Iowa Gov. Terry E. Branstad says his state has been at the forefront of locating or expanding business in Iowa that will result in more than $7 billion in capital investment.» Read More
The U.S. market for aluminum sheet is expected to be up fivefold this year from 2012 with the development of vehicles like Ford Motor Co's next generation F-150 full-size pickup truck, a more aluminum intensive model that will be shown Monday at the Detroit auto show.
Jan 10- Cargill Inc. and the U.S. Department of Agriculture are trying to determine if some meat products were contaminated by an ammonia leak that closed the company's Ottumwa, Iowa, pork packing plant on Friday, a company spokesman said.
Jan 9- Frigid temperatures across a large swath of the United States this week followed by warmer conditions could aid the spread of a fatal pig disease now in 22 states, affecting hundreds of thousands of pigs, a swine veterinarian said on Thursday.
The day's wholesale price, or cutout, for choice beef hit $212.05 per hundredweight, eclipsing the previous May, 2013 record of $211.37, according to the U.S. Department of Agriculture. USDA pegged prices for select wholesale beef at $209.05 per cwt, almost $2.00 higher than Wednesday's record.
CHICAGO, Jan 9- U.S. agribusiness giant Cargill Inc on Thursday reported a 36 percent rise in quarterly profit, supported by a bigger U.S. crop harvest in 2013 that led to lower grain prices and boosted profit margins on meat sales.
WASHINGTON, Jan 7- Democrats and Republicans on Capitol Hill may need a few more days to resolve differences over a $1 trillion U.S. spending bill, a top Democratic lawmaker said on Tuesday, pushing passage by Congress up against a government shutdown deadline next week.
Temperatures were 20 to 40 degrees Fahrenheit below average in parts of Montana, North and South Dakota, Minnesota, Iowa, Wisconsin, Michigan and Nebraska, according to the National Weather Service. Babbitt, Minnesota, was the coldest place in the United States on Monday at minus 37 F, according to the National Weather Service.
*Senate votes 56-26 to confirm Fed vice chair for top job. WASHINGTON, Jan 6- Janet Yellen, a key force behind the Federal Reserve's unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus.
*Senate voteS 56-26 to confirm Fed vice chair for top job. WASHINGTON, Jan 6- Janet Yellen, a key force behind the Federal Reserve's unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus.
CHICAGO/ CLEVELAND, Ohio, Jan 6- A blast of Arctic air gripped the vast middle of the United States on Monday, bringing the coldest temperatures felt in two decades, causing at least four deaths, forcing businesses and schools to close and canceling thousands of flights.
CHICAGO/ CLEVELAND, Ohio, Jan 6- A blast of Arctic air gripped the vast middle of the United States on Monday, with the coldest temperatures in two decades threatening lives, forcing businesses and schools to close and canceling thousands of flights.
NEW YORK, Jan 6- A blast of Arctic air gripped the mid-section of the United States on Monday, bringing the coldest temperatures in two decades, forcing businesses and schools to close and causing widespread airline delays and hazardous driving conditions.
The pace of growth of business in the Midwest slowed in December, signaling a cooling in the region's manufacturing.
Dec 26- The rise and rise of farmland values faces two tough challenges: falling crop prices and rising interest rates. Illinois average farmland prices more than doubled, to $7,900 per acre in the six years to 2013, according to one Department of Agriculture measure.
"The vaccine has been used in multiple states, including Iowa and North Carolina, but it is too early to know how effective the vaccine is." Iowa is the top U.S. hog state and North Carolina is second. The company said it is working with the U.S. Department of Agriculture to obtain a conditional license to more widely market and sell the vaccine.
"With the recent drop in crop prices and the stickiness of land rents not falling as quickly as crop prices, many farmers are feeling the squeeze once again between revenue, costs and rent," said Kent Olson, an economist at the University of Minnesota.
President Barack Obama enrolled in a less expensive option offered by his healthcare reform plan in a show of support for the law before a signup deadline Monday, the White House said. Obama chose an individual "bronze" plan on the Washington, D.C., exchange, at a cost of less than $400 a month- a bargain for a man who earns $400,000 a year running the United States.
WASHINGTON, Dec 19- The new U.S. farm bill is likely to cut the food stamp program by $8 billion over a decade, a key Democratic senator said on Thursday, an amount that is a fraction of the cuts demanded by many Republican lawmakers. Tom Harkin, a Democrat, said the expected $8 billion in savings would be generated by closing a loophole on utility costs.
Dec 19- Winnebago Industries Inc, the No. 1 U.S. motor home maker, reported a 51 percent jump in quarterly profit on Thursday as strong demand for its recreational vehicles prompted independent dealers to increase orders.
*Corn down for third day in a row. *Soybeans rise on bargain buying, technical support. "Wheat is looking to be a huge crop this year," said Karl Setzer, a commodity trading adviser with the MaxYield Cooperative in West Bend, Iowa.