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	<title>Ohio Ag Net &#124; Ohio&#039;s Country Journal &#187; Blogs</title>
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		<title>May — what a month!</title>
		<link>http://ocj.com/2012/05/may-%e2%80%94-what-a-month/</link>
		<comments>http://ocj.com/2012/05/may-%e2%80%94-what-a-month/#comments</comments>
		<pubDate>Thu, 17 May 2012 14:47:50 +0000</pubDate>
		<dc:creator>Matt Reese</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Matt Reese]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8391</guid>
		<description><![CDATA[May — what a month! It is National Egg Month and National Hamburger Month, which are two of my favorite things.  In fact, fairly recently I had a combination of the two and it was delicious. I will say that the initial thought of a delicious egg on a delicious burger did not necessarily sound [...]]]></description>
			<content:encoded><![CDATA[<p>May — what a month! It is National Egg Month and National Hamburger Month, which are two of my favorite things.  In fact, fairly recently I had a combination of the two and it was delicious. I will say that the initial thought of a delicious egg on a delicious burger did not necessarily sound appealing, but it was actually very good. My wife and kids met me in Columbus for lunch at a small Columbus restaurant called “Skillet” that focuses on serving foods produced at local farms. I got the burger and it had an egg on it, along with some other tasty stuff. It made for a fantastic May sandwich.</p>
<p>May is also a great month because of the excitement of the planting season and, more importantly, my birthday. But that is still not all May has to offer, here are some other important days in May. I found this on the Internet, so these all must be true:</p>
<p>&nbsp;</p>
<p>May 1 is . . . . . Mother Goose Day and Save The Rhino Day</p>
<p>May 2 is . . . . . Fire Day</p>
<p>May 3 is . . . . . Lumpy Rug Day</p>
<p>May 4 is . . . . . National Candied Orange Peel Day</p>
<p>May 5 is . . . . . National Hoagie Day (who doesn’t love a hoagie with a beverage?)</p>
<p>May 6 is . . . . . Beverage Day</p>
<p>May 7 is . . . . . International Tuba Day, Paste Up Day, and National Roast Leg of Lamb Day (Lamb and bass instruments are also worth commemorating)</p>
<p>May 8 is . . . . . No Socks Day and Have A Coke Day</p>
<p>May 9 is . . . . . Lost Sock Memorial Day (a legitimate day at my house)</p>
<p>May 10 is . . . . Clean Up Your Room Day (also important at my house)</p>
<p>May 11 is . . . . Eat What You Want Day and Twilight Zone Day</p>
<p>May 12 is . . . . Limerick Day</p>
<p>May 13 is . . . . Leprechaun Day</p>
<p>May 14 is . . . . National Dance Like A Chicken Day</p>
<p>May 15 is . . . . National Chocolate Chip Day (Chocolate chips with an egg on a hamburger could be interesting)</p>
<p>May 16 is . . . . Wear Purple For Peace Day</p>
<p>May 17 is . . . . Pack Rat Day</p>
<p>May 18 is . . . . International Museum Day and Visit Your Relatives Day</p>
<p>May 19 is . . . . Frog Jumping Jubilee Day</p>
<p>May 20 is . . . . Eliza Doolittle Day</p>
<p>May 21 is . . . . National Memo Day and National Waitresses/Waiters Day</p>
<p>May 22 is . . . . Buy-A-Musical-Instrument Day</p>
<p>May 23 is . . . . Penny Day (also my birthday, but hopefully not my present budget)</p>
<p>May 24 is . . . . National Escargot Day</p>
<p>May 25 is . . . . National Tap Dance Day</p>
<p>May 26 is . . . . Grey Day</p>
<p>May 27 is . . . . Body Painting Arts Festival</p>
<p>May 28 is . . . . National Hamburger Day</p>
<p>May 29 is . . . . End Of The Middle Ages Day</p>
<p>May 30 is . . . . My Bucket&#8217;s Got A Hole In It Day</p>
<p>May 31 is . . . . National Macaroon Day</p>
<p>&nbsp;</p>
<p>At any rate, it is hard to believe that this month is already more than half done. So little time and so many eggs, hamburgers and macaroons to enjoy!</p>
<p>&nbsp;</p>
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		<title>Mike Zuzolo Market Update &#8211; May 14th, 2012</title>
		<link>http://ocj.com/2012/05/mike-zuzolo-market-update-may-14th-2012/</link>
		<comments>http://ocj.com/2012/05/mike-zuzolo-market-update-may-14th-2012/#comments</comments>
		<pubDate>Mon, 14 May 2012 20:10:27 +0000</pubDate>
		<dc:creator>Ty Higgins</dc:creator>
				<category><![CDATA[Mike Zuzolo]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8349</guid>
		<description><![CDATA[5-14-12    9:45  AM EST EARLY WEEK COMMODITY MARKET THOUGHTS 1)     MACRO-LED SELL-OFF COULD INTENSIFY:  Most Micro-Fundamental/Supply-Demand “Bulls” in grains and livestock are justifiably looking for a quick bottom in this market, especially if export demand is seen as improving on the recent price-slide, but also in the case of grains because rains for the early [...]]]></description>
			<content:encoded><![CDATA[<p>5-14-12    9:45  AM EST</p>
<p>EARLY WEEK COMMODITY MARKET THOUGHTS</p>
<p>1)     MACRO-LED SELL-OFF COULD INTENSIFY:  Most Micro-Fundamental/Supply-Demand “Bulls” in grains and livestock are justifiably looking for a quick bottom in this market, especially if export demand is seen as improving on the recent price-slide, but also in the case of grains because rains for the early crop have been sparse—and goodness knows we need good, timely rains across the whole belt if we are going to raise a 166 bu/acre corn crop! I would urge caution, however, on jumping back in on the “buy side” too quickly, however, especially with Daily Chart Stochastics now becoming very “Oversold”. And I say this because we have to acknowledge that starting last week, the Macro-Markets are actually assessing and starting to price-in a Greece possibly leaving the Euro-Currency—AND IF THIS OCCURS WE HAVE TO BE PREPARED FOR THE EURO TO DROP TO PARITY TO THE US DOLLAR IN MY VIEW. Second, the ECRI Research Institute just projected a return to a Global Recession last week—matching my assessment. In their note, they wrote, “For the last 3 months, year-over-year growth in real personal income has stayed lower than it was at the beginning of each of the last 10 recessions. In other words, this is what personal income growth typically looks like early in a recession.”(SA,5/13/12). In the totality, I would be of the mindset that these Macro-issues will take another two weeks at least to work through the market—especially if the S&amp;P 500 closes below its 100-day Moving Avg of 1344 today, as it looks like it could.</p>
