USA | 'Pork Powerhouse' looks for new money | As feed costs rise and U.S.hog...

USA

'Pork Powerhouse' looks for new money

As feed costs rise and U.S.hog numbers remain high, the nation's largest pork producers are reevaluating their businesses heading into spring. Heartland Pork, Alden, Iowa, is one “Pork Powerhouse” considering new options. "Due to the continued depressed hog market, we are exploring opportunities to bring new financial partners into our business," Bruce Rastetter, Heartland president and CEO, told Agriculture Online. "We are in the middle of that process now."

U.S. soybean sales slow despite historic rallies

CHICAGO, Feb 25 (Reuters) - Multiyear highs in U.S. corn and soybean prices this week sparked farmers to sell new- and old-crop corn but they remain hesitant to price many beans, waiting for even higher prices, grain industry sources said.

International Trade

UPDATE 1-Global deal struck on stricter GM trade rules

KUALA LUMPUR, Feb 27 (Reuters) - Countries across Asia, Africa, Europe and most of Latin America agreed tighter rules governing trade in gene-modified seeds on Friday, prompting dismay among major producers such as the United States.

China

McDonald's eyes expansion in China ahead of 2008 Olympics

U.S. fastfood giant McDonald’s has signed a deal taking its sponsorship of the Olympic games to 2012, and said it would expand its operations in China ahead of the 2008 BeijingOlympic games.

USA

'Pork Powerhouse' looks for new money

As feed costs rise and U.S.hog numbers remain high, the nation's largest pork producers are reevaluating their businesses heading into spring. Heartland Pork, Alden, Iowa, is one “Pork Powerhouse” considering new options. "Due to the continued depressed hog market, we are exploring opportunities to bring new financial partners into our business," Bruce Rastetter, Heartland president and CEO, told Agriculture Online. "We are in the middle of that process now."

U.S. soybean sales slow despite historic rallies

CHICAGO, Feb 25 (Reuters) - Multiyear highs in U.S. corn and soybean prices this week sparked farmers to sell new- and old-crop corn but they remain hesitant to price many beans, waiting for even higher prices, grain industry sources said.

International Trade

UPDATE 1-Global deal struck on stricter GM trade rules

KUALA LUMPUR, Feb 27 (Reuters) - Countries across Asia, Africa, Europe and most of Latin America agreed tighter rules governing trade in gene-modified seeds on Friday, prompting dismay among major producers such as the United States.

China

McDonald's eyes expansion in China ahead of 2008 Olympics

U.S. fastfood giant McDonald’s has signed a deal taking its sponsorship of the Olympic games to 2012, and said it would expand its operations in China ahead of the 2008 BeijingOlympic games.