Chancen: Kernbereiche

first_imgSudafrikas Wirtschaft strotzt vor Geschaftsmoglichkeiten, mit etlichen Bereichen, die als Zonen von besonders hohem Wachstums- und Investitionspotential identifiziert werden. Dies trifft auf die folgenden Bereiche zu:AutomobilindustrieSudafrikas Automobilindustrie ist gewissermaßen der Turbomotor fur die Herstellung und den Export von Fahrzeugen und Fahrzeugkomponenten. Die Branche zeichnet fur 10% der Produktionsexporte des Landes verantwortlich und ist somit eine wichtige Saule in der Wirtschaft des Landes. WeiterlesenAuslagernDa Unternehmen weltweit auf den zunehmenden Kosten- und Preisdruck reagieren, transformiert sich Sudafrika zu einem international bevorzugten Standort fur die Auslagerung von Geschaftsablaufen. WeiterlesenICT und ElektronikSudafrika, fuhrend in der Entwicklung von Informations- und Kommunikationstechnologie in Afrika, ist der zwanziggroßte Abnehmer der Welt im IT Produkt- und Servicebereich. WeiterlesenTourismusDurch Sudafrikas landschaftliche Schonheit, fantastische Landschaften, sonniges Klima, Kulturvielfalt und den Ruf, etwas fur sein Geld zu bekommen, hat es sich zu einem der gefragtesten Urlaubs- und Geschaftsreiseziele der Welt entwickelt. WeiterlesenLandwirtschaft und AgrarindustrieSudafrikas biologische Vielfalt, zusammen mit einer Kustenlinie von 3.000 km und bedient von sieben Handelshafen, kultiviert bevorzugt eine sehr unterschiedliche Bandbreite von Meeres- und Landwirtschaftsprodukten, von sommergrunen uber Zitrus- zu subtropischen Fruchten bis hin zu Getreide, Wolle, Schnittblumen, Nutzvieh und Wild. WeiterlesenBergbau und MineralienSudafrika ist ein fuhrender Produzent von Edelmetallen wie Gold und Platin, aber auch von Basismetallen und Kohle. Es ist der viertgroßte Diamantenhersteller, wobei Experten davon ausgehen, dass es immer noch potentielle weitere Vorkommen in Gebieten gibt, die noch nicht voll erschlossen sind. WeiterlesenChemieindustrieDie Chemieindustrie Sudafrikas, die alles von der Kraftstoff- und Plastikherstellung bis zum Pharmabereich umfasst, ist die großte ihrer Art in ganz Afrika und wird vom Staat als Hauptantriebsmotor des Wirtschaftswachstums gesehen. WeiterlesenSAinfo reporterlast_img read more

