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Increased Beef And Meat Production Add Market Pressure

2013-02-16 20:30:00| Beef

It’s a long way from $138 to $130. That’s the distance the April Live Cattle futures contract traversed between the middle of December and last Friday. There are plenty of reasons but more beef and total meat production than the trade expected is a key suspect. read more

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Schnitzer Steel Price Target Increased to $30.00 by Analysts at Jefferies Group

2013-02-15 23:01:54| Steel - Topix.net

Separately, analysts at Bank of America upgraded shares of Schnitzer Steel from an underperform rating to a neutral rating in a research note to investors on Tuesday, November 27th.

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Bill Blocks Increased Ethanol Blend for Gasoline

2013-02-15 16:49:00| National Hog Farmer

Source: Office of Sen. Roger Wicker   U.S. Senators Roger Wicker (R-MS) and David Vitter (R-LA) on Thursday, introduced legislation to block an increase in the amount of ethanol that can be blended with gasoline. The bill would overturn Environmental Protection Agency (EPA) waivers that allowed gasoline containing 15% ethanol (E15) to be used for many passenger cars and light trucks. The higher blend of ethanol has been found to cause engine damage, reduce fuel efficiency and contribute to higher corn prices and rising food costs for American consumers. read more

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Deere & Company Price Target Increased to $110.00 by Analysts at BMO Capital Markets

2013-02-15 10:36:18| Industrial Machines - Topix.net

The firm currently has an "outperform" rating on the stock. Deere & Company traded down 0.12% on Thursday, hitting $90.57. Deere & Company has a 1-year low of $69.51 and a 1-year high of $95.60. The stock's 50-day moving average is currently $90.99. The company has a market cap of $35.129 billion and a price-to-earnings ratio of 11.88. Deere & ... (more)

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FMC Tech Price Target Increased to $58.00 by Analysts at Ubs Ag

2013-02-15 06:42:42| Oil & Gas - Topix.net

The firm currently has a "buy" rating on the stock. A number of other analysts have also recently weighed in on FTI.

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