Another day of woeful batting by the Jamaica Scorpions yesterday have them staring defeat in the face against Trinidad and Tobago Red Force, in the WICB First-Class League action at Sabina Park.Resuming the day on 13 without loss in their second innings – an overall lead of 22 runs – the Scorpions lost their way in the morning and early post-lunch sessions and were bowled out for 155 in their second innings.This resulted in the Red Force, which made 206 in their first innings in response to 225 made by the Scorpions, being set a comfortable victory target of 175.At the close of the third day, they were 113 for three – 62 runs adrift.”Advantage Trinidad; needing 60-odd runs and we need to get nine wickets to win,” said new Jamaica captain, Campbell, who in addition to eight made in the first innings, scored 23 in the second.”Having said that, (however), their batting order has been struggling, (especially) their middle order and if we come tomorrow morning and get two quick wickets, I think we could make a match of it.”Starting out with openers John Campbell, on eight, and Shacaya Thomas, five, the Scorpions capitulated on the back of some fine offspin from new sensation Jon-Russ Jagessar. Playing in his second first-class match, he finished with eight for 58, his maiden five-wicket haul.The diminutive Jagessar, a revelation for Trinidad on their way to capturing the regional one-day title last month, utilised variations of pace and spin to add to his first innings collection of three for 53, to also claim his first 10-wicket haul.In the end, none of the top six Jamaica batsmen were able to pass 25. Thomas made 19, Kirk Edwards 16, Jermaine Blackwood five, and Devon Thomas eight.LAST-WICKET STANDIt took a defiant 47 last-wicket stand between spinner Nikita Miller, who was last man out for 28, and fast bowler Marquino Mindley, 23 not out, to bring some level of respectability to their score.However, thanks to enterprising batting from fast-rising opener, Evin Lewis, who closed on 66 not out, the Red Force went on to take control of the match.The 24-year-old, who recently returned from the Bangladesh Premier League Twenty20 and who scored an attractive 87 in the first innings, also expressed pleasure with his team’s showing.”We have only lost one wicket and we are on top,” he said. “It’s (now) important that we come out tomorrow, keep going as a team and get the remaining runs.”The left-hander, who looked at consummate ease while batting in each innings, also gave credit to Jagessar, who was recently selected in the Caribbean Premier League Twenty20 draft.”It was an excellent bowling performance by Jon-Russ,” he said. “We had a plan to bowl to the right handers and he went out there and did it and we are happy for it.SCOREBOARDSCORPIONS 1st Innings 225RED FORCE 1st Innings 206SCORPIONS 2nd Innings(overnight 13 without loss)S Thomas lbw b Jagessar 19*J Campbell st Katwaroo b Jagessar 23K Edwards c Lewis b Jagessar 10A McCarthy c Lewis b Jagessar 16J Blackwood lbw b Jagessar 5D Thomas b Jagessar 8+C Walton c Richards b Jagessar 4N Miller c Mohammed b Khan 28D Jacobs c Cariah b Jagessar 1S Cottrell lbw b Jagessar 8M Mindley not out 23Extras (b8, lb2) 10TOTAL (all out, 48.2 overs) 155Fall of wickets: 1-41, 2-58, 3-61, 4-79, 5-79, 6-91, 7-92, 8-96, 9-108, 10-155.Bowling: Emrit 9-4-11-0, Richards 13-4-35-1, Jagessar 24-4-58-8, Mohammed 3-1-6-0, Imran Khan 16.2-2-31-1, Ottley 3-1-4-0.RED FORCE 2nd Innings (target: 175 runs)E Lewis not out 66J Solozano c Miller b Campbell 19K Hope not out 14Extras ((lb11, w1, nb2) 14TOTAL (1 wkt, 38 overs) 113Fall of wicket: 1-66.Bowling: Cottrell 5-0-19-0 (nb1), Mindley 3-0-15-0 (w2), Miller 15-4-32-0, Campbell 8-3-26-1, Jacobs 7-3-10-0.Position: Red Force require a further 62 runs for victory with nine wickets intact.Toss: Scorpions.Umpires: V Smith, L Reifer.