The case for corn price rally potential

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Jon Scheve, Superior Feed Ingredients, LLCThe March corn futures have been range bound for the last 150 days, usually staying within a tight trading range of $3.70 to $3.90. March corn was only above $3.90 for 3 days during that time, and over the last 100 days, March corn has traded below $3.70 for only 3 days.This lack of movement is clearly illustrated in only a 10-cent range for the closing prices of March corn on the last 8 Fridays:1/18 – $3.811/11 – $3.781/4 – $3.8312/28 – $3.7512/21 – $3.7812/14 – $3.8412/7 – $3.8511/30 – $3.78.Current corn fundamentals paint a picture from a macro level that suggests realistic expectations for higher corn price potential. Global position: U.S. corn is the lowest priced corn globally based on prices today. U.S. corn is about 5 cents lower than Argentina and 15 cents below the Ukraine. Upcoming planting acre estimates: Corn needs nearly 3 to 4 million additional acres planted in 2019. Currently the new crop corn/bean ratio is 2.36 : 1. While this should encourage farmers to switch a small number of bean acres to corn, it might not be as much as was assumed was possible two months ago. The wet fall could have prevented some acres from getting the necessary fertilizer or fall field work done when prices were much more favorable to plant corn. Carryout: March corn is trading 30 cents higher today versus a year ago. Last year saw March corn rally 30 cents from this date forward when the carryout was reduced from 2.3 billion at harvest time to 2 billion as the year continued on. Currently the carryout is projected at 1.78 billion and may be reduced to 1.7 billion pending the final yield number from the USDA. Even if the carryout isn’t lowered further this will still be the lowest carryout in 4 years. Demand: Corn demand has been steady the past couple of months. Exports continue to be strong, feed demand has been steady, and the ethanol grind has maybe only slowed a little. There is a good chance all three will offset each other to keep demand the same or maybe even generate a slight increase. Still, until the government can reopen to provide production and usage information, everyone is in the dark.Overall corn has several positive fundamentals going into spring, which could mean good news down the road for farmers. If China would start buying a little corn to offset the trade imbalance, which has been discussed in the trade, the news for farmers could be even better. Does fertilizer buying correlate with corn selling?Several farmers throughout the Midwest asked for my thoughts on selling corn when making fertilizer purchases for their 2019 crop. Evidently these farmers had been approached by fertilizer sales teams trying to show a correlation between corn and fertilizer prices and how they should sell some of their corn when they buy their fertilizer.I don’t have the details of the sales pitch the farmers were given to give any advice there. However, I can look at the effects of purchasing fertilizer on farm operation budgets as well as the correlation between corn and fertilizer prices. Comparing fertilizer and corn prices the same wayIn most years fertilizer prices don’t change more than $100 per ton year over year. While $100 per ton may sound like a lot, the price per acre is low and usually only amounts to about 11 cents per bushel at most on the budget. I calculate all farm operation budgets on a cost per bushel, so prices are comparable to each other (i.e. apples to apples). That small of an effect on the cost of production doesn’t compare to the more than 85-cent range that corn futures had during the last growing year.There are many things that can affect fertilizer prices, here are just a few:Fertilizer production inputs are a major factor. For example, natural gas is the main ingredient in many fertilizers, so big shifts in natural gas prices can change the demand structure. But, there are also substitute fertilizers not containing natural gas that could increase or decrease production to offset big price adjustments.Acre shifts could have an impact, but a change bigger than 5% in either direction is rare. While a 5% shift could send an initial price spike or dip in the short-term, the impact long-term should be minimal.Seasonally fertilizer prices have highs and lows pending demand. Just as there are seasonal trends for corn that would suggest that prices will be the lowest at harvest there seems to be a season pattern to fertilizer that happens when farmers aren’t usually applying the product. Usage correlation between fertilizer and cornThe total tonnage of fertilizer used per acre is 20 to 70 times less than the total tonnage of grain harvested from the same acre, depending on the type of fertilizer applied. So, I don’t see how this would be a relationship between the price of either commodity. The sheer size difference is just too big to be relatable. Plus, in reviewing historical data, I couldn’t find any type of trend to support a price correlation between the two commodities.So no, I wouldn’t adjust my corn marketing strategy to align with my fertilizer purchasing. They are different commodities with separate and independent price fluctuations. Instead, I would just buy fertilizer when it looks like the right price at the time of year it makes sense for my operation. And I don’t see any reason to sell some corn, just because I bought fertilizer on the same day. Please email jon@superiorfeed.com with any questions or to learn more. 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.last_img read more