<p>1.     I think it’s also worth noting that the EU represents about 18% of China’s export market, so if you’re in a mindset that the Emerging Markets can help lead the global economy out of recession, like they did back in ’08-09, I would say that it’s going to be much tougher for them to do this due to less policy choices and inflationary pressures. This helps explain, I think, the fact that China eased their monetary policy over the weekend yet the Hang Seng Index fell back below 20,000  on a closing basis. The Hang Seng—to me—becomes another key leading indicator along with Gold in terms of trying to assess whether the overall market has priced-in enough negativity.</p>
<p>2)     IN THE NEXT TWO WEEKS, SHORT-COVERING RALLIES IN COMMODITIES ALWAYS A POSSIBILITY DUE TO TECHNICALS, BUT THEY ARE PROBABLY GOING TO BE FADED IN MY VIEW. And this is where I would differentiate between corn and hogs as being “Undervalue” compared with soybeans or crude:  it would be my view that both fund-length/short and fundamentals put the corn and hogs in the best spot for a medium-term low coming once we get passed the Macro-negativity. But for other commodities like beans, rallies should be used to get catch-up hedges in place. Hogs, for example, should benefit from lower fuel prices in the coming weeks, and with some major meat firms reporting handsome profits, I think that the demand-side for pork is looking-up.</p>
<p>1.     AND THEN, BY THE END OF MAY/1ST OF JUNE, BE PREPARED TO LIFT PAPER HEDGES IN MOST OF THE AG SECTOR &amp; POTENTIALLY GET SOME OWNERSHIP ON CASH SALES IN PLACE AS WE HEAD INTO THE JUNE REPORT.</p>
<p>2.     FEED HEDGERS SHOULD BE VERY READY TO GET THE NEXT 6 MONTHS OF THEIR NEEDS FOR MEAL &amp; CORN &amp; FUEL FILLED BY THE 1ST WEEK OF JUNE AS WELL.</p>
<p>3)     Planting Progress Should Be Much More Advanced This Week:  I’m putting corn at 93% up from 71% last week, and Beans at 52% up from 24% from last week. Some producers have called-in this past weekend ad this morning and suggested that dryness on newly planted fields is starting to affect Emergence—I doubt that USDA will pick this up but I’ll be looking for it in any case.</p>
<p>4)     A THOUGHT ON USDA’S NUMBERS LAST WEEK:  I fear that USDA is becoming more inconsequential to the trade due to their assessments so far this Spring—and I say this because they are not only dropping yield data out of their statistics in corn for last year, they are more important to me going against the “Cardinal Rule” of commodities:  high prices and low prices cure themselves through supply-demand reacting.</p>
<p>1.     Take for example the new-crop bean exports; USDA projects 1.505 Bln. Bu. Exports for ‘12/13—a record even though the US Gulf Price is near the highest it’s been since mid-2008:  $550/ton. When it was last above $550/ton in Jun’08, US Exports for that MY were 1.28 Bln. Bu. Similarly, the last record we had in US Exports was 2010, at 1.501 Bln. Bu—when prices were approx. $360/ton. How can we expect record prices and record exports? It is possible but a rare event in commodities, based upon my experience.</p>
<p>-Mike Zuzolo, Global Commodity Analytics &amp; Consulting LLC</p>
<p>3548 S 9th Str, Lafayette, IN  47909  USA</p>
<p>765 471-1600 | <a href="mailto:Globalcomm2@comcast.net">Globalcomm2@comcast.net</a> | <a href="http://www.globalanalytics.biz">www.globalanalytics.biz</a></p>
<p>General Risk Disclosure—There is substantial risk of loss in trading futures and options, therefore you should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. The information above is not meant to be advice to buy or sell futures and options. Options Risk Disclosure—The purchaser of options should be aware that he could lose all premium paid for such options as well as any commissions and fees. Further, purchasing deep-out-of-the-money options have a remote chance of becoming profitable. The writer or seller of options should be aware that there is unlimited risk and could result in such seller being required to maintain a futures position with any associated liabilities for margin.</p>
<p>Past performance is not necessarily indicative of future results Information Disclaimer—The information and data contained herein was obtained from sources deemed reliable. Their accuracy and completeness is not guaranteed. Any decision to purchase or sell based upon such information is the responsibility of the person authorizing the transaction. Prices could already have factored-into them the seasonality or cycles of the market. Copyright, 2012 Global Commodity Analytics &amp; Consulting LLC</p>
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		<title>Immaculate conception in goats: The update</title>
		<link>http://ocj.com/2012/05/immaculate-conception-in-goats-the-update/</link>
		<comments>http://ocj.com/2012/05/immaculate-conception-in-goats-the-update/#comments</comments>
		<pubDate>Fri, 11 May 2012 13:32:02 +0000</pubDate>
		<dc:creator>Kim Lemmon</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Kim Lemmon]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8314</guid>
		<description><![CDATA[By Kim Lemmon If you read my blog in March about immaculate conception, you are aware that I own a pygmy goat doe that has managed to become pregnant through mysterious circumstances. I thought I had the how, when and where figured out in March so I was confident that she would kid no later [...]]]></description>
			<content:encoded><![CDATA[<p>By Kim Lemmon</p>
