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Top News & Analysis Iowa

  • CHICAGO, Jan 17- The U.S. Dairy Export Council on Tuesday named former U.S. Vilsack, 66, served as head of the U.S. Agriculture Department for eight years and before that was governor of Iowa. Vilsack, who said he and his agency were tasked by the White House to provide "as smooth as possible" a transition to the new administration, said he did not know why Trump has taken so...

  • CHICAGO, Jan 17- U.S. soybean futures rose more than 2 percent on Tuesday, touching a six-month high on worries about excessive rains in Argentina crimping production prospects, analysts said. As of 12:17 a.m. CST, Chicago Board of Trade March soybeans were up 23-3/ 4 cents at $10.70 per bushel after reaching $10.75-1/ 2, the highest for a most-active contract since...

  • The report, the first of its kind from the U.S. Department of Agriculture to examine the actual impact of ethanol, said the biofuel reduces greenhouse gas emissions by 43 percent relative to gasoline, significantly more than the 21 percent estimated by the Environmental Protection Agency in 2010.. The analysis, prepared for USDA by Washington consultancy ICF...

  • NEW YORK, Jan 12- The U.S. government on Thursday said that ethanol is better for the environment than previously expected in a report boosting the country's biggest biofuel a week ahead of a new administration that has some in the industry concerned. The analysis puts the emissions benefits at the high end of those outlined by the U.S. Department of Energy and...

  • The secretary of the U.S. Department of Agriculture will not approve or reject the merger but will face the issue of industry consolidation. How Trump responds on those issues- and who he picks to lead the USDA- could determine whether he is able to maintain the strong rural support he demonstrated in the Nov. 8 election. Trump has also met with Elsa Murano,...

  • CHICAGO, Jan 6- U.S. soybean export sales slid to their lowest in the current marketing year last week, the U.S. Department of Agriculture said on Friday, fueling concerns among analysts and traders that formerly sizzling demand is cooling down. Exporters in the week ended Dec. 29 struck deals to sell 87,500 tonnes of U.S. soybeans for delivery in the 2016/ 2017...

  • WASHINGTON, Jan 5- The U.S. Nuclear Regulatory Commission told French nuclear power company Areva SA it will publish as early as next week the names of U.S. reactors that contain components from its Le Creusot forge that is suspected of falsifying documents despite the company's claim that the information is proprietary. Still, anti-nuclear power advocates,...

  • CHICAGO, Jan 4- U.S. soybean futures rose 1.9 percent on Wednesday on a round of bargain buying following three straight days of declines that pushed the benchmark contract to its lowest since mid-November, traders said. "We got down to the bottom end of the range on beans," said Don Roose, president of U.S. Commodities in West Des Moines, Iowa. Chicago Board of Trade...

  • "We got down to the bottom end of the range on beans," said Don Roose, president of U.S. Commodities in West Des Moines, Iowa. At 10:22 a.m. CST, Chicago Board of Trade March soybean futures were up 13-3/ 4 cents at $10.08-3/ 4 a bushel. CBOT March soft red winter wheat was 3-3/ 4 cents higher at $4.10-1/ 4 a bushel and K.C. March hard red winter wheat gained 5-1/ 2 cents to $4.19-1/ 2 a...

  • CHICAGO, Dec 30- Smithfield Food Inc, the world's biggest pork producer, is buying grain elevators and purchasing grain directly from farmers, a move that hits grain handlers already reeling from multiyear lows in corn and soybean prices. The Virginia- based company bought two Ohio grain elevators in September. For the first time, it can ship grain directly from...

  • As of 12:05 p.m. CST, Chicago Board of Trade March wheat futures were up 16 cents, about 4 percent, at $4.09-1/ 2 per bushel, after reaching $4.11, the contract's highest since Dec. 19. March corn was up 7 cents at $3.52-3/ 4 a bushel and most-active March soybeans were up 18-1/ 4 cents at $10.15-3/ 4 a bushel. Much of this is a simple correction from the losses that were posted...

  • WASHINGTON/ NEW YORK, Dec 22- Democrats are showing little interest in cooperating with the Republicans who control Congress on legislation to dismantle the Obamacare health insurance law but some are signaling a willingness to collaborate on action to curb rising drug prices. President-elect Donald Trump pledged two weeks ago to bring down drug prices,...

  • *Crop concerns keep Argentina weather in focus. Soybean traders kept an eye on South America's weather after dry conditions in Argentina, a major exporter, raised concerns about crop plantings and boosted prices earlier this month. On Tuesday, expectations for rains in dry areas of Argentina weighed on prices.

  • Also at risk is up to 10 percent of the soft red winter wheat in the Midwest, said David Streit, a meteorologist with the Commodity Weather Group. It's mainly southern Nebraska, and northern and western Kansas that are my concern areas. However, some spotty damage is still possible in west central Illinois, northern Missouri and southwest Iowa Sunday and Monday...

  • The civil lawsuit, led by antitrust investigators in Connecticut, comes one day after the U.S. Department of Justice filed criminal charges against two generic drug industry executives, alleging that they colluded to fix prices and split up market share. "We believe that this is the tip of the iceberg," Connecticut Attorney General George Jepsen told Reuters in...

  • WASHINGTON, Dec 15- Twenty states filed a lawsuit Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers, saying they conspired on pricing of two common generic drugs, according to a copy of the complaint. The civil lawsuit is one piece of a broader generic drug pricing probe that remains under way at the state and federal level, as well...

  • WASHINGTON, Dec 15- Connecticut and 19 other states filed a lawsuit on Thursday against Mylan NV, Teva Pharmaceuticals and four other generic drug makers saying they entered into illegal conspiracies that raised prices on two common generic drugs, the New York state attorney general's office said in a statement. The civil lawsuit is one piece of broader...

  • Now, a smaller challenger, Stine Seed, wants to disrupt that practice. Major genetically modified seed companies have largely stamped out the once-common practice of saving seed in the United States over the past two decades. Bayer "does not support saved seed," spokesman Jeff Donald said.

  • President-elect Donald Trump said the United States did not necessarily have to stick to its long-standing position that Taiwan is part of "one China," questioning nearly four decades of policy in a move likely to antagonize Beijing. "I fully understand the' one China' policy, but I don't know why we have to be bound by a' one China' policy unless we make a deal with China...

  • President-elect Donald Trump said the United States did not necessarily have to stick to its long-standing position that Taiwan is part of "one China," questioning nearly four decades of policy in a move likely to antagonize Beijing. "I fully understand the' one China' policy, but I don't know why we have to be bound by a' one China' policy unless we make a deal with China...