Governor Ricketts Comments on Marriage Ruling


Governor Pete Ricketts commented on U.S. District Judge Joseph Bataillon’s decision to strike down Nebraska’s constitutional amendment that defines marriage as between one man and one woman.

“Today, a judge took steps to overturn a constitutional amendment approved by 70% of Nebraskans that defines marriage as between one man and one woman,” said Governor Pete Ricketts. “The definition of marriage is an issue for the people of Nebraska, and an activist judge should not substitute his personal political preferences for the will of the people. I will continue to work with Attorney General Doug Peterson to uphold Nebraska’s Constitution and the will of the people of our great state.”

 

Freezing Rain Advisory


FREEZING DRIZZLE THIS MORNING...

.AREAS OF FREEZING DRIZZLE WILL CREATE EXTREMELY SLICK CONDITIONS
THIS MORNING.

IAZ043-055-056-069-079-080-NEZ015-033-034-043>045-050>053-065>067-
078-031500-
/O.NEW.KOAX.ZR.Y.0001.150303T1306Z-150303T1500Z/
MONONA-HARRISON-SHELBY-POTTAWATTAMIE-MILLS-MONTGOMERY-THURSTON-
CUMING-BURT-COLFAX-DODGE-WASHINGTON-BUTLER-SAUNDERS-DOUGLAS-SARPY-
SEWARD-LANCASTER-CASS-SALINE-
INCLUDING THE CITIES OF...ONAWA...MAPLETON...MISSOURI VALLEY...

WOODBINE...LOGAN...DUNLAP...HARLAN...COUNCIL BLUFFS...GLENWOOD...

RED OAK...PENDER...MACY...WALTHILL...WINNEBAGO...WEST POINT...

WISNER...TEKAMAH...OAKLAND...LYONS...DECATUR...SCHUYLER...

FREMONT...BLAIR...DAVID CITY...WAHOO...ASHLAND...YUTAN...OMAHA...

BELLEVUE...PAPILLION...LA VISTA...SEWARD...MILFORD...LINCOLN...

PLATTSMOUTH...CRETE...WILBER
706 AM CST TUE MAR 3 2015

...FREEZING RAIN ADVISORY IN EFFECT UNTIL 9 AM CST THIS MORNING...

THE NATIONAL WEATHER SERVICE IN OMAHA/VALLEY HAS ISSUED A
FREEZING RAIN ADVISORY...WHICH IS IN EFFECT UNTIL 9 AM CST THIS
MORNING. 

* TIMING...WIDESPREAD FREEZING DRIZZLE THROUGH MID MORNING. 

* ICE ACCUMULATIONS...SECONDARY ROADS...NEIGHBORHOODS STREETS...

BRIDGES...OVERPASSES...SIDEWALKS AND PARKING LOTS ARE EXTREMELY
ICY THIS MORNING.

PRECAUTIONARY/PREPAREDNESS ACTIONS...

A FREEZING RAIN ADVISORY MEANS THAT PERIODS OF FREEZING RAIN OR
FREEZING DRIZZLE WILL CAUSE TRAVEL DIFFICULTIES. BE PREPARED FOR
SLIPPERY ROADS. SLOW DOWN AND USE EXTREME CAUTION WHILE DRIVING.

Market Report


Grain Markets

3/2/15 10:59am

May Corn -4 ½ @ 3.88 ¾

May Beans -14 ¼ @ 10.17 ½

 

Good Morning!

 

In the International news:

–          China cuts interest rates by .25% just 4 months after last reduction.  More can be read at the Wall Street Journal (http://www.wsj.com/articles/china-rate-cut-renews-economic-concerns-1425242816 )

–          Boris Nemtsov/Putin Critics was assassinated, Fear in Russia, more can be read in the New York Times (http://www.nytimes.com/2015/03/01/world/europe/killing-of-boris-nemtsov-putin-critic-breeds-fear-in-russia.html?_r=0 )

 

Grain:

Not a lot of news in grain to speak of, low overnight volume, and exports were low across the board last week.  CVA switched basis levels to the May, as did many others in the area.  Weather looks to trend warmer as the week progresses, which is a welcomed change.

 

Corn:

Quiet overnight volume, looking for the roll form Mar to the May, the spread currently sitting at 9.5 cents .  Farmers are busy making crop insurance decisions.  Last week corn showed strength really form the strength in beans.  Look for some pretty hefty resistance at the $4.00 level.  CVA switched basis levels to the May, as did many others in the area.

