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By Tom Polansek
CHICAGO, Dec 15 (Reuters) - Hamburger chain Wendy's Co
laid out plans on Friday to trim the use of antibiotics
that are important to human medicine from its beef supply, the
latest step by a food company to fight concerns about resistance
to the drugs in people.
Starting in 2018, the company will buy about 15 percent of
its beef from producers that have each pledged to reduce by 20
percent their use of Tylosin, the one medically important
antibiotic they routinely feed to cattle, according to Wendy's.
(Adds comments on textiles, trade expert)
By David Lawder and Lesley Wroughton
WASHINGTON, Dec 15 (Reuters) - NAFTA negotiatiors made some
progress on less controversial issues this week but left
untouched the thorniest subjects of autos, dispute settlement
and an expiry clause to be tackled at pivotal talks in January
By Theopolis Waters
CHICAGO, Dec 15 (Reuters) - Chicago Mercantile Exchange live
cattle futures on Friday closed up 2.3 percent, their
biggest one-day gain in over a month, after packers paid more
for livestock than expected, said traders.
Buy stops, short-covering and fund buying accelerated
futures advances, they said.
December live cattle finished 2.625 cents per pound
higher at 118.900 cents, and above the 20-day moving average of
117.540 cents. February ended 1.875 cents higher at
(Adds details on talks, comment from Mexican negotiator)
By David Lawder and Lesley Wroughton
WASHINGTON, Dec 15 (Reuters) - Talks this week to update the
North American Free Trade Agreement made some progress on
less-controversial chapters and technical language, but did
little to resolve deep differences on autos, dispute settlement
and a five-year sunset clause, some participants said on Friday.
(Adds USDA forecasts)
NEW YORK, Dec 15 (Reuters) - The U.S. Department of
Agriculture (USDA) said on Friday it estimates global 2017-18
coffee production at 159.9 million 60-kg bags, with consumption
to hit a record 158.5 million bags.
The USDA also pegged output in top grower Brazil at 51.2
million bags, down from its prior estimate of 52.1 million bags,
with the arabica harvest seen falling to 38.8 million bags and
robusta rising to 12.4 million bags.
(Recasts; updates with closing prices, adds analyst quote)
By Mark Weinraub
CHICAGO, Dec 15 (Reuters) - U.S. corn futures dipped on
Friday, hitting fresh contract lows after giving up early gains
on technical selling, traders said.
Soybean futures also weakened slightly, pressured by
forecasts for improving crop weather in South America. The
outlook for rain added to the pressure on corn.
"Corn tried the upside early on short covering, but couldn’t
hold the rally and fell back late in the session, with
Corn futures and soybean futures closed mixed on Friday.
By Julie Ingwersen
CHICAGO, Dec 15 (Reuters) - A combination of delays to
autumn planting and dry conditions in the southern U.S. Plains
have left the hard red winter crop vulnerable to freeze damage,
crop experts said, which could further tighten supplies of
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CSX shares derail after CEO takes medical leave