Made your decision yet? Evaluate MPP, LGM and the futures market to construct a safety net

first_imgDave NatzkeEditorProgressive DairymanEmail Dave Natzkedave@progressivepublish.com Part of the confusion in trying to develop a “safety net” for an individual dairy is the available tools use different factors to calculate costs and margins, so results aren’t always easily comparable. In addition, the “coverage” periods to apply those safety nets also differ.advertisementadvertisementTools to try to protect income margins include two federal programs, the Margin Protection Program for Dairy (MPP-Dairy) and Livestock Gross Margin for Dairy (LGM-Dairy). Dairy co-ops may offer plans for members, and there’s the ability to purchase futures contracts for milk and feed, using puts and options to establish floors and ceilings in an effort to protect desired margins.Alan Zepp, risk management program manager at Pennsylvania’s Center for Dairy Excellence (CDE), reviews MPP-Dairy, LGM-Dairy and the Chicago Mercantile Exchange (CME) futures market during his monthly “Protecting Your Profits” conference calls.With farmers eligible to drop out of MPP-Dairy for 2018, early indications are more producers are looking to LGM-Dairy to provide a safety net. According to USDA Risk Management Agency (RMA) data, the number of fiscal year 2018 policies sold have jumped dramatically, totaling nearly one-half of the number sold during all of fiscal year 2017. That may raise some federal funding concerns (more on that below).Calculations differTo help producers make decisions going forward, let’s first look at differences in income margin calculations under the two federally subsidized programs:• Insurable LGM-Dairy margins are calculated with Class III milk futures prices and futures prices for corn and soybean meal. Producers can select the type of ration they want to include in the calculations. They can also select “deductible” levels of coverage.advertisement• MPP-Dairy margins are calculated using monthly USDA National Ag Statistics Service national average prices for all milk, corn, soybeans and hay. MPP-Dairy has an established ration to calculate feed costs.Those differences mean monthly milk income over feed cost margin calculations differ by about $1.50 per hundredweight (cwt), even though we’re talking about the same milk and a similar feed ration. For example, as of Dec. 1, the 10-month (February-November 2018) insurable margin under LGM-Dairy was about $7.02 per cwt. Full-year estimated 2018 margins projected under MPP-Dairy averaged $8.54 per cwt. While there’s a margin difference of about $1.52 per cwt between the two, the numbers essentially represent the same thing, Zepp said.LGM-DairyLGM-Dairy users have greater flexibility, not only in selecting the time period covered, but also in selecting a ration to calculate the feed cost portion of the margin formula. LGM-Dairy allows producers to purchase income margin insurance on a monthly or multimonth basis (up to 10 months). The sales period is held the last Friday-Saturday of each month.The December LGM-Dairy sales period is Dec. 29-30, with policies available through crop insurance agents certified to sell LGM-Dairy. Participants can purchase coverage for any month(s) between February-November 2018, or for the entire 10-month period.LGM-Dairy is not without its risks. Coverage may be limited due to annual USDA Risk Management Agency budget caps. If the program reaches underwriting capacity during the year – as it did in 2011 – all policy sales cease until the next budget year. So far, the pace of sales in fiscal year 2018 is double the rate of 2017, but half the rate of 2011. If insurable margins improve, policy sales might too.In addition to funding issues, computer problems have resulted in producers unable to purchase policies during designated sales periods. Under rules of the program, sales periods are not reopened in the event of technical problems.advertisementMPP-DairyBy now, most producers are familiar with MPP-Dairy, the program created in the 2014 Farm Bill. Participants could select the percentage of milk production they wanted to cover and the margin they wanted to insure in 50-cent increments, between $4 and $8 per cwt. The program’s shortcomings have been well-documented. In part due to congressional tinkering, factors used in feed cost calculations did not represent true feed costs, resulting in artificially high income margins that seldom triggered indemnity payments. There hasn’t been an MPP-Dairy indemnity payment since May-June 2016, and then to only those insured at the top margin levels.MPP-Dairy is in its final year in its current form, and proponents hope the program can be revised in the 2018 Farm Bill to provide a better safety net.Cindy Walters, agricultural program specialist with Pennsylvania’s USDA Farm Service Agency (FSA), summarized MPP-Dairy as the 2018 enrollment deadline approaches.• As in previous years, producers can sign up for catastrophic or buy-up coverage by Dec. 15.• Producers can opt out of the 2018 program and simply do nothing, saving the $100 annual administrative fee.