Sunu Assurances Nigeria Plc (SUNU.ng) Q12020 Interim Report

first_imgSunu Assurances Nigeria Plc (SUNU.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2020 interim results for the first quarter.For more information about Sunu Assurances Nigeria Plc (SUNU.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Sunu Assurances Nigeria Plc (SUNU.ng) company page on AfricanFinancials.Document: Sunu Assurances Nigeria Plc (SUNU.ng)  2020 interim results for the first quarter.Company ProfileSunu Assurances Nigeria Plc formerly (Equity Assurance Plc) is an established insurance company in Nigeria offering non-life insurance for the domestic and corporate sectors as well as asset management and health management services. The company also has business interests in Ghana. Non-life insurance ranges from fire and special peril to consequential loss, cash and goods in transit, public and products liability, fidelity guaranty, personal liability and accident insurance products. Equity Assurance Plc also provides insurance products for workmen compensation and plant, erection and contractors all risk and welfare funds and medical evacuation. The company has subsidiary segments providing health management, asset management and hospitality services. Equity Assurance Plc is a subsidiary of SUNU Finances Holding SA. Its head office is in Lagos, Nigeria. Sunu Assurances Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

The crucial thing to remember when buying FTSE 100 income stocks during the coronavirus crash

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images At this point it has become almost trite to quote the Warren Buffett adage, “be greedy when others are fearful”. I think most regular readers of the Motley Fool understand that the recent worldwide free fall in stock prices has thrown up some very attractive opportunities, from both capital gain and dividend points of view.However, it’s really not as simple as ‘buying the dip’. If it were that easy, everyone would do it. Here is what I think investors need to bear in mind when bargain shopping in the near future.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Not all dividends are equalIn times like this, the dividend yield on premier income stocks can get extremely high as share prices fall. For instance, shares of Royal Dutch Shell (LSE: RDSB) are currently yielding almost 14%. Tour operator Carnival (LSE: CCL) is yielding 16%.The important thing to remember is that not all dividends are equal. Even in normal times, a high dividend yield is generally a sign that the market does not believe the payout promised by management will materialise. The higher yield reflects the risk inherent in the investment. This is even more true in today’s environment. So you need to look at each company separately and decide whether the high yield is worth the risk.ShellLet’s look at the example above. On one hand, we have Shell, a company that hasn’t cut its dividend since World War II. It has a strong balance sheet, and is therefore able to support its dividend in the short term. Its decline has been worse than average, but has also been driven primarily by the drop in oil price, which many people believe to be unsustainable.I think that even if Shell were to suspend or cut its dividend, the company itself would survive and would still be able to generate solid cash flow in the long term.CarnivalOn the other hand, you have Carnival, whose entire source of revenue has dried up until at least the end of the summer (the main holiday period in the Northern hemisphere). Operating cruise ships is a very capital-intensive business, which mean these businesses have a very narrow margin for error.To make matters worse, Carnival is heavily dependent on cash flows from its business to service its considerable debt load. In its annual trading update for 2019, the company disclosed $518m (£436m) in cash or cash equivalents, against short-term borrowings of $231m (£195m).Last week, the company announced that it would be using its $3bn (£2.52bn) credit line to increase its cash position.The irony is that last year Carnival spent $600m (£506m) on buybacks and $1.39bn (£1.17bn) on dividends. That spending spree was financed, albeit indirectly, by taking on $1.4bn (£1.18bn) in debt.It seems pretty likely that Carnival will have to cut its dividend substantially, and in fact it’s very future could be in question. So tread lightly when looking for bargains. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The crucial thing to remember when buying FTSE 100 income stocks during the coronavirus crash Enter Your Email Address Simply click below to discover how you can take advantage of this.center_img “This Stock Could Be Like Buying Amazon in 1997” Stepan Lavrouk | Friday, 20th March, 2020 | More on: CCL RDSB The Motley Fool UK has recommended Carnival. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Stepan Lavrouklast_img read more

