US Options – Hardouin http://hardouin.info/ Wed, 23 Nov 2022 18:40:13 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 Colorado Springs shooting: The suspect in the Colorado Springs LGBTQ club shooting is expected to appear in court today as prosecutors work to finalize formal charges https://hardouin.info/colorado-springs-shooting-the-suspect-in-the-colorado-springs-lgbtq-club-shooting-is-expected-to-appear-in-court-today-as-prosecutors-work-to-finalize-formal-charges/ Wed, 23 Nov 2022 18:04:00 +0000 https://hardouin.info/colorado-springs-shooting-the-suspect-in-the-colorado-springs-lgbtq-club-shooting-is-expected-to-appear-in-court-today-as-prosecutors-work-to-finalize-formal-charges/



CNN

The 22 years old accused of committing a mass shooting at an LGBTQ nightclub in Colorado Springs, Colorado over the weekend, he is due in court on Wednesday for the first time since the attack that left five people dead and more than a dozen injured.

Anderson Lee Aldrich is expected to attend the initial hearing via video link from the El Paso County Jail.

The hearing will include “notice of arrest charges as well as notice of bail conditions,” according to Colorado’s Fourth Judicial District Attorney Michael Allen.

Aldrich should be held without bail, Allen added.

Preliminary charges include five counts of first-degree murder and five counts of bias-motivated felony — otherwise known as hate crime — causing bodily harm, according to the El Paso County Court’s online filing.

Formal charges can be expected in about 10 days, Allen said.

Ahead of the hearing, Aldrich’s attorneys filed a court filing stating that the suspect identifies himself as non binary.

“They use them-them pronouns and, for the purposes of all official filings, will be treated as Mx. Aldrich,” the court document reads.

The Public Defender’s Office represents Aldrich and declined all requests for comment, citing office policy.

As the investigation and court process continue, survivors and loved ones of those killed process feelings of shock and grief after a fun night of drag and dance performances turned violent at Club Q, a venue known as a safe space for the LGBTQ community.

The United States has recorded more than 600 mass shootings so far this year, according to the archive of gun violencewhich, like CNN, defines such incidents as those with at least four dead or injured, not including the shooter.

Daniel Aston, Raymond Green Vance, Kelly Loving, Ashley Paugh and Derrick Rump were killed in attack at Club Q – some while working a Saturday night shift and others while enjoying the night’s events. At least 19 other people were injured, most of them by gunfire, police said.

Aldrich entered the nightclub just before midnight armed with an AR-style weapon and a handgun and immediately began shooting, police said.

“Based on the number of shots that were first fired when he walked into the club, I honestly thought there were multiple people shooting,” clubber Gil Rodriguez told CNN on Monday.

The suspect was quickly arrested and restrained by two patrons until police arrived, which officials say likely prevented more people from being killed or injured.

Richard Fierro, an army veteran who celebrated his birthday at the club with his family and friends, tackled Aldrich to the ground and used the suspect’s handgun to hit them repeatedly, Fierro told CNN. Another person jumped in to help and pushed the rifle out of Aldrich’s reach, Fierro said.

Shortly after, Aldrich was arrested and hospitalized. On Tuesday, the suspect was transferred at the El Paso County Jail.

While the murder charges will offer the longest sentencing options, Allen said he expects more charges on top of those.

“Colorado has bias crime laws, which most people understand as hate crimes. We are certainly looking into that, based on the facts involved in this case,” Allen said. “And if there is evidence to charge him, we will charge them as well.”

Additional threatening charges are also possible, Colorado Attorney General Phil Weiser said.

“Every single person that was there at Club Q is a victim of some crime or another,” Weiser told CNN on Tuesday.

“It’s really important that we are able to honor the victims and be able to call this crime for what it really seems to be, which is a hate crime motivated by who people were,” said he added.

As authorities try to determine the motive for the shooting, new information has come to light about the suspect’s upbringing and questions have been raised about why previous charges against Aldrich were dropped.

Aldrich was born as Nicholas Brink and legally changed his name in 2015.

That same year, Aldrich was cyberbullied on a parody website that features photos of Aldrich and uses offensive slurs to mock the then-teen’s weight and accuse Aldrich of engaging in illegal activities. , according to a emergent portrait of the alleged shooter pieced together by CNN.

The page, which was first reported by The Washington Post, is still active.

According to a relative, the suspect’s primary caretaker was his grandmother, who declined CNN’s interview request. Aldrich found himself under his supervision when their mother grappled with a series of arrests and related mental health evaluations, according to court records and an interview with a family member.

Laura Voepel, Aldrich’s mother, called police last year and reported that Aldrich had entered the Colorado Springs home she was renting a room in and threatened her with a pipe bomb.

Video from 2021 appears to show suspect shooting at Colorado club ranting at police

Video obtained by CNN showed Aldrich apparently denouncing the police during the incident and daring them to enter the house.

“I’ve got f**king sh*theads outside, look at this, they’ve got a pearl on me,” Aldrich says on the video, pointing the camera at a window with blinds covering it. “See that right there? The f**king sh*theads pulled out their f**king guns.

Later in the video, Aldrich says, “If they rape, I’ll fuck him in hell.”

The video ends with Aldrich delivering what appears to be a message to law enforcement outside: “So, uh, go ahead and get in, boys! Let’s fucking see it!”

The video does not actually show any officers outside the house, and it is unclear from the video if Aldrich had any weapons in the house.

Several hours after the initial police call, the local Sheriff’s Department Crisis Bargaining Unit was able to get Aldrich out of the house. Authorities did not find any explosives in the home, the El Paso County Sheriff’s Office said.

Police Chief Adrian Vasquez provides an update on the investigation into the Club Q shooting Monday at the Police Operations Center in Colorado Springs, Colorado.

Aldrich was arrested and jailed in El Paso County Jail on two counts of threatening felony and three counts of first-degree kidnapping, according to a press release 2021 from the sheriff’s office.

It was not immediately clear how the case of the bomb threat was solved; the Colorado Springs Gazette reported that the district attorney’s office said no formal charges were filed in the case. The district attorney’s office did not respond to a CNN request for comment.

Aldrich purchased the two guns brought to Club Q on Saturday night, law enforcement sources told CNN this week. But it is not clear if the AR style rifle and a handgun were purchased before or after the 2021 case.

Aldrich’s arrest in connection with the bomb threat would not have appeared in background checks because the case never went to trial, the charges were dropped and the records were sealed. It is unclear what prompted the sealing of the records.

With the shooting occurring days before Thanksgiving, some families planning holiday gatherings are now reeling from the violence.

