Mass honors D’Arcy’s life

first_imgThe Notre Dame community will commemorate the life of Bishop Emeritus John D’Arcy of the Diocese of Fort Wayne-South Bend at a Mass today in the Basilica of the Sacred Heart, University Spokesman Dennis Brown announced in an email Tuesday. University President Fr. John Jenkins will preside over the 5:15 p.m. service. Theology professor John Cavadini, director of the Institute for Church Life, will deliver a eulogy for D’Arcy. D’Arcy, who passed away Sunday, visited Notre Dame often during his tenure as bishop to celebrate Mass, ordain Holy Cross priests and deacons and administer the Sacrament of Confirmation for members of the University community. He received the Rev. Howard J. Kenna, CSC, award in 2003 for his service to Notre Dame and the Congregation of Holy Cross.last_img read more

DONEGAL KARATE KIDS SCOOP MEDAL HAUL AT EUROPEAN CHAMPIONSHIPS

first_imgTwelve young karate stars from Donegal were celebrating success this week after they returned from the prestigious European Karate Championships in Liége, Belgium, with an impressive haul of nine medals.The youngsters were in Belgium to represent the Ulster Karate Federation (UKF) made up of karate clubs from Burnfoot, Quigleys Point and Culmore in Derry.Their coaches were delighted with the success and there was further joy for Donegal when Sloan O’Donnell of Killygordon Karate Club also picked up a medal. The UKF squad had been preparing for the event for five months as it is one of the biggest competitions of its kind. More than 1,300 competitors from across Europe come together to compete over four days.“We’re absolutely delighted with the success that saw Cién McColgan and Joseph Feeney pick up two Gold for Kumite, while we also came away with one Silver and one Bronze for Team Kumite together with three silver and one bronze for Kata,” coach Shawn Barron said.He added: “The results from the competition leave the UKF squad ranked sixteenth out of 31 European Federations and leaves Ireland in overall 10th place out of 23 countries.” Coach Martin McCole who explained that competitors in Belgium ranged in age from 8-15 years, insisted that the medals tally was just reward for the young Donegal karate kids.“The results we achieved is testament to the hard work that each individual competitor put into their training and even the squad members who weren’t individual medal winners this time, have played a huge role in the overall success,” he said.He added that there was no time for them to rest on their laurels either as they turn their attention now towards preparation for the WUKF World Karate Championships which will be held for the first time in Dublin in 2016.“We are absolutely thrilled with this success but we will be hoping to build on it next year and we are always keen to have more youngsters get involved. If anyone is interested in joining the clubs they can come along on Wednesdays to Aileach Club in Burnfoot at 7pm, to Hollybush School in Culmore on Tuesdays at 7pm or to Quigleys Point Community Centre on Thursdays at 7pm.”Meanwhile UKF President Columba McLaughlin who highlighted that the squad compete in competitions in Ireland and the UK on a regular basis, said they would welcome sponsorship.“We really would be grateful for any sponsorship from local businesses to help us continue with the work we do within the clubs in the area and to continue the development of the young people within these communities. Anyone who would like to support us in any way can find us on Facebook – Ulster Karate Federation or on the website http://www.ukf-karate.com” Mr McLaughlin concluded by congratulating all the members who had travelled for Belgium for the tournament and especially those who had brought home medals.The UKF medal winners were: Cién McColgan 1 gold, 1 silver; Dara Gill 1 silver; Conor Doherty 1 silver; Caolan McColgan 1 Silver; Joseph Feeney 1 Gold; Shauna McGlinchey 1 bronze; Erin McCole 1 bronze. Other squad members who took part in Liége were: Darragh McCole, Aine McCole, Katie Doherty and Caolan Harkin.DONEGAL KARATE KIDS SCOOP MEDAL HAUL AT EUROPEAN CHAMPIONSHIPS was last modified: June 14th, 2015 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)last_img read more

Really, $6 beans? Probably not.

