For those wondering - we have imported enough UCO so far in 2024 to replace/displace the oil from more than 332 million bushels of #soybeans (aka Minnesota’s entire 2024 crop)
Most Drought Since 2012 🔥
Areas in Drought Aug 1st:
🌽 Corn: 4%
🌱 Beans: 4%
Areas in Drought Today:
🌽 Corn: 76%
🌱 Beans: 68%
Massive change the past few months
Unfortunately for those wanting more competition in the N.A. nitrogen fertilizer space, regulators have allowed Koch to purchase the Weaver, IA plant.
The big 3 now own U.S. production capacity:
NH3 - 73.6%
Urea - 84.3%
UAN - 81.8%
https://t.co/pYIpM4URdA
NDVI scores for the 18 states that produce roughly 95% of the nation's #corn crop continue to see a composite score above the 2-year average, above the previous year, and above 2004,2009, & 2014, near the top of the 20-year range. #oatt
NASA shared this video showing carbon dioxide emissions moving through earth's atmosphere. The video was created by Supercomputers, using insane amounts of Data from satellites.
Disease Prediction Model most recent run. GLS risk increasing rapidly and is becoming much easier to find in fields. Tar Spot is picking up the pace as well.
Typically don't put in Southern Rust.... but Hurricane Beryl came ashore right where Southern Rust was a hot spot and will likely move spores into the corn belt. Same with Northern Corn Leaf Blight (NCLB).
Early planted fields in my area (prior to April 25th) are showing spray now in the Fungicide Timing program. Please visit with your Local Pioneer Sales Rep about your fungicide plan.
I considered moving out of the USA.
After some research, I realized leaving is stupid.
There is no chance the USA will stop being the global superpower.
And the best country for opportunity.
The reason surprised me:
⬇️
Who’s in the market for 1 or 2 48x12 GSI Grain Bins? 72,000 bushels. I’ve got 2 on the shelf. Duralock floors, LJI supports, 2 wind rings, U-trough unloads. Suretrack system ready to go as well. Guy backed out of them last year, they need to go. DM me
Tiger Woods and Rory McIlroy are launching a new indoor golf league — and I think it can be huge.
Here's why:
Overview
TGL is a new golf league started by Tiger Woods, Rory McIlroy, and Mike McCarley of TMRW Sports.
• 6 teams (3 PGA Tour players each)
• 18-hole golf matches every Monday night
Each match has a 2-hour time limit and takes place inside a 135,000-square-foot arena in Palm Beach, Florida.
The golfers will hit long-distance shots into a simulator the size of an IMAX screen before moving to a short-game area for chipping, bunker shots, and putting.
The venue will hold 1,500 to 2,000 people — and some of the world's best golfers have committed to play:
• Tiger Woods
• Rory McIlroy
• Jon Rahm
• Justin Thomas
• Collin Morikawa
• Matt Fitzpatrick
• Xander Schauffele
• Max Homa
But here's why it could actually work...
1. Equity alignment: TGL will be owned by four different groups: TMRW Sports (54%), the PGA TOUR (18%), the individual teams (18%), and the players (10%).
This structure aligns incentives across all major stakeholders and forces everyone to focus on growth.
(h/t @Sportico)
2. Celebrity investors: TMRW Sports & TGL have raised money from 50+ of the world's most popular athletes and celebrities.
• Josh Allen
• Steph Curry
• Shohei Ohtani
• Gareth Bale
• Arthur Blank
• David Blitzer
• John Henry
• Shaquille O’Neal
• Dwyane Wayne
• Kevin Durant
• Lewis Hamilton
• Tony Romo
• Justin Timberlake
• Sidney Crosby
• Justin Bieber
• DJ Khaled
• Macklemore
• Darius Rucker
• Alex Morgan
All of these investors have huge audiences and can make a meaningful difference in the growth of TGL.
3. Primetime Golf: TGL's season will run for 15 weeks from January to April 2024.
This is a perfect time because 1) they are only competing with NBA and NHL regular season games, 2) US sports fans are already trained to watch sports on Monday nights because of Monday Night Football, and 3) it will be the only golf event played in primetime (not midday).
4. Social & Gambling Content: All TGL players will be mic'd up during the matches, which has already proven to be successful with "The Match" Series (7 events so far).
Plus, TGL matches will have a gambling component, creating friendly banter that performs well on social media (Social impressions —> TV viewership).
4. TV Rights: TGL will get a good TV deal because 1) Tiger Woods is involved, 2) there is a lack of premium sports rights up for grabs (outside of the NBA), and 3) advertisers will pay a premium for the audience.
Remember: Tiger Woods doesn't move the needle; he is the needle. And my guess is that a current PGA Tour partner like NBC will pay up big to test the concept.
So the only big question remaining is whether traditional golf fans will enjoy indoor golf content enough to tune in every week.
But with TGL’s impressive list of owners (Woods & McIlroy), players (Woods, McIlroy, Rahm, Thomas, Morikawa, etc.), and investors (50+ celebrities with huge audiences), I certainly wouldn’t bet against them.
Ps. Today's podcast broke down the entire TGL business model and also included an exclusive interview with @alexisohanian, who (along with Serena and Venus Williams) just purchased the first TGL team.
Apple: https://t.co/wyITB1Gi86
Spotify: https://t.co/l16609F6P6
Enjoy!
“A full 84% of Iowa farm ground is owned debt-free, and increasingly owned by baby boomers, many of whom are non-farmers who like fixed cash-rent contracts and are highly unlikely to sell their ground to someone outside the family.” Going great… https://t.co/JYClKwmOWr
Warren Buffett is worth $100 Billion and is the most successful investor of all time. Here are his top 50 investing tips:
1) Be fearful when others are greedy and be greedy when others are fearful
2) Investing is laying out money now, to get more back in the future
🧵3-50:
The Masters is one of my favorite sporting events, and its 85+ year history brings some great traditions.
So here's a running list of the most interesting facts:
1. Media tickets (badges) have RFID tags inside them so the club knows where each person is at all times.