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GAO report faults feed ban enforcement.(General Accounting Office )
March 4, 2002... WASHINGTON, D.C. - A General Accounting Office (GAO) study issued last week on bovine spongiform encephalopathy (BSE) has sharply criticized the Food & Drug Administration's enforcement of the animal feed ban aimed at preventing BSE in the U.S....
Brown unveils legislation to phase out antibiotics.(Sherrod Brown )(Brief Article)
March 4, 2002... WASHINGTON, D.C. - Citing growing problems with antibiotic resistance, Rep. Sherrod Brown (D., Ohio) introduced a House bill that would phase out non-therapeutic agricultural use of eight specific antibiotics - including penicillin and...
Report finds CWB needs to work on strategic planning.(Canadian Wheat Board )
March 4, 2002... Canada's Auditor General reported last Wednesday that the nation's monopoly seller of wheat and barley, the Canadian Wheat Board (CWB), is managed "economically and efficiently" but suffers from major deficiencies in strategic planning and...
FMI, NCCR issue report aimed at uniform husbandry.(Food Marketing Institute (FMI) and the National Council of Chain Restaurants (NCCR) )
March 4, 2002... The Food Marketing Institute (FMI) and the National Council of Chain Restaurants (NCCR) issued an anxiously awaited "interim report" last week that's intended to lead to consistent guidelines for animal husbandry for use by meat and poultry...
British feed industry linked to importing BSE-contaminated feed. (World View).(bovine spongiform encephalopathy )(Brief Article)
March 4, 2002... There was a sharp exchange early last week in London, England, between one of Britain's top scientists on bovine spongiform encephalopathy (BSE) and the national feed organization over whether continuing cases of the disease may be caused by...
Crawford gets nod as top deputy at FDA. (World View).(Lester Crawford appointed to Food and Drug Administration)(Brief Article)
March 4, 2002... WASHINGTON, D.C. -- Dr. Lester Crawford, a veterinarian and expert in pharmacology who has a long history in food safety and public health issues, has been named deputy administrator of the Food & Drug Administration.
Crawford will...
Mixed reactions to poultry bans arise.(Brief Article)(Statistical Data Included)
March 4, 2002... There was confusion late last week in Russia but none in the Philippines over whether imports of U.S. poultry meat are banned.
The confusion in Moscow started after news agencies, including Reuters wire service, reported Friday morning that...
Inside Washington.
March 4, 2002... WASHINGTON, D.C. -- The ability of the U.S. government to inspect imported meat -- probably other foodstuffs, as well -- is a hot button issue, and it's one ripe for being politicized.
The post-Sept. 11 climate has heightened the usual...
LMA reaffirms 'strong backing' for ban, labeling.
March 4, 2002... The Livestock Marketing Assn. (LMA) has reaffirmed "strong backing" for amendments in the farm bill that would ban livestock ownership by packers and mandate country-of-origin labeling. LMA said its position reflects "the groundswell of...
Baytril pre-hearing scheduled for April.
March 4, 2002... The Food & Drug Administration has announced that it will hold a pre-hearing conference April 8 on its proposal to withdraw Bayer Corp.'s enrofloxacin product, Baytril, from the market.
In 2000, FDA's Center for Veterinary Medicine (CVM)...
Clarification.
March 4, 2002... The Grain Inspection, Packers & Stockyards Administration (GIPSA) announced last month it will appeal an administrative law officer's ruling that Excel Corp. could not be fined for violating a GIPSA regulation that packers must advise livestock...
NRC committee report finds regulation of transgenic plants should be reinforced.
March 4, 2002... WASHINGTON, D.C. - The U.S. Department of Agriculture should more rigorously review the potential environmental effects of new transgenic plants before approving them for commercial use, according to a report from the National Academies'...
Initial tests on suspected FMD cases negative.
March 4, 2002... Britain's Department of the Environment, Food & Rural Affairs (DEFRA) said last week that initial tests on two sheep suspected since Feb. 26 of being infected with foot and mouth disease (FMD) have come back negative.
