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Daily Archives: March 13, 2022
Best Nootropics – Buy the Top Brain Booster Nootropic Supplements – Okanogan Valley Gazette Tribune
Posted: March 13, 2022 at 8:30 am
As you grow older, you take on more challenging and complex tasks all at once. Amidst all the work, sometimes you might feel worn out, low on energy, or completely drained. You constantly have the urge to drop everything and go somewhere peaceful.
This is when you realize your brain cannot perform its functions appropriately. And it might use some of your help to get back its charm.
You can start with a nootropic supplement that can improve mental performance. These brain supplements are mostly a mix of natural substances that aim to boost cognitive capabilities and mental speed in processing actions.
Before supplying your brain with these supplements, you have to pick the right fish from the sea of nootropic supplements. To help you with the process, our team has compiled a list of some of the best brain supplements after careful research.
Go through the article and save your brain from zoning out in the middle of a meaningful conversation every time!
The wellness industry is filled with substandard brain supplements that do not fulfill their long promises.
Heres a well-researched list by a group of experts that contains 30+ nootropics, aka, powerful Nootropic Supplements:
One of the best nootropic supplements in the industry, Mind Lab Pro, comes from the supplement company, Opti-Nutra, a champion in producing supplements with natural nootropic ingredients. Until now, it has sold over one million bottles of Mind Lab Pro across six continents.
Mind Lab Pro is made up of substances that have the power to facilitate brain cell repair and brain cell regeneration. Find yourself pumped up with mental clarity and improved cognitive function with this brain supplement.
Mind Lab Pro is one of the few brain health supplements that can induce brain cell regeneration. The supplement, Mind Lab Pro, starts working in 30 minutes and improves mental agility and positive cognitive functions.
Mind Lab Pros cherry on the cake is entirely free from stimulants. If you want to have productive thoughts more speedily, then Mind Lab Pro is the one for you!
Hunter Focus is a brain supplement that corrects low cognitive abilities and replaces them with improved brain function. Hunter Focus is made up of safe and natural ingredients that improve memory by increasing the production of healthy brain cells.
After a certain age, your cognitive performance starts to decline extensively. Start taking these supplements if you want your mental capability to remain the same!
The brain supplement is designed to boost memory through a combination of energy-boosting ingredients. These are scientifically backed and possess the power to unlock maximum brain potential. You will find a steady increase in your performance after consuming this nootropic supplement.
What was once a supplement available only to the elite is now within your reach. Make full use of this opportunity and stand out in your school, college, or workplace!
If you are on the lookout for taking on more complex tasks with ease, you need to work on your existing brain energy and mental clarity.
Onnit Alpha Brain, as the name suggests, is one of the Nootropic Supplements that boost brain energy and mental function. The supplement is caffeine-free and improves cognitive processes with the help of amino acids and natural cognitive enhancers.
With this powerful supplement, your cognitive functions wont result in poor mental performance. Instead, you will have a quick turnover in brain cell membranes that will improve brain health in no time!
The cognitive benefits of the supplement include better focus, good memory, less stress, and faster processing. What are you waiting for? Get your brain cell membranes to replenish and achieve high-quality performance even at complicated tasks with Onnit Alpha Brain.
With SANE Vitaae, bid farewell to low energy and poor focus. Vitaae is one of the best Nootropic Supplements manufactured by SANE, a US-based company specializing in weight loss products.
Vitaae aims to empower your cognitive health by releasing more brain chemicals and boosting brain energy eventually. Daily intake of this supplement has gifted many individuals more brain energy to perform multiple functions with ease.
The supplement has been instrumental in membrane turnover associated with countless mental benefits. It targets the problem of the leaky brain that is the root cause of depression, brain fog, attention deficit hyperactivity disorder, anxiety issues, etc. If left untreated, it can result in poor mental performance over time.
These revolutionizing brain pills let your brain chemicals enter the brain pathways more freely and bestow yourself with improved concentration.
A premium nootropic, Qualia Mind is the brainchild of the Neurohacker Collective Team. They are known for their renowned nootropic supplement collection, which has improved brain function in thousands of individuals.
The supplement was curated after extensive research by a group of esteemed scientists. The unique formula of the supplement helps the growth of brain cells that can make way to improve mental function.
Qualia Mind supplement pills have the power to improve memory in people regardless of their age. Whether you are a student, employee, or sportsperson, you can expect a boost in your cognitive abilities after the daily consumption of these supplements.
The nootropic supplement supports active brain function that can boost memory and optimize the pathways in the brain.
With increased cognitive performance, filter out the unnecessary information, make better life choices, and become the person you always wanted to be!
Nuzena Neuro Focus is a wholesome nootropic formula comprising vitamins, minerals, and herbs. It is manufactured by Nuzena, a well-known name in the supplements world.
Neuro Focus has gone under several clinical trials before hitting the market! It is one of the few brain supplements endorsed by health professionals from reputable institutions like Harvard.
Produced in FDA-registered facilities, Neuro Focus can improve mental performance by revitalizing brain pathways. Through a blend of ingredients sourced sustainably, the supplement promotes cognitive functions to a great extent.
Like its friend, Mind Lab Pro, Neuro Focus makes it easier to handle demanding situations. These nootropic supplements are armed with a host of cognitive benefits, including better memory recall and deeper concentration.
Add this nootropic supplement to your diet, improve memory and achieve healthy cognitive function.
Performance Lab Mind comes from the company, Performance Lab, the ace producer of healthy supplements. Performance Lab Mind is a nootropic supplement that aims to improve the brains functions.
These brain pills can boost energy by 13.6%. Performance Lab Mind comprises essential nutrients that aid mental clarity and optimize brain health. The product has revolutionized the world of brain supplements with its groundbreaking formula.
Performance Lab Mind does not contain artificial stimulants. Instead, it is composed of naturally extracted components that have faced several clinical trials before becoming a part of this supplement.
The nutrients in Performance Lab Mind are effective in helping you overcome mental exertion and achieve high cognitive function instead. In addition, the presence of prebiotics in the pills keeps your gut healthy!
Overall, Performance Lab Mind is a champion in supporting maximum brain health and maintaining a steady neural structure.
Synapse XT is a progressive product in the world of supplements. Daily consumption can initiate brain cell repair and alleviate mental exertion primarily. Comprising multivitamins as its core ingredients, Synapse XT can provide relief from attention deficit hyperactivity disorder as well.
The supplement also constitutes naturally extracted ingredients like Hawthorn Berry, Garlic, etc., to trigger the secretion of brain chemicals. These promote better interaction inside the brain leading to enhanced reception of senses and quick reactions.
When you start consuming Synapse XT daily, you will experience a better mood and energy throughout the day. Unlike many supplements, this brain pill is produced in an FDA-approved facility under strict supervision by health professionals.
When you take a step towards Synapse XT, you take a step further in improving the state of your mental energy.
If you are tired of getting fatigued mentally right after beginning your work, you need a genuine nootropic supplement. It will not cause you harm but work to improve brain function and call for better memory retention.
When you become forgetful, life becomes harder to get through. Elm & Rye Nootropics is the key to having adequate mental energy all day long. These supplements effectively boost cognitive performance without wreaking havoc on other body parts.
Having a daily dosage of these smart drugs can cause your cognitive abilities to mushroom. Once you start regular consumption, it can boost memory and focus on all tasks.
With the continued intake of this nootropic supplement, life will undoubtedly get more manageable for you to come through!
Everyone today wishes to face modern-day challenges with more vigor and mental stamina. However, due to poor lifestyle choices and hectic schedules, forgetfulness has become a new norm even among young people.
NeuroFuel is a nootropics stack by Natural Stacks, a wellness supplement company that aces brain pills. The company offers the users a transparency program that proudly displays lab test results approving the quality of the supplement from third-party organizations. These transparency programs are backed by HealthLog, lending reliability and authenticity to the product.
