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Scheve: Farmers Are Asking - What Are You Going To Do Now?


POSTED JULY 16, 2018 1:53 PM
Malnourished Bulls
In last week’s intro, I talked about the Friday rally being a ‘sell the rumor, buy the fact’, but left you with a warning about malnourished bulls. The exact quote was “The bulls have been starving and may or may not be able to walk in a straight line!” This was a reference to money flow. After a [...]

POSTED JULY 13, 2018 8:22 PM
Scheve: Why It Is Important For Me To Have A Marketing Philosophy


POSTED JULY 09, 2018 1:46 PM
Buy The Fact
One of the oldest trading rules I know is “sell the rumor, buy the fact”. The markets are in the business of discounting news as it is known or suspected, and in advance of actual facts. Fundamentally bullish or bearish USDA reports often see the market going the other direction by the close becaus [...]

POSTED JULY 06, 2018 8:35 PM
Scheve: Lifting Hedges - Should I Be Buying Corn or Beans Back Right Now?


POSTED JULY 03, 2018 3:45 PM
Fear of the Unknown
There are plenty of psychology studies out there about how people deal with the unknown. Despite the assertiveness of Internet bloggers, there are in fact a number of unknowns out there that you have to face each day. Some have known resolution points, like the USDA reports issued on Friday at 11 AM [...]

POSTED JUNE 29, 2018 10:32 PM
Scheve: How I Lost On A Straddle Trade Last Week


POSTED JUNE 25, 2018 2:56 PM
The Longest Day
As most of you know, Thursday was the start of Summer. The Summer Solstice brings on a number of things from the official beginning of summer to the realization that another year is quickly passing us by. But the one thing we can all enjoy is that it's the longest day of the year. There is more time [...]

POSTED JUNE 22, 2018 9:02 PM
Why I Want To Sell Corn Before Harvest


POSTED JUNE 18, 2018 9:42 PM
Whatever We Had Once Was Gone
If you are a long time reader of this column (this is #800!) you have probably figured out that my musical tastes are pretty eclectic, with a skew toward 1970’s rock and roll, but room for jazz, blues, country and maybe one or two classical pieces hiding in the background. Lyrics to songs pop into m [...]

POSTED JUNE 15, 2018 10:10 PM

News – Insurance Journal

AIG Completes $5.5 Billion Acquisition of Validus
American International Group Inc. said it has completed its acquisition of Bermuda reinsurer and specialist insurer Validus Holdings. The $5.56 billion all-cash transaction was first announced in January, about eight months after Brian Duperreault took over at AIG as president …

POSTED JULY 19, 2018 12:46 AM
WSS California Operation Adds Bertram, McLeod
WSS, part of XPT, a new specialty insurance distribution company, has named Lynn Bertram senior broker/underwriter in the commercial lines department, while Stefanie McLeod will serve as vice president and senior production underwriter in the personal lines department. Bertram previously …

POSTED JULY 18, 2018 10:43 PM
Paragon Opens New Office in California, Adds Etzler as Director of Workers’ Comp
Paragon Insurance Holdings LLC is expanding in San Diego, Calif. with the opening of a new office in downtown and the hiring of Robert Etzler. He will serve as senior vice president and director of workers’ compensation. Prior to joining …

POSTED JULY 18, 2018 10:41 PM
Worker Killed at North Carolina Campbell’s Soup Plant
Oan has died and another was hurt when a trash container fell off a forklift at a soup plant in North Carolina. The Robeson County Sheriff’s Office told news outlets that 59-year-old Alex Radford of Laurinburg died late Sunday morning …

POSTED JULY 18, 2018 4:45 PM
EPIC Insurance Brokers Adds Close to Energy Construction Practice in Alabama
EPIC Insurance Brokers and Consultants has tapped Josh Close as client services coordinator in the firm’s Birmingham, Ala.-based national energy construction practice, reporting to EPIC Principal Brian Tanner. Close will be involved in all aspects of client support, account rounding …

POSTED JULY 18, 2018 4:42 PM
Fire Sparked by Air Conditioning Unit at Tennessee Assisted Living Facility Injures 1
A fire official says a blaze at a Tennessee assisted living facility injured one person and led to dozens of others being evacuated from the building. Officials told news outlets that an air conditioning unit caught fire Monday night in …

POSTED JULY 18, 2018 4:36 PM
Alabama Farmer Pleads Guilty in $919K Crop Insurance Scam
Authorities say an Alabama farmer has acknowledged falsifying documents that allowed him to receive $919,000 in crop insurance money he wasn’t entitled to. The Dothan Eagle reported last month that Dexter Day Gilbert pleaded guilty recently to submitting false applications …

POSTED JULY 18, 2018 4:33 PM
Police Close to Decision on Charges in Fatal Wisconsin Blast
Police say they’ll soon decide whether to recommend prosecutors file charges in connection with a natural gas explosion that killed a Wisconsin firefighter. Authorities say a construction crew struck a gas main in downtown Sun Prairie on July 10, resulting …

POSTED JULY 18, 2018 3:33 PM
Oklahoma Attorney General Assembles Team of Lawyers over Marijuana Rules
Oklahoma’s attorney general says he’s assigning a team of lawyers to advise him on matters surrounding the Board of Health’s decision to insert last-minute restrictions on the state’s new medical marijuana industry. Attorney General Mike Hunter announced his intentions in …

POSTED JULY 18, 2018 3:30 PM
Monsoon Brings 100-Year Flooding Event to Arizona
The National Weather Service says the storm that swept across northern Arizona over the weekend amounted to a 100-year event. The Arizona Daily Sun reported that those types of storms have a 1 percent chance of happening every year and …

POSTED JULY 18, 2018 3:21 PM

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