Logan Valley Artists to be Featured in Decatur
February 24, 2016 Leave a comment
Market Report
February 23, 2016 Leave a comment
Markets
Stocks rekindled their rally this morning, spurred by rising commodities prices and upbeat data from China. Twenty-eight of the 30 components in the Dow industrials rose, from battered financial and technology stocks to better-performing consumer companies, pushing the index into positive territory for the month. The Dow gained 221 points, or 1.4%, to 16612. The S&P 500 rose 1.3%, while the Nasdaq Composite gained 1.5%.
Oil prices surged this morning on expectations of an accelerated decline in U.S. oil production. Booming U.S. oil output due to new shale oil drilling technologies helped push the global crude market into oversupply in mid-2014 and sent prices plunging. Since then, domestic output has remained more resilient than many investors and traders expected. U.S. companies sharply cut spending on new drilling, but they also got more efficient and lowered their costs.
Gasoline futures recently rose 4.2% to $1/gallon. Diesel futures rose 3.3% to $1.0596 a gallon.
Grain Markets @ 12:10pm
Mar Corn +2’0 @ 3.67’4
Mar Beans +4’4 @ 8.82’6
Seeing some overnight strength in grain, led by the Beans, to the surprise in option expiration that was seen, where 200+ SH 8.80 calls that were out of the money were assigned and over 8,000 SH 8.80 puts that were in the money by almost 2 cents, were NOT exercised or abandoned, which caught those short puts off guard and forced then to step in to buy Beans overnight and today. Which could be partially to blame for today’s strength.
Also important, as mentioned above, the strength in Crude Oil and World equity markets, notably the US Stock market now up 200 points, we potentially have a tailwind in grains.
USDA 2016 Ag Outlook Forum this Thursday and Friday is the first detailed estimate of new crop acreage and production. You can head over to USDA’s Website to get additional details and subscribe to real time updates. http://www.usda.gov/oce/forum/
USDA released the “Farms and Land in Farms report recently. You may find it interesting. The link is below. I have attached a chart from the report showing the average farms size is getting larger, while the number of farms is dropping.
There are state specific numbers, but saw this information as interesting.
Click to access FarmLandIn-02-18-2016.pdf
Exports
EXPORTERS SELL 100,000 METRIC TONS OF CORN FOR DELIVERY TO COLOMBIA DURING THE 2015/2016 MARKETING YEAR – USDA
Last Week
Friday 2/19
EXPORTERS SELL 101,600 METRIC TONS OF CORN FOR DELIVERY TO JAPAN DURING THE 2015/2016 MARKETING YEAR – USDA
Thursday 2/18
EXPORTERS SELL 106,162 METRIC TONS OF CORN FOR DELIVERY TO COSTA RICA DURING THE 2015/2016 MARKETING YEAR – USDA
Tuesday 2/16
EXPORTERS SELL 190,000 METRIC TONS OF CORN FOR DELIVERY TO COLOMBIA DURING THE 2015/2016 MARKETING YEAR – USDA
Weather
Plains are wetter in west central areas in the 6-10 day period. Showers in southern areas early this week will improve moisture for wheat. Temperatures should cool a bit this week, but should still be above normal in most areas. The 6-10 day outlook is wetter in west central areas. A chance of snow on Weds evening here in Nebraska. While the Eastern Corn Belt is expecting heavy snow.
Weather continues to be a non-event as soil moisture levels are seen as nearly full throughout the growing region. With the latest imagery showing drought completely absent from the Corn Belt, with hardly any dry patches to speak of.
Insurance: As we approach the crop insurance sign up deadline, I wanted to share with you a couple of things to consider discussing with your agent.
- Yield Exclusion, this is the opportunity to exclude 2012 from your APH. This only makes sense if 2012 is dragging down your APH and reducing your insured levels. If you happened to have decent performance in 2012 it may not make sense to exclude it. However in most cases, exclusion is very beneficial. (RMA determines which crop year yields are eligible for exclusion by county.) Discuss this with your agent to see what makes sense for your operation.
- Common Land Unit Reporting (CLU), beginning ’17 CLU reporting will be a requirement to obtain insurance. This consists of reporting by farm number, tract number, and field number. This new requirement for ’17 will require additional paperwork. It may be wise to discuss this with your agent so you can begin preparing ahead of this time next year.
