Forbes Magazine calls Harry Stine the Richest Man in Iowa

By Denise Faguy, Farms.com

To those in Agriculture it is not surprising that Forbes Magazine calls Harry Stine the Richest Man in Iowa

This past week there was an interesting article in Forbes Magazine on Harry Stine of Stine Seeds; according to the article, Stine is the richest man in Iowa.  It’s well worth reading.

Forbes outlines that Stine has 15,000 acres of land, but more importantly, he has more than 900 patents for soybean and corn seeds.  To quote Forbes “Some of the most impressive and fundamentally important advances on Earth are occurring today in agriculture, and the global epicenter is America’s heartland.”

According to Forbes, Stine was one of the first people to get a patent on the complete genetic makeup of a soybean.

Video: 90-Day Pause & Lower U.S. Tariffs with China has avoided the “Black Hole.”

A 90-day tariff pause with China, cutting rates from 145% to 30%, has renewed investor confidence in Trump’s trade agenda. U.S. deals in the Middle East, including NVDA and AMD chip sales, added to the optimism. Soy oil futures rose on biofuel hopes but turned volatile amid rumors of lower RVO targets, dragging down soybean and canola markets. A potential U.S.-Iran deal weighed on crude, while improved weather in the Western Corn Belt is easing drought fears. The U.S. also halted Mexican cattle imports again due to screwworm concerns. Funds are now short corn and adding to long soybean positions after a bullish USDA report.