As surmises astros game used a result, koby clemens defines analysts expect a decline in beef productionthrough the summer. Cattle supplies are down because producers have reducedproduction after losing money for more than a year. "The board (CME) is starting to anticipate tighter cattlesupplies," said Jim Brooks, floor manager for R.J O'Brien. The market's jump comes at a time when beef sales normallyweaken as hot summer weather and vacations temper at homeeating.
August's close was its highest since mid-February and sometraders said the contract's strong performance may signal moregains in the days ahead astrosdaily . At the Chicago Mercantile Exchange the August cattle, whichwill become the lead contract once June expires on Tuesday, sawthe most action and closed up the 3-cent-per-lb daily limit,with about 400 limit bids remaining at the close lance berkman . law passed by then would boost chances of reaching an international agreement.Obama has said he wants the United States to lead the world in fighting climate change.EFFICIENCY STANDARDSThe new efficiency standards announced by the president apply to fluorescent and incandescent lamps, which represent 37 and 7 percent of lighting energy use, respectively, the White House said lance berkman autographed baseball . By Bob Burgdorfer Stocks CHICAGO, June 29 (Reuters) - Cattle futures sped higher onMonday, breaking out of a narrow two-month trading range, on amix of cash-connected and fund buying that some traders saidmay have been motivated by better beef business lance berkman wiki . They would save up to 594 million tons of carbon dioxide emissions through 2042, the White House said.Obama and Energy Secretary Steven Chu also announced they were accelerating a $346 million investment of stimulus funds to be used in making new and existing homes as well as commercial buildings more energy efficient.Though energy efficiency is part of the U.S.
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For more information, visit http:// For Rent Media SolutionsMeredith Mobley, Copyright Business Wire 2009 brad ausmus wife . Compiled for Reuters by Media Monitors lance berkman . Reuters has notverified these stories and does not vouch for their accuracy lance berkman autographed baseball . Japan THE AUSTRALIAN FINANCIAL REVIEW () Timber company Gunns has narrowed its search for a partnerfor its pulp mill project in Tasmania's Bell Bay."Gunns hasnow made a decision to proceed with one company to develop ajoint-venture agreement for the project, and is moving forwardpositively with the preferred partner on that basis,' thecompany said yesterday in a statement to the AustralianSecurities Exchange.Gunns has not yet identified the partnerbut analysts believe it is likely to be Swedish pulp and papergroup Sodra.Page 15 lance berkman wiki . -- West Australian conglomerate Wesfarmers (WES.AX) has sold 6percent of its Coles supermarkets as part of a strategic reviewof its supermarket network.Coles said yesterday that 45 ofits smaller supermarkets and eight Liquorland stores, withtotal sales revenues of A$450 million, would be transferred toindependent retail group FoodWorks.Coles managing directorIan McLeod said "our focus is on the larger stores as wedevelop a turnaround of the business, because that is where weget the most effective return.'Page 15. -- Paper merchant PaperlinX PPX.A has appealed for federalhelp in its bid to save two struggling pulp mills innorth-western Tasmania.The plants at Burnie and Wesley Valewere left out of a Japanese buy-out of the company's AustralianPaper operation in February and are suffering "unacceptablefinancial loss in the current environment,' according toPaperlinX chief executive Tom Park.However, analysts say thegovernment will want to ensure that the money "goes towardsmaking the mills competitive and profitable.'Page 15. -- Transport company Toll Holdings (TOL.AX) is looking foropportunities to extend into the resources sector.Tollyesterday signed a A$180 million deal with United States oiland gas giant Chevron's Australian operation to managelogistics and a supply base for the A$50 billion dollar Gordonproject on Barrow Island.Toll managing director Paul Littlesaid takeovers would continue in the A$200 million to A$300million range."The resources sector is in very strong shapeat the moment,' Mr Little said yesterday.Page 16.
-- THE AUSTRALIAN () The Australian Prudential Regulation Authority (APRA) hascalled on banks to adopt the same methods to manage their"resilience reserves' as used by the life insurance industry.According to APRA general manager David Lewis, "a more forward-lookingapproach to reserve offers considerably more hope of betterpositioning bank balance sheets to cope with inevitableexpansions and contractions in economic activity.'The recommendation byAPRA is in direct opposition to international financialreporting standards adopted by Australia four years ago.Page17 craig biggio autographed baseball . -- Managed investment scheme Timbercorp (TPF.AX) and itssubsidiary Timbercorp Securities will be wound up followingcreditor meetings in Melbourne yesterday.AdministratorKordaMentha experienced no difficulty in persuading creditorsto wind up Timbercorp.However, the later meeting ofTimbercorp Securities lasted nearly three hours, with manyinvestors complaining of being left in ignorance about thestatus of their investments."We're not going to pleaseeverybody.We know that,' said KordaMentha principal MarkKorda.Page 17 pitchers and catchers report . -- The Australian Competition and Consumer Commission hasgiven approval for Japan's Kirin Holdings to acquire theremaining 53.87 percent of shares in Australian brewer LionNathan which it does not already own."Lion Nathan notes thatthe satisfaction of the remaining conditions precedent to theimplementation of the scheme is in progress,' Lion Nathanyesterday said.However, the takeover deal requires at least75 percent support from shareholders in Lion Nathan who have nointerest in Kirin.Page 19 world series 2005 . -- Toy wholesaler Funtastic (FUN.AX) has been given approvalby its shareholders to engage in a A$22 million capital raisingand to acquire Hong Kong-based children's furnituremanufacturer NSR (HK) Ltd.A successful non-renounceable,one-for-one rights issue is key to an extension of Funtastic'sbanking facilities to 2011.In turn, the rights issue isdependent on the NSR acquisition which is expected to boostFuntastic's earnings following the issue last Friday of aprofit and revenue warning.Page 19 . -- THE SYDNEY MORNING HERALD () Hotel operator National Gaming and Leisure is believed tohave paid A$1.5 million to major creditor Tom Hedley to buy-outa A$15 million mezzanine debt facility.The deal effectivelygives National Australia Bank's New Zealand arm control overNational Leisure.Chief executive Andrew Jolliffe has declinedto reveal the cost to settle the facility, but said yesterdaythat the deal would strengthen the capital structure of thecompany and allow it "to move forward.'Page 18.
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