NeuroFuel nootropic stacks hold power to provide energy to your brains pathways. It fuels your brain with more energy and better support to achieve peak performance in every activity.
Discover enhanced brain power, improved concentration, and mental agility with this potent supplement.
Vital Plan Brain Boost is a scientifically-formed natural nootropic supplement that enhances mental clarity through a series of enriched brain functions. People face several challenges every day that increase their mental exhaustion. Take Brain Boost brain pills to cope with and fight mental fatigue better.
As one of the finest dietary supplements in the wellness industry, these brain pills have the edge over many nootropic supplements due to their unique ingredient content. The pills contain amino acids, Ginkgo Biloba, lions mane mushroom, etc. They work in synergy to boost brain health and offer better gut health and digestive system.
Take on the daily tasks with more efficiency with this brain pill and provide natural energy to support optimal brain function at all times. Enjoy greater focus and elevated mood along with healthy brain health.
Excellent health is the best gift that you can give yourself. A unique brain supplement with the right quantities of nutrients, NooCube uses amino acids to boost mental acuity in users. The transformative formula is created by a team of experts in scientifically-approved facilities.
You have very little to worry about when you incorporate NooCube into your daily diet. In just a few weeks of consumption, you will realize you have gotten better at decision-making. You wont give in to negative and exhausting thoughts as quickly as you used to.
The ingredients in NooCube tackle negative energy and supply your brain with high energy and clarity. This is the most nutritious nootropic stack that releases energy during high-intensity work sessions. By taking this brain pill at regular intervals, you wont feel worn out and fatigued.
Manufactured by NaturalCell, it is backed by multiple positive clinical trials conducted in a scientifically-proven environment. Research has suggested that NeuroActive6 can boost brain health to a great extent.
Feel energized and motivated all the time due to improved brain function induced by this supplement. Essentially belonging to the class of cognitive enhancers, NeuroActiv6 is rich in amino acids that help overcome mental fatigue and perform in demanding life situations.
NeuroActiv6 is not just a sub-standard brain pill with hollow promises. It delivers several cognitive benefits to the consumer. It is safe for your brain health to boost brain function without compromising your overall health.
With this nootropic stack in your daily diet, stay ahead with your mental function game. It is indeed the perfect supplement for your brain enhancement.
As you age, you experience memory loss and mental fatigue more frequently than ever. These are the signs of poor brain health lurking around the corner, waiting to throw itself at you at the first chance.
This is where UpWellness Mind & Mood comes into the picture. Lets discuss something about the formulators before diving into the benefits of the formula.
Probably one of the most renowned wellness supplement manufacturers globally, UpWellness has forever supported the idea of nutrient-rich living. The organizations vision resonates with the peoples desire to achieve maximum brain health.
About the formula, UpWellness Mind & Mood contains natural ingredients like vitamins, Rhodiola Rosea, L-Theanine to fight mood swings, depression, and other mental health problems.
This nootropics stack is an advanced, physician-formulated brain pill to supply your brain with increased energy to help you perform critical tasks with ease.
A high-quality product by Zenith Labs, Brain C-13 is a clinically-approved brain supplement. Like the other smart drugs and natural nootropics listed in this article, it comprises organic ingredients that contain multiple health benefits.
After numerous medical trials, the supplement boosted brain function in people across all age groups. It has been created to slow cognitive decline caused by neurological disorders in the aging process.
As you age, you experience decreased blood flow into the brain. This slows down your mental processing speed significantly and results in brain fog. To counter this and improve your mental energy and overall mental health, consume the Brain C-13 supplement. Rest assured, you will experience heightened brain power shortly after its intake.
Overcome challenges caused by old age, witness better memory retention, improved brain function and live your life to the fullest!
NooBru is one of those dietary supplements that you should try at least once in your life. A quality brain supplement, it holds power to alter your poor lifestyle into an active one using a blend of 11 ingredients sourced organically.
The best part about this nootropic supplement is that its ingredients are pre-approved by acclaimed health professionals.
The supplement has found its place in our list of nootropics and smart drugs because of its strong ability to boost memory along with enhanced cognitive abilities. After several trials, this nootropic supplement has improved peoples memory across different age groups.
Regular consumption of this brain supplement has led to improved memory retention among users. If you want to achieve peak cognitive performance in all tasks, mental and physical, then this supplement will prove life-changing to you!
Witness tangible results by consuming it with water after regular meals and notice improvements in a short period.
PureEssence BrainEssence is a natural brain booster supplement with multiple benefits up its sleeves. It is composed of 100% natural nootropics that strive to achieve efficient brain performance throughout the day.
An invention by PureEssence, BrainEssence addresses the most disturbing mental issues like anxiety, recall, depression, etc. Regular intake of this brain pill can cut through the much-pressurized brain strain. It aims to induce productivity through natural means.
Over the years, multiple individuals have been taking the help of PureEssence BrainEssence to deal with their everyday challenges. Follow their footsteps and get this great supplement to boost brain health to optimal levels.
Get started to improve your overall health with this powerful product!
Organixx, a natural supplement-producing organization, manufactures Ageless Brain. Created mainly for the older population, it can avoid poor brain function.
According to several reviews posted online by consumers, this supplement effectively fights mental fatigue and improves memory retention to greater levels. It nourishes your brain with the proper nutrients to achieve optimal brain function.
This brain supplement boosts mental energy affected by multiple cognitive disabilities caused due to aging. Not only does this improve cognitive health, but the natural nootropics in this supplement promote overall well-being as well.
This nootropic supplement is right for achieving healthy brain function as medical research by experts also backs it. If you are keen to buy smart drugs, Ageless Brain might be the perfect option for you.
Give your brain the boost it needs with this nootropic supplement.
A rare combination of natural nootropics, Amy Myers MD NeuroLive is not just another nootropic supplement. Backed by extensive research from a team of medical professionals, this supplement uses micro-ingredients in its attempt to achieve good mental performance.
The product cannot be compared with other dietary supplements that do not have a targeted approach to improving cognitive function. It works by boosting the health of the brain cells and achieving improved brain function in a short period.
Like other smart drugs listed here, this nootropic stack causes the rise of blood flow into the brain. Thus, it starts to affect consumers mental health positively. Now, you have an authentic solution to slow cognitive decline in your brain.
Order Amy Myers MD NeuroLive and free your brain from stress!
Nootrogen is a GMP-certified supplement produced in FDA-approved facilities under the strict supervision of medical researchers. This brain supplement makes your mental health steer away from brain fog with acetylcholine and Glutamic acid.
When you consume this daily, you will start experiencing better memory retention and brainpower in a short period. Because of this, your mental performance will grow at an exponential rate in the right direction.
Nootrogen is a champion in improving the mental processing speed of the older population as they struggle with cognitive decline due to aging. Its ability to enhance blood flow into the brain has made it to the nootropics and smart drugs list.
As your brainpower gets a boost from this supplement, you can think clearly and perform more activities without the fear of being exhausted!
Do you want to eliminate the continuous brain fog that envelopes your mind during essential tasks? PureHealth Research has created the perfect nootropic supplement for you to consume. Made in the USA under strict guidelines, this supplement is known to impact mental energy positively.
The supplement is great for your mental health as it counters mental fatigue remarkably well. It works by increasing blood flow into the brain and considerably enhancing your mental processing speed. After consuming it for a few weeks, you will experience a stable state of mind with improved brainpower.
The company PureHealth Research claims this brain supplement to be vegan-friendly and gluten-free. It is undoubtedly one of the best organic ways to improve memory and witness a sharp increase in mental acuity.
If you are looking for a supplement that defies cognitive decline, it is ideal for you!