How Saint-André plans to repay English rugby

first_img France coach Philippe Saint-AndréBy Gavin MortimerTHE Sunday Times ran a piece last weekend in which Rugby World’s very own Stephen Jones interviewed Philippe Saint-André. The coach of France was his normal affable self, buttering up the English ahead of Sunday’s encounter byacknowledging his “debt to England rugby” on account of the formative years he spent coaching at Gloucester and Sale. Then, breaking into a broad grin, he added: “Maybe the best way to say thanks, and to show them how well I was trained, is to beat them next Sunday at the Stade de France.”You wouldn’t bet against France beating England seven days after they drew 17-17 with Ireland at the same venue. But if they do it, it won’t be with the pace and panache that personified Saint-André’s 69-cap international career. The former winger – best remembered by English fans for his magnificent try at Twickenham in the 1991 Five Nations – was clearly impressed with what he learned in England because France so far this Six Nations have played in a style à les Anglais.There were times against Ireland when it felt like we weren’t watching France but rather an England XV circa 1994. Dominant in the scrum, destructive in the driving maul, impressive in the lineout…and appalling out wide, that best sums up France against the Irish.Beauxis attempts a drop-goalFly-half Francois Trinh-Duc and outside centre Aurelien Rougerie both had games to forget while Lionel Beauxis, a replacement for the final 12 minutes, hardly covered himself in glory when he butchered two attempts at dropped goals after great work by his pack. There can’t have been much bonhomie between the forwards and backs after the match, not when one unit (forwards) had striven so hard to secure victory only to see the other (backs) mess up time after time. Apparently French president Nicolas Sarkozy dropped into the dressing room after the Ireland game: perhaps his diplomacy skills were called upon… Modern rugby is all about ‘taking positives’ from matches so at least another try-scoring display from centre Wesley Fofana will have bucked up Saint-André. But he alone of the French threequarters has shown a cutting edge in this season’s Six Nations. Admittedly they ran in four tries against a poor Italy on the opening weekend but against Scotland the French were on the rack for long periods, and both their tries came from poor Scottish tackling. England won’t be as generous and their rush defence is likely to cause similar problems to the French as did Ireland’s.Thierry Dusautoir takes on Jonathan SextonSo from a French fan’s point of view, thank goodness for their pack and the strength of their set-piece. Loose forwards Thierry Dusautoir and Imanol Harinordoquy were outstanding against Ireland, second row Pascal Pape stood toe to toe against the great Paul O’Connell, and prop Jean Baptiste Poux gave Mike Ross an afternoon to forget in the scrum. not for featured LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS England’s pack will be bracing themselves for more of the same on Sunday, knowing that if they can gain parity at the set-piece then their backs can cause problems out wide. Even at 20, Owen Farrell is a better and more rounded fly-half than Trinh-Duc (assuming Saint-André keeps faith with the Montpellier No 10), while Manu Tuilagi will allow us to see if Fofana’s defence is as good as his attack. The back three are evenly matched though England will look to exploit full-back Clement Poitrenaud’s flaky defence.Saint-André has talked of how the French players have a “ burning desire” to wear the French jersey, a message not too dissimilar from the one coming out of the English camp. Perhaps then Sunday’s clash will all come down to which team’s desire burns brightest.last_img read more