Maharashtra BJP MLA begs activist to drop complaint

first_imgA Bharatiya Janata Party (BJP) MLA from Pune district booked in a ₹50 lakh extortion case, was allegedly seen pleading with a city-based builder and RTI activist to withdraw the complaint against him in a clip produced by the activist on Tuesday. The activist, Ravindra Barate, had recently lodged a complaint against Yogesh Tilekar, the legislator from Hadapsar constituency, for allegedly demanding ₹50 lakh extortion money from Rahul Gangote, director, Evisions Teleinfra Pvt. Ltd. to allow laying of fibre optic cable network. Mr. Barate, who is associated with Evisions Teleinfra, a company engaged in laying fibre optic cable for government and private establishments, alleged that the police are investigating instead of taking action against Mr. Tilekar.In the clip, apparently recorded by Mr. Barate which has since gone viral, Mr. Tilekar and his brother appear to be apologising to the activist and begging him to withdraw the complaint against him.The incident had occurred in August when Ganesh Kamthe, allegedly an accomplice of the MLA, stopped the company’s employees from laying a cable network in Katraj-Kondhwa.“I first got a call from Mr. Kamthe, who claimed he was an accomplice of Mr. Tilekar, and demanded ₹50 lakh for continuing the work. When I informed Mr. Tilekar about this, he disclaimed any knowledge of Mr. Kamthe. When I received the call for the second time, I lodged a complaint with the Kondhwa police on September 8,” Mr. Barate said.He further alleged that the MLA and his brother later met him at a city hotel to plead with him to withdraw the complaint. “He [Mr. Tilekar] even fell at my feet…but I refused to budge.” According to Mr. Barate’s complaint, Mr. Tilekar’s henchmen stole fibre optic cable amounting to ₹40,000 when the company ignored his threats. The Kondhwa police had registered an FIR against Mr. Tilekar under Sections 379 (theft), 384 (extortion), and 427 (damage to property) under the Indian Penal Code (IPC) earlier this month.Mr. Tilekar, however, refuted the allegation that he had visited Mr. Barate with the intention of requesting him to withdraw the complaint. “I had merely requested Mr. Barate not to lodge a false complaint against me. I told him that it was a misunderstanding. I had touched his feet as he was my elder and I have known him for several years,” Mr. Tilekar said.Mr. Barate, on his part, has accused the MLA of misusing his powers. The Opposition has condemned Mr. Tilekar and demanded he publicly apologise to his constituents and step down from his elected post.“It is shameful that the MLA is falling at Mr. Barate’s feet and demanding he withdraw his complaint. This is tantamount to a confession of his misdeeds,” Vasant More of the Maharashtra Navnirman Sena said. Meanwhile, the case against the MLA has taken a twist with Milind Gaikwad, the senior police inspector, Kondhwa station, being suddenly transferred after he registered the FIR against Mr. Tilekar.Pune Police Commissioner K. Venkatesham had transferred Mr. Gaikwad to the special branch on October 17.last_img read more

Shelter-less Cyclone Fani survivors brave searing heat

first_imgRabindra Mallick and his family members in the Bhagbatpatna village in Puri district have been spending most of their time under the open sky for more than seven days. During the day, the temperature hovers around 40°C, but they have nowhere to go — trees have been uprooted and roofs blown away by Cyclone Fani.The majority of the families in the predominantly Dalit village have been left with no roof over their heads. The two-room primary school is able to accommodate barely 20% of the local population.As many as 12 towns of Odisha recorded maximum temperatures of above 40°C on Saturday; Puri’s temperature could not be gauged.‘Completely ravaged’“A day before the cyclone hit our district, we were herded to the Goruala Multipurpose Cyclone Shelter, 3 km away from our village. When we returned, we found our houses completely ravaged. Except a few, who had houses with concrete roofs, all the villagers have been rendered shelter-less,” said Mr. Mallick.Also Read  Meanwhile, due to the heavy demand for asbestos sheets, prices of the product have gone up, with unscrupulous traders trying to create artificial scarcity. With a month left for Southwest monsoon to hit Odisha, cyclone survivors are trying to cover their houses with asbestos sheets.The State government said that 9 lakh trees worth ₹270 crore have been lost inside forests and sanctuaries, and there has been a loss of 5 lakh trees worth ₹150 crore outside forests. Environmentalists, however, said the official estimate on loss of trees was actually a lot lower than the actual loss. Cyclone Fani: Initial estimate pegs crop damage at ₹150 crore  “Although the community kitchen began functioning three days after the cyclone hit this village, taking care of our food needs, polythene sheets have not been provided. Polythene sheets would have helped cover the roof. Now, we are spending much of our time outside and our household articles are also lying under the sun,” he said.A similar situation prevails in almost all the villages in Puri district, and parts of the Khurdha district.“In Puri, Khurdha and Bhubaneswar, as many as 2,69,711 beneficiaries have been provided either polythene, or cash in lieu of polythene. The coverage is 36%. The Special Relief Commissioner is making additional requisitions for polythene,” said Sanjay Singh, Odisha Secretary of Information and Public Relations, at a press conference on Saturday.Mr. Mallick said, “The role of polythene carries equal importance as that of food for us during disasters. As my home does not have a roof, I cannot go out for work. The situation would turn worse if kalbaisakhi [a period of thunderstorms in the region] rain takes place.”Also Read Package for farmers last_img read more