According to evolutionists, modern man appeared 200,000 years ago, but civilization appeared only 8,000 years ago. We examine their explanations.An interesting question was asked on Quora and reproduced on Forbes.com: “Why Haven’t We Found Civilizations Older Than 7,000 – 8,000 years?” Taking the bat was Adam Wu, an evolutionary neurosurgeon from Saskatchewan. Here’s a synopsis of his answers:Civilization requires Edenic conditions with a large food surplus to get started, but there was no such place.Farming can only produce a food surplus in a very narrow range of environmental conditions.Civilization also requires a minimum population density.Early modern humans were coming out of an Ice Age 200,000 years ago, so few places for civilization existed.Early modern humans were tall and strong, making hunting and gathering preferable to farming in places of low population density.A genetic bottleneck occurred about 60,000 years ago, possibly due to the Toba supervolcano.The Ice Age didn’t end until about 20,000 to 12,000 years ago.As the weather warmed and population grew, conflict and famine created more pressures for humans to “think about” civilization.It’s not clear that anybody critiqued Wu’s answers, so we will.This list has all the makings of special pleading and confabulation. Where’s his evidence? The whole account is based on the absence of evidence. It’s a just-so story. He’s determined to preserve Darwin, so he makes things up out of his own head. What we do know is that civilization appears suddenly (see Gobekli Tepe, for instance, to say nothing of Ur), with intelligent people already making artwork, and soon keeping accounts with symbols on clay tablets. The timeline fits the Bible’s Table of Nations, not Darwinian evolution. Let’s reason why from the evidence we have about human capabilities.If modern humans lived 200,000 years ago, their brains and bodies were fully as capable as ours. Yet evolutionists expect us to believe that for over 20 times the time of all known human civilization, during which people went from simple villages to landing on the moon, these smart, strong, intelligent people did nothing but hunt and gather. Is that credible? Human beings are tremendously adaptable to handle any contingency. They can migrate (and indeed, they did—from Africa to Asia to Europe and beyond). They can build boats. They can make tools. They can skin animals and get comfortable at any temperature. They can invent things. They can look at a horse and think, “Hmmm; what happens if I hop on its back?” They can speak in abstract concepts, and communicate with semantic language (not just the hoots and hollers of apes).So let’s revisit Wu’s list with some critical thinking.Civilization does not require Edenic conditions. Humans today build villages in all kinds of habitats: Nepal, deserts, and remote islands.See #1. People farm in all kinds of conditions. Look at the farms of the southwest Native Americans in 1000 AD. Remember Mesa Verde? Chaco Canyon?Any family can civilize with a few individuals. Ever hear of the Pilgrims?Few places during Ice Age? Ridiculous. Africa was not affected, but that’s where Homo sapiens emerged, evolutionists say.Well, if they were tall and strong, they would have made great farmers. They were also sensible, remember?Population could recover fairly rapidly after a disaster, and it would not have affected people far from the volcano, e.g. in Africa or Asia. Why doesn’t he apply that excuse to animals and birds? The more reasonable human genetic bottleneck occurred at the Flood (8 people). Soon after, Noah’s descendants were building cities.Wu can’t keep blaming the Ice Age. Humans are smart enough to move to warmer areas. Egypt was pretty nice before the Sahara sands came.Conflict and famine has always been with mankind. That is not the motivation to civilize; it certainly is not the only one. There could be many peaceful motivations to civilize. People like to trade. People are inventive. They find new ways to do things and make their lives easier.Our responses are generous, considering only the time of “modern humans.” But evolutionists tell us that Neanderthals, Homo erectus and other upright large-brained humans were using tools, cooking food over controlled fire, and migrating long distances two million years ago. That’s close to 200 times the history of civilization! During