General Seminary partners with Church Center on social media

first_img TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Featured Jobs & Calls Social Media, Director of Administration & Finance Atlanta, GA Submit a Press Release Assistant/Associate Rector Washington, DC Comments (1) Missioner for Disaster Resilience Sacramento, CA By ENS staffPosted Feb 10, 2012 Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Curate Diocese of Nebraska Associate Rector Columbus, GA Rector Hopkinsville, KY Assistant/Associate Priest Scottsdale, AZ An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Rector and Chaplain Eugene, OR Canon for Family Ministry Jackson, MS Rector Shreveport, LA Comments are closed. Submit a Job Listing Featured Events Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Albany, NY Rector Collierville, TN Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Priest Associate or Director of Adult Ministries Greenville, SC Course Director Jerusalem, Israel An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Tampa, FL Director of Music Morristown, NJ Assistant/Associate Rector Morristown, NJ Rector Smithfield, NC In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 center_img Bishop Diocesan Springfield, IL Associate Rector for Family Ministries Anchorage, AK General Seminary partners with Church Center on social media New Digital Formation program focuses on mission and outreach Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Belleville, IL Deborah Matherne says: Youth Minister Lorton, VA Emergent Church, This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Bath, NC Family Ministry Coordinator Baton Rouge, LA Rector Martinsville, VA New Berrigan Book With Episcopal Roots Cascade Books Priest-in-Charge Lebanon, OH Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector Pittsburgh, PA Rector/Priest in Charge (PT) Lisbon, ME Tags Rector Washington, DC Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Cathedral Dean Boise, ID Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Associate Priest for Pastoral Care New York, NY The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Knoxville, TN Submit an Event Listing Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Theological Education Press Release Service Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector (FT or PT) Indian River, MI February 10, 2012 at 9:54 pm What an exciting and timely opportunity to learn how to expand my sadly lacking social media skills. Working half the year from Honduras means that I really, really need these skills. I can’t wait to learn all I can here with my very first webinar. [Episcopal News Service] The General Theological Seminary of the Episcopal Church is working with the Office of Communication of the church’s denominational headquarters on a new education program called Digital Formation.The goal is to help clergy and lay leaders throughout the Episcopal Church appreciate the importance of understanding the use and effects of social media in the church as well as its theological foundations and implications, according to a seminary press release.The program begins with a series of webinars, each centering on a different topic related to social media. The first hour-long webinar starts at 1:00 pm EST on Feb. 17. Interested persons may register here. The program includes 45 minutes of content and a 15 minute question-and-answer session. The topics include:Feb. 17: introduction to the church and social media;March 2: social media as hospitality;March 16: what to tweet about;March 30: Foursquare and evangelism;April 20: mobile apps for churches;May 4: QR Codes in and around church.“The exponential growth of phenomena like Facebook, Twitter, and the use of various mobile devices challenge us to take not just a practical ‘how to’ approach but also to develop a serious theology of social media,” Colin Chapman who, along the Rev. Joseph P. Mathews, have guided the creation of the program, said in the release. Both are GTS students.“Formation is a part of our name because we hope to address not just technology, but also how we are shaped into the image of Christ, how we embody our Baptismal Covenant,” added Mathews.In an interview with Episcopal News Service, both Chapman and Matthews said they bring their faith online with them and it has served as a chance for them to evangelize in the world of social media.“I think what happens, particularly with people who are maybe somewhat newer to the Internet and social media, is that you can cheapen what happens online as not personal or less than personal,” Chapman said.But, he said, “when you acknowledge that the person on the other end of your Facebook wall is a person reflective of the incarnate nature of Christ it completely changes the church’s need to be involved because now we’re no longer dealing with digits and bits and images on a computer; but you’re dealing with Christ in the other.”Following the webinar series, Digital Formation will welcome the Rev. Matthew Moretz from Christ Church, Rye, New York, the host of the popular online video series “Father Matthew Presents.” Moretz will be on the GTS campus on Feb. 23 at 7 p.m. to discuss how social media has supported his own ministry and mission, as well as how others may use social media tools such as YouTube to highlight their own parish’s strengths. The public is invited and there is no charge.Matthews compared the evangelism possible through social media to the methods used by St. Paul when he founded early Christian communities.“In the first century, Paul got into a boat and went around the Mediterranean and built a community of people where they were. And he didn’t just say ‘You need to believe in Jesus” and then get back in his boat,” Matthews told ENS.Paul lived with the people, built up the community and the church and when he eventually did move on, “he stayed in the touch with the communities that he had planted and we have some of those letters now,” he said.“It’s important for churches to pay attention to social media because it’s where people gather,” he said, adding that much social interaction takes place online and noting the oft-repeated statistic that Facebook’s membership is equal to the third-largest country in the world.A short Episcopal Church-produced video about the impact of social media is here.“Another part of it for me is that as the church has lost a lot of its clout in the sort of post-Christian society that we’re living in, social media gives the church a platform to re-create intentional communities similar to those of the early church,” Matthews said. While early Christians might have been were living together and sharing houses, denizens of social media share news feeds to be connected to each other.“That enables a way to talk about discipleship and formation, which is why we’re talking about digital formation,” he added.Digital Formation will have a presence at General Convention this summer and has ambitious plans for additional training sessions on and off campus next year, according to the release.“Helping current and future leaders to understand social media underscores General’s commitment to an ever-increasing emphasis on the use of new technologies in the enterprise of theological education,” said the Rev. Lang Lowrey, the seminary’s president, in the release.The Church Center’s Office of Communications is working with Digital Formation to share expertise and technology in an effort to make some of the programming available on-demand to the wider church.“We are delighted to be working with GTS on this program,” said Anne Rudig, director of communication for the Episcopal Church.For more information about Digital Formation, email to [email protected] Digital Formation’s Facebook page, which includes a schedule of upcoming webinars and events, is here. The program can also be followed on Twitter at twitter.com/digiformation.last_img read more

