The race for Senate in Iowa between Democratic Rep. Bruce Braley and Republican nominee Joni Ernst is dead even. CNBC's John Harwood looks at the key economic issues that could tip the balance.» Read More
CHICAGO, June 30- Rising flood waters were expected to make 11 locks and dams impassable on the mid- and upper- Mississippi River and force the closure of the river later on Monday from Bellevue, Iowa, to Saverton, Missouri, the U.S. Army Corps of Engineers said. Near-record rains caused extensive flooding last week in parts of Minnesota, Iowa and the Dakotas.
*Chicago Board of Trade grain and soy futures tumbled on Monday keeping farmers uninterested in selling crops after the U.S. Agriculture Department forecast a record autumn harvest and larger-than-expected existing supplies. *USDA said the corn crop was rated 75 percent good to excellent as of June 29, up 1 percentage point from a week earlier.
June 30- Rising flood waters were expected to make 11 locks and dams impassable on the upper Mississippi River, forcing the closure of the river later on Monday from Bellevue, Iowa, to Saverton, Missouri, the U.S. Army Corps of Engineers said.
*Corn bids held mostly steady amid a more active pace of farmer sales. Corn futures are hovering near a four-month low and growers increased sales this week to protect against further losses in price.
*Soybean futures on the Chicago Board of Trade surged on Thursday after the U.S. Department of Agriculture reported higher-than-expected old-crop export sales. *A processor in Decatur, Illinois, increased its soybean basis bid by 10 cents a bushel while a river elevator in Davenport, Iowa, dropped its bid by 2 cents.
*Earnings jump 49 pct to $11.4 mln. June 26- Winnebago Industries Inc, the largest U.S. motorhome maker, reported its strongest quarterly revenue since 2005 as Americans spend more on big-ticket items in an improving economy. Winnebago's net income jumped 49 percent to $11.4 million, or 42 cents per share.
An inexpensive place with a friendly regulatory climate, Iowa ranks well annually. But is suffers from a shortage of skilled labor.
NEW YORK, June 23- For years, some U.S. states and cities failed to put enough money into their retirement systems, leaving an estimated $1 trillion gap in public pension funds across the country. But in two of the states with the biggest pension problems, New Jersey and Illinois, recent reforms allow lawsuits to seek to compel full contributions.
Ranks of minority entrepreneurs vary across states, according to a report published this month by the Small Business Administration.
Harrisvaccines, an Iowa- based company, developed the vaccine approved by USDA this week. PEDv does not threaten humans or food safety, according to the USDA.
June 19- Aluminum giants Alcoa Inc and Novelis Inc spent decades wooing Detroit's automakers to toss out their heavy steel vehicle bodies and overhaul their factories in order to mass produce vehicles made out of lighter aluminum.
These states are Nevada, Kansas, Iowa, Louisiana, Indiana, Florida, Connecticut, Arkansas, Illinois, Kentucky and New York, sources familiar with the probes told Reuters. GM has turned over thousands of emails and other documents to help in the probe, the Wall Street Journal reported earlier on Friday, citing sources.
With low costs of living and doing business, Iowa is increasingly the location of choice for domestic and international corporations.
NEW YORK, June 11- House Majority Leader Eric Cantor's shocking defeat isn't likely to have much effect on U.S. financial markets-- unless his departure emboldens Tea Party Republicans to again threaten a government shut-down over the debt ceiling next year, investment strategists said.
WASHINGTON, June 10- E-cigarette use should be banned on domestic flights and those to or from the United States, seven U.S. senators said on Tuesday in a letter urging the Department of Transportation to finalize rules proposed almost three years ago.
Vilsack, speaking to a roomful of farmers at an industry gathering in Iowa, said they must tell the U.S. Department of Agriculture about outbreaks of Porcine Epidemic Diarrhea virus effective immediately to help control the spread of the disease.
A small agricultural biotech company in Ames, Iowa, may have found a treatment for a disease that's wiping out pigs.
DES MOINES, Iowa, June 4- The impact of a deadly pig virus on U.S. trade is mounting, with 11 countries limiting imports of live hogs and one banning pork imports, the U.S. Department of Agriculture's top veterinarian said on Wednesday.
Do Republicans support Thad Cochran in a runoff and risk damaging tea partyer Chris McDaniel, who could wind up their nominee? Politico's Ben White reports.
CHICAGO, June 3- Quality Egg LLC and two top executives on Tuesday admitted to selling substandard eggs containing a "poisonous" substance and bribing a federal inspector in a food-safety scandal that sickened tens of thousands, the U.S. Department of Justice said.