Sports Briefs

first_img FIFA to hand over emails GENEVA (AP): FIFA relented and handed over emails from suspended official Jerome Valcke yesterday having blocked access even as Sepp Blatter pledged support for American and Swiss investigations of corruption. The embattled governing body should cooperate “no matter how close to home those investigations get,” Blatter, who is targeted by both criminal cases, had said earlier yesterday. Blatter’s comments seemed at odds with FIFA’s behaviour during a stand-off with Switzerland’s attorney general Michael Lauber. FIFA had continued to block attempts to unseal emails from Valcke’s business and personal accounts despite Lauber’s public request on Wednesday. The stand-off ended late yesterday afternoon when FIFA finally stopped, insisting that “several conditions will be fulfilled,” Lauber’s office said. Foreign players back PSL T20 ISLAMABAD (AP): Top cricketers from England, West Indies, Bangladesh, Sri Lanka and Bangladesh have agreed to play in the first Pakistan Super League (PSL) Twenty20 tournament next year in the United Arab Emirates. The Pakistan Cricket Board (PCB) said yesterday it will organise the PSL in Dubai and Sharjah between February 4-24, with five teams competing. “Some of the big names who have consented to play the PSL include Kevin Pietersen, Chris Gayle, Kieron Pollard, AndrÈ Russell, Dwayne Bravo, Luke Wright, Shakib Al Hassan, Lasith Malinga, Sunil Narine, and Angelo Mathews,” the PCB said in a statement. Pakistan has been trying to organise its first Twenty20 league for the last two years and had also shortlisted Doha, Qatar as the venue for the event before finally getting the stadiums in two major cities in the United Arab Emirates. “Franchise owners will be inducted between mid to end November, after which the foreign and local players will be drafted and teams constituted,” said Najam Sethi, chairman of the governing council of the PSL. Cummins out of Bangladesh tour MELBOURNE, Australia (AP): Australia fast bowler Pat Cummins will miss a two-Test tour of Bangladesh due to a new stress fracture in his back, and Cricket Australia said yesterday he will be replaced by all-rounder James Faulkner. The 22-year-old Cummins has been affected by back and other injuries for most of his young career and has not played a Test since his debut in South Africa in 2011. But after playing 13 one-day internationals and four Twenty20 games for Australia since November, he was expected to play in Bangladesh and in upcoming home Tests against New Zealand and the West Indies. Cricket Australia physiotherapist David Beakley said Cummins experienced recent lower back pain and a scan showed a “new early-stage lumbar bone stress fracture,” adding that Cummins will undergo a lengthy rehabilitation programme.last_img read more

Water begins to recede

first_imgCanal No 1 flooding… as farmers report tremendous lossesEven as the heavy downpours continue across the country, residents of Canal Number One Polder, West Bank Demerara (WBD), are now picking up the pieces as the floodwaters begins to recede.Workers clearing the main drainage canalGood Hope, Canal Number One resident, Sattie (only name given), told Guyana Times that for the 20 years she has been living in the area, this is the second time she experienced such devastating flooding.“The water was terrible. It go down a lot. It started to go down about three days ago and we glad it going down because we can dwell outside now because for the whole holiday season, we went inside and couldn’t come out,” the woman lamented.The lower part of Canal Number One Polder, WBD, has been flooded since December 20, 2017, with the water continuously rising. However, for the predominantly farming community, their livelihood remains threatened since the water is yet to begin to recede from their farms.This yard remains inundatedSattie’s husband, Edward, said the last time his pineapple farm was under so much water was during the 2005 floods. He explained that he farms over three acres of pineapple along with ground provisions and plantains.“The yard is not so much but is the farm at the back. I had plantain, cassava and pine. Is three acres of pine gone down the drain there… some of the pine buss out already and they a turn like apple you nah got nothing fuh get back from that. The pines just getting small and is over two weeks now that it deh under water,” he said.Meanwhile, large-scale fruit farmer Hemraj Persaud Boodhoo said his losses are estimated to be in the millions, since most of his fruit trees have begun dying.On a visit to a section of Boodhoo’s farm, Guyana Times observed at least one cashew tree uprooted while thousands of pineapple plants were covered in water. The farmer explained that the roots of the pineapple plants have already begun rotting and soon those will die, adding that they have been covered in over four feet of water for approximately two weeks.Hemraj Persaud Boodhoo displays the water level in one section of his farm“The canal was in bad condition. They cleaned up to November and left this bottom part, when we asked they said that the contract closed. Beardman (Deokinandan) was the contractor and does only get two months contract but they didn’t pay him since June according to what he said,” the man related.Boodhoo said they are yet to hear any official word from the authorities, noting that they would only come to inspect the canal but not interact with the farmers. The man said he cannot estimate his losses but added that he would have invested millions into the preparation of his farm as well as the maintenance of it.Meanwhile, a source close to Deokinandan related that the man is owed in excess of $10 million for works he would have completed in both Canals One and Two, and withdrew his services after not being paid for over eight months.The reason the residents experienced such severe flooding is because the main drainage canal has been neglected for some time. The National Drainage and Irrigation Authority, which has responsibility for the Canal only, began cleaning it one week following the flooding. The Civil Defence Commission last Friday distributed sanitisation hampers when Minister of State Joseph Harmon visited, and the residents says that they are yet to hear anything from teams that visited.Efforts to contact the regional authorities on the issue proved futile.last_img read more

