Showing posts with label Agriculture_2017. Show all posts
Showing posts with label Agriculture_2017. Show all posts

Friday, November 10, 2017

Friday , November 10, 2017 -- Frack Sand And Texas -- RBN Energy

Veterans Day activities.  Father - daughter, both vets.


The flight jacket: when one separates from the Air Force certain "issued" items are to be returned. After I qualified for flight status, I reported to "wherever it was" on Grand Forks AFB to be issued  my flight gear. The jacket I was issued was "used," previously worn by a Major Baird according to the indelible ink entry on the inside of the jacket. That was in 1982, and my inaugural flight with this jacket was an all-night, eight-hour, low-level training run through the Rocky Mountains in a B-52. I wore that jacket almost daily for the next 25 years. It is still in the very same condition as it was when it was issued to me (with the exception of a few loose threads). The cloth, elastic cuffs are not a bit worn. For whatever reason, the Air Force never asked for any of my issued items back when I retired in 2007. I was issued 6 sets of flight suits, or thereabouts, and still have all of them. To the best of my knowledge, those were the only flight suits I was ever issued. Despite 25 years of wearing them, they still look brand new.

I learned in the Air Force to never go anywhere without a book to read. Often electronic gizmos (like iPhones) were not allowed but books were never an issue. The military is well known for it's "hurry up and wait" culture. Books make the waiting a lot less irritating.

By the way, when a line seemed to move very, very slowly, if I pulled out a book, all of a sudden the line began to move very quickly. My assumption is that the commanding officer did not like folks enjoying their "time off" by reading a book. "Standing in line" in the Air Force was never all that irritating for me; I found it was one place I could relax.

I read a lot of books while in the Air Force. 


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Back To Business

Making America great: Trump - China deal means China will be buying Montana beef
Montana has scored a $200 million dollar deal to sell its beef on the Chinese market, one that will come with an up-to-$100 million investment in a processing plant In its state.
The deal between JD.com, one of China’s largest retailers, and the Montana Stockgrowers Association was announced Wednesday — even as the Donald Trump administration is in Beijing negotiating a separate deal it said is worth as much as $9 billion.
Under the memorandum of understanding, JD.com has agreed to purchase a minimum of $200 million of Montana-sourced beef over a three-year period from Montana Stockgrowers Association members. The retailer will also invest up to $100 million in a processing plant in Montana to support the beef production.
Active rigs:

$57.2011/10/201711/10/201611/10/201511/10/201411/10/2013
Active Rigs523866192182

RBN Energy: major changes afoot in sand use, supply and prices.
In the past year, there have been major changes in the frac sand sector. Exploration and production companies in the Permian and other growing areas have significantly ramped up the volume of sand they use in well completions, catching high-quality sand suppliers in the Upper Midwest off-guard and spurring sharply higher frac sand prices due to the tight supply.
At the same time, development of regional sand resources has taken off in the Permian — with close to 20 mines announced with upwards of 60 million tons/year of nameplate capacity possible — and, to a lesser extent, in the SCOOP/STACK, Haynesville and the Eagle Ford.
That new capacity should begin easing sand-supply shortfalls next year, reducing sand delivered costs and potentially threatening the dominance of traditional Northern White sand. And more changes are ahead in 2018. 
Frac sand is critically important, not only in Shale Era hydrocarbon production, but in production economics. Production in shale plays is founded on a combination of horizontal drilling and the use of proppant (primarily natural sand, but also a bit of ceramics and resin-coated sand) that, when forced out of the horizontal portion of wells at high pressure (using water and other fluids), fractures openings in the surrounding shale. When the pressure is released, the fractures attempt to close but the proppant contained in the fluids keeps them open, making a ready path for oil, gas and NGLs to flow into the well bore.

Monday, October 30, 2017

Making North Dakota Great -- October 30, 2017

This is a great story. Skyscrapers on the prairie.

From myndnow:
A new skyscraper on the North Dakota prairie is just about finished - and it only took a week to take shape.
The structure rises up from the farmland near Lansford - thanks to 24-hour-a-day pouring of concrete for several days.
CHS-SunPrairie's operations manager says the new 83 North Project will be able to load 110 rail cars at a time and will take some pressure off the company's Mohall location.
The building has been growing at a rate of around 20 feet per day - with concrete being pumped around the clock to slowly build up the walls of the six silos and main structure.

The new elevator is expected to be in operation by late spring and will join Minot, Bowbells, and Mohall as sites as shuttle load facilities for the CHS-SunPrairie.
Great video at the link. 

Sunday, April 23, 2017

North Dakota Wheat Being Loaded Unto Incheon Bay, April 23, 2017



Incheon Bay: name of ship
Owner: Pacific Basin (Hong Kong)
Crew: Chinese
Maiden voyage: March, 2017 - April, 2017
Departed:  Shimanami Shipyard [Japan] (where it was built)
First port of call: Portland, OR
Cargo: US wheat (including wheat from North Dakota; quality testing in Williston, ND)
Destination: Chile
Video taken: afternoon of Saturday, April 23, 2017
Track ship here.
Current position here.

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Saturday, April 15, 2017

A Quiet Saturday Morning; ND Agricultural Stocks Way Up -- April 15, 2017

My mother's hometown newspaper wins a Pulitzer Prize, and is featured in today's WSJ.

Growing up, we spent almost every summer in Storm Lake, Iowa, for a one- to two-week vacation, with our maternal grandparents. Looking back, I am amazed that my dad could afford to take that much time away from work. It was also quite impressive how much the grandparents did to make this an incredible vacation for a family (the grandparents as well as our family) with very little money. My grandparents rented a very, very nice house on Twin Lakes, I believe, where we spent a full week of swimming. It was quite incredible. Many great memories.

