By Gary Truitt – Feb 25, 2016 Home Indiana Agriculture News USDA 10 Year Projections Not Encouraging for Corn and Soybean Producers USDA 10 Year Projections Not Encouraging for Corn and Soybean Producers SHARE SHARE Previous articleCompromise Reached on Chicken LegislationNext articleUSDA Lowers 2016 Prices and Acres at Outlook Gary Truitt Facebook Twitter USDA 10 Year Projections Not Encouraging for Corn and Soybean ProducersIf you are not happy with the current level of corn and soybean prices, then you are not going to be happy for a long time because the long term outlook from USDA is not encouraging. A decade is a long time, and a lot can happen over 10 years, but that has not stopped the analysts at USDA from projecting crop prices for the next 10 years. These projections do NOT take into account droughts, floods, wars, economic booms or busts, or even advances in technology, or anything else that would upset the current trends of supply and demand. That is good because, unless something dramatic happens, corn prices are not going to change very much, says David Stallings, “We believe they will continue to decline in 2016 and 2017 and then increase just marginally.”By 2025, they expect corn prices to be averaging 3.75 up a whole dime from this year’s projected average. As for soybeans, Stalling said, “We see prices falling in 2016 and 2017, but then see a decline in soybean planted acres and an increase in soybean prices.” They are forecasting soybean prices to gain 40 cents a bushel by 2025.Things do look a tad better for wheat long term but not in the short run, says Stalling, “Higher stocks and lower corn prices will keep the wheat market under pressure through 2017, but then a pickup in export demand will help prices recover a bit.” Wheat prices are forecast to average 4.95 by 2025. Facebook Twitter
Subscribe Carol Galante FHA 2014-08-11 Tory Barringer FHA Commissioner to Step Down Home / Daily Dose / FHA Commissioner to Step Down Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Carol Galante FHA The Best Markets For Residential Property Investors 2 days ago Related Articles Sign up for DS News Daily About Author: Tory Barringer in Daily Dose, Featured, Government, Headlines, News Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Less than two years after being confirmed as the head of the Federal Housing Administration (FHA), Commissioner Carol Galante is making plans to step down from her post.In a message sent to her staff Monday morning, Galante revealed that she intends to depart from HUD by the end of this year, after which she will assume a distinguished professorship at the University of California, Berkeley, where she received her master’s in city planning.She will also serve as the director of UC’s Berkeley Program in Housing and Urban Policy and will co-chair the Fisher Center on Real Estate’s Policy Advisory Board, according to the letter.Galante has been with HUD for five years, starting her career at the department as deputy assistant secretary for multifamily housing. She was nominated by President Obama for the role of FHA commissioner in 2011, receiving her confirmation from the Senate in late 2012, only a month after an audit revealed the agency’s mortgage insurance fund had plummeted deep into the red as a result of losses it took following the housing bust.Despite efforts made to restore the fund, FHA was forced last year to take a $1.7 billion Treasury draw to strengthen its financial position.This is a developing story. Check back later for more details. Previous: Florida Focus: Negative Equity Rate in Tampa Bay is Problematic Next: Florida Based Services Firm Reports Q2 Net Loss Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago August 11, 2014 685 Views The Best Markets For Residential Property Investors 2 days ago Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington’s student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News’ sister publication, MReport, which focuses on mortgage banking news. Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago
in Daily Dose, Featured, Market Studies, News June 29, 2020 1,590 Views The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Servicers’ Concerns Over Forbearance Plans Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Previous: Federal Agencies Propose Clarifications to Flood Insurance Rules Next: Personal Incomes Dip Due to COVID-19 Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Fannie Mae housing market 2020 Mortgage Servicer 2020-06-29 Mike Albanese The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago As the COVID-19 pandemic sent waves across the nation, lenders and servicers have worked to adapt quickly to market changes, new mandates, and policy updates.For lenders, clarity on loan eligibility, supply chain disruption, and staff health have been the primary challenges since the pandemic began impacting the U.S., while services’ biggest challenges have been understanding post-forbearance options and understanding forbearance programs overall. These were the concerns cited as most pressing in a survey Fannie Mae conducted of more than 200 senior mortgage executives in May.Thirty-six percent of loan originators cited “gaining clarity from secondary-market investors on loan eligibility guidelines” as their No. 1 or No. 2 challenge related to the pandemic.“Many investors were making significant changes to guidelines. The changes were different from investor to investor and the timing of effective dates was also different. Very difficult to manage,” one executive at a mid-sized institution told Fannie Mae.An executive at a smaller institution said, “Changes have been fast, causing everyone on the chain to play defense and disrupting the flow of credit.”Supply-chain disruptions also ranked high as a top concern with lenders noting that it is taking longer to get appraisals and verifications.For servicers, the clear concern was understanding post-forbearance options, which 44% of servicers surveyed cited as their highest or second-highest challenge during the pandemic.