White House says president would veto House farm bill, Politico reports The White House warned yesterday that President Obama would veto the farm bill that the House is considering, according to Politico. The White House objects to cuts in food stamps in the bill, and wants to cut crop insurance subsidies instead, the website stated. Reference Link
Bunge upgraded to Overweight from Neutral at Piper Jaffray Piper Jaffray upgraded Bunge citing earnings and capital return catalysts in the second half of 2013 due to improving port conditions in Brazil and tight channel inventory. The firm raised its price target for shares to $82 from $77.