Daniel Aston, Kelly Loving, Ashely Paugh, Derrick Rump and Raymond Green Vance

Here are the five people who died in the Club Q shooting

“We are a grieving city, but we are a recovering city,” Mayor John Suthers told CNN on Tuesday. “The only message we need to convey is that the actions of this isolated individual: … do not define our community. What should define our community is how we respond to it.

Residents, survivors and loved ones of victims supported each other through vigils, ceremonies and financial contributions, Suthers said.

“(Club Q) was really a safe haven, and we want to make sure that kind of thing continues to exist in the future,” Suthers said.

A Thanksgiving dinner for the LGBTQ community – previously held at Club Q – will instead be held at the CNN-affiliated Metropolitan Pikes Peak Community Church. KRDO reported.

Jason Plata, a church official, called Thursday’s dinner a space “to break bread with each other and to be able to remember our friends that we’ve lost and some of our friends who are still fighting.” “.

A survivor named Anthony, who declined to give his surname, said “the community is strong and we will get through this”, but he no longer feels safe.

“I will be uncomfortable going anywhere for a long time,” Anthony told a news conference while still hospitalized on Tuesday. KRDO reported.

When asked what he would say to the accused shooter, Anthony replied that he would tell Aldrich, “Why don’t you meet someone and get to know their true heart before passing judgment? ”

The suspect, Anthony said, “has hurt a lot of pure and sincere hearts, and I don’t know if they will ever be the same.”

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USA and England start group play, Qatar lose https://hardouin.info/usa-and-england-start-group-play-qatar-lose/ Sun, 20 Nov 2022 19:00:00 +0000 https://hardouin.info/usa-and-england-start-group-play-qatar-lose/

The World Cup has kicked off in Qatar, after years of waiting, and ESPN has you covered for the world’s biggest sporting event.

We saw the opening ceremony, pre-game speeches, and musical acts (yes, that was BTS there!). We saw the first goal disallowed by VAR at the World Cup (kudos Enner Valencia for answering that trivial question) and we also saw the first goals allowed at the World Cup (again, congratulations to Enner Valencia, whose two goals gave Ecuador a win over hosts Qatar.)

Be sure to check in with ESPN throughout the tournament as we bring the latest news from Qatar. Let’s go.

– World Cup news, features, previews and more
– Stream FC Daily and Futbol Americas on ESPN+


Lead: the United States! UNITED STATES! UNITED STATES!

The Group B match begins early Monday morning as England take on Iran at Khalifa International Stadium (8 a.m. ET), but it’s just the appetizer to a delicious main course as the United States begin their tournament against Gareth Bale and Wales at the Al Rayyan Stadium. (2 p.m. ET).

For the USMNT, it is imperative that they get off to a good start as England await their second group match. Wales offer plenty of threat through their talisman, Gareth Bale – who made some notable cameos during LAFC’s run to the 2022 MLS Cup this season – but the United claim their full star squad, led by Christian Pulisic, and will be keen to catch up on what they missed at Russia 2018. (We will not mention Couva. We won’t mention Couva.)

Tyler Adams was named captain, making him the youngest U.S. skipper at a World Cup since Harry Keough in 1950, and they were lucky to avoid major injuries in pre-tournament preparation, which we can’t say about France (Karim Benzema was sent off on Saturday), Senegal (Sadio Mane was sent off on Thursday) or Belgium (striker Romelu Lukaku is already absent for his first group game). USA also received some good news in the form of defender Sergino Dest and midfielder Weston McKennie who have undergone fitness tests to face Wales.

They also received a timely message from home, courtesy of US Soccer, ahead of their first game…

Before the match, Sam Borden met the man responsible for the team’s food in Doha, while Luis Miguel Echegaray spoke to fantastic striker Tim Weah about his footballing roots and what this World Cup means to him . Coach Gregg Berhalter believes his team ‘can beat anyone’ in Qatar… so he will be tested by the Welsh on Monday. No pressure then!!


News and Notes

  • Host country Qatar suffered a 2-0 defeat to Ecuador in the World Cup opener, with bizarre scenes of home fans leaving en masse long before the final whistle to leave a largely pro-Ecuador environment for much of the second half. We covered the surrealism of day one as well as the Qatar national team’s poor performance in what was essentially their first match for global audiences. Meanwhile, Ecuadorian fans were caught chanting ‘we want beer’ as Qatari fans left early.

  • Is this a sign of overcrowding and logistical problems to come? The official World Cup fan zone at Al Bidda was so overwhelmed with fans trying to get in that it closed access. The venue has an advertised capacity of 40,000 people, but security services were forced to push fans away as they approached the various entry points, reports Tom Hamilton.

  • England captain Harry Kane has told the media he will always wear the ‘OneLove’ armband despite reported threats of a fine and yellow card at kick-off as various European teams battle with FIFA over rights toll of the man from the host country. Says Kane, “I think we’ve made it clear as a team, as a staff and as an organization that we want to wear the armband…I think we’ve made it clear that we want to wear it.”

  • Before their match against England, Iranian defender Ehsan Hajsafi was the first member of The Meli team show apparent support for anti-government protests in his country. “They have to know that we are with them. And we support them. And we sympathize with them on the conditions. We have to accept that the conditions in our country are not good and our people are not happy,” he said. he added. “We are here, but that doesn’t mean we shouldn’t be their voice or that we shouldn’t respect them.”

  • Brazil are one of the first to lift the trophy in Qatar, but who will play in Thursday’s Group G game against Serbia? Right now it’s all about misdirection. “We have no idea who the starting XI is: we are curious to know what the coach will decide and the competition is fierce to secure a place,” defender Alex Sandro said on Sunday.


Today’s best tracks

Mark Ogden enjoyed Qatar v Ecuador at a sports bar in Doha, while Tom Hamilton soaked up the sights and sounds of the crowded fan zone.

to play

0:51

Mark Ogden shares his experience of watching the World Cup opener from a bar in Doha.

Ten injured stars forced to miss World Cup
Ballon d’Or 2022 Karim Benzema was the latest superstar to be ruled out with injury since the teams were finalised. Who else is missing?


what’s tomorrow

– England vs Iran (Group B, 8 a.m. ET): The Three Lions have been the ultimate ‘almost there’ team in recent years, finishing fourth at the 2018 World Cup and then second at the European Championships. What can they accomplish this time around? If you’ve heard their new anthem (well, the latest version of their familiar refrain), then ‘Football is coming home for Christmas’, but they’ll have to start strong against an Iranian team that won’t show any fear.