Farm groups viewed...
LOL to build brand strength with pure, 'simple goodness'. (Business Report).(Land O'Lakes)
March 4, 2002... MINNEAPOLIS, MINN. -- Land O'Lakes Inc. (LOL), which, for several years, has moved to capture the power of scale to not only compete but win in the corporate environment of global, large-sized food companies, is moving now to capture the power...
LOL in 'fast race' to build scale, share. (Business Report).(Land O'Lakes)(Brief Article)
March 4, 2002... MINNEAPOLIS, MINN. -- Land O'Lakes Inc. (LOL), as all agriculture companies, is in "a race" to build scale to compete in an environment that increasingly requires scale to meet customer expectations and to gain and keep customers, according to...
Excel completes Taylor acquisition. (Business Report).(Brief Article)
March 4, 2002... Excel Corp. announced last week completion of the acquisition of Taylor Packing Co., Taylor By-Products Inc. and related companies. Terms of the transaction were not released.
Taylor, headquartered in Wyalusing, Pa., is a cow and fed cattle...
Investors, management acquire Willow Brook. (Business Report).(Brief Article)
March 4, 2002... Willow Brook Foods, the 11th-largest turkey processor in the U.S., has been acquired from MCMI Foods Inc. in an investor- and management-led buyout, according to an announcement.
The deal includes the Willow Brook plant in Springfield, Mo.,...
LOL names Policinski to head dairy business. (Business Report).
March 4, 2002... ARDEN HILLS, MINN. -- Land O'Lakes Inc. (LOL) has named Chris Policinski, who has been responsible for dairy foods business development and marketing, to executive vice president and chief operating officer for all dairy operations, including...
Stock summary.
March 4, 2002...
STOCK SUMMARY
This Last
Week Week Year
Feb. 27 Feb. 20 Ago
Nelson
Stock Index
Agribusiness 89.8 90.4 79.3
Baking 148.6 147.2 ...
U.S. Dollar Equivalencis, Feb. 27.
March 4, 2002...
U.S. DOLLAR EQUIVALENCIES, FEB. 27
Australian dollar 0.51560
Brazilian real 0.42265
British pound 1.41510
Canadian dollar 0.62321
Chinese yuan 0.12082
Euro 0.86700
Japanese yen 0.00747...
Mars receives clearance to buy Royal Canin.(Brief Article)
March 4, 2002... The European Commission has granted conditional regulatory approval to the proposed acquisition of the French petfood company Royal Canin S.A. for [euro] 1.5 billion by Masterfoods Holding, a French subsidiary of U.S.-based Mars Inc.
...
Names in the news.(Bob Christenson; C. Steven Carr; Bob Hoopengarner; Ernest O. 'Chip' Horn IV; Joergen Olsson)(Brief Article)
March 4, 2002... CHORE-TIME CONTROLS, Milford, Ind. -- Bob Christenson has been promoted to product specialist. Christenson will be responsible for product design and product testing as well as helping the sales staff with customer support and training. He was...
AEB studying ways to promote the dairy case. (Poultry).(Brief Article)
March 4, 2002... CHICAGO, ILL. -- The American Egg Board (AEB) has launched a new study to measure the economics and dynamics of different egg promotions on the categories and items in the dairy case, according to an announcement.
The study, "Promoting the...
Turkey industry needs to concentrate on everyday, not one-and-a-half weeks. (Poultry).(Statistical Data Included)
March 4, 2002... NEW ORLEANS, LA. -- The grocery industry, restaurant industry and even turkey industry treat turkey as if it's "a one-trick pony" -- focused mostly on Thanksgiving whole birds -- according to Brian Salus at Salus & Associates.
However, the...
Turkey has negatives, plusses, fits luncheon trade but not dinner. (Poultry).(Lettuce Consulting Group promotes turkey restaurant concepts)(Brief Article)
March 4, 2002... NEW ORLEANS, LA. -- "Anybody can sell turkey in November," but the challenge is to sell turkey year-round, according to Tom Miner with Lettuce Consulting Group, which operates 30 restaurant concepts.
