Chicken feed

first_imgBy Stephanie SchupskaUniversity of GeorgiaChickens eat corn. And until last year, they didn’t have to worry too much about fighting cars for their feed.But with 20 percent of all U.S. corn now going into making ethanol, poultry growers not only have the regular worries but have to consider how much they’re willing to pay for grain, too.And that’s a big deal in Georgia. Broilers are the top moneymaking agriculture industry for the state, with $3.95 billion in farm value. Eggs are sixth in Georgia with a value of $422.5 million.When corn prices go up, the state feels it.Georgia farmers used 212 million bushels of corn in 2006, said agricultural economist John McKissick, director of the University of Georgia Center for Agribusiness and Economic Development.“We produced about 26 million bushels,” he said. “We’re about 200 million bushels in debt. Looking at that, you can subtract $200 million from the livestock industry every time there is a dollar increase in a bushel of corn.”Corn’s price increase has thrown the poultry industry a double whammy, increasing production costs during a time when producers are suffering from lower sale prices.“A good thing about the poultry industry is that it’s able to adjust faster to higher feed costs,” said Mike Lacy, the poultry science department head in the UGA College of Agricultural and Environmental Sciences.McKissick said poultry producers have adjusted by reducing their bird numbers. In 2004, broiler production was at 34 million pounds, and the average price was 74 cents per pound. In 2007, the projected broiler production is still up, but only about 2.5 million pounds more. And the average price is 67.5 cents per pound.“Even the third largest corn crop on record couldn’t save the major feed ingredient, corn, from doubling in price by the end of 2006,” he said. Growing “competition for the 2007 corn crop from ethanol producers makes any feed cost decline unlikely.”In 2002, ethanol plants consumed a little more than 1 billion bushels of corn, McKissick said. This year, they’ll use more than 2 billion. The federal government is pushing to use 35 billion bushels for ethanol production by 2013.“That’s more than half of the corn [grown] currently,” he said.But there’s a silver lining somewhere in the middle of the corn fight. Georgia has one of the major ingredients for another biofuel — biodiesel — in the form of chicken fat.“We’re actually below the break-even point for biodiesel, unless we use lower-priced animal fat to produce it,” McKissick said.But before chickens produce fat, they have to eat.“The corn prices are a huge concern,” Lacy said. “I’m really concerned about a train wreck with corn supply, corn demand and corn prices.” The concern grows because the United States has used up most of its corn reserves.The bottom line on corn for poultry producers is that it actually depends on corn growers.“We need to plant 8 million to 10 million more acres of corn in the U.S. to meet the demand,” McKissick said. “If we don’t, we haven’t seen high corn prices yet.”(Stephanie Schupska is a news editor for the University of Georgia College of Agricultural and Environmental Sciences.)last_img read more

Pompeo Condemns Maduro Government’s ‘Safe Haven, Aid, and Comfort’ to Terrorist Groups

first_imgBy Voice of America (VOA)/Edited by Diálogo Staff October 15, 2020 U.S. Secretary of State Mike Pompeo again condemned the actions of dictator Nicolás Maduro, on September 19, which according to him protect terrorist organizations.During a virtual press conference held with Colombian President Iván Duque, following the U.S. secretary of State’s visit to the Colombian Presidential Palace, Pompeo said that they discussed the need for Colombia to have “lasting and just peace,” and he described the actions of dissidents of the Revolutionary Armed Forces of Colombia (FARC, in Spanish), the National Liberation Army (ELN, in Spanish), and other terrorist groups as “unacceptable,” adding that they “cannot be tolerated.”He also condemned “the actions of regimes like Maduro’s, which provide safe haven, aid, and indeed comfort to those terrorists.”Secretary Pompeo also thanked Duque for the support provided to Venezuelan Interim President Juan Guaidó and for the “democratic transition for a sovereign Venezuela free of malign influence from Cuba, from Russia, from Iran.”“You are a true leader for the region and the dignity of all its people,” the head of U.S. diplomacy added.For his part, Duque referred to the recent United Nations report, which confirmed that there are logical reasons to believe that Maduro and his ministers of Interior and Defense ordered or contributed to perpetrating the crimes documented in the report to silence the opposition.He said that this investigation confirms “that Nicolás Maduro is […] responsible for crimes against humanity, as well as his inner circle, and urges that actions be adopted within the framework of the international justice system.”This report, he added, “must serve to validate what has already been announced by the Organization of American States, and it is that there is a regime of violations of human rights that is systematic. And above all, the head of the dictatorship is a war criminal, and the international community must act to put an end to the situation. And in that regard, you and I are like-minded, and we will continue urging the international community, because that has to stop in Venezuela.”Duque and Pompeo’s meeting focused on the situation of Venezuelan migrants, among other issues.Pompeo congratulated the Colombian government for its handling of public health during the coronavirus pandemic, adding that it helped save the lives of thousands of Colombian and Venezuelan nationals.“Your public health work has saved tens of thousands of lives. You and the Colombian people should be very proud of that.”Duque thanked the United States for its support in the delivery of ventilators and for lessons learned from communications with U.S. epidemiological authorities, as well as  “bilateral contact with several U.S. companies making strides in this area so that we can guarantee the Colombian people have access to a vaccine.”Fight against drugs and terrorismSecretary Pompeo described the efforts of the Duque administration as “exemplary” in the fight against drugs and said that “Colombian law enforcement, even in these difficult times, has stepped up cocaine interdiction and eradication. You manually cleared 57 percent more coca fields in 2019 than in the year prior.”In this regard, Duque said that in 2019, “we achieved the highest reduction in coca-cultivated area in the last six years,” and he praised the Orion Naval Campaign, where, according to the president, the United States and 23 other countries “have managed to engage in the largest interdiction operation against drug trafficking in the Caribbean.”The Colombian president expressed thanks for the help of “the USAID cooperation agency because they have stood by us in projects such as the multipurpose registry, the massive issuance of title deeds for land, and reaching out to the communities hardest hit by violence and poverty.”Additionally, Duque highlighted the U.S. support in confronting ELN guerrillas and FARC dissidents, among other “very dangerous criminal rings,” and in the peace with legality process.last_img read more