– Senegal vs Netherlands (Group A, 11 a.m. ET): We assume both of these teams will qualify for the Round of 16, but Ecuador’s victory over Qatar means a decisive result for one team here could mean death for the other. Cody Gakpo is likely to play the role of playmaker in the Dutch attack, and with good reason – read our profile of the next big transfer target here – as Senegal try to find a way to replace injured talisman Mane, who was ruled. out of the World Cup on Thursday.

– USA vs Wales (Group B, 2 p.m. ET): What more can be said? The pressure is on Berhalter & Co. to meet the giddy hype at home with three points against a Wales side who might be tougher than they look.


What else caught our eye

We had our first use of VAR at the World Cup as Enner Valencia’s third-minute goal – which would have been the fastest ever goal in a World Cup opener – and Dale Johnson was on hand to explain why the call was made.

to play

1:25

Dale Johnson explains why Ecuador saw a goal disallowed in puzzling circumstances in the World Cup opener against Qatar.


Your best bets (odds via Caesars Sportsbook)

Take a look at how to bet on football matches as ESPN contributors Paul Carr, Dan Thomas and Dalen Cuff give you key tips on odds, options and futures.

Here’s what we have for the first two matchdays.

GROUP A

Netherlands (-160) v Senegal (+500), Draw +255

Cuff: The Netherlands are looking much better than Euro 2020 just over 15 months ago. Nope Sadio Mane is a dagger for Senegal. I think the Dutch will come out with a bang, I will take 2.5 goals (+115).

Carr: I’m staying away from this one now that Mane is out, but that +500 price tag on Senegal is certainly tempting for a side that’s still on the defensive end.

Thomas: I think it could be a tight deal. I don’t know where the goals will come from on either side. I would take the least in this one. Netherlands 1-0 Senegal.

GROUP B

England (-290) v Iran (+1000), Draw +340

Carr: Can I bet less for each game in this group? Maybe not, but I like under 2.5 goals here (-150). Iran have conceded five goals in 14 qualifiers and allowed just one goal each to Spain and Portugal four years ago. England’s three group games at Euros last year had a total of two goals, so until Gareth Southgate indicates he will use all of England’s attacking talent I’m going with the less in England games.

Cuff: I will continue to say, I am bleaching England. That said, their defensive approach against an inferior opponent will lead to a win, but without much style and maybe just a goal scored. There’s not a lot of value here, and I don’t like this game, but I’d pick England to win at zero (-128).

Thomas: I don’t have much hope that England can go far in this tournament. However, given the weakness of the teams around them in the group, I think they will qualify easily, starting with a comfortable victory against Iran in the opener. Harry Kane scoring anytime (-110) feels like a layup. England 3-0 Iran.

USA (+160) v Wales (+200), draw +190

Carr: I hope that’s not my American bias creeping in, but the United States simply have more attacking options than Wales, highlighted by a quartet of quality wingers (Christian Pulisic, Brenden Aaronson, John Reina, Timothee Weah). Because of that and the not as good as you think Wales defense which allowed 1.2 expected goals per game in qualifying, I’m going with US Draw No Bet at -135.

Cuff: Bias warning! It’s been eight years since we last saw the United States in a World Cup game. I can see that this score is low. The young attacking talent hasn’t come together in his last friendlies. Wales are not a dynamic attacking team, relying on the brilliance of Gareth Bale or cross looking for Kieffer Moorethe head. There is no value in subgames where both teams do not score. The unbiased move is probably Draw +190 or even Wales Draw No Bet +105. But no emotional hurdle here – US wins (+160).

Thomas: I know I don’t sell it very well. But I fancy a 0-0 draw here.

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A path to securing Equity Link debtor-in-possession financing https://hardouin.info/a-path-to-securing-equity-link-debtor-in-possession-financing/ Fri, 18 Nov 2022 09:04:09 +0000 https://hardouin.info/a-path-to-securing-equity-link-debtor-in-possession-financing/

The primary catalyst for most Chapter 11 bankruptcy filings is an impending lack of cash. Debtor-in-possession financing, which keeps a business running, is often the most critical and contentious issue presented to a court at the start of a bankruptcy case.

In exchange for the risk of providing liquidity to a bankrupt company, DIP lenders receive, among other things, priority over existing debt and other claims. The courts frequently approve this type of financing.

In what is a more common trend, DIP lenders seek the opportunity to participate in post-reorganization debtors’ equity at the start of the deal through the granting of equity. Recent decisions offer guidance on the types of equity-linked DIP financing that bankruptcy courts are likely to approve.

How it works

Cash-strapped debtors are encouraged to accept equity-linked DIP financing, as this may reduce the cash payment elements of financing. From the lender’s perspective, this provides an opportunity to participate in debtors’ potentially lucrative capital after the reorganization.

However, post-reorganization equity provided to DIP lenders may reduce recovery for creditors by taking equity that might otherwise be available to those creditors or investors paying cash for equity.

Equity-linked DIP financing is not new.

For example, in 2009 equity-linked DIP financings were approved in the bankruptcy cases of General Growth Partners and ION Media Networksand more recently in 2020 in Avianca and AeroMexico. And on November 2, Phoenix Servicesthe U.S. Bankruptcy Court for the District of Delaware has approved uncontested equity-linked DIP financing.

Litigation Trends

However, not all equity-linked DIP financing is created equal. One that provides a simple conversion of the DIP facility provides flexibility and value to debtors when formulating a reorganization plan. As seen in recent examples, equity-linked DIP financing with options to convert at a discount to the plan’s equity value can limit obligors’ flexibility in proposing a plan.

For example, the United States Bankruptcy Court for the Southern District of New York in LATAM declined to approve DIP financing with an equity conversion at a discount to plan value. However, the same court of SAS in September 2022, approved a similar share conversion despite the “apprehensions.”

Judge James L. Garrity, in refusing to approve the LATAM agreement, highlighted specific concerns regarding the DIP’s stock conversion feature. He said the discount was untested in the market, debtors could make the choice without judicial review, and the election dictated the key terms of any plan through such an allowance.

DIP financing was later revised to remove the stock conversion feature and approved.

In perhaps the most aggressive equity-linked DIP financing offered, DIP lenders in SAS researched both conversion and tag options for post-reorganization equity.

The call/conversion option was for approximately $700 million of outstanding DIP loans at a strike price of the total business value after the reorganization (the underlying stock value) of 3 .2 billion. If the total value exceeded $3.2 billion, DIP lenders would be entitled to convert their DIP loans at a discount.

The tag option allowed DIP lenders to purchase up to 30% of the post-reorganization shares issued under a plan at the same valuation as other investors. Notably, the conversion and beacon options were terminable at the debtor’s option, but required the payment of substantial termination fees.

The court was clearly troubled by the prospect of allocating a specified percentage of post-reorganization equity outside of the plan process.

