How I’d generate a passive income of £24,000 a year from UK shares and retire early

first_img Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Harvey Jones | Saturday, 27th February, 2021 See all posts by Harvey Jones Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. One of the things I like most about investing in UK shares is that they pay income as well as provide capital growth. Many investors underestimate the importance of this, especially when starting out.I currently reinvest all of the dividends I receive straight back into my portfolio, to buy extra stock. This way, I am loading up on even more UK shares without having to dip into my own pocket. What’s not to like about that?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…When I retire, I plan to draw those dividends as income, to top up whatever I get from the State Pension and my company schemes. By doing this, I hope to leave the underlying capital untouched, and pass it on to my loved ones when I die.I’m buying UK shares to retire onIn retirement, I plan to work to something called the 4% rule. This states that if you draw 4% of your portfolio as income, and leave the rest to grow, your money should never run out. I’ve set myself a target of generating a passive income of £24,000 a year from my portfolio. What does that mean in practice?Under the 4% rule, I would need UK shares worth £600,000 to generate income of £24,000 a year. This is a tall order, although plenty of ISA investors have done far better than that. The UK is now home to thousands of ISA millionaires, who would generate a minimum £40,000 a year from their portfolios.To save £600,000, an investor who started at age 25 would need to put away £250 a month, assuming their portfolio grew at an average of 7% a year. In fact, that would give them £640,000 by age 65. If they didn’t start saving until age 35, they would have to invest £350 a month.As these figures to demonstrate, to generate a passive income of £24,000 a year from UK shares, it pays to start early (and stick with it).My retirement is still 15 years away so I couldn’t say whether I will hit my goal. Even if I fall short, I will have more money for my retirement than if I had never tried at all. By investing in a Stocks and Shares ISA, the dividends I draw will be entirely free of income tax, which is a real boost.I hope my passive income is enoughAlso, that income will come on top of any State Pension I am due. Currently, the new State Pension pays a maximum of £9,110 a year. If I added that to my £24,000 target, I reckon I should have enough to live on. My only worry is that we might have a burst of inflation, so that £24,000 doesn’t have anywhere near the buying power as it does today.On the plus side, thanks to my ISA allowance, nearly all of my income from UK shares should be free of income tax. Also National Insurance, which Britons no longer pay once they reach State pension age, currently 66.I’m still some way short of the money I need. I’ll aim to put that right, by going shopping for more UK shares. The high-calibre small-cap stock flying under the City’s radar Enter Your Email Address Like this one maybe. Our 6 ‘Best Buys Now’ Shares Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! How I’d generate a passive income of £24,000 a year from UK shares and retire early Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Image source: Getty Images. last_img read more

