An orange, high-fire warning has been issued for swathes of Donegal as forecasters predict a scorching Easter weekend.The Department of Agriculture, Food and the Marine issued the warning on Thursday, April 18 and it will remain in place until Tuesday, April 23.Temperatures are set to soar between 17C to 21C over the holiday weekend. Donegal County Council has urged landowners and members of the public to exercise caution and to take all necessary measures to prevent the occurrence of wildfires involving material such as gorse, heather and similar.The council is also urging landowners and members of the public not to engage in activities that could cause wildfires – especially to those heading outdoors to take extra care with camping stoves, cigarettes and throw-away barbecues.Householders or building owners in areas susceptible to wildfire are advised to remove or cut back any vegetation in the immediate vicinity of their house, building or oil tank to prevent wildfires damaging or destroying their property.Members of the public are urged to be vigilant and to report any uncontrolled or unattended fires immediately to the Fire Service by dialling 999 or 112. Extreme fire warnings issued for hot Easter weekend was last modified: April 18th, 2019 by Shaun KeenanShare 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)
Share Facebook Twitter Google + LinkedIn Pinterest The financial markets and economists are in agreement that the Federal Reserve Board is likely to begin raising interest rates at its December 15-16, 2015 meeting. It seems certain that rates will be raised several times in the next year. As farmers begin thinking about what crops to plant next spring, a part of their thinking may be: what effect will interest rates have on commodity prices?The literature, confirmed by recent research I conducted with my graduate student Aitbek Amatov, has reached a strong consensus that both an increasing money supply and declining interest rates are good for commodity prices, including agricultural commodities. The Fed’s quantitative easing programs functioned similarly to more traditional methods of increasing the money supply. Now, after seven years of low interest rates and a quadrupling of the Federal Reserve’s balance sheet (pumping about $3 trillion into the system although much of this ended up as excess reserves at the Fed), the Fed policies which favored higher commodity prices are about to shift into reverse. Will the Fed finally raise rates?The Fed Fund futures contracts suggest a 74% probability that the Fed will raise the Fed Funds rate by a quarter percent at its December meeting. Such a move would be announced on December 16, at the conclusion of their two-day meeting. The Fed traditionally raises interest rates in a series of small increases. The implied forecasts in the far out futures suggest that interest rates might be increased by one-half or three-quarter of one percentage point by July 2016. What will rate increases mean for commodity prices?For a one percentage point increase in interest rates the high end of past research suggests a fall in agricultural commodity prices of five or six percent, with other results (including mine) suggesting smaller impacts. My recent research suggests that interest rate sensitivity is still in this range even during the period of the Fed’s historically unprecedented interventions,. Thus, the increase in interest rates anticipated by the start of next summer’s harvest should be expected to cause at most a two or three percent decline in agricultural commodity prices. That means roughly a dime or so per bushel for corn and wheat and maybe a quarter per bushel for soybeans.However, given that the relationship between interest rates and commodity prices is well known, the futures markets for agricultural commodities likely have already partially priced in those impacts. I would not expect the inevitable increase in interest rates to be positive for commodity prices, but the magnitude of the negative impact should be relatively small and fairly evenly spread across the major row crops.The effects generally manifest themselves slowly, with full adjustment to a new equilibrium level after interest rate moves taking about a year. Further, there is some evidence of overshooting when prices adjust, meaning that prices might drop sharply in the first few months and then recover some of those losses over the next year as everyone adjusts to the new level of interest rates. Therefore, if you see a big move in commodity futures prices after the Fed’s first announcement of a rise in their interest rates, do not panic; things should settle down. When and how fast will this happen?Given the Fed’s avowals to go slowly in raising interest rates, I expect to see increases to begin on Dec. 16 and rates to continue to rise in total about 2% in a series of seven or eight increases of a quarter of a percent each (although there is some chance they innovate and raise by only one-eighth of a percent at a time). It might easily take the Fed two years or more to finish this rise in interest rates. That means perhaps a drop of 5% to 10% in agricultural commodity prices spread over three crop marketing years.We should anticipate at least one year of rising rates, and given the current circumstances, I expect this to be one of the longest and slowest rate normalizations ever. It is likely the Fed will continue slow rate increases for more than two years (unless a recession interrupts them and spurs a return to rate cuts).Obviously, producers will not be excited about anything that lowers commodity prices further from today’s levels. However, given the natural variability in prices, it will be hard to pin down a 5% or 10% drop spread over three crop years. So, the main takeaways from this discussion of the long-anticipated rise in interest rates are that it appears to have finally arrived and it will not be positive for agricultural prices. Still, there is no need to overreact as the magnitude of the impact is likely to be reasonable small and to arrive slowly.
