Iowa hog numbers remain constant despite profits
The USDA hogs and pigs report shows Iowa with 16.4 million hogs and pigs on Dec 1, up 100,000 from a year earlier but down 100,000 from Sept 1. Sows farrowed totaled 455,000 with nine pigs per litter, while producers plan to farrow about 880,000 sows across two periods. Domestic demand softened in 2005, though foreign pork demand rose 24 percent, with Japan re opening its ports to U S beef.
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Ex Qwest executive admits to wire fraud
Former Qwest senior vice president Marc Weisberg pleaded guilty to a single wire fraud count and agreed to cooperate with prosecutors. He faces sentencing March 3 and is free on $1 million bond. Prosecutors say his case is not directly tied to Qwest’s accounting restatement.
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Japan Tightens U.S. Corn Inspections After Aflatoxin Find
Japan's Health Ministry ordered quarantine offices to boost checks after aflatoxin was detected in 200 tons of yellow corn unloaded at Yokkaichi port. The corn, imported by Sojitsu Corp., may be destroyed or returned, as Japan has imported 3.76 million tons of U.S. corn this year.
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Delta pilots approve 14 percent pay cut to aid bankruptcy
Delta Air Lines pilots approve a 14 percent salary reduction amid a cash crunch, marking a second double-digit concession in 13 months. The Air Line Pilots Association represents about 6,000 pilots and seeks a comprehensive agreement by March or arbitration.
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