Fall in deaths at work but serious injuries piling up

first_imgFall in deaths at work but serious injuries piling upOn 25 Nov 2003 in Personnel Today The number of workplace deaths in the UK has dropped. New figures published by the Health and Safety Commission (HSC) show that226 people were killed in work-related accidents in 2002-2003. This is 25 fewerthan the previous year. But the figures also show the number of major injuries increased slightly,with a total of 28,426, up 415. In all, 126,004 injuries caused people to have three or more days’ absencefrom work – 3,651 fewer than in 2001-2002, a drop of 2.4 per cent. HSC chairman Bill Callaghan said he was not surprised at the findings. “[The figures] confirm the size of the occupational health problems weface and that progress on reducing injuries has broadly reached aplateau,” he said. “I am disappointed that we have still not seen astep-change in health and safety performance.” The statistics show that the rate of reported major injury to employeesincreased in the agriculture, construction, manufacturing and services sectors,and fell in the utility supply sector. The most common cause of major injury to employees continues to be slippingand tripping, accounting for 37 per cent of all major injuries. Being struck by a moving or falling object accounted for 14 per cent ofmajor injuries to employees, falling from a height also accounted for 14 percent and being injured while handling, lifting or carrying objects accountedfor 12 per cent. “Successive falls in construction-related fatalities over the last twoyears are certainly welcome news,” said Callaghan. “But we must beconsistently seeing fewer deaths, fewer injuries and fewer assaults on people’shealth. “The enforcing authorities – the HSE and its local authority partners –cannot do it all. To deliver lasting improvements in health and safety, we musthave real commitment from industry, and from many other stakeholders aswell.” By Quentin Readewww.hse.gov.uk/statistics Related posts:No related photos. Comments are closed. Previous Article Next Articlelast_img read more

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Ramping up fight, Trump brandishes sanctions over ICC war crimes probe

first_imgTopics : “I have a message to many close allies around the world — your people could be next, especially those from NATO countries who fought terrorism in Afghanistan right alongside of us.”The court responded by stating that its president O-Gon Kwon “rejects measures taken against ICC,” calling them “unprecedented” and saying they “undermine our common endeavor to fight impunity and to ensure accountability for mass atrocities.”US Attorney General Bill Barr alleged, without giving detail, that Russia and other adversaries of the United States have been “manipulating” the court.Using Trump’s “America First” language, Barr said the administration was trying to bring accountability to a global body. President Donald Trump on Thursday authorized sanctions against any official at the International Criminal Court who investigates US troops, ramping up pressure to stop its case into alleged war crimes in Afghanistan.In an executive order, Trump said the United States would block US property and assets of anyone from The Hague-based tribunal involved in probing or prosecuting US troops.”We cannot — we will not — stand by as our people are threatened by a kangaroo court,” Secretary of State Mike Pompeo said in a statement to reporters. ‘Contempt’ for rule of law European Union foreign policy chief Josep Borrell voiced “serious concern” and said the court “must be respected and supported by all nations.”Dutch Foreign Minister Stef Blok said he was “very disturbed” by the US move, and said The Netherlands supported the court on its soil.”The ICC is crucial in the fight against impunity and upholding international rule of law,” Blok wrote on Twitter.Human Rights Watch said Trump’s order “demonstrates contempt for the global rule of law.” “This assault on the ICC is an effort to block victims of serious crimes whether in Afghanistan, Israel or Palestine from seeing justice,” said the group’s Washington director, Andrea Prasow.But the move was hailed by Israeli Prime Minister Benjamin Netanyahu, one of Trump’s closest allies, who has been angered by the ICC’s moves — strongly opposed by Washington — to probe alleged war crimes in the Palestinian territories.In a reference to Israeli settlements, Netanyahu accused the court of fabricating accusations that Jews living in their historical homeland constitutes a war crime.”This is ridiculous. Shame on them,” Netanyahu told reporters.Trump has been tearing down global institutions he sees as hindering his administration’s interests, recently ordering a pullout from the World Health Organization over its coronavirus response.center_img “This institution has become, in practice, little more than a political tool employed by unaccountable international elites,” he said. Long-running US angerThe Trump administration has been livid over the International Criminal Court’s investigation into atrocities in Afghanistan, America’s longest-running war.The administration last year revoked the US visa of the court’s chief prosecutor, Gambian-born Fatou Bensouda, to demand that she end the Afghanistan probe.But judges in March said the investigation could go ahead, overturning an initial rejection of Bensouda’s request.Under Trump’s order on Thursday, visa restrictions will be expanded to any court official involved in investigations into US forces.The United States argues that it has its own procedures in place to investigate accusations against troops.”We are committed to uncovering, and if possible holding people accountable, for their wrongdoing — any wrongdoing,” Barr said.Trump, however, used his executive powers last year to clear three military members over war crimes, including in Afghanistan.Among them was Eddie Gallagher, who had been convicted by a military tribunal of stabbing to death with a hunting knife a prisoner of war from the Islamic State group in Iraq.Gallagher had become a cause celebre among US conservatives, although Trump’s action troubled some in the US military.Founded in 2002, the International Criminal Court immediately ran into opposition from Washington, where the then administration of George W. Bush encouraged countries to shun it.Former president Barack Obama took a more cooperative approach with the court, but the United States remained outside of it.last_img read more