<p>If you read <a href="http://http://ocj.com/2012/03/immaculate-conception-in-goats/">my blog in March about immaculate conception</a>, you are aware that I own a pygmy goat doe that has managed to become pregnant through mysterious circumstances. I thought I had the how, when and where figured out in March so I was confident that she would kid no later than April 12 and most likely before Easter.</p>
<p>Late March and early April were hard times for me because I tried to stay home with Foo as much as possible — pygmy goats can need help with kidding from time to time. I also had the baby monitor on in the barn 24 hours a day so I could hear Foo if she needed help.</p>
<p>By Good Friday, I was out of my mind. During the next seven days, I was supposed to attend two kids’ birthday parties for my niece and nephew and an Easter dinner. All of the parties were more than an hour away and I was determined not to leave Foo unattended for very long hours because I was CERTAIN she was close to kidding based on the how, when and where I had determined in my previous investigations.</p>
<p>My family doubted Foo was pregnant and weren’t taking too kindly to me using her as an excuse for my lack of attendance at family functions so before all the parties, I took Foo to the vet for an ultrasound on Good Friday.</p>
<p>The vets I use for my goats are kind of used to me by now so they really didn’t ask many questions when I begged them to determine whether or not Foo was pregnant. I simply told them my family thought I was crazy and that I needed proof she was pregnant if I was going to miss Easter dinner and a bunch of birthday parties.</p>
<p>The vets assured me that in this matter I was not crazy and Foo was carrying at least two live kids. They couldn’t determine how soon she was due to kid. They told me to go home and wait. I asked how long I was supposed to wait. They said just wait!</p>
<p>Well, I kept the baby monitor on and I did a lot of waiting. In fact, I’m still waiting!</p>
<p>One night in late April, I woke up standing six feet away from my bed screaming. When I finally realized where I was, I figured out that the cats where fighting in the barn and I had heard it over the baby monitor and thought something was in my room attacking me. It was a stressful and sleepless time.</p>
<p>After that, I had had enough and I turned off the baby monitor and started working from home less and from the office in Columbus more. As of May 11, I intend to go to family parties this weekend and possibly leave Foo to go out to dinner one night this weekend. Life must go on.</p>
<p>At this point, I have no idea how, when or where she got bred but I do know by whom because there was only one buck on the property at the time unless she delivers aliens as my father suspects.</p>
<p>If she doesn’t kid by Memorial Day weekend, we’ll be making another trip to the vet because at that point, her suitor was nowhere near her — not even on the other side of TWO rows of fence which seems to be the most likely scenario now (I guess the fence rows were too close together).</p>
<p>So say a prayer for Foo and my sanity and let the count down to Memorial Day weekend begin!</p>
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		<title>Preschool animal day</title>
		<link>http://ocj.com/2012/05/preschool-animal-day/</link>
		<comments>http://ocj.com/2012/05/preschool-animal-day/#comments</comments>
		<pubDate>Thu, 10 May 2012 19:02:54 +0000</pubDate>
		<dc:creator>Matt Reese</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Matt Reese]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8290</guid>
		<description><![CDATA[This week, the Reese family was fortunate enough to get to help with our daughter&#8217;s preschool animal day. In our rural community, several of the kids in our daughter&#8217;s preschool are from farms. So, on a pleasant spring day, locals bring some gates and some critters and set up a fun farm day right outside [...]]]></description>
			<content:encoded><![CDATA[<p>This week, the Reese family was fortunate enough to get to help with our</p>
<div id="attachment_8292" class="wp-caption alignleft" style="width: 310px"><a href="http://ocj.com/wp-content/uploads/2012/05/photo-19.jpg"><img class="size-medium wp-image-8292" title="photo-19" src="http://ocj.com/wp-content/uploads/2012/05/photo-19-e1336676297624-300x224.jpg" alt="" width="300" height="224" /></a><p class="wp-caption-text">The tractor was a popular attraction.</p></div>
<p>daughter&#8217;s preschool animal day. In our rural community, several of the kids</p>
<p>in our daughter&#8217;s preschool are from farms. So, on a pleasant spring day,</p>
<div id="attachment_8293" class="wp-caption alignleft" style="width: 310px"><a href="http://ocj.com/wp-content/uploads/2012/05/photo-18.jpg"><img class="size-medium wp-image-8293" title="photo-18" src="http://ocj.com/wp-content/uploads/2012/05/photo-18-300x224.jpg" alt="" width="300" height="224" /></a><p class="wp-caption-text">Our son is surveying the donkey pen with scrutiny.</p></div>
<p>locals bring some gates and some critters and set up a fun farm day right outside the church preschool. We brought two sheep, along with some lamb recipe cards and some fun sheep stickers to hand out to the kids.</p>
<p>The event was a huge success, with a young boy staring up at a massive Case IH tractor saying, &#8220;This is the best day EVER&#8221; with the sincerity only a four-year old can muster. There were cows, a goat, ducks, rabbits, a pony, donkeys, pigs and a preschool full of happy kids.</p>
<p>When our four-year-old daughter&#8217;s class came through the display, we were</p>
<div id="attachment_8291" class="wp-caption alignleft" style="width: 234px"><a href="http://ocj.com/wp-content/uploads/2012/05/photo-17.jpg"><img class="size-medium wp-image-8291" title="photo-17" src="http://ocj.com/wp-content/uploads/2012/05/photo-17-e1336676337905-224x300.jpg" alt="" width="224" height="300" /></a><p class="wp-caption-text">What is more fun than a couple of piglets?</p></div>
