Cattle futures fell from a five-month high after Tyson Foods Inc. remained the only U.S. meat processor to suspend use of a feed supplement that boosts animal weights, easing beef-supply concerns. Hogs declined.
President Barack Obama, responding to increasing public unease over government surveillance programs, plans to announce today steps designed to build trust in the government’s handling of the anti-terrorism programs, an administration official said.
Montreal, Maine & Atlantic Railway Ltd., the operator of the runaway oil train that exploded and killed 47 people in a Quebec town, said it was forced to file for bankruptcy because of potential liability from the crash.
Late-sown corn in the U.S. is at risk of frost damage in the northern and northwestern Corn Belt because of delayed development, according to Michael Cordonnier, president and owner of crop analyst Soybean & Corn Advisor Inc.