Iowa Public Television

 

Market to Market August 10, 2012 (#3750)


Persistent drought takes its toll on U.S. corn and soybean production. Midwestern vegetables also wilt amidst the driest conditions in half a century. And cattle producers contemplate high feed costs, water shortages, and tough choices. Market analysis with John Roach. (24:45)

Tags: agriculture business cattle corn crops drought economy farms feed John Roach markets soybean soybeans vegetables water shortage

In the News

  • Agriculture Department Unveils New Steps To Penalize Food Stamp Abusers
    (Aug 10, 2012) WASHINGTON — The Agriculture Department says it is going to impose tougher penalties on stores that violate food stamp rules and give states new tools to root out applicants who are ineligible for the benefit program that now covers about...
  • CDC: 158 Cases of New Swine Flu Strain From Pigs
    (Aug 10, 2012)  ATLANTA (AP) — Health officials Thursday reported a five-fold increase of cases of a new strain of swine flu that spreads from pigs to people. The cumulative case count jumped from 29 a week ago to 158 this week, thanks to a wave of...
  • Japanese Beetles In ND Likely Hitched A Ride
    (Aug 10, 2012) BISMARCK, N.D. (AP) -- Officials don't believe extreme drought in other states has anything to do with Japanese beetles showing up in North Dakota for only the second time in 52 years. The pests that feast on everything from rose bushes to corn...
  • Livestock Farmers Seek Pause in Ethanol Production
    (Aug 10, 2012) WASHINGTON (AP) — Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the Environmental Protection Agency waive production requirements for corn-based...
  • To Confront Climate Change, US Agriculture Seeks Hardier Breeds That Can Survive Long Droughts
    (Aug 10, 2012) DES MOINES, Iowa (AP) — Cattle are being bred with genes from their African cousins who are accustomed to hot weather. New corn varieties are emerging with larger roots for gathering water in a drought. Someday, the plants may even be able to...
  • China Trade Decelerates In Sign of Global Weakness
    (Aug 10, 2012) BEIJING (AP) — China's trade and domestic demand have weakened even faster than expected, adding to pressure on Beijing for a more aggressive stimulus to boost the world's second-largest economy out of its worst slump since the 2008...