The 7:20-a.m. Sportscast w/Ric Hanson.
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The 7:20-a.m. Sportscast w/Ric Hanson.
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The area’s top news at 7:06-a.m., w/KJAN News Director Ric Hanson
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Today: Sunny & breezy. High near 65. SW winds 10-20mph w/gusts to near 30.
Tonight: Mostly clear & breezy. Low around 42. S/SW @ 10-25mph.
Sunday: Mostly sunny & windy. High near 55. W/NW @ 15-35 during the afternoon.
Sunday Night: Mostly clear, with a low around 32. NW @ 10-20.
Monday: Partly sunny & breezy. High near 59. S/SW winds @ 10-20 in the morning becoming northerly @ 15-30 during the afternoon
Mon. Night: Cloudy w/a 30% chance rain or snow. Low around 28.
Tuesday: A 30% chance of snow, mainly before noon, otherwise Partly sunny & breezy. High 35.
Friday’s High in Atlantic was 50. The 24-hour Low ending at 7-a.m. today was 21. Last year on this date we reached 20 for a High and -13 was the low. The All-time Record High in Atlantic on this date was 68 in 1976. The Record Low was -16 in 1960.
WILBUR E. BERGER, 82, of Atlantic died Sat., Feb. 27th, at his home. Funeral services for WILBUR BERGER will be held 2-p.m. Wed., March 2nd, at the Wiota United Methodist Church. Hockenberry Family Care Funeral Home in Anita has the arrangements.
Visitation with the family will be from 5-until 7-p.m. Tue., March 1st, at the funeral home, in Anita.
A Private family burial will be held in the Evergreen Cemetery.
WILBER E. BERGER is survived by:
His wife – Karen Berger, of Atlantic.
His daughter – Virginia, of Adel.
His brothers-in-law Robert (Glenda) Smith, of Whitefish, MT, & Guy Smith, of Wiota.
A traffic stop early this (Saturday) morning in Red Oak resulted in a woman being arrested on alcohol-related charges. Police say 56-year old Jo Beth Blay, of Red Oak, was taken into custody at around 2:20-a.m. and charged with OWI/1st offense. Blay was being held at the Montgomery County Law Enforcement Center on a $1,000 cash bond.
JUPITER, Fla. (AP) — St. Louis Cardinals star catcher Yadier Molina is hoping his injured thumb heals enough for him to play on opening day, Recovering from surgery to repair a torn ligament in his left thumb, Molina took part in his first catching drills of the spring Friday. An eight-time All-Star, Molina injured the thumb on his glove hand while applying a tag at the plate late last season.
Drake 91, Loyola of Chicago 61
N. Iowa 65, Bradley 41
Governor Terry Branstad says he could go along with House Republicans’ plan to extend 95-million dollars in state tax breaks to Iowa small business owners and farmers who purchased assets in 2015. “It will be tight and it will use up a lot of the surplus over and above what we have in the economic and cash emergency account,” Branstad says, “but we could accept for one year.” Branstad did not include this recommendation in the plans he submitted to legislators in January.
Republicans in the House have voted to make this tax break available to about 177-thousand Iowa small business owners and farmers who’re filing their taxes right now and Republicans in the legislature would like to make it permanent, but Branstad says he’ll only accept a one-year extension. “We’d lose too much revenue,” Branstad says, “and it would put us in a financial position that we couldn’t sustain it for the long term.” The tax break under discussion is a credit for the depreciation of assets and would be available to small business owners and farmers who buy things like computer software, machinery, equipment and on-farm storage structures.
State officials in the past several years have aligned state tax law with federal tax policy in this area. The leader of Democrats in the Iowa Senate says there are private discussions among key legislators to determine what might be possible this year.
(Radio Iowa)
Johnson County currently has a minimum wage that’s higher than the state’s and officials in neighboring Linn County are considering a similar move. Governor Terry Branstad says it “would be better” if the base rate for hourly wages was set on a “statewide basis.” “But I understand we have a legislature that’s divided and there’s not a consensus on that issue, so I’ve indicated a willingness to consider it, but I just don’t perceive that there is a consensus in the legislature between the parties addressing increasing the minimum wage,” Branstad says.
Branstad made his comments today Friday, during a taping of Iowa Public Television program, “Iowa Press.” Last fall, Johnson County officials passed an ordinance that raised the minimum wage to eight-dollars-and-20 cents an hour. It will go up to 9-dollars-and-15 cents an hour on May 1st in Johnson County, although some communities in the county were allowed to “opt out” of the minimum wage hike plan.
On January 1st of next year, the minimum wage for most of Johnson County will rise to ten-ten ($10.10) an hour. Officials with the board that governs the University of Iowa are discussing a move to “opt out” of the higher minimum wage rate for Johnson County, because students in work study programs at Iowa would be paid more than work study students at Iowa State and U-N-I.
(Radio Iowa)
A biofuels industry advisor says the ethanol industry is “ripe for consolidation.” Bruce Comer, director of California-based Ocean Park Advisors, says if tight ethanol margins continue, more companies will be evaluating their options. “If margins stay where they are, more owners, more board members, and more managers are going to take a harder look at whether to continue to own and continue to fight the fight, or to look at other opportunities,” Comer said. “At a minimum, checking the market for what their assets might be worth.”
Comer notes that there are still 94 “stand-alone” ethanol plants that account for more than five billion gallons, or 36 percent of domestic production. “That steady march of consolidation of those 94 independent plants, I think we can expect to see that (continue) for the next several years,” Comer said. “And depending on how this year turns out with margins and inventory and exports and some of those other factors, it could push that number up and we could see a very active year.”
Comer says the pace of ethanol exports will be one of the key factors to watch over the remainder in 2016.
(Radio Iowa)