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05/21/2008

Agriculture stocks trade broadly higher in wake of farm bill

agriculture stocks Most agricultural-related stocks traded higher in the wake of the Senate's passage of the farm bill by a veto-proof majority. Ethanol-related shares stood out from the pack, with Aventine Renewable Energy wing earnings-induced selling pressure on were a standout, rising nearly 3% following earnings-induced selling pressure on Wednesday. Navistar Internatonal also gained, up more than 1%. Similar gains also were scored by Bunge Ltd. Potash Corp. of Saskatchewan and CF Industries Holdings a supplier of crop nutrients, traded 2% higher.Wednesday.