 

Beans:

Morning session started off seeing a reaction to the Brazilian truck strike being resolved in most areas as roads begin opening up.  Trucks are now reaching ports and traffic is getting back to normal report say.  Last week’s run up was mostly due to the strikes.  Seems to be giving back a good portion this am.

 

For Fun:

As I was reading USA Today last week, I noticed a story which left me thinking….What?!?!  With KFC soon to release “Seattle’s Best” coffees they are testing a “Scoff-ee cup” which are a range of edible cups  This so far only in U.K Restaurants.  An edible cookie coffee cup, I think I will pass.

http://www.usatoday.com/story/money/2015/02/25/kfc-edible-coffee-cup-fast-food-restaurants/23994315/

 

Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | C: (402) 380-9855 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

www.cvacoop.com

Burt County Fair Kick-off Huge Success


By Mary Loftis

Extension Assistant

The Burt County Fair Foundation Fundraiser was held Saturday evening, February 28 in Tekamah. It was well attended by a wonderful group of supporters from across the county.

The evening was made up of a delicious meal, silent and live auctions, entertainment by comedian and ventriloquist Wayne Francis and a dance with Bill Skinner providing the music.

The fundraiser was a huge success again…the best yet, thanks to the continued generous support of the bidders, buyers and all the donors.

During the event the Fair Foundation announced plans for their next big fundraising effort. They are planning a new building on the fairgrounds which will replace the current Ag Hall for open class exhibits and vendor booths.  The dates of the 2015 Burt County Fair are August 7-11 in Oakland.

The Burt County Fair Foundation Fundraiser Saturday evening at the Tekamah Auditorium was well attended by a wonderful group of fair supporters. Photo Credit/Mary Loftis.

The Burt County Fair Foundation Fundraiser Saturday evening at the Tekamah Auditorium was well attended by a wonderful group of fair supporters. Photo Credit/Mary Loftis.

Reminder: Burt County Fair Kick-Off Tomorrow


10420097_1389895261318388_7428833958375296751_n

Wind Chill Advisory


KNOX-CEDAR-THURSTON-ANTELOPE-PIERCE-WAYNE-MADISON-STANTON-CUMING- BURT- INCLUDING THE CITIES OF…CREIGHTON…BLOOMFIELD…CROFTON… WAUSA…VERDIGRE…NIOBRARA…HARTINGTON…LAUREL…RANDOLPH… COLERIDGE…PENDER…MACY…WALTHILL…WINNEBAGO…NELIGH… ELGIN…PIERCE…PLAINVIEW…OSMOND…WAYNE…NORFOLK…STANTON… WEST POINT…WISNER…TEKAMAH…OAKLAND…LYONS…DECATUR 323 PM CST WED FEB 25 2015 …WIND CHILL ADVISORY IN EFFECT FROM 4 AM TO 10 AM CST THURSDAY… THE NATIONAL WEATHER SERVICE IN OMAHA/VALLEY HAS ISSUED A WIND CHILL ADVISORY…WHICH IS IN EFFECT FROM 4 AM TO 10 AM CST THURSDAY. * WIND CHILL VALUES…DROPPING TO AROUND 20 BELOW ZERO LATE TONIGHT THROUGH THURSDAY MORNING. PRECAUTIONARY/PREPAREDNESS ACTIONS… A WIND CHILL ADVISORY MEANS THAT VERY COLD AIR AND STRONG WINDS WILL COMBINE TO GENERATE LOW WIND CHILLS. THIS WILL RESULT IN FROST BITE AND LEAD TO HYPOTHERMIA IF PRECAUTIONS ARE NOT TAKEN. IF YOU MUST VENTURE OUTDOORS…MAKE SURE YOU WEAR A HAT AND GLOVES.