Although turkey has its negatives, it...
Bodyweight, physiologic changes may affect aging flock fertility. (Nutrition and Health/Poultry).(chickens)(Statistical Data Included)(Brief Article)
March 4, 2002... As in all avian species, increasing age has an adverse effect on the reproductive success of broiler breeder chickens that begins once hens reach peak egg production, according to Dr. R. Keith Bramwell, extension reproductive physiologist with...
Conner named Auburn poultry science head. (Nutrition and Health/Poultry).(Donald E. Conner; Auburn University)(Brief Article)
March 4, 2002... Dr. Donald E. Conner has been named head of the poultry science department at Auburn University, Auburn, Ala., effective Feb. 1.
He has been a professor at Auburn since 1989. He has served as interim director of Auburn University's Poultry...
Variation in nutrient content may not affect performance. (Bottom Line of Nutrition/Poultry).(in animal feed stocks)
March 4, 2002... The feed industry expends a lot of effort with the objective of achieving uniformity in the feed produced. Computer programs are utilized in order to achieve uniformity in nutrient content even though there may be changes in the use of...
Phytase stability may be improved by new technology. (Nutrition and Health/Poultry).(Brief Article)
March 4, 2002... ABSTRACT
As a protein, the phytase enzyme exists in a unique three-dimensional, folded configuration; however, chemical, physical or biological factors can destabilize the enzyme. New technology for the protection of phytase during...
AGRIS Corp., Roswell, Ga. (What's New).(offers Agronomy Management for AGRIS V9)(Brief Article)
March 4, 2002... AGRIS Corp., Roswell, Ga., has announced the launch of Agronomy Management for AGRIS V9, which is an updated business management tool that enables merchants to provide customers with enhanced crop planning, fertilizer formulation and blending...
Chore-Time Poultry Production Systems, Milford, Ind. (What's New).(introduces Chore-Time Ultra-Ray Plus Brooder/Heater)(Brief Article)
March 4, 2002... Chore-Time Poultry Production Systems, Milford, Ind., has introduced its new infrared Chore-Time Ultra-Ray Plus Brooder/Heater, a gas heater that provides even heat and has a maximum heating capacity of 40,000 Btus per hour using either liquid...
Chore-Time Poultry Production Systems. (What's New).(offers ZSTART Poultry Feeder)(Brief Article)
March 4, 2002... Chore-Time Poultry Production Systems has also announced its new ZSTART Poult Feeder with a feed cone that features sparkle flecks to help draw birds to the feeder.
Chore-Time Egg Production Systems, Milford. (What's New).(introduces new Vertical DBS Cage System)(Brief Article)
March 4, 2002... Chore-Time Egg Production Systems, Milford, has announced its new Vertical DBS Cage System (with dropping boards) as an alternative to a manure belt system. According to the company, the offset design of the new system virtually eliminates...
Chore-Time Egg Production Systems. (What's New).(offers new Manure Belt Cage System)(Brief Article)
March 4, 2002... Chore-Time Egg Production Systems has also announced that its new Manure Belt Cage System has a modular design that makes it easier to ship, assemble and repair. It said the system meets the United Egg Producers' space standards and features a...
Chore-Time Equipment, Milford. (What's New).(light-reducing version of 48-inch diameter TURBO fan)(Brief Article)
March 4, 2002... Chore-Time Equipment, Milford, announced that it now offers a light-reducing version of its 48 in diameter TURBO Fan. The belt-driven fiberglass fan features a black interior surface, a black outlet cone and a gray-colored, corrosion-proof...
DevRx Laboratories Inc. Jupiter, Fla. (What's New).(signs manufacturing agreement with Probi AB)(Brief Article)
March 4, 2002... DevRx Laboratories Inc., Jupiter, Fla., announced that it has signed an exclusive manufacturing agreement with Probi AB of Lund, Sweden, to produce BioEquine, a feed supplement that contains Lactobacillus plantarum.