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SPORTS PERSONALITY Driven, dedicated, and disciplined young Aleka Persaud is blazing a trail in the pool.

first_imgTHIS week we look at another aspiring Olympian. A determined, dedicated and disciplined young lady with great prospects, who began shining as a national swimmer last year. She is young Aleka Persaud, a prolific swimmer with multiple age-group national records. Thus far, Persaud has performed only at the local and regional levels, but she has already proven that she is quite the force to be reckoned with. The only thing stopping her from being Guyana’s top female swimmer is time.After training since the age of three, Aleka burst to the fore last year at just nine years old and was Guyana’s most accomplished swimmer on the Goodwill Swim Meet team last year.Persaud landed her five gold and one silver medal; one of those gold medals was won in a record- breaking performance. She holds the 36.20 seconds record in the girls’ 8 and under 50m butterfly at the Goodwill Swim Meet.Aleka Persaud displays just a few of her many medals and trophiesAleka Persaud displays just a few of her many medals and trophiesThat performance followed remarkable local presentations, by Aleka last year, when she dominated the 8 and under category. Aleka holds all of the national records of the girls’ 8 and under category, and is currently blazing a trail in the 9 – 10 category.Many who have met this petite New Guyana School student is astounded by just how driven, and passionate she is about being a swimmer. She sets strategic goals that she wants to accomplish, times she wants to achieve, always looking out to better her own times.Despite her small size and age, she’s working wonders at balancing her training and her academics, so much so that she has even taken up doing taekwondo over the past year.“She’s small but she’s extremely strong for her age. She has the desire and the right attitude. She’s one of the most talented swimmers I’ve seen in a number of years, she has surpassed any other Guyanese swimmer in terms of her time, her attitude is head on, she wants to win, she goes out there to win, she works hard, she’s diligent, she just doesn’t give up,” said her coach Sean Baksh.Baksh says Aleka is just a natural, born swimmer.“And she’s well adapted for water,” he noted.Her dad, president of the Guyana Amateur Swimming Association (GASA), Ivan Persaud, says she is one competitive young lady.“She’s very competitive, she’s very serious about it,” Ivan commented.Now she has her sights set on being Guyana’s youngest Olympian. And she just might be if she makes Tokyo 2020, when she will be just 14 years old. Guyana’s youngest Olympian has been Britany van Lange, also a swimmer, who was just 16 years old when she represented Guyana at the 2012 London Olympics.last_img read more