<p>very proud parents as she told her classmates that the sheep were Horned Dorset ewes. She also told them about their wool and that they are used for meat. Our two-year-old son helped some as well, but he was mostly focused on the aforementioned Case IH.</p>
<p>It was a fun event that was enjoyed by all, except, maybe, for the person who had to remove the &#8220;Ewe R Cool&#8221; stickers from every table and chair in the preschool. Sorry.</p>
<p>&nbsp;</p>
<div id="attachment_8294" class="wp-caption alignleft" style="width: 310px"><a href="http://ocj.com/wp-content/uploads/2012/05/photo-20.jpg"><img class="size-medium wp-image-8294" title="photo-20" src="http://ocj.com/wp-content/uploads/2012/05/photo-20-e1336676086163-300x224.jpg" alt="" width="300" height="224" /></a><p class="wp-caption-text">Holy cooooow!</p></div>
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		<title>Taking the “Subway” approach to farming</title>
		<link>http://ocj.com/2012/05/taking-the-%e2%80%9csubway%e2%80%9d-approach-to-farming/</link>
		<comments>http://ocj.com/2012/05/taking-the-%e2%80%9csubway%e2%80%9d-approach-to-farming/#comments</comments>
		<pubDate>Thu, 10 May 2012 15:10:22 +0000</pubDate>
		<dc:creator>Ty Higgins</dc:creator>
				<category><![CDATA[Ty Higgins]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8282</guid>
		<description><![CDATA[By Ty Higgins, Ohio Ag Net What is it about heading to your favorite restaurant with your family for a bite to eat? For some, it is the atmosphere, for others it is the food and for many it is the fact that their kitchen can stay spic and span for more than an hour [...]]]></description>
			<content:encoded><![CDATA[<p>By Ty Higgins, Ohio Ag Net</p>
<p>What is it about heading to your favorite restaurant with your family for a bite to eat? For some, it is the atmosphere, for others it is the food and for many it is the fact that their kitchen can stay spic and span for more than an hour or two. No matter what the reasoning, eating out is time that my family and I enjoy on occasion.</p>
<p>How much do you know about your favorite eatery? Do you ever think about what goes on behind the swinging doors that your waitress pops in and out of with full and empty trays?</p>
<p>I am not trying to put negative thoughts in your head about where you eat, although you might have already done thate yourself. It is a good thing that we trust other people enough to let them prepare food for us. It says a lot about our society, if you ask me.</p>
<p>Every once in a while you may have a not-so-enjoyable experience dining out. Maybe your fries were cold, your steak a bit overdone or the server went M.I.A. Who do you blame? Perhaps the management or the chef is called out. Do you ever think about blaming the farmer that produced the food? Of course not, but we’re getting closer to that happening.</p>
<p>The farmer is taking a lot of heat these days. From pigs in gestation stalls, to BSE (Mad Cow), to LFTB (Pink Slime), the farmers just can’t seem to get any positive news out there. Now their use of antibiotics is being questioned and likely to be changed dramatically in the near future.</p>
<p>What is the best way to combat all of the negative views of agriculture? It’s high time for Ag to tell its side of the story. If you don’t tell your story, someone else will…and they are.</p>
<p>This requires farmers to change the way they perceive their own operations.</p>
<p>When I was a kid, society was a very “mind your own business” kind of world. That even pertained to how we ran the farm. We closed the doors to the milking parlor, not because of what was happening behind those doors, but because we just as soon kept to ourselves. Those days are long gone with the advent of social media and 24-hour news cycles.</p>
<p>I’m not suggesting that you make your farm an amusement park, open to all ages both day and night. Although you have to admit that having a “scrambler” and funnel cakes on the property at all times would have its perks.</p>
<p>What I mean is to open your doors to the kitchen. Think of it as the “Subway” (yes the sandwich shop) approach to farming. Putting everything that we do and take pride in “out there” for anyone to see (sneeze guard required).  This will not only give the consumer the peace of mind that what they are getting from the producer is the best possible product, it will also hold every producer accountable for how they produce their commodity and take it to market.</p>
<p>Agriculture knows how to do things right and that shows with the success of producing enough food for a rapidly growing world. Let’s put the same trust into the farmer that produces the food that we do into the person that prepares the food right before we chow down. That only seems logical, doesn’t it?</p>
<p><a href="https://twitter.com/#!/OhioAgNetTy" target="_blank">Follow Ty on Twitter</a></p>
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		<title>Mike Zuzolo Market Update &#8211; May 7th, 2012</title>
		<link>http://ocj.com/2012/05/mike-zuzolo-market-update-may-7th-2012/</link>
		<comments>http://ocj.com/2012/05/mike-zuzolo-market-update-may-7th-2012/#comments</comments>
		<pubDate>Mon, 07 May 2012 12:26:45 +0000</pubDate>
		<dc:creator>Ty Higgins</dc:creator>
				<category><![CDATA[Mike Zuzolo]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8230</guid>
		<description><![CDATA[MAY 7, 2012 GCAC WEEKLY MARKET OVERVIEW Pre-USDA Market Thoughts: Grain Export-Demand Continue To Improve As Macro-Fundamentals Point More Convincingly Toward A Double-Dip Recession Grains Highlights: In my weekly copy to subscribers &#38; clients, I&#8217;ll look in more detail of the continuing split relationship between improving export demand for all three of the major grain [...]]]></description>
			<content:encoded><![CDATA[<p>MAY 7, 2012 GCAC WEEKLY MARKET OVERVIEW</p>
<p><strong>Pre-USDA Market Thoughts: Grain Export-Demand Continue To<br />
Improve As Macro-Fundamentals Point More Convincingly Toward A Double-Dip<br />
Recession </strong></p>
<p><strong>Grains Highlights: </strong><em>In my weekly copy to<br />
subscribers &amp; clients, I&#8217;ll look in more detail of the continuing split<br />
