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Business Beat
4:57 pm
Wed June 12, 2013

Drought pushes beef prices up; wet spring hinders corn planting

Credit Peggy Lowe / Harvest Public Media

Drought conditions in much of the country have eased, but the Great Plains region is still in rough shape. Last year’s dryness pushed the nation’s cattle herd to its lowest numbers since the 1950s. Dry conditions this summer could cause the herd to dwindle even further. As Harvest Public Media's Luke Runyon reports from Colorado, that means beef prices are on the rise this summer just in time for grilling season.

It’s been a wet spring here in the Midwest – and that’s got corn growers a little behind on planting.
The U.S. Department of Agriculture reports that 91 percent of the U.S. corn crop was planted as of June 2, compared to 95 percent at the same time last year.

Iowa, the nation’s largest producer of corn, has only got 88 percent of the crop in ground. In Missouri, 86 percent. Last year, growers in both states were done with planting by now. But besides the late planting, the abundance of water presents other challenges for farmers. Payne Roberts has this report for Harvest Public Media.

Last Thursday, the Columbia Planning and Zoning Commission approved the recommendation to build a six-story apartment building on Conley Avenue near the MU campus. A major hurdle the development company faced was the issue of parking. The Commission’s recommendation approval included a variance allowing developers to provide only a portion of the normal required parking.

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