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Next Viswanathan Anand in the making, 14-year-old Praggnanandhaa becomes second youngest chess player in…

first_imgImage Courtesy: TOI/Xtracon Chess OpenAdvertisement nhNBA Finals | Brooklyn Vsb2Wingsuit rodeo📽Sindre E890lg5( IG: @_aubreyfisher @imraino ) b8iuWould you ever consider trying this?😱ajcy3Can your students do this? 🌚3s1nhzRoller skating! Powered by Firework The game of chess has gifted us gigantic talents from its country of origin, notably K Sasikiran, Vidit Santosh Gujrathi, Tania Sachdev, Harikrishna, and of course, the one and only Vishwanathan Anand, the pride of India who has achieved every honour a chess player can dream of. Now, there’s a new legend in the making. Meet Rameshbabu Praggnanandhaa, the young teenager from Chennai who has just crossed 2600 Elo ratings!Advertisement Image Courtesy: TOI/Xtracon Chess OpenNamed after Arpad Elo, a Hungarian-American physics professor, Elo rating system is a method used to calculate the skill level of a player in chess. Praggnanandhaa, born on 10 August 2005, has achieved a monumental Elo rating of 2602 at a striking age of 14 years, 3 months and 26 days and is now the youngest Indian ever and the second youngest in the world to cross the 2600 mark.Nihal Sarin, his compatriot was the youngest Indian yet to achieve the feat last year, aged 14 years and 10 months at the time. The youngest chess player to ever achieve this feat is John M Burke from USA, who reached an Elo rating of 2601 mark September 2015 when he was only 14 years and 2 months old, who broke the previous world record set at the age of 14 years 5 months and 23 days by Wei Yi from China.Advertisement Now a chess prodigy, Praggnanandhaa defeated 24 year old French GM Jules Moussard in the seventh round at the 11th London Chess Classic – FIDE Open chess tournament 2019 on Thursday.Speaking to Sportstar, Praggnanandhaa said: “I was stuck in 2586 (Elo rating) for two years. I am happy I did it here. I didn’t think too much about it.”Advertisement After round 7, Praggnanandhaa is currently the leader with 6.5 followed by India’s Aravindh Chithambaram in second place with 6 points. They will face each other in Round 8.Praggnanandhaa won the 2013 World Youth Chess Championship Under-8 title at age 7, which granted him the title of FIDE Master. He also won the under-10 title in 2015 at the age of 9. In 2016, he became the youngest International Master in history at the age of 10, and earned his first grandmaster norm at the 2017 World Junior Chess Championship, and thus became the fourth youngest GM in history.Praggnanandhaa’s elder sister, Vaishali Rameshbabu, is a Women’s Grandmaster and a two-time youth chess champion. Advertisementlast_img read more

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Wheeldon keeps the Ice moving in right direction

