What's up everybody, Wednesday, September 23rd with your day trading update. A couple things to point out here. One, you can see I've made a lot more trades today than is normal, which I do not like. I like to keep them a little bit less frequent here, but I got caught up. I got done trading about 12.30 today central time, but a couple of the extra trades here. We've got the Micro 6B, that's the British pound, the Euro, and the QM, which is the micro oil contract. So I was kind of testing these out, a couple scratches there, but oil was a big loser. These micro's are actually decent size still. They're not like the Micro ES or M&Q or anything like that. So they actually move, did take a decent size loss on there. But like I've said before, and I'll say it again, P&L is your only truth. So I could sit here and say, yeah, but I've never traded that before, and I was just testing so that $812 loss doesn't really count. Well, guess what? It is out of my account, so it counts. So that's part of the deal. But total profit overall today is $816.51.  Had a little winner in Apple, my biggest winner in Amazon, Boeing, a small winner, BABA, small winner, beyond a small loser, a couple of almost scratch trades in Facebook and MU, nice winner in Netflix. So Nike, I actually meant to do this in a separate account. This is actually not a day trade. This is one that I put on as a post earnings trade like we teach in our class. So I'll be holding this for a few days. So that's not part of our day trades.  So those are all the trades, plus $816.51 on the day. Let's take a look and see what we did. Let's just start with the, let's start with these micros, because we're going to be watching these futures more and placing trades with them as well. When I was looking at this, I had this big move this morning before the market opened, then it started consolidating below the low of yesterday. And I was trying to catch this, catch this down move. It actually flushed me out. It actually did the move, but it flushed me out first. So I just took a little loss on that one. And then on QM, let's look at oil. So an oil had this, had this big move up here, kind of in the late morning, 940, started to consolidate. I was looking for a continuation to the upside and it just flushed me out. So I tried to get back in after this big move and try to see if we get another continuation and it flushed me out again. So I took a couple losses in oil.  I did do a Paris trade in the Nasdaq and Dow. I was short Nasdaq, Long Dow, booked a couple hundred bucks on that one. Apple, let's take a look at Apple. I got a little downside runner in Apple. So when it started came down and consolidate, market started weakened. I got a little piece of this right here. And then Amazon, my biggest winner, caught a couple pieces in Amazon. So it was week all day. I was talking about this in the, in the room that I wanted to get short Amazon. And when it finally kind of cracked below this pivot and started consolidating, and then the market really took on some weakness, caught a piece of that. And then I caught another piece here when the market started to break down. So a couple of nice little trades in Amazon. Boeing had a small winner in Boeing. This was one that we did while I was in the room. I think I took it off after we left, but it was weak. I got, took a short runner.  I left some on and then it started to flush me out. So I just, I just went ahead and cut my losses and actually not, not cut my losses, but I booked a small winner. Uh, Baba, I caught a little piece of this right here in that early afternoon. So when, when things started to break down, the market started to break down, it popped up.  And what I did here was I was looking for a downside runner when we had this big push lower, broke the lows of the day and it started consolidating. I tried to get short here, but it just pushed me up and flushed me out before it turned down. So I ended up taking a loss even though it did what I wanted it to do.  So let's see what we did here in Netflix. Netflix was really weak out of the gate, consolidated, caught a little piece of this. And then, um, yeah, I guess that was it. I just caught a little piece of that. Uh, let's see, Nvidia, Nvidia was a loser. I was trying to, I was trying to catch a piece, when it started to consolidate here, I was trying to catch a down move and it just kind of flushed me out. So I just cut my losses there again, ended up turning down. It would have been a nice winner, but that's not, can't trade in hindsight because that's not what I was seeing at the time. Peloton, a little scratch, I tried to catch some upside. I actually had a decent winner in Peloton and then it came back down. I had, uh, I caught it right here and I had a nice winner. And then I was holding for some more. I did scale out of a little bit, but then I held a good chunk and it just came down. So I ended up just taking a scratch on that trade. And then Tesla, Tesla, I tried to catch a little downside and it kind of flushed me out again. It did turn down, but a little, a little too late. And then Twitter, a nice winner in Twitter. Now Twitter, I put on as a runner, but Twitter did not really run. It pretty much just walked, but it turned out to be a nice winner, $372 winner. I mean, this thing just, it did not make a nice push higher like we thought it would, but man, this thing just grinded, grinded, grinded higher all morning and just kept giving profits, profits, profits. And I just scaled out, scaled out as it went up and ended up taking my, had started to see some downs. So I got rid of my last one about right here towards the end of day, about 1230. And then lastly, Uber. I was trying to get long Uber when the market was, couldn't decide what it was going to do. I thought it may be strong, maybe weak, but it, it came down into negative territory and then bounced up, started consolidating, pushed higher, consolidated here. And I caught a little bit of this. So I was up on the trade, but then it just flushed down with the rest of the market. So I ended up taking a loss on that. All in all, good day, $816.51. We are not going to be live streaming tomorrow on Thursday. We'll be back live on Friday. So hope everybody has a great couple of days and I'll catch you then.


Here, this calf market has surprised the heck out of all of us. Who thought a year ago, when you sold $1,000 steer calves, we'd be talking about $600 steer calves this year? Nobody. It couldn't happen, could it? Well, it did. What happened to those $1,000 calves you sold to some feeder who put them on feed and fed them for 200 days? He didn't do so good. So he ain't so happy to buy them again, is he? So it's a little bit kind of a bad situation. Like Carl mentioned, feed is pretty cheap. So we got a real weak market, lack of buyer interest, and cheap feed. Bund and hay, some salvage feeds like this scabby wheat, low interest rates. So we're going to start thinking about what should we do? Let's not sell the day. Tomorrow could be a lot better market. How many of you believe that? It's going to be a lot stronger if we just hold off a while. Can it go down further? It could. We've dropped so much now. I think we're starting to find a little floor, but I won't say it is the absolute. But I think waiting to market, hoping for a significant price recovery should not be your strategy, because if we look at future prices out, that's not the trend. Can we feed to heavier weight, create more gross dollars, and maybe market to our home, our hay, that doesn't really sell for much money unless we put it into a calf and make pounds out of it? And can we get some margin out of that? Yeah, I think we can. Carl's already showed you some examples. Looks like there is some return to that. You got low cost, abundant feed at home. You got calves at home that are being undervalued in today's market.  Hopefully above the feed value, there's even a little margin for you. And that's what we're going to talk about. And then I always kind of look for, where are the sweet spots in these markets? If we're going to feed calves, hold calves, do stuff with calves, we have to have a target in our mind of what weight do we want to get to, and what months or time do we want to sell them? I can't seem to find the expertise to tell me when that exact moment is. But I've noticed over time, there's kind of a sweet spot for green feeders late in the year for guys who want to go to grass with them. So if you're calving really late, and you got these June calves, what do you do with them? Well, maybe just target a market green calf market. The other sweet spot that's starting to show up as more people calve late, the heavy calf in October is getting to be a premium calf. Or a calf that can finish in an April finishing slot. So if you got calves that might fit that, don't slow them up. Feed them hard enough, heavy enough and give them to town quick enough so they get that market premium. Other than that, I'll let Tim fill you in on the next sweet spot. Risks. Well, it's a lot of people don't want to feed calves because, you know, there's too much risk. If they're your own calves, you got a good herd health program you vaccinated, your cows have a mineral program and you feed them well, you shouldn't have too much health problem. If you're putting co-mingled sale barn cattle together to be a cattle feeder, you got to have another set of skills. Identifying calves before they know they're sick, treating them and all that stuff. Poor performance. Carl mentioned if we don't have a ration put together right, we're missing an ingredient, too little protein, out of balanced calcium, we can get poor performance and then we get a poor return on our feed. And the one we're afraid of most years, and we should have been damned afraid of two years ago, when we could get $1,500 a calf, we background and the market go down in the three month period we're doing it. This year we're starting out at a pretty low place. I don't think she's gonna collapse, but we can talk about protecting that too. The really, really good managers would know what year's to do this. Huh? Look at, back in 10 they made 70 bucks a calf backgrounding, 2014 cost you five bucks. On average it's about 30 bucks. You do it every year, long haul, you're gonna make about 30 bucks. Above your feed, above your yardage, to