Insights and Stories on Iowa

Mar. 22, 2019 at 1:26 pm CDT

Chicago | Reuters — A massive supply of grains has shielded the futures markets from the impact of flooding in the U.S. Midwest so far, with traders largely shrugging off this week’s reports of destroyed storage bins, swamped elevators and questions about if waters will recede in time for planting. […]

By Mark Weinraub

Mar. 22, 2019 at 12:34 pm CDT

Mead, Neb./New York | Reuters — Massive flooding in the U.S. Midwest has knocked out roughly 13 per cent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa and South Dakota have been forced to shut down or scale back production following the devastation. Production facilities owned by […]

By Humeyra Pamuk, Jarrett Renshaw

Mar. 21, 2019 at 8:05 pm CDT

Chicago | Reuters — U.S. corn futures jumped more than one per cent on Thursday to their highest level in 2-1/2 weeks as concerns about delayed planting in the western U.S. Midwest sparked buying and fund short-covering. Soybeans followed corn higher, although gains were restrained by lower-than-expected weekly export sales […]

By Karl Plume

Mar. 20, 2019 at 8:15 pm CDT

Winslow, Neb./Chicago | Reuters — Midwestern farmers have been gambling they could ride out the U.S.-China trade war by storing their corn and soybeans anywhere they could — in bins, plastic tubes, in barns or even outside. Now, the unthinkable has happened. Record floods have devastated a wide swath of […]

By Humeyra Pamuk, P.J. Huffstutter, Tom Polansek

Mar. 19, 2019 at 7:21 pm CDT

Reuters — The floods that have devastated large swaths of Nebraska and Iowa since late last week left house pets homeless, inflicted an unknown toll on livestock and led to several daring water rescues of animals from dogs to horses. Rescuers in the Omaha area, where the Platte, Elkhorn and […]

By Peter Szekely