How to Write a Welcome Email to New Employees? Related Posts Last week hosted search provider IndexTank announced its new API that enables developers to add search to their applications or build search engines from data sets available on the Web. Documentation can be found here. The API uses an elastic, pay as you go model.IndexTank was founded by former Inktomi software architect Diego Basch. It features real-time feed indexing, instantly available data, location based search and more.Reddit is one of IndexTank’s flagship customers. “We’d never had a really good search implementation,” David King of Reddit is quoted in a case study. “We werecontinually outgrowing whatever we had in place.” Reddit eventually outsourced its search to IndexTank. According to the case study, Reddit placed a simple yes or no survey question at the bottom of search result pages asking users if they were satisfied with the results. During the IndexTank beta, 70% of users answered “yes.” That number has since risen to 80%.WordPress is another customer of IndexTank, and those that don’t want mess with an API can use a WordPress plugin to add IndexTank to their sites.There’s also an add-on for Heroku. Why You Love Online Quizzes klint finley Tags:#APIs#hack 7 Types of Video that will Make a Massive Impac… Growing Phone Scams: 5 Tips To Avoid
TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say Napoli coach Ancelotti opens door to signing Ibrahimovicby Carlos Volcano6 days agoSend to a friendShare the loveNapoli coach Carlo Ancelotti has opened the door to signing LA Galaxy star Zlatan Ibrahimovic.Ibrahimovic told Gazzetta dello Sport that he would love an experience at Napoli, especially as he already worked with Ancelotti.After victory over Hellas Verona, Ancelotti joked: “I’ll call him tonight and say we’re waiting! “I have a great deal of affection for him, I saw he scored 29 goals in 30 MLS games. Tomorrow, after I’ve called him, I’ll let you know how it went!”The Swede will be a free agent when his LA Galaxy contract expires in December.
Atletico Madrid coach Simeone happy with ‘passion’ beating Bayer Leverkusenby Carlos Volcano3 days agoSend to a friendShare the loveAtletico Madrid coach Diego Simeone was happy to scrape a 1-0 victory over Champions League opponents Bayer Leverkusen.Alvaro Morata proved the matchwinner on the day.”I feel good when I see passion and today the team had passion,” said Simeone.”We can play well or poorly, but there’s a path.”We’re close to doing things well.”Some of that passion boiled over into whistles from the fans in the stands, but the coach wasn’t too worried about that.”People are spontaneous,” he said.”We have to try to turn those whistles into applause.”He added: “Anxiety’s normal, the team grew in confidence. We saw some good things tonight although we have to improve when we are in or close to the opponents’ box. It’s not easy for any team because all of our rivals defend well.” About the authorCarlos VolcanoShare the loveHave your say
TORONTO – Global alcohol giant Constellation Brands will invest $5 billion in Canopy Growth Corp. — the largest strategic investment in the cannabis space to date — which the marijuana producer says will help it scale up and fend off competition from established players in big pharma and booze who are hungrily eyeing the pot industry.Canopy chief executive Bruce Linton called the infusion of capital “rocket fuel” for the Smiths Falls, Ont.-based licensed producer, enabling it to extend its global reach as more markets legalize cannabis around the world.Canada will this fall become the second country in the world to legalize marijuana for recreational use, sparking a flurry of activity in the homegrown sector. But in the coming years, Canopy’s competition will be the likes of “big pharma,” and “packaged beverage,” rather than Canadian cannabis companies, Linton told analysts on a conference call Wednesday.“This about accelerating and getting way further out there before those other big names are in,” Linton said. “Getting our products, staking our claims, having the leverage that we have now and moving up.”As part of the deal, the global producer of beer, wine and spirits will make Canopy its exclusive global cannabis partner.Constellation Brands will own 38 per cent of Canopy under the deal, in which it will acquire 104.5 million Canopy shares at a price of $48.60 per share. Canopy shares closed Wednesday’s trading session on the Toronto Stock Exchange at $42.20, up more than 31 per cent.The investment follows a deal last year that saw the Corona-beer maker acquire a nearly 10 per cent stake in Canopy for $245 million and included collaboration on the development of cannabis-based drinks.Its chief executive Rob Sands called the deal a “powerful partnership” as markets for cannabis are “opening up much more rapidly than appreciated.”“This is an extremely exciting time to be part of what could potentially be one of the most significant global growth opportunities for the next decade,” Sands told an investor conference call Wednesday.The Constellation deal comes as other alcohol companies have also started honing in on the cannabis industry. Earlier this month, Molson Coors Canada entered into a joint venture with the Hydropothecary Corp. to develop non-alcoholic cannabis-infused products. As well, Heineken-owned Lagunitas Brewing Co. recently introduced a cannabis-infused hoppy sparkling water in California.Constellation’s investment on Wednesday is by far the largest strategic investment seen in the space to date, said Russell Stanley, an analyst with Echelon Wealth Partners in a research note.