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7AM Newscast 07-16-2016

News, Podcasts

July 16th, 2016 by Chris Parks

w/ Chris Parks

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Shenandoah man injured in Clarke County motorcyle crash

News

July 16th, 2016 by Chris Parks

The Iowa State Patrol reports a Shenandoah man was injured in a motorcycle accident in Clarke County late Friday night.  At 11:05pm 48-year-old Rodney E. Allely of Shenandoah was traveling southbound on Highway 69 on his Harley Davidson Motorcycle when he swerved to miss a deer in the road.  Allely lost control of the cycle and was ejected during a crash.  Allely was flown by Lifenet helicopter to Unity Point Hospital in Des Moines for treatment of unknown injuries.

Troopers stated Allely had an odor of alcohol and an open container of alcohol was found in the saddlebag of the cycle.

Malvern man arrested for trespassing

News

July 16th, 2016 by Chris Parks

The Red Oak Police Department reports the arrest of a Malvern man late Friday night.  At 11:12pm officers were called to 711 North 5th Street in Red Oak for a possible violation of a no trespass order.  Upon investigation officers arrested 35-year-old Kale Hardman of Malvern for Violation of a No Trespass Order.  He was taken to the Montgomery County Law Enforcement Center and held on $300 bond.

3 arrested after verbal altercation at Montgomery County Fair

News

July 16th, 2016 by Chris Parks

Three Red Oak men were arrested on Friday night after a verbal altercation at the Montgomery County Fairgrounds in Red Oak.

The Montgomery County Sheriff’s Office reports they received a call about the altercation at 10:07pm on the fairgrounds involving several individuals.  After investigation deputies arrested three individuals for Public Intoxication, 31 year-old Craig Allen Williams, 24-year-old Roland Charles Chapin III, and 28-year-old Robert Richard Fate all of Red Oak.

All three individuals were taken to the Montgomery County Law Enforcement Center and held on $300 bond.

Corning man arrested on drug charges, Friday

News

July 15th, 2016 by Ric Hanson

Sheriff’s deputies in Adams County, Friday, arrested William Scott Davis, of Corning, on numerous drug charges. Davis was taken into custody on three Counts of Possession With Intent to Deliver On Certain or Real Property, and three Counts of Failure To Affix Drug Tax Stamp. He was being held in the Adams County Jail.

William Davis

William Davis

Egg prices reach 10-year lows as production outpaces demand

Ag/Outdoor, News

July 15th, 2016 by Ric Hanson

DES MOINES, Iowa (AP) – Eggs have gone from record high prices at the height of the bird flu crisis last year to the cheapest prices in a 10-year span. It’s because young hens are laying lots of eggs, boosting supply, but demand hasn’t come back as strong. Countries that stopped accepting U.S. eggs last year have haven’t resumed imports and companies that make pancake mixes and bread learned to cook without as many eggs.

Three weeks ago, Midwest wholesale egg prices hit a 10-year low of 55 cents a dozen. The record wholesale price was $2.88 a dozen in August 2015. Marcus Rust, CEO of the nation’s second largest egg producer, Rose Acre Farms, says the marketplace will resolve the supply and demand issues in time.

Body recovered from Missouri River near mouth of the Platte River

News

July 15th, 2016 by Ric Hanson

PLATTSMOUTH, Neb. (AP) – Authorities say a body has been recovered from the Missouri River. Cass County (Nebraska) Sheriff William Brueggemann says a fisherman found the body Thursday afternoon near the mouth of the Platte River.
The body was later identified as that of a 42-year-old Omaha resident, Tim Mohr. An autopsy has been ordered.

Farmland Values Continue Steady, Gradual Decline

Ag/Outdoor, News

July 15th, 2016 by Ric Hanson

OMAHA, NEBRASKA – A steady but gradual decline in farmland values continued into the first half of 2016 across the states served by Farm Credit Services of America (FCSAmerica). Iowa has experienced the greatest decline in average farm values – about 20 percent since the market’s 2013 peak. Nebraska and South Dakota farmland has declined by a more modest 12.5 and 4.8 percent respectively during the same period.

untitledDemand for farmland also is down. Public land auctions declined 8 percent in the first six months of 2016 compared to the previous year. This percentage includes public auctions in Iowa, Nebraska, South Dakota and Wyoming, as well as Kansas, where FCSAmerica works in alliance with Frontier Farm Credit to monitor farmland values.

Across the five states, lower farm incomes and per-acre profitability continue to put downward pressure on farmland values. Unlike last year, when a strong livestock market led to increased demand for pastureland, values on both pasture and cropland are generally down in 2016. This reflects lower commodity prices for grain as well as cattle.

Twelve-Month Change in Value

State Cropland Pasture
Iowa -5.7% -1.8%
Kansas -0.9% 0.8%
Nebraska -4.7% -2.2%
South Dakota -3.2% -3.1%
Wyoming 1.1% 20.8%

The fall in commodity prices has outpaced the rate of decline in farmland values and FCSAmerica continues to forecast a soft landing for agriculture as the current market correction brings supply and demand back in line.

Below is the average change in benchmark farm values, with the number of benchmark farms appraised in each state noted in parenthesis:

State Six Month One Year Five Year Ten Year
Iowa (21) -4.0% -5.6% 19.6% 139.4%
Kansas (7) -2.0% -0.2%    
Nebraska (18) -4.5% -4.4% 68.5% 212.3%
South Dakota (23) -3.6% -3.5% 79.1% 208.3%
Wyoming (2) 7.8% 10.6% 35.8% 67.7%

Trends in farmland values:

IOWA: Fourteen benchmark farms declined in value during the first six months of 2016, while seven showed no change. The average sale price for cropland has reached a 5-year low, but average land quality continues to be at historically high levels.

About Farm Credit Services of America Farm Credit Services of America is a customer-owned financial cooperative proud to finance the growth of rural America, including the special needs of young and beginning producers. With $25 billion in assets and $4.4 billion in members’ equity, FCSAmerica is one of the region’s leading providers of credit and insurance services to farmers, ranchers, agribusiness and rural residents in Iowa, Nebraska, South Dakota and Wyoming. Learn more at www.fcsamerica.com.

Boil Order issued in Carson

News

July 15th, 2016 by Ric Hanson

Residents of Carson are being asked to boil their water used for consumption until further notice. The City issued the boil order this (Friday) morning, when a chlorine pump malfunctioned at the city’s water plant. For more information, contact Carson City Hall at 712-484-3636.

Pickup hits cow on the road in Union County

News

July 15th, 2016 by Ric Hanson

A black cow valued at $1,500 died, after it was struck by a pickup truck Thursday night, in Union County. The Sheriff’s Office says 25-year old James Coverdell, of Osceola, was traveling north on Highway 169 just before 10-p.m. Thursday, when his 1995 GMC truck struck the cow, which was on the roadway. The pickup sustained $1,500 damage during the incident. The cow was owned by Brett Weis, of Afton.