Savannah honors Episcopal mayor who led desegregation effort

first_imgSavannah honors Episcopal mayor who led desegregation effort Associate Rector Columbus, GA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Tampa, FL Tags Rector Shreveport, LA Director of Administration & Finance Atlanta, GA Missioner for Disaster Resilience Sacramento, CA Diocese of Georgia Bishop Scott Benhase, center, poses near the 32nd marker on the state’s Civil Rights Trail with the Rev. Michael White, left, rector of Christ Church in Savannah, and Stephen Williams, right, senior pastor at First Presbyterian Church of Savannah. Photo: Mills Fleming[Episcopal Diocese of Georgia] The summer of 1963 was a hot one in Savannah, and in the words of one observer, the city could have exploded. Instead, a coalition of the city’s leaders was able to accomplish a peaceful desegregation of Savannah before the Civil Rights Act of 1964.The Georgia Historical Society recently recognized one of those leaders, the late Malcolm Maclean, mayor of Savannah from 1960 to 1966 and lifelong Episcopalian, with the dedication of the 32nd marker on the state’s Civil Rights Trail.Otis Johnson, the mayor of Savannah from 2004 to 2012, provided a historical context, saying, “In 1963, during a hot summer, the city could have exploded: the first 19 African Americans went to Savannah High School and there were two-a-day demonstrations downtown. Maclean, along with W.W. Law, Eugene Gadsden, Curtis Cooper, … the bishop of the Catholic Diocese [the Rev. Thomas J. McDonough] and the Episcopal diocese [the Rev. Albert Stuart], worked to calm things down.”In 1964, Martin Luther King Jr. declared Savannah the most desegregated city south of the Mason-Dixon Line.The marker honors Malcolm Maclean, the mayor of Savannah from 1960 to 1966 and a lifelong Episcopalian who help to achieve the largely peaceful desegregation of Savannah. Photo: Mills FlemingJohnson quoted King as saying, “ ‘Where evil men would seek to perpetuate an unjust status quo, good men must seek to bring into being a real order of justice.’ ” Johnson then added, “Mayor Malcolm Maclean was a good man who fought to bring a real order of justice to Savannah during a turbulent time in the ’60s. I am proud to have known him.”Current Savannah Mayor Eddie DeLoach, remembered Maclean as a man who “stood when others did not.”“Savannah is a better place than it otherwise would be because of Mr. Maclean’s witness,” said Georgia Bishop Scott Benhase. “His commitment to doing what was right, regardless of the political costs, makes him an example to all who hold elective office in our country today. His Christian faith shaped his politics without him needing to trumpet it. His faith was simply who he was.”Maclean was a lifelong member of Christ Church in Savannah where his wife Frances still attends services. The marker can be found at the Atlantic Mall, 45th and Atlantic Avenues.– Anna Iredale is the director of communications for the Episcopal Diocese of Georgia. Assistant/Associate Priest Scottsdale, AZ The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Family Ministry Coordinator Baton Rouge, LA Associate Priest for Pastoral Care New York, NY By Anna IredalePosted Dec 4, 2017 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Assistant/Associate Rector Morristown, NJ Priest-in-Charge Lebanon, OH In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Canon for Family Ministry Jackson, MS Featured Events Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Racial Justice & Reconciliation Director of Music Morristown, NJ Featured Jobs & Calls Rector and Chaplain Eugene, OR Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Submit a Job Listing Rector (FT or PT) Indian River, MI Rector Hopkinsville, KY center_img The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector/Priest in Charge (PT) Lisbon, ME AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Press Release Service Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Youth Minister Lorton, VA New Berrigan Book With Episcopal Roots Cascade Books Rector Knoxville, TN Rector Collierville, TN Rector Belleville, IL Curate Diocese of Nebraska Rector Pittsburgh, PA Submit an Event Listing Bishop Diocesan Springfield, IL Rector Washington, DC Rector Albany, NY Submit a Press Release Rector Bath, NC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Martinsville, VA Curate (Associate & Priest-in-Charge) Traverse City, MI Associate Rector for Family Ministries Anchorage, AK Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Smithfield, NC This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Advocacy Peace & Justice, Priest Associate or Director of Adult Ministries Greenville, SC Course Director Jerusalem, Israel Assistant/Associate Rector Washington, DC Cathedral Dean Boise, IDlast_img read more

