Archive for the ‘AGRICULTURE – Market Sector’ Category

MSU to host Producer Advisory Council Feb. 19

VERONA — Mississippi State University’s North Mississippi Research and Extension Center will host its annual Producer Advisory Council meeting Feb. 19 in Verona. Agricultural clients will meet with representatives from the MSU Extension Service and the Mississippi Agricultural and Forestry Experiment Station to discuss education and research needs. Registration begins at 8:30 a.m. at the […] [...]

Kudzu bugs spread into DC area, southern Delaware, Arkansas

NEW ORLEANS — The pea-sized bugs look a bit like ticks, can suck one-fifth of the yield out of a soybean field, and travel by highway. In the 5 1/2 years since they were first spotted in Georgia, kudzu bugs have spread 400 to 500 miles west and north — as far as Louisiana, Arkansas, […] [...]

UNFOLDING OF A RESCUE — How Sanderson Farms saved Mississippi’s PGA tour event

Years from now Mississippi golf fans will tell of how chicken — or, more specifically, a chicken empire — saved the state’s spot on the Professional Golf Association tour. The rescue required convincing Joe Sanderson Jr. and the board of his publicly traded company that chicken and the sponsor-less True South Classic belonged together under […] [...]

Mississippi poultry industry’s hub system behind today’s success

To understand how Mississippi’s poultry industry has advanced to become the state’s top agricultural money maker, think of the hub system the airlines use, says Mark Leggett, Mississippi Poultry Association president. Developed during the 1960s and ’70s, the hub system, or what the industry calls vertical integration, ended segmentation of the industry and ensured a […] [...]

MBJ Business Person of the Year: Joe Sanderson Jr.

You can come at the chicken business a few different ways. You can get to a point you’re happy with and stay there, you can wait for opportunities to arise, or you can create them the way Joe Sanderson Jr. does. The CEO of Mississippi’s largest public company prefers to run at full throttle, having […] [...]

State agriculture values set to top $7B for third year

by Published: December 24,2014

Tags: agriculture, Business, Mississippi, money

Despite low prices for many commodities, the overall projected totals for Mississippi’s crop values should top $7 billion for the third straight year and essentially match the record set in 2013. John Michael Riley, agricultural economist with the Mississippi State University Extension Service, said his preliminary estimate of 2014’s agricultural production values, excluding government payments, […] [...]

Cal-Maine Foods, Inc. reports second quarter fiscal 2015 results

by Published: December 24,2014

Tags: agriculture, Business, Cal-Maine, eggs, Mississippi, NEWS

JACKSON — Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced results for the second quarter and six months ended November 29, 2014. Net sales for the second quarter of fiscal 2015 were $378.6 million, a 6.9 percent increase compared with net sales of $354.3 million for the second quarter of fiscal 2014. The Company reported net income of $36.6 […] [...]

Citizen scientists help local wildlife and communities

Funding and manpower are the most common limiting factors in conducting research. These factors are especially limiting for wildlife and fisheries research projects, which cover vast geographic areas, involve secretive animals and generate large quantities of information. To combat these challenges, scientists have reached out to everyday citizens interested in science, the natural world and […] [...]

Record soybean yield is valued at $1.17 billion

A potentially record-setting production year made soybeans a billion dollar crop and Mississippi’s third-largest agricultural commodity in 2014. Trent Irby, soybean specialist with the Mississippi State University Extension Service, said soybeans are expected to yield a record average of 52 bushels an acre.  “Overall, we had a really good year for soybean production,” Irby said. […] [...]

Short supplies, high demand boost cattle producer profits

Mississippi’s beef cattle producers just experienced the best year in history, and 2015 looks equally promising. Mississippi State University Extension Service agricultural economist John Michael Riley said droughts in cattle-producing states, especially in 2012, resulted in tighter supplies, while consumer demand for beef has remained strong. “Each producer has one question to ask before buying […] [...]

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