• In the event milk prices or dairy margins decline dramatically, producers can late enroll for 2018 coverage anytime prior to Oct. 31, 2018, but only at the catastrophic ($4 per cwt) level. And, late filing does not provide protection retroactively. If a farmer files for 2018 MPP-Dairy in July 2018, he/she would not receive any payment for the January-February, March-April of May-June MPP-Dairy pay periods, even if the margin falls below $4 per cwt at any time during the first six months of the year.A reminder: Producers who opt out of MPP-Dairy may purchase LGM-Dairy coverage, but they will no longer be eligible for MPP-Dairy coverage at any level. Participation in both MPP-Dairy and LGM-Dairy simultaneously remains forbidden.Payout expectationsDepending on the level of coverage selected by an individual producer, LGM-Dairy provided indemnity payments over the past year, allowing producers to create their own safety net, Zepp said. However, market conditions have changed substantially.For the foreseeable future, today’s expected LGM-Dairy insurable margins are the lowest since June 2014, proving less incentive for most producers to use the program except in setting a floor in event of a price crash.“I don’t want to create any false enthusiasm. The standard stockbroker disclaimer applies: Past results don’t indicate future results,” Zepp said.Those market changes have pulled MPP-Dairy back into the risk management picture for some producers, especially for those producing less than 4 million pounds of milk annually (Tier 1). Those producers receive a substantial break in premium costs compared to larger producers.Based on milk and feed futures prices as of Dec. 4, the Program on Dairy Markets and Policy projected monthly MPP-Dairy margins to decline through May 2018, falling below $8 per cwt from February through June. Those margins would trigger MPP-Dairy indemnity payments for those insured at the top level.“Everybody has been so angry with MPP-Dairy that they haven’t paid attention to it, but I honestly think it might fit, mostly for Tier 1 farms who just want some simple, basic coverage,” Zepp said. Purchasing $6.50 per cwt margin coverage for just 9 cents per cwt “might not be a bad decision.”Comparing costsAs of Dec. 1, Class III futures prices averaged $15.32 per cwt; Class IV futures prices averaged $14.66 per cwt for the 12 months of 2018.Using those milk prices and futures prices for corn and soybean meal in a minimum feed value ration, the 10-month insurable margin under LGM-Dairy would be about $7.02 per cwt.Under LGM-Dairy’s least-cost calculations (common for producers who grow their own feed and may purchase some protein), protecting that margin would cost about 50 cents per cwt; a $1 deductible would cost 11 cents per cwt; and a $1.50 deductible policy would cost 5 cents per cwt.Protecting an LGM-Dairy margin using a ration similar to MPP-Dairy would cost 54 cents per cwt for a zero-deductible policy; 14 cents per cwt for a $1 deductible policy; and 7 cents for a $1.50 deductible policy.Under the same milk and feed price conditions, the estimated MPP-Dairy margin for all of 2018 was $8.54 per cwt. However, based on milk and feed futures prices as of Dec. 4, the Program on Dairy Markets and Policy projected monthly MPP-Dairy margins to decline from November 2017 through May 2018, falling below $8 per cwt from February through June. Those margins would trigger MPP-Dairy indemnity payments for those insured at the top level.For Tier 1 producers buying $8 per cwt MPP-Dairy coverage, premiums cost 47.5 cents per cwt; $7 coverage cost 21.7 cents per cwt; and $6.50 per cwt coverage would cost 9 cents per cwt. If margins weaken further, those lower triggers could come into play.Using optionsFor producers who choose the futures market to protect their milk price, individually or through their cooperative, a Class III put option to protect a March 2018 floor of $14.75 per cwt cost 60 cents per cwt; a $13.75 per cwt put option (similar to a $1 deductible LGM-Dairy policy) cost 20 cents per cwt. CME milk contracts typically cost 2-4 cents per cwt.Put option costs fluctuate monthly, with costs to protect distant months higher due to the uncertainty of milk prices. For example, as of Dec. 1, a January 2018 “at-the-money” put on a Class III contract cost 30 cents per cwt, while a December 2018 put cost 94 cents per cwt.CME contracts and options are sold on a monthly basis, and minimum volumes apply. CME contracts and options for Class III and Class IV milk are for 200,000 pounds of milk, covering the monthly milk production of 80 to 100 cows, depending on herd production levels. When marketing through a co-op, most – but not all – co-ops break futures contracts down to smaller increments. For example, a farm could sell 50,000 pounds of milk in one month instead of the 200,000-pound contract.For producers purchasing feed, as of Dec. 1, using an “at the money” call option to set a $3.60 per bushel ceiling to buy corn in March would cost 9.2 cents per bushel. A 100-ton soybean meal contract for March 2018 was trading at $333.50 per ton. To establish a $335 per ton soybean meal price ceiling, an “at the money” call option was trading at $14.95 per ton.Unpredictable marketThere are a lot of questions looming for dairy markets in 2018, Zepp warned.“2018 does not look like a strong year, at least for the first six months. I encourage producers to put some coverage on, at least for the beginning of the year. It could be LGM-Dairy or MPP-Dairy. If you’re looking for simple and easy, MPP-Dairy – with all its flaws – might be a best option for some.”There may be other options ahead, but not likely in the near future. Best-guess scenarios suggest American Farm Bureau Federation’s Revenue Protection program might be implemented by September 2018.Zepp’s next Protecting Your Profits conference call is Dec. 20. The next sales period for LGM-Dairy is Dec. 29-30.   Editor’s note: While this article seeks to explain different options to protect milk prices and income margins, it’s imperative you talk to professional milk marketers and insurance agents before making risk management decisions.last_img read more

