com ranked Nebraska as the third best state for millennials citing Nebraska’s second lowest-in-the-nation ranking for young adult unemployment.  Overall, Nebraska has the third lowest unemployment rate in the nation.  Additionally, Nebraska has been receiving attention for the growing Silicon Prairie movement, which has fostered an environment for young entrepreneurs and startups.  Forbes ranked Nebraska third for Fastest-Growing States for Tech Jobs in 2015, and both Lincoln and Omaha have received similar national recognition.

 

Nebraska did not receive these rankings by accident, and we must continue to work to create an event better environment for the job creators who are helping grow our state.  One area Nebraska can improve upon is our tax climate.  The Tax Foundation ranks Nebraska 26th highest for income tax and 12th highest for property tax.  There is nothing competitive about high taxes.  We have made progress in the last two years in providing tax relief, however, it is imperative we look for ways for the state to continue to provide additional relief.  To cut taxes, we must continue to control spending.  This last biennium, the Legislature and I cut the rate of growth in spending by about half to 3.6 percent.  This summer and fall, my agencies and I are working to craft a budget for the next biennium that continues to constrain state spending.

 

In addition to providing tax relief and controlling spending, my administration has been working to make government more effective, efficient, and customer-focused over the past year and a half.  Last year, the Nebraska Department of Environmental Quality launched online permitting for a number of environmental quality permits used by businesses.  The agency has reduced the amount of time it takes to deliver certain permits from months and weeks to a single day.  Working with partners across the state, we have pushed back on the Obama Administration’s attempts to implement the Waters of the U.S. Rule, roll out the Clean Power Plan, and cut the Renewable Fuel Standard.  Last year, I led two overseas trade missions, one to the European Union and one to Asia.  In November, I will be leading another trade mission to China.  These missions have helped attract additional job-creating investments in Nebraska from overseas investors.

 

In addition to these initiatives, we have also launched a first-in-the-nation reemployment program, which is helping connect Nebraska’s jobseekers with good-paying jobs.  The program provides one-on-one job coaching and requires jobseekers to create a resume that is searchable by potential employers.  One of the program participants, Jacqueline Smith, recently shared about how she found her job as a Marriott Reservation Sales Specialist.  I’ll let her words speak for themselves: “I had been out of the workforce for quite a while when I got started with the reemployment program.  I had a son with a lot of medical issues and I had to find a position that allowed me to still be a parent first.  I can remember the day very clearly when I got the call about the Marriott position.  I was very excited because I was convinced that it was going to be a very long process.  The position ended up being perfect for me.”

 

Jacqueline’s story is evidence that the hard work that our State of Nebraska team members are doing is having a real impact.  As we continue to work together to grow Nebraska, my administration will focus on lowering the tax burden, controlling spending, and making government more customer-focused so we can get government out of the way of job creators.  Next week, Nebraskans from across the state are coming together in Lincoln at the first annual Governor’s Summit on Economic Development to talk about additional ways to grow our state.  If you are not able to join, I hope that you will share some of your thoughts on how we can continue to grow our state by emailing pete.ricketts@nebraska.gov or by calling 402-471-2244.

Governor Pete Ricketts

Governor Pete Ricketts

 

Party in the Park Begins at 6 Today!


July 3rd Party in the Park

July 3rd Party in the Park

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 29: Coffee time at 9:30 a.m. Melody chimers will practice at 9:00 p.m. Today

You are invited to play cribbage or cards at 1:30 p.m.

Thurs. June 30: 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. July 1: Would you like to play in the pinochle or hand & foot tournament today at 1:30 pm? Remember you should sign up if you would like to play.

Sat. July 2: We invite you to come to the music jam tonight at 7:00 p.m.

Mon. July 4: Center is closed today for the 4th of July.

Tues. July 5: Tai Chi class is at 9:30 a.m. Stop in for coffee at 10:00 a.m. Walking exercises 10:40 a.m. Pitch tournament at 1:30 p.m.

Wed. July 6: Melody chimers will practice at 9:00 p.m. Coffee time 9:30 a.m. The card game called 65 will be played at 1:30 p.m.

Nebraska State High School Fishing Tournament


LINCOLN – The Sixth Annual Nebraska State High School Fishing Tournament is scheduled for July 23 at Elwood Reservoir Wildlife Management Area (WMA).