Judge Michael Wiles, echoing Garrity in LATAMsaid “decisions regarding the issuance of shares in reorganized debtors should be reserved for the plan process and noted that he had ‘categorically denied’ such terms in previous cases”.

Wiles expressed concern not only about the conversion and tag options, but also what his decision might mean for future cases and opening a Pandora’s box. He said that “if we have learned anything during the administration of the Bankruptcy Code, it is that if we open a door through a crack in one case, the door opens more and more in the following cases”.

Despite his apprehensions, he approved DIP funding with conversion and tag options. He noted the similarities with the DIP funding rejected in LATAM¸ and said he would have many questions about legal and economic principles if any party raised an objection.

Outlook

These cases and decisions provide guidance for equity-linked DIP financings. We can say with some degree of confidence that a DIP financing with conversion into shares at the valuation of the plan will be favorably received by the courts.

However, the more aggressive equity-linked DIP financings, such as those that include a rebate to plan value, may be decided depending on the circumstances of the case and whether the parties with an economic interest in the case contest the DIP financing. At least one court seems to invite such an objection.

This article does not necessarily reflect the views of Bloomberg Industry Group, Inc., publisher of Bloomberg Law and Bloomberg Tax, or its owners.

Write for us: guidelines for authors

Author Information

Andrew Minear is a partner in the Restructuring and Insolvency department of Fried Frank.

Adam L. Shiff is a restructuring and insolvency partner residing at Fried Frank. His practice focuses on all aspects of restructuring, bankruptcy, insolvency and related litigation.

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How a Meatless Icon Served Thanksgiving Feasts in the 1980s https://hardouin.info/how-a-meatless-icon-served-thanksgiving-feasts-in-the-1980s/ Mon, 14 Nov 2022 21:32:08 +0000 https://hardouin.info/how-a-meatless-icon-served-thanksgiving-feasts-in-the-1980s/

In 1982, Mickey Hornick and Jo Kaucher leaf through The pleasure of cooking while standing in the small Lakeview kitchen at Chicago dinner which has served thousands of vegans and curious vegans in Chicago and across the country.

Kaucher, trained in what was called “natural cooking” in the jargon of the time (think: The Enchanted Broccoli Forest and lots of sprouts) was tasked with developing and tweaking the recipes, and Hornick, owner and founder of the Chicago Diner, sampled and provided feedback. Hornick had health issues that forced him to adjust his diet and was new to vegetarianism when he came up with the idea of ​​opening a restaurant. “I needed a place to eat,” he said evenly.

Hornick and Kaucher would eventually marry in 2003, but in 1982 they were just beginning to found what would become one of the nation’s most iconic vegetarian institutions and one of Chicago’s most enduring restaurants. The restaurant is vegetarian, although it caters to the vegan community where it is considered a mainstay. Committed to regional and seasonal produce long before “locavore” was a word, let alone a movement, Hornick and Kaucher’s challenge came in persuading diners expecting restaurant steaks to try and enjoy plant-based versions of comfort foods.

Using The pleasure of cooking as a starting point, the couple dove into the process of creating what would become their annual Thanksgiving meal when they opened the restaurant in 1983. Hornick borrowed, hustled and saved for the initial money needed to open the restaurant, using a vintage bar from a recently closed restaurant as the first counter; a mirror, found in the alley behind the restaurant, was attached to the wall behind the counter. A couple of local hippies skilled in carpentry built the stalls and every penny was pushed to the limit. Hornick personally went to farmers markets to buy all the affordable fresh produce and also delivered cakes himself to their wholesale customers. For the first 20 years, they didn’t know if the Diner would survive every winter.

And with the Diner’s 40th anniversary approaching in 2023, Hornick seems to be as surprised by its longevity and success as anyone. “I was so scared we were going to fail, I spent opening day with butterflies in my stomach, not wanting to open,” Hornick said. “We opened anyway and it was packed. One way or another, we made it.

Compared to the rest of the country, when the Diner opened its doors, the dining landscape in Chicago was far different, the city standing on the unceded traditional lands of the Council of Three Fires – an alliance of primarily Ojibwe nations. , the Odawa and the Potawatomi. Before there was the concept of Ivy League grads disrupting things in Silicon Valley, before Turtle Island Foods launched its legendary Tofurky roastery in 1995there was a scruffy little independent restaurant in the Chicago neighborhood then known as Boystown that was not only poised to expand the meaning of “comfort food,” but to begin to change the attitudes of the former butcher of pork in the world by going animal-free products on the most sacrosanct of American holidays: Thanksgiving.

But Hornick and Kaucher eventually learned that even the town made famous by Upton Sinclair The jungle had room for their shameless herbivorous interpretations of classic dishes. The Diner’s holiday entree menu has evolved over the years from stuffed acorn squash and pumpkin ravioli to the more traditional center dishes it offers today for their Thanksgiving. Chicago Diner’s signature Wellington, a flaky, buttery puff pastry filled with sautéed seitan, mushrooms and mixed vegetables and served with a shiitake demi-glace, is a main course for any Thanksgiving table, as is the hearty roast of stuffed vegetables – a roulade with herb stuffing filling a roll of smooth, seasoned tofu. These are classics that people return to year after year. More recently, with the growing demand for gluten-free options, Chicago Diner offered a savory mushroom lentil bread with white truffle sauce.

“We want to provide something delicious for everyone,” says Michael Hornick, the founder’s nephew, who started in the kitchen with Kaucher and is now the restaurant’s president and partner. “Mickey and Jo remember the days when there was nothing for vegetarians, let alone vegans. We want everyone to be included at the holiday table.

Everything on the holiday menu, from main dishes to sides like Mac ‘n Teese, with dairy-free cheese from Chicago Vegan Foods (also the makers of the ice cream behind the Diner’s award-winning milkshakes), as well as jalapeno corn fritters and desserts like Walnut Carrot Cake and Chocolate Pumpkin Cheesecake, are vegan. There are also gluten-free options in every category of the Thanksgiving menu.

While the Diner is an institution these days, visited by everyone from the late film critic Roger Ebert, who was a regular, to Lady Gaga, the first few days were a stressful learning curve. Hornick lacked experience as a restaurateur (he also had a crush on his chef). This led to sometimes complicated, hectic and stressful Thanksgiving dinner services. During the early years of in-person Thanksgiving dining, the Diner sold out seating for 56 people every two hours until closing with more than 200 people served that day. Many customers also showed up to order takeout, which overwhelmed both kitchens and staff. The freshman, exhausted from cooking all day and running up and down the stairs with take-out orders, Kaucher remembers saying the kitchen was officially closed for take-out orders after their last session. Hornick, however, wanted to continue. They bickered on the steps before the situation resolved itself. (They ran out of food).