Legacy income falls under Brexit ‘fog’

first_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Melanie May | 6 March 2019 | News Tagged with: legacies Advertisement Legacy income falls under Brexit ‘fog’center_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis12  180 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis12 Legacy income fell 2.3% among Legacy Foresight’s consortium members last year, it has revealed.Its latest Legacy Bulletin shows that its 80 Legacy Monitor members received £1.46 billion in legacy income in 2018, with an almost even split between those that experienced an increase, and those that saw a decrease, at 41 versus 39.Bequest numbers have also dropped over the last three quarters, with numbers now totalling 54,325 for 2018.Legacy Foresight puts the decline in growth down to a number of factors, including the ‘fog of Brexit’ continuing to hamper economic activity. It is warning that a no-deal Brexit could see legacy incomes drop to £1.2bn lower over the next five years than it would if a deal is reached.Other reasons identified for the decline are a slowdown in the growth of the number of deaths, which has resulted in a slowdown in bequests numbers, along with a slight change in the bequest ‘mix’, with residual numbers lagging cash gifts (pecuniaries).  179 total views,  2 views todaylast_img read more

USDA Announces February Income Over Feed Cost Margin Triggers Second 2019…

first_img USDA’s Farm Service Agency (FSA) announced this week that the February 2019 income over feed cost margin was $8.22 per hundredweight (cwt.), triggering the second payment for dairy producers who purchase the appropriate level of coverage under the new but yet-to-be established Dairy Margin Coverage (DMC) program.DMC, which replaces the Margin Protection Program for Dairy, is a voluntary risk management program for dairy producers that was authorized by the 2018 Farm Bill. DMC offers protection to dairy producers when the difference between the all milk price and the average feed cost (the margin) falls below a certain dollar amount selected by the producer.Sign up for DMC will open by mid-June of this year. At the time of sign up, producers who elect a DMC coverage level between $8.50 and $9.50 would be eligible for a payment for February 2019.For example, a dairy operation that chooses to enroll an established production history of 3 million pounds (30,000 cwt.) that elects the $9.50 coverage level on 95 percent of production would receive $3,040 for February.Sample calculation:$9.50 – $8.22 margin = $1.28 difference$1.28 x 95 percent of production x 2,500 cwt. (30,000 cwt./12) = $ 3,040DMC premiums are paid annually. The calculated annual premium for coverage at $9.50 on 95 percent of a 3-million-pound production history for this example would be $4,275.Sample calculation:3,000,000 x 95 percent = 2,850,000/100 = 28,500 cwt. x 0.150 premium fee = $4,275The dairy operation in the example calculation will pay $4,275 in total premium payments for all of 2019 and receive $6,626.25 in Dairy Margin Coverage payments for January and February combined. Additional payments will be made if calculated margins remain below the $9.50/cwt level.All participants are also required to pay an annual $100 administrative fee in addition to any premium, and payments will be subject to a 6.2% reduction to account for federal sequestration.Operations making a one-time election to participate in DMC through 2023 are eligible to receive a 25 percent discount on their premium for the existing margin coverage rates. For the example above, this would reduce the annual premium by $1,068.75.