As unique as its name, this nootropic supplement comprises naturally sourced ingredients to help you boost brain function effortlessly. Due to its natural content (soy-free and gluten-free), it is regarded as safe and fit for consumption by all age groups.
The Cymbiotika Golden Mind works by restructuring your brain cells and strengthening them from inside. Due to this, it allows for better memory retention and high levels of mental energy distributed evenly across all physical and mental tasks.
It is one of the few smart drugs capable of inducing solid cognitive performance in no time. Belonging to the family of natural nootropics, Golden Mind helps boost memory and inherently reverse the collapse of cognitive abilities.
The regular intake of this brain supplement can help you overcome everyday challenges quicker and more effectively.
In this fake world, you will hardly find a nutritious supplement suggested by a physician for improving your brain function. Well, your wait is over. CogniBiotics is a one-of-its-kind nootropic supplement that can deliver tangible results.
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Best Nootropics - Buy the Top Brain Booster Nootropic Supplements - Okanogan Valley Gazette Tribune
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Genetics and Geography Don’t Make a Family – The Cut
Posted: at 8:28 am
Photo-Illustration: by the Cut; Photos courtesy of the subject.
My stepson was 4 when my husband, Eric, and I got married in May 2019. Atlas and his mom had traveled to our wedding in New York from their home in Berlin, and he charmed everyone, ordering bubbly water from the bartender, taking pictures with a Polaroid camera, and saying hi to all the guests in his German-accented English. After we said our vows, he climbed onto the shoulders of our friend who officiated and cheered when Eric stepped on a glass, in the Jewish tradition.
Nine months later, the pandemic began and international travel restrictions went into place. Our visits with Atlas turned to Skype calls. He showed us his first baby tooth loosening, and we watched the screen as he wiggled it with his tongue, a little more each week. After it fell out, he told us that the tooth fairy left a euro under his pillow.
By autumn, we realized the pandemic wouldnt be ending anytime soon, so we booked a trip to Germany. The borders were closed to U.S. citizens, but with a negative PCR test, lots of paperwork, and some luck, Eric figured he would be able to get into the country using a family exception.
But what about me? Im married to a man who has a son with a woman who lives in Berlin, and their entire relationship is based on a Tinder date in 2013 that resulted in a child. You try explaining that to the German border police.
For me, family has nothing to do with genetics. I was adopted, as was my brother. He has different birth parents than I do, and we grew up in a home with an open-door policy on love. Throughout my childhood, my parents fostered teenagers who had been kicked out of their homes for becoming pregnant. My mom, a first-grade teacher, was a mother figure to countless kids during her career. I was raised to believe that families come in all forms, and I didnt have much interest in marriage or motherhood. I never felt the pressure of a biological clock. I spent my 20s and 30s traveling and figured if the urge to have children ever came, I would foster or adopt.
When Eric told me he had a son, just a few weeks after we started dating, I was ecstatic that he had an unconventional family. I launched myself into his arms, excited about the connection: His son was an unplanned pregnancy, just like me. He staggered backward in surprise and told me that the situation was complicated, he was still figuring out how to be a father. I mumbled something about understanding and apologized for my overzealous response. It was too early in our relationship to tell him that it seemed uncomplicated to me: Accepting a child that arrives without warning, welcoming strangers into your life and being expected to bond with them immediately? Thats family.
I met Atlas a few months later and the bond was instant. He talks to strangers easily, dances down the street to music no one can hear, and is generous with his love. I mentioned Atlas in my wedding vows and remember looking around the room to find him as I spoke. I was completely unsurprised to see him sitting on my moms lap, whispering in her ear.
A year after that, with the pandemic wearing on, Atlass mom sent my parents a video of him enjoying the birthday present they had mailed to Germany. I messaged her to thank her for sending the video and for accepting me and my parents into her life. She said it made her happy to know that Atlas had so many people who cared about him and that she loved how my family and I treated him as our own.
Would border control feel similarly about our setup? When we arrived in Europe, Eric handed over his documents, including a paternity test and a copy of Atlass birth certificate. We also had a letter of support from Atlass mom. The officer looked through everything and stamped Erics passport, then asked what my story was. I explained we were married and showed him our wedding rings and shared last name. He shrugged and asked to see our marriage certificate. Luckily, I had a photo of it on my phone. As he studied the screen, his expression didnt change. So I started babbling about how I loved my stepson and hadnt seen him in almost a year; his childhood was passing by too quickly, and I was sick of talking to him on Skype. Thats when the officer started laughing and got out his stamp.
Germanys list of the immediate family members who were excluded from the travel ban didnt include stepmothers, but he let me in.
When we returned to the States, I told my parents what had happened at border control, and my dad reminded me that there was a way to ensure I would always be able to visit Atlas: I could become a German citizen. Theres a law, Article 116, that allows descendants of Germans who had their citizenship revoked for political, racial, or religious reasons to reclaim it. As the son of German Jewish refugees who fled the country in 1938, my dad and his descendants could apply. A lawyer told him the approval process could take years, but we thought it was worth a try.
My dad gathered evidence of his parents life in Germany and scheduled an application appointment at the German Consulate in New York. He arrived with two accordion files full of paperwork, including his parents passports that had been revoked by the Nazis Reich Ministry of the Interior. The officer on duty listened solemnly as my dad explained that if his parents hadnt fled the country, he wouldnt be alive today.
But if my Oma and Opa had been killed in the Holocaust, I would still be here. The documents I brought to our application appointment included two birth certificates. My current one, dated about a year after I was born, is issued to Jennifer and has my parents names. But the original certificate records my name as Baby Girl and shows my birth father was born in Iran and my birth mother, a Catholic woman, was born in Germany another link to the country.Would she be happy to know my application was approved, and that the next time I travel to the country it will be as a German citizen? I have no idea. But I do think my Oma and Opa would have liked to see me reconnecting with the place that rejected them all those years ago. And theyd be even happier that part of my family, unconventional as it is, lives there once again.
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Adecoagro: The Most Inexpensive And Speculative Farmland One Can Buy – Seeking Alpha
Posted: at 8:28 am
Andree_Nery/iStock via Getty Images
Farmland has become a hot commodity these days with rising food prices and inflation. In fact, The Federal Reserve Banks of Chicago and Kansas City have estimated a YoY appreciation in farmland value of 20%. That is eye popping performance and well above the average CAGR in farmland appreciation of 5.7%.
Farmland Partners Inc Investor Presentation
I love farmland. Not just as an investment. Farmland is enjoyable to view and a great place to spend time and grow (pun intended). But I hate overpaying for farmland. That's why I do not own Gladstone Land (LAND) which I wrote about last month. Because farmland is uncorrelated with general equities, it is a strategic portfolio asset that I want to own.
Timberland Investment Resources LLC
The war in Ukraine is causing commodity prices to soar even further. Russia and Ukraine are responsible for approximately 25% of global wheat exports and 15% of global corn exports. Sorry, I meant to say 'were responsible.'
The Daily Shot
The crisis is causing wheat and corn prices to go vertical. Wheat futures are up 50% since the beginning of the invasion. You can't tell, but I look like I've just seen a ghost. About 20% of all calories consumed by the human race comes from wheat. This means that the cost of eating increased 10% over 2 weeks.
Wheat and Corn Futures (TradingView)
This is a great cause for concern. History shows that people are most desperate when they cannot afford to eat. Eventually high food prices cause social unrest. While I have hope that the war in Ukraine will end soon and food prices will stop rising, I don't see "cheap" commodity prices for a long time. Ukraine and Russia will not ramp up food production quickly. We do not know the measure of destruction that will result from this war or how long it will take to rebuild.
This is why I'm taking another look at farmland investments. There are nine equities on my radar. One of them is really cheap, but unfortunately it comes with great risk. Higher commodity prices have risen the bottom line and geopolitical risk. That stock is Adecoagro S.A. (AGRO).