Fed Liftoff Could Adversely Impact First-Time Buyers

first_img The Federal Open Market Committee (FOMC) will convene next week for the last time this year and is expected to sweep the industry with a change to the federal funds rate, something that has not been done since June 2006.Title agents in the mortgage industry believe that first-time homebuyers will be impacted the most in the next year if interest rates are raised.First American Financial Corp., showed in its fourth quarter Real Estate Sentiment Index (RESI), which measures sentiments among title agents about homeownership demand, that most title agents believe more first time buyers will purchase homes in the next year. In addition, the index found that these sale transactions will “move up homebuyers.”According to the index, interest rates would need to rise to 5.1 percent to derail primary residential transaction volumes.“Title agents view first-time homebuyers as most impacted by a potential interest rate hike, while remaining optimistic regarding the level of sale transactions for those first-time homebuyers in the next 12 months,” said Mark Fleming, Chief Economist at First American. “Expectations for future homeownership demand remain positive, despite changing market conditions.”Title agents forecast that residential property price and transaction volume will rise in 2016, but are now displaying stronger signs of decreasing optimism from the last quarter.First American reported in the fourth quarter RESI that title agents expect property prices to increase by 5.7 percent on average in the next year, down from the 6.7 percent that was predicted in the third quarter.Sentiment for home price growth fell from 77 in the third quarter to 63 in the fourth quarter, the report stated.Title agents remained confident about growth in purchase transaction volume in 2016, with the RESI value for residential purchase transactions was the most positive at 73, down from 78 in the third quarter. Conversely, the outlook for refinance transaction volume among title agents is consistently negative.The RESI report also shows title agent sentiment for reasons surrounding title policy order cancellations, with the most common reason being buyers’ inability to get a mortgage. Title order cancellations will be problematic over the next year, causing property valuation issues and acceptance of a new offer.Title agents indicated that the rate of policy order cancellation will rise slightly over the next year, with the RESI value increasing from 56 to 57 quarter-over-quarter.First American’s Fourth Quarter 2015 RESI Price Expectation Highlights:Residential: The five states with the highest expected residential price changes in the coming year are: District of Columbia (+8.5 percent), New Hampshire (+8.1 percent), Nevada (+8.0 percent), Michigan (+7.9 percent) and Florida (+7.8 percent)First American’s Fourth Quarter 2015 RESI Title Policy Cancellation Reason Highlights:The five states with the highest expectation for an increase in cancellation rates are: New Mexico (75), Washington (71), Arkansas (70), Missouri (36) and Nebraska (68).The five states with the highest expectation for a decrease in cancellation rates are: Kentucky (45), Minnesota (47), Oklahoma (48), Maine (48) and Rhode Island (50).Click here to view the full report.  Print This Post Home / Daily Dose / Fed Liftoff Could Adversely Impact First-Time Buyers Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Demand Propels Home Prices Upward 2 days ago Tagged with: Federal Open Market Committee Federal Reserve First American Financial Corporation First-Time Homebuyers Interest Rate Hike Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Federal Open Market Committee Federal Reserve First American Financial Corporation First-Time Homebuyers Interest Rate Hike 2015-12-08 Brian Honea Fed Liftoff Could Adversely Impact First-Time Buyers Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago December 8, 2015 995 Views Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Is the Financial Stability Oversight Council Enabling ‘Too Big to Fail’? Next: DS News Webcast: Wednesday 12/9/2015 Sign up for DS News Daily About Author: Xhevrije Westlast_img read more

Valley Stream Rapist May Have Tried Again, Twice Prior

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Nassau County police released this composite of a man who attacked a woman outside her Lynbrook home Monday, Aug. 12. (NCPD)Nassau County police are investigating whether assaults on two women last month are related, and if they are connected to a rape in Valley Stream State Park Sunday morning, police said.A police spokesman confirmed that investigators are “looking into the possibility” after two women reported separate attacks in Valley Stream and Lynbrook just minutes apart.In the first incident, police said a 30-year-old female was walking south on Mill Road in Valley Stream on Aug. 12 at 9:05 p.m. near the Long Island Rail Road train station when a black male with “a thin build riding a bicycle” grabbed her buttocks from behind.The woman tried to get away but the suspect threw her to the ground and punched her, police said. Her attacker then attempted to rip off her shirt and pin her to the ground but she was able to fight him off.He then fled on a bicycle.Twenty minutes later, police said a man fitting the same description and also riding a bike walked up to a woman standing outsider her house, forced open the door and grabbed her inappropriately over her jeans. Once inside, he attempted to remove her pants before choking her, police said.The suspect fled on his bike after a neighbor heard the woman’s screams and dialed 911, police said.He was last spotted pedaling down Lois Place toward Merrick Road, police said.The attacks occured three weeks prior to a rape in the Valley Stream State Park over Labor Day weekend. The rapist was described as a black man between 29 and 35 years old about 5-feet, 9-inches tall with a thin build and short hair.Detectives are asking anyone with information regarding these crimes to contact Crime Stoppers at 1-800-244-TIPS.last_img read more

