Oil settles above 77 as growth data calm markets
Oil futures closed at 77.02 a barrel in New York, near an all time high, amid technical buying and better than expected second quarter GDP growth of 3.4 percent. Gas prices edged higher at the pump after declines, while the national average dropped to 2.92 per gallon.
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Jim Ritterbusch
Ritterbusch & Associates
Galena
Ill
Bitterbusch
New York Mercantile Exchange
AAA
Oil Price Information Service
Tyson holds ground on Independence meat plant sale
Tyson Foods remains unwilling to sell the Independence plant despite local efforts. The facility closed in March 2006, hurting city revenue and the municipal utility, with 80 new jobs proposed by Independence Iowa Meat Processing Corp. Tyson cites interest but has not changed its position, while officials explore land sales and incentives to revive the site.
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Ben Lange
Iowa Meat Processing Corp
Lange
Ben
Wenzel
Buchanan County Economic Development Commission
Greg Halverson
Independence Iowa Meat Processing
Halverson
Gary Mickelson
Mickelson
Noel-Levitz Sells to Private Investor Group
Higher education consulting firm Noel-Levitz is sold by Sallie Mae to an investor group led by David Brooks and Vincent Viola. The Iowa City area operation will move to Coralville next week and keep its Colorado and Massachusetts locations. No terms disclosed.
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Noel-Levitz
Iowa City-area
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Massachusetts
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Iowa City
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Levitz
ACT
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Dallas
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New York
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Noel Levitz
Baylor
Crockett
Act Circle
University of Iowa
Oakdale Research Park
Coralville
Oakdale Blvd
Iowa’s sky buzzing with crop dusters
Crop dusters swarm Iowa corn fields as fungicide spraying rises statewide amid 3.36 per bushel corn prices. Indiana Crop Care’s Rusty McGraw notes spraying up with good results. aphids prompt soybean spraying in Buchanan and other counties. Spider mites arise amid hot dry spell. costs run 20 to 22 dollars per acre for corn fungicide and 12 to 13 dollars per acre for soybean aphids.
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Iowa
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Linn
Benton
Jim Fawcett
Iowa State University Extension
Iowa City
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