Center Urges Support for Medicaid Redesign Act


*Jon Bailey will be at the Unicameral today, testifying in support of LB 472 and specifically discussing details of the new Center for Rural Affairs report entitled, LB 472 and Leveraging Federal Dollars to Reform Corrections. His written testimony is available here: http://www.cfra.org/sites/www.cfra.org/files/LB472testimony.pdf
Lincoln, Nebraska – Today at the Unicameral, the Health and Human Services Committee is hearing public testimony on LB 472 – a legislative proposal that would help redesign Nebraska’s Medicaid program and close the existing health care coverage gap for low-income, working Nebraskans.
“The Center for Rural Affairs supports LB 472, the Medicaid Redesign Act, for all of the supportive reasons you are hearing today and the for the reasons we supported LB 887 in 2014 and LB 577 in 2013,” said Jon Bailey, Director of Rural Policy at the Center for Rural Affairs. “We support providing health insurance to thousands of low-income working Nebraskans who are unable to obtain traditional Medicaid coverage, who do not have access to employer-sponsored private insurance, and who are unable to afford insurance plans in the health insurance marketplace, and thus fall into a coverage gap not of their making.”
Nebraska is losing over $930,000 every day by failing to provide health coverage to its low-income, working citizens and the federal funding that will provide it. Since January 1, 2014, Nebraska has lost a total of over $391 million in available federal Medicaid funds, Bailey added.
For an up to the minute figure on Medicaid dollars lost to Nebraska, see the Center for Rural Affairs Medicaid Gap Counter at: http://www.cfra.org/news/141103/medicaid-expansion-bring-our-tax-dollars-home
“Today we come in support of LB 472 for another reason,” Bailey testified. “Today, in conjunction with Nebraska Appleseed, we released a report,  LB 472 and Leveraging Federal Dollars to Reform Corrections, showing the benefits of a redesigned Medicaid program to our corrections program, our corrections population and the state’s taxpayers.”
“Nebraska clearly has issues in its corrections programs that affect the state’s taxpayers and public safety. Just as clear is the connection between mental health and substance abuse treatment and criminal offenses and recidivism. Examples from initiatives in other states and long-term research show that this connection can be addressed through mental health and substance abuse treatment to low-income people where needed and to offenders released from the corrections population or on parole or probation.”
Jon Bailey, Center for Rural Affairs
Bailey provided a copy of the Center’s report to the Committee and it can also be viewed or downloaded here:http://www.cfra.org/LB472-Reform-Corrections
Bailey further explained to the Committee, based upon Nebraska corrections data, findings from other states, and findings from research on the connections between Medicaid and health insurance coverage, necessary treatments, and criminal justice system outcomes, that:
  • A lack of mental health services and substance abuse treatment is a primary cause of re-offending, recidivism and a return to jail or prison.
  • A redesigned Nebraska Medicaid program such as proposed in LB 472 would help keep nearly 400 people from returning to prison in one year.
  • A redesigned Nebraska Medicaid program such as proposed in LB 472 would result in gross savings to the state’s correctional budget of nearly $11 million in one year.
  • A redesigned Nebraska Medicaid program could save additional state and county dollars that have already been invested or will be invested in corrections reform.
“Research clearly shows recidivism can come from a lack of health coverage,” continued Bailey. “There is a consensus among national and Nebraska research and analysis that mental health and substance abuse treatment are what many in the corrections population need. Examples from national research and from other states clearly show linking people to coverage and necessary treatments work in reducing criminal offenses and recidivism.”
Since traditional Medicaid is unavailable to most of the correctional population and private health insurance is unattainable, Nebraska needs LB 472 to make these necessary connections. The Nebraska taxpayer and public safety, as well as those in the corrections population, will all be beneficiaries, Bailey concluded.

Market Report


Markets in general have been more supportive, 100 day moving average for both corn and beans remains supportive.  Though today has shown to be less supportive.

 

11:30am 2/23/15

Corn -6 ¼ @ 3.79

Beans-5 @ 9.94 ¼ 

 

Corn:  

Corn has been trading in an extremely narrow range of about 10 cents, when dropping down to support it  seems new buyers quickly come in keeping it supported.  When speaking to producers people are beginning to feel more optimistic and it seems people are looking for a reason to buy, “just give me a reason.”  It seems any weather fear or bullish headline could attract some short term buyers.  Demand remains strong in both exports and ethanol.  Moving forward “supply” may be very important.

 

Corn seemed to take a beating  so far this morning pushing below the 3.80 support line for the first time in a week.  Closing below definitely creates some concern, and gives a new trading range (much wider).

 

Beans:

As we head into a more historically bullish time period and the ag forums unexpectedly low ’15 planted acreage estimate of 83.5 Million, we have yet to see a major bullish response.  If demand remains high, and we receive any bullish news we may receive some opportunities.  Brazil there are talks of truckers protesting high diesel prices, and roadways in Mato Grosso have been experiencing delays/stand stills.

 

Interesting:


US TODAY “Deer Earning Dive on Ag Sag

Deere & Co. said its net income was $386.8 million, or $1.12 per share, for the quarter that ended Jan. 31., the equipment-maker’s first fiscal quarter of 2015.That was a drop of 43% from the year-earlier net income of $681.1 million, or $1.81 per share.  “Deere’s first-quarter performance reflected sluggish conditions in the global farm sector, which reduced demand for agricultural machinery, particularly larger models, and led to lower sales and income,” said CEO Samuel Allen.