all that time, nobody ever thought to settle down? There are even reports that Homo erectus crossed the ocean on watercraft. Certainly Homo sapiens without benefit of large civilizations made it to all the South Pacific islands in short order. If our ancestors were smart enough to do those things, they were smart enough to construct permanent dwellings, trade, cooperate and invent conveniences.Written records and artifacts show that civilization began in the Fertile Crescent—in multiple locations in that region almost simultaneously—about 6,000 years ago or less (8,000 years or more requires auxiliary assumptions and questionable dating methods). The tangible evidence fits the record in Genesis of the dispersion after the Tower of Babel, when language groups were motivated to move apart because they could no longer understand one another. They took their city-building skills with them. For more evidence, see the new film Is Genesis History? that airs again on March 2 and 7 in selected theaters.Quora and Forbes propagate and perpetuate Wu’s ridiculous answer, because no criticism of King Charles is allowed. That’s why we need sites like Creation-Evolution Headlines, to do the work that journalists should be doing. 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Share Facebook Twitter Google + LinkedIn Pinterest The British voted to leave the EU. This decision leaves many unknowns on how this will affect the market long term. So far, this hasn’t affected the grain markets significantly. However, with the dollar stronger, beans may be hit as exports will be more expensive. Are The Highs Over For The Year?It depends on the weather. If forecasts remain wet, the highs are likely done. If weather gets hot and dry, the sky is the limit. The next three weeks of forecasts will determine the corn market. Following is a summary of weather conditions:1/3 of corn belt – great conditions1/3 of corn belt – dry, needs rain1/3 of corn belt – “normal” for this time of yearWith timely rains, expect trend-line or above average yields. Large scale dry conditions may bring a market rally back to recent highs.WheatThe wheat harvest continues to push north and yields are great. There is too much wheat that needs a home. The market is noticing the wheat surplus and end users are trying to find ways to displace corn in the ration. As corn struggles, wheat will likely follow….both will hold the other back.BeansThe effects of weather on beans has more time than corn. Without a yield reduction, beans are likely overvalued long term. Market ActionIt has been a very busy two weeks. Following provides details on recent trades including strategy and rationale.1) Bean BasisLast week I finally priced all of my 2015 bean basis at –.70 the July futures basis picked up on the farm. With the very large carryout this year, I wanted to take the basis now versus waiting (it could be worse down the road). Also, my local processor rolled their bids from the July to November, which indicates they have sufficient coverage on and there is likely little upside basis potential left. In doing this roll they also further lowered the bid they were paying when the spreads in the market are factored in. This was 30 cents from the top of the market over the marketing year and 5 cents better than at harvest last fall.While I’m satisfied with the basis price, I was a little disappointed I didn’t hit the top. There were a few unexpected circumstances that made basis prices behave differently than in years past.Soymeal demand was lower than prior years, so processors didn’t need to push prices as expectedMore farmers took advantage of deferred pricing (DP) programs offered by local processors than ever beforeBean prices rallied unexpectedly in April, causing basis to fall apart. 