by Associated Press Published: April 30,2013
Tags: Automotive, demand, economic development, employ, employee, employer, employment, job, job creation, manufacture, manufacturer, manufacturing, market, plant, tire, vehicle, work, worker
WEST POINT — Executives with Yokohama Rubber Co. Ltd. say they will build a new tire plant in Mississippi because they see a global supply shortage for tires. State and company officials gathered Monday at the Ritz Theater & Conference Center in West Point to celebrate the company’s plans to build a factory. Later, Gov. [...] [...]
by MBJ Staff Published: April 23,2013
Tags: agriculture, Chicken, competition, farm, farmer, farming, feed, feed cost, food, input cost, market, overhead, poultry, producer
ACROSS MISSISSIPPI — The impact of last year’s drought on feed costs is not the only challenge poultry growers face in 2013. Production costs, expansion issues, waste regulations, competition from other meat sources and the next grain crop are major factors impacting the poultry industry this year. “Some of the corn produced last year had [...] [...]
by Associated Press Published: April 1,2013
Tags: agriculture, earnings, egg, food, manufacture, manufacturer, market, net income, poultry, publicly traded company, revenue, sales
JACKSON — Cal-Maine Foods Inc. said today that its fiscal third-quarter net income climbed 17 percent, bolstered by increased selling prices and improved sales of specialty eggs. For the period ended March 2, the egg producer earned $30.6 million, or $1.27 per share. That compares with earnings of $26.1 million, or $1.09 per share, a [...] [...]
by MBJ Staff Published: March 29,2013
Tags: acreage, agriculture, corn, cotton, demand, farm, farmer, farming, market, planting, row crop
ACROSS MISSISSIPPI — Corn is the anticipated biggest winner and cotton the biggest loser as Mississippi producers shuffle commodity acres to take advantage of market conditions. The U.S. Department of Agriculture released its prospective plantings report March 28. In it, the state’s corn acreage is predicted to reach 1.05 million acres, a 28 percent increase [...] [...]
by MBJ Staff Published: March 15,2013
Tags: demand, forclosure, home, home prices, house, housing, market, mortgage, mortgage technology, property, property vaslues, real estate, recession, residential real estate, supply
OXFORD – The latest FNC Residential Price Index (RPI) indicates that U.S. property values continued to recover through January — the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing recovery is increasingly widespread, according to the Oxford-based mortgage technology [...] [...]
by MBJ Staff Published: February 22,2013
Tags: Chicken, costs, food, loss, market, poultry, price, processor, publicly traded company, revenue, sales
LAUREL — Sanderson Farms Inc. reports net sales for the first quarter of fiscal 2013 were $595.8 million, compared with $517.8 million for the same period a year ago. For the quarter, the poultry company had a net loss of $6.9 million, or $0.31 per share, compared with a net loss of $8.0 million, or $0.36 [...] [...]
by MBJ Staff Published: February 12,2013
Tags: agricultural, agriculture, demand, farm, farmer, farming, food, horticulture, international trade, leume, market, peanut, row crop
ACROSS MISSISSIPPI — Mississippi producers expect peanuts to remain a strong commodity in years to come with a steady global demand and new marketing opportunities. “The demand for peanuts will stay in place because of global economics and population,” said Mike Phillips, plant and soil sciences department head at Mississippi State University. “International markets rely [...] [...]
by Associated Press Published: January 21,2013
Tags: agency, federal government, food, foreign, global, import, importer, importing, international, market, seafood, shrimp, subsidize, subsidy, trade
GULF OF MEXICO — The U.S. Commerce Department says it is investigating subsidies in seven nations for frozen warmwater shrimp. Gulf of Mexico shrimp processors had asked for the investigation of subsidized imports from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam. “We continue to believe that the long-term survival of the entire Gulf shrimp [...] [...]
by Associated Press Published: January 21,2013
Tags: agriculture, commodity, community development, construction, county government, economic development, farm, farmer, farming, horticulture, market, produce, producer, sale, sell
CORINTH — Alcorn County is getting a year-round farmer’s market. The board of the Fulton Drive farmer’s market, where a covered shed is soon to be constructed, has set up operating rules for the site. The Daily Corinthian reports the decision to move to a 12-month market reflects increasing availability of some crops. “We do [...] [...]
by MBJ Staff Published: January 14,2013
Tags: demand, home, homeowner, house, index, market, mortgage, price, property, real estate, residence, resident, residential, supply, value
OXFORD — The latest FNC Residential Price Index (RPI) shows that the recovery of U.S. property values has continued through November — the ninth consecutive month of price gains driven largely by rising homes sales and moderate economic growth. An imbalance between rising demand and limited supply continues to be an important factor for sustained [...] [...]
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