Wednesday,  May 1, 2013 • Vol. 14--No. 285 • 23 of 36 •  Other Editions

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bearing rock, which allows the oil to flow to the well.
• That technique, known has hydraulic fracturing or fracking, has elevated North Dakota from the ninth biggest oil-producing state just six years ago to second, trailing only Texas.
• In some states, it's been blamed for endangering water quality. North Dakota regulators say the state's water sources are protected by thousands of feet of geologic formations atop fracturing operations.

Winter wheat prices down 1 cent from last month

• SIOUX FALLS, S.D. (AP) -- The April preliminary winter wheat price in South Dakota is down a penny from last month but up more than a dollar from a year ago.
• The U.S. Department of Agriculture reports that the price of $7.30 per bushel is down 1 cent from last month but up $1.13 from last April. The spring wheat price of $7.80 is 17 cents lower than last month and 33 cents lower than April.
• The April soybean price of $13.90 per bushel is 50 cents lower than last month but 20 cents higher than last year.
• Corn, at $6.45 per bushel, is down 59 cents from last month but up 38 cents from last year.
• Sunflowers at $24 per hundredweight are down 40 cents from last month and down $3.30 from last year.

Judge dismisses lawsuit over upfront card fees

• SIOUX FALLS, S.D. (AP) -- A federal lawsuit that aimed to stop a watchdog agency from enforcing credit card rules limiting upfront fees has been dismissed.
• U.S. District Judge Karen Schreier on Tuesday dismissed the suit by First Premier Bank and Premier Bankcard against the U.S. Consumer Financial Protection Bureau and its director, Richard Cordray.
• A provision of the Credit Card Accountability and Responsibility and Disclosure Act of 2009 was to limit the amount companies could charge before issuing a new card to 25 percent of the card's credit limit.
• But both sides filed motions to dismiss after the bureau changed the proposed rules so they do not apply to fees paid prior to account opening.

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