Posts Tagged ‘farm’

Sales down, but net income up at Sanderson Farms

LAUREL — Sanderson Farms Inc. has released results for the first quarter of fiscal 2014 ended Jan. 31. Net sales were $584.9 million, compared with $595.8 million for the same period a year ago. For the quarter, Sanderson reported net income of $28.9 million, or $1.25 per share, compared with a net loss of $6.9 […] [...]

Wholesale bank reports record earnings — again

AUSTIN, Texas — Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale bank that provides funding for rural retail lenders, has released preliminary unaudited financial highlights and results for the year ended Dec. 31, 2013, reporting record earnings for the eighth consecutive year. The Austin-based bank reported $179.8 million in net income in 2013, a 3.0 […] [...]

Lab gives chicken farmers a break, lowers fees

STARKVILLE — The more than 2,000 chicken growers in Mississippi can now save money on an annual test required to meet federal and state regulations and keep their samples in the state. The Mississippi State Chemical Laboratory has lowered its fee for testing chicken litter to $35 to be more in line with fees charged […] [...]

Cattle rustling investigation leads to arrests; Hyde-Smith pushes branding

PICKENS — The Mississippi Agricultural and Livestock Theft Bureau (MALTB), the law enforcement division of the Mississippi Department of Agriculture and Commerce, has arrested two individuals for livestock theft. The Bureau anticipates additional arrests and charges to be forthcoming in the future. Lead MALTB investigator Mike McGowan, with assistance from the Holmes and Yazoo County […] [...]

Bank cooperative sees record earnings — again

AUSTIN, Texas — Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale bank that provides funding for rural retail lenders, has released preliminary unaudited financial highlights and results for the year ended Dec. 31, 2013, reporting record earnings for the eighth consecutive year. The Austin-based bank reported $179.8 million in net income in 2013, a 3.0 […] [...]

OSHA backs off regulations on small farms’ grain storage

WASHINGTON, D.C. – U.S. Sens. Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) are pleased that small family-owned farms will not be subjected to unlawful scrutiny by the Occupational Safety and Health Administration. Under pressure from Cochran, Wicker and other lawmakers in the Senate and House, OSHA has agreed to withdraw its 2011 guidance memorandum on […] [...]

CHS issues $433M in cash distributions to members

by MBJ Staff Published: February 13,2014

Tags: agriculture, cash distribution, CHS Inc., cooperative, farm, farmer, farming, net income, patronage, rancher

ACROSS MISSISSIPPI — Farmers, ranchers and cooperatives across the United States will share in an estimated $433 million cash distribution from CHS Inc., a St. Paul, Minn.-based energy, grains and foods company and agricultural co-op. The distribution is the second largest in CHS history. The 2014 cash return to owners is based on CHS net […] [...]

Sale of Junior Champions draws thousands of animals

JACKSON — Young Mississippians took approximately 3,000 animals to Jackson to show at the Dixie National Livestock Show, but only 44 animals were judged worthy of competing in the annual Sale of Junior Champions. Mikayla Shelton is one of hundreds of Mississippi youth who groom their goats, lambs, steers and hogs all year long in […] [...]

Senate passes Farm Bill; heads to Obama’s desk

WASHINGTON — After three years of work, a Farm Bill is now on its way to President Obama for his signature. The Senate passed the Agricultural Act of 2014 yesterday by a margin of 68-32. Both of Mississippi’s senators — Sen. Thad Cochran and Sen. Roger Wicker — voted in favor of the bill. “Speaking for […] [...]

U.S. Senate to vote on 2014 Farm Bill today

WASHINGTON — The U.S. Senate cleared a procedural hurdle yesterday and voted to proceed to consideration of the 2014 Farm Bill, paving the way for a final vote on the measure tomorrow. Cloture was invoked with bipartisan support of 72-22. Sen. Debbie Stabenow (D-Mich.), chairwoman of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, […] [...]

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