Nadal, Djokovic to test injuries at Kooyong

first_img0Shares0000Novak Djokovic hasn’t played competitively since a right elbow problem forced him to quit Wimbledon in the quarter-finals in July © AFP/File / GLYN KIRKMELBOURNE, Australia, Jan 8 – Rafael Nadal and Novak Djokovic will use the Kooyong Classic starting Tuesday as a convenient emergency stop to gain much-needed match practice as the pair return from injury in time for the Australian Open.Not since the glory days of Andre Agassi and Pete Sampras nearly two decades ago and more recently Roger Federer, has the long-time exhibition event hosted as distinguished a field. The upcoming edition will feature five of the world’s top 10, including ATP Finals runner-up and two-time Kooyong champion David Goffin, Austrian Dominic Thiem, Croat Marin Cilic and Spain’s Pablo Carreno Busta.Under the ad-hoc rules, late additions Nadal and Djokovic will be playing practice matches.World number one Nadal, who missed the warm-up Brisbane International last week with a knee injury, is set for just one appearance on Tuesday when he faces France’s Richard Gasquet.Djokovic, who hasn’t played competitively since a right elbow problem forced him to quit Wimbledon in the quarter-finals in July, is due on court on Wednesday to play Thiem.“The addition of both Novak and Rafa changes our schedule and the way we will run the four days but that’s what Kooyong is all about, we are here to help the players get ready for the Open,” said tournament director Peter Johnston.The women’s draw, now into a second season after being introduced in 2017, includes new Hopman Cup champion Belinda Bencic of Switzerland, German Andrea Petkovic, Aussie teen Destanee Aiava and young Chinese star Wang Xinyu.Pat Cash, the 1987 Australian Open winner who now coaches American CoCo Vandeweghe, serves as official ambassador for the event and said it would be good preparation for Djokovic and Nadal.“Everyone will be watching Rafa’s legs and Novak’s arm,” he said.“It can make for a very exciting week of tennis. Both guys had good preparation, they just suffered setbacks. But when those come within a couple of weeks from the Australian Open, it’s a bit of a worry.“They have to be absolutely ready, players can be quite anxious about it all.”The first day of play features four matches, with Nadal against Gasquet, Goffin facing Carreno Busta and wayward Australian Bernard Tomic taking on Japan’s Yoshihito Nishioka.Among the women, young Australian Aiava plays Petkovic.0Shares0000(Visited 1 times, 1 visits today)last_img read more

Steve Davis appointed Leyton Orient head coach on two-year contract

first_imgLeyton Orient have appointed former Crewe boss Steve Davis as the club’s new head coach.Davis, 51, has signed a two-year contract with the Os, who were relegated to the National League at the end of last season.“The club is delighted to announce the appointment of Steve Davis as head coach,” the Os said on their official website.“Davis has penned a two-year contract at the Matchroom Stadium and will work with assistant coach Ross Embleton as the first team continue to prepare for the 2017-18 season.”Davis was the fourth longest serving manager in the top four divisions when he was sacked by Crewe in January.He began his managerial career at Northwich Victoria and moved on to Nantwich Town before joining Crewe as assistant boss in May 2009.Crewe made him manager in November 2011 and he was in charge for a total of 272 games at Gresty Road.Orient’s 112-year stay in the Football League came to an end when they finished bottom of Sky Bet League Two last season.Previous owner Francesco Becchetti sold the club in June to a consortium headed by Nigel Travis, a lifelong fan and chief executive of the Dunkin’ Brands Group. 1 Steve Davis last_img read more