Insurance Seminars: ProEdge in cooperation with The Home Agency has been offering educational seminars on crop insurance options, and marketing. That said, we will be wrapping these up with one final opportunity this Friday Morning at the East Hub in Oakland, holding one at 8:30am and another at 10:00am RSVP required. Friday afternoon we will be holding the same seminars in Hinton, IA. Please contact me for more details or to RSVP.
For Fun:
In The Wall Street Journal last week there was an article about the U.S. Government is looking to eliminate the $100 bill, and even considering the $50 bill. While Benjamin Franklin wouldn’t immediately lose his place on the face of American money, no new $100 bills would be issued under Mr. Summers’s plan.
The last time the U.S. clamped down on large-denomination bank notes was 1969, when the Fed and Treasury discontinued issuance of $500, $1,000, $5,000 and $10,000 bills.
All of this in an effort to reduce “illegal activity”. Much of the illegal activity facilitated by cash might have less to do with drugs or prostitution than with mundane tax avoidance. This type of activity has been dubbed the “gray economy” or “shadow economy.” The activities themselves aren’t illegal at all—painting a house, receiving tips at a restaurant—but conducting the transaction in cash makes it easy to avoid paying taxes on it. I think this is really what it comes down to.
The Internal Revenue Service has published periodic estimates of how much income it thinks goes unreported: Its most recent estimate, for the year 2006, estimated that $385 billion in taxes should have been collected but went unpaid. The government’s deficit that year was only $250 billion, meaning that the so-called tax gap is so large it could make the difference between deficit and surplus in some years.
Article found here http://www.wsj.com/articles/the-plot-to-kill-the-100-bill-1455667926?mod=e2tw&cb=logged0.6661449681590577
Greg Mockenhaupt
ProEdge Risk Management Consultant
P: (402) 685-5613 | Greg.Mockenhaupt@cvacoop.com
1007 County Road O
Oakland, NE 68045
Village of Decatur Meeting Minutes
February 23, 2016 Leave a comment
Village Board of Decatur Public Hearing for the 1 & 6 year street plan
February 11th, 2016 4:30P.M.
The Board of the Village of Decatur met in a public hearing at 4:30 P.M. at the City Hall on February 11th, 2016. Visitors signing in Jan Merrill with NENEDD, Patty Plugge with Burt Co EDC, Alta Wolf with Mirror Sun, Deb Maryott, Jim Maryott, Peggy Smith Decatur Superintendent, Justin Smith, David Radke with Williams & Co., Tim Slaughter, Greg Meyer, Chelsey Dunning, Jason Troutman, and Jim Webster
Siecke made a motion to open the Public Hearing on the One & Six Year Street Plan 2nd by Gatewood. Roll Call Gatewood-y, Kellogg-y, Siecke-y, Tolby- y
Kellogg asked if there were any questions from the audience or Board Members regarding this matter.
Peggy Smith came to the table reviewed Form 9 Summary. Peggy asked what we wanted in our 1 year plan and in our 6 year plan. The Board discussed the list and 10th St : Broadway – 4th Ave, 7th St north of Bridge and 10 Hwy west 900′. Would make up the 1 Year Plan.
Tim Slaughter had a question about Riverview Drive. Siecke informed him that we need to have engineering firm come down and look at the project. Slaughter asked about a bond to put the road in on Riverview.
Another audience member asked if we would be able to put something on the road to make it last longer for Riverview Drive. Peggy stated that what we put down could be used when they go to do the road work.
Kellogg asked if there were any more questions from the audience.
Siecke moved to close the public hearing. 2nd by Gatewood
Kellogg asked for Roll Call: Gatewood-y, Kellogg-y, Siecke-y, Tolby- y
Adjourned at 4:50 P.M.
