Crop technology helps limit corn losses in drought
Illinois farmer David Kellerman cut down his withered corn crop after record heat and minimal rain, baling it for cattle hay. Despite drought across the Corn Belt, advances in drought tolerant hybrids and genetics have kept yield prospects higher than in past decades, with USDA forecasting 146 bushels per acre this year. Political and industry leaders cite improved seed technology and plant genetics as key to maintaining production through extreme weather.
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Des Moines
Iowa
Illinois
David Kellerman
Kellerman
Midwest
U.S
du Bois
Ill
U.S. Department of Agriculture
USDA
Tom Vilsack
Brad Rippey
Bill Gates
Jeff Schussler
DuPont Pioneer
ConocoPhillips accused of $25 million double dipping in Utah
Utah sues ConocoPhillips alleging 1,500 insurance claims from 1995 to 2009 sought cleanup costs for underground tanks while the company hid private insurance coverage. The state says the firm settled on claims totaling over $268 million and was reimbursed by both the Petro leum Storage Tank Fund and insurers. The suit seeks reimbursement and damages to the fund.
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Salt Lake City
ConocoPhillips
Deseret News
Puni
Utah
Paul McConkie
Futures snapshot shows cattle hogs at CME and CBT
Open high low and settle values appear for cattle and hog futures on the Chicago Mercantile Exchange. The data includes multiple contract months across July through September 2013 and volume details.
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New York
Chicago
Chicago Board of Trade
Y. Cotton Exchange
Fed officials open to further steps to aid economy
A growing number of Federal Reserve officials favor more stimulus to support the economy, though minutes show disagreement on need and timing. At the June 19-20 meeting a few policymakers said extra action may be required, while several others would approve only if the economy worsens or inflation undershoots the target. The Fed extended a program to shift its bond portfolio to lower long term rates amid weak job gains.
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Washington
Federal Reserve
U.S
Fed
The
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