first_imgShare Facebook Twitter Google + LinkedIn Pinterest CornCorn pushed to the top of the trading range last week. However, with 2.3 billion corn bushels carryout (compared to 1.8 billion last year), farmers are anxious to sell, so prices pulled back by Friday. It will likely take a significant drop in corn acres next year and a weather event to see $4 by summer. Expect sideways trading for the next 80 days and it could be a tight range of $3.45 to $3.60 on the March futures. BeansPrices continue to inch lower week by week. Currently, there appears to be enough beans in the U.S. to meet demand. In South America, Brazil is on track to produce a record crop while pockets of Argentina are too wet. This may mean 100 million bushels will be lost in Argentina, but Brazil’s record crop may make up for it.Still many speculators are betting what happened last year will happen again. While possible, is seems unlikely. In two weeks after the South America weather forecast is seen and as harvest progresses the market will know more. Remember the market will have the prices locked in before we actually know the results, so have a plan ready. Really, $6 beans? Probably notThis week an analyst forecasted “Bean Futures Starting with a $6.” This created a lot of social media buzz and traders in Chicago even took notice.Obviously, stories like this cause a stir in media. There is always somebody making a wild prediction so that if it happens, they can say they said it first. Reading between the lines, the forecast could just mean $6.99 futures, which is much closer to $7, but they did say Iowa farmers could see cash prices around $6 which has more sizzle. Regardless, talk of prices dipping this low can scare farmers. How realistic is $6 beans?While it could happen, it’s not very likely. For it to happen, a “perfect storm” would be needed including the following scenarios:Bean acres — More than the forecasted 87 million bean acres this particular $6 analyst stated would need to be planted (we probably need closer to around 90 million).Weather — great weather conditions across 90% of the MidwestBean yields — Above trend line yields, which currently are about 46 to 47 bushels per acre would need to be probably 52+Decreased demand — Examples of this would include a trade dispute with China, too much palm oil, excessive South American beans harvested this winter, etc.Corn/bean ratio — Very low.What is the corn/bean ratio?The ratio shows the price of 1 bushel of beans to X amount of corn bushels. For example, in the last two years the market has traded, the corn/bean ratio between 2:1 and 3:1. “Normal” is around 2.4:1.As of Friday, the ratio between Nov ’17 beans (9.835) and the Dec ’17 corn (3.8575) is 2:55:1. Two weeks ago it was 2.7:1. At these ratios, it encourages farmers to plant more beans than corn. When the ratio is 2.4:1 or lower, prices encourage planting corn over beans. In other words, corn prices can also have an effect on bean prices longer term. So, corn prices would likely have to decrease significantly too.Example: Let’s assume too many bean acres are planted and there is a normal corn crop but with only 91 million acres, if corn prices go to $3.40 this fall as a result:Low bean ratio (2:1) and $6.80 bean futures are possible.Mid bean ratio (2.4:1) and $8.16 beans — not a great value when it was $10.16 last week, but better than $6What are the chances of $12? It’s just as unlikely. Basically, the opposite of many of the above examples would be necessary. What should farmers expect?With what we know now beans will likely range between $9 and $10.50 for another month until it is better understood how many acres U.S. farmers will plant. The market could drift towards $8 if a large amount of acres are switched to beans in the March USDA report. In the meantime, South American weather conditions will shift prices daily within this range.I like to avoid getting caught up in sensational stories that include crazy lows or highs. Typically the market stays in the middle making outliers look foolish. Every once in a while somebody will get lucky, but it’s rare. Historically, extreme predictors don’t do well. 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

Pakistan fast bowler Shoaib Akhtar wants to cross 100 mph barrier

first_imgTerminator: Akhtar’s 6-16 routs KiwisThose who call Shoaib Akhtar “the Rawalpindi Express” may believe they are paying him compliments, but they’re way wrong.The Pakistani tearaway fancies himself more in the class of the TGV or the Japanese Shinkasen and has recently steamed back into the terminus of public consciousness to,Terminator: Akhtar’s 6-16 routs KiwisThose who call Shoaib Akhtar “the Rawalpindi Express” may believe they are paying him compliments, but they’re way wrong.The Pakistani tearaway fancies himself more in the class of the TGV or the Japanese Shinkasen and has recently steamed back into the terminus of public consciousness to the sound of the splintering of stumps and the trumpeting of ego.In the Sharjah Cup in early April, Akhtar broke the record for the fastest ball ever bowled in a match, topping Brett Lee’s 157.4 kmph missile with one that clocked 159.5 kmph on the speed gun.Akhtar then went home to Pakistan and for the second time in 14 months went Kiwi hunting, taking 6-16 in the first of three one-dayers against New Zealand; after having similarly destroyed them with 5-19 in Auckland last February.This time he was bowling in the steam bath of Karachi and hit over 150 kmph on every ball of one of his nine overs. Five of the six wickets were bowled, one of them all-rounder Andre Adams watching his stumps shattering into two, grateful no doubt that bat and body had been spared.But Akhtar wants more – a shot at the Australians for the fight for the title of “world champions”. Has no one told him about the ICC Test match rankings? And then there is his pet project – a macho pace race pitting him head to head against Lee in the effort to hit the 100 mph (160.9 kmph) barrier.The mark has caused him a back injury that kept him out of the game for half a season and led to criticism that it distracts him from the big picture.Akhtar pays lip service to line and length but maintains, “I have a mission to cross the 100 mph barrier. God made me a supreme athlete. I cannot compromise on that.” God does move in mysterious ways, as batsmen who face and cameras which capture Akhtar at his most eyeball-popping form will testify.advertisementHis slingshot action has been cleared by the ICC, and doctors at the University of Western Australia’s department of human movement say an over-extension of the arms and joints causes an “illusion” of chucking. The mysterious Orient claims yet another victim.last_img read more