______________________________________________________________________________
The Board of the Village of Decatur met in a Regular Session at 4:50 P.M. at the City Hall on February 11th, 2016. Visitors signing in Jan Merrill with NENEDD, Patty Plugge with Burt Co EDC, Alta Wolf with Mirror Sun, Deb Maryott, Jim Maryott, Peggy Smith Decatur Superintendent, Justin Smith, David Radke with Williams & Co., Tim Slaughter, Greg Meyer, Chelsey Dunning, Jason Troutman, and Jim Webster
1) Meeting Called to Order by Chairman Kellogg
Roll Call: Gatewood-y, Kellogg-y, Siecke-y, Tolby- y
2) Agenda and minutes of the previous month’s meeting received:
Roll Call: Gatewood-y, Kellogg-y, Siecke-y, Tolby- y
3) Approval and/or correction and suspended reading of the previous month minutes.
Roll Call: Gatewood-y, Kellogg-y, Siecke-y, Tolby- y
4) EXCUSE BOARD MEMBERS NOT ATTENDING THE MEETING:
All present
5) Kellogg stated that we needed to fill the vacant see. Kellogg nominated Lance Anderson
2nd by Siecke
Roll Call : Tolby-y, Gatewood-y, Kellogg-y, Siecke, y
Kellogg stated that he will take the oath of office at our next month’s meeting.
5) REPORTS OF OFFICERS, BOARDS AND OR COMMITTEES:
1) Police: Monthly Report- Smith reported a lot more traffic, there have been 18 warnings, 8 citations written and 7 new criminal cases since the last meeting. Smith stated that we have filed small claims against the previous chief since property was not returned. Also that another prior chief has mailed back property that he had in his possession. He had provided a tracking number for that item.
2) Lights: Monthly Report- Nothing to report
3) Water & Sewer: Monthly Report Clerk made a comment that well 3 is back working and that it has passed the 2 tests and it we will switch back to using it this spring.
4) Parks: Monthly Report- no report
5) Streets: Monthly Report- Income from city sales tax for November $3,717.74. Siecke reported that the State of Nebraska will be coming to do some work on the approach to the bridge and will be laying asphalt on the east side of the bridge. Siecke asked Peggy Smith if we could coordinate with that project to help reduce the cost to the village for some of our street repairs. She advised to let her know the they let the bid out.
6) Recycling Report: Clerk reported that recycling needs to be hauled to Tekamah. The shed is full. Also stated that Cindy Brown has done a great job keeping up on the recycling center. Siecke will talk with Larry to figure out how and when to haul to Tekamah.
7) OLD BUSINESS
1) Update on 743 S. Broadway- Siecke gave update that stated he had talked with Matt Coneally about the property since the county now owns it. Matt took it in front of the Burt County Board of Supervisors, and once the weather clears up they will get a crew up here to get the property cleaned up.
2) Curb-side recycling Clerk stated that 9 people had responded 6 said not interested and 3 said that they would be interested. Clerk had talked with Mayo Sanitation and that since it is able to be billed separately that in November when it comes up for bid he will add the cost for curbside recycling for only individuals who would like that service. Chesley Dunning asked if we would still keep the Recycling Center and it was discussed and it will remain open for those people who use it. Kellogg asked the clerk to get back in touch with Mayo and get some more information. Curbside was tabled until more info is available.
9) NEW BUSINESS
1) 1-6 Year Road Plan Resolution
Gatewood introduced the following: Resolution # 146- One and Six Year Street Plan.
Kellogg asked the Clerk to read Resolution # 146-One and Six Year Street Plan.
Chytka Read the Resolution # 146-One and Six Year Street Plan
RESOLUTION # 146
Whereas, Pursuant to L.B. 1302 of the 80th Legislature of the State of Nebraska, a public hearing was held by the Village of Decatur Board for the purpose of drafting a One & Six Year Road Plan to designate specific road and bridge improvements for Decatur Village Roads.
Whereas, Legal notice was published in the Burt County Lyons Mirror Sun which is the legal newspaper in the County.
Be it Further Resolved, The One & Six Year Road Plans were fully discussed by the Street Superintendent with the Village Board and those present.
Now Therefore Be It Resolved by the Decatur Village Board that the One & Six Year Road Plans for Road Improvements in the Decatur Village be approved as presented by the Street Superintendent and as advertised and that such plans be ordered submitted to the State Highway Commission along with other evidence as required by the rules and regulations of the State Highway Commission.