“We had to interrupt people, but I didn’t want to,” Hornick said. “I wanted to sell more.”

Today, the Diner, now with a second location in Logan Square, is one of the oldest vegetarian restaurants in the United States. Kaucher also passed the torch. Over the past 10 years, chef José Martinez has adapted classic recipes created by Kaucher for modern and more globally influenced palates, adding a white truffle mushroom sauce to elevate his famous lentil bread and a specialty of rich, vegetarian season of mole negro enchiladas.

“I can’t believe how much veganism, from restaurants to products, has exploded,” says Kaucher. “I’d like to take credit for it, but I can’t. We were the first to adopt. Don’t call us pioneers,” she laughs. “I can’t stand this.”

These days, with his nephew running day-to-day business and operations, Hornick and Kaucher enjoy Thanksgiving away from the stresses of the kitchen and restaurant. Some things, however, remain the same, including their Thanksgiving meal. “I usually have the Wellington,” says Hornick, “and Jo has the Stuffed Vegetable Roast and she’ll do some sides too. It is our tradition.

When asked if she misses the hustle and bustle of a busy holiday season in a restaurant kitchen, Hornick says she does miss the stress, but seeing customers line up outside is still a joy. when he enters. like Thanksgiving, the adrenaline comes back,” he admits.

“Meatless since 1983,” he says, repeating the Diner’s slogan. “That’s pretty cool.”

Chicago Diner reheat and eat thanksgiving meals can be ordered until 6 p.m. on Sunday, November 20 for collection on Wednesday, November 23.

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Clayton Kershaw and the Dodgers agree to negotiate https://hardouin.info/clayton-kershaw-and-the-dodgers-agree-to-negotiate/ Fri, 11 Nov 2022 21:53:54 +0000 https://hardouin.info/clayton-kershaw-and-the-dodgers-agree-to-negotiate/

LOS ANGELES– Clayton Kershaw and the Dodgers wasted no time as the likely Hall of Famer will return for a 16th season as both teams move closer to a one-year deal, sources told MLB.com Thursday.

The terms of the agreement are still under discussion. The club haven’t confirmed the transfer.

The Dodgers did not extend Kershaw a qualifying offer before Thursday’s deadline, but president of baseball operations Andrew Friedman made it clear that bringing back the southpaw was “a priority” for the team this offseason. Hours into free agency, Kershaw’s free agency ended.

“Things feel better in the world when Kershaw wears a Dodgers uniform,” Friedman said at general manager meetings in Las Vegas. “That’s how it is with us, but we couldn’t respect him and Ellen more, going through this process.”

Last winter, Kershaw’s future was much more uncertain. Kershaw didn’t pick up a baseball until January after finishing the season on the injured list with a forearm injury. His three options were to play for the Dodgers, join the Rangers to stay close to his family, or retire in case his forearm didn’t heal as well as he hoped.

Before the end of the 2022 season, Kershaw confirmed that he wanted to play at least one more season. He will sign one-year contracts for the rest of his career, keeping his options open. There was a chance he could sign with the Rangers, but with the way the Dodgers played during the regular season, Kershaw wanted to come back.

The Dodgers did not offer Kershaw a qualifying offer because they did not want to rush his decision. But Kershaw was ready to be back with the Dodgers, the only place he’s known as a big leaguer. Once Kershaw takes the mound next season, he will become the second Dodger to pitch 16 seasons with the organization, joining Hall of Famer Don Sutton, who also played parts of 16 seasons in Los Angeles.

Kershaw was one of the most efficient pitchers in the National League last season, going 12-3 and having a 2.28 ERA in 22 starts. He made his ninth All-Star team and started the Midsummer Classic for the first time in his career at Dodger Stadium. The southpaw missed two months with two back injuries, something Kershaw will have to watch for the rest of his career.

Adding Kershaw so early in the offseason gives the Dodgers more freedom over what their starting situation will look like next season. Julio Urías, Dustin May and Tony Gonsolin are the other three starters in the rotation. Ryan Pepiot, Michael Grove, Gavin Stone and Bobby Miller will all serve as depth options.

Friedman said adding the tee shot was “very” high on the agenda. They acted quickly and Kershaw is staying home for at least one more season.

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Why Spaniard Luis Enrique will be in demand after the World Cup https://hardouin.info/why-spaniard-luis-enrique-will-be-in-demand-after-the-world-cup/ Wed, 09 Nov 2022 01:51:11 +0000 https://hardouin.info/why-spaniard-luis-enrique-will-be-in-demand-after-the-world-cup/

When Luis Enrique announces his Spain squad for the World Cup on Friday, the footballing world will be preparing for it. This determined, Teflon-resistant man likes to defy people’s expectations and lives to thwart his many enemies. We’re talking about someone who draws strength from criticism and controversy, like the cartoon character Popeye who built up his muscles after drinking a can of spinach.

So when the Spanish coach reads out the 26 names chosen, everyone will be on the edge of their seat as to whether the brilliant but injury-plagued Ansu Fatileft out of the last squad, will travel to Qatar, be it the 36-year-old Spanish coach and defender Sergio Ramos have reconciled, and whether he will infuriate Real Sociedad by risking taking Mikel Oyarzabal while the striker hasn’t played since March?

But there will be another thrill in total, which should intrigue you if you are interested in the future of Atletico Madrid, Barcelona, ​​PSG, Manchester City, Liverpool or any of the elite clubs. vanguards of Europe. Because this could easily be the last team from Spain that ‘Lucho’ announces.

– Stream on ESPN+: LaLiga, Bundesliga, MLS, more (US)

Given how superbly he did while being in charge of La Roja – Euro 2020 semi-finalists, 2021 Nations League runners-up, once again in the last four of the 2023 Nations League semi-final next June – and with relatively limited resources there is will have many fans and observers across Spain hoping that this is not the start of a long goodbye. But the fact remains that this talented, motivated and aggressive 52-year-old is out of contract with the Spanish FA at the end of the World Cup.

All attempts to renew his agreement have so far been rebuffed. Already the drums of Spanish football are beating the message that Atleti are very tempted to try to cope with the diminishing returns of Diego Simeone’s regime by asking Luis Enrique if he considers a return to club football when he is finished his work in Qatar.

It all came to a head a few days ago, when former Real Madrid, Valencia and national team goalkeeper Santiago Canizares said on the radio: “Perhaps the best thing for ‘Cholo’ [Simeone] and Atletico want their paths to go their separate ways – so as not to stagnate. They haven’t played good football for a few seasons. One name comes to mind, with the character to manage Atleti, and that’s Luis Enrique.”