I have a list of nine U.S. listed equities that own significant quantities of farmland with a market capitalization of at least $100 million. For this article, I'm interest in farmland first and foremost. Specifically, I'm referring to crop producing farmland. Several of the following companies own more than just crop producing land. For example, Cresud owns residential and commercial real estate in addition to their agricultural holdings. Fresh Del Monte and Mission Produce have processing and distribution infrastructure. Adecoagro has sugarcane and ethanol processing plants and also produce bio-electricity. This is considered in the overall valuation of the stocks, but the cropland is my primary focus. Now, let's meet the contenders:
The land packages of each company are in the table below. I'm interested in how many farmland acres they own. I'm not interested in how many acres they lease. The location of the farmland is crucially important. I also want to know what they produce with that land.
The following information was derived from presentations and financial reports from each of the company's websites. The information is the best estimation available at the time. Links to the company websites are above.
United States
United States
Citrus
AGRO, LND, and CRESY have the largest land packages all located in South America. They grow the same types of crops, focusing on row crops that do not require irrigation. These companies own and operate their cropland. They are fully exposed to cost inflation and farming risks but also experience the full benefit from rising commodity prices.
FPI has row crop exposure in the United States. LAND, FDP, LMNR, and ALCO own mostly high value fruits and nuts in the U.S. that usually require irrigation and are costly to install. AVO grows avocados on their cropland in South America. Normally, higher value crops are a better investment. But with all things being equal, I would rather own farmland that produces staple crops like wheat, corn, and rice over expensive fruit and nut crops in this environment. That's because I see consumers around the world suffering from inflation and needing to cut costs. They will cut back on luxury foods before staple foods.
Chart by Author (Data from Company Presentations and Earnings Reports)
LAND and FPI are the most well known to U.S. investors. They are REITs that own farmland across many States. They lease out their properties on a triple net lease basis. Therefore, they do not deal with farming operations and are less exposed to cost inflation. However, they are not immune to poor crop performance. If their tenants cannot make rent the REIT will suffer.
You can see how their property maps breakdown below. Many of their properties are in the same growing regions. The main difference between their exposure is the types of crops grown. About 70% of FPI's portfolio produces row crops such as corn, soybeans, and wheat. Most of LAND's properties produce berries, nuts, or tree fruit.
Farmland Partners Inc Investor Presentation
Gladstone Land Investor Presentation
The operations of each of these companies is unique and different from the others. Many companies own more than just farmland and several are involved in global marketing and distribution of food products. To evaluate each company I'm looking at the EV/EBITDA, P/CF, and ROTC to assess efficiency and value. I looked at Market Cap/Acre and Market Value/Acre to get a sense of how expensive the land is. The market value is the company's stated value of the farmland, separate from the rest of the operation.
The following information was derived from presentations and financial reports from each of the company's websites in addition to Seeking Alpha. The information is the best estimation available at the time. Links to the company websites are above.
AGRO has the cheapest cropland according to this information, which makes sense because they mostly grow low value crops. Farmland that grows high value crops are worth a lot more because suitable land is more uncommon, it often comes with irrigation rights, and perennial crops are expensive to plant. For example, is can cost more than $7,678 per acre just to plant an almond orchard, which does not include the cost to buy the land. This compares to the cost of planting wheat between $150-250 per acre, which is required annually.
For perspective, the average cost of cropland in the U.S. in 2021 was $4,420 per acre. About 93% of AGRO's farmland is located across Argentina. The generalized cropping conditions of Argentina, including hardiness zone, precipitation, temperature, and soils, is similar to that of Texas. The value of non-irrigated cropland in Texas in 2021 was $2,090 per acre.
Chart by Author (Data from Company Presentations and Earnings Reports)
With a P/FFO of 46x and 44x I do not find LAND or FPI attractively valued, respectively. I'm not interested in ALCO, AVO, and LMNR due to niche crop markets in luxury foods. CRESY is too broadly invested and expensive for my taste. This leaves AGRO, LND, and FDP.
Chart by author (Data from Company Presentations and Earnings Reports & Seeking Alpha)
Between these three AGRO has the best Quant Grades. FDP has underperformed the group significantly. Cash flow from operations have been positive and consistent for AGRO while LND has suffered from volatile and often negative cash flow. The chart below has CFO for AGRO on the left and CFO for LND on the right. For these reasons, I want to take a closer look at AGRO which I believe to be the best performing farmland stock.
Chart by Author (Data from Seeking Alpha)
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AGRO is a sugar and ethanol company first. They are one of the lowest cost producers of sugarcane worldwide. They own and operate 3 sugar/ethanol mills and harvest over 180,000 hectares of sugarcane. These facilities have the ability to switch production between sugar and ethanol giving them the ability to adapt to changing market prices to maximize returns. Currently, they are running mostly ethanol because of attractive pricing.
AGRO produces hydrous and anhydrous ethanol which is primarily used for vehicle fuel. The company was optimistic about ethanol prices when oil was around $80 per barrel and it has risen 50% since. They also expect the Brazilian sugarcane crop to be lower than expected this year which will further support prices. Ethanol is an important fuel in South America. Ethanol accounts for more than 50% of gasoline use in Brazil compared to 8% in the U.S. In 2021, sugarcane production was down 27% due to poor weather conditions. The company expects sugarcane yields to return to normal in 2022.
Adecoagro Institutional Presentation 2020
Adecoagro Institutional Presentation 2020
In addition to sugarcane the company produces a variety of row crops on 262,000 hectares. Like sugarcane, they are also a low cost producer of crops like soybean, corn, and rice. Unfortunately, the cost of export taxes prevents AGRO crops from being competitive globally. According to an independent appraisal, company farmland appreciated by 2.4% in 2021.
This year they expect to plant 7.9% more acres than last year. They have secured their fertilizer needs for the current crop but if fertilizer prices continue climbing it will impact margins for next year. The farming enterprise recorded a 30% increase in EBITDA YoY for Q3 2021.
Adecoagro Institutional Presentation 2020
The company also produces dairy products and electricity, as a bi-product of their other operations, which helps to diversify the operation. Synergies from the vertical and horizontal integration of these enterprises leads to great efficiencies in company performance. This helps explain the steady rise in FCF and EBITDA per share over the past few years. EBITDA, in particular, has grown by 53% YoY while decreasing the shares outstanding. The company has achieved a reasonable Net Debt to Adj. EBITDA of 1.56x which is below the company goal of 2.
Data by YCharts
Several recent developments are appealing about the direction of AGRO:
In 2020, about 74% of EBITDA came from the sugar/ethanol enterprise of the business. It has been the fastest growing segment of the company. It is advantageous for the company to have this enterprise because it helps to hedge the company's exposure to energy costs on the farming side, but they can switch to producing sugar if energy prices are low.
Adecoagro Institutional Presentation 2020
Stock performance correlates with the prices of the commodities the company produces. Prices of these commodities has risen sharply since 2020.
Data by YCharts
So far we have seen a great company with bright future that provides investors with exposure to inexpensive farmland. Here comes the "but."
Argentina is a terrible place to invest.
The Heritage Foundation ranks Argentina #144 in their Country Rankings for the 2022 Index of Economic Freedom, one rank above Haiti. Here is what they say about Argentina's background:
Argentina, once one of the worlds wealthiest nations, is South Americas second-largest country. It has vast agricultural and mineral resources and a highly educated population, but it also has a long history of political and economic instability. Peronist President Alberto Fernndez and Vice President Cristina Fernndez de Kirchner, who preceded Fernndez as president, began their four-year terms in 2019. Legislative elections in November 2021 weakened the strength of the Peronists in Congress. Popular disillusionment is widespread because of a weak economy and the countrys ninth sovereign debt default. To check inflation until after the election, the government imposed economically harmful price controls on hundreds of products. In September 2021, the government gained backing from creditors for a deal to resolve the default.
