An update was posted on the RAGBRAI site:

RAGBRAI Update - June 14, 2008

The thoughts and prayers of the RAGBRAI community are with all Iowans that are affected by the floods and natural disasters that our state has been experiencing. RAGBRAI is still planned to take place on the scheduled route on July 20-26, 2008. We are closely monitoring the situation throughout the state and in the towns that are looking forward to hosting RAGBRAI next month.

Many people have asked how they can help. The volunteer needs are constantly changing, so we ask you to visit The Des Moines Register to see how you can help. People wishing to donate to the relief efforts should contact these Iowa - American Red Cross chapters:

Des Moines Area Red Cross
Cedar Rapids/Iowa City Area Red Cross