Take some profits in corn now because another bumper crop may cause prices to plummet.
Monday, June 13, 2016
Sunday, June 12, 2016
Special to The Capital-JournalEMPORIA — Cyclists battled hot sun, wind and tough road conditions in the Dirty Kanza bicycle ride through the Flint Hills of Kansas on June 4, 2016.
Andrew Escandon, 24, of Topeka, suffered six flats over the 200-mile course. On the third flat, he was riding 30 mph downhill when he heard a hissing sound from a tire, the inner tube had been pinched and needed to be replaced.
“That was so disappointing,” Escandon said. “It took me 17 hours to finish. My time was comparable to last year due to the flats and trying to play catch up to the other riders in the DK200.”
The theme for the 2016 Dirty Kanza was appropriately called “Find Your Limit.” About 1,900 riders had an opportunity to test themselves in the 200-mile course, the 100-mile, 50-mile or 20-mile fun ride, said Jim Cummins, founder and executive director of Dirty Kanza Promotions LLC.
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Wednesday, June 1, 2016
Westar Energy (NYSE:WR) has agreed to be acquired by Great Plains Energy (NYSE:GXP), a company that is valued at $3 billion less than Westar.
Great Plains Energy, the parent company of Kansas City Power & Light, has a market capitalization of $4.5 billion compared with Westar Energy's market cap of $7.5 billion.
In the late 1990s, Westar tried to buy Kansas City Power & Light in a hostile takeover, but was spurned. Now the roles are reversed, and KCP&L's parent company is acquiring Westar Energy in a deal approved by the boards of directors at both companies.
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