Archive for the ‘AGRICULTURE – Market Sector’ Category

Cochran backs bill exempting small farms from EPA rules

WASHINGTON, D.C. — U.S. Sen. Thad Cochran (R-Miss.) has endorsed legislation that would provide relief to small farms from Environmental Protection Agency fuel storage requirements that are set to take effect in May. Cochran is an original cosponsor to the Farmers Undertake Environmental Land Stewardship Act (S.496) that would amend the EPA Spill Prevention, Control [...] [...]

OSHA finds 43 violations following fatality at poultry company

MOSELLE — The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Southern Hens Inc. with 43 safety and health violations following the death of a worker who slipped and fell into an unguarded screw conveyor while cleaning the conveyor at the company’s Moselle facility. OSHA initiated the inspection Sept. 9, 2012, in [...] [...]

Poultry company new title sponsor of PGA tournament

LAUREL and MADISON — Sanderson Farms Inc. is the new title sponsor of the PGA tournament held annually at Annandale Golf Club in Madison. Mississippi’s only PGA event will now be known as the Sanderson Farms Championship. The Laurel-based poultry company is holding a news conference today at 10 a.m. at the Blair E. Batson [...] [...]

Co-op refunds $12M-plus to member-borrowers

by MBJ Staff Published: March 11,2013

Tags: agriculture, bank, borrow, co-operative, farm, farmer, farming, finance, financial institution, loan, patronage

RIDGELAND — In April, member-borrowers of First South Farm Credit will receive patronage refund checks for 2012 totaling more than $12 million as part of the patronage refund program. Daniel Viator, chairman of the First South board of directors, said, “This is the 18th consecutive year we’ve paid a patronage refund. Over that period of [...] [...]

A.M. Best upgrades insurance agencies rating, outlook

by MBJ Staff Published: March 11,2013

Tags: agriculture, farm, farmer, farming, insurance, ranch, rancher, rating

JACKSON — A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of Mississippi Farm Bureau Casualty Insurance Company. The outlook for both ratings has been revised to stable from positive. A.M. Best wrote: “Mississippi Farm Bureau’s ratings reflect its solid risk-adjusted [...] [...]

Officials track down stolen equipment in N. Miss.

CHOCTAW COUNTY — Investigators from the Mississippi Agricultural and Livestock Theft Bureau (MALTB), the law enforcement division of the Mississippi Department of Agriculture and Commerce, in conjunction with Sheriff Cloyd Halford of the Choctaw County Sheriff’s Department, has seized over $250,000.00 of stolen property. After a lengthy investigation, MALTB investigators and Halford seized the stolen [...] [...]

Coast ag producers share needs, express concerns

BILOXI — Agricultural producers in the coastal region shared their needs and concerns during a recent Mississippi State University meeting. The sixth-annual Producer Advisory Council meeting was held at MSU’s Coastal Research and Extension Center. Eleven commodity groups made recommendations and requests for research, educational programming and support by MSU’s Extension Service and the Mississippi [...] [...]

Cooperative sets new record with $14M patronage payment

by MBJ Staff Published: March 5,2013

Tags: agriculture, bank, banker, banking, dividend, farm, farmer, farming, forest, forester, forestry, patronage, ranch, rancher

RIDGELAND — Southern AgCredit recently returned a record level of net earnings to its customer/owners in Mississippi and Louisiana. This marks the 17th consecutive year of the co-op’s patronage program. Southern AgCredit customers received a check for their portion of the $6.9-million cash patronage, plus a statement detailing their share of a $7.3-million patronage allocation [...] [...]

Annual ag council meeting draws hundreds

VERONA — When agricultural producers speak, Mississippi State University listens. About 300 commodity producers, crop consultants and MSU representatives met recently at the North Mississippi Research and Extension Center in Verona for the annual Producer Advisory Council meeting. The meeting has been held for more than half a century to give farmers the opportunity to [...] [...]

House passes bill exempting sales tax on power, gasoline

JACKSON — Factory operators, farmers and fishermen could stop paying sales taxes on electricity and fuel, under a state House proposal. Representatives passed House Bill 844 by a 75-43 vote yesterday to exempt those groups from a 1.5 percent sales tax on fuel used in producing those industries’ products. It now goes to the Senate [...] [...]

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