Show September 24 2008 Millard County Commodity Comer "S So ends one of the roost stunning weeks in the history of our Republic Billions of dollars in bad loam and Jiy securities held by ins estment regional and localized banks essentially froze lending causing w idespread panic With everyone finally seeing the edge of a precipitous drop off reminiscent of the 1929 market collapse and the ensuing Great Depression along comes the in the form of the American cavalry taxpayer Don’t you feel at ease now that decades worth of extravagant living fraudulent lending practices and massive speculation has come to an end? An end that leaves trillions of dollars of an exorbitant society’s bad debt in your hands Now begins the socialization of the largest free market system in the history of the world If no one sees a problem with this aggressive course of federal action our constitutional republic is officially dead Next in line I guess we will have to make good the over 500 Trillion dollars worth of derivative risk held by institutions in and out of the US Thats right 500 Trillion Let's celebrate Grains: December corn fell this week despite last week's bullish USDA supply and demand report As of this writing December corn was up for the day to $5 44 bushel Down from a weekly high of $548 extreme volatility in financial markets pressured all commodities as traders worried that dire financial conditions would curtail otherwise strong demand for physical commodities including com Export sales have been weaker than expected w hich also looks to pressure prices near term That being said with harvest time getting close prices generally are the lowest of the year during the period of the largest supply w hich is harvest time December w heat fell this week from a weekly high of around $7 19 bushel to $691 bushel before rallying back to close the week at about $717 bushel Export sales continued to be strong as hard red wheat continued to be in stronger demand than its soft w heat counterpart Spring w heat also enjoys brisk demand as US high quality wheat as a whole looks to enjoy good demand going forward Iraq Bangladesh and Syria are all in the market for around 400000 tonnes of w heat from any origin Livestock: October Live Canle plummeted this week as weaker demand took a toll on prices October canle fell from a weekly high of $1 03 all the w ay down to $ 00 on Thursday only to rebound Friday and close at around $ 01 Traders have feared a weaker global and domestic economy as well as a stronger dollar could hurt beef sales Weekly export sales remained strong however coming in at 9900 tonnes compared to last weeks 6600 tonnes Weekly slaughter was weaker with 503000 compared to 510000 last week implying weaker packer demand Slaughter weights also where high at 853 lbs Compared to an average 833 lbs over the last 5 weeks which also limited prices October hogs saw stronger prices rising from a weekly low of $6580 to close the week at around $ 6845 The cash market has seen strength as of late implying prices have gone low enough to illicit stronger demand Slaughter numbers have been stronger lately showing better packer demand OilCas: October crude oil had an interesting week rising from a weekly low of $9051 all the way up to close the week at around $10450 barrel Oil w as sold off on economic woes only to reverse course on news of a massive govt bailout to finish the week with a strong rally Views that the economic crisis has been averted which will spur stronger demand as well as escalating tensions in Nigeria were blamed for the rally in crude Nigerian militants have reduced Nigerian oil output by 280000 barrels per day igniting renewed fears of global supply October Unleaded Gasoline rose this week as an increase in demand may be in the works if the economy can find some footing October futures rose from a weekly low of $238 gallon to close at around $260 'gallon on supply worries This weeks gasoline stocks report also showed a large decrease in gasoline supply down to record lows Decreased refinery operating rates also worried traders and looks to firm up gasoline prices going forward Equities had a historically volatile week plunging to lows StocksEquities: of 10459 as the greatest crisis since the 1929 crash shook financial markets to the core only to rebound to a weekly high of 11551 on news the “mother of all bailouts" was taking shape Thats a one week range of over 1000 points to cap off one of the most exciting market weeks in history Government officials crafted a plan to buy bad mortgage debt and other toxic assets from banks and distressed