“Cannabis is quickly becoming a truly global business… We view the Canopy/Constellation news as further proof that a global market opportunity awaits, with Canadian-listed companies well positioned to participate given their head start and superior access to capital,” he said.Linton said Wednesday the money would largely be used to position the licensed producer for international expansion opportunities as cannabis becomes legal in new regions. Priority markets include the United States, Europe and Latin America, he added.“As we look around the world, we’re going to be expanding production, we’re going to be doing more research, we’re going to develop more intellectual property… And we’re going to be way more global,” he told analysts on a conference call.Canopy’s target acquisition list exceeds $1 billion for international assets and non-cultivation assets in Canada, Linton said. The licensed medical marijuana producer doesn’t intend to acquire any cultivation assets at home, as it is easier to build their own, but would be eyeing domestic assets such as bottling lines, he added.As part of the partnership, Canopy has a services arrangement with Constellation to use its resources, which would help with a U.S. expansion once permitted, Linton added.The U.S., where cannabis is legal for medical or recreational use in several states but remains illegal at the federal level, is the “best market” and will become “federally legal sooner than people think,” he said.“We are going to do everything that is fully federally lawful to be available in a market. And we think there are mechanisms of action that we can take that we’re working through. There will be nothing federally illegal in what we do,” he said.Constellation will also receive 139.7 million new warrants, which are exercisable over the next three years. If Constellation exercises all of its existing and new warrants, its ownership in Canopy would exceed 50 per cent.The agreement Wednesday will also see Constellation nominate four directors to Canopy Growth’s seven-member board of directors. The investment, which is expected to close by the end of October, is subject to customary closing conditions, including Canopy shareholder approval and regulatory approvals.The investment deal came as Canopy reported a loss of $80.3 million or 40 cents per share for the quarter ended June 30 as it continued to ramp up its operations ahead of the legalization of recreational marijuana in Canada later this year.The loss compared with a loss of nearly $9.1 million or six cents per share a year ago.Revenue for the three-month period totalled $25.9 million, up from nearly $15.9 million in the same quarter a year earlier.Companies in this story: (TSX:WEED)
Bernier said that one of his chief concerns is the potential ramifications for the natural gas extraction industry due to the upcoming final investment decision from LNG Canada, which is anticipated to occur before the end of the year.“The last thing we need is to be raising more red flags that could stand in the way of building TransCanada’s Coastal GasLink pipeline,” he added. DAWSON CREEK, B.C. – Peace River South MLA Mike Bernier says he’s concerned about some of the recommendations that were made to Agriculture Minister Lana Popham in an interim report by an advisory committee looking into revitalizing the Agricultural Land Commission and Agricultural Land Reserve, saying that those recommendations could have a negative impact on the Peace Region’s oil and gas industry.The committee’s interim report, released last Wednesday, identified 13 recommendations for legislative and regulatory change, as well as four recommendations for action to protect the ALR.The committee also identified 14 key issues that are still under consideration for its final report. Among the recommendations for action to protect the ALR, the committee made two recommendations to mitigate the impacts of oil and gas activity on agricultural lands.The committee recommended that a Deputy Minister-level multi-agency and multi-jurisdictional task force to develop a strategy focused on how a balance can be achieved between agriculture and oil and gas extraction, as well as for the ALC to have an increased presence in Northern B.C.“The Committee has previously noted that it is imperative there be a government-wide policy shift in identifying agricultural land and industry as a resource equivalent to other resources, and oil and gas is no exception,” reads the report. “It is essential an ‘agriculture-first’ approach be applied to the ALR in the Northeast.”The report goes on to say that, “The development of the energy sector has exceeded the capacity of the current regulatory environment to protect farmland. The impacts of oil and gas extraction on agricultural land and farm businesses in Northeast B.C. have reached a breaking point. Cumulative impacts over the last decade from accelerating oil and gas development have rendered portions of agricultural lands unusable and others difficult to farm. With continued changes in extraction and processing methods along with the pace and scale of development, these activities that were once considered temporary are no longer. Instead they are permanent industrial sites built on farmland and next to farm communities.”However, Bernier says that the committee’s report contains recommendations that would seek to undo changes that were made by the previous Liberal government in 2014 which he says gives farmers with ALR land more flexibility.“For over fifty years both industries have operated side by side in harmony and without major incident,” said Bernier. “Four years ago the previous government divided the ALR into two separate zones in order to recognize regional differences and give farmers more opportunities to make money on their land. The Minister of Agriculture’s Advisory Committee for Revitalizing the ALR wants to change all that, and quite a bit more.”
