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Top News & Analysis Iowa

  • MUSCATINE, Iowa _ HNI Corp. on Monday reported second-quarter earnings of $13.8 million. On a per-share basis, the Muscatine, Iowa-based company said it had profit of 31 cents. For the current quarter ending in October, HNI expects its per-share earnings to range from 76 cents to 86 cents.

  • CHICAGO, July 24- U.S. meat producers are earning some of the highest profit margins in more than a decade, a bright spot for investors in agriculture, where grain farmers and trading companies are struggling to make money after years of massive oversupply. "Margins are excellent," Joe Sanderson, chief executive officer of Sanderson Farms, told Reuters last month.

  • Wheat futures were weaker, with a sell-off in MGEX spring pulling Chicago Board of Trade soft red winter wheat and K.C. hard red winter wheat contracts into negative territory. "Corn was down all day long off of unexpected rains through the center of Iowa and a six-to-ten day model run that came in somewhat wetter and less hot than yesterday's," Charlie Sernatinger,...

  • The Labor Department said Friday that unemployment rates fell in 10 states and rose in only 2. The rate has fallen below 3 percent in five states: Colorado, Hawaii, Nebraska, New Hampshire and North Dakota. North Dakota's unemployment rate fell to 2.3 percent, a record low for the state dating back to 1976 and tying for lowest in the nation with Colorado.

  • SYDNEY/ PARIS, July 21- U.S. corn fell below $4 a bushel on Friday as traders took profits at the end of a week where corn was on track to gain around 2.5 pct in response to forecasts for continued adverse weather which added to fears of production losses. The most active corn futures on the Chicago Board Of Trade were down 1.3 percent to $3.99-1/ 2 a bushel after closing...

  • SYDNEY, July 21- U.S. corn edged lower on Friday, but the grain was on track to post a weekly gain of around 3.5 pct as forecasts for continued adverse weather stoked fears of production losses. The most active corn futures on the Chicago Board Of Trade were down 0.4 percent to $4.03-1/ 4 a bushel after closing up 2.1 percent on Thursday when prices hit a high of $4.06-3/ 4...

  • SYDNEY, July 21- U.S. corn edged lower for the first time in four sessions on Friday, but was still poised to post weekly gains of nearly 4 percent as concerns about potential crop losses from adverse weather support prices. *Corn crop condition ratings declined earlier this week in top-producing states of Iowa, Illinois and Nebraska, and extended outlooks for...

  • CHICAGO, July 20- China officials have agreed to allow imports of U.S. rice for the first time ever, U.S. Department of Agriculture Secretary Sonny Perdue said on Thursday. China opened its rice market when it joined the World Trade Organization in 2001 but a lack of phytosanitary protocol between China and the United States effectively banned imports, according...

  • "Temperatures will continue to bake the northern Plains and western Corn Belt until the weekend, with triple-digit readings expected in parts of Iowa," Farm Futures senior analyst Bryce Knorr said in a note to clients. The benchmark Chicago Board of Trade September soft. Chicago Board of Trade corn for December delivery settled up 8-1/ 2 cents at $4.04-3/ 4 a bushel.

  • "Temperatures will continue to bake the northern Plains and western Corn Belt until the weekend, with triple-digit readings expected in parts of Iowa," Farm Futures senior analyst Bryce Knorr said in a note to clients. The benchmark Chicago Board of Trade September soft. At 11:39 a.m. CDT, Chicago Board of Trade corn.

  • CHICAGO, July 20- China officials have agreed to allow imports of U.S. rice for the first time ever, U.S. Department of Agriculture Secretary Sonny Perdue said on Thursday. "We waited a decade for the protocol to be signed and our members are anxious to meet the demand of China's consumers for safe, high-quality U.S. rice," USA Rice President Betsy Ward said in a...

  • LONDON, July 20- U.S. wheat futures hit a three-week low on Thursday, weighed down by ample global supplies, while corn and soybean prices were higher, buoyed by continued fears of further crop damage. The most active wheat futures on the Chicago Board Of Trade were down 0.55 percent at $5.00-1/ 4 a bushel by 1017 GMT after touching a low of $4.95- the weakest since June...

  • SYDNEY, July 20- U.S. wheat fell more than 1 percent on Thursday to hit a three-week low, weighed down by ample global supplies despite lingering fears for high quality crops. The most active wheat futures on the Chicago Board Of Trade were down 1.2 percent at $4.96-3/ 4 a bushel by 0326, near the session low of $4.95 a bushel- the lowest since June 29.

  • SYDNEY, July 20- U.S. corn edged higher for a third consecutive session on Thursday as forecasts for dry weather fueled fears of further crop damage. *The most active corn futures on the Chicago Board Of Trade were up 0.1 percent to $3.96-3/ 4 a bushel, having gained 1.4 percent in the previous session. *Corn crop condition ratings declined earlier this week in...

  • CHICAGO, July 19- Chicago Board of Trade corn and soybean futures rose more than 1 percent on Wednesday, extending gains from the previous session on outlooks for mostly dry weather that likely will stress U.S. crops, traders and analysts said. This time, the heat is there, " U.S. Commodities President Don Roose said. Corn crop condition ratings declined earlier this...

  • LA CROSSE, Wis.— The Kwik Trip convenience store chain is acquiring a competing company also based in Wisconsin. Kwik Trip, of La Crosse, has signed an agreement to acquire PDQ, a Middleton company that operates 34 convenience stores in southeastern Wisconsin. The Kwik Trip chain has 570 stores in Wisconsin, Minnesota and Iowa and employs more than 19,000 people.

  • SYDNEY/ PARIS, July 17- U.S. wheat fell to a 17- day low on Monday as rains across a major producing region weighed on the market, though forecasts for continued dry weather helped to limit the slide in prices. The most active wheat futures on the Chicago Board of Trade were down 0.4 percent at $5.08-1/ 2 a bushel by 1028 GMT, after hitting a session-low of $5.02-3/ 4 a...

  • SYDNEY, July 17- U.S. wheat fell 1 percent to hit a 17- day low on Monday as rains across a key producing region weighed on prices, though forecasts for continued dry weather provided a floor to losses. The most active wheat futures on the Chicago Board of Trade were down 1.1 percent at $5.05-1/ 4 a bushel by 0340 GMT, near the session-low of $5.02-3/ 4 a bushel- the weakest...

  • SYDNEY, July 17- U.S. wheat prices dropped for a fourth consecutive session to hit a 17- day low as rains fell across a key U.S. growing region, easing fears of tight supply following recent prolonged hot, dry weather. *The most active wheat futures on the Chicago Board of Trade were down 1.3 percent at $5.04 a bushel, near the session-low of $5.02-3/ 4 a bushel- the weakest...

  • CHICAGO, July 14- U.S. corn and soybean futures jumped more than 1 percent on Friday on bargain buying after steep losses during the past two sessions, traders and analysts said. We're turning into another hot and dry pattern, "said Futures International analyst Terry Reilly. CBOT September corn futures were up 4-1/ 4 cents to $3.74 per bushel and CBOT August...