Dosmatic U.S.A. Inc., Carrollton, Texas. (What's New).(Supper Corrosive Transfer Kit)(Brief Article)
March 4, 2002... Dosmatic U.S.A. Inc., Carrollton, Texas, has introduced its Super Corrosive Transfer Kit. The transfer kit improves the corrosion resistance of injectors by directing the chemical solution being proportioned straight into the outgoing water...
Dr. T's Nature Products, Hartwell, Ga. (What's New).(NaturalRx, agricultural and garden insect repellent)(Brief Article)
March 4, 2002... Dr. T's Nature Products, Hartwell, Ga., has introduced NaturalRx, a broad-spectrum agricultural and garden insect repellent. The company said the product is effective in controlling insects that attack flowering plants, fruits, vegetables and...
eMerge Interactive Inc., Sebastian, Fla. (What's New).(CattleLog ME )(Brief Article)(Product Announcement)
March 4, 2002... eMerge Interactive Inc., Sebastian, Fla., has launched two new CattleLog individual-animal data collection and reporting products that are designed to help cattle operations source- or process-verify and "de-commoditize" individual animals....
Farnam Companies Inc., Phoenix, Ariz. (What's New).(Brief Article)
March 4, 2002... Farnam Companies Inc., Phoenix, Ariz., recently acquired marketing rights to the Constant Delivery Resuscitators, a respiratory device made in various sizes for small and large animals and manufactured by McCulloch Medical.
K-Zyme Laboratories Inc., Roanoke, Va. (What's New).(Brief Article)
March 4, 2002... K-Zyme Laboratories Inc., Roanoke, Va., has made available its BIOAC(VTM)NB, a proprietary blend of vapor suppressing agents formulated in a balanced ratio that targets the prime source of the developing odorous material and absorbing the...
Scanvaegt International A/S, Aarhus, Denmark. (What's New).(Brief Article)
March 4, 2002... Scanvaegt International A/S, Aarhus, Denmark, has announced that its new online trimming table is made to batch feed fillets and tenders directly from the filleting machine to the trimming operator and after trimming further to individual...
Schering-Plough Animal Health Corp., Union, N.J. (What's New).(Brief Article)
March 4, 2002... Schering-Plough Animal Health Corp., Union, N.J., has introduced MaxiVac Excell with Emunade, a bivalent swine influenza vaccine. According to the announcement, the vaccine reduces viral shedding from both the lungs and nasal passages and comes...
Silver Lake Research, Monrovia, Cal. (What's New).(Brief Article)
March 4, 2002... Silver Lake Research, Monrovia, Cal., has announced the availability of Meatsafe Gentamicin, a pre-slaughter screen to identify gentamicin (a broad-spectrum aminoglycoside antibiotic used in dairy cows) residue in urine. The test is a...
Behavior profile helps identify 'right' salespeople. (Special Report Management).(Industry Trend or Event)(Brief Article)(Editorial)
March 4, 2002... When it comes to identifying sales excellence, there is more to quality selling performance than just a few outstanding traits; there is actually a complete "profile of behaviors" that separates the average salesperson from the extraordinary...
Management system upgrade requires planning. (Special Report).
March 4, 2002... The adoption of new technology can make a significant difference in the efficiency of a company, but such upgrades to an existing business management system require careful planning.
In the midst of potentially shrinking margins, increased...
PRRS submissions on rise; transmission route unclear. (Special Report).
March 4, 2002... NEW ULM, MINN. -- According to Dr. Bob Morrison, epidemiologist with the University of Minnesota Swine Center, the number of porcine reproductive and respiratory syndrome (PRRS) virus submissions has increased this winter to the college's...
NIAA to hold meeting in Chicago.(Brief Article)
March 4, 2002... The National Institute for Animal Agriculture (NIAA) will hold its 2002 annual meeting March 24-28 at the Palmer House Hilton in Chicago, Ill.