Fishing industry well placed to avoid disastrous Brexit – KFO

first_imgThe Irish fishing is well placed to avoid a disastrous hard Brexit with the publication of the draft withdrawal agreement and outline political declaration, say Donegal fishing bosses. The CEO of the Killybegs Fishermen’s Organisation, Seán O’Donoghue has welcomed the drafts as a positive first step.Both the draft withdrawal agreement, which seals the terms under which Britain will exit the EU, as well as the outline political declaration reflect the key concerns articulated by the Irish fishing industry in the course of the marathon 29 month negotiations. “We are quite encouraged by the text of both documents and recognise what is the culmination of a seismic job of work. In respect of fisheries, these high-stakes negotiations were very efficiently managed by the Irish Government, particularly the Taoiseach Leo Varadkar, Tánaiste Simon Coveney and Minister Michael Creed in tandem with EU Chief Negotiator, Michel Barnier and their respective officials.“Having fisheries referenced specifically in the draft withdrawal agreement – and maintaining the link to the wider trade sector in the political declaration – is a key ask from our perspective. We welcome progress made yesterday on the Brexit withdrawal agreement. This is a significant first step in defining our relations with an important neighbour and we hope that this constructive spirit will carry on into the next phase of negotiations.“While strong foundations have now been laid, the construction of the building comes next and this will require the same level of focus, determination and concerted endeavour on the part of all relevant stakeholders to ensure an edifice that is fit-for-purpose. We know only too well from experience that fisheries negotiations are multi-faceted and highly complex and much remains to be agreed.“We firmly believe that the future framework for fisheries, after the transition period, needs to maintain the current levels of reciprocal access to waters and markets, as well as sound science-based fisheries management. The text presented on the table takes the first steps to deliver on this and we look forward to productive negotiations in the near future. “Yesterday the Taoiseach reiterated remarks he made previously relating to the Irish fisheries sector which we have always agreed with. Aside from recognising the importance of access to UK waters, he commented on the importance of the UK selling its fish to the EU. He also stated: ‘The UK will want other things as well, for example, with regard to financial services. All these matters are interlinked and will be part of the future relationship and while the UK might have a strong hand when it comes to fisheries we have a strong hand when it comes to services and other matters too.’”Ireland’s two biggest fisheries, mackerel (60%) and nephrops (40%) (or prawns) are hugely dependent on access to UK waters with the overall dependency for all stocks of over 30%. Maintaining reciprocal access to waters and resources need to be at the heart of the post-Brexit relationship in fisheries given the historic ties and inextricable links between our countries and industries.Mr O’Donoghue concluded by acknowledging the effectiveness of the united approach taken by the European Fisheries Alliance (EUFA) which was established less than two months after the British vote to protect the interests of fleets from national organisations in Belgium, Denmark, France, Germany, Ireland, the Netherlands, Poland, Spain and Sweden. The alliance accounts for over 18,000 fishermen and 3,500 vessels with an annual turnover €20.7 billion.Fishing industry well placed to avoid disastrous Brexit – KFO was last modified: November 15th, 2018 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