Two dams fail in US state of Michigan, thousands evacuated

first_imgThe downtown area of Midland, a city of about 42,000 people, could soon be under approximately nine feet (three meters) of water, according to Whitmer, who warned of “historic” high flood levels.The city said on its website that 11,000 people were evacuating, and that no deaths had been reported.”Residents are strongly urged to continue evacuating,” the city said in a statement.Authorities said the Tittabawassee River that flows through Midland has reached 35 feet, well above flood stage and one foot higher than the previous record level set in 1986. The river is expected to rise another three feet before cresting.Images taken from helicopters show vast stretches of land underwater, bridges washed away, and homes and buildings flooded.The flooding disaster and the evacuation are being compounded by the coronavirus pandemic, which has forced people to observe social distancing.”It’s hard to believe that we are in the midst of a 100-year crisis — a global pandemic — and that also we’re dealing with a flooding that looks to be the worst in 500 years,” Whitmer said.The governor urged those evacuating to shelters to wear face masks and maintain social distancing when possible.Multiple rivers in Michigan — a northern state surrounded by the Great Lakes — had reached flood stage by Tuesday after up to four inches of rain fell in recent days.US President Donald Trump is scheduled to travel to Michigan, an important electoral state, on Thursday to visit an auto manufacturing plant that has been repurposed to make ventilators.The plant is in southern Michigan near its largest city, Detroit.Whitmer, with whom the president has clashed over pandemic response issues, said she intends to give Trump “a full briefing” on the breached dams and resulting flooding.Early Wednesday Trump tweeted his complaints about the state’s vote by mail efforts.The state capital Lansing, about 100 miles south of the flooding, was the scene of new demonstrations protesting the state’s stay-at-home orders.Topics : More than 10,000 residents were evacuating their homes in Michigan Wednesday after two dams failed following heavy rain and triggered what officials warned will be historic flooding.Governor Gretchen Whitmer declared a state of emergency in Midland County, site of the breached dams, in the towns of Edenville and Sanford.The National Weather Service warned of life-threatening flash flooding and joined the governor in urging people in the area to seek higher ground immediately.last_img read more

Alexis Sanchez ready to take wage cut to force Manchester United exit

first_imgSanchez’s time in Manchester could come to an end (Picture: Getty Images)Alexis Sanchez is willing to take a significant wage cut in order to force through an exit from Manchester United, reports claim.The Chile international has struggled since moving to Old Trafford from Arsenal and has failed to justify his huge £500,000-a-week wages.Sanchez has suffered a dramatic loss of form and has failed to convince Ole Gunnar Solskjaer that he should be in the Norwegian’s future plans.Currently on the sidelines with a knee injury, Sanchez has grown tired of being on the fringes in Manchester and he has told his representatives to find him a new club this summer.ADVERTISEMENT ‘You have to be disappointed’: Solskjaer reacts to 2-0 loss to ArsenalTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 5:28Fullscreen’You have to be disappointed’: Solskjaer reacts to 2-0 loss to Arsenal is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Given his extortionate wage packet, very few clubs in world football could afford to land the 30-year-old but Sanchez is willing to reduce his costs in order to escape his Old Trafford hell, according to the Daily Star.AdvertisementAdvertisementSolskjaer is willing to sell him, although there are fears in the United hierarchy that they will be able to get him off the books.Executive vice chairman Ed Woodward is planning talks with the former Barcelona attacker before the end of the season in order to assess their options regarding his future.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errorsShould Manchester United cash in on Alexis Sanchez?Yes0%No0%Share your resultsShare your resultsTweet your results Comment Metro Sport ReporterWednesday 13 Mar 2019 11:06 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link761Shares Advertisementcenter_img Alexis Sanchez ready to take wage cut to force Manchester United exit Advertisementlast_img read more

