Seed cost surge and fuel hikes hit Iowa farm supplier
Stutsman Inc in Hills reports annual losses of 15 000 to 20 000 as Lackender family purchases shift away after three generations. Stutsman plans to diversify selling equipment for manure handling lime weed killers and other inputs while contending with fuel price increases. Seed traits add 8 to 10 dollars per acre, but gains from higher costs are uncertain.
MENTIONED IN THIS ARTICLE
Stutsman’s Inc
Hills
Lackender
Stutsman
Dennis Uthol
Hertz Farm Management Inc
Mount Vernon
Eastern
Iowa
Cedar Rapids
Uth
Iowa Farmers Push Yields to Offset Rising Production Costs
Iowa farmers plan to plant 12.5 million acres of corn and 10.4 million of soybeans. Costs average 438.95 per acre for corn and 323.41 for soybeans, with breakeven tied to higher yields. Energy and fertilizer costs tighten belts as farmers seek efficiency and price support from higher yields. Michael Duffy notes conservation as key amid fuel costs. local grower Morris Swenka expects tighter margins and may shift to more off-farm work.
MENTIONED IN THIS ARTICLE
Iowa
U.S. Department of Agriculture
ISU Extension
USDA
Uthol
Michael Duffy
ISU
North Liberty
Penford Products
Genencor International
Cedar Rapids
Swenka
Iowa TouchPlay extension debated by lawmakers
TouchPlay and Gronstal back an extension to divert a 20 million to 25 million state share over five months while GOP leaders oppose. Senator Gronstal sees a potential one third chance, but Senate GOP Leader Lundby and House Speaker Rants doubt passage, citing the earlier TouchPlay lawsuit and ongoing ban. Camden game distributor Elbert says losses near 2 million with 82 small Iowa companies affected while machines may return to basements. judge Pille upheld the ban but warned investors face ruin as Lottery plans shutdown and prize deadlines are issued.
MENTIONED IN THIS ARTICLE
Gronstal
Senate Gop
House
Christopher Rants
Sioux City
Touch Play Coalition
Mary Lundby
Marion
Camden
Elbert
Vilsack Proposes Two Year Budget and Job Retention Talks
Iowa Governor Vilsack urges a two year state budget and argues a policy focus off cycle. He discusses Whirlpool job prospects in Iowa, possible lease backs, and the need for creative solutions to keep manufacturing. He also endorses Board of Regents strength and immigration reform ideas.
MENTIONED IN THIS ARTICLE
Whirlpool
Whirlpool’s
Iowa
Vilsack
the Gazette
Iowa Legislature
Iowa Senate
Board of Regents
Michael Gartner
University of Iowa
Gazette
United States
Also Mentioned on This Page
Iowa State University Extension
Uthof
Marlene.lucas
Gazettecommunications.com
GOP
Polk County
Glenn Pille
Lottery
Mike Triplett
TouchPlay Coalition
Bally Games
Pille
Iowa Supreme Court
Tom Miller
Mary Neubauer
Neubauer
Dick Hogan
Boshart
Sen
Mike Gronstal
Council Bluffs
Ther
Douglhan
Johanna J. Abernathy
M.D
Skin Medica
Cosmeticsolutionslaser
Abedad
EduCare Learning Centers
Educarelearning.com
The
North Centration of Colleges and Schools
Rick.smith
Humana
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