“The Dairy Margin Coverage program will provide an important financial safety net for dairy producers, helping them weather shifting milk and feed prices,” FSA Administrator Richard Fordyce said. “We continue to work diligently to implement the DMC program and other FSA programs authorized by the 2018 Farm Bill.”On December 20, 2018, President Trump signed into law the 2018 Farm Bill, which provides support, certainty and stability to our nation’s farmers, ranchers and land stewards by enhancing farm support programs, improving crop insurance, maintaining disaster programs and promoting and supporting voluntary conservation. FSA is committed to implementing these changes as quickly and effectively as possible, and today’s updates are part of meeting that goal.Additional details about DMC and other Farm Bill program changes can be found at farmers.gov/farmbill. Facebook Twitter SHARE By USDA Communications – Apr 18, 2019 Home Indiana Agriculture News USDA Announces February Income Over Feed Cost Margin Triggers Second 2019 Dairy… USDA Announces February Income Over Feed Cost Margin Triggers Second 2019 Dairy Safety Net Payment SHARE Previous articleThe Push to Pass USMCA as #MotorcadeForTrade Comes Through Indiana on the HAT Thursday Morning EditionNext articleU.S. Beef, Poultry and Egg Products Gain New Market Access in Tunisia USDA Communications Facebook Twitterlast_img read more

What To Do This Weekend in Pasadena

first_img Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * Top of the News Subscribe Community News First Heatwave Expected Next Week Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy More Cool Stuff 2 recommended0 commentsShareShareTweetSharePin it Make a commentcenter_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Here is our carefully culled top picks from dozens of Pasadena events – the very best things to taste, watch, listen to, and experience, all presented weekly in our e!Pasadena email newsletter: HerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeautyNutritional Strategies To Ease AnxietyHerbeautyHerbeautyHerbeautyVictoria’s Secret Model’s Tips For Looking Ultra SexyHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeauty Community News top box 5 What To Do This Weekend in Pasadena Published on Thursday, July 23, 2015 | 1:31 pm Name (required)  Mail (required) (not be published)  Website  faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business Newslast_img read more

Blood drive

first_img WhatsApp Twitter Blood drive Local News By Digital AIM Web Support – December 17, 2020 Twitter The Medical Center Health System has scheduled a Jingle Bell Blood Drive from 9 a.m. to 4 p.m. today. Vitalant buses will be parked on 5th Street, west of the Skybridge. Signup online at bloodhero.com or contact Susan Thornton at 432-640-2347 or email her at [email protected] Facebookcenter_img WhatsApp Facebook TAGS  Pinterest Previous articleLast-Minute Holiday Gift Ideas for Everyone on Your ListNext articleExhibition Digital AIM Web Support Pinterestlast_img read more

Report by Kinship Reveals Modern Pet Parents’ Concerns and Expectations

first_img Report by Kinship Reveals Modern Pet Parents’ Concerns and Expectations Previous articleEl vehículo de combate robótico Tipo-X de Milrem Robotics se expondrá en IDEX 2021Next articleJapan starts COVID-19 vaccinations with eye on Olympics Digital AIM Web Support Pinterest TAGS  Twitter By Digital AIM Web Support – February 17, 2021 71% of pet parents say they could not have survived 2020 without their pet Facebookcenter_img Local NewsBusiness WhatsApp Facebook Pinterest Twitter WhatsApplast_img read more