background a calf. Let's talk about where we think 16 might be. Well, before we can do that, we gotta at least figure out what there was today if we just sold them. Anybody go to sale Monday, watch any calf sell? Anybody actually pull up a computer screen and see what's happened today? Was it green or red or Christmas-y, both of them or what? Red. Kinda red, huh? It was green till 12th, 13th. This market is volatile. She's up in the morning, down the afternoon, down three days, up one day. I'm talking about the holiday hours and I said, for all I know when I was third talking, they could be down two dollars. It wasn't down two dollars, but it went down two dollars from the high of the day. But in making projections, you gotta have some feel for what you think you could get your calves. And we've got some people who have had on-farm buyers buy their calves for years and years and a couple of them have told me they won't commit and give them a bid. Well, you can always take them to an auction, get a bid. So we're gonna look at what auction prices. Have we sold enough calves in North Dakota to establish a market yet? This is last week, Tim provided me this summary. It's of KISS, Napoleon, Stockman's and West Fargo. Damn, your 10,000 calves sold last week. So we're starting to test the market. We're getting some localized values. These are the prices broken down by weight increments, 350 to 380, average 373, 143. This is all four markets grown together. So that was steers. This is halfers. And here I've just made it a little more readable. I wanted to see what these different weight classes were trading for. If you had 428 pound steers, they average a dollar, 36 a pound, $582 a calf. What's it cost to raise a calf nowadays? Hopefully less than that, but I doubt it. So then we go up to 528, $1.28 average price, $676 per calf. And that meant the extra 100 pounds you put on from here to here was worth 94 cents more. So if you can put a pound on for less than 94 cents, probably should feed it, shouldn't you? If we go up another 100 pounds to 618 pound steers, $1.21, 748. You know, we can still get $900 calves, but they're gonna have to weigh a bunch. The value of added weight is around 90 cents a pound. Heifers are selling at a discount in the fall like heifers always do. It's pretty consistent. The discount between light heifers and heavy heifers is about 14 cents. What will that discount be in February between the heifer and the steer? It'll probably shrink to less than 10, but there'll still be a discount. At finish, when they go to slaughter, what will be about zero then? So we got that to consider our spreads and our heifers and our steers, and we got our weight classes of cattle to think about which weight we can wanna feed or what they might be worth. In any of these weight classes, whatever, there are some pretty known value-added strategies that help you, market your calves. Load lots, load lots of uniform cattle. Well, some of us have that, some of us don't because of the scale we operate, but we can try to maximize it by managing a calving date or our breeding program. Two rounds of shots. I know people say they didn't pay him for his shots. I got it in the highest market and I didn't give mine any. There's exceptions, but generally, two rounds of shots gets you more dollars. Let's just go back to the market report. Okay. Who might as well give mine to? Yeah, go to the 550. Steers? Yeah, go to the 1085 you see down there. 124, okay, it's right there. That's the average. To 130, that is. A spread. $650, $750, that's $100 spread for the same calves and the same markets, the same date. The top is for the reasons John said and the bottom is for the things that work. Okay, so I'm said you want to be at the top of that range in those averages? These things we know do that. Now sometimes the things on the bottom do that. Natural source and age verified. I haven't seen as consistent of buyer interest paying more for some of that as they have the top things. So one of the things in there is weaned over a month. Now you can wean them in the market, it can crash in the month you're weaning and you lose out on it. But generally if the market's kind of stable, once they've been weaned for 45 days, there was worth more than a balling calf. Price per pound, same weight. Now, so we gotta talk about what they're worth today and we're gonna do some budgeting and planning. I'm gonna use that number, that market report, some of those values of added weight gain as my starting point. Then I gotta figure out what they might be worth later after I've held on to them for a few months, after I've made them bigger. And we can use the feeder futures as a little bit of indication of what our industry speculating and trading think they might be worth down the road. This is a basis of 800 pound steer. So if we're not gonna have 800 pound steer, we're gonna have heifers, we'll be back some dollars. If we're gonna have lighter calves, we'll be plus some dollars for the spread. So let's go out here to January. Get them past the first year, they're trading at 117, he said it might be down today, a couple bucks, maybe it's 115. That's a planning price for us to keep in mind. No, that was 117.7. Okay, well that's what it was Monday when I made this chart. It went up and went back down to, of course, again. Now we get out here in April and further out, I said the trend for cattle is not in your favor, because where are we going? We're down a few dollars, longer we go out. Does this mean this is what these calves are gonna be in April, January or March? Nobody knows, but we got people speculating they might be there and these are prices that with some strategies you can kind of lock in. At a cost, you can lock those in. I'm gonna use them for planning my budgets. Okay, in a budget, we have direct costs, overhead costs, these are the kind of costs I'm gonna assume and put in there. I've got the same feeds Carl was talking about at the same prices, so my rations are based on what he was just sharing with ya. And my conversion, so I can get a feed cost per pound a gain, I'm gonna put in a few other costs besides feed.  Now if you were doing it for somebody else, you wouldn't donate anything to them, you'd charge a higher rate. That would be full yardage cost. And I have an example of where some doing cat work for you, custom feeding, that's 40 cents. Just your own to cover some direct, 15 cents. I got interest at six, I got 1% of them dying. I got the average cost of a vaccine and a pour on and some antibiotic for the ones that got sick averaging 10 bucks a head. Now I only got a little bit of marketing and trucking cost because if you had to truck the calves off, sell them at weaning, you got a trucking and marketing cost. This is a little added because you got heavier calves to truck and a little more gross value for a little more commission. So I've just put in a partial addition for that, okay? Then I said, well, what am I gonna budget? Everybody's got different calving dates, different kinds of calves, different feed. I'm gonna pick a few scenarios because there's so many you can come up with and you'll probably have to do your own to figure out what's gonna work for you. We can feed heifers or we can feed steers. We can have light calves that we carry on and feed or we can take heavy calves and feed. We can feed for a high rate of gain like Carl was talking about that cheapens up our feed costs or we can drag him out to a grass market. We can feed all winter, we can feed for 40 days. So I picked a few scenarios to make a few budgets to give you a kind of a representation of how it looks for doing some of this stuff. This is what I call the traditional steer backgrounder. He's got October 24th yesterday when I did this. He's got 570 pound steers. That about what a lot of cattle would weigh. I looked at that market report, I said they're worth a buck 25 a steer. I am gonna feed him for 2.3 pounds a day gain. That's all I tend to get in my backgrounding program. That kind of realistic for most of you when I look at what a lot of backgrounders do, they're low twos. And then I say we're gonna feed him up to the end of January to 770 pounds. We're gonna put 200 pounds on him. It's gonna take us 87 days, 200 pounds of total gain. And that animal would have sold for 713. I added 114 worth of feeding costs to it. I got a 37 cent feed cost to gain. I got a 66 total cost to gain. I said those pounds of gain are worth what? 85, 90 cents. It's cost me what? 66, this should work, shouldn't it? I said it did work, $56. The break even was a $1.10. And when I went to that futures deal, it said 117 for January. And so I got some money. So if you believe that's how it could work, you might want to background some calves. Well, I thought, Tim said, do you want me to share with you my sensitivity analysis table? I said sure. And so what were we talking about? 125 calves, 117 outweights. I had 57, what did he have in his table? 55, two great minds thinking alike, maybe, huh? But he also showed in a table like this, if you could get a dollar 30 for that calf and that market was only gonna be a buck 10, not a buck seven, what happens pretty quickly? Shift either one of those a little bit, one way or the other, and we start to go out of the black zone into what zone? Losses. But for today, this is where we're at. Tomorrow, I'm not sure. Somebody said, 570 pounds steers, what kind of runts are you raising? My calves, I already got a calf weighing over 800 pounds. They're gonna average 650 or whatever. So I said, okay, let's see if you got some bigger calves. You got 620 pounds steers. They price out at a buck 21.  Let's put some more of that corn into them. Grow them at three pounds. But let's stop here when we get into eight weights. Let's not go to nine weights because it's too often when you go to nine weights, you come home from the deal and said, geez, I put the last 100 pounds on for nothing. The 880s are bringing more than the 950s. So we're gonna say this is good growthy calves that are capable of going to eight and eight pounds. We're gonna get them out the end of January. Total gain 260 pounds, animal started at 750. Yada yada, same thing, Carl, said you feed them harder and faster. Your feed cost per pound of gain goes down. Your cost of gain goes down. What happened to our profit? Went up, that's a good plan. Good growthy calves, take care of them. Keep them on track, get them to the April market. What could be the fallacy here?  