Harps U19s aiming to reach FAI National League Final

first_imgThe Finn Harps U19 squad is completing preparations for their big FAI National League semi-final against UCD this Sunday in Ballybofey (kick-off 2.00). Joe Boyle’s boys produced a superb string of results to qualify from the Northern Section before creating a major upset by defeating the hotly fancied Cork City side in the quarter-finals of the competition.The winners on Sunday will have home advantage in the final so it’s a unique opportunity for Harps to achieve national success and it would be a major boost for underage soccer in the county if this talented group of players can make that dream happen. Boyle and Trevor Scanlon have put a huge amount of work into developing a panel capable of competing at the top level of U19 football in the country.Striker B.J. Banda is easily the most recognised name having scored that famous winning goal against Limerick F.C. last November at Finn Park for the senior side which secured promotion to the Premier Division.Recently Banda has been featuring regularly again in Ollie Horgan’s squad and started against St Patrick’s Athletic on Tuesday night, while Gareth Doherty was on the subs bench. Mark Coyle also made an appearance as a sub against Dundalk last month and keeper Tommy Lee McCarron was on the bench for the Bray Wanderers game last Friday night.Oisin Hassett featured a handful of times in Harps senior panels in the 2014 First Division season. Other players who would hope to be attracting the attention of Horgan and Paul Hegarty are Declan Sharkey and Simon McGlynn while younger players like Shane Blaney have also impressed during the current campaign. Paul Ferry, Ciaran Kelly, Liam Doherty and Nathan Clifford have been regulars at the back as has Daire O’Baoill who will miss Sunday’s semi-final due to the red card he received against Cork City. Midfielders Jeaic McKelvey, Luke Nelis, Alex Carolan and captain Keelan McDermott also form part of a strong Harps squad for Sunday. Coyle, McKevley, Nelis, Blaney and McGlynn are all available after missing the quarter-final last weekend in Bishopstown.O’Baoill is the only player definitely out for the semi-final but with a couple of the U19s in the Harps senior squad for tonight’s game against Cork City the manager will be hoping that no injuries are picked up. A big challenge this week for Boyle has been taking the players down from the ‘high’ of defeating a Cork U19 side that had a drawn against HJK Helsinki in Finland in the UEFA League. Any complacency will be capitalized by a very strong UCD side who finished second in the Southern Section of the National League.Harps U19s aiming to reach FAI National League Final was last modified: October 14th, 2016 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:BJ Bandadonegalfai cupfinn harpslast_img read more

Three Lions’ record in every opening World Cup game plus goal scorers

first_imgEngland and Tunisia have faced each other twice before, with the first meeting back in 1990 being a 1-1 friendly draw in Tunis, while England won their 1998 World Cup Group G opener 2-0 thanks to Alan Shearer and Paul Scholes. Get the beers in because it’s here. England’s first game of the 2018 World Cup has finally arrived.Gareth Southgate’s Three Lions face Tunisia in Volgograd at 7pm and talkSPORT.com, thanks to SunSport has looked at the nations’ previous World Cup openers.They will wear their red kit for the game, which should be a good omen because the last time the team wore this colour in their first World Cup game was when they saw off a very good France team 3-1 in 1982. 2 CLASSIC KITS England players celebrate Steven Gerrard’s goal against the USA in their first game of the 2010 World Cup These England songs will get you in the mood for the Tunisia game Tunisia v England: World Cup 2018 preview, predicted line-ups, plus more IT’S COMING HOME England under Southgate, including goals scored and one worrying defensive stat Revealed England at the World Cup Group G See you at 7pm for talkSPORT’s live coverage, while you enjoy that – hopefully cold – first pint.talkSPORT will be with listeners all day and all night at this year’s 2018 FIFA World Cup™ with more than 800 hours of World Cup content and all 64 games live across the talkSPORT network. 2 The greatest ever England World Cup kits, as chosen by the aficionados GROUP G England World Cup team guide – fixtures, kits, key player, probable line-up last_img read more

