November 9, 2015
Bonhams, the auction house, is holding a scotch auction in New York on November 20th at beginning at 10:00am. A little early to drink in New York and London, but it is past 5:00pm in Hong Kong. – Smile!
Some really stunning bottles are being auctioned off including: –
Ardbeg Single Cask 1972
Distilled 27 Oct 1972, bottled 14 Oct 2004 by Ardbeg Distillery Limited.
Cask number 2780, Ping No. 1, bottle number 41 of 245. In presentation case. Good label. Level: into neck. 70 cl. Single malt, 51.4% volume
“There’ll be another scramble to Copenhagen when the world gets word of this one…sadly I didn’t get this until just after the last Bible went to press: as an October 2004 bottling this might have won Whisky of the Year, but we’ll never know! 51.4%. 245 bottles for Juuls Vinhande (Denmark). Rated 97. Jim Murray – Whisky Bible”
The Balvenie 50 Year Old 1952
In cask 26th January 1952, bottled 5th September 2002. Distilled & bottled by The Balvenie Distillery Company.
Cask 191. Bottle number 36 of 83. In wooden presentation case. Good label. Level: very top shoulder. 70 cl. Single malt, 45.1% volume
Bruichladdich 40 Year Old 1964
Distilled 22nd October 1964 by Bruichladdich Distillery.
Bottle number 152 of 550. Level: high shoulder. 700 ml. Single malt, 43.1% volume
The Macallan Millennium Decanter 50 Year Old 1949
Distilled January 1949, bottled August 1999 by The Macallan Distillers Ltd.
Caithness Glass, hand blown crystal decanter. In fitted wooden presentation case with copper-clad crystal stopper. Original shipping box. 700 ml. Single malt, 43% volume
Gary D’Urso, Bonhams, Specialist – Whisky, New York, United States
Tel: +1 917 206 1653
Fax: +1 212 644 9009
October 29, 2015
Greenshields Agri Holdings Plc
29 October 2015 MERGER ANNOUNCEMENT
Greenshields Agri announces merger with Agricultural Management Haddington.
Greenshields Agri, the rapidly growing agricultural company based in South East Scotland, and Agricultural Management Haddington (“AMH”), the East Lothian based farming and farm management company are pleased to announce that they have agreed terms to merge their farming businesses.
The merger will create one of the largest agricultural operations in the Northern Grain Belt and will create the critical mass to allow it to further develop its strategy of investment in the latest technology and machinery to provide existing and future customers with a strong and stable state-‐ of-‐the-‐art precision farming service.
The well-‐capitalised business will farm over 7,000 acres of good quality arable land from Edinburgh to Newcastle and will control over 18,000 metric tonnes of grain storage including 2 grain driers and weighbridges.
August 11, 2015
Corn and Soybean Pro Farmer Crop Condition Index (“CCI”) post modest gains…
When U.S. Department of Agriculture’s (“USDA”) weekly crop condition ratings are plugged into the weighted CCI’s (0 to 500 point scale, with 500 being perfect), the corn crop ticked another 0.59 points higher to 376.17. The soybean crop rose 1.3 points to 355.90 over the past week. Both of these ratings are down from year-ago levels when the corn crop had a 386.08 CCI rating and the soybean crop stood at 373.84.
August 9, 2015
Farmland values rise…Albeit at a Slowing Rate…
The value of all U.S. farm real estate, a measure of the value of all land and buildings on farms, rose 2.4% from 2014 to an average value of $3,020 per acre, according to U.S. Department of Agricultural (“USDA”). The U.S. cropland value increased 0.7%, to $4,130 per acre from the previous year. Pastureland value increased 2.3%, to $1,330 per acre. The increase in farmland value actually represents a deceleration from the 8.1% growth rate reported in 2014, the slowest pace since 2010.
Clearly since the financial crisis of 2008 the U.S. Government, the Federal Reserve, social activists and pundits have been preoccupied with the idea of “Too Big to Fail”. The U.S. government enacted the Dodd–Frank Wall Street Reform and Consumer Protection Act on July 10, 2010. As described by President Obama, this Act to change the U.S. financial regulatory system (and impact the global financial system) would be a “sweeping overhaul of the United States financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression”.
The greatest impact of Dodd-Frank on the marketplace has been the destruction/elimination of entrepreneurial. Instead of controlling those financial entities that are “too big to fail”, Dodd-Frank has enhanced their size, power and market competitiveness as compared to smaller entities. The regulatory framework which Dodd-Frank has put in place has all but limited entrepreneurial development of financial institutions, such as start up hedge funds or new start-up banking/financial institutions, The Dodd-Frank Act has not only increased the likelihood that a large entity will need to be protected from failing, but also that its failure will have a significant and systemic impact as these entities have become even more pervasive throughout American society and the economy.