We ain't giving you a buck 11 for those kinds at that weight. So if you don't have the right kind of cattle to take it, you should probably background it a lower rate of gain. But we got a lot of these cattle in North Dakota that can take it, too. I said, well, I know the market stinks today. If I can just wait a few months, I couldn't come back. But I can't feed, so I'm gonna hire someone to feed for me. I'll take them over to this lot. And he's gonna do a pretty good job with them. In the short feeding period, he's gonna average a nice gain. Only 55 days, taking them from 550 to seven. They're gonna be out here right before Christmas. Nice Christmas money coming in. But our lot charge went up and our ration cost went up because he's probably not gonna sell you his feed at cost to raise. He probably wants a little more margin. And he's not gonna donate some depreciation on his facilities. He's gonna want full yardage. So we have a little higher break-even, a little higher feeding cost. It was still profitable, but not as profitable. And then we have another scenario. Anybody read Beef Talk that Dr. Chris Ringwall writes, shows up in most papers? Okay, he says, go to June calving, May and June calving. Wean your calves in December. Hold them over a winter on hay or forage and go to grass with them the next year and then go to Oat and Pea and cover crop and then put them in a feedlot and finish them. And you can make a lot, a lot of money doing it that way. So I said, I don't know. These guys don't probably have the pasture to go do it with next year and they probably aren't gonna go to finish, but let's just take it through the backgrounding phase. Let's wean them not in October. Let's wait a little later. Leave them on the cow. These are late born calves. And they're not gonna be very big calves because they're late born. And we're gonna feed them all winter long. Not 87 days, like 165 days. I forgot to change something. And they're not gonna be done here in this budget till May when grass time comes around. Our feeding costs are fairly high because we're doing it a long time even though we're using cheap feed, $60 ton feed. How'd that pan out? Well, you didn't lose money, but if you could make them really profitable next summer grazing them, you'd say, I just bought time to get to the profit window. But if you're gonna dump them out at this point, you probably should have done a little faster backgrounding. Comments on that? Wintering them usually gotta make your money. If you winter a calf, green, either this has to be a hot grass market, grass fever, or you gotta graze them yourself. Yep. Well then, in this area, it's pretty cold because you're 20 and 30, you're wind and all that. You got 1.5, I don't know how to go out without having pollen in the center of the pond. Yeah, well actually what they did with their calves, and that's what these costs are based, they put them in some standing corn with a hay bale. So they picked some corn out of the field too. But their cost was 154 for their feeding period between some hay and some standing corn. So I just made the numbers come out so they came out to what their cost was. Or they had to do it when they were grazing in corn. Yep, they were grazing in the corn field with hay bales. Yep, unharvested corn, not stalks, standing corn. But what it is, is you got a 72 cent that cost the gain over a whole year for that much gain, it doesn't leave much profit. Well, then I did some heifer budgets. Here's a very typical heifer budget, two pound a day gain. Like the steers I had at 2.3, a lot of times those heifers will barely do two when your steers do that, 78 bucks. Got my heifers priced at $1.04. Well I think it was $1.11, now this fall, income next March, we've carried them through the winter at two pounds a day gain, and they sell them at a dollar four. That's, you know, 10 cents back from the steer at that time. I don't know, is that a realistic number to put on them? Projection of a heifer, 10 cents under a steer at a yearling stage? So, how about if we didn't put quite as much into them? We said replacement heifers only need to gain 1.6, they don't need to. Well, we're putting in less pounds if we're selling feeder cattle out of this, they actually return less. They cost less to raise, if they're going to the cowherd, this might be what you wanna do, but if you think you're gonna turn them into the feeder market, you've cut your profit in half by maintaining them as a replacement that has no value as a replacement. Now, some years we have tremendous values replacement. I don't think so much next year. Anybody heard what bread heifers are selling for? I think it'll take the interest out of breeding a bunch of heifers this year. Then the late weaned heifers carried on hay. Everything was positive, but there was quite a range in positive there from feeding scenarios. I mentioned we don't know what the out price is gonna be and I'll turn it over here about at this point so Tim can pick up, but one of the tools we have is either buying put options or buying LRP price protection contracts which says we are guaranteed a certain price for a certain premium. And that's an added cost out of these budgets that I didn't have. And if we look at what some of those premiums are, this is expressed in dollars per hundred weight for these 700 or 800 pound animals. You know, it's significant. It's $35, $40, $20 to $40 depending on what kind of level of price protection you're having. So that's one of the other things we have is a tool to help protect. And that kind of concludes what I got. So I know Tim's here to pick up on some of this price protection and- Just go back to the market report once and kind of substantiates it. Okay. The market review. Yep. And then we'll come back to that. Yeah, one more, one more, one more. Okay, there's steers. John mentioned fleshy. Don't get a few fleshy ones right there. It's, you know, Mehdi, 850 said once they're fleshy they take them down well. Yeah. Take five bucks off them. And the other thing, I agree with everything. We didn't reverse this although we did talk over five minutes I guess or whatever. Anyway, and the other thing is, yeah, look at here, 124, 125, but, you know, come here, come down to 750s, 125. John was talking about that. Why the higher price? Well, it's just because of the, you know, get them to get the market by April. May, fine, if not, today, April futures were 104, and June futures 95, 96, so we know $8 down. So that's why these are selling a lot, relatively a lot better to these. This is all, everything John said is outstanding here. Okay, yeah, and then pull ahead to the LR. I think we probably want to. I think we want to get to any questions. Any questions, but yeah, just go to the LRT, how many have done options, feed of cattle options, okay? They like the way they work, these are the users. Don't like them? Oh, there, they work all right. I mean, some years they look good, and others they don't. How many have used LRT? Anybody? Yeah, okay, this is one. This is the heavyweight steers. Yeah, yep, today, I got the new ones. This would be good till nine tomorrow. And so the end date comes up to January 24th, or you can go to February 21st or March 21st. But anyway, the top one for January 24th, today you could have got a 116, but it would have cost you five bucks. Five bucks a hundred, 40 bucks an animal. This, there's a subsidy here, so you, there's a 13% subsidy, so multiply this by 0.87, which I already did for this one. So right now, you could get a 116, it would cost you, yeah, a 496, five bucks. Or you could get a 114 today, it would cost you four dollars. So you're at 110 net, or you could get a 112, it would cost you 350, okay? Or you can jump to February 21st, you could get a 115, it would cost you six dollars. Or if you're a beginning farmer, so you have five years of less, finally, well, as long as you're in college, or if you haven't filed a income tax for more than five years and some others, you double the subsidy, you just, you've got a 13, you do 23% subsidy. So it'd be another dollar, well, yeah. Another dollar off of it. $20 is another dollar, obviously it'd be out of that top of it for six and a half years. So anyway, yeah. So you're going to have a projected $80 profit, but you take 25 off it and you kind of protected yourself. So that's what LRP is. The nice thing, Peter Count Futures contract is 50,000 bucks. Here with LRP, you pick the number ahead you want to do, your steers or heifers, you pick the number ahead, so you can do, I'm going to do a hundred head, maybe I want to do 20 head of steers. So maybe try to ratchet it around and do that. However, when you're locked in, you're locked in until the end of the fall off. The other thing, John kind of alluded to it, but from a basis standpoint, again with the November Futures and all subsequent ones now, we've changed, like John said, up to 50 pounds, so it used to be 650 to 850 and now they're seven to nine late. So theoretically, we went back and looked at how much that lowers the price and it lowers it above $3. So in essence, theoretically, you could add $3 to what you thought was a basis before. A lot of times along the 990, and again, we saw that wide range of prices for the same market taxes, so you have to consider that. I know you're all on the top of the range, so that's good. But anyway, the 994 markets where the USD reports is what we have here now, the 992, I said you've got probably, they've taken leave. The 992, I said you've got probably at least $2 off of those prices there. I don't know, again, it all depends on what you're at. So I don't want to mix you up here, but along the 994, so in the past years, for that average of the 750 to 8 weights, we've had about a par basis, okay? About even now, about the same. Up here, probably a negative two basis, so the average of 750 is now, at least theoretically, since we lowered $3, before you had a par basis before, theoretically, that should be a plus three. So up north, we should be close to par now? Yeah. Okay. Whether that's going to happen, that's all theory, but that's the way that it's supposed to be. Keep that in mind, and you know, kinda interesting. That's been the case in November. If you've been following the November futures versus October, they've been 253, a little more than three until this week, right? And now all of a sudden, the October futures is only steady because we're close to the end of October. When we close out that October contest, that's the state. We ran futures up in the last four days, about $767, and so the November went up. So actually, today, November futures closed at 1.2265, and October was 1.2155. So November was a dollar above the October. So you're plus $3 on that, it's four dollars a month. But anyway, I'm gonna be completely mixed you up and all the time. I have a question for you, Tim, because I read this, 500 to 550 pound, $5 lower. So what were they doing to light calves last week in North Dakota? Five lower, they didn't want them very bad. Seven, 750 pounds, six higher. Don't we have a winter wheat market this year? Does anybody want these lightweight calves?  