APPROVED THIS 11th Day of February, 2016
Board of Trustees of the Village of Decatur
Trustees voting Yea-4 Nay-0
______________________________
Chairman
______________________________
ATTEST: Village Clerk
Siecke moved that Resolution # 146-One and Six Year Street Plan be passed
Gatewood second the motion
Kellogg shall Resolution # 146-One and Six Year Street Plan be passed and adopted by Roll Call:
Gatewood-y, Kellogg-y, Siecke -y, Tolby-y
Motion Carried
2) Patty Plugge with Burt County Economic Development came to the table and discussed the benefits of becoming a member of the of the Burt County Economic Development Corporation. She stated that the total investment due for 2016 would be $2,800 which would be due in 2 payments of $1,400.
Kellogg would entertain the idea of a motion Siecke moved Gatewood 2nd the motion
Roll call Gatewood-y, Kellogg-y, Siecke-y, Tolby-y
Motion Carried
Patty stated that we will need to appoint one or two to represent Decatur board of directors. They don’t need to be on the board. They meet once a month the third Wednesday at 5:00.
3) Jan Merrill with NENEDD came to the table and discussed different ways for funding and different grants. She stated that we would need do a survey to determine our low to moderate income to see if we are able to apply for grants. She also stated that we may want to do a attitude survey. Merrill also stated that they have loans for low income to upgrade their owner occupied homes.
4) Appoint 3 members to the planning commission- Kellogg appointed Wayne Hightree, Jim Maryott, and Steve Dye. Gatewood made a motion to appoint Wayne Hightree, Jim Maryott, and Steve Dye to the planning commission. 2nd by Tolby
Roll Call- Siecke-y, Tolby-y, Kellogg-y, Gatewood-y
5) Williams and Company David Radke- Presented the audit results for 2015. Radke stated we are standing good. But we need to continue to watch our expenses.
6) Deed Transfer 952 S. Broadway- Clerk stated that the trust company that holds the deed was wanting to sale it for $1.00 to the village. There was discussion about the need for it to be cleaned up. More communication is needed with the owner of the property.
7) 12 equal payments for utility bills- Clerk announced that we are able to offer this to the community for those who are interested. This service would benefit low income.
8) Mosquito Control Grant-Clerk announced that she had received paperwork to apply for a $500.00 grant
9) Nico Hardeman set up zoning meeting for his property on 7th- Peggy Smith stated that this needs to be taken care of by Jimmy Phelps
11) Executive Session- Personnel issues
Siecke moved that they go into executive session to discuss personnel. Seconded by Gatewood Roll call Kellogg-y, Tolby-y, Siecke-y, Gatewood-y.
Time 6:22 PM
Siecke moved to come out of executive session. Seconded by Gatewood.
Roll call Kellogg-y, Tolby-y, Siecke-y, Gatewood-y.
Time 6:46 PM
12) Employee Insurance-Tabled
13) Hiring a full time Maintenance employee Siecke moved to hire Luke Dunning for full time Maintenance employee. Seconded by Gatewood
Roll call Kellogg-y, Tolby-y, Siecke-y, Gatewood-y.
Luke will start out at $10.00
14) Hiring a part-time police officer Kellogg stated that Drew Marshall is already certified. Siecke moved to offer Drew Marshall the job as part-time police seconded by Tolby Roll call- Gatewood-y, Siecke-y, Tolby-y, Kellogg-y
By having 3 part-time police officers the Village will have police presence.
10) CORRESPONDENCE
1) Clerk announce that she received a notice from Burt County public Power of a rate increase of 2.6%
2) Clerk announced that we did receive the $2500.00 grant for the Papio
3) Clerk announced that we received a letter from Nico Hardeman
11) ANNOUNCEMENTS
Next Board meeting will be on March 10, 2016 at 4:30 here at City Hall
12) APPROPRIATIONS AND CONSIDERATION OF THE CLAIMS:
1) Claims preapproved by Gatewood and Siecke
2) Motion to Approve the Claims as Submitted
Siecke 2nd Gatewood
Roll Call: Kellogg-y, Tolby-y, Siecke-y, Gatewood-y
Are there any questions from the audience? Lance Anderson asked about the property at 952 S. Broadway he said why don’t we asked the adjacent land owners if they would be interested in purchasing the property. Anderson also asked about the increase in power. He recommended that the light commissioner contact BCPPD and ask about the increase. Gatewood will call and talk with them.