Serrano will be tested in MRL

first_imgSerrano owns the 2004 CIF-Southern Section Division VIII and seven consecutive Mojave River League crowns won or shared. But the injury-riddled Diamondbacks can expect quite a battle to add the 2005 MRL crown to their collection. All five Mojave River League teams take winning records into this week’s league openers, which feature tonight’s showdown between Apple Valley (4-1) and Sultana (4-1) in a clash of four-game winning streaks at Sultana’s Jay Reed Field. Rim of the World (3-2) faces Hesperia (3-2) on Friday at Sultana. Serrano (4-1) faces a nonleague challenge at Ridgecrest Burroughs (3-2). The Burros lost at Serrano by one point in last season’s showdown. Sultana has allowed only one touchdown in its last 12 quarters of play. The Sultans’ 43 points allowed is easily the lowest of all MRL and DSL teams – a point of pride at Sultana. “Our defense has played well as a unit,” Sultana coach Zane Sweeney said. “We have a lot of solid kids. You can’t single out one guy on that defense. They just really mesh well.” Sultana linebacker Zac Sweeney’s 57 tackles (17 solo) leads all MRL and DSL teams. Tim Schilling has three interceptions and Matt Crider has four sacks. That tops a defense that has one shutout and two other games in which it gave up six points or less. Sultana placekicker/quarterback Dustin Hoegerl has field goals of 52, 45 and 35 yards to go with 491 yards passing. Sultana’s only loss was a one-point setback in a road game at Palm Desert. The rest of the MRL has potent playoff contenders: Apple Valley. Anthony Ambers has 809 yards rushing, according to MaxPreps.com stats, and is a key to AV’s strong ability to burn clock time. The Sun Devils defense handled speedy opponents against Victor Valley, San Bernardino and San Gorgonio.Rim of the World. The Scots were outscored 113-7 in their last two games, but Sweeney notes one blowout was applied by a D5 team (Hemet West Valley) and the other current D8 No. 1 Palm Springs. “(Rim) is gonna be a tall order for anybody to hold down,’ Hesperia coach Rob Kistner said. “They move the ball on everybody.” Hesperia. The Scorpions are 1-3 with a seven-point victory over winless Granite Hills after winning their first two games. Hard-running tailback Aaron Moseley has 1,100 yards in five games, according to Kistner. Starting QB Adrian Jimenez is growing into his role, while Middle linebacker Xavier Peters is improving after playing at outside backer. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week Serrano is tied for No. 3 in the most recent D8 poll, while Sultana is No. 7 and Rim is No. 10. “To me, it’s all completely up in the air,” said Apple Valley coach Frank Pulice, whose Sun Devils are off to their best start since 1999. “I’m sure everyone is licking their chops,” Serrano coach Ray Maholchic said. “The wind blows and someone seems to get hurt here.” D’backs starting quarterback Max Maholchic and center Joel Cabrera are nursing ankle injuries. Fullback Brian Lane has knee troubles. No. 1 tailback Michael Cabrera, a key figure in the D’backs postseason run to a 14-0 record and the 2004 CIF D8 title, has a sprained knee and sore ankle. Anthony Ruize has emerged as Serrano’s top ball carrier with 464 yards rushing. last_img read more

