Top News & Analysis Iowa

  • CHICAGO, Jan 17- A steep downturn in U.S. ethanol output linked to the trade war with China is raising costs for American farmers who feed a byproduct of the corn-based biofuel to hogs, cattle and chickens. Sales of the feed, known as distillers' dried grains, or DDGs, were one of the bright spots for ethanol makers such as Green Plains Inc, Valero Energy Corp and Pacific...

  • President Donald Trump is likely to move ahead with tariffs on imported vehicles, a move that could prompt the European Union to agree a new trade deal, said Senate Finance Committee Chairman Charles Grassley on Wednesday. Trade Representative Robert Lighthizer on trade issues, said he did not like new tariffs but "they are a fact of life when Trump is in the White...

  • CHICAGO, Jan 16- Chicago Mercantile Exchange lean. 6, settling 2.100 cents lower at 60.050 cents per pound. Hogs in the top cash market of Iowa and southern Minnesota edged up 44 cents to $51.91 per cwt, according to the U.S. Department of Agriculture.

  • Trade Representative Robert Lighthizer has assured lawmakers that companies will be able to request exclusions on tariffs on $200 billion worth of goods under discussion with Beijing if talks do not yield a deal by the March 2 deadline. The Trump administration was scheduled to increase the most recent tariffs to 25 percent but delayed it until March 2 to...

  • Midwest, causing at least five roadway deaths, stranding some motorists in Missouri and canceling dozens of flights, marched east toward Washington on Saturday. The storm hit Kansas and Missouri on Friday and pummeled those states again on Saturday as it extended into parts of Iowa, Illinois, Indiana and Ohio, said U.S. In Kansas City, snow dusted the field at...

  • Midwest, causing several roadway deaths, stranding some motorists in Missouri and cancelling dozens of flights, marched east toward Washington on Saturday. The storm hit Kansas and Missouri on Friday and pummeled those states again on Saturday as it extended into parts of Iowa, Illinois, Indiana and Ohio, said U.S. In Kansas City, seats at Arrowhead Stadium were...

  • Midwest, stranding some motorists in Missouri and cancelling dozens of flights, marched east toward Washington on Saturday. The storm hit Kansas and Missouri on Friday and continued pummeling those states on Saturday, as it extended into parts of Iowa, Illinois, Indiana and Ohio, said U.S. More than 1,200 motorists in Missouri were stranded and there were four...

  • Senate Judiciary Committee Chairman Chuck Grassley (R-IA) talks with reporters as he heads for a meeting at the U.S. Capitol October 02, 2018 in Washington, DC. 

    "I believe you're going to find it in the courts almost immediately," says the Iowa Republican. "It contravenes the power of the purse" of Congress.

  • Rep. Steny Hoyer, (D-MD).

    "For me, it's a practical issue. Is it effective? Will it work? Is it the best thing we can do to secure the border? Most of the people I talk to, including on the border, don't think it is," Maryland Rep. Steny Hoyer says.

  • Anti-Trump Billionaire Tom Steyer hosts a town hall meeting on December 4, 2018 in Charleston, South Carolina. Steyer, founder of NextGen America and Need to Impeach, is testing the waters for a 2020 presidential run.

    Steyer is part of a large list of potential candidates for the Democratic Party's nomination in 2020. The tour could be a make-or-break stretch for his presidential ambitions.

  • *Soy down 7 pct in 2018, buffeted by U.S.- China tussle. U.S. soybean futures ended lower, retreating from early advances tied to signs of thawing trade tension between Washington and top global soy buyer China. Chicago Board of Trade March wheat futures settled down 8-1/ 4 cents at $5.03-1/ 4 per bushel after touching $5.03, the contract's lowest since Jan. 24, and the...

  • *Soybean market buffeted by U.S.- China tussle in 2018. U.S. soybean futures turned lower, retreating from early advances tied to signs of thawing trade tension between Washington and top global soy buyer China. As of 12:40 p.m. CST, Chicago Board of Trade March wheat futures were down 8 cents at $5.03-1/ 2 per bushel after touching $5.03, the contract's lowest...

  • NEW YORK, Dec 28- Wells Fargo& Co will pay $575 million to settle claims made by U.S. states that the bank created phony accounts and committed other customer abuses, according to a statement by the Iowa attorney general's office. As of the end of the third quarter of 2018, Wells Fargo had set aside $400 million of the settlement amount and expects to allocate the...

  • NEW YORK Dec 28- Wells Fargo& Co will pay $575 million to settle claims made by U.S. states that the bank created phony accounts and committed other customer abuses, according to a statement by the Iowa attorney general's office. The deal announced on Friday will settle similar claims by attorneys general from all 50 states and the District of Columbia.

  • NEW YORK/ RALEIGH, N.C., Dec 28- Wells Fargo& Co will pay $575 million to settle claims made by U.S. states that the bank created phony accounts and other customer abuses, according to a statement by the Iowa attorney general's office. As of the end of the third quarter of 2018, Wells Fargo had set aside $400 million of the settlement amount and expects to set aside the...

  • *Global funds underexposed the most to Japan since 2010. *Japan seen as "global cyclical" market; liquid and easy-to-sell. In a warning sign of what might be in store, a Wall Street rout this week sent the Tokyo's Nikkei share average crashing into bear market territory, underscoring how synchronised Japan is to the global economic cycle.

  • *Global funds underexposed the most to Japan since 2010. *Japan seen as "global cyclical" market; liquid and easy-to-sell. "Japan is a global cyclical market and it's the wrong time in the cycle," said Mark Maribeau, head of global equity at Jennison Associates, one of PGIM's investment arms in Boston, which manages $181 billion in assets.

  • CHICAGO, Dec 27- U.S. grain and soybean futures stabilized on Thursday after a decline swept them to their lowest prices in nearly a month. The most actively traded March soybean contract slipped 0.1 percent to $8.82-1/ 2 a bushel at the Chicago Board of Trade. Most-active March corn futures gained 0.4 percent to $3.74-1/ 2 a bushel, after reaching its lowest price...

  • *Traders watch for American soy, corn sales to China. *U.S. farmers worry China will more buy Brazil soy. "A bull needs to be fed every day on some China news, and we didn't have it," said Don Roose, president of Iowa- based broker U.S. Commodities.

  • *U.S. traders watch for soy sales to China. *Farmers worry China will look to Brazil for soy. "A bull needs to be fed every day on some China news, and we didn't have it," said Don Roose, president of Iowa- based broker U.S. Commodities.