13) MOTION TO ADJOURN THE REGULAR MEETING
Siecke 2nd Gatewood
Adjournment Time: 6:58
______________________________
Loretta Kellogg Chairman
__________________________
Ann M Chytka Clerk
Wind Advisory
February 18, 2016 Leave a comment
STRONG WINDS OVERNIGHT INTO FRIDAY MORNING... .STRONG WESTERLY WINDS WILL DEVELOP OVER EASTERN NEBRASKA AND SOUTHWEST IOWA OVERNIGHT AS A FAST MOVING COLD FRONT SWEEPS THROUGH THE REGION. THE STRONGEST WINDS WILL OCCUR AFTER PASSAGE OF THE FRONT. GUSTS MAY REACH UP TO AROUND 50 MPH. BOONE-MADISON-STANTON-CUMING-BURT-PLATTE-COLFAX-DODGE-BUTLER- SAUNDERS-SEWARD-LANCASTER-SALINE-JEFFERSON-GAGE- INCLUDING THE CITIES OF...ALBION...ST. EDWARD...NORFOLK... STANTON...WEST POINT...WISNER...TEKAMAH...OAKLAND...LYONS... DECATUR...COLUMBUS...SCHUYLER...FREMONT...DAVID CITY...WAHOO... ASHLAND...YUTAN...SEWARD...MILFORD...LINCOLN...CRETE...WILBER... FAIRBURY...BEATRICE 925 PM CST THU FEB 18 2016 ...WIND ADVISORY IN EFFECT UNTIL NOON CST FRIDAY... THE NATIONAL WEATHER SERVICE IN OMAHA/VALLEY HAS ISSUED A WIND ADVISORY...WHICH IS IN EFFECT UNTIL NOON CST FRIDAY. * TIMING...WINDS WILL ABRUPTLY INCREASE FROM THE WEST OR NORTHWEST AFTER MIDNIGHT AND CONTINUE INTO FRIDAY MORNING BEFORE GRADUALLY DIMINISHING DURING THE AFTERNOON. * WINDS...WEST WINDS OF 25 TO 35 MPH WITH GUSTS 40 TO 50 MPH. * IMPACTS...THE STRONG WINDS WILL CREATE POTENTIALLY HAZARDOUS DRIVING CONDITIONS...ESPECIALLY HIGH PROFILE VEHICLES TRAVELING ALONG NORTH TO SOUTH ROADS. PRECAUTIONARY/PREPAREDNESS ACTIONS... A WIND ADVISORY MEANS THAT SUSTAINED WIND SPEEDS BETWEEN 30 TO 39 MPH OR GUSTS BETWEEN 45 TO 57 MPH ARE EXPECTED. WINDS THIS STRONG CAN MAKE DRIVING DIFFICULT...ESPECIALLY FOR HIGH PROFILE VEHICLES. USE EXTRA CAUTION.
Village of Decatur Meeting Agenda
February 11, 2016 Leave a comment
VILLAGE OF DECATUR
PUBLIC HEARING 1&6 YEAR ROAD PLAN &
REGULAR BOARD MEETING
AGENDA
FEBRUARY 11, 2016 @ 4:30 PM
NOTE: Everyone must use the microphones at the table. The audience must be quiet during the meeting. If you want to ask a question and you are not on the Agenda, you must raise your hand, get permission from the Chairman, and come to the microphone before speaking. If you are on the Agenda the same rule applies.
THE VILLAGE BOARD HAS THE RIGHT TO MODIFY THE AGENDA AT THE PUBLIC MEETING WHEN CONVENED. MEETING IS OPEN TO THE PUBLIC. A COPY OF THE OPEN MEETINGS ACT IS LOCATED ON THE NORTH WALL.
1) Chairman Kellogg opened the Public Hearing for the 1 and 6 year road plan.
Roll Call Gatewood_____, Kellogg_____, Siecke ______, Tolby _____
Any questions about the 1 and 6 year plan?
Close Public Hearing
2) Regular Meeting Called to Order by Chairman Kellogg
Roll Call: Gatewood_____, Kellogg_____, Siecke ______, Tolby _____
3) Agenda and minutes of the previous month’s meeting received:
Roll Call: Gatewood_____, Kellogg_____, Siecke ______, Tolby _____
4) Approval and/or correction and suspended reading of the previous month minutes.
