May 3, 2011

Corn Planting Delayed

The initiation of full-scale corn planting has been delayed across most of the Upper Midwest due to continued wet weather and cold soil conditions. A few farm operators were able to plant a limited amount of corn during the period of April 25-29 in some portions of southern Minnesota and northern Iowa. However, no corn is planted in most portions of the region. By comparison, nearly all of the corn, and a substantial amount of soybeans, was planted by early May in 2010, and field conditions were excellent. Nationwide, experts are saying that this is among the latest corn planting dates we have seen in the past decade, and in some areas it is the latest since the disastrous year of 1993....More
May 3, 2011

The Euro vs. the United States: Debt Woes

Last summer the PIIGS – an acronym for Portugal, Ireland, Italy, Greece and Spain – were having sovereign debt issues. First we heard about Greece and Ireland, followed by Portugal and next on the block could be Italy and Spain. At the Graduate Schools of Banking, my comment was that similar debt issues and subsequent budget cuts and social upheaval that prevailed in these countries could occur in the U.S....More
Apr. 28, 2011

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