relationship between improving export demand for all three of the major grain<br />
sectors&#8211;corn, beans, and wheat&#8211;this past week, and a worrying trend of poor<br />
economic data here in the US and elsewhere which suggests to me more and more<br />
that the global economy is headed-for a double-dip</em>. <span style="text-decoration: underline;">In fact, I would<br />
suggest to the reader that if it had not been in part for the 136 Mln. Bu. of<br />
weekly corn export sales &amp; 63 Mln. Bu. of weekly bean export sales, then<br />
the grains would have not been able to withstand the heavy sell-off attempt on<br />
Friday and held-onto their medium-term technical support levels. (I think that the<br />
upcoming report also likely helped keep some additional price support in place<br />
as well)</span>.</p>
<p>For instance, take the copper and crude oil markets as we<br />
closed-out this past week: in copper, the Financial Times reported mid-week<br />
that China could become an exporter later in the year due to excess inventories<br />
and high global prices. This, to me, is a very big &#8220;warning flag&#8221;<br />
about the slowing overall commodity demand occurring in the world&#8217;s biggest<br />
consumer of copper. Second, we saw the US weekly inventories of crude oil go<br />
above their 5-year average peak last week; at 376 Mln. Bbls, US crude stocks<br />
are 3% higher than last year. <strong>Most serious was forward-looking economic data<br />
suggesting another slow-down:</strong> the monthly Unemployment Report showed that<br />
the Labor Participation Rate dropped to 63.6%, the lowest since 1981. In<br />
addition, April Retail Sales were the worst since 2009 &amp; the US Non-Mfg.<br />
ISM Report for April came in at 53.5, barely expanding (with 50 being an<br />
indication that no expansion is occurring). All of this information helped push<br />
the crude oil down to levels not seen since February, and help it to get close<br />
to its major support of the 200-day Moving Avg. in lead-month June Futures.</p>
<p>Now, contrast this macro-malaise with the fact that US<br />
CIF/Gulf Corn rallied to over $1/bu. on Friday&#8217;s trade, as the export market<br />
heated-up to a level not seen since June of last year&#8211;a time when livestock<br />
liquidation, ethanol plant slow-downs, and fears of the market running-out were<br />
peaking. How could this be if we have 801 Mln. Bu.? First, China is buying;<br />
second, we don&#8217;t likely have 801 Mln. Bu. of &#8217;11 corn without adding &#8217;12<br />
supplies in September to the total. I noted from a colleague&#8217;s comment on<br />
Friday, when I asked him, that Cedar Rapids Basis for corn had jumped to +50<br />
over the July. I believe we&#8217;re entering a period of 30-45 days where cash corn<br />
is going to be tougher to come-by; weekly stocks figures would suggest that<br />
last week. USDA reported major terminals held 26% less corn than a year ago,<br />
19% less wheat, but 267% more beans.</p>
<p>Speaking of beans, I thought that this past week&#8217;s Commodity<br />
Week Program that I was on was very enlightening when it came to my idea I&#8217;ve<br />
been talking and writing a lot about this year: <strong>price elasticity of demand</strong>.<strong><br />
</strong>On the program, two South American experts both agreed that the effects of<br />
the extended high prices in soy has indeed brought-on increased acreage<br />
estimates in both Argentina and Brazil. Similarly, the same high price in soy<br />
has likely started to trim demand in my view, especially if we head-into<br />
another double-dip recession, with the EU at the focus. As one of the guests<br />
commented, a weaker EU economy is likely to slow Argentina&#8217;s soymeal exports to<br />
their #1 customer: the same EU.</p>
<p><strong>To Listen To This Discussion,</strong> Go to my Media Tab on<br />
my website and click the WILL-Radio Emblem: this will take you to the<br />
WILL-Radio website where you can find the Commodity Week Button.</p>
<p><strong>Heading Into Next Week: Where Does All This Leave Us? </strong>I<br />
continue to be of the view that <strong>over the Medium-Term</strong>, without the USDA<br />
&#8220;feeding the bull&#8221; this week, or without a shift to a hot/dry weather<br />
pattern in the coming 30 days, it is likely to be difficult for grains to<br />
continue to fight a potential macro-led decline in commodity and equity prices.<br />
Similarly, I am becoming more and more convinced that high bean prices are<br />
starting to cure the problem of low current supplies. In addition, an early<br />
wheat harvest here in the US&#8211;in what appears to be a potential record<br />
crop&#8211;could also lend extra pressure as we head deeper into May. I think that<br />
the corn made some real headway this past week and the spread looks very good;<br />
but I&#8217;m concerned that among the outside markets, a potential top in beans, and<br />
early harvest of a big wheat crop, the corn doesn&#8217;t have the stand-alone<br />
strength to hold-up if the others fail. <strong><span style="text-decoration: underline;">THIS PAST WEEK ALSO SHOWED US HOW<br />
POWERFUL THE TECHNICAL INDICATORS ARE, AND THIS IS WHAT I&#8217;LL ESPECIALLY<br />
CONCENTRATE ON IN MY WEEKLY COPY TO CLIENTS &amp; SUBSCRIBERS</span></strong>. So don&#8217;t<br />
forget to sign-up for a free copy of my report on the website if you&#8217;d like<br />
one.</p>
<p><strong>Livestock Commentary: Hog Prices Dive To New Contract<br />
Lows For June Futures. Are Markets Trying To Force Liquidation?</strong></p>
<p>While cattle were able to find support off of very strong<br />
weekly export sales (which indicated to the market at least for now that the<br />
Mad-Cow issue hasn&#8217;t hurt foreign demand for our beef), the hogs continued to<br />
plummet at the end of the week after having a brief rally attempt. Why is this<br />