“British Columbia is fortunate to have an abundance of wildlife, including both black bears and grizzly bears,” says Daniell. “But, as urban development expands into wild animal habitats, bear encounters have become a normal part of life, with tragic consequences for the bears.” In the fall, as bears prepare for hibernation they need to build up fat to survive the winter. They seek out easily accessed foods, including compost, garbage and fruit trees. “Unfortunately, these food sources bring bears and people closer together,” says Daniell. “Over time, bears may lose their natural fear of people and start to associate people with food. Sadly, hundreds of ‘problem’ bears end up being killed by conservation officers in B.C. every year.”The BC SPCA is reminding British Columbians to do their part in keeping B.C. bears safe by being aware of the following attractants;Ripe or fallen fruitUnsecured garbage and compost/food scrapsOutdoor pet food storageBird feedersOutdoor fridges and freezersBeehivesChicken coops“We can all take easy steps to protect bears from becoming victims,” says Daniell. “And what better way to reward yourself for making the effort than with a glass of The Bear wine?”For more information on where to buy The Bear wine, visit northernlightswinery.ca. PRINCE GEORGE, B.C. – The BC SPCA has partnered with Northern Lights Estate Winery and has launched ‘The Bear’, a new Pinot Gris-style wine that is raising awareness and funds to help BC bears.Using surplus apples sourced from local properties to make the wine and the goal to deter bears from entering developed areas in search of leftover or fallen fruit. ‘The Bear’ will help protect local bears as well $2 from the sale of each bottle will be given to the BC SPCA to help animals in need across B.C.In a statement by Craig Daniell, Chief Executive Officer of the BC SPCA says the initiative is a creative example of how individuals and businesses can make a difference for B.C. wildlife.
Gurugram: A week after Sajid Siddiqui filed a complaint against the mob attack at his home on March 21, a cross-FIR has been filed against Mohammad Sajid’s family. The FIR has been filed in Gurugram’s Bhondsi police station under Section 34 (acts are done by several persons in furtherance of common intention) sections 323 (voluntarily causing hurt) and 324 (voluntarily causing hurt by dangerous weapons or means). The complainant in the case is Rajkumar. Also Read – After eight years, businessman arrested for kidnap & murder”After being treated, he heard that the situation had blown out of proportion in the village and there was a mob attack. On hearing all this, he preferred to leave the hospital without telling anyone,” Subash Boken, the Gurugram spokesperson said. Sajid’s brother Dilshad had filed an FIR in the case March 21, the day when the incident happened. A video of at least 25 men vandalising Siddiqui and attacking his family went viral. No arrests have been made in the case yet. Also Read – Two brothers held for snatchingsThe victims also alleged that the suspects’ family and friends have been mixing with people visiting their home since the attack to keep a tab on their plans. “We are living in constant fear of being watched,” Mohammad Sajid, the owner of the house, said. The family had earlier stated that they were being pressured to reach a compromise with the suspects. The migrant Muslim family, which was attacked by a group of men with sticks and rods in Dhumaspur village of Bhondsi, said on Wednesday that they will seek legal counsel if the police register a cross-FIR in the March 21 violence that left at least 12 of the family injured, including three children. The family denied claims that the 18-year-old suspect’s head was injured when the family allegedly pelted stones after a petty fight over cricket. The family instead claimed that Rajkumar, who surrendered at the Bhondsi police station on Tuesday, was injured when “the mob” entered their home and beat the family members. Meanwhile, villagers from Nayagaon, where the suspects live, maintained that they too have suffered physical harm and that the police must register a cross FIR. The Gurugram police have highlighted that cross-FIR has been filed after the verifying all the claims.