Mississippi Business Journal » dairy

Egg company closes on Maxim acquisition in Texas

MBJ Staff — Mon, 19 Nov 2012 17:46:50 +0000

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 [...]

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Cal-Maine’s profits soar; Baker replacing Adams as chairman

Associated Press — Mon, 30 Jul 2012 15:17:14 +0000

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 [...]

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Cal-Maine Foods buying facilities in Texas from Pilgrim’s Pride

MBJ Staff — Thu, 19 Jul 2012 11:28:07 +0000

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 [...]

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Rising cattle prices raise rustler worries

Ted Carter — Mon, 25 Jun 2012 06:01:31 +0000

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 [...]

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Dairy farmers rocked by weak prices, escalating input costs

MBJ Staff — Wed, 13 Jun 2012 01:09:12 +0000

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 [...]

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Cal-Maine strikes joint venture with Eggland’s Best, Land O’ Lakes

MBJ Staff — Tue, 01 May 2012 19:43:38 +0000

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, [...]

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Ag commodities groups identify priorites for research, education

MBJ Staff — Wed, 07 Mar 2012 12:50:25 +0000

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 [...]

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‘Paying for the privilege to milk’

Wally Northway — Sun, 26 Jun 2011 06:00:15 +0000

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 [...]

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Dairy farmers wary following ‘sour’ year

Wally Northway — Tue, 29 Jun 2010 10:55:50 +0000

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 [...]

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Dairy farmers getting federal aid

Wally Northway — Tue, 29 Dec 2009 16:56:05 +0000

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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