We have a winter wheat market, and that was our expectations, but it didn't help hold her. Were they dry or what's going on? No, no, we got really good winter wheat pasture. They just don't want to put calves on it, huh? We see what happened, yeah. I was talking about the futures market today, the futures market was up even $2 higher, at least not the October, but the other ones, early day till the noon, and then they went back $2 so they closed about even with yesterday, but they were a $2, but in a half an hour they dropped off the $2. That shows you how fair the market is. One of the things they're looking at the January futures, everybody, not everybody, but people saying, well, man, they get the 120, I might kind of do something so they got the 118.75 and then a half an hour, now $2, so that's what they're facing in the market and that's kind of the funds, you know, we ran them up $7 in the last four days and we hit that point and a fund bales and then everybody bales so they can, anyway, I don't know, I think. Any further questions? There. You know, five bucks a hundred is that based on what you think you can sell on that? Or you're starting, but what are you? Yeah, you pick your ending weight. 8.767.32, they don't, now that's all on paper.


We can choose carbohydrate-rich plant foods over animal foods to boost tryptophan levels, but ideally it would be more than just carbs. Since the main determinant of brain serotonin concentrations appears to be the ratio of tryptophan with others that compete with it for uptake into the brain, to maximize the mood-elevating effects of diet, one would ideally choose a snack with a high tryptophan to total protein ratio, which would mean primarily seeds, such as sesame, sunflower, pumpkin. Protein-sourced tryptophan as an efficacious treatment for social anxiety disorder, a pilot study. So what protein source did they use? Butternut squash seeds, because of their high tryptophan to protein ratio, as part of a randomized, double-blind, placebo-controlled crossover study of people suffering from sociophobia, also known as social anxiety disorder. And they found significant improvement in multiple objective measures of anxiety in those eating these squash seed bars. Before studies like this one, a change in the composition of intact dietary protein was not seen as a possible option for the treatment of common psychological disorders associated with low serotonin levels. But that's because they were using animal proteins, which can make things worse, not plants. If this is true, then those eating vegetarian should be golden and indeed this was the reason they used to explain why global mood was significantly better in the vegetarian than in the mixed diet group. It's all about carbohydrates and a huge tryptophan to protein ratio. The vegetarian group was instructed to avoid meat, fish, and poultry and to restrict intake of milk, milk products, and eggs to a minimum. And within three weeks, the vegetarian diet group had a significantly improved global mood.


God only gives. So isn't that wonderful that we have a creator that is just a pure giver? It's easy to love a giver because giving simply radiates and radiates love and light always that's, that is the essence. And if we use the word happiness, you know, Jesus tells us in a course of miracles, God's will for you is perfect happiness. So it must be that this state of pure giving is the happiest state of mind. It is an eternal state of mind. And that's why we're working on forgiveness so we can wake up to eternity because eternity is what heaven is. It's just pure happiness. Now, in order to experience happiness with regard to perception, then that takes a lot of cleaning of your mind, a lot of forgiving, a lot of clearing away, releasing attack thoughts, releasing grievances, releasing opinions. You have to really let it all go in terms of the contents of consciousness in order to come into this happiness and joy. But what a great theme you voted at number one, living in the giving, give like God gives. Number two, seeing beyond the tricks of the ego. So I'm gonna show two movies. One will be coming up from the chosen and that will be an episode from the chosen. It's the first season, episode three. And then the second movie I'm going to show is Awake, which is the life of Paramahansa Yogananda. And I think probably in the second movie, as we move along today, we'll get more into seeing beyond the tricks of the ego because we'll see specifically in that movie that Paramahansa Yogananda is going to have to face some challenges, trials, tribulations, and he's going to have to pray and release the tricks of the ego, but we'll look closely at those. The third one is willingness to be transparent in all situations. So it's like you have this light in your mind and you just have to be willing to shine it in all situations. You can't shine your light in some situations and hide your light in some situations and expect to know that you're the light. If you hide it sometimes, it must mean that you believe there are certain situations that you are unworthy to be the light or certain situations where you have to tone it down. Years ago, my friend Lisa Fair, she called me on the phone and she said, David, I went to a Course in Miracles group and they told me to tone down my joy. And I said, well, that's not coming from God. If that's what's going on in your Course in Miracles group, maybe you need to leave the group because if the facilitator's got you toning down your joy, that is not really the direction we're moving and we're going into fully experiencing and expressing our joy. So the fourth one is letting go of the intellect to embrace the presence of God. And that means that even things that you seem to grasp intellectually will be consumed or will be burned away in the light of love. So the state of mind of the kingdom of heaven is not an intellectual state. The intellect is something that the Holy Spirit can use as part of letting go of everything you think you think and think you know. So I would say the Holy Spirit uses the intellect to release the intellect. When you come into the presence of God, the stillness, the I amness, there is no sense of intellect anymore because intellect is just learning and the presence of God is beyond the sphere of learning. So you simply have to unlearn everything you think you learned. You have to let go of everything you think you know. And then when you're really clueless, when you're absolutely completely clueless, then you get a smile on your face and you go, aha. Nothing I believe meant anything at all. So it's a good laugh at the end, it's a good laugh. And finally opening up to authentically offer kindness. Kindness is only comes from a gentle heart. Kindness only comes from a state of non-judgment. Kindness only comes from the sweetness of a mind that has been purified of opinions and of judgments. So kindness is like a sweet fragrance that just emanates from your being as you are created by God. That's where kindness comes in. Now, those are some pretty strong themes. And so as I mentioned, the first, the first session we will go through today will be a little snippet from the parable of Jesus. We're gonna see a little snippet from Jesus. But this is a snippet you probably are not that familiar with because we're going to show a snippet from the year 26 AD. And that's a very interesting time, 26 AD. Jesus at this point has not called his apostles. He has not gone on his public ministry and he is just praying and living the simple life. He's got this simple life and it's just before his public ministry. So we're gonna see a beautiful little session just based on a little snippet from this time before Jesus has called his apostles. So when I was praying this morning, I was thinking, well, let's see, what are we really gonna talk about today? And what I see is that we all are in Jesus' shoes. Imagine yourself in 26 AD where you realize that you have a mission and that your mission is to align with God's will. And your mission is to be a perfect demonstration of God's will. And ultimately your mission is to remember God's will, to know God's will. And again, Jesus says, this is perfect happiness. So we're talking about that as your mission because you literally are in the same shoes that Jesus was in. You're in the same sandals today. You're here not to review a life that happened centuries ago, but you're here to learn lessons for your mind right now that help you come into perfect alignment with God's will for perfect happiness. And Jesus had me pick this particular episode of The Chosen For You. I remember the first time I saw it, I was just smiling from ear to ear because it really is just Jesus in the woods with a group of children.  Talk about lighting your life up. And when I was praying to Jesus, I said, well, what are the lessons? And he said, well, there's so many lessons in this particular episode. Imagine that you've come to earth, so to speak. And now your purpose is to be the pure demonstration of the love of God. You're not here to teach anything in terms of concepts.  You're here to be a presence, a presence that teaches eternal love in time and space. So that's a pretty big mission. You see how big of a mission that is. Imagine trying to teach eternity in time and space because time and space was made to deny eternity that now you're here as the demonstration.  