Roll Call: Gatewood_____, Kellogg_____, Siecke ______, Tolby _____
5) EXCUSE BOARD MEMBERS NOT ATTENDING THE MEETING:
Roll Call: Gatewood_____, Kellogg_____, Siecke ______, Tolby _____
6) Nominate for Vacant Seat.
OATH OF OFFICE:
7) REPORTS OF OFFICERS, BOARDS AND OR COMMITTEES:
1) Police: Monthly Report
2) Lights: Monthly Report
3) Water & Sewer: Monthly Report
4) Parks: Monthly Report-
5) Streets: Monthly Report- Income from city sales tax for November $3,717.74
6) Recycling Report: Recycling needs to be hauled to Tekamah
8) OLD BUSINESS
1) Update on 743 S. Broadway
2) Curb-side recycling
9) NEW BUSINESS
1) 1-6 Year Road Plan Resolution
2) Patty Plugge
3) Jan Merrill
4) Appoint 2 members to the planning commission
5) Williams and Company David Radke- Present Audit results
6) Deed Transfer 952 S. Broadway
7) 12 equal payments for utility bills
8) Mosquito Control Grant
10) Nico Hardeman set up zoning meeting for his property on 7th
11) Executive Session- Personnel issues
12) Employee Insurance
13) Hiring a full time Maintenance employee
14) Hiring a part-time police officer
10) CORRESPONDENCE
1) We received notice from Burt County public Power of a rate increase of 2.6%
11) ANNOUNCEMENTS
Next Board meeting will be on March 10, 2016 at 4:30 here at City Hall
12) APPROPRIATIONS AND CONSIDERATION OF THE CLAIMS:
1) Claims preapproved by Gatewood and Siecke
2) Motion to Approve the Claims as Submitted
________________2nd_________________
Roll Call: Gatewood_____, Kellogg_____, Siecke ______, Tolby _____
Are there any questions from the audience?
13) MOTION TO ADJOURN THE REGULAR MEETING
_______________2nd________________
Adjournment Time:
Happenings at Oakland Heights
February 11, 2016 Leave a comment
Oakland Heights News by Nancy Silvey
There are a couple of events coming up this week; on Thursday February 11th Charlie Davis will be here to play the Harmonica at 2:30pm. On Friday February 12th we will be having a special Valentine Dinner at noon for the residents. Then on Monday February 15th is our Valentine Party at 2:30pm we will be crowning the King and Queen. Then on Thursday February 18th is the monthly Waffle Supper starting at 5:30pm. On Saturday February 20th at 2:30 pm the Rusty Buckets will be here to perform. We have a special Birthday coming up on February 20th, Happy Birthday to Wilma Neitzke she will be turning 103.
Church Service for Sunday February 14th at 2:30 pm will be given by the Craig/Alder Grove Church with a luncheon served afterwards. On Wednesday February 10th is the Ash Wednesday Church Service at 2:30 pm given by Pastor Hoden.
Activities for the week of February 15th to February 20th are as follows, Reading with Marilyn, Manicures, Game Day, Sing a Long, Reading Group, Bingo the w/Salem, Bible Fellowship, Game Day, Let’s Play Ball, Crafty Cooking, Friday Bingo, Saturday morning video, and Lawrence Walk.
Volunteers signing in last week were; Dani Moseman and Sly Rouse.
Guest signing in last week was Ron and Mary Plageman to see Dorothy Larson. Sandra Anderson here to visit Helen Jean Nelson and Jackie Caldwell. Rolly and Denise Church visiting with Muriel Rabe.
Caregiver Support Group to Meet
February 11, 2016 Leave a comment
The monthly Caregiver Support Group will meet at the Bancroft Senior Center, Monday, Feb. 15 at 2:00 p.m. A video may be shown or topics that would be of interest to the caregivers will be presented at the meeting.
The personal information, shared at the meeting, by the caregivers, is kept confidential. All caregivers are invited to attend.
