JACKSON — Cal-Maine Foods Inc. has closed on the previously announced acquisition of the commercial egg production and related assets of Maxim Production Co. Inc. Terms were not disclosed. The assets purchased by Cal-Maine include a feed mill and two production complexes with capacity for approximately 3.5 million laying hens with related pullet capacity, all [...] [...]
by Associated Press Published: July 30,2012
Tags: Chicken, dairy, egg, executive, food, food processing, food processor, income, manufacture, manufacturer, manufacturing, poultry, profits, publicly traded compasny, revenues, sales, senior managment
JACKSON — Egg producer Cal-Maine Foods says its net income grew more than five-fold in its fiscal fourth quarter as it produced and sold more eggs in the period on stronger consumer demand and got a lift from a one-time gain related to a joint venture. Cal-Maine said its average selling price rose 9.7 percent [...] [...]
by MBJ Staff Published: July 19,2012
Tags: acquisition, Chicken, dairy, eggs, food, food processing, merger, poultry, processing, processor
JACKSON — Cal-Maine Foods Inc. has reached an agreement to acquire the commercial egg operations of Pilgrim’s Pride Corporation. Terms were not disclosed. The assets to be purchased by Cal-Maine include two production complexes with capacity for approximately 1.4 million laying hens and adjacent land located near Pittsburg, Texas. The company expects to close the [...] [...]
It’s summer time and the living is just a bit easier for Mississippi’s agriculture theft investigators — at least when it comes to chasing down cattle rustlers. But no one can say how long things will stay that way as beef prices head to record levels and thieves out for a lucrative score begin trying [...] [...]
ACROSS MISSISSIPPI — A mild winter and unusually productive spring means Mississippi dairy farmers are enjoying good milk yield from their cows, but low prices and high input costs are making profits scarce. Lamar Adams, dairy cattle specialist with the Mississippi State University Extension Service, said production costs are at or near record highs and [...] [...]
by MBJ Staff Published: May 1,2012
Tags: agriculture, branding, brands, chickens, cooperative, dairy, eggs, food, joint venture, licensing, poultry, retail
JACKSON — Cal-Maine Foods Inc. has formed a new joint venture between Eggland’s Best Inc., a New Jersey-based egg cooperative, and Land O’ Lakes Inc., a national farmer-owned cooperative based in Minnesota, to produce and sell branded specialty eggs. Pursuant to the terms of the transaction, Eggland’s Best has contributed certain assets, including its trademarks, [...] [...]
by MBJ Staff Published: March 7,2012
Tags: agriculture, aquaculture, bees, cattle, chickens, colleges, commodities, cotton, crops, dairy, education, eggs, farmers, farms, forestry, fruits, goats, grain, grain sorghum, growers, herds, higher education, honey, horticulture, livestock, milk, nuts, pecans, poultry, research, rice, soybeans, specialty crops, sweet potatoes, trees, universities, wheat
ABERDEEN — Advocates for agriculture met recently at the North Mississippi Research and Extension Center in Verona to identify priorities for research and Extension Service education programs at Mississippi State University. Scientists from the Mississippi Agricultural and Forestry Experiment Station, specialists with the MSU Extension Service and almost 250 members of the North Mississippi Producer [...] [...]
South Mississippi’s dairy farmers are seeing the best milk prices in the history of the industry, but even that might not be enough to stop the steady, massive decline in dairy operations seen in the state. “It is as bad as I’ve ever seen it,” said Alan “Pud” Stringer, who has been a dairyman in [...] [...]
ACROSS MISSISSIPPI — Many Mississippi dairy farmers are wary about 2010 after the past 18 months proved to be one of the most financially challenging periods ever for the industry. “2009 is a year most Mississippi dairy farmers would like to forget because of the huge financial hit they suffered as the price they were [...] [...]
WASHINGTON — The U.S. Department of Agriculture (USDA) has implemented the new Dairy Economic Loss Assistance Payment (DELAP) program. The 2010 Agricultural Appropriations Bill authorized $290 million for loss assistance payments to eligible dairy producers. Milk prices declined substantially through early-to-mid-2009, with the national price for milk averaging $16.80 per hundredweight (cwt.) in the fourth [...] [...]
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