An Evaluation of Technical Analysis as a Marketing Tool for Farmers

The increased price volatility of the past decade has increased the importance of producer marketing strategies. With wide price ranges, producers now have more monetary incentive to attempt to store when prices are low, and incentive to attempt to sell when prices are high, than when price ranges were relatively narrow. Many farmers are seeking professional marketing advice, in attempts to improve their marketing information. A recent survey indicated that over 57 percent of farmers with sales over $100,000 subscribed to at least one market advisory service. This professional advice often includes technical analysis. However, from the producers\u27 perspective, the benefits and gains, and the problems and drawbacks of charting, have not been adequately studied. Few studies have considered the implications of producers dealing with both the futures market and the cash market. This study deals with this important distinction. Despite a lack of evidence, farmers are paying to receive technical analysis. from experts. One farmer oriented, professional charting service implies that using their charts will improve one\u27s trading proficiency by 10%-20%. Left unanswered is what benefit this is to a grain farmer who sells only two or three times per year. Other charting services make unsupported claims, too. One advertisement stated, Oats are very nice to trade technically. This commodity always goes where it is projected to go--even if only for one trade. The purpose of the study was to evaluate the usefulness of technical analysis for farmers, not futures market speculators. A major objective of this study was to examine the cash market prices that would have been paid or received if cash transactions had been made when futures market price charts signaled to buy or sell. The short-run forecasting accuracy of price chart formations was also analyzed. A second major objective was to analyze the results of three producer marketing strategies which use technical analysis. The first strategy compared hedging for short periods, to selling in the cash market. The goal of this test was to find the effective annual interest rate that a producer could obtain by hedging under certain conditions. The second strategy tested was graphing of the basis with moving averages. As the basis changed, the moving averages changed, causing buy and sell signals. The objective of this test was to evaluate the prices paid and received from this strategy\u27s signals, compared to the overall average price. The third strategy tested the usefulness of selective hedging. The objective was to evaluate the benefits and risks of selective hedging for producers

Forbidden oxygen lines at various nucleocentric distances in comets

To study the formation of the [OI] lines - i.e., 5577 A (the green line), 6300 A and 6364 A (the two red lines) - in the coma of comets and to determine the parent species of the oxygen atoms using the green to red-doublet emission intensity ratio (G/R ratio) and the lines velocity widths. We acquired at the ESO VLT high-resolution spectroscopic observations of comets C/2002 T7 (LINEAR), 73P-C/Schwassmann-Wachmann 3, 8P/Tuttle, and, 103P/Hartley 2 when they were close to the Earth (< 0.6 au). Using the observed spectra, we determined the intensities and the widths of the three [OI] lines. We have spatially extracted the spectra in order to achieve the best possible resolution of about 1-2", i.e., nucleocentric projected distances of 100 to 400 km depending on the geocentric distance of the comet. We have decontaminated the [OI] green line from C2 lines blends. It is found that the observed G/R ratio on all four comets varies as a function of nucleocentric projected distance. This is mainly due to the collisional quenching of O(1S) and O(1D) by water molecules in the inner coma. The observed green emission line width is about 2.5 km/s and decreases as the distance from the nucleus increases which can be explained by the varying contribution of CO2 to the O(1S) production in the innermost coma. The photodissociation of CO2 molecules seems to produce O(1S) closer to the nucleus while the water molecule forms all the O(1S) and O(1D) atoms beyond 1000 km. Thus we conclude that the main parent species producing O(1S) and O(1D) in the inner coma is not always the same. The observations have been interpreted in the framework of the coupled-chemistry-emission model of Bhardwaj & Raghuram (2012) and the upper limits of CO2 relative abundances are derived from the observed G/R ratios. Measuring the [OI] lines could indeed provide a new way to determine the CO2 relative abundance in comets.Comment: accepted for publication in A&A, the abstract is shortene

Demonstration of an automated CFD system for three-dimensional flow simulations

In this paper the capabilities of an automated CFD system which is currently available at NLR are demonstrated. Transonic flow around the AS28G wing/body configuration and hypersonic flow through a generic three-dimensional mixed-compression airbreathing inlet are simulated. An assessment of the level of automation of the current CFD-system is made. The problem-turnaround time lies within the order of a week for both applications