Additional Closings Occuring at Disney’s Hollywood Studios

first_imgShare This!©Rikki NiblettSo, in my earlier article today, I mentioned how Lights, Motors, Action! Extreme Stunt Show was closing, as well as a few other things on the Streets of America. At the time, I was unaware of what would be removed, but according to the Orlando Sentinel, it’s actually quite a list of attractions that will no longer be available for Guests to experience beginning April 2.In addition to the stunt show, the Earful Tower, a staple and icon for the park, will be removed. (Though no official dates has been announced for the removal of the park’s landmark.)Other attractions that are closing on April 2 will be the Honey I Shrunk The Kids Movie Set Adventure (which needed to go, a minimum of 10 years ago) and the Monsters Inc. meet and greet. Also slated to close will be the Studios Catering Co., a counter service restaurant found in the back of the park.Again, as I mentioned before, I am sure that more news will be coming out here soon about other closures and removals as we move toward expansion of the park, so I’ll make sure to keep you posted!last_img read more

Walt Disney World Preview — Week of April 28

first_imgAs of April 27, three new bus stops will be opening at Disney’s Caribbean Beach Resort. These will be found on the south side of the Old Port Royale building.Guests who are staying at a Walt Disney World Resort Hotel can make FastPass+ reservations for Toy Story Land! For more info on the new FP+ tiering levels, check out Rikki’s article.Memory Maker One Day can now be purchased at any time. This option provides guests with one day’s worth of digital PhotoPass photos taken at the Walt Disney World Resort. The cost is $69 and you’ll have 45 days to link and download your photos. For more details, click here.WeatherFor the most current weather conditions, click here.Crowd LevelsFor more information about crowd levels, click here.Park Hours Share This!Free Dining dates have finally been released, and Disney’s Animal Kingdom park has increased their Extra Magic Hours. For more Walt Disney World news, you know what to do!Special EventsDates for the Free Dining Promotion have been released! Vacations must be booked by July 7, 2018, and the qualifying dates are listed below:August 20 – September 29November 24 – 27December 7 – 23 Attractions Closed For RefurbishmentsMagic Kingdom:Liberty Square RiverboatIncredible Tomorrowland Expo (Re-opens 5/25)Epcot:Kringla Bakeri og KafeWill you be taking advantage of the Free Dining Promotion? Let us know in the comments!last_img read more

Moody’s rating: South Africa has plans to revive economy

first_img7 November 2014Moody’s decision to downgrade South Africa’s credit rating confirms the need for the country to implement growth-inducing initiatives.Responding to credit rating agency Moody’s Investor Services decision on Thursday, 6 November to downgrade South Africa’s credit rating from Baa1 to Baa2, National Treasury said the slowdown in the economy has spurred government to come up with measures to revive the economy.The Medium Term Strategic Framework, announced by Finance Minister Nhlanhla Nene in his 2014 Medium Term budget, is one such measure. The framework prioritises initiatives that will boost investment including major projects in rail, energy and ports.“Furthermore, focus in the medium term will be on accelerating the structural changes that are already underway and whose impact will support economic growth,’ said Treasury in a statement.Moody’s also revised the credit outlook for South Africa from negative to stable, retaining South Africa’s rating in investment grade. The agency said several factors informed its decision to assign the country a stable outlook and these include: South Africa’s position as the most developed country in Africa, offering by far the deepest capital marketThe country possesses one of the most sophisticated financial systems among emerging countriesIt has an economy that has a diversified productive base, with substantial value-added from domestic sourcesSouth Africa has highly advanced infrastructure compared with most emerging marketsIts institutions, especially the judiciary, are stronger than many of its peersHas recorded important milestones in the past 20 years which include the early establishment of macroeconomic policy credibility, expansion of services, housing and utilities and the emergence of the black middle class.In addition to the above, Moody’s said South Africa is committed to reigning in government debt growth over the medium term. The support that the National Development Plan (NDP) has received from the political sphere, introduction of tighter monetary policy and fiscal restraint will help stabilize the debt burden over the medium term, according to Moody’s.“The rating agency’s decision to assign a stable outlook to the current ratings affirms government’s commitment to fiscal discipline, which was reinforced by the recently published Medium Term Budget Policy Statement,’ said Treasury, adding that South Africa is committed to narrowing the budget deficit, stabilising debt and rebuilding the fiscal space that enabled the country to extricate itself out of the debilitating 2008/9 global economic crisis.Adding Treasury said South Africa will continue to implement “prudent’ macroeconomic policies which have been the hallmark of government since 1994.“Government will continue to make tough decisions that are necessary to address out challenges so we can build on the gains we have made over the past 20 years to improve the lives of our people,’ said Treasury.SAinfo reporterlast_img read more