occurring? Could it be the weaker cash markets and negative packer margins?<br />
After all, this week we saw a major break in the Unleaded Gas Futures Prices,<br />
but the hogs barely noticed. I do suspect that weaker economic growth continues<br />
to weigh on the fund-related trade in the hog pit; but I&#8217;m starting to think<br />
that an even bigger issue&#8211;and the main reason June Futures sought-out new<br />
contract lows this week&#8211;is that a tighter corn &amp; soymeal supply could be<br />
causing the futures market to ready and prepare the hog sector for liquidation.<br />
I&#8217;ll be doing more analysis on the prospect of this in the coming weeks. I<br />
would also suggest that, after going to the grocery stores and looking at new<br />
restaurant menus, the pork demand isn&#8217;t likely to worsen domestically. I think<br />
the price is just too good not to attract consumers. For instance, this weekend<br />
I purchased top-cut boneless loin steaks for $2.99/lb. This is an item that<br />
normally sells for $4.59/lb. I think sales like this will bring in the consumer<br />
because, on a pound-for-pound basis, it beats both poultry &amp; beef. And if<br />
the gas futures remain lower, I&#8217;d be looking for relief at the pump by the<br />
Memorial Day Holiday to help out as well. That leaves the grain prices and<br />
available supplies as my major focus for the livestock sector&#8230;</p>
<p><strong>Don&#8217;t forget, </strong>if you&#8217;re reading this copy on a 3rd<br />
Party Website, visit my website at <a href="http://www.globalanalytics.biz/"><strong>www.globalanalytics.biz</strong></a><br />
and click on the WILL-Radio Link on the <em>News &amp; Media Tab</em>: it will<br />
take you to this past weekend&#8217;s Commodity Week Program featuring two South<br />
American commodity experts. Just scroll-down on the WILL page and look for the<br />
Commodity Week audio.</p>
<p><strong>&#8211;Mike Zuzolo, President</strong></p>
<p>General Risk Disclosure-There is substantial<br />
risk of loss in trading futures and options, therefore you should carefully<br />
consider whether trading is appropriate for you in light of your experience,<br />
objectives, financial resources and other relevant circumstances. The<br />
information above is not meant to be advice to buy or sell futures and options.</p>
<p>Options Risk Disclosure-The purchaser of options should be aware that he could<br />
lose all premium paid for such options as well as any commissions and fees.<br />
Further, purchasing deep-out-of-the-money options have a remote chance of<br />
becoming profitable. The writer or seller of options should be aware that there<br />
is unlimited risk and could result in such seller being required to maintain a<br />
futures position with any associated liabilities for margin.</p>
<p>Past performance is not necessarily indicative of future results.</p>
<p>Information Disclaimer-The information and data contained herein was obtained<br />
from sources deemed reliable. Their accuracy and completeness is not<br />
guaranteed. Any decision to purchase or sell based upon such information is the<br />
responsibility of the person authorizing the transaction.</p>
<p>Copyright, 2012 Global Commodity Analytics &amp; Consulting LLC</p>
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		<title>The tardy martin mystery</title>
		<link>http://ocj.com/2012/05/the-tardy-martin-mystery-2/</link>
		<comments>http://ocj.com/2012/05/the-tardy-martin-mystery-2/#comments</comments>
		<pubDate>Fri, 04 May 2012 16:29:27 +0000</pubDate>
		<dc:creator>Matt Reese</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Matt Reese]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8216</guid>
		<description><![CDATA[They arrive in mid April of each year — One more reason to celebrate. Another wonder of spring to cheer, But the purple martins are one day late. Maybe they’ll come tomorrow. Then their throaty cries will resonate, And bring spring’s joy to winter’s sorrow. The purple martins are two days late. The sugar peas [...]]]></description>
			<content:encoded><![CDATA[<p>They arrive in mid April of each year —</p>
<p>One more reason to celebrate.</p>
<p>Another wonder of spring to cheer,</p>
<p>But the purple martins are one day late.</p>
<p>Maybe they’ll come tomorrow.</p>
<p>Then their throaty cries will resonate,</p>
<p>And bring spring’s joy to winter’s sorrow.</p>
<p>The purple martins are two days late.</p>
<p>The sugar peas in the garden have sprung.</p>
<p>The daffodil bloom is first-rate.</p>
<p>The wheat fields are green beneath the sun.</p>
<p>The purple martins are three days late.</p>
<p>The insects are buzzin’ with no Martins to eat them,</p>
<p>Gnats have begun to congregate.</p>
<p>I just can’t imagine what would keep them,</p>
<p>The purple martins are four days late.</p>
<p>The martins have arrived on the very same day,</p>
<p>For more than 45 years — now this wait.</p>
<p>My old martin house by the pond is crumbling away,</p>
<p>And the purple martins are five days late.</p>
<p>They fly up here from far down south,</p>
<p>From the Amazon to our northern state.</p>
<p>In mid air they catch prey in their beaked mouth,</p>
<p>The purple martins are six days late.</p>
<p>Though I did not know what was in store,</p>
<p>I went to visit my old friend and neighbor Lee.</p>
<p>“Hello,” he said as he answered the door.</p>
<p>“There is something I want you to see.”</p>
<p>“I’ve always held your martins in high regard,</p>
<p>I love their acrobatic ways.</p>
<p>I put up a martin house by the pond in my yard,</p>
<p>They’ve been here now six days!”</p>
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		<title>Just Google it!</title>
		<link>http://ocj.com/2012/05/just-google-it/</link>
		<comments>http://ocj.com/2012/05/just-google-it/#comments</comments>
		<pubDate>Thu, 03 May 2012 11:55:04 +0000</pubDate>
		<dc:creator>Kim Lemmon</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Kim Lemmon]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8185</guid>