Decision to allow farmed fishing in Lough Swilly challenged in High Court

first_imgA group representing oyster fishermen in Donegal has brought a High Court challenge forward following a decision to allow farmed fishing of foreign oysters in Lough Swilly.The news comes following the sanction of licenses by the Minister for Agriculture that allows the farmed fishing of a species in Lough Swilly known as Pacific Oysters.The action has been brought by the Co Donegal based Lough Swilly Wild Oyster Society Ltd (LSWOS) whose members have been engaged in the fishing of native oysters in Lough Swilly for over 25 years. It fears the lack of proper controls over the farming of oysters in the Lough is an “environmental disaster”.LSWOS claims the farming of these foreign oysters is eroding the natural occurring fishing grounds and are having a detrimental effect on their ability to fish for native species.The aquaculture and foreshores licences at the centre of the actions were granted to Mr Alan O’Sullivan and the Lough Swilly Shellfish Growers Co-Operative Society Ltd.LSWOS says it makes no criticism to make of the proposed licences and says that in principle it has no objections to the granting of properly regulated licences to farm oysters in Lough Swilly.The groups representative, Peter Finlay SC, told the court his clients claim the decisions to award the licences are flawed and should be set aside, on various grounds including the appeals board refusal to grant his client an oral hearing after LSWOS lodged its appeal against the Minister’s decision in 2017 to grant the licences.Counsel said there was a lack of fairness in the manner in the process which the appeals board adopted when considering his client’s appeal. Advertisement In judicial review proceedings, the LSWOS seeks various orders and declarations including an order quashing the decisions of the Minister for Agriculture, Food and Marine, as well as the decision by the Aquaculture Licence Appeals Board confirming the Minister’s decision.They also seek a declaration that the decision to grant the licences is in breach of natural and constitutional justice, damages and for a stay to be put on the licences.Permission to bring the challenge was granted on an ex parte basis, by Mr Justice Seamus Noonan.It will come back to court in July. Decision to allow farmed fishing in Lough Swilly challenged in High Court  was last modified: May 19th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Donegal’s topless dip gets a boost to reach €56,000 total!

first_imgOver €56,000 has been raised by 300 brave women who did a topless strip and dip for Breast Cancer in Inishowen last month.Busloads of enthusiastic ladies headed to Stroove Beach at Greencastle on a wet and chilly Friday night at the end of August to take part in the topless challenge. Together, the women braved the elements and ran into the sea for the liberating celebration – all for three great causes.The final total was revealed on Friday at a party in Rosato’s Bar in Moville. Organisers Katrina Doherty, a teacher from Moville, and Donegal Hospice nurse Mary McLaughlin were delighted to reveal the final amount. Mary McLaughlin and Katrina Doherty at Rosato’s Bar in Moville, revealing the grand total of the Half Strip and Dip fundraiser The amazing €56,452.57 will be split between the Breast Cancer Centre in Letterkenny, Cancer Care West and the Breast Cancer Ireland Schools Outreach Programme – supporting local people and local health education programmes.In Pictures: 300 women bare all at the beach for breast cancerDonegal’s topless dip gets a boost to reach €56,000 total! was last modified: September 30th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Being objective about the markets (in a wet planting season)