Kenya’s Simbas ready to roar in the shadows of Olympic champion

first_img“This is the second time we’ve been knocking on the door of the World Cup, without any resources. We need assistance, we need facilities, we need equipment, we need uniform, we need food!”Coach Snook, who only took up his position in April, also sees the potential.“If they are prepared to invest money in it, in infrastructures which they need to construct from the bottom, they could really go forward and develop,” the 68-year-old said.– Sevens success –One Kenyan rugby success story comes in the shorter form of the game. Their seven-a-side team have competed with the world’s best for almost two decades as core members of the world series competing against the likes of Olympic champions Fiji and Commonwealth Games gold-medallists New Zealand.The Shujaa (The Brave Ones) won a bronze medal at the 2009 Sevens Rugby World Cup, claimed an overall record-best fifth place finish in 2013 and playmaker Collins Injera sits second on the all-time try scorers’ list with 271 touchdowns in 408 matches.The captain of their 15-a-side outfit, Davis Change, praises the impact the format has had on the nation of more than 49 million people.“Sevens has given us very good things like exposure, it’s a marketing tool for the whole country,” he said.Wangila echoed these thoughts, highlighting the effect of rugby’s introduction as an Olympic sport at the 2016 Rio Games, where Kenya finished a disappointing 11th place after losses to the All Blacks, Great Britain and Japan.“Already sevens is doing daily advertising for Kenyan rugby, we’re just trying to get 15s to the level where sevens rugby is,” he said.Despite failure this time round, Wangila is confident Kenya’s Simbas will have their day.“We’re not going to give up, I’ll make sure the spirit of the lions still lives in us.”Kenya finish their participation in the repechage tournament on Friday as they face world number 28 Germany in Marseille.Share on: WhatsApp Paris, France | AFP | The one sport which has been associated with Kenya for decades is middle-distance running but their 15-a-side rugby side are taking strides to change that.Kenyan athletes are reigning Olympic champions in four track events as well as marathon title holders in both the men’s and women’s races and they have amassed more than a century of medals at various games since Tokyo in 1964.In contrast, the Simbas (The Lions), led by New Zealander Ian Snook, have failed to claim a place at next year’s World Cup in Japan after two defeats in the ongoing qualifying repechage tournament in Marseille, losing 65-19 to Canada and 42-17 to Hong Kong.But team manger Wangila Simiyu thinks the sport is evolving in the east African republic.“Rugby has really grown in Kenya, both in primary and secondary schools, especially in the (housing) estates,” he told AFP.“The number of children playing this game is over 10,000, (ranging) from six to 18 years old,” Wangila added.Despite the surge in interest at grassroots level, the senior side still faces huge obstacles as it tries to climb from its world ranking of 30th.“We lack a lot of financing to support the national team, to run the programme and camps that we require,” Wangila said.“We’re actually struggling so much in terms of sponsorship. It’s quite expensive to run a 15-a-side that lacks sponsorship and lacks the basics of sports like kit, having a stadium, nutrition and allowances for players,” he added.Wangila believes support is needed from politicians and authorities both locally and internationally.“We have requested from the government to get financial assistance for the national team,” he said.“It’s a shame, when you run a team to represent the country, you need all the support possible,” he added.Wangila said with Kenya having come so close to a first-ever spot at the World Cup, rugby’s global administrators should also now step in.“I’m appealing also to World Rugby to consider Kenya as a country that needs help and assistance,” Wangila said.last_img read more

Leading England teenagers head to European Young Masters

first_img24 Jul 2017 Leading England teenagers head to European Young Masters The new English women’s amateur champion, Lily May Humphreys, will represent England in this week’s European Young Masters alongside three other leading teenagers: Barclay Brown, Annabell Fuller and Conor Gough. The U16 championship will be played at Oslo Golf Club, Norway, from 27-29 July. There are individual competitions for boys and girls and a Nations Cup team event. Humphreys was third in the girls’ championship last year. The players: Barclay Brown, 16, (Hallamshire, Yorkshire) was eighth in the Peter McEvoy Trophy, 11th in the Fairhaven Trophies and 15th in the Scottish U16s. In 2016 his results included winning the U18 trophy at the North of England Youths’ championship. Annabell Fuller, 15, (Roehampton, Surrey) tied for the Annika Invitational Europe only to lose to a birdie on the third play-off hole. She was third in both the German girls’ open and, individually, in the women’s European Nations Cup. She also reached the quarter finals of the French U18 Cartier Trophy. Lily May Humphreys, 15, (Stoke by Nayland, Essex) became one of the youngest winners of the English women’s amateur when she took the title last week at Lindrick, Yorkshire. She has also won the Sir Henry Cooper Junior Masters and the Astor Salver this season to add to a haul of 2016 titles. Image © Leaderboard Photography. Conor Gough, 14, (Stoke Park, BB&O) was 11th in last week’s English U16 boys’ open championship for the McGregor Trophy and third in the U18 Fairhaven Trophies. Last season he won the 2016 English U14 boys’ championship for the Reid Trophy and was runner up in the Italian U16s. Brown, Fuller and Humphreys were all members of the England team which beat Spain in the recent U16 international.last_img read more