Yellen expects slow rate rise to begin in 2015

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The Federal Reserve will likely begin to increase the federal funds rate target this year if inflation remains stable and the economy can sustain employment growth, Fed Chair Janet Yellen said Thursday.Speaking at the University of Massachusetts at Amherst, Yellen said she and the Federal Open Market Committee expect the U.S. economy will be able to achieve maximum employment and maintain stable price expectations.“Most FOMC participants, including myself, currently anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter,” she said. “But if the economy surprises us, our judgments about appropriate monetary policy will change.”The FOMC on Sept. 17 left the federal funds rate – now at a range of 0 to 0.25 percent – unchanged and gave no hard indication of when liftoff might occur. NAFCU Director of Research and Chief Economist Curt Long said Yellen’s statement Thursday suggested the Fed sees a path forward. continue reading »last_img read more

17 quirky ways to save extra money this summer

first_img 28SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr With the hype around spring cleaning and beach ready bodies, it’s time to give our personal finances some seasonal love. With longer days, better weather and relaxed attitudes, summer is a great time to amp up the mindfulness and institute some savvy habits. Here are a few ways to beef up your bank account by September.1. Traveling internationally? Check your cards.Thanks to a strong dollar and low gas prices, international travel is cheaper than ever. And it seems that Americans are catching on. A new survey by Synchrony Financial  found that more Americans are planning on  traveling in 2016 because of lower gas prices.Take advantage of this perfect storm and book now. But before you go, make sure you have at least one credit card with no foreign transaction rates. With the variety of cards available that offer no fees, there is no need to be paying an extra 1 to 3 percent per transaction. continue reading »last_img read more

Huntington Station Man Found Dead

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Suffolk County police are investigating whether a 33-year-old man who was found dead in his hometown of Huntington Station was a victim of foul play over the weekend, authorities said.Officers responded to West Hills Road, where William Sarcenolima was found partially in the roadway between 7th and 8th avenues after 4 a.m. Sunday, police said.The victim was taken to Huntington Hospital, where he was pronounced dead. His body was then taken to the Suffolk County Medical Examiner’s office, where an autopsy will be performed to determine the cause of death.Homicide Squad detectives are investigating the possibility that Sarcenolima was a victim of violence and ask anyone with information on this case to call them at 631-852-6392 or call anonymously to Crime Stoppers at 1-800-220-TIPS.last_img read more

