Iowa Industry Buoyed by Oats Plant Opening and Wages
Des Moines reports show Fort Dodge will reopen the Quaker Oats mill in July after five years idle, boosting oat production to meet rising demand. Maytag plans a ski story addition at its Newton factory, now employing over 1,300 with June payroll near a quarter million dollars. Industry cheer also notes strong crop prospects and a robust sheep surplus outlook in Australia.
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Quaker Oats Company
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Deracra
Iowa Leads Nation in Oats Output as Farm Conditions Evolve
Industry observers note farmers face production costs under old methods while frontier growth wanes. Iowa heads oats and corn production with 196,072,000 bushels forecast this year, down from 248,282,000 last year, Minnesota and Illinois follow with 142,443,000 and 129,836,000 bushels respectively. May 16 farm price per bushel stands at 41 cents, unchanged from last year.
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Minnesota
Rome
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