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04:30Last update on: 12 Aug 2013
The Namibian
Mon 12 Aug 2013
SMS Of The Day * MINISTRY of Gender and Child Welfare, TEARS are rolling down as I write this SMS. The killing of women in Namibia is now like reciting a poem. Are we really getting the protection we deserve while women not being treated as part of this c Food For Thought * SO the Zimbabwe elections were free and peaceful and not free and fair? Bouquets And Brickbats * NURSES at Katutura Hospital must stop wearing those big plastic sandals at work because they are not the official working shoes. We want to see you looking smart and beautiful with your full uniform. SMS Of The Day * THIS nation is in dire need of a massive conference on housing. When we experienced a crisis in the education sector a crisis-control brain-storming conference was organised which resulted in the best deal ever for the Namibian child, nam Food For Thought * BOURGEOISIE has become a daily occupation if not the order of the day of the upper-echelons, President Hifikepunye Pohamba we urge you to revisit this unpatriotic geocentricism among your staff and the well-connected, for everybody to r Bouquets And Brickbats * COMMISSIONER of Prisons, can you please explain the strategies you use to appoint officers to certain positions? It is my observation that you are being fed with wrong information then you just promote individuals without making p SMS Of The Day * I THINK Paulus ‘The Rock’ Ambunda lost his belt because of this promoter and trainer. How can a world champion still be training at the Katutura Youth Complex where there is not enough equipment. I think they must follow the example of Ha Food For Thought * NAMIBIA Dairies are unable to match low prices of imported milk and this ultimately means the consumer will have to pay more for local milk. Look at the prices of the local chicken. All these profits are going in the pockets of a few in Bouquets And Brickbats * I AM pleased to hear that Cabinet has responded positively to the proposal of Namibia Dairies to support the industry. The restrictions which support the industry by reducing competition to ensure the survival of the industry is a SMS Of The Day * CEO’s golden handshakes. Somewhere on our statute books there must be a provision that if a board of directors suspends/dismisses a CEO without due regard to legal provision (substantive/procedural law) such board must carry the costs for Food For Thought * JACKY Asheeke was so right with her last column- why are the fathers of the dead children not being prosecuted? (Reference to the children who died in shack fires last week) Our justice system still protects men over women. In this cont Bouquets And Brickbats * ALEXACTUS Kaure, your column in Friday’s newspaper opened my eyes. One hardly finds impartial case study analysers in Namibia. Let’s not destroy the Polytechnic’s strong foundation (Tjivikua) as yet. At least wait until the transf
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BUSINESS - ECONOMY
| 2013-08-07
Corn, soy prices fall as US crop ratings improve
LONDON – US corn futures fell to their lowest level in more than two and half years yesterday weighed by the increasing likelihood of a bumper harvest in the world’s top producer as weather remained favourable and crop conditions improved.
Soybean prices also fell while US wheat edged higher in a modest rebound from the prior session’s one year low.
“Largely benign weather in the critical month of July and an equally positive outlook for August, along with improved soil moisture in the Midwest, have allayed our fears of a sudden deterioration in the weather over the summer,” Standard Chartered analyst Abah Ofon said in a market note.
“The USDA’s July yield estimates for corn and soybeans at 156,5 bushels per acre and 44,5 bpa respectively, now look achievable,” he added.
Condition ratings for US corn and soybeans edged higher in the latest week, spurred by improving crop health in Illinois, US Department of Agriculture data showed.
The USDA said good to excellent ratings, the highest ranking, for both corn and soybeans rose one percentage point to 64% as of 4 August beating market forecasts. – Nampa-Reuters
Soybean prices also fell while US wheat edged higher in a modest rebound from the prior session’s one year low.
“Largely benign weather in the critical month of July and an equally positive outlook for August, along with improved soil moisture in the Midwest, have allayed our fears of a sudden deterioration in the weather over the summer,” Standard Chartered analyst Abah Ofon said in a market note.
“The USDA’s July yield estimates for corn and soybeans at 156,5 bushels per acre and 44,5 bpa respectively, now look achievable,” he added.
Condition ratings for US corn and soybeans edged higher in the latest week, spurred by improving crop health in Illinois, US Department of Agriculture data showed.
The USDA said good to excellent ratings, the highest ranking, for both corn and soybeans rose one percentage point to 64% as of 4 August beating market forecasts. – Nampa-Reuters
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