Bancroft Senior Center News
February 11, 2016 Leave a comment
Bancroft Senior Center News
By Connie Bargmann
* The senior center provides Information and Assistance to any individual who is looking for services for themselves or another person 60 years and older, the center manager and/or center participant can provide information to individuals on services available within the community. We link individuals to the services and opportunities that are available within or beyond the community itself. We will then establish adequate follow-up procedures to see that their needs were met. For more information call 402-648-3387.
*If you are 60 years and older 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.
* 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:
Thurs. Feb. 11: Tai Chi class at 9:30 and walking club at 10:45 a.m. Rolls and coffee, 9-11 a.m. Sign up to play in the pitch tournament at 1:30 p.m.
Fri. Feb. 12: Come and have coffee at 9:30 a.m. There will be a pinochle and hand & foot tournament at 1:30 p.m., remember to sign up if you want to play. Pool players go to Wisner for a tournament.
Mon. Feb. 15: The caregiver support group meeting is at 2:00 p.m.
Tues. Feb. 16: Tai Chi class is at 9:30 a.m. and walking club at 10:45 a.m. Stop in for coffee at 10:00 a.m. The chair/FROG exercise class will start at 1:00 p.m. We will play Valentine bingo at 2:00 p.m.
Wed. Feb. 17: We will have melody chimes practice at 9:00 a.m. Coffee time at 10:15 a.m. Sign up to play 5-handed pinochle and hand & foot at 1:30 p.m.
Market Report
February 11, 2016 Leave a comment
Markets 10:25am 2/8/16
Dow -371.49
S&P -43.72
Nasdaq -125.83
Wall Street is having another rough day as the Dow is down more than 300 points in early trading amid a fresh slide in oil prices below the key $30 per barrel mark and continued fears about slowing global growth.
The rocky start to 2016 for stocks looks set to continue as investors contend with well-known yet persistent headwinds ranging from continued price declines in oil, concerns about the impact of China’s slowing growth on the U.S. and other world economies, and questions surrounding the timing of interest rate hikes from the U.S. Federal Reserve. A Sunday meeting between Saudi Arabia and Venezuela ended without any plans for production cuts, damaging hopes that the world’s major exporters will cooperate on output cuts.
In the ethanol, we have RBOB gasoline trading -45 cents cheaper than ethanol futures, which is not promising for ethanol.
Grain Markets 10:28am 2/8/16
Mar Corn -1’4 @ 3.64’2
Mar Beans -3’0 @ 8.64’4
USDA Report on Tuesday 2/9/16 at 11:00am
Funds: An interesting topic is the funds short position. I mentioned 1/11 the funds were record short, and I also mentioned my concerns on 1/18 seen below:
“shorts will have to cover at some point and we may have a shot at a bear market rally. Manage your risk and be prepared for the unknown. Spec funds have added 150,000 new shorts since Dec 16th. With everyone suggesting we “Sell the rally’s” the farmer is likely to hold pricing down as they sell these bounces. With farmers long the physical, and funds short the board a chance at a significant rally will be difficult without a major story. I am not saying we cannot have a rally in a bear market, just that it will probably be short lived as farmers look for opportunities to move grain. This makes short covering an easy proposition for the funds, versus making the funds over pay and driving up price.”
On Jan 26th the net fund position on corn dropped from -160,153 to -91,929. The short position continued to decrease until just a couple of days ago. Currently estimated at -84,788 as of Friday. Looking at the charts below the orange line represents manage money/funds. Note that historically the funds are still very short. This represents an opportunity in the event of a scare causing a rapid short covering. Notice in the charts below, when funds cover, they historically do it in a big way. Keeping in mind my comments from 1/18, a slow short covering may not be as supportive to the grain market.
Recommendations: After the USDA report, ProEdge will be releasing official client recommendations. Expect to see this information late next week via email.
Weather:
It looks to remain cold through President’s Day then trending warmers in the 11 to 15 day.
For Fun:
The Denver Bronco were victorious defeating the Carolina Panthers 24 to 10 in the 50th Super Bowl. Highlight video seen here:https://youtu.be/DR0qOk_pcyg
Greg Mockenhaupt
ProEdge Risk Management Consultant
P: (402) 685-5613 | Greg.Mockenhaupt@cvacoop.com
1007 County Road O
Oakland, NE 68045
Kat Country Hub 
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