RFH Crew Shines at Championship Regatta

first_imgThe RFH Crew Mens Senior 4-plus team (left to right) Jonathan Decelle, Matt Baumer, coxswain Jason Post, Chris Cerruti and Dughan Ahimovic, pictured with Head Coach Mike Owdij, have qualified to advance to the Scholastic Rowing Associa­tion of America National Championships Regatta later this month.The Rumson Fair Haven crew team entered six boats and 32 athletes from novice to varsity in the the Garden State Scholas­tic Championships at Cooper River Park, Pennsauken.The RFH Crew Mens Senior 4-plus turned in an impressive performance which qualified them to advance to the Scho­lastic Rowing Associa­tion of America National Championships Regatta.This is the second consecutive year that an RFH crew boat has qualified for the national championship.Crew athletes representing 39 high school clubs from 36 cities across New Jersey met on the Cooper River for the state regatta.The Mens Senior 4-plus team, crewed by Dughan Ahimovic, Matt Baumer, Chris Cerruti, Jonathan Decelle and coxed by Jason Post, had a stellar performance.The RFH Crew Varsity men finished second in their qualifying heat, posting the third fastest qualifying time of the day of 5:25:04 for the event.This crew has displayed power and endurance through­out the season taking first place at the North Jersey Championship Regatta held earlier this month.In the much anticipated Mens Varsity 4-plus final, the men rowed strong and finished in third place, earning a bronze medal, with a time of 5:24.30, third overall in the state, qualifying for a trip to the national championships regatta which will be held May 25-26 at the Cooper River Park.The RFH Crew Womens Senior 4-plus crewed by Tessa Liberi, Suzanne McHeffey, Hope Knochenhauer, Jacqueline Moser and coxed by Shannon Swikart finished second in the qualifying heat with a time of 6:22.28 to advance to the finals in an attempt to qualify for their second straight SRAA Championship appearance.   However, it was not to be on this day as the women rowed well but did not place in the top four, finishing seventh overall in the state with a time of 6:32.40.last_img read more