Argentina has a checkered history, at best, interfering with free market enterprises. Trade restrictions and regulations have impacted the competitiveness of commodity exports from the country. Consumer inflation, especially rising food and fuel prices, are going to pressure politicians in Argentina and Brazil to take drastic actions. They have demonstrated a willingness to engage in actions that harm businesses in the country in the name of the public good.
Just listen to what the company has to say on the issue. The following are excerpts from the Company's 2013 Form 20-F filing:
The Argentine government has in the past set certain industry market conditions and prices. In March 2002, the Argentine government fixed the price for milk after a conflict among producers and the government. In 2005, the Argentine government adopted measures in order to increase the domestic availability of beef and reduce domestic prices.
Moreover, the Argentine government may increase its level of intervention in certain areas of the economy. For example, on April 16, 2012, the Argentine government sent a bill to the Argentine Congress to expropriate 51% of the Class D Shares of YPF, S.A. (YPF), the largest Argentine oil and gas company in Argentina. The expropriation law was passed by Congress on May 3, 2012 and provided for the expropriation of 51% of the share capital of YPF, represented by an identical stake of Class D shares owned, directly or indirectly, by Repsol YPF S.A., a Spanish integrated oil and gas company. The national government and the Argentine provinces that are members of the Federal Organization of Hydrocarbon Producing Provinces now own 51% and 49%, respectively, of the YPF shares subject to the seizure. This particular measure also sparked a strong international condemnation and had a significant negative impact on foreign direct investment in Argentina as well as restricted more the limited countrys access to international capital and debt markets. In response to the nationalization of YPF by the Argentine government, the European Union Commission threatened with the imposition of commercial sanctions (i.e. unilateral tariff preferences to Argentina). However, during February 2014, the Argentine government and Repsol YPF S.A. agreed to a compensation of $5,000 million payable in Argentine sovereign bonds to compensate Repsol YPF S.A. for the seizure of the YPF shares. This settlement was ratified by Repsol YPF S.A.s shareholders and by the Argentine Congress through a law passed on April 24, 2014.
We cannot assure you that the Argentine government will not continue to interfere or increase its intervention by setting prices or regulating other market conditions. Accordingly, we cannot assure you that we will be able to freely negotiate the prices of all our Argentine products in the future or that the prices or other market conditions that the Argentine government might impose will allow us to freely negotiate the prices of our products, which could have a material and adverse effect on our business, results of operations and financial condition.
During the Argentine economic crisis in 2001 and 2002, Argentina experienced significant social and political turmoil, including civil unrest, riots, looting, nationwide protests, strikes and street demonstrations. Despite Argentinas economic recovery and relative stabilization, social and political tension and high levels of poverty and unemployment continue. In 2008, Argentina faced nationwide strikes and protests from farmers due to increased export taxes on agricultural products, which disrupted economic activity and have heightened political tensions.
Future government policies to preempt, or in response to, social unrest may include expropriation, nationalization, forced renegotiation or modification of existing contracts, suspension of the enforcement of creditors rights, new taxation policies, including royalty and tax increases and retroactive tax claims, and changes in laws and policies affecting foreign trade and investment. Such policies could destabilize the country and adversely and materially affect the Argentine economy, and thereby our business, results of operations and financial condition.
The Argentine government may order salary increases to be paid to employees in the private sector, which would increase our operating costs.
The Brazilian government frequently intervenes in the Brazilian economy and occasionally makes significant changes in policy and regulations. The Brazilian governments actions to control inflation and other policies and regulations have often involved, among other measures, increases in interest rates, changes in tax policies, price controls, currency devaluations, capital controls and limits on exports and imports. We may be adversely affected by changes in policy or regulations...
We are a Luxembourg corporation (socit anonyme) and it may be difficult for you to obtain or enforce judgments against us or our executive officers and directors in the United States.
To make matters worse, Last year MSCI downgraded Argentina from "emerging market" to "standalone," which caused AGRO stock price to take a 9% hit. AGRO will experience fewer capital inflows as a result of this downgrade.
On the bright side, Argentina and the IMF recently agreed to a credit facility extension. This measure is intended to stabilize the Argentinian financial situation. I suspect the agreement will change little in the way of economic prosperity and is likely another link in a long chain of economic failures by the country's government. But at the very least there is some international pressure to take responsibility and additional nationalization will not be viewed favorably.
Adecoagro is a quality farmland company that is performing well. In the best case scenario the Argentinian and Brazilian governments do not interfere with AGRO through debilitating taxes, tariffs, price controls, or expropriation. In that case I would expect the stock to perform well. It currently trades at an adjusted P/OCF of 4.09x which is below the 8Y average of 4.98x.
FAST Graphs
Using data from FAST Graphs I have created the following chart which illustrates the expected return over 1Y and 2Y time-frames at different price to cash from operations multiples. The size of the circles represents the probability of occurrence according to my judgement in the best case scenario. In that case, I expect total return CAGR of 20-40%.
Chart by Author (Data from FAST Graphs)
AGRO is the epitome of "you get what you pay for." The company is performing, the farmland is cheap, and current commodity markets are supporting strong cash flows. They have an ideal combination of diversification, integration, and low cost of production.
Enter, Atlas Shrugged.
If governments get involved investors will be lucky to breakeven. There is no limit to the amount the losses could be. Higher commodity prices lead to higher profits which lead to more scrutiny. The rising cost of food is alarming and social unrest should be expected. And with it, higher risk.
We should acknowledge that this geopolitical risk has existed for the entire 11 years since the company's IPO and that has not prevented AGRO from outperforming the S&P 500 over the last three years, not an easy task. It's also worth noting that 6 out of 9 farmland stocks we looked at have exposure to Argentina, Brazil, or other South American countries with similar geopolitical risk. Because of this, I've decided to start taking a closer look at ALCO.
Data by YCharts
I cannot disagree more with the SA Quant Ranking of "Strong Buy." I'm really tempted to call this one a sell. The only reason I'm not is because I have yet to see signs of imminent government intervention. Therefore, I will hold onto my very small position in AGRO as a highly speculative part of my commodities portfolio. It is adrenaline-inducing to say "I own farmland in Argentina."
I'll be watching governments carefully with one finger on the sell button.
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Adecoagro: The Most Inexpensive And Speculative Farmland One Can Buy - Seeking Alpha
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The UK’s trade deal with New Zealand is a baby step. We need a giant leap – Open Democracy
Posted: at 8:27 am
After leaving the EU, the UK government set out an ambitious plan to agree trade deals with a large number of countries.
The deal with New Zealand, which was signed last month, is the second of the new agreements. As it happens, the deal was concluded on the same day that the IPCC released its most recent report, with further stark warnings about the negative impacts of climate change.
We know that we need all the tools in the box to prevent the worst of global warming, and trade rules have significant impacts in key areas like energy and agriculture, so how does this deal measure up to the climate test?
New Zealand isnt an obvious first choice as a trade partner: it ranks 55th in the list of countries the UK does trade with, with a relatively small economy and low tariffs, and, frankly, its very far away. In fact, the economic benefit to the UK from the New Zealand deal will be negligible.
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One scenario modelled in the impact assessment predicted the deal could in fact cause the UKs economy to contract by 0.01%. The assessment released with the final text, in which the government decided to use a different modelling specification to calculate the impact, predicts an increase of 0.03% to GDP over the next 10-15 years, and thats based on what some commentators have called an exaggerated economic forecast. By comparison, the latest estimates from the Office for Budget Responsibility predict Brexit will reduce UK GDP by 4%.
So why did the UK pick New Zealand as a priority? This question would be far easier to answer if the UK had published a trade strategy, which it hasn't.