first_imgBy Bruce Fuhr,The Nelson Daily Sports EditorAfter being the face of Nelson Leafs’ franchise for the past five years, Simon Wheeldon pictured himself spending time this coming hockey season in a rink, watching the game he so deeply loves.However, the plan had the former European hockey star taking a position in the stands and not behind the player’s bench.That all changed during the summer when it was rumoured the Kootenay Ice Major Midget Hockey team was close to extinction. Wheeldon couldn’t see that happening and decided to make a comeback as coach of the Ice.“I heard that B.C. Hockey couldn’t find a coach and was going to cancel the program,” Wheeldon told The Nelson Daily earlier this week. “So I called B.C. Hockey and asked if I could coach the team.”Of course Wheeldon had a vested interest in this decision. His son Adam Wheeldon had played on the team last season and was most likely going to be a part of the program again.But just as luck would have it Adam Wheeldon excelled during the junior training camp season, first in Trail at the tryout of the B.C. Hockey League Smokies, and, second the Kootenay International Junior Hockey League’s Nelson Leafs. The latter thought so highly of the younger Wheeldon the coaching staff made him one of the two 16-year-old players.“(Adam) worked very hard this summer, grew a little and had some good camps,” the elder Wheeldon explained.So Simon Wheeldon once again assumes the position as coach on the eve of the Major Midget season. “I’m really encouraged by the talent of this group, especially the first year kids,” Wheeldon said when asked about this year’s edition of the Ice.“The expectations I have is to see this group of kids develop into a hockey team, get better and see what happens in the league,” he adds. “The Ice has four Nelson Minor Hockey grads on the team — defencemen Matthew Carr and Joren Johnson and forwards Carsen Willans and Dryden Hunt. Hunt played last season at Notre Dame in Wilcox, Saskatchewan.While the rest of the BCMMHL opened the season, Kootenay Ice played a pair of exhibition games against the Okanagan Hockey Association in Nelson.The Ice opened the two-game set looking pretty good after dropping a 4-3 decision. Andy Miller from Trail and Hunt, with his first of two in the game, gave the Ice a 2-1 lead after one frame. The teams were tied at 3-3 after 40 minutes.OHA scored the only goal of the third period to steal the one-goal victory.In game two, Kootenay took on the chin losing 6-1. OHA took a 2-0 lead after the first period. Hunt cut the margin to 2-1. But the visitors struck for two goals within a minute during the second to put the game away.Kootenay opens the Major Midget season Saturday in Nanaimo against the North Island Silvertips. “This is by far the youngest team in the league,” said Wheeldon, faced with the fact that most high-level local players will play for a KIJHL team — which has four franchises within a 50-mile radius. “So this kids are going to have to learn to be resilient and mentally tough to compete in this league.”Last season, the Kootenay Ice, coached by Brent Petrick, had its most successful season finishing ninth with an 11-28-1 record.The Kootenay Ice is part of the 11-team BCMMHL. Most of the Ice players are from Nelson, Trail and Castlegar with a few from the East Kootenay and Midway.The first home game for the Ice is Saturday, October 2 when Kootenay plays host to the Okanagan Rockets at the NDCC [email protected]last_img read more

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Thompson, McPherson impress indoors

first_imgWorld Championships 200-metre silver medallist Elaine Thompson looked at home on her indoor debut, twice clocking 7.14 on a day that saw her finishing second to her Dutch rival Dafne Schippers in the 60m at the Glasgow Indoor Grand Prix at the Emirates Arena yesterday.Just like she did in the 200m final at the World Championships in Beijing last August, Schippers led Thompson to the line with a time of 7.10, with third place going to Ewa Swoboda (Poland), who clocked 7.15 seconds.Thompson’s run makes her the joint fastest Jamaican in the event so far this year along with Simone Facey, who also ran 7.14 earlier this month.Competing in her first individual indoor 400m race, Stephenie-Ann McPherson became the fastest Jamaican this year after posting 52.05 to win ahead of Seren Bundy-Davies (Great Britain), 52.10 and Lisanne De Witte of The Netherlands, 52.49.In the men’s 60m, Julian Forte ran 6.64 for fourth place in the heats before improving in the final to a personal best 6.63 and a sixth-place finish behind winner Sean Safo-Antwi (Great Britain), 6.56. Another Briton, Richard Kilty, the defending World Indoor champion, finished second in 6.57 with third place going to American Mike Rodgers, 6.60.Rusheen McDonald was sixth in the men’s 400m in 49.38 seconds. The win went to Pavel Maslak, 46.02, of the Czech Republic, who finished ahead of USA’s Calvin Smith, 46.45 and Great Britain’s Jarryd Dunn, 46.67.With the IAAF World Indoor Championships fast approaching and the Jamaica Athletics Administrative Association set to name their team this week, it’s left to be seen who will be available for the March 17-19 championships which takes place in Portland, USA.last_img read more