first_imgJerry Hollendorfer14227202319%$3,139,988 Martin Pedroza14316201811%$646,824 Martin Garcia11723161420%$1,708,580 John Sadler11317171515%$1,024,694 FINISH LINES: Future plans for Breeders’ Cup Juvenile winner Texas Red were undecided Friday morning, after it was announced early this week that the son of Afleet Alex was off the Triple Crown trail due to an abscess issue with his right front foot. “We’re still at the same juncture,” trainer and part owner Keith Desormeaux said, when asked if Texas Red would remain with him at Santa Anita or be turned out. “We haven’t done the total workup yet with the vet. The horse is just training lightly and we’ll figure it out later in the week. It’s pretty basic stuff and I know it’s not anything serious. It’s just something that we know we can’t pressure him on.” . . . Jerry Hollendorfer plans to work the best horse in America, Shared Belief, five furlongs at Golden Gate on Tuesday, but offered no word on the next race for the Santa Anita Handicap winner. “We haven’t decided on where we’re going to run him yet,” said Santa Anita’s training leader with 27 wins through Thursday and the nation’s leader in purse earnings with $3,473,139 through Tuesday . . . Santa Ysabel Stakes winner Stellar Wind, a candidate for the Grade I Santa Anita Oaks on April 4 for John Sadler, is scheduled to breeze Saturday under Victor Espinoza. Other Oaks probables include Curlin’s Fox, Luminescence, Ratataptap, Wild at Heart and three Hollendorfer trainees, Achiever’s Legacy, Glory and Light the City. The latter worked six furlongs Friday in 1:12.20 . . . Breeders’ Cup Classic winner Bayern, with regular rider Martin Garcia in the saddle, worked five furlongs for Bob Baffert in 59.80 . . . Zenyatta offspring Cozmic One, working for his debut, went five furlongs under Victor Espinoza in 1:01.20 for John Shirreffs . . . Agent Sarah Wolfe has Eclipse Award-winning apprentice jockey of 2014 Drayden Van Dyke booked on Another Lemon Drop for trainer Philip Bauer in Saturday’s Grade III Spiral Stakes for 3-year-olds at Turfway Park . . . Santa Anita presents the world-famous Winner’s Circle BBQ Championship Saturday in its spacious infield. Taste delicious samplings from the masters of BBQ and watch a full card of Thoroughbred racing. Special packages are available at . . . Next Saturday, March 28, features the Grade III Tokyo City Cup on Japan Family Day, with the Ramen Yokocho Festival in the infield. For more details, visit SISE HAS ‘PROSPECT’ FOR SANTA ANITA DERBY Trainer Cliff Sise Jr. expects Prospect Park to move forward on the Triple Crown trail when he runs in the Grade I, $1 million Santa Anita Derby on Saturday, April 4.Despite not winning against odds-on favorite and unbeaten Dortmund in the San Felipe Stakes on March 7, Prospect Park performed admirably, closing willingly in a moderately-paced mile and a sixteenth Grade II race to lose by only a length and a quarter.Sise feels the added sixteenth of a mile in the 1 1/8-mile Santa Anita Derby will benefit the maturing son of Tapit owned and bred by Pam and Marty Wygod.Prospect Park will work six furlongs Saturday with Joe Steiner up and gallop out seven furlongs at his San Luis Rey Downs headquarters, Sise said.“Then we’ll bring him to Santa Anita where he’ll have one moderate five-eighths workbefore the Santa Anita Derby. The horse is doing fantastic.” Mike Puype91812139%$412,656 Santiago Gonzalez9512101513%$587,484 TrainerSts1st2nd3rdWin%Money Won Peter Miller12622261417%$1,195,066 Fernando Perez1601520159%$708,660 Elvis Trujillo18422211712%$1,229,130 Jack Carava4469514%$182,920 Gary Stevens9015141617%$1,354,028 Mario Gutierrez9181199%$409,560 Jeff Bonde3190329%$324,240 Aaron Gryder624946%$328,880 Corey Nakatani11419111617%$933,348 JockeyMts1st2nd3rdWin%Money Won PROSPECT PARK PREPPING FOR SANTA ANITA DERBYTO THE VICTOR (ESPINOZA) GOES FINNEGANS WAKEBALTAS WITH A BULLET HAS DREAM OF SUMMER DUOSANTA ANITA JOCKEYS IN DERBY DAY 5K RUN APRIL 4FUTURE CURRENTLY UNDETERMINED FOR TEXAS RED Mark Glatt629111015%$454,972 Bob Baffert8920161222%$1,756,622 Eddie Truman1761235%$255,180 Tiago Pereira1061291411%$418,272 Ron Ellis50103820%$379,170 Mike Smith9619191520%$2,207,551 Thomas Proctor4576316%$525,378 Edwin Maldonado11212111411%$486,154 Steven Miyadi3375321%$217,500 -30- Steve Knapp3362318%$260,510 BALTAS SENDS OUT PAIR IN DREAM OF SUMMERTrainer Richard Baltas, enjoying a solid meet with 13 wins from 64 starters through 49 racing days, sends two for the money in Sunday’s $100,000 Dream of Summer Stakes for older fillies and mares at one mile, Melanistic and Wild in the Saddle.