Using time and space, you are going to so surrender to the will of God to line up your mind with the Holy Spirit, to line up with Jesus in such a way that you are the living demonstration of eternity. That really is saying something to be the living demonstration of eternity. Actually, Jesus and the angels don't care if you achieve anything in the world. They're not really interested at what you learn in the world because of course they know that you can't. You can't really learn anything in this realm that has any meaning because the realm was made by the ego. So the realm of time and space was made by false learning, false belief, I'll call it. And now you have to so empty your mind, empty the contents of consciousness of all belief. So there's a couple of things that Jesus wanted me to talk about today and one of them was faith. And basically he was telling me that faith is the power of your mind and your faith is always very, very strong because God created you with enormous faith. However, when you have a split mind, your faith is split between the right mind and the wrong mind. So you see, you're taking something that's extremely powerful and you're dividing it, you're dividing your attention between the right mind and the wrong mind. This is ultimately what Jesus meant by no man can serve two masters. He was basically not talking about God and money in terms of the world. He was just saying in terms of purpose, you can't serve the Holy spirit and the ego. You have to pick one or the other. So it's like in Ghostbusters, who are you gonna call? Who are you gonna call on?  Because faith and belief combine to make the cosmos. In other words, in heaven, there are no beliefs. There are no beliefs in heaven. The ego was the first beliefs. And when you have faith in the ego, it starts a big bang, a seemingly big bang of time and space with such an emotion, a totally fictitious projection. It's totally fictitious and nothing in the realm of belief is real. Nothing in the realm of belief is true. Jesus tells us in a course of miracles out of all the beliefs you have, and they're all generated from the ego. And the entire cosmos is a reflection of that. That forgiveness is the only belief that leads you out of all the rest. So there's only one belief in the mind that is valuable. Trillions and trillions and trillions of false beliefs and one belief that leads you back to eternity. A needle in a haystack. Today, we're going digging into the haystack. All of us together are going down on our hands and knees and we're jumping into the hay to find the needle. And Jesus is like, it's in there. Oh, believe me, it's in there. I know. I found it. He said, I found it. So he's wanting us to find it too. And he wants us to use this movie session today to find the needle in the haystack. So faith and belief combine to produce the projected world. But if you put your faith in forgiveness, which is the one belief that leads away from all the rest, then that faith in forgiveness, guided by the Holy Spirit will lead you to eternity. And that's what we're looking for. Last week, I showed a movie and I did a lot of talking about the peace pilgrim. And peace pilgrim, her one goal was self-realization. The one goal for Jesus, the self-realization. The one goal for Paramahansa Yogananda is self-realization. And so guess what our goal is too. That's right, Patricia. Self-realization. The one goal is to know thyself. The ancient Greeks put it that way. They said, know thyself. In a course of miracles, Jesus says, the goal of the curriculum, no matter what the teacher you choose is know thyself, there is nothing else. Isn't that sweet? Oh, Jesus, give it to us straight. Give it to us straight. We love to hear the straight answers that you provide, the straight instructions, straight directions.  And he went through his stage of growing up as a human being in Galilee. And he definitely worked as a carpenter. So his trade, you might say, when he was a teenager and in his early 20s was, he was a carpenter. So he had a vocation. I can see many of you, many of us have had vocations. We probably have had many seeming vocations in terms of the world. Some of us haven't had many, wonderful. If you haven't had many vocations, that's great too. Because ultimately our vocation is healing, healing in the mind. And that's why we're here now. We're finally coming into our true vocation which is healing in mind and waking up from the dream of time and space. Now, Jesus, in this episode, we're going to watch today is, he has some carpentry skills. He's still using a little bit. And basically the scene today we will see opens up with, it's basically Jesus camping. You know, I don't know about you, but I was in a Cub Scouts and Boy Scouts and I actually, I liked camping. Is anybody here like camping? Being out in nature, isn't that fun? Well, this is Jesus camping. He's basically camping before he's going on his public mission. And he's going to have a little girl named Abigail who's going to discover his campsites. And she's going to try to hide because she doesn't want Jesus to see that she's watching him. But she's going to go back to her family and then she's going to start to bring some of her friends, her little friend of hers that's a boy. And then eventually she'll bring actually several other children to come and see the man by the edge of the woods who's camping. So this is not your common scene from movies you've seen about Jesus. This is Jesus prior to going on his public ministry. What I think is so valuable about what we're going to watch today is that it is a reminder that everything is always about the presence of love. It's about the kindness, it's about the generalness. It's about letting the Holy Spirit speak through you in a way that it can bring a blessing. So Jesus will be interacting with children and it will turn into a beautiful little teaching learning situation. How does that apply to our lives? Well, I've been blessed over the years to meet many amazing brothers and sisters and many of them are what the world would call teachers or spiritual teachers. But I would say that if you can't teach the essence of who you are to children, you're not ready to teach it to adults. In other words, if you can't teach the core of what's in you and extend the love and light to children, little children, then I think it's better to just put the teaching on hold in terms of form at least, because we're always teaching according to what's in our state of mind. But the children are the soft and gentle way to build confidence. I know myself, I've been lived in spiritual communities and I've been around the world many times. And I think probably some of the most enjoyable moments was when I was just left alone with the children and our joyful interactions. It's like you get a lot of glee going there when you have a lot of children because they really are interested in playing. They want to play. And I like to play too. I enjoy the playful spirit of being in the joy of the moment and releasing everything else. So I've done very well with children because I can certainly relate to them. We just look into each other's eyes and we laugh. We just laugh and laugh and laugh because there's a recognition there. So this first thing that we're going to watch, we're going to see Jesus even though he is teaching the whole cosmos divine love. Even though he's radiating God's presence to the whole cosmos, we're going to see it in terms of an interaction by the side of the woods with Jesus and this small group of children. This is definitely not, nothing is preplanned in this. There's definitely nothing intellectual about this and it's very, very spontaneous. You're going to get to see Jesus. You're going to get to see the humor of Jesus, the playfulness of Jesus. And yet he's there in the woods basically to pray. He's just praying and praying and praying all the time. He is living in a state of prayer. He's just in a state of prayer and communion with God. And what's so beautiful about that is he's still doing the things that you seem to do when you have a campsite. You have a little fireplace. You collect some wood. You have a little place for your tent and where you will sleep during the night. You have a little simple environment that you are using in a temporary way as a campsite. And I think that's a beautiful metaphor for how our experience goes in the world. We're not supposed to invest in anything of this world as if it has any value of itself. For some of you that are doing the workbook lessons, you know we've come upon, I will not value what is valueless. And basically when you're at a campsite, you basically organize and use the campsite as a backdrop for your devotional prayerful life, extreme simplicity. And then you kind of tidy up your campsite and you leave it in good condition for whoever comes and whoever's next coming to the campsite, you see? It's very temporary. When you're camping, you're not thinking, I'm going to live here for decades. That's not usually the thought in your mind. When you're camping, you're just enjoying nature. You're enjoying the simplicity. You're enjoying the presence. And I really actually, I always have enjoyed camping as well. I like to take hikes in the woods. I like to just sit at night and lay and look up at the stars. I like to watch the moon sometimes shimmering through the blowing leaves and just sitting there in the stillness of the night and looking up through the trees at the shimmering moonlight. To me, there's something very simple about camping. It's not like it's dramatic. It's not like it's controversial. It doesn't seem to involve much of society. When you think of camping, you're not thinking of society. You're thinking of being in harmony with nature and in harmony with everything that is. And here we have Jesus simply out there in the woods, in harmony with God and with everything and everyone. And he's just getting close to beginning to start his public ministry of three years. But the Holy Spirit is bringing these little children to Jesus. So they're like, this is like the warm-up act for Jesus' mission on earth. He's sending in the kids. And why is that a good thing? Well, first of all, kids are curious. Children are very curious. They have a lot of questions and believe me, these little children have a lot of questions for Jesus. Because why? Because they have parents. Because they have a rabbi at the synagogue. Because they live in a country that is occupied by the Romans and they're aware of things like drama, criminals, crime, murderers. These are children that are aware of what's going on in their world.  