Mississippi Business Journal » market prices

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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Sanderson sees better quarter, but still loses $8M

MBJ Staff — Tue, 28 Feb 2012 13:51:16 +0000

LAUREL — Sanderson Farms Inc., for the first fiscal quarter ended Jan. 31, saw net sales of $517.8 million compared with $427.7 million for the same period a year ago. For the quarter, the poultry company had a net loss of $8.0 million, or $0.36 per share, compared with a net loss of $33.6 million, or [...]

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Staplcotn expecting less cotton next year due weak prices

Associated Press — Tue, 27 Dec 2011 17:48:45 +0000

ACROSS MISSISSIPPI — Although Mississippi’s cotton acreage rebounded somewhat in 2011, Staplcotn’s Hank Reichle is expecting Delta farmers to plant less of the fiber in 2012 in response to lower prices. Reichle, vice president of export sales for the Greenwood-based cotton-marketing cooperative, said farmers are not glued to any one crop. “Producers have diversified. They [...]

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Catfish prices up, but for how long?

Associated Press — Wed, 19 Oct 2011 17:43:21 +0000

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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Cochran: Administration failing state’s cattlemen

For the MBJ — Wed, 29 Jun 2011 15:50:56 +0000

WASHINGTON — U.S. Department of Agriculture officials need to develop recommendations to help livestock producers in Mississippi, especially poultry farmers, reverse declining markets. Sen. Thad Cochran (R-Miss.) is a member of the Senate Agriculture, Nutrition and Forestry Committee that conducted a hearing on the “State of Livestock in America.” Cochran used the hearing to highlight [...]

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Officials, shrimpers differ on view of current season

Associated Press — Wed, 22 Jun 2011 15:51:50 +0000

GULF OF MEXICO — Mississippi officials say early results from the opening of the brown shrimp season are pointing to a good season, but shrimpers are grumbling about prices they are getting for what they say are too small shrimp. Traci Floyd, director of the state Department of Marine Resources Shrimp and Crab Bureau, says [...]

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