“The new forbearance policies are making it extremely easy for a borrower to request forbearance. That is a good thing since many people are impacted directly or indirectly by COVID-19,” said one executive at a mid-sized institution, according to Fannie Mae. “However, how a customer exits forbearance will not be easy for the customer and will be complicated for servicers. There needs to be an easy exit approach for consumers to reestablish their loan with no downstream impacts.”Getting clarification on forbearance programs was cited as a top concern among 33% of servicers. Other challenges have included understanding and adapting to customer relief requirements, maintaining adequate capacity to handle the needs of distressed borrowers, and increasing the capacity to deal with a potential increase in default servicing costs.As to be expected, loan originators experienced an increase in the use of digital applications among their clients during the pandemic. Sixty-nine percent of lenders reported an increase in video meetings with clients, 80% noted an increase in online applications, and 72% reported an increase in electronic verifications during the pandemic.Fannie Mae also surveyed executives on their top business priorities for the year, and they are largely in line with the past few years. For the past four years, “business process streamlining” and “consumer-facing technology” have been the top two priorities.Business process streamlining is the top priority for this year, ranking as the most important or second-most important for 39% of businesses. This is up from 29% last year.Consumer-facing technology was the top or second-highest concern among 33% of professionals, down from 41% last year.According to Fannie Mae, COVID-19 “has created a new urgency to streamline business processes and enhance consumer-facing technology to ensure continuity and efficiency amid rapid changes.”Cost-cutting was cited as a major priority for just 15% of executives, but among those, the main area of cost-cutting will likely be general and administrative expenses. Sixty-two percent of those who aim to cut costs plan to cut costs in this area.Fannie Mae conducted its survey of 254 senior executives between May 5 and May 18. Ninety-six of the institutions surveyed were smaller institutions, 62 were mid-sized, and 71 were larger institutions. Share Save Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Krista F. Brock Servicers Navigate the Post-Pandemic World 2 days ago Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia. Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Fannie Mae housing market 2020 Mortgage Servicer Subscribe Servicers’ Concerns Over Forbearance Plans
It sounded chilling to hear Lakers guard Kobe Bryant say it.But with a grand jury declining on Monday to indict white police officer Darren Wilson for his role in the death of unarmed black 18-year-old Michael Brown three months ago in Ferguson, MI, Bryant suggested a similar incident could happen again. After all, 17-year-old Trayvon Martin was shot 2 1/2 years ago by George Zimmerman despite remaining unarmed and only wearing a hoodie in his Florida neighborhood.“You can sit here and argue about it until we’re blue in the face and protest about it,” Bryant said following practice on Tuesday at the Lakers’ practice facility in El Segundo. “Until the legal system, we have a serious legal system conversation, it’s going to keep on happening.”Bryant already expressed his disgust with the ruling, tweeting on Monday night that “the system enables young black men to be killed behind the mask of law.” Bryant expounded those thoughts on Tuesday, saying there needs to be more “accountability” and “responsibility” placed on law enforcement officials. “That conversation was about the seed of it all for our young black youth and the seed of where things start with education,” Bryant said. “That is community support and having proper mentors in your life and providing that guidance early on in a person’s life. That’s a big thing that’s missing in our communities.”Yet, amid Bryant’s outspokenness, he sounded unsure what impact his soundbites and tweets will actually make on this issue.“I don’t know if it helps or not,” Bryant said. “But I have an opinion and I’m not bashful to use it. I don’t know if it helps or not. We all have opinions. If I feel a certain way about something, I’m more than willing to say it.” Newsroom GuidelinesNews TipsContact UsReport an Error How?“What’s justifiable? What calls for legal action and what qualifies as the threshold in being able to use deadly force in that situation?,” Bryant asked rhetorically. “Those are higher conversations that need to be had.”This hardly marks the first time Bryant spoke out on racial issues.Bryant distanced himself in a New Yorker interview from the Miami Heat wearing a hoodie to symbolize Martin being shot by Zimmerman despite remaining unarmed while wearing a hoodie in his Florida neighborhood. But two days after after Zimmerman was acquitted of murder charges, Bryant posted on his Instagram account disgust with the verdict by quoting civil rights activist Frederick Douglass.Bryant also spoke at a rally run by the Trayvon Martin Foundation at Crenshaw High School in July, 2014 on the one-year anniversary of Zimmerman’s “not guilty” ruling. During that time, Bryant met and spoke with Martin’s parents, Sybrina and Tracy.
