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  • CHICAGO, March 31- Farmland prices in Iowa, the top U.S. corn and soybean state, are down by an average 7.6 percent over the past six months and 11 percent from a year ago, pressured mainly by lower grain prices, according to a survey released Tuesday. The report by the Iowa Realtors Land Institute said that all nine Iowa crop acreage districts showed a decrease in value...

  • CHICAGO, March 31- Farmland prices in Iowa, the top U.S. corn and soybean state, are down by an average 7.6 percent over the past six months and 11 percent from a year ago, pressured by lower grain prices and firmer interest rates, according to a survey released Tuesday. The report by the Iowa Realtors Land Institute said that the nine Iowa crop-reporting districts all...

  • *Corn stocks as of March 1 reached 7.7 billion bushels- USDA. The USDA estimated farmers will plant 89.2 million acres of corn this spring, above analysts' expectations for 88.7 million, and 84.6 million acres of soybeans, below expectations for 85.9 million. Corn stocks as of March 1 were 7.7 billion bushels, above estimates for 7.6 billion.

  • NEW YORK, March 23- Volunteers at the Galena, Illinois, fire department were hosing down the smoldering wreck of a derailed BNSF oil train on the east bank of the Mississippi River on March 5 when a fire suddenly flared beyond their control. "They dropped the hoses and got out" when the flames started rising, said Charles Pedersen, emergency manager for Jo Daviess...

  • Trump said he had formed an exploratory committee to determine whether to run, and that he had hired staff in Iowa, New Hampshire and South Carolina. In a telephone interview with Reuters, Trump said he would put his job creation record up against anyone, including the dozen or so Republicans who are considering a White House run in 2016.. The United States for years...

  • WASHINGTON, March 18- Real estate mogul and TV personality Donald Trump took the first steps on Wednesday toward launching a 2016 presidential campaign, a sign the businessman may jump into the Republican race after publicly considering it in years past. Trump said he had formed an exploratory committee to determine whether to run, and that he had hired staff in...

  • CHICAGO, March 17- U.S. farmers will likely use less nitrogen fertilizer this season with the cost sky-high even though the price of natural gas, the key ingredient to make it, is down 40 percent from last year. "What we're seeing this season is a reduction in rates," said Ray Carpenter, senior vice president of agronomy for Farmers Cooperative in Ames, Iowa, referring to...

  • March 3- Ben Carson, a retired surgeon popular with Tea Party conservatives, has formally created an exploratory committee to run for president, according to his campaign chief executive, Terry Giles, the Wall Street Journal reported. Carson, a former neurosurgeon at Maryland- based Johns Hopkins University, has no prior political experience.

  • Just 24 percent of those polled said Congress should be allowed to have detailed oversight of the Fed, the poll shows. Fed Chair Janet Yellen came under pressure from conservatives in Congress this week, with some accusing her of bias towards Democrats. "There ought to be some review but I don't know that a full public disclosure of every comment attributed to...

  • NEW YORK, March 1- Greg Abel, the 52- year-old head of Berkshire Hathaway Energy, is not unlike the company he oversees: like utilities themselves, he is reliable, hard-working- and usually in the background. Those traits could serve him well should he indeed succeed the iconic Buffett, who has headed the sprawling Berkshire Hathaway conglomerate for 50 years.

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • CHICAGO, Feb 23- Chicago Mercantile Exchange lean hogs finished higher on Monday on strong cash prices and the resumption of cargo loading following Friday's West Coast port labor agreement, traders said. Monday morning's average market-ready or cash hog price in Iowa/ Minnesota surged $3.29 per hundredweight from Friday to $63.01, the U.S. Department of...

  • *Senate committee expected to call hearing on bill- sources. A similar Fed audit bill passed the House of Representatives late last year and a hearing on Fed transparency is expected to be formally called by the Senate banking committee, according to people familiar with the matter. "We feel the current system works well, it's time-tested, and there are all kinds of...

  • CHICAGO, Feb 23- Across the U.S. Many rent payments- which vary from a few thousand dollars for a tiny farm to millions for a major operation- are due on March 1, just weeks after the U.S. Department of Agriculture estimated net farm income, which peaked at $129 billion in 2013, could slide by almost a third this year to $74 billion. In Iowa, the nation's top corn and soybean...

  • *USDA cattle, storage reports on Friday. Thursday morning's average market-ready or cash hog price in Iowa/ Minnesota was up 52 cents per hundredweight from Wednesday to $57.71, the U.S. Department of Agriculture said. Separate USDA data showed the morning's wholesale pork price had risen 39 cents per cwt from Wednesday to $72.83.

  • LIVESTOCK-Strong beef prices lift CME live cattle futures Wednesday, 18 Feb 2015 | 4:41 PM ET

    *USDA cattle report on Friday. CHICAGO, Feb 18- Chicago Mercantile Exchange live cattle futures closed higher on Wednesday on short-covering in response to the jump in wholesale beef values, traders said. February closed up 0.575 cent per lb to 159.175 cents, and April 1.900 cents higher at 152.625 cents.

  • CHICAGO, Feb 17- Chicago Mercantile Exchange live cattle futures finished sharply lower on Tuesday on profit-taking following Friday's rally, traders said. February closed 1.400 cents per lb lower at 158.600 cents, and April down 2.500 cents at 150.725 cents. West Coast port slowdowns and disappointing volume of cattle sold last week, albeit at higher prices,...

  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • Water, air quality fears conflict with pig farms Monday, 16 Feb 2015 | 10:19 AM ET

    Modern meat production has proven to be efficient and profitable, but comes with its own set of problems.

  • CHICAGO, Feb 12- Chicago Mercantile Exchange lean hogs closed higher on Thursday, fueled by bargain hunting in the technically oversold market, traders said. Thursday morning's average market-ready or cash hog price in Iowa/ Minnesota dropped $1.35 per cwt from Wednesday to $57.06, the U.S. Department of Agriculture said. Separate USDA data showed the...