And they are trying to make sense and trying to grasp for meaning in their little lives. And actually these children have heard from the rabbi and their parents. So they know of scripture. These are not just kids that are playing all day with Barbie and Ken, because there was no Barbie and Ken. They make up their own little dolls back then in 26 AD. There's no Legos. There's no Tonka toys. There's no G.I. Joe. The toys are very, very simple. But they're still playing with the toys trying to figure out what is this whole time and space thing about. They have the same questions that children have today. The children of all the generations have wondered, how did I get here and what is this wacky world that I have to deal with on a daily basis with authority figures, with rules, with regulations, with having to be obedient, but feeling rebellious at times. And here we have the beautiful teaching learning situation of these wonderful little sparkly children coming together with Jesus. And Jesus is going to teach them about true giving. Jesus will teach them about their purpose in life. Jesus will teach them about his purpose in life, which he shares with them. And really he shares with all of us. So as we go through the first session here, the first segment of the day's session, I just want you to keep an eye on what's your mind and watch everything that you see based on the idea that as Jesus had, you have a mission to be the perfect demonstration of eternal life. You're not here really to learn anything in time and space. For those of you that never seem to learn much and you call yourself a slow learner, be glad, rejoice. You have to unlearn it anyway. For those of you that feel that you never achieved great things in this world, be glad, rejoice. You were never meant to achieve great things in this world. For those of you that feel like you haven't lived up to your parents' expectation, be glad, rejoice. Because you will have to unlearn your parents and all expectations anyway. So you might as well do it now because that's part of your global, your mission, your, I'll call it your cosmic mission is to be the will of God, is to know the will of God, is to be the perfect demonstration of God's love. Imagine living a life where you never, ever, ever frowned again. You never frowned on anyone or anything. Imagine living a life like my friend Dorothy where your cheeks start to get rosy red like they're painted on there. My friends Dorothy's cheeks, they looked like they were painted there because she was always so happy and so gleeful and her cheeks were rosy. They had red, like a reddish color. And it didn't go away. Tell you the truth. I mean, I knew Dorothy for some years and we had some beautiful interactions but I cannot remember one time where that woman frowned ever. Not even a frown. I never saw Dorothy get angry. We were both very telepathic. So we were kind of in, we were the same mind but she was, she never even frowned. And that's part of knowing God's will. God's will is for perfect happiness. That is transcending the laws of the ego, the laws of time and space. Now, after we go through our little romp in the woods with Jesus, I think you'll be feeling very relaxed at that point, very, very calm, very comfortable, a little more confident in your mission after spending a little time in the woods with Jesus and the children. I think you're gonna feel really, really good. Then we're gonna move into the movie Awake which is the life of Paramahansa Yogananda. So we're gonna shift into bringing more of the Eastern tradition, Kriya Yoga. We're going to, Don, we're gonna move into your territory. Don's in there. He said, yeah, yeah, we're going Jesus and then we're going to Paramahansa Yogananda. And we're going to see that Paramahansa Yogananda has these experiences of light even when he's in the womb of his mother, he has experiences of light. For most of us, we don't usually have that recollection. It's not usually on our resume. Flashes of light in my mother's womb. We are like, wow, I wish. I wish I had flashes of divine light in my mother's womb. Wow, that takes a lot of memory to go back that far too. Most of us are like, oh, please don't ask me, don't ask me to remember that part. But we're gonna see that he goes through the tricks of the ego because when Paramahansa is only 11 years old, I believe he's 11 when his mother dies suddenly, and then he has to go through experiences of having visions of his guru, seeing many visions of his guru and then one day actually being prompted to turn back, turn his head to the side and actually meeting the guru that was in his visions for many years. And then for about 10 years, he undergoes a radical undoing of the ego in the guru student relationship. He's basically just living with the guru and he's going through a very intense, radical unwinding of the ego. And then he will open a school to teach how to live. Isn't that beautiful? After you go through this great clearing of your mind that right away he goes on to teach children. And so Jesus with the children, we'll see Paramahansa Yogananda with the children as well. And that's just the beginning of the movie which will unveil many of the tricks of the ego that have to be surmounted. Many challenges, but basically you can see that Yogananda like Jesus, his goal is self-realization. So he will be able to handle whatever challenges the ego throws at him because that's what you have to do. You have to be able to expose and release all the challenges that the ego would throw at your sleeping mind. And so I think today's little movie of Jesus in the woods will say and then Paramahansa Yogananda, his life will be ripe with many, many teaching learning opportunities for all of us because we're all the same one. There isn't really separate people. We all have the same mission to demonstrate eternal love. We all have to face the same trials and temptations of believing we're a person and going through all the struggles of identifying our mind with a person, with a personality and with an external world that seems to be external. That's all part of the awakening process. So I think you're gonna really enjoy it. In baseball, this is like a double header. If you went to the movie theater, this is like what they call a twin bill. Two for the price of one. And oh my, Jesus Christ and Paramahansa Yogananda, that's who you've got on the double bill today. That's right. The, they are excellent role models for what we're trying to discover that needle in the haystack in the mind. I would remind you again that this is purely an adventure for your mind. That even though it says 26 AD, there was no 26 AD. There was no past. There was no character called Jesus. There was no character called Paramahansa Yogananda. It's all us facing what we're facing right now in this moment because linear time is a trick. However, today we're going to use some examples that I would say are extremely helpful teaching learning examples in your spiritual awakening. These are examples that you'll see on the big screen in front of you. But more than that, I think you can start to feel the love in your heart while you're watching these shadow figures on the movie screen. Both Yogananda and Jesus were very, very, very aware that this was a world of shadows. Both of them were aware that they were not to become identified or actively engage in the shadows. That is a very rare calling, but it's our calling if we're going to wake up from the dream of time and space, we have to learn to not be distracted by the shadows, not be attracted to the shadows, not be repulsed by the shadows, not believe that we can control the shadows or be controlled by the shadows. You see how important it is? That's why we're watching the movie today because our experience has to be that we are one and we are dreaming and we are aware that we're dreaming and we cannot be touched by shadows. We are not interested in shadow land. If people say, what's gonna happen in the future? That's a shadow land question. If people say, did this really occur in the past? That's a shadow land question. Nothing actually ever occurred in the past nor will it occur in the future. You're right here with me right now to use today to see that you're the dreamer of the dream and you have no reason to be upset about anything because now is all that there is. So there is no reason ever to be upset. We only have a reason for happiness. We only have a reason for joy. We only have a reason to shout from the rooftops, glory to God, glory to God, glory to Almighty God. And we can see in our first session that Jesus is in that prayer. He is praying, praying, praying in the woods, praying, praying with God, praying, praying. That's his life. Now prayer is the meaning of miracles. And I would say that when you pray truly, you open your mind to receive guidance. But even that guidance is just a stepping stone to a silent mind, to a mind that is present, to a mind that is still, to a mind that is emptied of all ego beliefs and ego thoughts. That is the only purpose of prayer. We're not interested in the law of attraction. We're not interested in the law of manifestation. We're not interested in using the past to generate a different future. We're interested in seeing the dream is just a dream. This is not going to be a day where we discuss manifesting because there is no manifesting. Manifesting is an illusion. I said maybe last week, if you wanna do a workshop that's poorly attended, do one on the impossibility of manifesting. And then I said, if you wanna get zero people in your workshop, just do one on healing the pleasure. That will surely keep you there by yourself to face that thought. But this lesson today has nothing to do with trying to make the world a better place, but it's about seeing the shadows as shadows. And wow, thank you Jesus and Parma Hansa for being with us today and allowing your images to be used for such a holy purpose. So get ready to go to the campsite. We're going to visit 26 AD and the little Abigail and her family and Jesus in the woods.