“They’re both training very well, it’s a short field, so we’re taking a shot,” Baltas said before departing Thursday afternoon for Dubai where he will send out Grade I winner Big Macher in the $2 million Golden Shaheen on March 28.The Dream of Summer, the seventh of nine races: Anniversary Kitty, Edwin Maldonado, 6-1; Sudden Sunday, Elvis Trujillo, 5-1; Melanistic, Tyler Baze, 15-1; Sweet Marini, Drayden Van Dyke, 8-5; Wild in the Saddle, Rafael Bejarano, 9-5; and Grazenette, Joe Talamo, 3-1.SANTA ANITA RIDERS IN DERBY DAY 5K WALK & RUNSeveral Santa Anita-based jockeys will participate in Santa Anita’s annual Derby Day 5K Walk and Run on Saturday, April 4. A traditional prelude to the 78th running of the Grade I, $1 million Santa Anita Derby later in the day, the Derby Day 5K will start at 8 a.m.“We’re going to have more jockeys participating than ever before,” said veteran rider Aaron Gryder, who was born in nearby West Covina and has more than 3,600 wins in a career dating back to 1987.“We’re all out here to have fun, but I think the number of jocks participating is a pretty good indicator that we all are living healthier and are much more committed to fitness than maybe we were 20 or 30 years ago.”The jockeys, with their probable odds of winning provided by Santa Anita morning line maker Jon White follows:Saul Arias, 15-1; Cheryl Charlton, 15-1; Victor Espinoza, 12-1; Omar Figueroa, 6-1; Santiago Gonzalez, 15-1; Aaron Gryder, 10-1; Modesto Linares, 12-1; Edwin Maldonado, 12-1; Bryan Pena, 15-1; Tiago Pereira, 12-1; Iggy Puglisi, 15-1; Alex Solis, 10-1; Joe Steiner, 12-1; Kayla Star, 15-1; Elvis Trujillo, 8-1; and Drayden Van Dyke, 8-1.            All runners will begin their 5K journey in Santa Anita’s parking lot area that adjoins the Westfield Santa Anita Mall. After running north on Baldwin Ave., the course angles west into the Los Angeles County Arboretum for a scenic loop. The runners will then head east across Baldwin Ave. for a short tour of Santa Anita’s stable area en route to the track’s Infield tunnel which takes them to a quarter-mile finish on Santa Anita’s inner training track.Adults and children of all ages are encouraged to participate and may register online at Derby Day 5K walk-up registration will be available from today, March 20, through April 2 at Run With Us, located at 235 N. Lake Ave., Pasadena.Those wishing to register the day before the event can do so on April 3 at the Promenade at Westfield Santa Anita from 4 p.m. to 6:30 p.m. Race day registration will be available in the Santa Anita parking lot, next to the 5K starting line, beginning at 6:30 a.m.For more information on the Santa Anita Derby Day 5k Run and Walk, please visit or call (626) 574-RACE. A. C. Avila2572328%$208,298 Philip D’Amato601211920%$583,920 Joseph Talamo20723223311%$1,568,338 (Current Through Thursday, March 19) Richard Baltas64139520%$524,972 Rafael Bejarano23055343024%$2,600,482 Mark Casse56105818%$784,378 Kent Desormeaux16830322018%$1,768,320 Michael Pender4266414%$175,740 Doug O’Neill14216132111%$818,628 James Cassidy60971015%$352,010 ESPINOZA ALIVE FOR FIVE WITH FINNEGANS WAKEPerfection is rare around the race track, but Victor Espinoza and Finnegans Wake are an exception.The jockey and the horse are four for four, and heavily favored to extend their string to five in Saturday’s Grade II, $200,000 San Luis Rey Stakes for older horses at 1 ½ miles on turf.“The distance should be no problem,” said Espinoza, who has registered three straight wins in Grade II races on the 6-year-old Powercourt horse trained by Peter Miller for Donegal Racing and Rockingham Ranch. “He’s doing good right now and in his last few races, he’s been going in the right direction.”Finnegans Wake doesn’t waste much energy with his come-from-behind style. He won the Hollywood Turf Cup and the San Gabriel Stakes by a neck and a length, respectively, then also took the San Marcos by a length on Feb. 7.In the Grade III Arlington Handicap last July, Espinoza piloted Finnegans Wake to a head victory in their first get-together.“He’s a hard-trying horse,” said Espinoza, the regular rider of both Kentucky Derby favorite American Pharoah and Horse of the Year California Chrome, who already is in the Middle East for the $10 million Dubai World Cup on March 28.“Finnegans Wake will run anywhere, inside, outside, and that’s good for me, because I’m not afraid to place him anywhere for his stretch run. I like those kinds of horses. He doesn’t mind. He just likes to run.”The field for the San Luis Rey: Raise Your Gaze, Tyler Baze, 12-1; Play Hard to Get, Kent Desormeaux, 6-1; Diamond Bachelor, Martin Pedroza, 10-1; Power Foot, Flavien Prat, 4-1; Buymeabond, Iggy Puglisi, 20-1; Joes Blazing Aaron, Joe Talamo, 6-1; Fly Lexis Fly, Edwin Maldonado, 20-1; Finnegans Wake, Victor Espinoza, 6-5; and Ashleyluvssugar, Gary Stevens, 9-2. Richard Mandella52109919%$641,766 Brice Blanc4872415%$296,500 Felipe Valdez619111015%$286,188 SANTA ANITA STATISTICS Brandon Boulanger11565105%$213,346 Victor Espinoza15629302219%$1,916,596 Tyler Baze24731293013%$1,974,364 Hector Palma2764122%$142,370 Peter Eurton7712111416%$674,906 Flavien Prat1131014129%$588,876 Drayden Van Dyke17621202212%$1,329,160last_img read more

