Iowa farmers adapt to climate shifts says ISU agronomist
ISU agronomy expert Gene Takle told a United Nations climate conference that Iowa farmers have adjusted to changing rain patterns by increasing planting density, selecting longer mature corn hybrids, and using larger planters to fit shorter dry windows. He notes more early season rain supports soil moisture but extreme events raise erosion risk.
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Strong third quarter for Iowa banking assets and loans
Iowa’s 340 banks and savings institutions posted gains in loans and deposits through Sept 30 as FDIC data show total loans and leases rising to 42.3 billion and deposits to 57.6 billion. The state’s average return on assets stood at 1.2 percent, with net income at 627 million, and 70 percent of institutions reporting earnings gains.
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Federal Deposit Insurance Corp
John Sorenson
Iowa Bankers Association
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Fla
How far over the fiscal cliff could they go
Lawmakers face a flexible Dec 31 deadline as tax cuts and automatic spending cuts loom. The White House can delay or apply measures retroactively, while the sequester and debt limit battles push negotiators toward a deal to avert a recession and market turmoil.
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