Read it all here: http://www.usatoday.com/story/money/business/2015/02/20/deere-quarterly-earnings/23726911/

Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | C: (402) 380-9855 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

Low-Interest Loans Available for Exterior Improvements for Commercial Buildings in Burt County


By Patty Plugge, Executive Director

 

Nine businesses have already taken advantage of a program administered by Burt County Economic Development (BCEDC). If you’re an owner of a commercial building and you’re thinking about making some street side improvements, you may qualify for this low interest loan program. The Burt County Façade Improvement Loan Program is a revolving loan that businesses can use to fund street side exterior improvements and signage on any commercial building.

 

Funded by a JOBS grant through the Federal Home Loan Bank of Topeka, and matched by BCEDC, the 2% interest microloan program has a maximum loan amount per project of $5500. There must be a 15% cash match. The loan repayment plan includes sixty (60) monthly installments of equal payments.

 

The objective of the Façade Improvement Program is to provide financial assistance to improve the looks of commercial areas. This not only helps the building owner, it is also a benefit to the neighboring businesses. It improves the impression given to folks driving through our communities, and shows a community that takes pride in itself.

 

So if you have been thinking about new windows, brick work, siding, awnings, signage, or any exterior street side improvements to your building, contact the BCEDC office at 374-2953.

 

2015 CEDC Board of Directors

 

Sarah Chatt, Tekamah

Pam Thomsen, Lyons

John Werner, Oakland

Greg Brummond, Craig

Lisa Anderson, Tekamah

Karolyn McElroy, Lyons

Ted Connealy, Tekamah

Kyle Brink, Lyons

Debbie Anderson, Oakland

Patty Plugge, Executive Dir.

 

Center Urges Return to Balanced Taxes in Nebraska


The Nebraska Legislature’s Revenue Committee is hearing public testimony on LB 280 and LB 357 – two legislative proposals to make major changes to Nebraska’s tax system.

 

For years, the Center for Rural Affairs has called for a balanced approach to funding schools and local governments. That’s why we support LB 280, because it is the only balanced tax plan before the Legislature.

Jon Bailey, Rural Policy Director

Center for Rural Affairs

 

LB 280 is a bill sponsored by Senator Al Davis, which proposes to reduce property taxes for school funding purposes only, expand resources for schools, reduce reliance on property taxes through a local income tax for schools, and increase state aid to schools through a method that balances the interests of all Nebraska schools.

 

“As Nebraskans have heard for decades, the real tax debate in this state should be how to provide meaningful and sustainable property tax reform in a state where local governmental entities are too reliant upon property taxes,” said Jon Bailey, Director of the Rural Public Policy Program at the Center for Rural Affairs. “There now seems to be a consensus among the citizens, the Legislature, and the new administration that the time has come to provide meaningful and sustainable property tax reform.”

 

We believe LB 280 provides the opportunity for meaningful and sustainable property reductions, particularly in rural areas, Bailey added. However, the real question, and a serious question the Revenue committee must begin to answer must be how can Nebraska enact meaningful property tax reform and also avoid harmful cuts to schools and other key services?

 

According to Bailey’s testimony, these questions are particularly crucial for rural Nebraska. The vast majority of our state is property rich, but people poor – an increasingly smaller number of rural residents are paying the freight for our schools and our local government. Data show that residents in areas with high amounts of agricultural land pay more in combined income and property taxes than residents of areas with the least amount of agricultural land, both on a per-capita basis and as a share of income.

 

“For years, the Center for Rural Affairs has called for a balanced approach to funding schools and local governments,” Bailey continued. “A third from income taxes, a third from property taxes and a third from sales taxes – the three legged stool. The current extreme reliance on property taxes for schools and local governments shows how far that three legged stool is out of balance.”

 

That’s why the Center supports LB 280, because it is the only balanced tax plan before the Legislature, concluded Bailey. It is the only comprehensive tax plan that recognizes that property taxes and school funding drive each other, and the only comprehensive tax plan  proposes to significantly reform that connection.

 

To view or download copies of Bailey’s Center for Rural Affairs testimony go to:

 

LB 280 [http://www.cfra.org/Testimony-LB-280]

LB 357 [http://www.cfra.org/Testimony-Opposition-LB-357]