According to the announcement, the theme will be "Animal Agriculture -- Dealing with New...
Ag lenders see improved 2001, expect rise to continue in 2002.(Brief Article)
March 4, 2002... Financial institutions serving agriculture continued to experience improved conditions in 2001, and further gains are expected in 2002, according to a report published by the Economic Research Service (ERS).
However, ERS said, farm...
Selenium levels should be in forefront of planning. (Nutrition and Health).(Brief Article)
March 4, 2002... ABSTRACT
After 40 years of supplementing selenium to livestock, it is pertinent to ask whether continued supplementation is necessary. There has been a productive research effort directed toward improved methods of supplying selenium, with...
Hog Industry Insider. (An Update of Swine Industry News).(Brief Article)
March 4, 2002... Packer powerball
Legislative efforts to curb vertical integration have triggered a war of words between producers, packers and politicians. Sparking the debate is a campaign by Smithfield Foods Inc. criticizing an amendment to the national...
APHIS selects Levings as director for NVSL.(Animal & Plant Health Inspection Service, National Veterinary Services Laboratories)(Brief Article)
March 4, 2002... WASHINGTON, D.C. -- Bobby R. Acord, administrator of the U.S. Department of Agriculture's Animal & Plant Health Inspection Service (APHIS), announced Feb. 26 the selection of Dr. Randall L. Levings for the director of APHIS's National...
Tiamulin approved for ileitis control. (FDA Notice).
March 4, 2002... WASHINGTON, D.C. -- The Food & Drug Administration has amended the animal drug regulations to reflect approval of a supplemental new animal drug application (NADA) filed by Boehringer Ingelheim Vetmedica Inc., St. Joseph, Mo., that provides for...
Milk fat depression in dairy cattle multifaceted.(Brief Article)
March 4, 2002... The subject of depressed milk fat level in cow's milk has been through a number of findings: the earliest in 1845 from beets fed to dairy cows, in 1824 from feeding fish oil, in 1924 and 1926 from feeding cod liver oil, in 1939 from grinding...
Poultry companies go fluoroquinolone-free.
March 4, 2002... Poultry companies Perdue Farms Inc. and Gold Kist Inc. have discontinued therapeutic use of fluoroquinolone antibiotics in the production of broiler chickens, according to separate announcements.
Both companies said the drug was only used...
Field peas can substitute for grain.
March 4, 2002... Dairy producers can use field peas as a grain substitute or protein source for their cows, and those peas are highly palatable for ruminants, said Dr. George Marx, a dairy scientist with the University of Minnesota Extension Service.
"In...
Oilseed officers. (Trade Note).(Brief Article)
March 4, 2002... WASHINGTON, D.C. -- Charles A. Bussey of Bunge North America, soybean processing division, St. Louis, Mo., was elected chairman of the National Oilseed Processors Assn. at its annual meeting Feb. 8-10 in Palm Springs, Cal.
Wayne Teddy,...
Obituary.(Brief Article)
March 4, 2002... William E. Kunkle
WILLISTON, FLA. -- Dr. William E. "Bill" Kunkle died Feb. 21 at the age of 54.
Kunkle was a professor in the animal sciences department at the University of Florida. He joined the faculty at the University of Florida...
Starch removal process could change wet milling. (Mill Market).
March 4, 2002... A new technique to process corn, developed by the U.S. Department of Agriculture's Agricultural Research Service (ARS), could replace a wet milling method used by refiners for more than 100 years.
In the new method, enzymes break down...
PCS to buy Farmland feed phosphate operation. (Mill Market).
March 4, 2002... Potash Corporation of Saskatchewan Inc. (PCS) has reached an agreement with Farmland Industries Inc. to acquire Farmland's Joplin, Mo., phosphate plant, formerly known as Farmers Chemical Co.
Terms of the transaction, which was expected to...
