Categoría: Influencers

WEST LAFAYETTE, Ind. and CHICAGO, Jan. 5, 2021 /PRNewswire/ — There was a modest improvement in producer sentiment according to the December Purdue University/CME Group Ag Economy Barometer. The barometer increased 7 points from November to a reading of 174. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, were also higher in December than in November. The Index of Current Conditions climbed 15 points to 202 and the Index of Future Expectations increased by 5 points to a reading of 161. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. This month’s survey was conducted from December 7-11, 2020.

«The rise in the Ag Economy Barometer was primarily driven by farmers’ perception that the current situation on their farms really improved. The sharp rise in the Index of Current Conditions is correlated with the farm income boost provided by the ongoing rally in crop prices. That appears to be the driving force behind producers’ optimism,» said James Mintert, the barometer’s principal investigator and director of Purdue University’s Center for Commercial Agriculture.

Producers were noticeably more inclined to think now is a good time to make large investments in their farming operations than in November. The Farm Capital Investment Index increased 13 points in December to a record high of 93. The percentage of farmers expecting to increase their machinery purchases in the upcoming year rose 5 points to 15 percent in December, while the percentage expecting to reduce their purchases declined by the same amount.

They were also bullish about farmland values and cash rental rates. In December, the percentage of farmers expecting farmland values to rise over the next year increased 9 points from November to a reading of 35. The percentage expecting farmland values to rise over the next five years increased 11 points from November to a life of survey high 65 percent.

Reflecting the improvement in crop production profitability, more producers said they expect farmland cash rental rates to rise in 2021 when compared to survey results from late summer. In December, 18 percent of respondents said they expect cash rental rates to rise in 2021, double the percentage who felt that way in August and September. Moreover, it’s clear that any downward pressure on cash rental rates evident earlier in the year has nearly disappeared, as just 5 percent of farmers said they expect to see cash rental rates decline in 2021 compared to 17 percent who felt that way in August.

Farmers were less optimistic when asked about the on-going trade dispute between U.S. and China. In the first quarter of 2020, an average of 76% of respondents thought the trade dispute’s ultimate resolution would favor U.S. agriculture, by spring that average declined to 62 percent, and by December it dropped to an all-time survey low of 47 percent. When asked whether they expect U.S. ag exports to increase over the next five years, only 51 percent of respondents in December said they expect to see export growth.

To learn more about what factors might be motivating the shift in producers’ sentiment pre- and post-November election, a series of questions focused on producers’ future expectations for environmental regulations, taxes and other key aspects of the agricultural economy, were included on the October, November and December surveys. In December, farmers continued to express concerns following the November election about several key policy issues affecting agriculture. Over 80 percent of farmers said they expect environmental regulations to become more restrictive in December, compared to 41 percent who felt that way in October. Over 70 percent of producers expect to see higher income and estate taxes compared to 35 and 40 percent, respectively, in October. One-third of farmers said they expect the farm income safety net to weaken compared to 18 percent and just over one-fourth of producers said they expect government support for the ethanol industry to weaken compared to 17 percent who felt that way in October.

Read the full Ag Economy Barometer report at https://purdue.ag/agbarometer. The site also offers additional resources – such as past reports, charts and survey methodology – and a form to sign up for monthly barometer email updates and webinars.

Each month, the Purdue Center for Commercial Agriculture provides a short video analysis of the barometer results, available at https://purdue.ag/barometervideo, and for even more information, check out the Purdue Commercial AgCast podcast. It includes a detailed breakdown of each month’s barometer, in addition to a discussion of recent agricultural news that impacts farmers. Available now at https://purdue.ag/agcast.

The Ag Economy Barometer, Index of Current Conditions and Index of Future Expectations are available on the Bloomberg Terminal under the following ticker symbols: AGECBARO, AGECCURC and AGECFTEX.

About the Purdue University Center for Commercial Agriculture
The Center for Commercial Agriculture was founded in 2011 to provide professional development and educational programs for farmers. Housed within Purdue University’s Department of Agricultural Economics, the center’s faculty and staff develop and execute research and educational programs that address the different needs of managing in today’s business environment.

About CME Group
As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals.  The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world’s leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec, EBS, TriOptima, and Traiana are trademarks of BrokerTec Europe LTD, EBS Group LTD, TriOptima AB, and Traiana, Inc., respectively. Dow Jones, Dow Jones Industrial Average, S&P 500, and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor’s Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners. 