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Early Platypus Stuns Evolutionists

first_imgWith the possible exception of a monotreme tooth assumed to be 62 million years old, the oldest known platypus fossil was dated 15 million years old.  Now, a fossil from Australia reported in Science sets a new record: 112 million years old.1    “It’s really, really old for a monotreme,” Timothy Rowe of the University of Texas (UT), Austin, told the audience at a meeting of the Society of Vertebrate Paleontology last month in Austin, Texas.  How to fit this with the evolution of monotremes?That would push back the fossil record of the platypus quite a bit; the next youngest fossil is Obdurodon dicksoni from 15-million-year-old rocks in Australia.  It is also much older than current estimates from DNA of when platypuses and echidnas diverged from their most recent common ancestor.  Molecular clocks put that date somewhere between 17 million and 80 million years ago.  Rowe speculated that one reason for the underestimate may be that monotremes evolve at slower rates than other mammals do, an idea that fits with their lower diversity.1.  Erik Stokstad, “Jaw Shows Platypus Goes Way Back,” Science, 23 November 2007: Vol. 318. no. 5854, p. 1237, DOI: 10.1126/science.318.5854.1237a.Was this platypus a transitional form?  No.  Was it evolving from a simpler animal into a complex creature with a duck bill, poison spur, electrical sensing organ, webbed feet, fur and ability to lay eggs?  No – it was Darwin’s nightmare popping up way, way back in the record, over 100 million years earlier (in their own dating scheme) than the next clear platypus fossil.  Why not consider the obvious, that there was never any 113 million years between the two fossils?    According to evolutionary theory, most of the other mammals diversified into elephants, giraffes, lions and whales in far less time, but these Darwin-defying furry-duckmammals just lived on and on in their niche as if nothing else was going on in the world.  Rowe’s reply that they just evolved slower (and that lower diversity demonstrates this), should be seen not only as a gratuitous speculation, but as an escape from reality.    That’s it: Darwin was the prophet of Second Life, a virtual world where any fantasy you want to dream up can come true and be called science.  Whenever their virtual fantasyland has an internal conflict, they can always dream up virtual ways to resolve it.  Science needs to kick the habit and get back to the real world – literally, not virtually.(Visited 34 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

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A industria quimica na África do Sul

