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  • Wal-Mart urges meat suppliers to curb antibiotic use Friday, 22 May 2015 | 1:42 PM ET

    CHICAGO, May 22- Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take a stand against the excessive use of drugs in raising farm animals. Wal-Mart, the country's biggest food retailer, is also telling suppliers not to raise animals in gestation crates or in other...

  • Nevertheless, total egg production rose slightly in April, supported by a greater output of eggs for hatching into meat-producing birds and more egg-laying hens, the USDA reported. The USDA's Animal and Plant Health Inspection Service has since confirmed cases in 54 Iowa flocks containing more than 26 million birds, most of them egg-laying hens.

  • SACRAMENTO, Calif.— The California Assembly on Friday approved one of the nation's toughest bans on plastic, exfoliating microbeads that are polluting waterways. Manufacturers already have pledged to phase out the materials, including L'Oreal, Unilever and Johnson& Johnson, and use natural alternatives such as apricot shells and cocoa beans.

  • LONDON, May 22- U.S. Steel Corp said it is close to filing several anti-dumping complaints with U.S. authorities, adding it is still having to consider idling more plants because of difficult market conditions. The Pittsburgh- based company has idled plants in Indiana, Illinois, Alabama, Texas, Ohio and Arkansas this year. It's no longer a matter of if we're going to...

  • CHICAGO, May 22- Deere& Co on Friday reported a higher-than-expected quarterly profit and raised its full-year outlook after cost cuts helped compensate for weakening demand for its farm equipment. "We are pleased to see Deere management proactively attacking costs... amid the agriculture downturn," Edward Jones equity analyst Matt Arnold wrote in a note for...

  • Grain lower, livestock mixed Friday, 22 May 2015 | 10:53 AM ET

    CHICAGO— Grain futures were lower Friday in early trading on the Chicago Board of Trade. Wheat for July delivery was unchanged at $5.22 a bushel; July corn was 2.75 cents lower at $3.6225 a bushel; July oats were unchanged at $2.4425 a bushel; while July soybeans fell 3.5 cents to 9.35 a bushel. August live cattle was. 05 cent lower at $1.5085 a pound; August feeder...

  • NEW YORK, May 22- Global equity markets dipped modestly Friday but remained near record highs, while the yield on U.S. government debt rose as a gain in core consumer prices in April should keep the Federal Reserve on course to raise interest rates later this year. Fed Chair Janet Yellen is expected to acknowledge recent sluggishness in the U.S. economy, including a...

  • *April core price rise revives bets on Fed rate hike. *Fed's Yellen to speak on economy at 1 p.m.. NEW YORK, May 22- U.S.

  • CHICAGO, May 22- A weak global agriculture sector weighed heavily on quarterly results posted by Deere& Co on Friday, but earnings still topped expectations, and the farm equipment maker raised its full-year profit forecast despite a worsening sales outlook. Sales for agricultural equipment in the United States and Canada should fall about 25 percent this...

  • MOLINE, Ill.— Solid sales in its construction equipment offset a global agricultural slowdown for Deere, and the company raised its outlook for the year. In April, builders broke ground on homes at the fastest pace in more than seven years, according to the Commerce Department. Deere said sales of farming equipment fell 25 percent from a year ago to $5.77 billion in...

  • CHICAGO, May 22- Farm equipment maker Deere& Co posted a sharply lower quarterly net profit on Friday as a weak global agriculture sector hurt sales, but still came in handily above market expectations. The Moline, Illinois- based company reported a profit of $690.5 million, or $2.03 per share, for its second quarter ended April 30, down nearly 30 percent from $980.7...

  • Amtrak spokesman Marc Magliari told the Hamilton-Middletown Journal-News that it may make business sense to create a stop in Oxford, 25 miles north of Cincinnati. Miami University, which has more than 1,400 students from Illinois alone, has been working with the city to pursue the stop there. Amtrak's Cardinal Line currently runs from Chicago to New York City...

  • CHICAGO and NEW YORK, May 22- As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps: importing eggs from overseas or looking to egg alternatives. "Canada is short on eggs and has been buying heavily from the U.S. for the last several years," said Rick Brown, a...

  • 5 things to know as Pyrex brand marks 100th year Friday, 22 May 2015 | 12:56 AM ET

    The Corning Museum of Glass is marking the centennial with an exhibition devoted to the kitchen staple that started the country cooking in glass. Corning scientist Jesse Littleton brought a sawed-off battery jar to his wife, Bessie, who baked a sponge cake in it. Corning developed durable white dishes for military mess halls in the 1940 s, which evolved into the...

  • CHICAGO, May 21- A U.S. appeals court on Thursday reversed a $2.46 billion judgment against HSBC Holdings Plc in a long-running securities fraud class action stemming from a consumer finance business it bought more than a decade ago. The 7th U.S. Circuit Court of Appeals in Chicago said HSBC and three former Household International Inc executives were entitled...

  • IRETON, IOWA/ CHICAGO, May 21- Measures to control the worst bird flu outbreak in U.S. history are not being enforced at several farms at its epicenter in northwestern Iowa, potentially increasing the risks that the disease could spread further, spot checks by Reuters show. In visits to six affected sites in Iowa last week, a Reuters reporter found procedures at...

  • CHICAGO, May 21- Rembrandt Enterprises, one of the top U.S. egg producers, said on Thursday it would temporarily cut 39 full-time employees, after the company's poultry facilities in Renville, Minnesota, tested positive for the fast-spreading avian influenza virus. Rembrandt's Renville plant has been quarantined by the Minnesota Board of Animal Health, the...

  • May 21- The S&P 500 closed at a record high on Thursday after disappointing economic data bolstered expectations that an interest rate hike is likely to come only later in the year. Traders warned that below-average volume in recent sessions suggests that not all of Wall Street may be confident in the market's gains. "It doesn't matter if we're at an all-time high...

  • IRETON, IOWA/ CHICAGO, May 21- Measures to control the worst bird flu outbreak in U.S. history are not being enforced at several farms at its epicenter in northwestern Iowa, potentially increasing the risks that the disease could spread further, spot checks by Reuters show. In visits to six affected sites in Iowa last week, a Reuters reporter found procedures at...

  • *Islamic State attacks in Iraq lend further support. NEW YORK, May 21- Oil prices jumped more than 2 percent on Thursday, giving Brent its biggest rally in more than a week, as draws reported in the Cushing delivery point for U.S. crude futures boosted optimism that a supply glut was easing. Fighting in Iraq that raised worries about the security of Middle East oil...