The tournament, a cooperative program between the Nebraska Game and Parks Commission and The Bass Federation – Student Angler Foundation, is open to two-person teams of anglers in grades 9 through 12. Each team will have a coach who provides a boat for the competition.

Anglers will check in at 5:30 a.m., and a rules meeting will follow at 6. The tournament launches at 7 a.m. and will continue until 1 p.m., with the weigh-in to follow.

Elwood Reservoir WMA is located 3 miles north of Elwood in Gosper County. The boat ramp is located on the east side of the reservoir.

Contact Larry Pape at larry.pape@nebraska.gov with questions. For tournament rules or to register, visit highschoolfishing.org/2016-state-championships.

The Gilliland Garden


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.

Weather Update


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

 

Forecasted Highs

image001

Forecasted Lows

image002

48 Hour rain forecastimage006

Hottest temps in all 50 states (Historically)

image007

 

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.

image001

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

image003

 

 

 

 

 

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.

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.

 

 

 

4-H/FFA Livestock Quality Assurance Training


Keeping livestock properly watered takes a lot of water and effort if you are carrying it to your animals as these Burt County 4-H members learned. They are pictured with at least part of the buckets they would have to carry to the animal they were assigned as part of the Livestock Quality Assurance Training last Sunday evening in Oakland. Pictured are: Bailey Fleischman of Tekamah showing part of the 23 gallons of water a 1150 lb. steer would need at 90 degrees; Bryce Uhing of West Point with enough water for a 700 lb steer at 50 degrees; Thomas Hennig of Tekamah with the 6 gallons of water he’d need for a 200 pound hog at 100 degrees; Megan Olson of Tekamah with the much smaller amount she’d need for a 40 lb. lamb at 50 degrees; Blaine Olson of Tekamah with water for his 120 lb. lamb at 80 degrees and Sydney Olsen of Lyons with enough water for a 120 lb. pig at 50 degrees. The rule of thumb in calculating water use is one gallon per 100 lbs. of animal plus more for heat and stress situations.  Photo Credit/Mary Loftis

Keeping livestock properly watered takes a lot of water and effort if you are carrying it to your animals as these Burt County 4-H members learned. They are pictured with at least part of the buckets they would have to carry to the animal they were assigned as part of the Livestock Quality Assurance Training last Sunday evening in Oakland. Pictured are: Bailey Fleischman of Tekamah showing part of the 23 gallons of water a 1150 lb. steer would need at 90 degrees; Bryce Uhing of West Point with enough water for a 700 lb steer at 50 degrees; Thomas Hennig of Tekamah with the 6 gallons of water he’d need for a 200 pound hog at 100 degrees; Megan Olson of Tekamah with the much smaller amount she’d need for a 40 lb. lamb at 50 degrees; Blaine Olson of Tekamah with water for his 120 lb. lamb at 80 degrees and Sydney Olsen of Lyons with enough water for a 120 lb. pig at 50 degrees. The rule of thumb in calculating water use is one gallon per 100 lbs. of animal plus more for heat and stress situations.
Photo Credit/Mary Loftis

4-H/FFA Livestock Quality Assurance Training included a session on the importance of reading medication labels. This lesson was emphasized by having the participants try to identify what was in the beverage bottles by using the information available on the bottle and tasting and smelling the liquids. These Logan Valley Clovers 4-H members resort to tasting the liquids as the labeling was often incomplete. Hailey Miller of Lyons; Lyndsey Johnson of Oakland, Brent Miller of Lyons (behind); Elise Anderson of Lyons and Avery Bacon of Lyons take turns trying the different beverages as Tess Johnson of Oakland helped serve them. Photo Credit/Mary Loftis.

4-H/FFA Livestock Quality Assurance Training included a session on the importance of reading medication labels. This lesson was emphasized by having the participants try to identify what was in the beverage bottles by using the information available on the bottle and tasting and smelling the liquids. These Logan Valley Clovers 4-H members resort to tasting the liquids as the labeling was often incomplete. Hailey Miller of Lyons; Lyndsey Johnson of Oakland, Brent Miller of Lyons (behind); Elise Anderson of Lyons and Avery Bacon of Lyons take turns trying the different beverages as Tess Johnson of Oakland helped serve them. Photo Credit/Mary Loftis.