Drought stressed silage

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Rain has been spotty across much of Ohio this summer and there are areas where corn was under moisture stress during the critical pollination period.  As a result, this drought stressed corn has poor grain development and small cobs.  Much of this corn may end up chopped for corn silage.  Typically the most frequent questions about using drought stressed corn for corn silage revolve around nitrate toxicity, expected yield and quality.In the August 16 issue of the CORN newsletter ( Peter Thomison and Laura Lindsey addressed the question of potential nitrate problems in drought stressed corn.  When drought occurs during or immediately after pollination it raises the flag of potential nitrate accumulation.  In drought conditions nitrates accumulate in the stalk of the plant, with the lower portion of the stalk having the highest concentration of nitrates.  High and potentially toxic levels of nitrates are more likely to accumulate if high rates of nitrogen fertilizer or high rates of manure were applied to the crop.  Testing for nitrates before chopping may be advisable in those conditions.  If nitrate levels are high, raising the chopping height to 10-12 inches can be helpful, but obviously tonnage is going to suffer.  If the nitrate accumulation is borderline high, then it probably is not necessary to raise chopping height because nitrate concentrations are reduced during the ensiling process, according to some sources, as much as one-third to one half of the nitrates may be converted to nitrous oxide compounds which leave the silage as a gas.  Be aware that this gas, typically a yellow-brown in coloration, is very toxic and extreme care with regard to both people and animals should be taken.  Vacate the area immediately if a cloud of this gas is observed.Typically drought stress affects yield more than it affects the quality of corn silage.  A University of Wisconsin Agronomy Advice publication from August 2007 compared corn silage yield and quality factors across 4 locations from 2003 through 2006.  Each location had at least one drought year during that time frame and some locations had 2 drought years.  When drought stress extended into the pollination period, similar to what we have experienced in some of our fields this year, the silage yield was reduced by 18 to 46% compared to non-drought years.  To estimate yield potential use this procedure:Measure a distance equal to 1/1000th of an acre along one row and count the number of plants that will produce an ear.  This number multiplied by 1000 equals the ears per acre. For 30 inch rows this distance is 17 feet 5 inches. Repeat this at several locations within the field and take an average to get ears/acre.Pick two ears at random from each measured area.  Count the number of rows and the number of kernels per row on each ear.  Get an average from all the areas measured.  Multiply the average number of rows by the average number of kernels/row.  This gives you the average kernels/ear in the field.Multiply the average kernels/ear by the average ears/acre.  This gives you kernels/acre.  Typically there are about 90,000 kernels/bushel in normal corn but drought stressed corn has smaller lighter kernels.   Therefore take your kernels/acre figure and divide it by 100,000.  This will give you an estimate of bushels/acre.A thumb rule for drought stressed corn is one ton of 30% dry matter silage for each 5 bushels of grain/acre.Quality wise, according to a Penn State publication entitled “Managing Drought Stressed Corn” drought stressed corn silage as compared to normal corn silage may be higher in crude protein, lower in starch and energy, higher in fiber content, but often with higher digestibility of that fiber.  Quality analyses presented in that publication showed drought stressed corn silage CP values ranging from 0.6 to more than 2 percentage units higher than normal corn silage, starch values were around 17% lower, energy as measured by net energy for lactation around 10% lower and NDF fiber values approximately 7% higher.Regardless of whether drought stressed or normal corn is being harvested as corn silage there are a few key management practices that need to be followed to make good quality silage.  The first and foremost is chop at the correct moisture concentration.  If you don’t get this right, nothing else you do is likely to improve the situation.  Optimum moisture range for bunker silos is 65 to 70%, for silage bags and for upright silos 62 to 68%.  The microwave oven method is still one of the quickest, least expensive and easiest methods of moisture determination available.  It involves collecting at least 4-6 representative corn stalks and chopping or cutting them into short lengths of less than 1 inch.  Mix well and collect a representative sample from the total.  Weigh out100 to 200 grams and spread it out on a microwave safe plate.  Heat the sample for a minute and re-weigh.  Shake and re-distribute the sample on the plate and heat for another 45 seconds to one minute.  Repeat this heating and re-weighing process until the sample stabilizes and does not decrease in weight between cycles.  Be careful as you approach the end point to avoid charring or burning the sample and adjust heating times accordingly.  The moisture content is equal to the beginning weight minus the end weight divided by the beginning weight. Other key management practices to insure good quality silage include:Chop at correct particle length.   The theoretical length of cut (TLC) for processed corn silage is ¾ inch and if not processed the TLC should be ¼ to ½ inch.  Drought-stressed corn has lower grain content and so will be less responsive to kernel processing.Use a proven inoculant.  Severely drought stressed corn may have a high concentration of sugars which can result in increased spoilage at feed out.  The buchneri inoculants are used to increase the aerobic stability of silage during feed out and could be very cost effective when used with drought stressed corn silage. Pack, pack, pack.  Remove as much air as possible to create a favorable anaerobic environment. The guideline for packing is 800 pounds of packing weight for each ton of silage delivered to the silo or pile.Cover.  This should be done as soon as the bunker is filled and the final packing had been done.  Covering prevents oxygen from getting into the silage pack.  Covering reduces DM and spoilage losses.  University research trials have demonstrated that the oxygen barrier 2-step products have reduced losses more than covering with the 6 to 8 mil plastic.last_img read more