Monday Storm Will Put Dent in National Corn Yields

first_imgAudio Playerhttps://www.hoosieragtoday.com/wp-content/uploads/2020/08/Storm-impact-on-markets.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.In the USDA August crop report Wednesday there will likely not be an adjustment to corn and soybean production from Monday night’s storm. But there was damage and that included crops. It was a derecho storm that swept through a wide area with straight-line winds, and Arlan Suderman of StoneX says 17 million acres of corn and 14 million acres of soybeans were in areas that had varying degrees of high winds.“It’s fortunate that it didn’t happen a month earlier when the stalks were much more brittle and we would have more green snap than we ended up, having just more bent over and laid over plants that’ll try to straighten up,” he said. “It’ll still impact grain fill because the Pythium inside that stalk has been damaged transferring water and nutrients up to that ear. So, we look for maybe a 10 to 20 percent yield reduction in those fields that are able to stand back up, but still took some significant damage.”The corn crop is the most susceptible to damage, and Suderman says there will eventually be lost production factored in.“Right now we’re looking at between 200 and 400 million bushels of lost production off of whatever potential you want to use, pulling about 2.5 to 4.5 bushels per acre off the national yield, again whatever national yield you want to use, trend yield, above trend yield like the trade seems to be anticipating. Regardless, it still leaves us with adequate supplies and no need to ration demand with higher prices.”He says even more significant is the damage impact upon storage facilities.“Right ahead of harvest, farmer bins that were destroyed and then commercial grain facilities that were destroyed, that’s going to have a big negative impact on basis in those areas that saw that destruction of the storage facilities,” Suderman told HAT.All of this due to a Monday storm that brought hurricane force winds to the corn belt.“We saw hurricane force winds of better than 75 miles per hour, 65 knots roughly as they define it, going through central Iowa, first starting in eastern Nebraska near the Omaha area, through central Iowa and in scattered areas of the northern half of Illinois,” he explained. “Then they started to ease off as everything kind of spread out to the south and east across Indiana, Michigan and into western Ohio. There were numerous wind reports in the 40-60 mph range scattered within that area as well.”The peak winds seen by StoneX resources topped 90 and even 100 miles per hour in the Iowa and northern Illinois regions in the storm path. SHARE Facebook Twitter Monday Storm Will Put Dent in National Corn Yields Home Indiana Agriculture News Monday Storm Will Put Dent in National Corn Yields By Andy Eubank – Aug 11, 2020 Previous articleHazlett Shifting From White House to PurdueNext articleExperts to Break Down USDA Report on Thursday Lunch Time Webinar Andy Eubank SHARE Facebook Twitterlast_img read more

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NMC’s Peter Hofstetter Named CEO of the Year

first_imgPeter Hofstetter, Chief Executive Officer of Northwestern Medical Center, was awarded QHR’s first annual “CEO of the Year” award during their annual meeting in Brentwood, TN, Thursday, June 5, 2008. Peter was chosen from among more than 150 of his hospital CEO peers across the U.S. for this great honor.QHR is one of the quiet partners in NMC’s success. Dating back to the hospital merger in the late 1970’s, NMC has enjoyed the benefits of management, consulting, and education services provided by QHR, formerly known as Quorum Health Resources. Jim Horrar, President of QHR, presented Peter with his award, saying When one considers the fundamental aspects of a leader, many qualities come to mind including strategic foresight, enthusiasm, emotional intelligence, effective communication, determination, and loyalty (just to name a few). Peter Hofstetter personifies these qualities as CEO for Northwestern Medical Center (NMC) in St. Albans, Vermont and has been doing so for many years. Horrar added, Northwestern Medical Center has thrived under Peter’s leadership for the past 15 years always ranked as one of the top performers statewide and in the company for financial, customer service, and quality. NMC has strong days cash on hand and operating margin, an updated facility, little debt, and a positive culture making it one of the top places to work in northern Vermont.Peter has always maintained an open door policy to employee and physician concerns which has fostered this open and inclusive environment. He leads by example as his employees know they will never be asked to do something that he wouldn’t do himself, with ethics and integrity serving as the cornerstones of his value system, he said.John Casavant, President of NMC’s Board of Directors, agrees with Horrar’s comments, adding, Peter is certainly deserving of this recognition from QHR, and we applaud their decision to recognize him with their first annual CEO of the Year Award. We are very fortunate to have such a tremendous professional leading our hospital, as well as sharing his vision, energy, and support to many organizations in our community and throughout the state. I’m proud of NMC’s work, in large part because of Peter’s dedication to doing the right thing for our hospital and our community.Northwestern Medical Center, nestled at the top of Fairfield Street in St. Albans, Vermont, provides nationally award winning health care, in an intimate, collaborative setting. For more information about NMC, visit us online at www.northwesternmedicalcenter.org(link is external).last_img read more

