Iowa Public Television

 

Market to Market August 12, 2011 (#3650)


Lawmakers announce committee members tasked with cutting the national debt. USDA decreases corn production estimates and increases its guess on ending stocks. And Ag Secretary Tom Vilsack proposes yet another version of mandatory animal ID. Those stories and analysis of another wild week in the markets. (24:45)

Tags: agriculture animals corn crops debt deficit economy livestock markets news rural Tom Vilsack USDA Wall Street

In the News

  • US trade deficit widens in June to $53.1 billion
    (Aug 12, 2011) American producers sold fewer industrial engines, electric generators and farm products to the rest of the world in June, pushing the trade deficit to the highest level since 2008 and dealing another blow to an already struggling economy.
  • Gov't panel: Fracking chemicals should be revealed
    (Aug 12, 2011) A U.S. Department of Energy panel wants energy companies to reveal all the chemicals they use in a drilling technique that has allowed them to reach huge and previously inaccessible deposits of natural gas and paved the way for tens of thousands...
  • Butter sculptures churn 100-year state fair legacy
    (Aug 12, 2011) Life-size butter sculptures of everything from cows to space heroes and Hollywood stars are among the most beloved traditions of state fairs, drawing thousands of admirers each year from Iowa to Ohio and as far south as Texas.
  • Cutbacks force retreat in war on meth
    (Aug 12, 2011) Police and sheriff's departments in states that produce much of the nation's methamphetamine have made a sudden retreat in the war on meth, at times virtually abandoning pursuit of the drug because they can no longer afford to clean up the toxic...
  • Texas officially in second-worst drought on record
    (Aug 12, 2011) Texas is officially in the midst of its second-worst drought on record.
  • Ice cream makers try to eat high ingredient costs
    (Aug 12, 2011) The cost of the milk, butter fat and sugar that are key to Jim Capannari's ice cream have spiked this year, but he hasn't passed much of the cost along to customers.