Top News & Analysis Iowa

  • China's President Xi Jinping shakes hands with U.S. President Donald Trump (L) during a business leaders event at the Great Hall of the People in Beijing on Nov. 9, 2017.

    American farmers already have been impacted by retaliatory tariffs from the U.S.-China trade war and the ratcheting of tensions once gain is unfortunate and comes at a lousy time, according to Iowa Agriculture Secretary Mike Naig.  

  • NEW YORK/ CHICAGO, Sept 17- Major U.S. ethanol producer Green Plains Inc is shutting down or cutting output at plants across the Midwest due to low profit margins, five industry sources told Reuters on Monday. The slash in production comes after the Trump administration's escalating trade disputes cut off U.S. access to ethanol markets in China, contributing to a...

  • OMAHA, Neb.— The Omaha World-Herald's reporters and editors are considering forming a union at the newspaper owned by Warren Buffett's Berkshire Hathaway. About three-quarters of the 95 journalists at the newspaper have said they want to be represented by the NewsGuild-Communications Workers of America union. The unionization effort was inspired partly...

  • VERONA, N.Y., Sept 13- Breaking off from a tour of dairy operations on a farm in upstate New York, U.S. A former Georgia governor and veterinarian whose family farmed about 1,000 acres, Perdue has kept a low profile in volatile Washington but served as a kind of ambassador for Trump across broad swaths of rural America. While many farmers remain loyal to the president,...

  • DES MOINES, Iowa— A group of Iowa landowners and an environmental group asked the Iowa Supreme Court Wednesday to declare a crude oil pipeline permit illegal under the Iowa Constitution, a decision that could force the pipeline in operation for more than a year to be turned off. The farmers' land was taken through eminent domain approved by the state utilities...

  • CHICAGO, Sept 12- The U.S. Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to expectations of record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana. USDA also boosted its outlook for Russian wheat production, where concerns about dry conditions had raised concerns about export cuts...

  • CHICAGO, Sept 12- The U.S. Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to expectations of record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana. In its monthly supply and demand report, USDA pegged the 2018/ 19 corn harvest at 14.827 billion bushels, based on an average yield of 181.3...

  • CHICAGO, Sept 12- The U.S. Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to an outlook for record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana. In its monthly supply and demand report, USDA pegged the 2018/ 19 corn harvest at 14.827 billion bushels, based on an average yield of 181.3...

  • ANKENY, Iowa _ Casey's General Stores Inc. on Monday reported fiscal first-quarter net income of $70.2 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share. Five analysts surveyed by Zacks expected $2.55 billion.

  • That compared with a 2.6 percent increase to around $56,000 for the country as a whole, according to a Reuters analysis of Labor Department data. On Friday, the Labor Department reported separate data showing average hourly earnings nationwide rose by 2.9 percent in August from a year earlier, the fastest rate in nearly a decade. More than a third of the counties...

  • Its statement did not name Facebook Inc and Twitter Inc, whose executives testified in Congress on Wednesday, but the firms have been harshly criticized by President Donald Trump and some of his fellow Republicans for what they see as an effort to repress conservative voices. Attorney General Jeff Sessions convened the meeting, set for Sept. 25, "to discuss a...

  • People fish as rain and wind are whipped up by Tropical Storm Gordon on September 3, 2018 in Miami, Florida. 

    Tropical Storm Gordon never became a hurricane but it was deadly all the same, killing a child by blowing a tree onto a mobile home as it made landfall late Tuesday just west of the Alabama-Mississippi border.

  • CHICAGO, Sept 4- U.S. wheat futures dropped 2.5 percent on Tuesday to a one-week low after Russia's agriculture ministry said it had no plans to restrict grain exports from the world's biggest wheat supplier, traders said. "We won't get big, consistent business until the rest of the world is definitely out of wheat," said Mark Schultz, chief analyst at Minnesota- based...

  • "We think that it probably has been underreported in China- the way they're able to control their media about that," Perdue said at Landus Cooperative office in Ames, Iowa. China on Aug. 3 reported its first cases of the deadly ASF in Liaoning province and found another outbreak in Zhengzhou in central Henan province two weeks later. The Ministry of Agriculture and...

  • Urbandale is outside of Des Moines, Iowa

    In a few places, GOBankingRates reports, "middle-income families continue to thrive."

  • CHICAGO, Aug 29- U.S. wheat futures rose 3.5 percent on Wednesday on technical buying and rumors that Russia might curb wheat exports, traders said. Wheat jumped on talk that Russia, the world's biggest wheat supplier, might curtail exports after a disappointing harvest this summer. "Wheat prices posted double-digit gains overnight on rumors that Russia may...

  • CHICAGO, Aug 27- U.S. soybean and corn futures fell to six-week lows Monday on expectations of large U.S. crops and fears that hog disease in China might hurt demand for feed, analysts said. As of 12:51 p.m. CDT, CBOT November soybeans were down 8 cents at $8.47-1/ 4 a bushel after dipping to $8.38-1/ 4, the contract's lowest since July 16. Also bearish were fears that...

  • CHICAGO, Aug 27- The U.S. Department of Agriculture said it will give details at 2 p.m. EDT on Monday of a planned $12 billion aid package to compensate farmers for an estimated $11 billion in losses due to trade disputes with other countries. China has traditionally bought about 60 percent of U.S. soybeans but has been largely out of the market since implementing...

  • Washington and Illinois, two of last year's top five export states by dollar value, for the first time warned about potential trade-related consequences in documents for recent bond sales. Now an expanding tariff war with China and Trump's threat to withdraw from the 24- year-old North American Free Trade Agreement between the United States, Mexico and...

  • Chicago Board of Trade December wheat settled down 5-1/ 4 cents at $5.36-1/ 2 per bushel after dipping to $5.35, its lowest since July 25. CBOT December corn ended up 1-3/ 4 cents at $3.62-3/ 4 a bushel and November soybeans rose 1-1/ 4 cents at $8.55-1/ 4. The U.S. Department of Agriculture on Thursday reported export sales of U.S. wheat in the week to Aug. 16 of 239,800 tonnes,...