Mozilla Proposes Half-Hearted Extended Release Cycle for Enterprises

first_imgTags:#hack#news The accelerated Firefox release cycle may be great for many users, but enterprise IT folks were not thrilled. To their credit, the folks at Mozilla eventually took the complaints seriously and founded a working group to address enterprise desktop needs. However, it seems clear that the Extended Support Releases (ESRs) will be second-class citizens.The working group has made progress and come up with a proposal that would provide an ESR for Firefox. If it’s accepted, ESR’s will have life cycle of nearly one year, and a 12 week overlap between the ESR releases.The current assumption is that the first ESR would be Firefox 8 or 9, and Mozilla would commit to backporting “critical” and “high” level security bugs. Security issues with lesser severity would be included “at Mozilla’s discretion.” The ESRs would have their own update channel, and point releases for the ESR would follow the Firefox six-week cycle. Anybody can use the ESRs, but Mozilla doesn’t plan to go out of its way to advertise them to consumers. According to the proposal, “the ESR will not be marketed through Mozilla.com properties other than the Enterprise wiki page and/or staging servers.” Firefox 3.6, which is still seeing updates, would stop seeing updates 12 weeks after the introduction of the first ESR. Risks and CaveatsNote that this applies only to Firefox on the desktop, so mobile users are not going to see any changes. Mozilla also warns that the ESR won’t get the same kind of widespread testing that its nightly and beta groups provide, since it would be a different channel. How to Write a Welcome Email to New Employees? Growing Phone Scams: 5 Tips To Avoid Related Posts joe brockmeier 1center_img Even though Mozilla will be issuing some security updates for the ESRs, it warns that ESRs will be “less secure” than the stock Firefox. New features that make Firefox more secure won’t be backported, and “only high-risk/impact security patches will be backported.” The working group also notes that maintaining an ESR will “consume resources” that might impact the regular release of other products. Grudging SupportOne one hand, you have to give Mozilla credit for trying to address enterprise problems. However, it’s clear that Mozilla isn’t focused on the enterprise and it’s arguable that enterprise demands are a distraction. Mozilla is a project trying to meet the needs of hundreds of millions of “regular” users. Enterprises that want rigorous testing and long product life cycles typically have to pay for the privilege, even when you’re talking about open source software. But the effort required to support enterprises or other large organizations that demand longer product lifecycles is disproportionate to the benefit that Mozilla will derive from offering the ESRs. Accordingly, the ESR looks like it’s a half-hearted attempt at addressing criticism rather than full-on attacking a problem as Mozilla does with mainstream Firefox. I’m not saying that Mozilla won’t make a best-effort attempt to deliver what it’s promising with the ESRs. However, ESR releases would clearly be second-class citizens. Love or loathe Internet Explorer, enterprise users and consumers get the same product. That won’t be the case with Firefox ESRs. Mozilla seems to be between a rock and a hard place here. Unlike Microsoft and Google, there’s little upside for Mozilla in engaging enterprises. There’s no set of enterprise products for Mozilla to sell to large and slow-moving organizations, but it faces added costs and development burden to be dealt with to keep enterprises happy. Ceding the enterprise desktop to Microsoft, however, weakens Mozilla elsewhere. Perhaps Mozilla should consider a Red Hat-like model for its enterprise channels? Even a token subscription fee would at least demonstrate that organizations are serious about supporting Mozilla in exchange for addressing their specific needs. What do you think? Is the ESR proposal a reasonable solution, or should Mozilla be trying a different approach with this audience? Why You Love Online Quizzes 7 Types of Video that will Make a Massive Impac…last_img read more