Aubamayeng reveals Mikel Arteta’s half-time team talk in Arsenal’s draw with Bournemouth

first_imgThe Spanish coach was denied victory in his first match in charge (Picture: Getty)Arsenal captain Pierre-Emerick Aubameyang has revealed that Mikel Arteta was upbeat in his first half-time team talk with his new team, encouraging them to keep playing their own style against Bournemouth.The Gunners went behind in the first period to Dan Gosling’s strike but gave a much better showing in the second half, with Aubameyang grabbing a deserved equaliser.Arsenal had chances to win the game, though ultimately had to settle for a 1-1 draw in Arteta’s first game in charge, and star striker Aubameyang believes the squad have already shown promising signs under their new boss. Pierre-Emerick Aubameyang reveals what Mikel Arteta told Arsenal players at half-time against Bournemouth Metro Sport ReporterThursday 26 Dec 2019 5:24 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link8.6kShares Gosling had put Bournemouth ahead but the Arsenal rallied in the second half (Picture: Getty)Arteta echoed the thoughts of his skipper after the match and felt his side showed some promising signs against Bournemouth.Asked about Aubameyang’s remarks, he agreed, saying: ‘Absolutely. In terms of attitude, desire, creation and commitment it was better than I expected, to be fair. They are not used to playing at this rhythm but a lot of things that I saw in terms of attitude were terrific.’MORE: Mikel Arteta explains Mesut Ozil decision after naming first Arsenal starting XIMORE: Mikel Arteta urges Arsenal to raid Juventus in January for Adrien RabiotMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City Commentcenter_img Aubameyang’s goal secured a hard-fought point for the Gunners (Picture: Getty)Asked what Arteta said at half-time to spark a response after the restart, Aubameyang told Amazon Prime Video: ‘He just said to continue with the same engagement and to try to play and to respect our plan and that was working in the second half, and that’s it.’AdvertisementAdvertisementADVERTISEMENTArteta had encouraged his players to play at a quicker tempo and with more aggression before the match, working on those qualities in training, and Aubameyang feels the side did exactly that.Asked if Arsenal had done what Arteta asked, Aubameyang continued: ‘Yeah I think so. As I said, everybody was working hard, was aggressive, and trying to play as he likes – and as we like.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘I think we are on a good way and hopefully we will try to improve. We know our next games are quite hard but we are confident.‘We missed a lot of chances in the second half. We should get the three points today but that can happen. I think the attitude of the boys was great but we have to improve our chances.’ Advertisement Advertisementlast_img read more

A love affair with West End has led this couple to downsize and move

first_imgAnil and Ritu Advani fell in love with West End back in 2007, ten years later they have purchased their dream apartment in the Ferry Rd development at West End.IT WAS love at first sight for these Ferry Rd buyers who had been searching high and low for the perfect downsizing property without any luck.Anil and Ritu Advani had been in the market for six years and had extended their hunt for the perfect apartment to New Farm and Teneriffe, but it was Ferry Rd in West End that eventually ticked all of the boxes. Ferry Rd in West EndMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours agoMs Advani said the main attraction for her was the modern decor and beautiful kitchen.“The three metre island bench is beyond anything that we had seen in other inner-city apartments. It is easy to see that the kitchen has been thoughtfully designed and the finishes are outstanding,” she said.“As soon as we found Ferry Rd. we just knew that this was to be our new home, it ticked all of the boxes … there is an abundance of natural light throughout the apartment, the layout and design makes sense — there is no wasted space and the living areas flow really well”.Ms Advani said that being downsizers they wanted something spacious.“Coming from a spacious high set house and downsizing, we didn’t want to feel like we wereliving in a soaring complex, in a typical apartment with a contained feel. Ferry Rd. offers aboutique style that most others didn’t,” she said. Ferry Rd in West End“Buying at Ferry Rd was a lifestyle choice for us, we have reached the time in our lives where we can relax and enjoy a maintenance free lifestyle,” they said.“Living at Ferry Rd means that we can be close to a lot of entertainment options and restaurants, without compromising on the space or the quality of life that our family home currently delivers. We love that Ferry Rd is near the city, but not in the city.”Designed for the owner-occupier and downsizer, Ferry Rd is developer Stockwell’s latest riverside development, with three-bedroom apartments starting at $880,000.To date 46 per cent of the 60 apartments have sold equalling $22.7 million in sales, with three-bedroom apartments making up the majority of the remaining stock, priced from $880,000 to $990,000.center_img Ferry Rd in West EndThe Advani’s said they fell in love with West End back in 2007 when they purchased an “off the plan” apartment for their daughter at Stockwell’s Riverpoint.“After seeing the quality apartments that Stockwell delivered at Riverpoint and the opportunitiesthat living in West End brought our daughter, we knew that we were ready to downsize”.last_img read more