first_imgA industria quimica da África do Sul, incluindo combustivel, plasticos e produtos farmaceuticos, e a maior do seu genero em toda a África e foi classificada pelo governo como motor principal do crescimento economico.Domina o processo de fabrico na África do Sul, juntando mais valor acrescentado a economia do que qualquer outro sector e sendo responsavel por mais de metade dos empregos criados na teia de fabrico no seu conjunto.Por um lado, esta industria continua dominada pelas empresas nacionais, mas algumas multinacionais tem aqui os seus pontos de distribuiçao e varias delas envolveram-se com a manufactura local.SubsectoresA industria e dominada pelo sector quimico, cujos combustiveis liquidos, olefinas, diluentes organicos e derivados minerais industriais representam 31% da produçao de quimicos no pais.Os restantes 10 subsectores sao plasticos (cerca de 20%), produtos farmaceuticos (8%), quimicos inorganicos (8%), polimeros e borrachas (7%), quimicos organicos (6%), derivados de borracha (5%), formulados a granel (5%) e quimicos formulados de consumidor (5%) e quimicos puros funcionais e de especialidade (5%).Enquanto que estes tres sectores – combustiveis, quimicos formulados a granel e produtos farmaceuticos – tem maior saida do que se poderia esperar, atendendo ao volume geral da economia, a industria de quimicos da África do Sul e relativamente pequena em temos globais.Dos cerca de 80.000 tipos dos produtos basicos ou quimicos puros actualmente fabricados comecialmente no mundo, a África do Sul fabrica cerca de 300, a maioria dos quais sao valores cotados em bolsa (commodity), de baixo valor e de elevado volume.Estrategia do governoAs exportaçoes de quimicos da África do Sul tem vindo a aumentar, a uma taxa anual de 19% desde 1999, suportadas por novos acordos comerciais e mais competitividade, como resultado de baixos custos de fabrico e muitos minerios e produtos organicos para o fabrico. Os custos da energia sao relativamente baixos neste pais e o sector beneficia do acesso eficaz e o baixo preço da agua e da corrente electrica.Mas apesar disso, importa-se muito mais do que se exporta. O governo pretende colmatar este desequilibrio com a sua recente politica industrial, com a intençao de lançar as exportaçoes de valor acrescentado.A industria local esta direccionada para um sector internacional que e competitivo e tem negligenciado outro que tem grande potencial para se desenvolver.Inverter esta tendencia ajudaria a industria a aumentar o valor acrescentado, as exportaçoes e o emprego. A produçao a jusante tem um maior indice de mao-de-obra e abrange um maior numero de pequenas empresas.A beneficiaçao e a chave para esta estrategia. A África do Sul tem a vantagem natural das materias primas minerais, mas a maior parte delas sao exportadas em bruto. Ha no entanto bastantes oportunidades para transformar estes materais, recorrendo ao uso de mao-de-obra e de capital, em quimicos inorganicos de valor acrescentado para exportaçao.O governo e a industria estao tambem a colaborar no sentido de serem encontradas vias de exploraçao de recursos nao absorvidos, como as grandes reservas de fluorina.PlasticosA industria dos plasticos da África do Sul esta em boa forma, de acordo com uma recente entrevista na Engineering News, com muitos fabricantes a montante a produzirem produtos “que podem competir globalmente do ponto de vista de qualidade e desempenho.’As embalagens dominam, com mais de 50% do mercado nacional. A industria dos plasticos foi severamente atingida ha alguns anos atras com a introduçao do imposto sobre o saco de plastico, para limitar a poluiçao ambiental.Mas as perspectivas sao positivas e o governo identificou os plasticos como sendo um dos principais sectores que criam emprego.A produçao de polimeros e uma area em franca expansao. A África do Sul exporta “quantidades significativas de polimeros’, segundo a Federaçao dos Plasticos Sul Africana, mas importa ainda enormes quantidades de intermediarios de polimeros, como o polistireno, que nao sao fabricados aqui.A maioria das empresas dos plasticos na África do Sul sao pequenas, com mais de 800 empresas envolvidas no sector. Algumas tem tecnologia de ponta, como a Timber Plastics, que recicla residuos plasticos, garrafas de refrigerantes, por exemplo, moldando-as em formas estruturais, como colunas, tabuas e vigas.Tecnologias gas-para-liquidosA África do Sul e um dos lideres mundiais nas tecnologias do carvao e gas-para-liquido. Esta entre os produtos de menor custo do mundo para o etileno e o propileno, graças ao acesso abundante de carvao de baixor teor e tecnologia de ponta.Produtos farmaceuticosExistem boas oportunidades para os fabricantes de produtos farmaceuticos da África do Sul, com o governo a planear desenvolver a industria nacional e animar a produçao local de produtos farmaceuticos de maior procura, como os remedios antiretroviricos usados para tratar o HIV/SIDA.O governo tentara, por outro lado, apoiar o desenvolvimento de competencias cientificas e tecnologicas necessarias para apoiar o crescimento do sector.Preocupaçoes com o meio ambienteO sector quimico tem como um dos pontos fundamentais a protecçao do meio ambiente. A África do Sul foi o primeiro no mundo a adoptar normas para a sua politica de protecçao do meio ambiente, introduzindo regulamentos que promovessem a gestao emrpesarial ambiental e desse orientaçoes para a destruiçao de residuos perigosos.Este artigo foi actualizado em: Julho de 2008Reporter infoSA. Fontes (websites em lingua inglesa):Department of Trade and IndustryStatistics South AfricaChemical and Allied Industries’ AssociationSouth African Chemical InstituteCHEMISSAPlastics Federation of South AfricaEngineering NewsBusiness Daylast_img read more

