Eastern Iowa banks plan three-way merger under one charter
Three Eastern Iowa banks owned by Central Bancshares of Muscatine will merge into a single institution under one charter. Freedom Security Bank Kalona Coralville Central State Bank Muscatine Wilton and West Chester Savings Bank Washington will operate under an unspecified common name after regulatory approval.
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Sourcemedia.net
Weatherholds slow corn planting as mid-April warmth looms
Agricultural meteorologists report cold wet conditions in the Midwest and Plains delaying spring fieldwork and corn sowing. Don Keeney of MDA Weather Services sees a rapid planting push by mid-April with improved soil warmth and wheat stress easing after rains. He notes dry spells in the far southwest Plains and drought pressures in the Plains wheat belt persist.
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U.S. jobless claims jump to four month high in March
Initial claims rose 28,000 to 385,000, the highest since November, signaling softer labor market momentum in March. The four week moving average increased to 354,250, with economists predicting slower job gains and a steady jobless rate amid looming sequestration budget cuts.
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Reuters
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Back to the Futures: Friday Grain and Gasoline Prices
The Gazette runs a weekly quick discussion titled Back to the Futures every Friday on its site. It covers the week's grain and livestock markets, gasoline prices, and related topics.
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