Also, I know a La Liga-winning European Cup finalist with a great Barca past who thinks that if Luis Enrique looks set to return to club football, then Barcelona president Joan Laporta would have a serious dilemma over whether to watch such an iconic Camp Nou player and coach strengthen one of his enemies, or strike first by re-hiring him instead.

The counterpoint at the moment is that the Spanish coach enjoys a very attractive lifestyle: quality time with family in his Mediterranean village, the ability to pursue his almost obsessive drive to stay fit, lean, healthy healthy and competitive, balanced with bursts of intense football activity. which allow him to devote all his energy to a project without the daily, weekly and monthly wear and tear that all top club coaches suffer from.

However, his Spain side – heavily dependent on the overplayed Barcelona midfielder and under pressure from Gavi, Sergio Busquets and Pedri – play against Costa Rica, Germany and Japan in a group in Qatar, the fact is that there is a very attractive “safety net” opportunity to win a trophy as early as June against Croatia, Italy or the Netherlands in the UEFA Nations League next year.

It’s easy to imagine Luis Enrique renewing his contract until then or longer, but naming clubs he would be allowed to leave for without compensation if they offered him the chance to take over as manager. What could that mean? Simply put, any club interested in his services, whether immediately or for the 2023-24 season, must be jostling for a position right now.

The final words on the matter, from Spanish FA president Luis Rubiales, were far from encouraging. It was as if he was preparing to impose his will – or his ego – on the situation, just as he did with Julen Lopetegui days before Spain kicked off in Russia in the Cup. of the world 2018.

Rubiales told a radio show that: “[Luis Enrique] could stay or not stay. And it could be because of his decision or our [the FA] decision. It’s part of football and he would understand if it was our decision, just as we would understand if it was his decision.”

Now, I’m not an employment agent or lawyer, but Rubiales’ words sound far from a “we want him to stay, it’s imperative he knows how important he is to us. .we’ll find a way to persuade him to stay…”

Pep Guardiola may well be preparing to buckle up for an explosive and extended tour at Manchester City now that he realizes he is about to have a second ‘Messi-esque’ experience thanks to Erling Haaland.

Although Lionel Messi and Haaland have no physical resemblance and totally different styles of play, what binds them together is their uncanny ability to take games from their rivals. Why wouldn’t you want to ride a few super successful seasons on this wave? However, if Guardiola is keen to fulfill one of his dreams of coaching Brazil (or even England) to a World Cup victory in 2026, there is no better candidate to take on his basic job. and extend it as Luis Enrique.

Attitudes, mentality, football philosophy, plus an unerring will to promote and trust talent regardless of their age: there are so many things that bind Guardiola and Luis Enrique, Barca’s former teammates.

Who knows who will buy Liverpool, how quickly or what Jurgen Klopp thinks of the potential changing of the guard? But when Klopp finally chooses to take his much-discussed sabbatical and travel the world with his wife, Ulla, Luis Enrique would once again be an attractive candidate there as well.

Coaching Spain has been instrumental in recovering from the most traumatic family grief, as even after he and his family mourned the loss of his daughter, Xana, in 2019, the willingness to return to reapply his talent and his volcanic energy has become impossible to ignore. It’s a stone cold fact: he’s an extremely good coach, terrifically smart in his craft, forward-thinking and someone who relentlessly strives to find tiny room for improvement in order to play a mark. exciting football.

In the past, he told me: “For my coaching, the most important idea is to ‘attack’. When my staff and I choose a team, we first look at what our players can offer in attack. The concept is ‘pressure’ My teams attack in a very defined way, well placed so that when we lose the ball we can put pressure on the opponent and get it back.

“The third crucial idea is ‘ambition.’ the same way every game. So now I have a risk-taking attacking philosophy, which asks players to take risks in the game to opponents and be decisive in a game.”

If he reads this, he will be exasperated. None of this is a topic he wants to prevent Spain from punching (probably above) their weight in Qatar over the next month, which brings us back to his team’s announcement.

It’s been a year since some in Madrid’s press downright mocked his inclusion of 17-year-old Gavi in ​​the Nations League squad to face European champions Italy. I heard some journalists talking, after the manager’s press conference, and they literally believed the Spanish coach was talking about picking a kid with very few Barcelona first team appearances out of sheer contradiction and to provoke the media “anti Lucho”.

They were wrong, and wildly. Today, Gavi has 12 national team caps and plays a pivotal role in Spain’s World Cup campaign. Can there be something like an equivalent this time around?

Then there is Ramos. There was a time when the former Madrid captain was a bit obsessed with stats, racking up more than his 180 caps and unbeaten international tally. Luis Enrique had thought of the world of Ramos as a defender, as a captain, as a professional footballer. Guys like these two don’t do love-ins, but it was the next best thing.

Ramos told Luis Enrique ahead of a World Cup qualifier against Kosovo in March 2021 that he was fine and fit to come on as a substitute. He played the last four minutes of the 3-1 win, returned to his injured club, missed several weeks for Madrid and Luis Enrique felt like he had the wool over his eyes; the defender hasn’t played for Spain since.

Now he is fit and playing well for PSG, while La Roja have a superfluity of left-footed centre-backs, but not the right-footed partner they need. Before PSG faced Juventus recently in a Champions League game, Ramos admitted “everyone knows what playing for my country means to me: I feel fit and good, but it’s manager to decide.”

Does Luis Enrique forgive Ramos, recall him and even reinstate him as captain? It’s a massive call, and one that has to be fair: there’s no gray area with two men of such strong character.

Keep your eyes on this story. At Euro 2020, Spain scored twice five, conceded the tournament’s own goal, won a spectacular penalty shootout and lost one. In the last Nations League, they beat the European champions and shook the cage of the world champions. Luis Enrique has never been and never will be free from controversy, intensity or entertainment. His players revere him and are ultra committed which means if this tournament is his last with Spain then, win, lose or draw, it will be fiery.

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Don’t use pillows to shape babies’ heads, FDA warns https://hardouin.info/dont-use-pillows-to-shape-babies-heads-fda-warns/ Thu, 03 Nov 2022 23:39:00 +0000 https://hardouin.info/dont-use-pillows-to-shape-babies-heads-fda-warns/



CNN

Parents and caregivers should not use infant head molding pillows that are intended to change the shape of an infant’s head or claim to treat a medical condition, the U.S. Food and Drug Administration said Thursday. .

“The use of head-shaping pillows may create an unsafe sleeping environment for infants and may contribute to the risk of choking and death,” the FDA said in a statement. Press release.

