by MBJ Staff Published: July 25,2012
Tags: beef, cattle, corn, costs, drought, dry, feed, feed costs, food, forage, grass, hog, input costs, livestock, meat, pig, pork, price, severe weather, Weather
ACROSS MISSISSIPPI — Pictures of wilting corn in the Midwest may dominate the evening news, but the 2012 drought is also shrinking livestock’s profit potential nationwide. John Michael Riley, agricultural economist with Mississippi State University’s Extension Service, said the drought means livestock, dairy and aquaculture producers will continue to see higher feed prices. “Cattle will [...] [...]
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: March 26,2012
Tags: earnings, eggs, food, input costs, manufacturer, manufascturing, profits, publicly traded company, revenues, sales
JACKSON — Cal-Maine Foods Inc., the egg seller and distributor, said today that its fiscal third-quarter profit tumbled 22 percent, weighed down by rising feed costs. President and CEO Dolph Baker said in a statement that the company expects feed costs will remain very high and volatile throughout the summer due to tight supplies of [...] [...]
ACROSS MISSISSIPPI — The lower input costs of corn give it some advantages for Mississippi Delta farmers choosing between corn and cotton for 2012. Farmers will be making planting decisions through February. Jerry Singleton, an agent with the Leflore County Extension Service, tells the Greenwood Commonwealth the key for farmers is deciding which has the [...] [...]
ACROSS MISSISSIPPI — Catfish producers who are coping with record-high feed costs know that the strong market prices may not last much longer. Jimmy Avery, aquaculture leader with the Mississippi State University Extension Service, said years of pond acreage reductions are driving fish prices up. Unfortunately, the cost of producers’ biggest expense, feed, is also [...] [...]
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