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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 30, 2007
Page
11
Stocks declined on Friday as investors sold shares amid higher oil prices and ongoing concerns over subprime mortgage lending. The Dow fell 13.66 to 13,408.62, the S&P 500 slid 2.36 to 1,503.35, and the Nasdaq dropped 5.14 to 2,603.23, capping a strong quarter with gains of over 1,000 points for the Dow.
America's first customized renewable energy E85 chopper will be shown in Cedar Rapids today from 9 a.m. to 1 p.m. at Pat McGrath Chevrolet and at 5 p.m. at Kirkwood Community College. commissioned by the Iowa Farm Bureau for Join the Ride Iowa, built by Orange County Choppers from American Chopper. Raffle tickets cost 10 dollars with proceeds benefiting the American Lung Association of Iowa.
Senator Tom Harkin will visit Frontier Natural Products Co op in Norway Iowa on Monday. He chairs the Senate Agricultural Committee as it drafts the new farm bill, and company officials will discuss organic farming issues and sustainability with him during tours of the manufacturing site, childcare center, and cafeteria.
A northeast Cedar Rapids complex known as The Pointe at 4025 Sherman St NE plans a July 24 grand opening to celebrate the completion of a major remodeling. Formerly Spring Park apartments, the 42 year old complex was bought in 2005 by Canat Inc of McHenry NIL, which invested over $20 million in purchase and upgrades.
A government report shows 92.9 million acres of corn planted in 2007, up 19 percent from 2006 and 8 percent above March estimates. Iowa led with 14.3 million acres while Illinois Indiana Minnesota and North Dakota set record corn acre totals. Higher corn area supports ethanol margins and lower prices for inputs though wholesale and retail prices may not drop sharply.
Acres planted in Iowa are 5 percent below March forecasts with 8.77 million acres of soybeans this year, down 1.33 million from last year. Wagner calls the drop a shock and notes prices will rise to pull acres from Brazil as soybeans jump to market limits. July soybeans close at 8.50 a bushel, corn futures drop.
New Marengo winery Fireside Winery blends California wine culture with Iowa land. Owners Dave DeWitte ARENGO Bill and Rona Wyant transform a rural farm into a tasting room with on premise wine consumption and food permits. The 12 acre Brickyard Hill vineyard hosts LaCrosse Brianna St Pepin and Vignoles, with Marquette planted for future grapes. Winery aims at 55 000 bottles annually, selling mainly at the winery with wines priced 10 to 15 dollars.
Aimed at baby boomers, the piece advises updating technical skills, especially computing, to stay current. Start by talking to current employers for part time or consulting roles, and leverage networking through professional groups. Explore age-friendly job boards such as RetirementJobs com Retired Brains com and SeniorJob Bank com.
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