Redland Bay is a property hot spot as buyers dry up land supply

first_imgRedland Bay is hot property with demand threatening to outstrip supply on homesites.REDLAND BAY is in hot demand as developers struggle to keep up the supply of homesites as buyers hone in on value properties.With new homesites selling at an average of $545sq m, compared to similar offerings on the Redcliffe Peninsula of $839sq m plus, buyers are realising the value and jumping in before it’s too late.Colliers International residential analyst James Forrester has been tracking the sales performance of the region, 35km southeast of the Brisbane CBD.“In 2016, the Redland Bay and surrounds — Thornlands, Victoria Point and Mount Cotton — recorded 399 settled land sales at an average price of $305,324, with a typical lot being 560sq m in size,” he said. Kinross Rd, Thornlands by Ausbuild.“In the last two years the sales in this region have increased by 26 per cent with an average sale price increasing by 7 per cent to $305,324.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours ago“Nonetheless this is still some of the most affordable bayside living in Australia, this close to a capital city.”Colliers International associate director Daniel Hirst said currently there were only about 100 land lots remaining for sale in the region within a number of existing master planned communities.“The Redlands region is an ideally located residential corridor in southeast Queensland, thanks to the bayside lifestyle, its proximity to the Brisbane City, variety of shopping, sporting, schooling and leisure facilities, and access to main arterial roads and public transport,” Mr Hirst said. Villa World display village in Thornlands.“The more people realise the potential of what Redlands has to offer the more popular it will become, as it is still a relatively undeveloped and unknown region.“Further demand for housing will be spurred on by the proposed 42ha Weinam Creek Marina development which is designed to be the cultural hub of Redland Bay.”The new waterfront development will have open space, shops, restaurants and cafes, with it expected to bring not only tourism to the region, but employment opportunities as well.“With the increasing demand, now is the time to capitalise and buy land before the prices increase and the land shortage becomes a critical issue,” Mr Hirst said.Ausbuild have a stronghold in the Redlands market with four major land estates in Thornlands. Kinross and Altitude estates launched earlier this year, with prices starting from $265,000, while Esperance and Majestic have almost sold out.Villa World also has a number of projects on the bayside in Thornlands with Waterline down to its final two homesites and Affinity’s final release with just five lots left.last_img read more

European Commission re-shuffles staff at FISMA Directorate-General

first_imgMusical chairs for top positions affecting three key directors in the Cabinet of the European Commission’s Directorate-General (DG) for Financial Stability, Financial Services and Capital Markets Union (FISMA) are due to come into effect on 1 May.Martin Merlin will take over directorship covering financial institutions.The DG looks after the regulation and prudential supervision of banking, retail financial services and insurance and pensions.Reporting to him, Nathalie Berger remains in position. Merlin’s background, starting in 1997, includes working on insurance and pension funds issues.He will replace Mario Nava, who will move to the directorate dealing with financial system surveillance and crisis management.This includes euro-zone and national financial systems, as well as crisis management.In Merlin’s former position in the Cabinet was Ugo Bassi. His role will embrace the Capital Markets Union programme, financial markets infrastructure, securities markets and asset management.In former years, Bassi’s responsibilities covered “capital and companies”.John Berrigan, as deputy director-general, continues to oversee the four policy directorates, including the one for investment and company reporting, for which the director’s post will be filled in due course.Director-general for FISMA remains Olivier Guersent, who reports to commissioner Jonathan Hill. On 1 September 2015, Guersent replaced Jonathan Faull, who was appointed director-general of the Task Force for Strategic Issues Related to the UK Referendum.The European Commission said it re-shuffled its staff at FISMA in an effort to “make the best use of its resources”.  Unchanged in her position is Pamela Brumpter-Coret, in charge of human and financial resources, and communication.last_img read more

SeaBird to take ownership of CGG vessel in October

first_imgAn agreement for the acquisition of the Geowave Voyager vessel by seismic services provider SeaBird Exploration from France’s CGG has become effective and closing of the transaction is expected in October. Geowave Voyager seismic vessel. Photo by William Murphy/Flickr – under the CC BY-SA 2.0 licenseSeaBird Exploration began talks to buy the Geowave Voyager vessel and some seismic equipment from CGG back in mid-July.The Geowave Voyager was built in 2009 for an original construction cost of $120 million, excluding in-sea recording and source equipment, and has the capacity to tow up to 10 streamers.The vessel has remained warm throughout the downturn and it will be utilized as a source vessel for CGG during 3Q 2018.SeaBird said on Wednesday that the agreement with CGG became effective and unconditional following a successful technical inspection of the vessel.The closing of the transaction is expected to be completed in October 2018. SeaBird will pay 10% of the cash consideration upon completion of the technical inspection and the remaining 90% will be paid on closing.The company added that the condition for completion of the NOK 120 million ($14.6 million) private placement was satisfied. It is worth stating that the private placement will be used to partly fund the acquisition of the vessel. Payment for and delivery of the offer shares will be on or about August 6.Strategically, the transaction will provide SeaBird with a suitable quality vessel further strengthening its position and service offering in the 2D, source and niche 3D markets.last_img read more