PharmTech reopens fire-damaged plant. (Mill Market).
March 4, 2002... The portion of the PharmTech plant destroyed by fire March 8, 2001, has been rebuilt, with production to begin the first week of March 2002.
The new plant contains two production lines designed to blend premixes, animal health products and...
Ingredient market.(Statistical Data Included)
March 4, 2002...
INGREDIENT MARKET
OILSEED PRODUCTS
(dollars per ton)
Soybean meal
(high-protein)
Atlanta 205.00 4.00
Boston 179.00 1.00
Buffalo 176.60 3.20
Chicago ...
Meat and bone meal exports drive segment of ingredient markets. (Grains and Ingredients).
March 4, 2002... Grain and oilseed markets were generally weaker last week in spite of some days of heavy trading.
Corn, especially, saw high volumes early last week due to positioning and a sell-off prior to the March delivery period that began last...
China's WTO entry to be muted. (Grains and Ingredients).(Brief Article)
March 4, 2002... China's entry into the World Trade Organization was an important event for China's grain sector.
In the short term, however, the effect "will be muted," according to a Foreign Agricultural Service (FAS) attache report.
FAS said entry...
Plants push to move beef, pork; hog productivity may be on rise. (Livestock and Poultry).
March 4, 2002... DENVER, COLO. -- The cattle markets lost $1-2 last week as beef demand dropped for a second straight week, and beef pricing failed to support cattle pricing, according to Feedstuffs market observers.
Observers said beef production remains...
Russians rip U.S. on poultry exports.(Brief Article)
March 11, 2002... WASHINGTON, D.C. -- Russia dropped a trade bombshell last week when it announced a ban of U.S. poultry that was to go into effect March 10.
While the Russians charged that the ban is based on food safety concerns, many believe it is in...
Friona to sell Hi Pro, focus on feeding growth.(selling Hi Pro Animal Health to Walco International)(Brief Article)
March 11, 2002... Friona Industries Inc. confirmed last week that the company is selling its animal health distribution business to position itself to take advantage of opportunities to expand its cattle feeding and feed manufacturing businesses.
Friona...
FBO declares commitment to beef production system.(Future Beef Operations)(Brief Article)(Statistical Data Included)
March 11, 2002... Future Beef Operations LLC (FBO), which began operations last summer as a cutting-edge and promising 21st century beef production system, entered into bankruptcy reorganization last week after a start-up that was fraught with problems.
...
Delegates vote to cut checkoff for pork program.(Statistical Data Included)
March 11, 2002... DENVER, COLO. -- In a move believed to be historic for any commodity group, delegates to the National Pork Act have voted to recommend reducing the checkoff for the national pork program.
Delegates supporting the measure said the reduction...
China's new GMO regulations could hurt U.S. soybean industry. (World View).
March 11, 2002... It must have been a little frustrating for the U.S. team flying into China last Tuesday in an attempt to convince Chinese officials that they should do something about the new rules on imports of genetically modified (GM) grains and oilseeds....
NPPC, Pork Board make NPPC implements new structure to be accountable, deliver services.(Statistical Data Included)
March 11, 2002... DENVER, COLO. -- Delegates to the National Pork Producers Council (NPPC) established a "new" NPPC at the council's annual business meeting here, and 2002 NPPC president Dave Roper pledged that the council would deliver "deliverables."
The...
Board to 'reconnect' checkoff with producers. (New Starts).(National Pork Promotion and Research Board)(Statistical Data Included)
March 11, 2002... DENVER, COLO. -- The board that manages the national pork program and checkoff-funded projects will become "a fast company" in which investor-producers can take ownership as it moves "to reconnect" the checkoff with producers through a plan...
Brazil threatens to involve WTO in trade disputes.(Brief Article)
March 11, 2002... Flexing its litigious muscles, the Brazilian government said in recent days it plans to file complaints before the World Trade Organization against the U.S. for the operation of its soybean and cotton programs and against the European Union for...