The FDA statement clarifies that pillows, created with an “indent or hole in the center” to cradle a baby’s head while sleeping on their back, are not FDA approved.

“The FDA is not aware of any demonstrated benefit of using pillows to shape the heads of infants for medical purposes,” the agency said in a statement. “The use of head-shaping pillows can create an unsafe sleeping environment for infants and may contribute to the risk of choking and death.”

Infant head molding pillows are intended to treat or prevent flat head syndromeor plagiocephaly, a common problem in babies because they spend a lot of time sleeping on their backs, According to the UK National Health Service.

The FDA press release explains that flat head syndrome usually goes away on its own, is not painful for infants, and does not cause developmental problems.

“If you have a pillow to model a baby’s head, throw it away; don’t give it and don’t give it to anyone else,” the agency said.

For healthcare providers, the FDA recommends that they discourage the use of pillows to shape the heads of infants and ensure that patients understand the risk of infant death when using them. The FDA advises healthcare providers to promote awareness of safe sleep environments and educate patients about safe treatment options for flat head syndrome.

If parents notice an unusual head shape in infants, they should seek advice from their healthcare provider. Helmets, headbands, and caps are FDA-approved options that healthcare providers may offer to treat flat head syndrome.

According to the FDA, using pillows to shape an infant’s head could delay needed evaluation and treatment, not only for flat head syndrome, but also for more serious conditions, such as craniosynostosis, where the bones of a developing infant’s skull come together too soon.

According to Dr. Sarah Schaffer, a pediatrician at Children’s National Hospital, infant head shaping pillows are readily available and can be found at many major infant retailers.

“Hopefully this recommendation will lead to their removal from these websites,” Schaffer said.

“Sudden unexpected infant death syndrome (SUID), which includes sudden infant death syndrome (SIDS), is the leading cause of death from injury in infants,” the American Academy of Pediatrics said. their website. “Sleep is a big challenge for families with babies, but following safe sleep recommendations can prevent many SUID deaths.”

To create a safe sleeping environment, infants should sleep on their backs in a portable blanket on a firm, level sleeping surface according to the National Institutes of Health. There should be no toys, blankets or other objects in their sleeping area.

“Don’t use a pillow or head-shaping device that doesn’t come with your baby gear,” Schaffer said, noting that car seat tethers are also dangerous.

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Nearly half of Gen Z and Millennials want 401(k) crypto https://hardouin.info/nearly-half-of-gen-z-and-millennials-want-401k-crypto/ Tue, 01 Nov 2022 13:00:02 +0000 https://hardouin.info/nearly-half-of-gen-z-and-millennials-want-401k-crypto/

If you dream of combining your cryptocurrency investments with your retirement savings, you are not alone.

Nearly 50% of Gen Z and Millennial employees want to be able to invest in cryptocurrency through their 401(k) retirement plan, according to Charles Schwab”2022 401(k) Plan Member Studywhich surveyed 1,000 401(k) plan participants between the ages of 21 and 70 who work for companies with at least 25 employees and currently contribute to their company’s 401(k) plan.

“They are challenging traditional approaches to work and retirement,” said Catherine Golladay, Schwab’s workplace financial services manager, said in a press release. “The 401(k), while still their primary retirement savings tool, is no longer seen as their only path to retirement.”

For some investors, it is already possible to invest in cryptocurrency through a 401(k).

Fidelity Investments, which manages the employee retirement programs of nearly 23,000 companies, has given companies the option to offer employees the opportunity to invest in bitcoin through “digital asset accounts.” If an employer offers this option, employees can invest up to 20% of their 401(k) in bitcoins.

However, just because the option is available doesn’t mean it’s the perfect fit for your retirement strategy.

“There is no underlying fundamental value to cryptocurrency,” says Greg McBride, chief financial analyst at Bankrate. “It’s not tried and tested as a sustainable wealth builder.”

Adding cryptocurrency to your retirement portfolio can reduce its overall performance, adds McBride.

This is because, typically, you diversify your portfolio by spreading your investment dollars across several financial assets, such as stocks and bonds. This helps reduce volatility in your portfolio since you are not over-invested in a specific type of asset.

But cryptocurrency is a very volatile asset, prone to erratic fluctuations and declines in value, which means it could increase your portfolio’s volatility rather than reduce it.

Given the unpredictable nature of the crypto market, the US Department of Labor has warned companies that operate 401(k) plans to “exercise extreme caution before including direct cryptocurrency investment options.”

In addition to crypto, younger generations want to invest in a wide range of options through their 401(k), including annuities, which provide guaranteed income in retirement, according to the Schwab survey. However, it is important to note that annuities can have a number of disadvantages for investors, such as expensive fees and restricted access to your money.

“They recognize the value of speculative assets, but also recognize the value of guaranteed income as you approach retirement,” says Nathan Voris, director of investments, insights and advisory services at Schwab.

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Don’t miss: From Whole Foods to Gamestop, here are 5 retailers that accept crypto, but there’s a catch

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We’re upset about the custody arrangement. What are our options? https://hardouin.info/were-upset-about-the-custody-arrangement-what-are-our-options/ Wed, 26 Oct 2022 14:00:00 +0000 https://hardouin.info/were-upset-about-the-custody-arrangement-what-are-our-options/

Comment

Q: I am seeking advice on behalf of my husband on how to deal with an ongoing issue with my stepchildren. My husband has two children, ages 11 and 15, with his ex-wife. They are very nice and cheerful children. He has been separated and divorced from their mother since the children were 2 and 6 years old.

From the start, the custody arrangement has been unfair, with my husband only seeing the kids two nights a week (including one on weekends), plus a separate dinner. He was never comfortable with this deal and wants the kids to live more with us, but his ex has always flatly refused. Although she has never crossed the line by speaking ill of my husband or me to the children, she has made it clear since the separation that she does not consider my husband an equal co-parent and that he exists to act. as a free babysitter. .

We are beginning to see reluctance from her children to come here at night during the week or when they find it inconvenient. They complain that they have to get up too early here on school days, so they would rather not come. (We live nine miles from their school, which is in the town where their mother lives.) Our response to this has always been that while we understand that they don’t like getting up early, it’s a small price to pay to be in someone else’s life. It’s very clear that their mother encourages them to think that way and usually suggests that they stay with us less.

How to handle this situation with the children? I want us to make sure there isn’t an underlying issue that we aren’t aware of, but how do we tell the kids about it without being inappropriate or putting them in the middle? My husband and I are trying to figure out how to get the kids to see our home as their home and to recognize that a relationship with their father is important and that we need to be involved in their lives. However, we don’t know how far we can reasonably push. To be clear, the kids obviously love their dad and always seem happy when they’re with us.