corporations so they can square away their balance sheets and resume lending and other operations Apparently investors liked the idea and poured money into equity markets It remains to be seen what effect up to trillion dollars of bad debt taken over by the federal government will have on the value of the US dollar as the US government's total liability will quickly soar to over 0 Trillion dollars Add in a little bit of the 80 trillion of derivatives risk (Bear Steams alone had over 13 trillion) still in thUS and its anyones guess when the number may end up wl MaJ Page Progress T c Gblf 'The Tee Box’ - TraJerAmifyst TIjJ c ) Kramer from St George with a score of 110 The Net division winners were Duane Robinson and Vance Gadd from Nephi witha score of 964 2nd place was Rhett Kimball (Delta) and Bryce Slygowski (Ely) with a score of 968 Tie for 3rd and 4th Gary Walker Turner (Cedar City) and Oki (Salt l Rick Lake) with a score of 974 5th place was Kent Bradford (Cedar City) and Dave Bradford (Spanish Fork) with a score of 979 and 6th place was Dale Josse (Holden) and Roger Zeeman (Delta) with a score of 98 No matter how much cats fight there always seems to be Abraham Lincoln plenty of kittens 2008 Utah Youth Asthma Report Has Tips to Help Students A new Utah Department of Health (UDOH) report outlines the impact of asthma on children as they head back to school this fall The Utah Youth or Asthma Report shows that 89 children in Utah ages about 76000 0 to 17 are currently under medical care for asthma It also details the total numbers of emergency room visits and hospitalizations due to serious asthma events among children “One unique aspect of this report is that much of the information is from Utah students who have asthma" says Becca Jorgensen of the UDOH Asthma Program “We’re getting insight into how the disease affects them from their personal experiences and points of view" Sections of the report focus on middle- - and high students and how asthma impacts their participation in school activities One in five (205) middle school students with asthma reports the disease limits their activities at least once a week and 225 say they miss school one or more days a month with a severe - episode Among high school students with asthma 172 percent report activity limitation and 156 report missing school because of their asthma “Students with asthma shouldn’t be on the sidelines when it comes to participating in school activities” said Jorgensen “With the right treatment students with asthma can stay active just like anyone else" While there is no cure for asthma if it’s managed properly children can join in school activities Families should talk about their students’ difficulties with their physicians and work with them to manage symptoms UDOH asthma experts encourage parents schools and children with asthma to take preventive measures for a smooth transition as students head back to class: Complete a form and turn it in to the School Nurse or office The form allows children who are capable to carry and use their inhalers at school 2 Ask your doctor for a written Asthma Action Plan - an individual guide that indicates what things to avoid and what to do in an emergency or during an asthma attack 3 Encourage your student’s PE teachers and coaches to complete the "Winning with Asthma” online educational program at www Cherry Creek Rides planned With the ATV riding season neanng an end the Sand Rock RidgeRiders are event for October planning a 24 and 25 Friday evening there w ill be a short ride beginning at 4:30 pm and then a hot dog roast Club members are asked to bring potluck items to go with the hog dogs as well as bring their own drinks The evening w ill no doubt include great stories around the campfire with ATV friends To get to the planned camping spot turn west at Jericho Junction where it leaves Highway 6 to go to Little Sahara Recreation Area This junction is located about 32 miles north of Delta or 16 miles south of Eureka Coming from Nephi follow State Highway 132 west turning off left onto another paved road at about 15 miles Watch for the sign that says “Little Sahara Recreation Area” and follow it Then travel about 12 miles straight west to the intersection w ith Highway 6 Set your trip meter here at Jericho Junction At 45 miles west of the main Jericho Junction intersection there is another junction Go straight ahead (Don’t turn left It would take you to the Little Sahara Recreation Area headquarters ) At 70 miles the oil ends continue on At 95 miles there is a “Y” in the road just after Go straight ahead a cattleguard actually