The colours of love

first_imgCliches about diamonds are about as old as the stones themselves, more so in the context of engagement rings. But with avant garde being the new trend, turn tradition on its head by sporting colour on your engagement ring instead of your flawless best friend. Faberge already offers an inspired,Cliches about diamonds are about as old as the stones themselves, more so in the context of engagement rings. But with avant garde being the new trend, turn tradition on its head by sporting colour on your engagement ring instead of your flawless best friend. Faberge already offers an inspired collection in case you are out of ideas. Emeralds, rubies and sapphires-the colourful trinity-unseat diamonds in Faberge’s engagement collection.This colourful renaissance pays homage to Faberge’s illustrious history by incorporating the venerated gold-fluting technique, a quintessential Faberge effect that provides a highly distinctive yet contemporary flourish. Keeping in step with its tradition of delight, surprise and discovery, the brand’s engagement and wedding rings conceal, on the inside of each band, an additional gem of matching colour that remains in direct contact with the wearer, thus, ensuring an unbroken bond between partners.Price on request; Availability faberge.comlast_img read more

Bahamas Public Forecast

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, September 25, 2017 – Nassau – THIS IS A PUBLIC FORECAST FOR TODAY AND TONIGHT MONDAY 25TH SEPTEMBER 2017 ISSUED BY THE BAHAMAS OF METEOROLOGY AT 6AMGENERAL SITUATION:  A SURFACE TROUGH EXTENDS INTO THE BAHAMAS IN THE WAKE OF MARIA CONTINUES TO SUPPORT SOME UNSETTLED WEATHER ACROSS THE AREA WHILE ROUGH SEAS CONTINUES TO PERSIST THROUGHOUT THE BAHAMAS.SPECIAL WARNINGS: MARINERS SHOULD BE ALERT FOR POTENTIAL WATERSPOUTS… ALSO, BOATERS AND BEACHGOERS SHOULD EXERCISE EXTREME CAUTION DUE TO LARGE OCEAN SWELLS, ROUGH SURF AND THE HIGH RISK OF DANGEROUS AND LIFE THREATENING RIP CURRENTS ALONG THE NORTH AND EAST COAST BEACHES.ALL AREASWEATHER: PARTLY SUNNY, HOT AND HUMID WITH WIDELY SCATTERED SHOWERS AND ISOLATED THUNDERSTORMS TODAY. MAINLY FAIR AND WARM TONIGHT.ADVISORY: A SMALL CRAFT ADVISORY REMAINS IN EFFECT. BOATERS SHOULD BE ALERT FOR GUSTY WINDS AND HIGHER SEAS IN OR NEAR HEAVY SHOWERS AND THUNDERSTORMS.WINDS:  VARIABLE AT 10 KNOTS OR LESS OVER OPEN WATERS.SEAS: 3 FEET OR LESS, BUT UP TO 10 TO 13 FEET IN MODERATE TO LARGE NORTH TO NORTHEASTERLY SWELLS OVER THE OCEAN.DAYTIME HIGH TEMPERATURE           91 °F       33 °COVERNITE LOW TEMPERATURE          79 °F       26 °CSUNRISE:       7:00AM                                                         SUNSET:       7:03PMMOONRISE: 11:43AM                                                         MOONSET: 10:58PMHIGH TIDE: 12:05PM                           &                             12:23AM TUELOW TIDE:   5:30PM                             &                              6:31AM TUEEXTENDED FORECAST: A SURFACE TROUGH WILL EXTEND INTO THE BAHAMAS THROUGH WEDNESDAY NIGHT THEN BECOME DIFFUSE THURSDAY AS THE SWELL GENERATED BY MARIA WILL SLOWLY DECAY THROUGH THE END OF THE WEEK.FORECAST FOR TUESDAY   WEATHER: PARTLY TO MOSTLY SUNNY, HOT AND HUMID WITH ISOLATED SHOWERS AND THUNDERSTORMS.WINDS: VARIABLE AT 10 KNOTS OR LESS OVER OPEN WATERSSEAS: 3 FEET OR LESS, BUT UP TO 13 FEET IN MODERATE TO LARGE NORTH TO NORTHEASTERLY SWELLS OVER THE OCEAN.FORECAST FOR WEDNESDAYWEATHER: PARTLY TO MOSTLY SUNNY, HOT AND HUMID WITH ISOLATED SHOWERS AND THUNDERSTORMS.WINDS: VARIABLE AT 10 KNOTS OR LESS OVER OPEN WATERS.SEAS: 3 FEET OR LESS, BUT UP TO 12 FEET IN MODERATE TO LARGE NORTH TO NORTHEASTERLY SWELLS OVER THE OCEAN.TROPICAL WEATHER OUTLOOK: PLEASE SEE NEWS ITEM ON HURRICANE MARIA, LOCATED SEVERAL HUNDRED MILES SOUTH-SOUTHEAST OF CAPE HATTERAS, NORTH CAROLINA, AND ON HURRICANE LEE, LOCATED OVER THE CENTRAL ATLANTIC OCEAN.ELSEWHERE TROPICAL CYCLONE FORMATION IS NOT EXPECTED DURING THE NEXT 5 DAYS.FORECASTER: ORSON NIXON /C.G.last_img read more