Classical, novel and atypical isoforms of PKC stimulate ANF- and TRE/AP-1-regulated-promoter activity in ventricular cardiomyocytes

Cultured neonatal rat ventricular myocytes were co-transfected with expression plasmids encoding protein kinase C (PKC) isoforms from each of the PKC subfamilies (classical PKC-α, novel PKC-ε or atypical PKC-ξ) together with an atrial natriuretic factor (ANF) reporter plasmid. Each PKC had been rendered constitutively active by a single Ala→Glu mutation or a small deletion in the inhibitory pseudosubstrate site. cPKC-α, nPKC-ε or aPKC-ξ expression plasmids each stimulated ANF-promoter activity and expression of a reporter gene under the control of a 12-O-tetradecanoylphorbol 13-acetate-response element (TRE). Upregulation of the ANF promoter is characteristic of the hypertrophic response in the heart ventricle and a TRE is present in the ANF promoter. Thus all subfamilies of PKC may have the potential to contribute to hypertrophic response in cardiomyocytes

Direct model predictive control: A theoretical and numerical analysis

This paper focuses on online control policies applied to power systems management. In this study, the power system problem is formulated as a stochastic decision process with large constrained action space, high stochasticity and dozens of state variables. Direct Model Predictive Control has previously been proposed to encompass a large class of stochastic decision making problems. It is a hybrid model which merges the properties of two different dynamic optimization methods, Model Predictive Control and Stochastic Dual Dynamic Programming. In this paper, we prove that Direct Model Predictive Control reaches an optimal policy for a wider class of decision processes than those solved by Model Predictive Control (suboptimal by nature), Stochastic Dynamic Programming (which needs a moderate size of state space) or Stochastic Dual Dynamic Programming (which requires convexity of Bellman values and a moderate complexity of the random value state). The algorithm is tested on a multiple-battery management problem and two hydroelectric problems. Direct Model Predictive Control clearly outperforms Model Predictive Control on the tested problems. © 2018 Power Systems Computation Conference

Aphia for a World Register of Marine Species (WoRMS)

An authoritative and global register of all marine species is urgently needed to facilitate biological data management and exchange, the integration of ecological and biodiversity data with non-biological ocean data, and to assist taxonomists in describing new species, revisions and correcting past nomenclatural confusion. The exercise of producing this list has added benefits in fostering collaboration between experts at a global scale and maintaining taxonomic expertise. Easy access to the register will allow local ecologists and biologists to use correct taxonomic names, and will encourage addition of overlooked species to the list. This will in turn stimulate a.o. biodiversity Species’(WoRMS) is the logical next step for ocean biodiversity informatics (OBI) to become an everyday and essential supporting infrastructure for the marine sciences, monitoring and environmental management. WoRMS is a standards based, quality controlled, expert validated, open-access infrastructure for research, education, and data and resource management. It builds on experience in developing the European Register of Marine Species and the Ocean Biogeographic Information System, and will collaborate with and contribute to the GBIF’s ECAT and planned Global Names Architecture, Species 2000, the Catalogue of Life, the Ocean Biogeographic Information System, the Encyclopaedia of Life, SeaLifeBase, IOC’s International Oceanographic Data and Information Exchange, and related initiatives. The Aphia database, developed and maintained by the Flanders Marine Institute (VLIZ), serves as the IT platform for WoRMS. Currently, well over 100 world leading taxonomists are contributing towards this World Register WoRMS webportal and all its functionalities, such as the web-based services and the online edit tool for the taxonomic experts. For further details see http://www.marinespecies.org

Microscopy assisted fabrication of a hydrogel-based microfluidic filter

A porous filter is fabricated directly inside a microfluidic circuit using a photoreticulable hydrogel. The filter could be used for separation of cells from blood, removal of particles or solutes, such as proteins, in microdialysis and microfiltering. The filter is realized by in situ polymerization approach: a liquid hydrogel is injected in a microfluidic circuit channel where the filter is formed in a specific location by polymerization of UV light, focused by an optical microscope