What's going on guys, today I am back with another Destiny 2 video and today I want to help you guys out who are struggling with this week's nightfall. I mean let's face it, it isn't easiest we've had so far and yeah for sure while some are at a high level this may have been a walk in a park 4. Please don't forget that not everybody plays this game 24x7 and do indeed still need help in places like these but before we go any further guys I am giving away weekly server prizes for Xbox and PlayStation To win some simply drop a like and a video and leave a comment down below. Okay so this week's nightfall being exodus crash it isn't the easiest it's timed obviously with time warp strange anomalies have been detected in the area destroy them to release temporal energy and extend the mission timer and we have attrition health and shield regeneration is significantly impaired defeating enemies may create wells of light collect those to restore your health and charge your super so yeah it isn't the easiest and the nightful being exodus crash where the last boss is tanky and disappears for up to minutes at a time this one can be a little difficult so first things first I will show you guys this little cheese to help you gain that also important extra time now we ain't gonna type my video unlimited time glitch or anything like that because simply that's BS there are a max number of anomalies you can collect through this strike and once you've collected enough the others you collect will not count so it isn't an infinite time glitch whatsoever it is however a kind of cheese for extra time so this is what you do through the first few areas pick up as many anomalies as possible doesn't matter if you collect them all or not just get through this area as fast as possible you will then come to the point where we're in this video right here where you have to analyze this fallen device and basically defend this point until a hundred percent and take out the two servitors this in itself can take away a few minutes off your timer for sure once done here though you carry on into the exodus black area here or three of your teammates can do this time trees or two of you can move on on one person stays behind to do this what you do is from this point you simply head back in the direction you came from and as I do on screen now you simply shoot this anomaly over this kind of barrier to gain that extra 30 seconds jump on your sparrow go back to the exodus black area turn back on yourself do this again simply rinse and repeat until you hit that maximum time limit you'll see it says maximum time limit reached on your stream and you've done this now the maximum time limit can vary depending on how many anomalies you've picked up already and how fast you've got to this point but roughly 10 minutes from this point should be okay so from here you need to get to that last boss room as soon as possible so quickly take out that spider tank and move on don't bother looking for any more anomalies as they will not count towards your time that's what be wasted time when you do arrive in that final boss room I really suggest you use the risk runner SMG this thing does serious work and because the floor is electric most of time you never have to reload three of us using these did serious damage to the boss for sure paired with supers power weapons and so on you should make easy work of it don't worry though if you die as it doesn't reset you just have to wait so you can revive yourself I died a few times here just putting as much damage into the bus as I could before he disappears because like I said when he does it can disappear for up to a minute to damage him while you can and guys it shouldn't be that bad for you using that cheese for extra time and a risk runner it should be a piece of cake people and on that note guys I hope this video helped you out thanks for stopping by as always subscribe if you're new around here and enjoy daily destiny videos and hopefully people I will see you on that next one


I will be live in the shaitanir regime, Bismillahir Rahmanir Rahim. Elements of financial statements, here what includes in the financial statements, all those three main statements, what is include in those statements, that is the elements. Now elements of financial statements, measurement of financial position, we have assets, we have liabilities, we have equity, they are the three main major items. Now in assets we have property, plant and equipment. Property, plant and equipment previously we used to call it fixed assets, they are not for sale but they are utilized in the process of producing goods and services or rendering services. And then we have land and building, we have plant and equipment, we have office equipment, we have office furniture, we have vehicles and so on. They are all for property, plant and equipment are other fixed assets. We have some research expense also. Research expense, although they are charged to income statement, if they are basics but if they are development stage then it is also a part of property, plant and equipment. Now then we have the current assets. In current assets normally we have stores and spares, we have stock and trade, we have receivables, we have advances if we have given to our employees or to our even some time to greater creators also. So and then we have at the end cash and cash equivalents. We have some time investment also. Long term investment should be up in the non-current and current investment should be in the current assets. So these current assets are which are normally moving from business. They are coming, going, coming, going. They are generating and they are paying paid or they received. Now liabilities again, we have long term liabilities. If we have borrowed let's say for 10 years, we have issued bonds or we have let's say leases and all these are liabilities but they are long term. Here we pay interest on it. Normally we pay interest on these long term liabilities. Then we have current liabilities. Current liabilities are again which is payable within say in a month's time or maybe in a maximum in a year's time. Equity is a share capital and part of the retained profits if we are maintaining. When measuring the performance, we have the income and expense. Here we have revenues. Again, there is a standard, whole standard on how to recognize the revenue, how to record the income. Income does not meet profit here. Let me tell you. Here income means the revenues and expense incurred to generate that revenue. Now the income and expense they are two main words but there are two more words here and that is gain or losses as well. Recognition criteria is it is probable that any future economic benefit associated with the item will flow to or flow from the entity. Any item which bring you some inflow in future or outflow in future so that is the criteria that should be recorded in the statements. The item has a cost or value that can be measured and reliability. Now it's very important. The cost includes whatever you spend to bring something into your organization, into your use. It's not simply let's say if you buy a car. So what you pay for the car that is one thing. Then you need to let's say put some accessories into it so that also become a part of the car. So the total cost. Similarly, if you buy let's say if you import something it's not only what you pay to the supplier but all duties and taxes you pay transportation you pay insurance is you pay is part of the cost. In fact the word cost is an elusive term different people have different meanings to it. Some people says we have no cost but let me tell you each and everything has a cost. It's very important and then it should be measured and rely with reliability. That cost can be calculated with reliability that this is the cost. In fact it's not just saying that we just say this is the only cost. No if an asset is going to be bought unless it starts giving you the commercial production all cost incurred is part of the cost. Now let's let me give you the definition of assets. Asset and is a defined as a resource controlled by the entity. Imagine the word is controlled that you have the in charge of it. You can make use of it the way you want it. By the entity as a result of past event the second thing is the past event. You have bought it. You have already bought it and from which future economic benefits are expected to flow through the entity. By using these assets you will make some money out of it. Use some benefits out of it. So an asset is basically that you have the control it is fast events and then it brings you the some inflows. Liability is defined as a present obligation. You know obligation means your responsibility that you have to pay of the entity arising from again past events. The settlement of which is expected to result in outflow.  Sooner or later you have to pay which is expected to result in outflow from the entity of resources embodying economic benefits. You know we use assets we let's say we borrow money so we are using some bodies money. So it economic benefits coming to us but on the other hand we are paying back the lower as well as the interest. So that's our liability. Equity is the residual interest in the assets of the company after deducting all of its liabilities. Basically this is called balance sheet equation. Total assets are equal to liability plus equity. So if you just change it equity is equal to assets minus liability. So what is remaining that belongs to the owner. Total assets are not for the owners only what is left that is the net asset we call it. So that is the equity. Now the revenue inflows during the period from delivering goods renting services other activities. Now we are not simply buying and selling. We are manufacturing also. So we are buying material we are converting them into finished goods then we are selling them. So all these after putting all those resources then we sell it. So that is revenue basically by buying or selling. Then the rendering of services. We as a consultant render service. So we are earning. Similarly some companies have their projects rendering services providing services. So there are these revenues for that company. Similarly there are like royalties that is also revenues. Then we have expenses outflow during the period on producing and services required other activities. Gain increase in equity due to incidental transaction. Not usual but it happens sometime that you sold something and you got some money out of it. Losses decrease in equity due to incidental transactions. It happens also sometime you incur losses too. So that is also part of the elements of financial statements. Thank you very much.