slightly to the right (The left hand road is the old Weiss Highway 6 to Callao) Continue on to mile w here the group will camp on the right side of the road in the cedars Watch for Sand Rock RidgeRider signs along the way This camping spot will also be the staging area for the rides On Saturday rides will leave this spot at 10 am fur a day's riding in the Sheep Rock Mountains Two rides will be offered 1 - Sherry Shepard Sand Rock RidgeRiders President and Reid of the Fishlake National Forest EQUIPMENT 1 QUALITY Public Lands Day Project The Sand Rock RidgeRiders ATV Club participated in National Public Lands Day w ith a garbage pick up nde along the Gooseberry Trail System of the Great Western Trail on Saturday September 20 Riders met at the Gooseberry for a prize draw ing Trailhead off as a thank you from the Fishlake National Forest for their days work Max Reid of the forest service met them there to deliv er the prizes as well as offer his thanks The nearly three dozen club members divided into two groups traveling in different directions to cover more of the country They were happy to report that a minimun of garbage w as The Kodak ride will be led by Robert Grygla and will include some interesting scenery with great There are old mining overlooks sites along the trail and old farm machinery as well as some really fun are riding In this area not restricted but there are some tight spots between and under trees that may be a problem The other ride led by Billy Shepard is definitely for the more technically skilled and not for machines or those riding double It includes rough rocky loose steep ups 795 South Main Phone - found along the trail a testament to riders take seriously their duty to keep the trails clean The groups also enjoyed some beautiful autumn colors especially in some ureas like the trail just south of Maple Springs and around Gates Lake Other places have not yet taken on their fall colors Another week or two will make a huge difference Following the rule members enjoyed a cold drink of pop courtesy of the club and visiting to recap the day’s activ ities Thanks to all w ho helped It is one of the pick up garbage ways the club uses as pay back for the privilege of enjoying the public trails the w ay ATV the and dow ns A small group area and one of the most experienced of the group described one section by putting his hands on his hips and saying "Oh Crap!" That pretty well describes what to expect If any members are interested in guiding next year or have ideas about where to go please contact Robert Grygla or Sherry Shepard a s a p It is hoped that rides can be scheduled by the Christmas Party so that a 2IMI9 schedule can be given to everyone at that time the Stingf out of Advertising costs otg yiltogfguUAsthrua Check your child's medical charts to ensure their flu shots are GREENLINE fi EQUIPMENT T Asthma is one of the leading causes of school absenteeism for children in the United States and often causes repeated episodes of wheezing breathlessness chest tightness and coughing that can interrupt daily life For more information about asthma and for the full Utah Youth Asthma Report visit http:healthutahgov asthma or call 90 North 400 East Delta 864-385- 1 GFF Sm How Cn HTp You Advertise Millard County Chronicle Progress COfciUUNITYLOYALTY Max Fake All mnm OREENUNE 9 Back to School With Asthma: 4 Gary Porter by TodJ Mullen 27 The RC Automotive Hole Golf Tournament held at Sunset View Golf Course was an excellent success with 34 teams from all over the state The Gross division winners were Dave Fowles (Mesquite) and Jordan Fowles (Delta) with a score of 100 2nd place was Shawn Glover and Afa Vasi from Cedar City with a score of 101 3rd place was Bruce Bailey (St George) and Dave Bailey (Manti) with a score of 08 Tie 4th and 5th was Dean Fowles(Delta)-DouFowles(Delta) Brewer and Jack (Fillmore) with a score of 109 and 6th place was Mike Sandberg and Ryan Chronicle in-sto- ck INTEGRITY CARING Nephi Utah Fax 1 Napa inventory Attention Greenline Customers: Effective October 1 2008 the Delta store will be moving to Nephi We will set up a parts drop location at the IFA in Delta A second location will be set up at Batman Mosida Farms in Lynndyl Phil Nielson’s old place We will continue to deliver Gold Star parts and service to our customers in Delta Please contact Jason Stefanoff in the Delta store or any of the staff in the Nephi store with any questions or iii T concerns Delta - Nephi n John Deere Solid - Stable - Still John Deere if ©®py Does not include special order items Special order items will be regular retail price |