Writer: Kami Goodwin, 765-494-6999, kami@purdue.edu  
Source: James Mintert, 765-494-7004, jmintert@purdue.edu

Related websites:
Purdue University Center for Commercial Agriculture: http://purdue.edu/commercialag
CME Group: http://www.cmegroup.com/

Photo Caption: Farmer sentiment rises as income prospects improve, concerns about key policy issues remain. (Purdue/CME Group Ag Economy Barometer/James Mintert) https://www.purdue.edu/uns/images/2020/dec-barometerLO.jpg

CME-G 

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SOURCE CME Group

DALLAS, Jan. 5, 2021 /PRNewswire/ — World Series of Golf, Inc. (OTC Pink: WSGF) («WSGF») today highlighted a recent interview published last week of Vaycaychella CEO William «Bill» Justice.

Vaycaychella is subsidiary operation of WSGF acquired last year that now represents the company’s primary business focus. A corporate name change is underway.

Vaycaychella has built a peer-to-peer (P2P) technology solution designed to connect short-term rental property buyers with alternative investors. The P2P application (app) is part of a fintech ecosystem solution suite for short-term rental property owners that includes a Visa Card solution and plans for a cryptocurrency component.

Over the past three years Vaycaychella has built a portfolio of short-term vacation property investments that would not qualify for conventional mortgages. Now the company is scaling its business model with the introduction of its P2P technology.

Last week, Greenlight Stocks published an in-depth interview of Vaycaychella CEO William «Bill» Justice discussing the company’s current operations and rapid growth objectives with a target $100 million in revenue after the production roll-out of the company’s P2P investment app. The interview addresses the recent Airbnb IPO and how it relates to Vaycaychella’s business.

The recent Airbnb IPO has brought attention to the burgeoning short-term rental property sector of the overall travel accommodations sector. At the same time, it has highlighted the limited availability of resources available to short-term rental property owners and operators marketing through Airbnb and its peers such as VRBO and Booking.com.

WSGF plans to beta launch its Vaycaychella P2P app to beta users in February 2021 with a production launch anticipated in June. 

The Greenlight interview can be viewed read in its entirety at the following the link below:

CEO SPOTLIGHT: WORLD SERIES OF GOLF, INC. CEO TALKS VAYCAYCHELLA APP, A BREAKOUT YEAR IN 2021, AND AN EXPECTED $100 MILLION IN NEW REVENUES 

To learn more and keep up with the latest updates at Vaycaychella, visit  https://www.vaycaychella.com/. At the company website, you will find a blog with frequent industry publications on the short-term rental market in general, as well as entries specific to Vaycaychella.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

WSGF Contact:
William «Bill» Justice
bill@vaycaychella.com
+1 (800) 871-0376

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SOURCE World Series of Golf, Inc.

STOCKHOLM, Jan. 5, 2021 /PRNewswire/ —

Lumber Markets – Europe

Lumber trade fell slightly in Europe in 2020. During the first eight months, shipments from the major exporting countries were down 1.2% – the first y-o-y decline in eight years, reports the WRQ. Countries that have reduced exports the most so far this year include Finland, Latvia, and Austria.There have been mixed developments in the Nordic countries, with Finland shipping substantially less lumber this year, while Sweden actually increased shipments. Sweden is on track to reach an all-time high in export sales this year. The markets where Swedish exporters have expanded the most since 2019 include the US, China, Germany, Denmark, and Egypt.  Lumber prices in Finland and Sweden have moved up during much of 2020, as reported in the WRQ. The increases followed a low point in late 2019 when prices were at their lowest in over ten years (in US dollar terms).

Lumber Markets – North America

The US lumber market was red hot in the 3Q/20, with prices surging to levels never seen before. Southern pine prices increased by 160% from the year’s low in April, to September. In Western US, Douglas-fir lumber prices almost doubled during the same period. High domestic demand for lumber in the US and a trade dispute with China reduced US softwood exports in 2019 and 2020, with y-o-y reductions of 17% recorded in the first nine months of 2020. Total shipments for 2020 are on track to be their lowest in over ten years. Canadian lumber exports have also declined in 2020. During the first nine months of the year, shipments were 10% lower than in the same period in 2019, with most of the decline occurring from January to June. In the 3Q/20, total export sales picked up from the previous two quarters, equaling the 3Q/19 shipment volume. The price surge in the US domestic market directly impacted Canadian export prices in 2020. Average prices for US-bound lumber in September 2020 were 94% higher than in September 2019.