Some years later, while attending Augustana College, Sioux Falls, SD, I hitchhiked to Storm Lake over Thanksgiving break. It was there that I completed an incredibly difficult quantitative chemistry exam. It was peaceful, quiet, a wonderful break from college. It's amazing the amount of hitchhiking I did back then, including a two or three trips "cross-country" -- from west coast to North Dakota, or North Dakota to east coast.

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The Bakken

Active rigs:


4/15/201704/15/201604/15/201504/15/201404/15/2013
Active Rigs512991183186

Commodities: along with oil, it appears a number of other North Dakota commodities are well above normal. From The San Luis Obispo Tribune:
  • all wheat: 206 million bushels, up 3% year-over-year
  • total durum wheat: up 52%
  • corn stocks: 306 million bushels, up 53%
  • soybean stocks: 62 million bushes, up 61%
  • others: sunflower stocks up; barley and oats stocks were down
And, of course, the recent report that North Dakota is #1 in honey production, well ahead of whatever state is in second place.

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The Physics Page

The other day I made some notes from Gino Segre's Ordinary Geniuses but I was unable to find what I was really looking for. It was a library book so I couldn't write notes in the margins and I had failed to put a "yellow post-it" note to mark it. I've been reading and re-reading the book but I finally found it, beginning on page 181:
Alpher, Gamow, and Herman's work created a big stir in 1948, but it was quickly criticized for not delivering what it had promised: a successful proposal for how to synthesize atomic nuclei. It seemed to explain why the universe is composed overwhelmingly of hydrogen and helium, but it stumbled in tryint to show how all the other nuclei are produced. The reason for why it failed is simple. Starting out with a universe rich in neutrons and protons, it is relatively easy to form a helium nucleus (two neutrons and two protons), while a hydrogen nucleus (nothing but a single proton) is there from the start. But reaching nuclei past hydrogen and helium requires an intermediate state that is simply not present.
There are no stable nuclei having a total of either five or eight nucleons (protons and neutrons), and without them, one cannot go beyond hydrogen and helium in the early universe. 
A proton or a neutron can collide with a helium nucleus, but the resulting combination (1+4 = 5) will break up before providing a stepping-stone to larger nuclei; the same is true for an encounter between two helium nuclei (4+4 = 8). The former combination requires a stable nucleus with five protons and neutrons, and the latter, one with eight.
Neither exists. 
Nor can one imagine three nuclei coming together at once, too unlikely an event in a rapidly expanding universe.
In plain language, it seemed easy to create hydrogen and helium, but impossible to go beyond that

Thursday, March 23, 2017

The Energy And Market Page, T+62 -- March 23, 2017

Late-Morning Trading

After being down at the opening and flat most of the morning, all of a sudden the market is up 53 points. Is this the first indication that the US House might have the votes for the RyanTrumpHealthCareBill? Now up 67 points (10:15 a.m. Central Time).

WTI: about 25 cents below $48.

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Original Post
 
Top story for the day: North Dakota continues to lead in honey production -- 13th consecutive year -- no contest, see chart below. Peak honey? What peak honey? Data points:
  • ND producers with five or more colonies made almost 38 million pounds, up 4% from previous year
  • 485,000 honey-producing colonies: average yield up four pounds to 78 pounds per colony
  • prices about the same: $1.73 (2016) vs $1.80 (2015)
Futures: holding steady despite incredible headwinds, including recent terrorist attack in Great Britain. In the "old" days these things really spooked traders.

Fargo-Moorhead population growth: continues to grow; closing in on 240,000.

Oil patch job fair: sounds like it was an overwhelming success.

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Honey Production

By state, from Bee Culture, 2015 data: ND, SD, MT, FL, MN, CA. 


Monday, December 19, 2016

Reason #47 Why I Love To Blog -- Back To Bowman And Cattle -- December 19, 2016

Two days ago I posted a link about the upcoming Bowman, ND, livestock auction, scheduled for January 9, 2017. It's a big, big deal.

It was such a big deal that I actually sent a note to a WSJ staff reporter suggesting an idea for the Journal.

Lo and behold, completely independent of that note, the WSJ has an article on livestock auctions. Incredible. It was apparently posted by WSJ a couple of days ago, but it's in the print edition today.

The article begins:
Unruly trading of cattle futures is leading to a revival of live auctions, as ranchers look to bring robust pricing data to the market and guide understanding of supply and demand in their industry.
Cattlemen trade futures, or contracts to buy or sell cattle at a given price on a future date, as a form of insurance on their borrowings to feed hundreds or thousands of animals at a time.
In the past year, values of cattle futures contracts have swung wildly, from near-record highs to six-year lows. A nearly one-third drop in the price of cattle futures through the fall of 2016 has slashed ranch incomes and prompted investigations into the source of the volatility.
Background:
The lack of public bartering and price transparency in the cattle industry is one major source of the market’s problems.
At present, the predominant way of selling cattle is via private production contracts between feedyards and the four big U.S. meatpackers. So-called formula contracts price cattle ahead of sale based on the benchmark price independent cattlemen will get in the cash market, plus or minus premiums and discounts.
So where does that lead us?
Some feedyard operators now are experimenting with live auctions, returning to doing business in an open cash market. They want to generate new public price information and slow the supply of previously committed cattle to slaughter each week.
And, that, of course, takes us back to the Bowman, ND, livestock auction, January 9, 2017.