Share Facebook Twitter Google + LinkedIn Pinterest It has been pretty dry here. We are hoping to finish up soybeans today. We haven’t touched any corn yet. We just keep hammering on these beans. We have 130 acres of beans to go and we’ll switch to corn.Yields have been pretty steady with a range of 45 to about 70 bushels depending on the field and the water damage. We are seeing a lot of the water damage on some of our better fields but the yields are still hanging out around 60 or better. We are pretty satisfied with that.I hand shelled some corn last week. It was 109-day maturity and it was around 19% moisture. At the elevator they are saying everything is from 17% to 25% moisture in the last week. Corn yields in the area have been 100 bushels an acre on up to 230 and 240. Corn will have a lot of variation across the field.We have been doing fall herbicide applications the last couple of years and that really helps with the marestail. This year, though, we are more concerned with compaction than weed pressure. We did some deep chiseling and we ran our vertical-till disk on some acres. We have a good start on that and we are going to try to get more tillage done this fall than we normally would. We are definitely ahead of schedule.There have been a lot of combine fires in this area because everything has been so dry and dusty. Everybody needs to stay safe and make sure their fire extinguishers are working. You never know when something like that is going to happen. There have been more fires this year then there have been in the past.
zoom Private investment firm Kühne Holding AG has increased its stake in German liner company Hapag-Lloyd to more than 17 percent.As informed, Klaus-Michael Kühne’s company already held a 14.1 percent share in Hapag-Lloyd through Kühne Maritime, after its merger with the United Arab Shipping Company (UASC).Kühne said it “used the opportunity” which was offered by the withdrawal of travel and tourism company TUI Group from the container shipping sector to further invest in Hapag-Lloyd. Earlier this month, TUI informed it decided to sell its stake in Hapag-Lloyd.Karl Gernandt, Executive Chairman der Kühne Holding AG, said that the consolidation in the shipping industry offers Hapag-Loyd new perspectives for a further rise and improves the company’s position among other big container carriers. Gernandt added that Kühne Holding AG sees itself as a long-term investor.Hapag-Lloyd told World Maritime News that the shareholder structure is now as follows: CSAV (22.6%), Kühne (17.6%), the City of Hamburg (14.9%), Qatar Investment Authority (14.4%), the Public Investment Fund on behalf of the Kingdom of Saudi Arabia (10.1%).In addition, there is a free float of 20.4% – percentages have been rounded and the free float includes institutional shareholders with a shareholding of less than 5%.World Maritime News Staff