Farmers Cooperative establishing quality system.(Farmers Cooperative Co.)
March 11, 2002... VANCOUVER, B.C. -- Recognizing the expanding emphasis on grain quality, the Farmers Cooperative Co. (FC), Farnhamville, Iowa, has been working to create a certified and internationally recognized quality system.
Initially, FC selected ISO...
Authorities seek assistance of MSM retailers.(methylsulfonyl methane used in making illegal drugs)(Brief Article)
March 11, 2002... Law enforcement authorities in several states are asking retailers of methylsulfonyl methane (MSM) to be cautious to whom they sell the additive.
MSM is widely used as a therapy for arthritic horses and is promoted as a potential source of...
Inside Washington.(how Washington D.C has changed since September 11)(Brief Article)(Column)
March 11, 2002... WASHINGTON, D.C. -- With this week marking the six-month anniversary of the Sept. 11, 2001, terrorist attacks on America, it is interesting to compare how things really have changed "Inside Washington."
Washington is no longer the place I...
CP declares dividend. (Financial Reports).(Canadian Pacific Railway Co.)(Brief Article)
March 11, 2002... CALGARY, ALB. - The board of directors of Canadian Pacific Railway Ltd. (CP) has declared a quarterly dividend of 12.75 cents (Canadian) per share on outstanding common shares. The dividend is payable April 29 to holders of record March 27.
Cagle's reports continued pricing weakness. (Financial Reports).(Cagle's Inc.)(Brief Article)(Statistical Data Included)
March 11, 2002... ATLANTA, GA. - Cagle's Inc. has reported a continuing loss for its third fiscal 2002 period and three quarters, although its performance was a considerable improvement over the prior year.
For its quarter ended Dec. 31, Cagle's reported a...
Pharmacia plans Monsanto sale late this year. (Financial Reports).(Pharmacia Corp., Monsanto Co.)(Brief Article)(Statistical Data Included)
March 11, 2002... PEAPACK, N.J. - Pharmacia Corp. has reported a decline in earnings for its fourth quarter but increased returns for its full year and increased sales for both reporting segments.
The company said sales at its animal health business...
Ridley reports solid second quarter. (Financial Reports).(Ridley Inc.)(Brief Article)(Statistical Data Included)
March 11, 2002... MANKATO, MINN., and WINNIPEG, MAN. - Ridley Inc. said it had a solid financial performance in its second quarter, despite warm weather hurting sales.
For its quarter ended Dec. 31, Ridley reported net earnings of $7.9 million (Canadian),...
Agway to sell agronomy unit in restructuring. (Business Report).(Agway Inc.)(Brief Article)
March 11, 2002... Agway Inc. announced last week a comprehensive restructuring of the cooperative in which it will divest its businesses in agronomy, financing, insurance and specialty seed and focus on four principal businesses, including animal feed and...
Farmland looks to exit grain business. (Business Report).(Farmland Industries Inc. to divest Tradigrain Inc.)(Brief Article)
March 11, 2002... Farmland Industries Inc. announced March 5 that it is planning to exit the international grain trading business by selling or closing its various Tradigrain operations.
Farmland acquired Tradigrain, a group of companies operating in 11...
Stock Summary. (Business Report).(for week of March 6, 2002)(Brief Article)(Illustration)(Statistical Data Included)
March 11, 2002...
STOCK SUMMARY
This Last
Week Week Year
Mar. 6 Feb. 2 Ago
Nelson
Stock Indexes
Agribusiness 90.4 89.8 78.8
Baking 147.0...
U.S. Dollar Equivalencies, Mar. 6. (Business Report).(Brief Article)(Illustration)(Statistical Data Included)
March 11, 2002...
U.S. DOLLAR EQUIVALENCIES, MAR. 6.
Australian dollar 0.52540
Brazilian real 0.42141
British pound 1.42840
Canadian dollar 0.63207
Chinese yuan 0.12082
Euro 0.88270
Japanese yen 0.00787...