first_imgShare Facebook Twitter Google + LinkedIn Pinterest With the constant rain in Arkansas, Missouri, Indiana, southern Illinois and western Ohio, farmers are getting worried they won’t get corn planted. Some are surprised the market hasn’t responded with a rally. Prices likely haven’t increased for the following reasons. As a percent of the total U.S. production, these areas collectively don’t produce a lot of corn. These areas only account for about 10% of total acres and not every acre is a loss. The trade learned in 2015 that heavy rains throughout the Corn Belt may drown some areas, but other areas will thrive and see increased production.Last year many farmers in these areas finished planting the last week of May and the first week of June and still had a reasonable sized crop. It’s important to remember the entire Corn Belt will never have perfect conditions. There will always be areas affected not only negatively, but positively as well. In the end, late spring weather usually won’t impact the market nearly as much as weather 40 days from now.This past week when discussing the eastern corn belt’s weather, a farmer told me that I just didn’t understand how bad it was in his area. Maybe, but I think by not living there it was actually easier to gain perspective. By looking at weather maps, rainfall totals, and average yields in his area compared to surrounding counties, state and region I determined the issues he was suffering from were largely isolated to a very small region that didn’t produce enough corn for the market to really notice (at least not yet).Over the last two weeks social media was “flooded” with pictures of cornfields looking like lakes. If I was a farmer in this area and only looked at posts and tweets, I would think it was time to build an ark. Nobody posts pictures of the many fields throughout the country that have had no problems and crops look great. Those pictures aren’t as interesting as a farmer wakeboarding in his cornfield.Throughout my career in grain marketing, I’ve noticed that most market participants (i.e. farmers, end users, analysts, etc.), tend to “talk their position.” Since most farmers have a lot of 2016 and 2017 crop to sell, they want, hope and need the market to rally. On the flip side, end users want, hope and need the market to go lower. Analysts want the market to go in the direction that is most profitable to their current positions, so they’ll push that agenda. With all of these conflicting agendas, it’s difficult to sift through the media/trades to get a clear understanding of where the market is headed.Interestingly I listened to an analyst speak about the corn market direction in the short-term. After hearing the analyst talk, a farmer told me he thought the analyst was bullish. I then asked him how much of ’16/’17 grain was still unpriced and he told me all of it. I thought the analyst presented a more neutral perspective, but I have much of my ’16 and some of my ’17 corn sold/marketed. Both of our opinions might be based upon our positions.Many people like to read information that confirms what they believe or hope will happen. This kind of thinking can be disastrous to a farmer’s bottom-line though. I recommend trying to read marketing information from several sources, both bearish and bullish. I also recommend sticking to the same analysts to better understand their tendencies. Switching analysts each week makes it difficult to understand how they developed their strategies over the last few months.It’s hard to stay objective when it comes to grain marketing, but there are two “rules of thumb” farmers may consider when listening to grain marketing information.Often when bulls and bears agree, the market tends to move in that directionOften if an analyst is usually bullish and starts pulling back or becomes neutral, it’s a sign of an upcoming bearish trend (vice versa for bearish analysts). When a bull turns into a bear, it tells me more than when a bull is a bull or a bear is a bear.Note, I watched the wakeboarding farmer video twice. Once, because it was cool. Second, I wanted to put this into perspective and estimate his lost acres. In the video it looks like about 20 feet of corn is under water for nearly a half mile. This equates to roughly 1 acre. I also noticed pivots on the field, which in Nebraska probably means it’s about a 150-acre field. So the flooded part of the field is realistically less than 1%, which is obviously very small. Yet, several large Midwest papers picked up the story and talked about how wet it is out there. This is another reminder to always keep perspective and don’t get carried away with sensational stories. Market actionFollowing is the detail and rationale of a recent trade made in late February, that expired Friday:Expected Market Direction 2/27/17 — Probably sideways with some upside potential into early summerTrade detail — Sold June $3.80 straddle for 30 centsPosition Size — Trade represents 10% of my 2016 productionExpired — 5/26/17 — After corn planting is complete, but before the weather markets take over, based upon July futuresPotential Benefit — If July futures close at $3.80 on 5/26, I keep the 30 cent premiumPotential Concern — Reduced or no premium if the market moves significantly.For every penny lower than $3.80 I get less premium until $3.50. At $3.50 or lower a previous corn sale is removed. For every penny higher than $3.80 I get less premium until $4.10. At $4.10 or higher I have to make another corn sale at $4.10 against July futures. What happened?When the market hit $3.74 on Friday, I bought back the put portion of the straddle for 6 cents. This meant after commissions my net profit was 24 cents. This is what I hoped would happen. Why didn’t you buy back the calls?Since prices were well below the $3.80 strike price, I didn’t see the need to pay additional commissions to get out of that part of the trade. Ultimately, they ended up expiring worthless. New tradeI expect the market to continue trading sideways. And, considering my recent success with straddles, I’m going to continue my straddle position moving forward. Following are the details of my new trade:Expected market direction — sideways into late summerSold Sep $3.70 straddle for 38 centsTrade represents 10% of 2016 OR 2017 productionExpires 8/25/17 after crop conditions are knownPotential benefit: If Sep futures close at $3.70 on 8/25, I keep the 38 cent premiumPotential concern: reduced or no premium if the market moves significantly.For every penny lower than $3.70 I get less premium until $3.32. At $3.32 or lower a previous corn sale is removed, but any profits gained on that trade can be added to a future sale. For every penny higher than $3.70 I get less premium until $4.08. At $4.08 or higher I have to make another corn sale at $4.08 against Sep futures. If a Sep sale is initiated then I can move this sale to Dec futures and pick up about 10 cents of premium and thus have a $4.18 sale in place. At this point the sale would likely be against my ’17 crop. What does this mean?This Sep straddle trade provides a lot of flexibility:If the market goes down, I will apply it to my ’16 productionIf the market rallies, I will apply it to my ’17 crop.If the market goes sideways, I make some added profit and can apply it wherever I want. And, I don’t have to decide that until 8/25/17.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 jon@superiorfeed.com.last_img read more