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  • Just 24 percent of those polled said Congress should be allowed to have detailed oversight of the Fed, the poll shows. Fed Chair Janet Yellen came under pressure from conservatives in Congress this week, with some accusing her of bias towards Democrats. "There ought to be some review but I don't know that a full public disclosure of every comment attributed to...

  • NEW YORK, March 1- Greg Abel, the 52- year-old head of Berkshire Hathaway Energy, is not unlike the company he oversees: like utilities themselves, he is reliable, hard-working- and usually in the background. Those traits could serve him well should he indeed succeed the iconic Buffett, who has headed the sprawling Berkshire Hathaway conglomerate for 50 years.

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • CHICAGO, Feb 23- Chicago Mercantile Exchange lean hogs finished higher on Monday on strong cash prices and the resumption of cargo loading following Friday's West Coast port labor agreement, traders said. Monday morning's average market-ready or cash hog price in Iowa/ Minnesota surged $3.29 per hundredweight from Friday to $63.01, the U.S. Department of...

  • *Senate committee expected to call hearing on bill- sources. A similar Fed audit bill passed the House of Representatives late last year and a hearing on Fed transparency is expected to be formally called by the Senate banking committee, according to people familiar with the matter. "We feel the current system works well, it's time-tested, and there are all kinds of...

  • CHICAGO, Feb 23- Across the U.S. Many rent payments- which vary from a few thousand dollars for a tiny farm to millions for a major operation- are due on March 1, just weeks after the U.S. Department of Agriculture estimated net farm income, which peaked at $129 billion in 2013, could slide by almost a third this year to $74 billion. In Iowa, the nation's top corn and soybean...

  • *USDA cattle, storage reports on Friday. Thursday morning's average market-ready or cash hog price in Iowa/ Minnesota was up 52 cents per hundredweight from Wednesday to $57.71, the U.S. Department of Agriculture said. Separate USDA data showed the morning's wholesale pork price had risen 39 cents per cwt from Wednesday to $72.83.

  • LIVESTOCK-Strong beef prices lift CME live cattle futures Wednesday, 18 Feb 2015 | 4:41 PM ET

    *USDA cattle report on Friday. CHICAGO, Feb 18- Chicago Mercantile Exchange live cattle futures closed higher on Wednesday on short-covering in response to the jump in wholesale beef values, traders said. February closed up 0.575 cent per lb to 159.175 cents, and April 1.900 cents higher at 152.625 cents.

  • CHICAGO, Feb 17- Chicago Mercantile Exchange live cattle futures finished sharply lower on Tuesday on profit-taking following Friday's rally, traders said. February closed 1.400 cents per lb lower at 158.600 cents, and April down 2.500 cents at 150.725 cents. West Coast port slowdowns and disappointing volume of cattle sold last week, albeit at higher prices,...

  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • CHICAGO, Feb 12- Chicago Mercantile Exchange lean hogs closed higher on Thursday, fueled by bargain hunting in the technically oversold market, traders said. Thursday morning's average market-ready or cash hog price in Iowa/ Minnesota dropped $1.35 per cwt from Wednesday to $57.06, the U.S. Department of Agriculture said. Separate USDA data showed the...

  • WASHINGTON, Feb 12- A bipartisan group of U.S. lawmakers on Thursday urged a swift end to the labor dispute that has throttled port activity on the West Coast. More than a dozen lawmakers from West Coast states like Washington and California but also as far east as Iowa and Ohio said the ongoing labor dispute, which has partially shut down ports, had a devastating...

  • CHICAGO, Feb 11- Chicago Mercantile Exchange live cattle futures fell hard Wednesday on profit-taking led by slack meat sales ahead of increased supplies later, traders said. February closed 0.500 cent per lb lower at 158.600 cents, and April down 2.675 cents to 151.100 cents. Select cuts surged $2.80 to $236.36, USDA said.

  • LIVESTOCK-CME live cattle, hog futures close mixed Tuesday, 10 Feb 2015 | 4:25 PM ET

    CHICAGO, Feb 10- Chicago Mercantile Exchange live cattle ended mixed on Tuesday with nearby contracts supported by their discounts to recent cash prices, while back months sagged on forecasts for increased supplies ahead, traders said. February closed 0.650 cent per lb higher at 159.100 cents, and April up 0.125 cent to 153.775 cents. June ended down 0.150 cent...

  • CHICAGO, Feb 9- Chicago Mercantile Exchange lean hogs returned to their lowest level in six years on Monday, pressured by softer cash prices and profit-taking after a futures rally last Friday, traders said. Monday afternoon's average market-ready or cash hog price in Iowa/ Southern Minnesota slipped 35 cents per cwt from Friday to $60.59, the U.S. Department of...

  • ZUEHL, Texas, Feb 6- Texas rancher Jim Rackley would like to add more cattle to his herd of about 50 to take advantage of sizzling beef prices and growing demand from health-conscious consumers for his grass-fed beef. But the prospect of cloudless skies keeps him cautious. "Every time we think we're coming out of the drought, we get hit again,' said Rackley, a former high...

  • CHICAGO, Feb 8- For decades, Chuck Souder relied on corn and soybeans to keep his 400- acre Iowa farm running, but with corn selling for half its price two years ago and soybeans slumping, Souder has shifted to what he hopes will be a more profitable crop: Pigs. Minnesota, Missouri, Illinois and other states are seeing a similar surge, said state agriculture officials.

  • CHICAGO, Feb 6- Chicago Mercantile Exchange lean hogs rallied on Friday, with some contracts up the 3- cents per lb price limit, fueled by bargain hunting following futures' plunge to a six-year low in the previous session, traders said. The average price for market-ready or cash hogs in Iowa/ Minnesota had fallen $5.01 per hundredweight from Monday to $60.93 on...

  • CHICAGO, Feb 5- Chicago Mercantile Exchange lean hogs sagged to a six-year low Thursday, pressured by continued worries over plentiful supplies that sank futures to a five-year bottom on Wednesday, traders said. Burdensome supplies dropped the afternoon's average price for market-ready or cash hogs in Iowa/ Minnesota by $1.24 per hundredweight from...

  • NEW YORK/ WASHINGTON, Feb 4- U.S. Bancorp agreed to pay $18 million to former customers of Peregrine Financial Group Inc to resolve claims that the large U.S. bank aided a massive fraud by the failed futures brokerage's now-imprisoned founder, Russell Wasendorf Sr.. A consent order approved on Wednesday resolves claims by the U.S. Commodity Futures Trading...