2) Corn BasisLast week I priced 70% of my 2015 corn basis at -.42 basis picked up on the farm. This basis was 20 cents from the top of the market for the marketing year and 5 cents better than basis at harvest. I avoided long lines and moisture discounts by storing at home but I missed the chance at higher basis levels earlier in the year. Similar to beans I think there is limited basis potential by waiting at this point because many farmers still need to move their stored grain before harvest, which will likely ramp up in late July and August.This year basis moved a little uncharacteristically and I missed the top largely because of two unexpected factors:More farmers took advantage of deferred pricing (DP) programs offered by local processors than ever before, which enabled ethanol plants to procure corn without pushing basis higher.The unexpected 10 inches of rain in December in the upper Midwest caused large elevators with uncovered ground piles to move grain much earlier than intended. This suppressed demand and kept basis uncharacteristically lower. This has only happened once in the last 30 years (1993), so this was ultimately bad luck and not due to faulty strategy.I still have 10% of my 2015 production basis left to sell. I’m going to wait on this to see if there is a drought, which could cause a basis rally in my area. If a drought happens, I could store the last 10% and carry it over to the next year to get a better basis value. Obviously I don’t want a drought to happen, but I’m keeping a little flexibility in my marketing just in case it does.3) Bean SpreadIn late April I had a May futures position (sold at $9.20) I rolled to the July for a 10 cent premium ($9.30). Last week, fearing dry weather and increased exports could push the July prices to extreme inverses (when July is higher priced than futures months after it), I moved my futures position to the August at a 2.5 cent inverse or loss (now $9.265 against the Aug including commissions).Right now there is a 13-cent inverse (decrease) from Aug to Nov, which increases my risk of taking a loss yet on this trade. Typically beans adjust to a carry position closer to the delivery period when there is a large carryout (like we have in the market currently), so I’m going to wait it out. I think the risk is manageable and I’m comfortable with what I know today. Two months ago this spread was a 20 cent loss, so it is narrowing. This still leaves me 100% priced on my 2016 production at a $9.45 average.4) Corn Option #1On Dec. 10, 2015 I sold a $4.30 July corn call for 10 cents. On Tuesday last week when corn was lower, I bought back my sale for a half cent and half cent of commission or a total of 1 cent. While this option expired only three days later, I felt in case weather forecasts changed and pushed the market substantially higher I should exist the position. In other words, why risk 1 cent of profit for no real upside potential? I net 9 cents profit on this trade.5) Corn SpreadLast Nov I had 22% of my 2016 production hedged in Dec ’15 corn futures. I rolled those forward to the Jul ’16 contract hoping to pick up more in the spread between July and Dec than was offered in the market at the time (which was only 10 cents). This last week I rolled those July sales including the one in #6 below to the Sep futures for a 3.5-cent carry (or profit).I did this now because if weather forecasts show hot and dry, I would prefer the 3.5-cent profit versus taking a potential loss on the trade. I still have some risk on the Sep/Dec futures spread, but with potentially 1.7 billion bushels of U.S. corn carryout, I don’t think many end users will want to take grain delivery two weeks before harvest starts (when corn prices are usually at their lowest). The market needs to pay somebody to hold the grain into the future. I want to capitalize on that possibility and I’m willing to take a little risk on 33% of my crop for it. I’m expecting to take more than 8 cents on this Sep / Dec spread and thus doing better than what the market was giving me back in November.6) Corn Option #2On Feb. 19 I sold a $3.80 July corn call for 15 cents. With corn above $3.80 on the July ($3.85) my call turns into a futures contract. This is like a $3.95 sale against the July futures and I still have the potential of the spread between July and December futures. As illustrated in #5 above I have added another 3.5 cents making this trade worth $3.985 now. PositionWith the basis trades now set I can finally set my price for the 2015 crop year. I will reexamine the results of my 2015 sales in late August to assess how my trades look compared to the opportunities I was presented over the marketing year. POSITION – CORN20152016Corn Sold100%55%CBOT Price$4.58$4.17Market Carry$0.185$.25 estBasis on Farm($0.42)($.25) estOptions & spread profits–$0.03 estCash Price$4.34$4.20 estPOSITION – BEANS20152016Beans Sold100%100%CBOT Price$10.79$9.20Market Carry$0.165$.30 estBasis on