However, it is clear that the deal is driven in no small part by New Zealands membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between 11 countries around the Pacific Rim. The UK applied to join the agreement last year, as part of its Indo-Pacific tilt, unveiled in the Foreign Office integrated review, Global Britain in a Competitive Age. The deal with New Zealand is therefore more important as a stepping stone towards these broader aims than it is as a source of trade benefits.
So what visible difference will the deal make to those living in the UK? One outcome of trade deals is a reduction in tariffs which can lead to reduced prices for consumer goods. This is probably the most tangible effect the trade deal will have. A substantial proportion of UK imports from New Zealand come from the food and drink sector, so UK consumers could stand to benefit from cheaper Kiwi goods.
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COVID infects hundreds of public transport workers in New Zealand – WSWS
Posted: at 8:27 am
A train in Wellington station. (Wikipedia)
The Greater Wellington Regional Council (GWRC) in New Zealand, and the private companies which it contracts for bus and train services, are refusing to implement safety measures that are urgently needed to stop the spread of COVID-19.
Stuff reported on March 11 that over 190 Wellington public transport bus, train and harbour ferry workers had been infected in the past week. There are five main public transport companies contracted by the council: NZ Bus, Tranzit, Uzabus, Mana Coach Services and rail operator Transdev.
About 400 public transport workers in Auckland were off work because of COVID, the New Zealand Herald reported yesterday. About 15 percent of services in NZs biggest city were cancelled as a result.
The rapid spread of the virus is also impacting on travel between the North and South Islands. The Interislander ferry cancelled two passenger services on March 6, affecting over 900 passengers, after 55 workers tested positive and began self-isolating. Some passengers who were waiting to board were forced to sleep in their cars. The competing Bluebridge ferry also had positive cases, but no services were cancelled.
During the temporary lockdowns imposed by the Labour Party-led government in 2020 and 2021, public transport workers worked on a reduced timetable, with safety measures including passenger limits and physical distancing.
Prime Minister Jacinda Ardern announced the end of its elimination policy in October last year, against the advice of epidemiologists and public health experts. Like governments around the world, Ardern promised big business there would be no more lockdowns or any measures that would significantly disrupt profit-making. The government is telling the population they must live with the potentially deadly virus circulating in the community indefinitely.
The result is a worsening disaster, with more than 20,000 cases being reported per day. There are more than 209,000 active cases. Yesterday, 856 people were in hospital and there were seven newly reported deaths, the highest-ever daily figure for New Zealand.
There have been 98 COVID-related deaths in total during the pandemic, according to the Ministry of Health. The figure has more than tripled since last year.
Scott Gallacher, general manager of the GWRC public transport agency Metlink, told Stuff, we expect many more workers to become infected as the pandemic reaches its peak.
The council has taken no action to improve safety and is encouraging workers to view infection as inevitable. It is refusing to implement a reduced timetable, or to reintroduce social distancing on public transport. Despite this, many trains are already running half-empty or well below seated capacity as passengers choose work from home, or are in self-isolation.
Transdev, a French-based multinational company that runs passenger rail services in Wellington, has refused to reinstate safety measures used during the last two lockdowns. This included red tape separating on-board staff from passengers, instructions telling passengers to distance from each other, and limits on passenger numbers.
Train managers and passenger operators are still expected to handle cash and clip tickets from passengers despite the obvious risks. Some workers told the WSWS that they have heard the council will only implement a reduced schedule for train services in the event that 30 percent of staff are incapable of working.
Onboard staff faced significant risks in recent weeks when many unmasked and unvaccinated passengers took the train to and from the far-right protest at parliament. Many protesters tested positive for COVID.
Transdev workers have not been told how many of their co-workers have tested positive. Cases are already disrupting services. Stuff reported: The Johnsonville Line train service stopped operating on Thursday at 3.30 p.m. when one of its drivers called in sick.
The company has attempted to sow complacency about vaccination by only requiring workers to have their first shot of the Pfizer vaccine by January 31 and their second shot by March 11. Three shots are needed for significant protection from Omicron for serious illness and death (even then, the vaccine is not 100 percent effective).
Workers are required to wear masks, but are only given inferior surgical masks. Workers have to buy their own N95 or other superior masks.
The governments grossly inadequate mitigation measures guarantee the spread of Omicron in trains and buses. The new mantra is personal responsibility, not the responsibility of the government and employers to place workplace safety over profits.
Thousands of people, including transport workers, are now self-testing with rapid antigen tests (RATs), and are told to self-report their results.
Transdev is enforcing the governments new self-isolation rule, which only requires workers to stay home for 7 daysdown from 10if they test positive or live with someone who has COVID. Professor Michael Plank, a COVID-19 modeller, recently told Radio NZ that research from the UK showed that about one in six people remain infectious for longer than 7 days.
The rail company continues to refuse to pay special leave for workers with COVID. Those that test positive are forced to use sick or annual leave in order to isolate, or rely on insultingly low government support weekly payments of around $300 for part-time workers and $600 for full-time workers.
Rail workers are being hit by soaring living costs, with inflation already at 5.9 percent and set to rise further. The 20192022 Multi-Employment Collective Agreement (MECA) between Transdev and Hyundai Rotem (its maintenance subcontractor) and the Rail and Maritime Transport Union (RMTU) is due to expire on July 3 and workers are demanding a pay increase of 810 percent or more. Staff are incensed that Transdev has delayed paying their holiday pay entitlements for the period 2019 to the present.
The immediate issue facing all public transport workers is that the trade unions are enforcing the Labour governments let it rip agenda. The RMTU, which helps fund Labours election campaigns, has remained silent on the COVID surge among Wellington rail workers. Transdev says that it is working in close consultation with the union.
The unions have mounted no industrial campaign to demand the shutdown of nonessential businesses and schools, as part of a properly-funded elimination strategy. The experience of China, and New Zealand in 20202021, prove that this is the only way to stop significant levels of illness and death.
In an open letter to New Zealand rail workers, published on February 1, the Socialist Equality Group (SEG) called on them to form new organisationsrank-and-file safety committees, independent of the trade unions. These committees would forge links with other workers, in NZ and internationally, to fight for policies needed to stamp out COVID and save lives.
To make trains safe for workers and passengers, the SEG proposed the following demands:
Only triple-vaccinated staff can work on trains and at stations. Those not yet fully vaccinated to be placed on furlough, on full pay.
Workers with pre-existing health conditions that place them at greater risk from COVID must isolate at home, on full pay.
No one to work without an N95 mask, or one offering an equivalent level of protection.
A return to strict physical distancing of workers from passengers, and passengers from each other. Passenger numbers should be strictly limited to ensure safe conditions on carriages.
All passengers must wear N95 or similar masks. Transdev and the GWRC must provide masks for free to all who need them.
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Arderns Labour party slips to second in New Zealand polling for first time since pandemic began – The Guardian
Posted: at 8:27 am
For the first time since the start of the Covid-19 pandemic, the Jacinda Ardern-led Labour party has slipped from being New Zealands most popular and been overtaken by the right.
A new TVNZ/Kantar Public poll found the centre-right National party had surged by seven points to 39%, compared with Labours 37% making it Labours lowest result in the poll since it was elected in 2017.
The result follows a turbulent month in New Zealand, with Covid cases spiking, violent protests outside parliament and steeply rising living costs. The country has been dealing with widespread Covid-19 for the first time in the pandemic, recording more than 20,000 cases a day and 773 people in hospital.
Polling was conducted in the days when police broke up a weeks-long anti-vaccine-mandate occupation of parliament grounds. The protest descended into scenes without recent precedent in New Zealand: protesters lit large fires around parliament, allegedly attempted to burn down the local law school, and hurled chairs, bricks, tables and bottles at police. Forty police officers were injured.
