Early frost risk grows as Iowa endures coolest summer in years
Iowa faces a high chance of an early killing frost as researchers note the state is entering the second-coldest summer on record. Crop officials warn cool weather and Mount Pinatubo's volcanic effects threaten corn and soybean yields while weekly reports show slow crop development and mixed condition ratings.
MENTIONED IN THIS ARTICLE
DES Moines
Harry Hillaker
Iowa
Hillaker
Iowa Agricultural Statistics Crop Report
National Weather Service
Mount Pinatubo
Philippines
Pinatubo
Krakatoa
Indonesia
Dale Cochran
Blair Nebraska to host fifth Cargill corn plant
Cargill Inc will build its fifth corn processing facility in Blair Nebraska a Missouri River city near Omaha. The phased plant will vary in size and product mix based on demand and joins existing facilities in Cedar Rapids Eddyville Dayton Ohio and Memphis Tennessee producing corn sweeteners starches oil citric acid and feed ingredients. The Eddyville site will start ethanol production this fall.
MENTIONED IN THIS ARTICLE
Cargill Inc
Blair
Neb
Missouri
Omaha
Mike Urbanic
Cargill
Cedar Rapids
Eddyville
Dayton
Ohio
Memphis
Sunoco Exits Iowa After Tulsa Refinery Downturn
Sunoco will stop marketing gasoline in Iowa affecting 15 wholesalers, including West Liberty Oil Co. owner Tom Brooke. The Tulsa refinery will close seven units and lay off 200 workers, shifting focus to lubricants and wax. Sunoco will still supply some fuels for six months while seeking options.
MENTIONED IN THIS ARTICLE
Gazette
Associated Press
Sun Co
Tom Brooke
Brooke
West Liberty Oil Co
Sunoco
Iowa
Des Moines
Arkansas River
Missouri
Oklahoma
Tulsa
Sun
Johnson Ave
Deli & More
Duffy Dr
Chad Rodgers
Diving dollar drags stocks to new lows
Markets extended losses as the dollar weakens. The Dow fell to 3,228.17, a 42 month low, with 10 up, 22 down in Eastern Iowa issues. Major declines hit Firstar Maytag and Heartland Express while Pennzoil edged higher amid broader credit and Fed rate cautions. United Airlines announced a fare cut promotion with coupons for flights later in the year.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Federal Reserve
Iowa
Firstar
Maytag
Heartland Express
Pennzoil
Wall Street
Fed
General Motors
Ford Motor
Chrysler
NEW York Stock Exchange
Tra
American Race Exchange
Otal
Imatra
Amex
Indus
Standard & Poor
Tran
Utilities Ne
Wilshire Associates
Maytag reorganizes to cut offices and boost sales force
Maytag plans a company wide reorganization to adapt to weak economy and strong competition. About 150 office jobs will be cut at Magic Chef in Cleveland Tennessee and roughly 120 new jobs added at Jenn Air in Indianapolis. No production jobs are cut. The move triggers a 95 million dollar one time charge and affects Maytag Magic Chef Jean Air Norge Admiral and Hoover units in North America and Europe. A reorganized sales force will market Jean Air Magic Chef Norge and Admiral products to retailers and builders starting January 1.
MENTIONED IN THIS ARTICLE
Robert Campbell
Sun
Campbell
New York Stock Exchange
Leonard Hadley
Maytag
Hadley
Europe
U.S
Corpo
Ration
Magic Chef
Jean-Air
Norge
Admiral
North America
Hoover
Jean- Air
Maytag Co
Maytag Corp
Newton
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Montana
Canada
Cochran
Nebraska
Administrative Office
South Dakota
Los Angeles
Trilby Lundberg
Lundberg
Chicago
Chicago Board of Trade
IBM
New York
United States
Norand
Racotek
Norand Corp
Minneapolis
Racotek Inc
Rockwell-Goss Sells
Rockwell Graphic Systems
Baltimore Sun Co
Baltimore
Tove Jones
Ed Walston
Rodgers
Martin Design
P.C. Ament Engineering
Ament Engineering
Robins Rd
Hiawatha
Dry Creek Lane
Garling Construction
Belle Plaine
Associated Press and Gazette
United
United Airlines
Northwest Airlines
Northwest
Sales Force
Leonard
Source
Iowa City
Marion
Repsat
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