Lothar Matthaus predicts the outcome of the Bundesliga

first_imgGerman great Lothar Matthaus has boldly predicted how the Bundesliga table for the 2018/19 season will turn out come the end of the seasonTo the surprise of many, Bayern Munich’s hopes of a seventh league title in a row are under serious threat from runaway leaders Borussia Dortmund.BVB’s perfect combination of youth and experience has proven to be, perhaps, the catalyst behind their title charge with youngsters Jadon Sancho, Achraf Hakimi and Jacob Bruun Larsen all starring. while the likes of Marco Reus and Axel Witsel have also been receiving plaudits for their respective efforts.Currently, Lucien Favre’s men lead Bayern by six points from their opening 18 games with only one defeat.Now Matthaus has laid out his final predictions for this season’s Bundesliga table to Sport Bild with Dortmund narrowly clinching the league title from Bayern by a single point.Jadon SanchoMerson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.The German World Cup winner, who won the Bundesliga seven times at Bayern, predicted last week that his old club will struggle to break Dortmund’s hold of top spot.“I still believe Dortmund will decide the title race in their own favour. But if anyone can catch up with them, then, of course, it’s Bayern,” said Matthaus.RB Leipzig will finish third with Borussia Monchengladbach, who were one of the surprise packages from the first-half of the campaign, completing the top-four.But Hannover 96 and FC Nürnberg will be relegated with Fortuna Dusseldorf finishing in the relegation play-off spot, which will see them face whoever finishes third in the Bundesliga 2 in a two-legged play-off tie for a place in next season’s top-tier division.Matthaus’ final 2018/19 Bundesliga table after all 34 gamesBorussia Dortmund – 79 pointsBayern Munich – 78 pointsRB Leipzig – 65 pointsBorussia Monchengladbach – 63 pointsTSG Hoffenheim – 56 pointsEintracht Frankfurt – 55 pointsBayer Leverkusen – 54 pointsVfL Wolfsburg – 46 pointsWerder Bremen – 44 pointsHertha BSC – 43 pointsSchalke 04 – 40 pointsMainz 05 – 35 pointsSC Freiburg – 35 pointsVfB Stuttgart – 33 pointsFC Augsburg – 31 pointsFortuna Düsseldorf – 30 pointsHannover 96 – 26 pointsFC Nurnberg – 22 pointslast_img read more

Marine killed in Camp Pendleton training accident identified

first_img KUSI Newsroom, May 10, 2019 Posted: May 10, 2019 Marine killed in Camp Pendleton training accident identified 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (CNS) – Military authorities today publicly identified a 24-year-old U.S. Marine killed this week in a Camp Pendleton training accident.1st Lt. Hugh C. McDowell, a platoon commander assigned to 1st Light Armored Reconnaissance Battalion, 1st Marine Division, was fatally injured about 9 a.m. Thursday when an armored vehicle overturned at the northern San Diego County USMC station.Six other Marines suffered minor injuries in the crash.McDowell, a native of Washington, D.C., accepted his commission as a Marine Corps officer in May 2017. His awards include a National Defense Service Medal and a Global War on Terrorism Service Medal.The cause of the accident remains under investigation, said 1st Lt. Cameron Edinburgh, media officer for the 1st Marine Division.“We recognize that military operations are inherently dangerous, and we take extreme precautions to ensure the safety and welfare of our Marines,” Edinburgh said. “This is a tragic accident, and we are heartbroken at the loss of a member of our Marine Corps family. We will do all we can to comfort the family, friends and colleagues of Lt. McDowell.” KUSI Newsroom Categories: Local San Diego News, Traffic & Accidents, Trending FacebookTwitterlast_img read more