Farm($0.70)($.30) estCash Price$10.25$9.20 est I have another 22% of my production locked up in covered calls. While they don’t provide downside protection, in a sideways market they are the best play. Even in up and down markets they provide some extra premium potential. Following is a summary of my current options position: Options-CornDate Option PlacedExpiration DateStrike PricePremium Received2/19/20168/26/2016$4.00$0.194/26/20168/26/2016$4.00$0.194/26/20168/26/2016$4.50$0.099/15/201511/25/2016$4.80$0.183/24/201611/25/2016$4.40$0.166/6/201611/25/2016$5.00$0.10 If corn futures were to rally, and all of these covered calls were hit, it would be an average sale price of $4.25 futures with 15 cents additional premium from the call value. That price value of $4.40 is well above my breakeven and after this week certainly looks like a value I would like to have on my entire crop.Jon grew up raising corn and soybeans on a farm near Beatrice, NE. Upon graduation from The University of Nebraska in Lincoln, he became a grain merchandiser and has been trading corn, soybeans and other grains for the last 18 years, building relationships with end-users in the process. After successfully marketing his father’s grain and getting his MBA, 10 years ago he started helping farmer clients market their grain based upon his principals of farmer education, reducing risk, understanding storage potential and using basis strategy to maximize individual farm operation profits. A big believer in farmer education of futures trading, Jon writes a weekly commentary to farmers interested in learning more and growing their farm operations.Trading of futures, options, swaps and other derivatives is risky and is not suitable for all persons. All of these investment products are leveraged, and you can lose more than your initial deposit. Each investment product is offered only to and from jurisdictions where solicitation and sale are lawful, and in accordance with applicable laws and regulations in such jurisdiction. The information provided here should not be relied upon as a substitute for independent research before making your investment decisions. Superior Feed Ingredients, LLC is merely providing this information for your general information and the information does not take into account any particular individual’s investment objectives, financial situation, or needs. All investors should obtain advice based on their unique situation before making any investment decision. The contents of this communication and any attachments are for informational purposes only and under no circumstances should they be construed as an offer to buy or sell, or a solicitation to buy or sell any future, option, swap or other derivative. The sources for the information and any opinions in this communication are believed to be reliable, but Superior Feed Ingredients, LLC does not warrant or guarantee the accuracy of such information or opinions. Superior Feed Ingredients, LLC and its principals and employees may take positions different from any positions described in this communication. Past results are not necessarily indicative of future results. He can be contacted at email@example.com.
Share Facebook Twitter Google + LinkedIn Pinterest The Ohio Soybean Association (OSA) and Ohio Soybean Council (OSC) welcomed Emilie Regula as the OSA Policy & Membership Coordinator/OSC Marketing & Outreach Coordinator.As Policy & Membership Coordinator, Regula will assist with OSA’s legislative and policy program, coordinate membership campaigns, and organize OSA participation in statewide, regional and national programs and events. As Marketing & Outreach Coordinator, Regula will assist with OSC’s marketing projects related to animal agriculture and soy biodiesel, and coordinate outreach to key industry partners.Regula joins OSA and OSC after several years of legislative experience, first as Legislative Aide with State Senator Frank LaRose, and then as Legislative Liaison with the Ohio Treasurer of State. Most recently Regula was Senior Legislative Aide in the office of State Senator Cliff Hite, chair of the Senate Agriculture Committee. Regula also is a graduate of the Jo Ann Davidson Ohio Leadership Institute.Regula grew up on her family’s Stark County farm and showed steers every year with her 4-H group. She earned a degree in Political Science from the University of Akron.