		<description><![CDATA[By Kim Lemmon In this modern age where technological advances have permeated nearly everything, there is constantly something new to learn in order to keep up with these new advances. This is especially true if you are like me and graduated from college more than ten years ago. It seems to me that the longer [...]]]></description>
			<content:encoded><![CDATA[<p>By Kim Lemmon</p>
<p>In this modern age where technological advances have permeated nearly everything, there is constantly something new to learn in order to keep up with these new advances. This is especially true if you are like me and graduated from college more than ten years ago. It seems to me that the longer I am away from school, the harder it is to learn things.</p>
<p>We often discuss these advances in technology at work as we all try to keep our skills current. One person&#8217;s answer to almost everything is, &#8220;Just Google it!&#8221;</p>
<p>I admit that when he first started proposing this line of thought, I was skeptical and kind of shell shocked. Was I really supposed to advance my job skills by just Googling what I needed to learn?</p>
<p>As it turns, out this was good advice. I have learned many new computer and computer software skills by Googling what I needed to learn. It has been a great tool, but I think that sometimes I get a little cocky and think I can learn just about anything with this method.</p>
<p>This week, as the temperatures rose, the horses continued to shed their winter coats in earnest. The shedding was going pretty well for everyone except my Miniature Appaloosa, Harley. He had so much hair that the loose hair was actually getting stuck to places on his body and was causing hygiene problems. Baths and brushing didn&#8217;t seem to do much except allow me to be covered with hair as well.</p>
<div id="attachment_8186" class="wp-caption aligncenter" style="width: 310px"><a href="http://ocj.com/wp-content/uploads/2012/05/Harleybeforehaircut.jpg"><img class="size-medium wp-image-8186" title="Harleybeforehaircut" src="http://ocj.com/wp-content/uploads/2012/05/Harleybeforehaircut-300x241.jpg" alt="" width="300" height="241" /></a><p class="wp-caption-text">Harley might look cute but his excess hair was causing him discomfort.</p></div>
<p>I finally decided that I needed to body clip him. I had mixed feelings about it but I decided he would probably be more comfortable without all the hair. I already had a set of clippers that I knew would do the job; I just needed some tips on the procedure so I of course Googled it.</p>
<p>I watched a couple of videos and read some website material and decided to just go for it. It really didn&#8217;t matter if he looked perfect when I was finished because the haircut was intended for comfort and not for show.</p>
<div id="attachment_8187" class="wp-caption aligncenter" style="width: 310px"><a href="http://ocj.com/wp-content/uploads/2012/05/Harleywet.jpg"><img class="size-medium wp-image-8187" title="Harleywet" src="http://ocj.com/wp-content/uploads/2012/05/Harleywet-300x225.jpg" alt="" width="300" height="225" /></a><p class="wp-caption-text">Harley&#39;s excess hair was more visible when he was wet. There was a tiny body hidden under all that hair.</p></div>
<p>First I had to give Harley two baths. I really scrubbed and scrubbed because I had read in several places that the hair had to be clean. Those people must be miracle workers because after two baths and a lot of scrubbing with a scrub brush I knew he was still dirty.</p>
<p>I gave up and moved on to towel drying and applying show sheen. Then I grabbed the clippers and went for it.</p>
<p>Luckily, Harley had been body clipped before I think so he behaved very well. There are a few spots I missed that need to be cleaned up with the clippers but overall I was very happy with the results. He looked much better and was cleaner and had minimal razor marks. I was especially happy that he didn&#8217;t have any razor burn or cuts — I have had some bad experiences when I have clipped dogs and goats in the past.</p>
<div id="attachment_8188" class="wp-caption aligncenter" style="width: 310px"><a href="http://ocj.com/wp-content/uploads/2012/05/Harleyafterhaircut.jpg"><img class="size-medium wp-image-8188" title="Harleyafterhaircut" src="http://ocj.com/wp-content/uploads/2012/05/Harleyafterhaircut-300x225.jpg" alt="" width="300" height="225" /></a><p class="wp-caption-text">Although his cut is far from perfect, these results were achieved in two hours and improved his comfort tremendously.</p></div>
<p>So thanks to Google and a lot of courage, Harley feels much more comfortable.</p>
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		<title>Men and agriculture move into Pinterest</title>
		<link>http://ocj.com/2012/05/men-and-agriculture-move-into-pinterest/</link>
		<comments>http://ocj.com/2012/05/men-and-agriculture-move-into-pinterest/#comments</comments>
		<pubDate>Wed, 02 May 2012 17:28:00 +0000</pubDate>
		<dc:creator>Heather Hetterick</dc:creator>
				<category><![CDATA[Heather Hetterick]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8152</guid>
		<description><![CDATA[By Heather Hetterick First it was Facebook, then Twitter.  Now, Pinterest is latest online social media craze. I was an early adopter of Pinterest. Since I love food and decorating, it was an online heaven to me. Pinterest is a virtual pinboard. It let’s you organize and share photos, videos, images or articles you find [...]]]></description>
			<content:encoded><![CDATA[<p>By Heather Hetterick<img class="aligncenter" title="Pinterest" src="http://t0.gstatic.com/images?q=tbn:ANd9GcQrz03LwLLSZP9BQNKxqs-M9GqezskO0I8isOVF_JLa7VacPQS7" alt="" width="257" height="172" /></p>
<p>First it was Facebook, then Twitter.  Now, <a href="http://pinterest.com/">Pinterest</a> is latest online social media craze.</p>