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7 reasons you’re less productive in the summer

first_imgAmericans are terrible at taking vacations, and that’s a shame, because they aren’t helping their companies or themselves. People are just less productive in summer, for a whole host of reasons. So you might as well hang out at the beach anyway.Americans wasted a record-setting 658 million vacation days in 2015, left on the table by 55% of workers, according to Project: Time Off’s new report, The State of American Vacation. The group says Americans’ vacation habits are amid a decades-long decline in usage. A pile of other past studies make this same point. The average American gives $500 of free labor to their employers every year; the average millennial works during vacation, with 1-in-4 working every single vacation day.All this lack of sun isn’t really doing anyone any favors. Because the truth is summer slowdowns are real, and you probably aren’t getting much done anyway. Here are seven reasons why you, and everyone else, really is less productive in summer. continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Bangladesh garment exports rebound from coronavirus crunch

first_imgThe reinstatement of cancelled orders from retail titans including H&M, Primark and Walmart has revived the industry even though Bangladesh is still suffering from the pandemic, BGMEA spokesman Khan Monirul Alam Shuvo told AFP.Some companies say they are now looking for thousands of workers to cope with new orders. The association said in April that western retailers, who normally buy around $30 billion worth of garments each year, cancelled $3.2 billion-worth after the virus forced stores to shut down.Shipments collapsed 83 percent in April and more than 50 percent in May.  Bangladesh’s crucial textile industry saw a sharp rebound from the coronavirus crisis in August, with exports surging nearly 50 percent as factories swung into full gear to meet orders from global retailers, officials said Tuesday.Shipments of ready-made clothes hit $3.3 billion, up from $2.3 billion a year earlier, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said.The garment industry is the cornerstone of the economy in Bangladesh, the world’s second largest exporter of the goods after China.  “Some 80 percent of those orders have since been reinstated,” Shuvo said. “Still, we have to wait another five months to see a clear picture.”Because of the pandemic, Bangladesh closed factories for one month from March 26. The 4,500 garment factories employ more than four million workers — about two-thirds of them women — and hundreds of thousands were laid off.Hannan Group, which exports high-end fashion to brands such as Esprit and Casamoda in Europe, said it has recruited nearly 1,600 workers in the past two months.”I think the worst is over. Some retailers have placed new orders and revived some old orders. We need new workers to make the shipment deadline,” Hannan chairman A.B.M Shamsuddin, whose companies employ 12,000 people, told AFP.center_img Topics :last_img read more

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Nacho Monreal could play against Tottenham before completing Real Sociedad transfer

first_img Comment Advertisement Advertisement Metro Sport ReporterThursday 29 Aug 2019 9:46 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.2kShares Nacho Monreal is set to leave Arsenal (Picture: Getty)Arsenal star Nacho Monreal could make a farewell appearance for the club in Sunday’s north London derby against Tottenham before joining Real Sociedad.The Spaniard is believed to have agreed personal terms with the San Sebastian club that will see him return to Spain after seven years in England.Monreal played 90 minutes in Arsenal’s 3-1 defeat to Liverpool last weekend but Unai Emery is happy to let the 33-year-old leave following the arrival of Kieran Tierney from Celtic.The European transfer window closes on September 2nd but – without the injured Tierney – Arsenal remain light at left-back and Emery is considering giving Monreal a farewell appearance on Sunday.ADVERTISEMENT Monreal could be given a farewell appearance (Picture: Getty)It could mean that Monreal’s final appearance for the club comes against arch rivals Tottenham and he’ll be allowed to leave within 24 hours to return to Spain.AdvertisementAdvertisementEmery admitted last weekend that Monreal could be on his way out of the club.‘Some players can leave but we cannot sign another and it depends a little over the next days how we can decide about some circumstances with some players,’ admitted Emery.‘With Nacho one possibility is open and we are going to speak about that.’MORE: Which teams can Chelsea get in the Champions League group stage draw? Nacho Monreal could play against Tottenham before completing Real Sociedad transferlast_img read more

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