The country is also reckoning with rising cost of living: the annual inflation rate is now at 5.9% and ASB economists have forecast it may hit 7% in the first half of the year. Already-rising petrol prices have spiked amid Russias war on Ukraine, with the price at many petrol stations hitting $3 a litre. According to the poll, economic optimism in New Zealand was slipping: 28% were optimistic about the economy and 53% pessimistic.
Current polling would place traditional left and right coalition partnerships neck and neck: if National combined with the libertarian Act party, they would hold 59 seats, compared with the left Labour-Greens bloc of 58. The balance of power would fall to the Mori party, which holds three seats and has previously formed coalitions with both Labour and National.
In the preferred prime minister stakes, Ardern still held an edge: polling at 34% against the relative newcomer National leader Christopher Luxons 25%. But that result still marked a significant drop for Ardern, down from 58% at the close of 2020. Luxon, meanwhile, has climbed from 17% in January the first Kantar poll after he took the partys leadership in November. When participants were asked to choose directly between the two, there was only one point between them: 46% chose Ardern and 45% Luxon.
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New Zealand to ramp up Russia sanctions with first of its kind law – The Guardian
Posted: at 8:27 am
New Zealand will rush a bill through parliament this week that will significantly ramp up its sanctions against Russia and its oligarchs, in line with its western allies.
The Russia Sanctions Bill is the first of its kind in New Zealand, which has no legal framework for passing broader, unilateral sanctions and usually only does so when called on by the UN security council. As a permanent member of the body, Moscow has vetoed any action against it.
A bill of this nature has never been brought before our parliament, but with Russia vetoing UN sanctions we must act ourselves to support Ukraine and our partners in opposition to this invasion, the prime minister, Jacinda Ardern, said.
The country initially responded to Russias invasion of Ukraine with targeted travel bans, prohibiting exports to the military and suspending bilateral ministry consultations.
We have said throughout our response that no options were off the table, and that wed continue to do more in line with New Zealands unequivocal opposition to Russias actions, Ardern said. Despite international condemnation and the resilience and resistance of the Ukrainian people, Russias assault continues, and so must our pressure.
The new sanctions would enable the government to freeze assets located in New Zealand and prevent those sanctioned from moving assets to the country or using its financial system as a back door to get around sanctions imposed by other countries, Ardern said.
The new law would also allow for sanctions to be imposed on states that were complicit with Russia, including Belarus.
Sanctions could also apply to trade, and financial institutions, as well as stopping the likes of Russian super yachts, ships and aircraft from entering New Zealand waters or airspace.
The minister of foreign affairs, Nanaia Mahuta, said New Zealand had decided that a targeted sanctions bill is required to show condemnation in the strongest possible terms.
New Zealand continues to call on Russia to do what is right and immediately cease military operations in Ukraine and permanently withdraw to avoid a catastrophic loss of innocent life.
The governments media release included a list of more than 100 individuals who would be affected by the governments travel bans.
The prime minister also said she would continue to consider a broader autonomous sanctions law, which would allow the country to unilaterally impose sanctions. That would be a turnaround for the government, which has twice shot down such a bill put forward by the opposition National party over concerns that the bill failed to adequately cover cybersecurity and human rights abuses.
Fast forward to this situation, that bill as it stood was not fit for purpose for what we needed to do, so weve created our own bespoke response, and now well continue the wider autonomous sanctions work, Ardern said.
New Zealand has been under increasing pressure to increase its response, as other western nations draw on powers in Magnitsky laws, which, like the sanctions announced on Monday, target corrupt officials and human rights offenders.
The architect of the USs Magnitsky Act, Bill Browder, told RNZ on Monday that he was surprised New Zealand had not yet stepped up its response.
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Taylor to turn out for New Zealand XI against touring Netherlands – ESPNcricinfo
Posted: at 8:27 am
News
Michael Bracewell will lead the NZ XI side in the warm-ups; BJ Watling to be among coaching staff
Taylor was ruled out of the Plunket Shield round that started on Friday, for Central Districts, for being a Covid-19 "household contact", but he will feature in the second warm-up match on March 19 as well as the only T20I against the Netherlands on March 21, both in Napier.
"I'm looking forward to getting down to Napier and playing on one of my favourite grounds in McLean Park," Taylor said. "It's a great opportunity to get some time in the middle after missing the latest round of the Plunket Shield, and it will also be useful to have a look at the touring team ahead of the ODI series.
Kane Williamson, Finn Allen, Trent Boult, Devon Conway, Lockie Ferguson, Jimmy Neesham, Adam Milne, Daryl Mitchell, Glenn Phillips, Mitchell Santner, Tim Seifert, Tim Southee
"I'm looking forward to sharing the dressing room with some new and younger faces who I hope I can help by passing on some knowledge.
"The Netherlands are an ever-improving side and they'll be relishing the chance to take on a Test-playing nation. They have a few familiar players from the New Zealand domestic scene who I'm sure will be valuable to them in terms of understanding the conditions."
Sears has already had a taste of international cricket by playing two T20Is in Bangladesh last September. Bracewell had to turn down his maiden New Zealand call-up on the same tour because he awaited the birth of his first child, and Cleaver is yet to be included in a New Zealand squad.
The two warm-up games against the Netherlands will be played behind closed doors at McLean Park on March 17 and 19, followed by a one-off T20I on March 21. Netherlands will then take on New Zealand in a T20I on March 25, followed by the ODIs on March 29, April 2 and 4.
New Zealand XI squad: Michael Bracewell (capt), Matt Bacon, Matt Boyle, Josh Clarkson, Dane Cleaver (wk), James Hartshorn, Mitch Hay, Jayden Lennox, Angus McKenzie, Jock McKenzie, Tim Pringle, Ben Sears, Jesse Tashkoff (game 1), Ross Taylor (games 2 and 3)
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New Zealand champion Olivia Ray dropped by team with USADA investigation underway – CyclingTips
Posted: at 8:27 am
New Zealand national road champion Olivia Ray has been released by her Human Powered Health team following code of conduct violations, according to sources close to the team.
Ray was quietly removed from the list of riders on the Human Powered Health website this week, and she no longer appears on the UCIs list of riders registered to Human Powered Health. Multiple requests for comment from the team throughout this week have gone unanswered.
CyclingTips understands that the US Anti-Doping Agency (USADA) has opened an investigation into Ray; USADA declined to comment due to an ongoing case. As of Friday, Cycling New Zealand had not been notified of any investigation or suspension.
The 23-year-old Auckland native is the current New Zealand womens road race champion, having taken the victory in tempestuous conditions last month. Ray has also held multiple national titles in criteriums and on the track.
Ray joined the US-based womens team Human Powered Health then known as Rally Cycling in 2021, and was one of three riders retained for 2022 as the team made a jump up to WorldTeam level. According to ProCyclingStats, she was slated for upcoming race starts at the Ronde van Vlaanderen and Brabantse Pijl.
Those plans have, obviously, now changed.
Ray has been based in the US since mid 2017, where she studied and raced while on scholarship at a college in Georgia, honing her strength as a criterium rider on the vibrant US crit scene. Since signing with Rally (now Human Powered Health) in late 2020, she hasraced with the team twice at UCI level the Setmana Ciclista Valenciana, and the Joe Martin Stage Race, both last year although she raced multiple crits throughout 2021. In articles for her teams website, Ray spoke about the virtues of body positivity: I think we get stuck on an ideal image, the holy grail of a particular body type, she said.
Rays most prominent win to date came in late October 2021, when the young New Zealander rocketed to victory as the winner of the Into the Lions Den Crit the most lucrative in the US which netted her US$15,000.