<p>I was an early adopter of Pinterest. Since I love food and decorating, it was an online heaven to me. Pinterest is a virtual pinboard. It let’s you organize and share photos, videos, images or articles you find online. Instead of bookmarking a page you &#8220;pin&#8221; it to a virtual bulletin board. It also allows you to follow other people, so you can find someone who has the same interest or taste you do, even if you don’t know them in person.</p>
<p>I’ve used it to find <a href="http://pinterest.com/ag_girl/office-ideas/">stylish ideas for my home office</a>, collected ideas to <a href="http://pinterest.com/ag_girl/laundry-room-issues/">solve a problem in the laundry room</a> and find <a href="http://pinterest.com/ag_girl/recipes/">delicious, easy recipes</a>. Along the way I&#8217;ve also found <a href="http://pinterest.com/ag_girl/pigs/">unique pig items</a> and <a href="http://pinterest.com/ag_girl/red-tractor-stuff/">cool red tractor stuff</a>. With 4 million people visiting the site each day, there is bound to be someone else out there that likes the same things as me.</p>
<p>One thing I’ve started to notice is more and more men are joining the site. In fact, as of March, Pinterest reported that 28% of their users are men.</p>
<p>No, the men are not pinning decorations and food. Remember, you can pin anything you find online that interest you, that you may want to go back to. So, men are pinning cars, trucks, tractors, hunting items, sports stuff, etc.</p>
<p>About a month or so ago I did a search for tractors to see what would come up. There were only a handful of results. Over the last couple of weeks, I’ve continued to do this, seeing more and better results each time.</p>
<p>It&#8217;s not just farm folks that are pinning. Several ag organizations have gotten into Pinterest as well. You might be surprised to learn you can follow the boards of the <a href="http://pinterest.com/nationalffa/">National FFA Organization</a> and <a href="http://pinterest.com/sdcorn/">South Dakota Corn.</a></p>
<p>I wasn&#8217;t surprised at all when the National Pork Board joined. Pinterst is the perfect audience for all the great recipes from <a href="http://pinterest.com/porkbeinspired/">Pork. Be Inspired</a>. I have to say, they did a great job organizing their recipe boards so people can easily find the type of recipe they&#8217;re looking for. The Ohio Farm Bureau’s <a href="http://pinterest.com/ourohio/pins/">Our Ohio</a> also pins food.</p>
<p><a href="http://pinterest.com/tartergate/">Tarter Farm &amp; Ranch</a> uses the site as a marketing tool. They have a board set up with photos to show all the ways you can use their galvanized water tank. As far as I know <a href="http://pinterest.com/titanoutlet/">Titan Outlet Store</a>  is the first farm equipment entity to join. You can also connect with other farmers. Yes, there are actual farmers who use it like <a href="http://pinterest.com/garychambers/">Greg Chambers</a> and <a href="http://pinterest.com/thefarmerslife/">Brian Scott.</a></p>
<p>Agvocates are slowly moving into Pinterest sharing ag facts through images, such as those from <a href="http://pinterest.com/erin_ehnle/keeping-it-real-through-the-lens-of-a-farm-girl/">Erin Ehnle from Keeping it Real: Through the Lens of a Farm Girl.</a></p>
<p>For more things ag,<a href="http://pinterest.com/rfdtv/"> RFD TV</a> has boards  and<a href="http://pinterest.com/worlddairyexpo/"> World Dairy Expo</a> shares lots and lots of pictures of cows!</p>
<p>One of my favorite finds on Pinterest:</p>
<div style="padding-bottom: 2px; line-height: 0px;"><a href="http://pinterest.com/pin/87960998942256711/" target="_blank"><img src="http://media-cache6.pinterest.com/upload/217158013252325828_khEZz0pr_c.jpg" alt="" width="534" height="400" border="0" /></a></div>
<div style="float: left; padding-top: 0px; padding-bottom: 0px;">
<p style="font-size: 10px; color: #76838b;">Source: <a style="text-decoration: underline; font-size: 10px; color: #76838b;" href="http://www.google.com/imgres?hl=en&amp;sa=X&amp;biw=1047&amp;bih=509&amp;tbm=isch&amp;prmd=imvns&amp;tbnid=lPPFS6k78AkJiM:&amp;imgrefurl=http://realasianbeauty.blogspot.com/2011/09/blog-post.html&amp;docid=ga1_-DTwYOGrRM&amp;imgurl=http://4.bp.blogspot.com/-T21sKlEDEDQ/TpBbx3IKJ8I/AAAAAAAABAQ/B2XPdTXt5TI/s1600/IMG_8602.jpg&amp;w=1600&amp;h=1200&amp;ei=2qV3T82NBM7diALbnOCoDg&amp;zoom=1&amp;iact=rc&amp;dur=320&amp;sig=114690661533788208079&amp;page=1&amp;tbnh=146&amp;tbnw=212&amp;start=0&amp;ndsp=8&amp;ved=1t:429,r:0,s:0&amp;tx=107&amp;ty=72">google.com</a> via <a style="text-decoration: underline; font-size: 10px; color: #76838b;" href="http://pinterest.com/ag_girl/" target="_blank">Heather</a> on <a style="text-decoration: underline; color: #76838b;" href="http://pinterest.com" target="_blank">Pinterest</a></p>
</div>
<p>&nbsp;</p>
<p>I may or may not show up to the Ohio State Fair with my nails done like this….</p>
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		<title>HSUS: Lawyers in Cages</title>
		<link>http://ocj.com/2012/04/hsus-lawyers-in-cages/</link>
		<comments>http://ocj.com/2012/04/hsus-lawyers-in-cages/#comments</comments>
		<pubDate>Mon, 30 Apr 2012 15:12:31 +0000</pubDate>
		<dc:creator>Ty Higgins</dc:creator>
				<category><![CDATA[Ty Higgins]]></category>

		<guid isPermaLink="false">http://ocj.com/?p=8147</guid>
		<description><![CDATA[What is in a name? Nothing if you are the Humane Society of The United States. They only pass along 1% of donations to pet shelters. Where does the other 99% go? This video sums it up. Love the guy on the couch! Nicely done Humane Watch.]]></description>
			<content:encoded><![CDATA[<p>What is in a name? Nothing if you are the <a href="http://www.humanesociety.org" target="_blank">Humane Society of The United States</a>. They only pass along 1% of donations to pet shelters. Where does the other 99% go? This video sums it up. Love the guy on the couch! Nicely done <a href="http://humanewatch.org" target="_blank">Humane Watch</a>.</p>
<p><iframe src="http://www.youtube.com/embed/XTrhQd9GHlE" frameborder="0" width="560" height="315"></iframe></p>
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