8 November 2007Local diamond cutters and polishers have been given a boost with the launch of African Romance, a Johannesburg-based, majority black-owned gem company looking to establish a luxury African jewellery brand that will rival its foreign competitors.According to Business Report, African Romance spent in the region of R40-million on setting up its five-star facility in Sandton, Johannesburg late last year and on buying over 4 000 rough diamonds, with about 30 of the stones being polished a day.The company is 30% owned by the Gauteng provincial government, and 94% of its staff are black and 41% women. According to the company, its employees include the most experienced black diamond marker in South Africa, as well as the first black woman to operate a laser machine anywhere in the world.According to The Citizen newspaper, while southern Africa accounts for some 40% of world diamond production, most rough gems are sent to the United States, Europe or India to be cut and polished.“We want to create a model that says Africa can do it,” African Romance chief executive Mohseen Valli Moosa told The Citizen, pointing out that South Africa produced 12-million carats of diamonds in 2005, of which only 1% were polished within the country.Moosa told Business Report that despite wages for local diamond cutters and polishers being higher than those in India and China, “beneficiation is viable in South Africa in the long term”.To overcome this and remain viable, he told the paper that African Romance was looking to establish a luxury African brand to rival the likes of French jewellery and watch maker Cartier.“There is a gaping hole in the international brand world for African diamond designs,” Moosa said.African Romance subscribes to the Kimberley Process Certificate Scheme, which seeks to keep illicitly mined and conflict diamonds off the market. Clients receive a guarantee that their diamonds are legitimate and comply with the highest values of integrity and best practice. The South African government has been calling for increased mineral beneficiation within the country to ensure that more value is added to products before they are exported, enabling the creation of more jobs.In October, it was announced that the State Diamond Trader would buy 10% of diamonds mined locally by De Beers before passing them on to local cutters and polishers to add value.The trader, which is expected to supply its clients with rough diamonds by January 2009, will be run on a cost-recovery basis, with the intention of passing profit margins on to its clients.In terms of the value of the agreement, 10% of South Africa’s annual production of diamonds, amounting to around US$1.4-billion, would be about $140-million (about R960-million).All diamonds purchased by the State Diamond Trader will have to comply with the Kimberley Process Certificate Scheme, which seeks to keep illicitly mined and conflict diamonds off the market.SAinfo reporter Want to use this article in your publication or on your website?See: Using SAinfo material
Share Facebook Twitter Google + LinkedIn Pinterest Ohio’s hunters braved less than ideal weather conditions over the weekend and checked 9,228 white-tailed deer during Ohio’s 2016 two-day deer-gun hunting season, Dec. 17 and 18, according to the Ohio Department of Natural Resources (ODNR). During last year’s two-day December deer-gun season, 9,447 deer were harvested.Hunters still have opportunities to pursue deer this winter. Muzzleloader season is Jan. 7-10, 2017, and archery season remains open through Sunday, Feb. 5, 2017.The ODNR Division of Wildlife remains committed to properly managing Ohio’s deer populations. The goal of Ohio’s Deer Management Program is to provide a deer population that maximizes recreational opportunities, while minimizing conflicts with landowners and motorists.