The aftermath proved more newsworthy than the win, however.When Ray questioned the delayed payment of the prize money in early December, an ugly spat erupted in which members of the L39ION of Los Angeles team of event organiser, Justin Williams, publicly shut down her concerns. [Williams has confirmed that prize money has since been paid out.] Ray apologised for her comments on social media, while there was speculation that she had been forced into backing down.
In the wake of that event, Rays Instagram and Facebook accounts fell inactive. As of this week, they have both been shut down, along with her Strava profile. VeloNews reports that she did not attend a January team training camp in Portugal.
That Lions Den Crit drama appears to have fallen in the midst of a particularly volatile period in Rays life.
Court documents for a January 11, 2022 family violence hearing in the Superior Court of Gwinnett County, Georgia, show that Ray was called as a witness in support of her boyfriend, Jackson Huntley Nash also a cyclist, racing for teams on the USA Crits circuit.
Nash was attempting to secure a protective order against a former girlfriend of his, Madeline Pearce another cyclist, who was at the time a close friend of Rays on the basis that Pearce was stalking him. [The judge found a complete lack of evidence with respect to any stalking in nature.]
A large part of the case centered around Pearces apparent attempts to help Ray escape from an abusive relationship with Nash [Nash denies any abuse]. On December 9 during the same week that the controversy around the Lions Den payment was at its most intense Ray reached out to a domestic violence hotline, according to court documents.
On December 15, Pearce helped Ray pack to leave Nashs house whilst he was out, and Ray also filed a police report. Two days later, Ray sent her a message saying that you saved my life multiple times. Im sorry its got you caught up into it.
On December 17, Pearce filed a SafeSport complaint against Nash. Ray followed suit a day or two later, alleging that he had strangled her and had left her with bruises on her legs and hip.
By January, however, Ray had reconciled with Nash and in her witness testimony against Pearce, Ray recanted, claiming that she had been coerced her into making the complaints.
Ray claimed that her call to the domestic violence hotline was false, that she had lied in both her police report and SafeSport report, and that Nash was the sweetest guy Ive ever met.
[The judge noted, in her closing remarks, that she found Rays testimony to be troublesomeI dont believe she made that up. Shes obviously filed a police report and took the necessary steps to protect her safety, the judge said.]
Also uncovered in the Nash vs Pearce case were photos taken by Pearce on December 15 which apparently showed the presence of anastrozole, clenbuterol, testosterone, and syringes in the bedroom Nash and Ray shared at that time. Nash denied using anastrozole (although admitted he had a prescription) and said that he had never heard of clenbuterol; he declined to respond at risk of self-incrimination about whether there were syringes in his house. Nash has not been sanctioned by USADA.
According to Pearce, after Ray had fled his house Nash had called and given Ray an ultimatum that she was to respond to him within 15 minutes, otherwise, he was going to file a report against her. Nash admitted in court to calling Ray the biggest piece of shit Ive ever met and threatened to find every single old text I have of yours and then fucking kill myself after I get the tip off.
Text messages that were purportedly between Ray and Nash screenshots of which have been viewed by CyclingTips appeared to show a discussion on how to avoid detection for performance-enhancing substances. The two discussed timing the use ofAnavar an anabolic steroid so that it would not be detectable in time for a blood test at a January training camp. The texts also appeared to refer to substance side effects and clenbuterol: for clen, jitters get easier, sleep is easier too.
When Ray forwarded these incriminating messages to Pearce at the time of the breakdown of her relationship with Nash, she annotated the message this is what he has.
As a professional athlete, Olivia Ray is required to abide by both team standards and the sports anti-doping rules. But there are some particularly troubling details about this case that add shades of grey to what is, in the eyes of sporting bodies, black and white.
Based on Rays testimony in the court case involving her boyfriend, Nash, she appears tohave either lied on the stand or lied in reports to SafeSport and the police. That case also casts doubt on Rays autonomy, and raises serious questions as to whether she was or remains in an abusive, coercive relationship and the victim of domestic violence.
Troubling, too, are suggestions in the court casethat Human Powered Health knew details about Rays situation as far back as December last year. Pearce claimed that Rays director had advised her to file a police report against Nash; Nash claimed that Rays team had threatened to fire her because of an anti-doping investigation.
Months later, the team quietly dropped Ray from its roster and failed to respond to requests for comment.
In the wreckage lies the cycling career of a 23 year old woman. There is some finality in that, perhaps, but questions remain.
Caley Fretz contributed reporting.
Resources-USA: National Domestic Violence Hotline at 1800 799 7233 -NZ: Its Not OK at 0800 456 450-Australia: White Ribbon Australia at 1800 737 732
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New Zealand champion Olivia Ray dropped by team with USADA investigation underway - CyclingTips
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Irish family living in New Zealand forced to leave due to daughter’s disability – Irish Mirror
Posted: at 8:27 am
An Irish family living in New Zealand are being forced to leave because their daughter has been refused residency.
Ruby OConnor, who lives in Christchurch with her parents Kerry Hayes and Bryan OConnor and baby brother Leon, has a rare genetic disorder called TBCK.
There are less than 70 known cases worldwide, and four-year-old Ruby is the only child in New Zealand living with the neurological condition.
Her heartbroken parents have been left disgusted with New Zealand authorities who they say are turfing them out of the place theyve made home.
Kerry, 34, told the Irish Sunday Mirror: This battle over residency is going on four years, since she was born.
We are nothing to the immigration authorities, just a number. Shes just not wanted even though she was born here.
Weve paid thousands of dollars in tax every year even our taxes would cover [the cost of] her healthcare, but they dont see that.
Kerry, Bryan and baby Leon have been told they can stay in New Zealand but Ruby cannot because of her disability and the cost of her medical needs.
Prime Minister Jacinda Ardern said individual stories were hard but she added: We have a universal public health system.
Once you are here on long-term visas you receive that free care, so we need to make sure can continue to provide that free care, well, to everyone.
Kerry and Bryan emigrated in 2013 and have put down roots, living next door to another Irish couple whose youngest child was born around the same time as Leon.
Beauty therapist Kerry said: People are shocked because Bryan came here for the rebuild after the earthquake when the city was in need.
We put in hard years rebuilding Christchurch when a lot of New Zealanders were upping sticks and going to Australia.
We could have been somewhere else in the world especially when we were young, in our 20s, we could have gone anywhere.
But we did it anyway and settled here and its like you just get a slap in the face for it.
Life-limiting TBCK causes intellectual disability, epilepsy and developmental delay, and Ruby needs round-the-clock care.
Serious bouts of pneumonia left her fighting for her life in ICU. But shes described as a little girl with an infectious laugh.
Kerry said: She is such a beautiful natured child. She never complains and is always laughing.
A GoFundMe to help with providing Rubys specialist medical equipment here in Ireland has so far raised EUR42,000.
The family are now isolating before they board an Emirates flight to Dubai on Tuesday and then a Quantas flight to Dublin.
Kerry said: Weve moved out of the house to isolate in an Air BnB and its sad, because we cant say goodbye to any of our friends.
The flight is going to be stressful, if Ruby gets Covid shell end up in ICU, but we really cant wait to just leave now.
Im really keen to get my feet standing on Irish soil, I feel like well relax when we get back home.
Once home the family will move in with Bryans parents in Kerry because they havent been able to secure a rental property.
They also face the challenge of getting Ruby registered for healthcare in Ireland as she was not born here and has no PPS number.
Kerry said: Weve packed away our life here. We gave away all our stuff for free.
I feel like weve closed the door to New Zealand. I couldnt imagine ever coming back.
I dont think Id want Leon growing up in a place that turned its back on his sister because she has a disability.
Shes still a human being. If she had no disability shed have had residency as soon as she was born.
Its like theyre Nazis, they just want to push anybody that is different out.
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Irish family living in New Zealand forced to leave due to daughter's disability - Irish Mirror
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