AGP Executive Report
Last update: 10 hours agoRetail: Yesway reported third-quarter net income of $24.8 million, up from $15.9 million a year earlier, and reaffirmed its 2026 outlook. The convenience-store operator has a presence in Iowa. Energy: Montana regulators approved the $15.4 billion NorthWestern Energy–Black Hills merger, clearing the last state-level hurdle. The combined utility would serve customers in Iowa and seven other states. Major Investment: Lee County supervisors approved tax-incentive terms for Mesabi Metallics’ proposed $15 billion steel complex, advancing a project with major potential to reshape the area’s economy. Manufacturing: Deere plans to close two Iowa plants as it reshuffles Midwest operations, a blow to the communities that rely on those facilities. Agriculture: USDA lowered its U.S. corn production forecast and raised its soybean outlook, shifts that helped spark a rally in corn and soybean markets. Downtowns: Iowa’s economic development agency introduced tiered support for downtown revitalization, while Main Street Iowa awarded $1.1 million in grants to 11 communities.
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