Star shooter Jitu Rai has been dropped from the latest list of sportspersons being supported by the much touted Target Olympic Podium Scheme (TOPS).Apart from Rai, fellow shooters Yashaswini Deswal, Amanpreet Singh and Neeraj Kumar have also been dropped from the scheme. The Sports Authourity of India (SAI) cited poor form as the reason for the exclusion.”Proposals of TOPS shooters of about Rs 50 lakhs who will be representing India at Asian Games and World Championships were approved at the meeting. A thorough performance review of shooters under TOPS was also undertaken and four shooters including Jitu Rai were dropped from the scheme, on grounds of recent below-par performances and non-selection in Asian Games and World Championship squads,” the SAI said in a statement.Jitu had enjoyed good performances earlier this year which include gold in the men’s 10m air pistol category at the Gold Coast Commonwealth Games in Australia last April.However, subsequent poor form saw him being dropped from the Indian squad for next month’s Asian Games.The SAI also informed that skeet shooters Mairaj Ahmad Khan and Sheeraz Sheikh will be provided a sports psychologist and physiotherapist for a brief period while trap shooter Seema Tomar will be given financial assistance to participate in the Italian Open Green Cup.”Skeet shooters Mairaj Ahmad Khan and Sheeraz Sheikh are both training under TOPS in Italy under world-renowned coach Ennio Falco. The committee approved the hiring of sports psychologist Giovanna Menditto and physiotherapist Bruno Beniamino for both shooters for a period of 10 days each at a combined cost of Rs. 6.13 Lakhs (Rs. 3.06 lakhs each),” the statement said.advertisement”An amount of Rs 3.25 lakh has been sanctioned to trap shooter Seema Tomar as financial assistance to participate in the Italian Open Green Cup competition from July 21 to August 1. The expenses will also include ammunition and gun maintenance,” the SAI added.”Rs. 6.43 lakhs has been sanctioned to double trap shooter Ankur Mittal. This amount includes the purchase of wooden stock, competition expenses for participating in the Italian Open Green Cup and training in Italy with coach Marcello Dradi at Conselice.”(With IANS inputs)
The Council is deemed pivotal to Jamaica’s engagements in the post-IMF era, which is anticipated will follow when the current US$1.7-billion Precautionary Stand-By Arrangement concludes in November 2019. He pointed out that this has been manifested by the Government’s engagement of wide-ranging stakeholder groups who have been “active” participants in policy discussions. Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says multi-stakeholder acceptance and ownership of Jamaica’s proposed independent Fiscal Council will be key to its success. Story Highlights Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says multi-stakeholder acceptance and ownership of Jamaica’s proposed independent Fiscal Council will be key to its success.Fiscal councils are permanent, independent, non-partisan institutions that are created by legislation and staffed by competent, experienced and technically proficient persons who help to promote economically sustainable fiscal policies across political cycles.Dr. Clarke, who was speaking at a recent Caribbean Policy Research Institute public forum at the University of the West Indies, Mona, St. Andrew, noted that a key feature of Jamaica’s recent economic success “is the extent to which there has been broad ownership of our economic reforms”.He pointed out that this has been manifested by the Government’s engagement of wide-ranging stakeholder groups who have been “active” participants in policy discussions.This, the Minister added, has contributed to engendering a degree of social cohesion which is “enviable”.“That’s why the emergence of this institution (Fiscal Council) has to represent Jamaica’s own evolution. We have to be true to how we got to this position of success… and (that is) because we had broad ownership and engagement,” he argued.As such, Dr. Clarke said the Council’s success must embody those principles, adding that “finding a way for (that) kind of engagement… is going to be important”.The proposed Fiscal Council is consistent with the Government’s plans to secure Jamaica’s gains under successive economic reform programmes with the International Monetary Fund (IMF), and build on the success of domestic partnership initiatives.The Council is deemed pivotal to Jamaica’s engagements in the post-IMF era, which is anticipated will follow when the current US$1.7-billion Precautionary Stand-By Arrangement concludes in November 2019.
zoomImage Courtesy: Pixabay (Pixabay License) A man has died after falling from a tug boat into the River Mersey near the Tranmere Oil Terminal in Wirral, according to the UK authorities.Emergency services were called to Liverpool Pier Head in the evening hours of January 27 following reports from the coastguard about the overboard incident.The man was rescued from the water at the Pier Head and taken to hospital by ambulance, where he was pronounced dead, Merseyside Police said.“At this point there has been no formal identification of the man. A post mortem will be carried out to establish a cause of death, which is currently being treated as unexplained. Witness and CCTV enquiries are ongoing.”Merseyside Police and the UK’s Marine Accident Investigation Branch (MAIB) have launched separate investigations into “the unexplained death” of the man.Tranmere Oil Terminal, located on the West side of the River Mersey, handles vessels of up to 65,000 tonnes. The terminal, which welcomes a total of 140 ships each year, is currently capable of handling cargo sizes up to 170,000 tonnes on part laden very large crude carriers (VLCCs).