How much do children get for deciding on a custody arrangement? To what extent can we tell them about the hurtful complaints they make that cause their mother to violate the custody agreement? Thanks so much for any advice you can provide!

A: Thanks for writing; custody arrangements and going back and forth between children can be difficult. For starters, I want to sympathize with children. While there’s no need to assign blame here, we certainly know it’s not the kids’ fault that there was a divorce. And yet, it’s more often children who need to keep clothes and personal items in two different homes and swap homework, technology, and important items. Every family member has complicated schedules, but it’s the kids who balance that with school, friendships, sports, activities, and all the other changes that development brings to tweens and teens. They are acutely aware of their friends who have a set of parents, a house, and a schedule.

I’m not suggesting that the marriage should have remained intact, but I am suggesting that, rather than focusing on the injustice of adult situations and desires, we first need to understand where the children come from.

Developmentally, 11 and 15 are very different stages, but they share a deep desire to be with, to belong to, to be important and to be understood by their peers. That doesn’t mean parents don’t matter; it just means that children are attracted to their peers. This shift in energy can feel quite personal to any parent, and it can be even worse when children feel resentful about changing homes. Kids just want things to be easy, and their hormones will cause even more prying eyes, comments, or bad attitudes.

As for how to move forward, I would be very careful when it came to telling them about “their mother pushing to violate the custody agreement”. If possible, do not talk about their mother. This preteen and teen are aware of the disagreements between their parents, and they will not be sensitive to any criticism coming from you or their father. When there is even a whiff of divided loyalties, children will be forced to choose. We don’t want that, so avoid talking about the mother at all costs.

Focus on listening to them complain without having much to say about it. Listen to complaints about inconvenience and the house being too far away, and incorporate them. Just because you don’t feel worthy doesn’t mean it’s not a real problem for them. Maybe their mom pushes them, of course, but listening to kids won’t make feelings worse. When tweens and teens feel heard and respected, they are more likely to work with you rather than against you. By listening and reflecting what they tell you (without any judgment), you may find that they just wanted to get rid of it and you don’t need to do much.

But if they’re really miserable and/or not giving up, I highly recommend using Ross Greene. collaborative and proactive solutions. This approach works because you need to focus on one thing at a time (waking up earlier, for example); you focus on the problem, not on what is wrong with the children or the mother; and you must co-create solutions that work for both parents and children. While not as satisfying as “Because I said so,” this model tends to work because people like to feel respected, heard, and supported. You could make these young people feel guilty or you could work with them in a way that shows that everyone’s feelings matter. That way, you won’t “give in” to wasting time with them either, unless it’s right for you, and you might even find that another schedule might work during those intense and awesome years.

It’s a continuous work, and not everything will be perfect right away (or ever). But the goal is to let children know that you listen to them, respect them and, above all, love them.

Keep an open mind. Good luck.

Do you have a question about parenthood? Ask for La Poste.

]]> Column: Funds boost confidence in CBOT soybean oil amid global vegetable oil strength – Braun https://hardouin.info/column-funds-boost-confidence-in-cbot-soybean-oil-amid-global-vegetable-oil-strength-braun/ Sun, 23 Oct 2022 22:02:00 +0000 https://hardouin.info/column-funds-boost-confidence-in-cbot-soybean-oil-amid-global-vegetable-oil-strength-braun/

NAPERVILLE, Illinois, Oct 23 (Reuters) – Speculators staged their biggest Chicago soybean oil buying spree in just over a year last week, shifting their bullish bets on oil from soybeans beyond those on soybean meal for the first time since June.

Through Friday, CBOT soybean oil futures had risen 16% this month and Malaysian palm oil futures had risen 20% as supply concerns worldwide in persistent vegetable oil.

In the week ended Oct. 18, CBOT soybean oil rose 5% and fund managers added nearly 14,000 futures and options to their net long position, according to data from the US. Commodity Futures Trading Commission.

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This net long reached 74,974 futures and options, the largest since May and above the net long soybean meal fund of 70,797 contracts, a slight gain on the week. Fund managers have been bullish on oil versus flour for two-thirds of the past two years.

Net Managed Money Position in CBOT Soybean Oil Futures and Options

Soybean oil and soybean meal futures have seen gains of 4% over the past three sessions, taking soybean oil above 70 cents per pound. However, open interest lags recent years as of October 18 with soybean oil at an eight-year low for the week and soybean meal at a nine-year low.

U.S. corn and soybean crops in 2022 were below initial expectations of a combined 800 million bushels (5%), keeping speculators on the long side of these markets for a third straight year.

Open interest for corn futures and options is 1% higher than a year ago and for soybeans is down 12%, although open interest is significantly lower than on the same date in 2020, in particular for soybeans. Raw shorts remain close to minimum levels.

The week ended Oct. 18 contained the US Department of Agriculture’s Oct. 12 report, which was positive for soybean bulls but neutral to negative for corn. Fund managers during this period reduced their net long position in CBOT corn futures and options from about 13,000 to 254,261 contracts.

The funds’ net long position in corn is larger than in the same weeks in 2021 and 2020, which were both around 220,000 contracts.

Fund managers through Oct. 18 ended a four-week selling streak in CBOT soybean futures and options, adding just over 1,000 contracts to their net long, which hit 66 862 contracts. This position fell below 20,000 contracts in the same week a year ago, but the comparable net long position of around 232,000 contracts in 2020 was near the top of the funds’ last bull run.

CBOT wheat futures fell nearly 6% in the week ended Oct. 18 after a more than three-month high, although low open interest rates continue to limit fund movements . Fund managers cut nearly 2,600 contracts from their CBOT wheat net shorts, which fell to 22,051 futures and options contracts. The sale had been estimated at more than 16,000 futures.

CBOT wheat flirted with one-month lows on Friday as trade sentiment towards the Black Sea grains deal swings between hot and cold. Ukraine’s president on Friday accused Russia of intentionally withholding 150 Ukrainian grain ships, and Moscow appears to be reluctant to extend the grain deal next month as Russian wishes go unfulfilled. nL1N31M1SD nL8N31L5JP

On the supply side, the pace of wheat planting in Ukraine and Russia has been below normal, and US farmers are planting their wheat in historically dry soils. In the Southern Hemisphere, drought has hit the Argentine crop and heavy rains are raising quality concerns in Australia.

Karen Braun is a market analyst at Reuters. The opinions expressed above are his own.

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Editing by Robert Birsel

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The opinions expressed are those of the author. They do not reflect the views of Reuters News, which is committed to integrity, independence and non-partisanship by principles of trust.