Top News & Analysis Iowa

  • The U.S. Centers for Disease Control and Prevention said it had recorded 626 cases of the highly contagious and sometimes deadly disease in 22 states as of April 19, the highest rate of infection in five years. Iowa and Tennessee were the two states that joined the CDC list with new measles cases. More than half the cases recorded this year occurred in New York City,...

  • *Soybean market eyes Latam crops, swine fever in China. In the United States, soybean inventories have swelled as the U.S.- China trade has hurt shipments of American soy to Chinese buyers. China instead made purchases from Brazil, which is expected to harvest a bigger-than-expected crop and remain stiff competition for global export sales.

  • The ITC report is a crucial step in the push for Congress to consider ratification of the U.S.-Mexico-Canada Agreement, signed by President Donald Trump and the leaders of the other two countries last year to replace the 25- year-old North American Free Trade Agreement. The trade deal's success or failure in Congress could be determined by how it is expected...

  • Corn futures were near unchanged, while wheat futures touched a one-month low at the Chicago Board of Trade. In the United States, soybean ending stocks have swelled over the past year due to competition for export business from South American suppliers and as the U.S.- China trade hurt shipments of U.S. soy to Chinese buyers. The most active soybean futures on...

  • *France opposes start of talks, Belgium abstained. BRUSSELS, April 15- The European Union is ready to start talks on a trade agreement with the United States and aims to conclude a deal before year-end, European Trade Commissioner Cecilia Malmstrom said on Monday. The EU approved two areas for negotiation, opposed by France with an abstention from Belgium.

  • *Soybeans also firm as market monitors U.S.- China talks. Bad weather is a worry because floods hit parts of Nebraska, Iowa and Missouri this year, and yields can decline if crops are planted too late. "The adverse weather in the U.S. is beginning to attract some attention," said Tomm Pfitzenmaier, analyst for Summit Commodity Brokerage in Iowa.

  • Traders were still digesting Thursday's export sales report from the U.S. Department of Agriculture showing that China bought more than 77,700 tonnes of U.S. pork in the latest week. "People think that equates to- eventually- big Chinese purchases in the world that ultimately filter back to the United States," said Don Roose, president of Iowa- based U.S....

  • Chicago Board of Trade May corn settled up 1 cent at $3.61 per bushel, staying inside Thursday's trading range. All three commodities posted modest weekly declines after the U.S. Department of Agriculture on Tuesday raised its U.S. and world ending stocks forecasts for corn and wheat, and traders waited for signs of progress in U.S. trade talks with top global soy...

  • As of 12:55 p.m. CDT, Chicago Board of Trade May corn was down 1/ 4 cent at $3.59-3/ 4 per bushel, staying inside of Thursday's trading range. All three commodities were on track to post modest weekly declines after the U.S. Department of Agriculture on Tuesday raised its U.S. and world ending stocks forecasts for corn and wheat, and traders waited for signs of...

  • CHICAGO, April 11- Chicago Mercantile Exchange lean hog futures closed higher on Thursday on strong weekly U.S. pork export sales, traders said, including more than 77,000 tonnes sold to China as a fatal hog disease continued to spread in the Asian country. Lean hog futures surged at the open, with the benchmark June contract soaring the daily 3- cent limit after...

  • Grain trader Cargill Inc said it was closing three of its grain handling facilities in Minnesota, two in South Dakota and one in Nebraska on Thursday because of the storm. Rival Archer Daniels Midland Co temporarily closed several grain and edible bean elevators in South Dakota, North Dakota, Minnesota and Wisconsin due to the snow. The storm was dumping more...

  • CHICAGO, April 10- Chicago Mercantile Exchange live cattle futures closed lower on Wednesday for a second straight session as worries eased about a blizzard disrupting feedlots in the U.S. "The storm system for the most part moved further to the north- more to South Dakota, and missed a lot of key areas in Nebraska," said Don Roose, president of Iowa- based U.S....

  • The decision to scrap the World Pork Expo, held by the National Pork Producers Council in Des Moines each June, signals growing fears about the spread of African swine fever in Asia. The Paris- based World Organization for Animal Health said on Wednesday that South Africa detected an outbreak of African swine fever, which has also been found in Vietnam and Europe.

  • CHICAGO, April 9- Most months of Chicago Mercantile Exchange lean hog futures closed down the daily 3- cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. It was down a little yesterday and the carcass values were weaker this morning, "said Doug Houghton, analyst with Brock Associates...

  • April 9- U.S. retirement plan administrator Principal Financial Group said on Tuesday it would buy Wells Fargo& Co's retirement plan services business for $1.2 billion, as it seeks a larger presence in markets serving mid-sized companies. "Principal will gain a strong foothold with mid-sized employers as more than two-thirds of Wells Fargo's institutional...

  • Rep. Eric Swalwell, D-Calif., speaks at a political event, Feb. 25, 2019, in Manchester, N.H.

    Presidential hopeful Eric Swalwell, a former prosecutor, wants a ban on military-style semi-automatic assault weapons.

  • CHICAGO, April 8- Chicago Mercantile Exchange lean hog futures closed mostly lower on Monday as softening cash hog prices sparked a round of profit-taking after Friday's contract highs, traders said. "Cash prices stopped moving higher at a rapid clip, so everyone is taking a step back," said Altin Kalo, agricultural economist for New Hampshire- based Steiner...

  • CHICAGO, April 8- U.S. corn futures declined on Monday as traders adjusted positions a day ahead of a monthly supply-and-demand report from the U.S. Department of Agriculture in which the government is expected to raise its forecast of U.S. corn ending stocks. Chicago Board of Trade May corn settled down 2-1/ 2 cents at $3.60 per bushel. After the CBOT close, the USDA...

  • CNBC's Robert Frank reports on a new campaign that is kicking off in Iowa called "Tax the Rich."

  • Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks at the Heartland Forum held on the campus of Buena Vista University in Storm Lake, Iowa, Saturday, March 30, 2019.

    Sen. Elizabeth Warren's call to break up big agriculture has stirred a debate, but industry groups are fighting back, saying her "proposals seriously miss the mark."