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Tag Archives iowa — page 2

U.S. President Donald Trump participates in a disaster recovery briefing following last week’s severe windstorm, at the Eastern Iowa Airport in Cedar Rapids on Aug. 18, 2020. (Photo: Reuters/Tom Brenner)
Crops

Trump visits Iowa as officials warn storm destroyed corn crops

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Cedar Rapids | Reuters — U.S. lawmakers and state officials from Iowa said on Tuesday that much of the state’s corn crop will not be harvested following a fierce windstorm last week, as President Donald Trump visited to review the damage. The destruction from the Aug. 10 derecho storm compounded troubles for a U.S. agricultural […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans near seven-month high as dryness threatens crop

Corn up one per cent after storm hits U.S. crop in key growing region

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Chicago | Reuters — Chicago soybean futures rallied on Monday to a nearly seven-month high on reports of dry weather in the United States, while corn futures hit their highest in a month on fresh concerns over damage from a storm in Iowa a week ago. August has been one of the driest on record […] Read more
Crops

Monday’s storm hit an estimated 37.7 million acres in U.S. Midwest

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Chicago | Reuters — A storm packing hurricane-force winds on Monday impacted 37.7 million acres of farmland across the Midwest, including 14 million in Iowa, the Iowa Soybean Association said on Friday, citing estimates from the U.S. Department of Agriculture. The toll from the derecho storm has worsened as farmers and grain handlers have spent […] Read more
CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Corn eases on profit-taking

Traders question USDA numbers, raising uncertainty

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Chicago | Reuters — Chicago corn inched slightly lower on Friday, as traders questioned federal acreage data and assessed the extent of storm damage in the U.S. Midwest. Prices slipped early in the day, after a rally in the previous session pushed corn futures to a four-week high. Soybeans also fell after jumping to a […] Read more
(USDA.gov via Flickr)
Crops, Markets

U.S. farmers to harvest record-large corn crop, second-largest soy crop, USDA says

Estimates don't include impact of recent Midwest storm

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Chicago | Reuters — U.S. farmers will reap their biggest corn harvest and their second biggest soybean harvest this fall as good summer weather shepherded the crops through key phases of development, the U.S. Agriculture Department said on Wednesday. The crop outlooks, which also included average yields for both corn and soybeans as the largest […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures tread water as Midwest’s farmers assess storm damage

Analysts still expect large U.S. harvest

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Chicago | Reuters — U.S. corn futures ended flat on Tuesday as traders and analysts predicted that farmers will harvest a large crop despite a damaging storm that tore across the U.S. Midwest on Monday. Soybean futures were steady, while wheat futures rose on technical buying. Farmers are assessing the damage to their corn from […] Read more
(TysonFoods.com)
Livestock

Tyson to shut Iowa pork plant against COVID-19 outbreak

Plant handles up to 3.5 per cent of U.S. pork output

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Chicago | Reuters — Tyson Foods said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s food supply. Meat processors such as Tyson, WH Group’s Smithfield Foods and JBS USA temporarily closed about […] Read more
(ThamKC/iStock/Getty Images)
Crops, Markets

White House to stick with 2020 biofuel plan, despite farmer objections

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New York | Reuters — The Trump administration plans to stick with its proposed 2020 biofuel blending requirements, the White House said on Wednesday, despite anger among farmers that the plan does too little for corn growers. The decision could undermine President Donald Trump’s support among farmers, an important constituency in the November 2020 election. […] Read more
Schuler’s MS550 multi-screw vertical mixer has a mixing capacity of 550 cubic feet. (SchulerMfg.net)
Crops, Machinery

Vermeer buys TMR mixer maker Schuler

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U.S. hay and forage equipment manufacturer Vermeer Corp. is expanding its reach in the cattle feeding business with a deal for fellow Iowa firm Schuler Manufacturing. Vermeer announced Wednesday it purchased Schuler for an undisclosed sum and that Schuler products will still “initially” be sold under the Schuler brand, but with an “intentional transition” to […] Read more

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