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A barn full of Internationals and not a tractor in sight

first_imgShare Facebook Twitter Google + LinkedIn Pinterest I often find myself driving through rural Ohio and wondering what is hiding, purposefully or not, behind the rotted walls of centuries old barns in the countryside. There are surely stories those structures could tell and who knows what treasures that might lie within — most with more value of sentiment than monetary.But never judge a barn by its cover. That is a lesson that I recently learned in northwest Ohio as I made my way to a crop insurance meeting in early February.That is where a found an incredible collection of vintage International cars and trucks in a newer 100 by 160 barn, owned by Rich Kleinoeder.“I became friends with an International dealer and we started with one truck that we paid $1,000 for,” Kleinoeder said. “We have a hard time selling anything because we become attached to what we have bought over the years. They’re like our kids now.”The 60-car collection spans from the first International cars made in 1908 to the manufacturer’s last efforts with trucks in 1980. Now, they are all tucked away in a barn made just for them, with heated floors included for preservation.Among the relics is Kleinoeder’s pride and joy — an International Brass car.“This is one of only six left in the United States,” Kleinoeder said. “It was International’s last attempt to take the car market away from Henry Ford in the early 1900s. It was a little too fancy and a little too pricey, so they didn’t sell very well and International pointed their efforts to trucks after that.”There are even some movie stars in the group.“We have an International Metro truck that we took down to the Mansfield state prison and it was used in the movie ‘The Shawshank Redemption,’” Kleinoeder said. “Every once in a while the movie studios will call looking to use something we have here and we try to fit their bill.”The barn is almost to capacity, but that isn’t stopping Kleinoeder from adding to his rare assortment, although he is getting to be a little more picky.“We try to steer clear of pickups from the 50s and 60s because they have hydraulic brakes and they are not the easiest to work on,” Kleinoeder said. “Back in the teens the brakes were mechanical the trucks ran on a basic two-cylinder motor, so those are the ones we are looking for these days.”It truly was like stepping back in time and wondering, like I do with old barns, what great stories these machines had to tell. Thanks to this carefully maintained assortment of International vehicles in a 16,000 square foot time capsule, their stories continue. Rich Kleinoeder stands by his International Brass Car, a favorite at his museum.last_img read more

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Evalauting fixed costs on the farm

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The current farm economy landscape is affecting how farmers should look at fixed costs. As profit margins shrink and commodity prices go down, operations with high fixed costs could see prolonged periods of loss. Eventually, this can stress working capital and negatively impact operations if not adjusted quickly enough.Evan Hahn, Vice President Credit-Agribusiness with Farm Credit Mid-America says farmers should begin assessing their fixed costs situation.“Get the records straight. Having detailed, accurate farm records will help you make objective decisions,” Hahn said. “At Farm Credit, we encourage growers to keep an eye not only on their input costs but also on their fixed costs. This provides a fuller picture of operating costs and can help farmers determine if a fixed cost is positively or negatively affecting the bottom line.”What are two fixed costs farmers can look at right away?“This is an ideal time for farmers to analyze equipment utilization. Ask yourself: What equipment do I need to have? What is nice to have? And what am I not utilizing fully?,” Hahn said. “Land is another fixed cost that needs attention. When looking at land costs, begin with an honest assessment of the profitability of each acre. Land that doesn’t generate positive margins can stress an operation.”Armed with acre-by-acre numbers, Hahn says farmers will be better prepared to negotiate rental rates with landlords to ensure their operation remains profitable as commodity prices lower.AUDIO: The Ohio Ag Net’s Ty Higgins visits with Farm Credit Mid-America’s Evan Hahn about evaluating fixed costs on the farm.FCMA Financially Speaking Evan Hahn 4.10.17For more financial tips, insights and perspectives from Farm Credit Mid-America visit e-farmcredit.com/insightslast_img read more

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