Shandong Bolstered by Agricultural Reports
LAIZHOU, China (July 30, 2007) - Shandong Zhouyuan Seed and Nursery Co. Ltd. (OTCBB: SZSN) jumped 14 percent after market open today, rising to 32 cents a share on the news of the company's "encouragement" by two recent research reports from a pair of China's leading agricultural authorities - the Chinese Ministry of Agriculture and the China Seed Trade Association (CNSTA). According to a recent statement from Shandong, both the Ministry of Agriculture and the CNSTA are expecting an "uptrend" on the price of corn in China this year, based on "forseeable demand" and a number of factors that will…