Lumber Markets – the United Kingdom

The United Kingdom is the largest importer and the second-largest consumer of softwood lumber in Europe. In 2019, the country imported 6.7 million m³, which was a y-o-y decline for the second consecutive year. Although lumber imports showed a substantial increase in the 3Q this year, the first nine months’ total volume was still 22% below the same period in 2019. Shipments from Sweden, the largest lumber supplier to the UK, have fallen less than imports from other countries, including Latvia, Finland, Russia, and Germany. Import prices were generally higher in the fall than earlier in the year.

Lumber Markets – China

Lumber imports to China slowed in the 3Q/20, with total volumes falling 2% from the previous quarter and 4% from the 3Q/19. Total imports for the first nine months were 10% below the same period in 2019, according to the Wood Resource Quarterly. China’s two largest supplying countries, Russia and Canada, collectively account for roughly two-thirds of total imported softwood lumber. They both lost market share in 2020. Predominantly European suppliers, including Ukraine, Sweden, Germany, Finland, and Belarus, have been increasing their presence in China to fill the need for wood in the world’s second-largest market this year.Despite the reduced demand for lumber, import prices have moved up this year and in the third quarter were the highest they have been in two years. Russian prices were close to a record high. Russian lumber is also the supply source that has increased the most in price the past year.

Lumber Markets – Japan

Lumber imports to Japan fell by almost 10% during the first nine months of 2020 compared to the same period in 2019. The y-o-y changes were mixed for the four leading suppliers, with Canada, Finland, and Russia reducing shipments to Japan, while Sweden increased export volumes by 19% this year. Importation from smaller suppliers such as Austria, Chile, the United States, the Czech Republic, and Germany have fallen by 10-35% in 2020.Import prices have slowly trended downward the past two years, with the average price in the 3Q/20 being 13% lower than in the 3Q/18. According to the Japan Lumber Journal, the most significant changes from September 2019 to September 2020 were an increase of Canadian hemlock prices by 15% (in Yen terms) and the decrease in European whitewood prices by about 13%.

Are you interested in worldwide wood products market? The Wood Resource Quarterly (WRQ) is a 70-page report established in 1988 and has subscribers in over 30 countries. The publication tracks prices for sawlog, pulpwood, lumber, and pellets and reports on trade and wood market developments in most key regions worldwide. For more insights on the latest international forest product market trends, please go to www.WoodPrices.com

CONTACT:

Wood Resources International LLC
Hakan Ekstrom
info@woodprices.com

www.woodprices.com

This information was brought to you by Cision http://news.cision.com

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SOURCE Wood Resources International LLC

DALLAS, Texas, Jan. 5, 2021 /PRNewswire-PRWeb/ — Antuit.ai, the leader in SaaS AI solutions with the most accurate demand forecasting and advanced omnichannel inventory optimization for supply chain, merchandising and marketing, is included in Forrester Research’s «Now Tech: Integrated Business Planning, Q4 2020» report, authored by Vice President and Principal Analyst George Lawrie.

The Forrester report reveals how consumer products, retailers and other industries «can use Integrated Business Planning (IBP) to align strategic, operational and financial plans to improve business performance, drive superior customer service… and clarify the full impact of operational decisions with an enterprise view of all components of demand.» Antuit.ai was cited for its high-frequency demand focus. High-frequency demand focus is noted by Forrester as «[appealing] to enterprises that need highly granular demand signal repository data to drive their response to market.»

«We believe that inclusion in Forrester’s Now Tech: IBP report validates antuit.ai’s position in the market as a leader in AI demand forecasting, planning and pricing solutions. Antuit.ai’s leading edge AI platform delivers the most accurate forecast, down to SKU/store/day, which helps retailers and CPG companies make smart decisions throughout their supply chain and merchandising operations by providing transparency about the demand impact of each tactical decision,» said Craig Silverman, CEO of antuit.ai.

About antuit.ai

Antuit.ai is the leader in AI-powered solutions for Forecasting and Merchandising, empowering world-class retailers and consumer products companies to digitally transform their businesses and achieve substantial business results. To learn more, visit http://www.antuit.ai.

Media Contacts:

Mary Pitzer
antuit.ai
+1 214.618.0939
mary.pitzer@antuit.ai

Ronald Margulis
RAM Communications
+1 908.272.3930
ron@rampr.com

Media Contact

Mary Pitzer, mary.pitzer@antuit.com, +1 7013880761, mary.pitzer@antuit.ai

SOURCE Antuit.ai