Okay, moving on now from the Manchester City Chelsea clash tomorrow evening Saturday We know that another big story in sports is about Naomi Osaka She says she's pulling out of all press conferences because of of her mental health You know, she put out a statement saying reporters keep asking the same questions over and over again She's answered this question before they keep asking her about it And when you refuse to go for these press conferences, you get fined, you know by your team by your club You know, so basically this whole issue With her and we know that she also put videos of how other Sportsmen, you know face the same issue one of them came out to say look addressing the the journalists in the room saying I have one answer for you. I'm simply here because I don't want to be fined Whatever question you ask me and I'm going to give you the same answer, you know So how do you think this first of all the main issues she's talking about?  What do you think you can could have done better? How it affects the mental health of these players and how they could that she mentioned now She saw one of the players basically break down the press room and cry. I think What this has done to we journalists including all of us here is that is put the job itself on the burner this morning What now me and Saka has done to the world is to actually put the inadequacies of some of our colleagues on the burner this morning When Naomi said this the press went to work and the whole lot of them French press people the English media Went and said now the headline said now me or Saka has mental issues You know and that puts our job on the front burner because what she actually meant was when a sports person loses The mental stability of that person is shaken and then to ask a question about the loss is bad enough He affects that and then she says you see I was talking about press men and the media always thinking about the Exclusive running back to the office with a good story not thinking about the sports person You are talking to and I see what they've done now They've now miscoted what I said to mean I have mental issues that it puts our job on the burner this morning Do we actually cool down in the course of looking for these exclusives do we run back to the office? Oh, just get there. Do you actually wait to weigh? The assignments we've gone for we run back to our offices now. What she meant was I have friends I don't know if I already has that I have a friend who is a big man United fan and whenever his wife is at home He goes to like most men he goes to watch the game with the boys You know, but they have a cable in their house. So the wife is monitoring the game while you're watching the game with the boys Immediately, Manu loses that game. She takes all the food for dinner into the freezer He's not eating the game, you know, that's how some people take They are lost, you know, and so what Naomi meant was it's punishments that have lost the game It's worse off. It's not worse off to actually force me to discuss it And then if I don't discuss it, you'll find me, you know, she thinks it's not right The guy she said is an NNL player in the USA and the girl was like I am here because I will be fine If I'm not here, I don't want to be here. My team just lost this game How about the clubs themselves? You know, the fact that they put this pressure on players to speak about their losses and whatever it is Naomi Osaka and the rest of the people who have come out to talk this morning are actually blaming the pressmen saying the The pressure is coming from the pressmen who want the exclusives whether you lose But the fines are not coming from the journalists, are they? Yes, the questions are coming from the fines, the fines for not showing up The fines actually come from the players and goes to most times charity who No, I mean who's finding who? The organizers of the event find the The participants for not answering the questions from journalists. That's what I'm saying. So these organizers of the events I mean, what's their own share of the blame? Well, they are the ones who should understand that if someone loses in an event whether it's tennis or that is football The person has a right to say no comments. The person has a right to say I don't want to talk about it You know, it's like my job our job that we do as unfair as it seems I'm in a very bad mood. I'm coming to the office and somebody runs to me and says, hey, Yannetta. Hey, Osaragi I'm this the society expects me to put up a smile And I do put it up, you know as hard as it seems With all the things I'm going through and selects, you know, and what Naomi is saying is respect the person's feelings to as in Yeah, because she says she had a friend who was a tennis player never became as big as she did And the last event she came for because of the questions from the pressmen She became depressed. She almost committed suicide and she stopped playing tennis And she felt she was talented enough to actually beat her So they were training partners that the girl would have been a future in tennis because of the questions They asked the day she lost she was in tears. She became depressed almost committed suicide and stopped playing tennis Yes Now, like I really said, she would not entertain people who Naomi said she doesn't she doesn't mind And you know, she puts a joke into it into our tweets. Yes, she puts a joke and she says I am not going to answer Your press conferences And I heard that you guys take the money that you find us for To help charity homes. Did she say I heard I thought she said I hope No, she yes, but the money's do good charity homes, you know, and she's insisting now She's hoping that our own fine.  So please make sure my money Goes to charity homes who run mental issues, you know, I think she has a point somewhere I think the society Do not are not fair to public figures and then It's sad to note that Someone like Serena someone like Like Venus who are very passionate rafael nadal who are passionate about their game, you know Footballers like ronaldo like leonard metis who don't want to lose they want to win all the time, you know to now ask them It's it's fair to footballers. It's fair to basketballers, you know Ronaldo is walking out of the pitch and then he's saying no comments. You let him go. No fine But it's tennis players says no comments and his press conference that he must talk Well, you know, you can't pick and choose, you know, when you have comments and when you don't have comments, you know They can't only interview when you win Um, you know those interviews happen whether you win or you don't win, you know, yes I get the park where it's unfair, you know, and I totally um, I agree with neomiyosaka that You know, the journalists themselves need to be more empathic and you know more considerate, you know, when a An athlete loses a game or it's not in the best of moods, you know, so you so that's when I mean Question comes from when he says that is the mental states Of the at least More important than the exclusive to the media. It should be It should be, you know, but you know journalists, of course want to get the best Exactly my point. And that's well, well, if you remember, they also they also did the same thing to Jose Mourinho, they found him and hound him and had him and asked questions that you know would, you know I know him. Yeah, they do that on purpose, you know So she does have a good point, you know, unfortunately, it's a part of the whole process There's tv rights that have been bought, you know And the money needs to be made from some of all these things and not You know have this side and don't and not have the other side, you know Or end the game right after, you know, a loss, but she does have a point Anyway, I think we can wrap it up here. We have a conversation coming up next on the Nigerian constitution and The question of course is do we need to amend the current constitution? Oh, we need a brand new constitution The 2014 confab report is also going to be brought up in discussion again once again Of what use was, you know, the whole of that confab and will we need to pick, you know Certain items from that report and put it in our constitution We'll get into that after this short break here on the breakfast. Thank you very much. Well, it's got Thank you