Related Posts 9 Books That Make Perfect Gifts for Industry Ex… Tags:#gangnam#Justin Bieber#kpop#music#psy#YouTube 5 Outdoor Activities for Beating Office Burnout 12 Unique Gifts for the Hard-to-Shop-for People… 4 Keys to a Kid-Safe App fruzsina eordogh South Korean pop singer Psy’s “Gangnam Style” became the most viewed YouTube video over the weekend, dethroning Justin Bieber’s “Baby” by 24 million views as of late Sunday night.“Gangnam Style” earned the distinction of Most Viewed YouTube Video Saturday, around noon, according to the YouTube Trends blog. Bieber fans, fearing the inevitable, abandoned turkey leftovers last weekend to boost “Baby” views, reported The Daily Dot. They encouraged each other on social media to play the hit on repeat, and to run scripts that played “Baby” 75 times at once. No small percentage of YouTube viewers rejoiced in the dethroning, however, as evidenced by triumphant “Gangnam Style” comments Sunday night across YouTube. “Baby” had reigned for two years as most-viewed on the video-sharing site. The popularity of “Gangnam Style,” however, is unprecedented; the video averages 6.1 million views a day, according to data provided by ChannelMeter, a San Francisco-based startup providing YouTube analytics for online-video publishers and brand advertisers.“Gangnam Style” was uploaded 135 days ago and broke the Guinness World Record for having the most YouTube Likes back in September. It looks like the video will set another record soon: ChannelMeter predicts “Gangnam Style” will become “the first video in history to reach 1 billion views on Dec. 16, 2012.”
Photo by Tristan Tamayo/INQUIRER.netUniversity of the East gunner Alvin Pasaol will be a marked man as La Salle tries to stretch its winning run against the resurgent Red Warriors on Wednesday, while Adamson seeks to get back on track in UAAP Season 80 at Mall of Asia Arena.Pasaol exploded for a season-high 49 points the last time the two squads meet and UE coach Derrick Pumaren expects the Green Archers to pay extra attention on his prized forward when they collide at 2 p.m.ADVERTISEMENT Letran coach Napa looks ahead to next season, targets title Brace for potentially devastating typhoon approaching PH – NDRRMC Japan ex-PM Nakasone who boosted ties with US dies at 101 LATEST STORIES MOST READ Kin of Misamis Oriental hero cop to get death benefits, award — PNP “I’m sure they will work on trying to stop Alvin (Pasaol),” said Pumaren, whose team has won three of its last four games, including a 73-64 triumph over University of the Philippines on Sunday.“Probably they’re thinking that if they stop Alvin, they’ll stop UE. I’m sure there’s a lot of pride at stake because he got his record of 49. We’re expecting (Ben) Mbala to defend him.”FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutThe Falcons hope to gain some separation from three other teams in the Final Four race as they clash with the winless University of Santo Tomas Tigers at 4 p.m.With a 6-4 record, the Falcons are in solo third, but Far Eastern U, UP and National U are hot on in their heels just a game behind.With a Final Four already out of reach, the Tigers are looking for a strong finish to the season. Mbala has been largely credited for neutralizing the league’s best scorers, including Paul Desiderio of University of the Philippines. But while Pasaol’s explosion has sparked UE’s turnaround in the past three weeks, the Warriors have been getting solid contributions from across the squad to stay in contention in the Final Four race.“Until there’s a fourth team that makes it, then we still have a shot,” said Pumaren. “We just have to stay positive with what’s going on. We just have to keep playing as one unit.”The Archers have won back-to-back games to start the second round—against Final Four contenders Adamson and Far Eastern U.With Mbala cooling off after a strong start to the season, Ricci Rivero and Santi Santillan stepped up to power the Archers past the Falcons, 80-74, over the weekend.ADVERTISEMENT 2 dead in California school attack; gunman shoots self PLAY LIST 03:122 dead in California school attack; gunman shoots self01:42Police: California school shooting took 16 seconds03:04Filipino athletes share their expectations for 2019 SEA Games01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH Read Next Stronger peso trims PH debt value to P7.9 trillion CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA QC cops nab robbery gang leader, cohort Kammuri turning to super typhoon less likely but possible — Pagasa View comments
Brighton boss Potter: Players not surprised about Alzateby Ansser Sadiqa month agoSend to a friendShare the loveBrighton boss Graham Potter believes that no one at the club was surprised about the impressive debut of Steven Alzate.The versatile youngster got his first chance to show what he can do in the Premier League.And he impressed in the game, earning a man of the match award.He only got in the team due to an injury crisis, but Potter knew that Alzate would grab his chance.Albion head coach Potter said to reporters after the game: “I thought he did really well, really pleased for him.”I think if you asked the boys, they are not surprised because he has trained with us every day.”He has shown that quality daily, it is just the next step to play.”We had a couple of injuries so it allows him to come and play but he probably deserved it on merit anyway, if I am honest.”The Bristol Rovers game (in the Carabao Cup), he was probably our best player.”It is nice for him to come through and make his Premier League debut.” About the authorAnsser SadiqShare the loveHave your say