Posts Tagged ‘market’

Is cotton looking too good? Farmers facing weaker prices

ACROSS MISSISSIPPI — Cotton is looking good across the state as bolls open and harvest nears, but increased cotton acreage planted across the country means lower prices on this year’s crop. In its Aug. 24 report, the U.S. Department of Agriculture estimated 17 percent of Mississippi’s cotton is in excellent condition and 54 percent in […] [...]

Corn growers watch bear market eat profits

ACROSS MISSISSIPPI — Who knew Mississippi corn growers should worry about bears? The bears are not in the fields eating the crop; they are in the market, eating the profits. When economists refer to a bear market, they are talking about declining stock prices over a prolonged period, usually a 20 percent or larger decline. […] [...]

Cotton acreage expected to soar 40% over 2013

ACROSS MISSISSIPPI — The state’s cotton producers remain optimistic about a crop that is up significantly in acreage despite frequent planting delays. The state is expected to plant about 400,000 acres of cotton in 2014, about 40 percent more than last year. The U.S. Department of Agriculture reported on June 15 that cotton was 98 […] [...]

Report: State ranks third in U.S. in negative-equity homes

IRVINE, Calif — CoreLogic has released new analysis showing more than 300,000 homes returned to positive equity in the first quarter of 2014, bringing the total number of mortgaged residential properties with equity to more than 43 million. The CoreLogic analysis indicates that approximately 6.3 million homes, or 12.7 percent of all residential properties with […] [...]

Sawtimber, pulpwood markets improving, but challenges remain

ACROSS MISSISSIPPI — Markets for Mississippi’s sawtimber and pulpwood are bouncing back from the economic recession, but the industry is not improving across the board. “Slowly but surely, markets for sawtimber are beginning to grow again after the sharp declines seen after the collapse of the U.S. housing market and the ensuing recession,” said James […] [...]

Farmers expected to plant more cotton and beans, less corn

ACROSS MISSISSIPPI  — With corn prices down, Mississippi farmers are likely to plant more cotton than 2013′s record low acreage. But soybeans are still king, with almost as many acres expected to be planted than all other crops combined. Those are the findings of the U.S. Department of Agriculture’s survey of what the state’s farmers […] [...]

Rice crop overcomes early weather challenges

ACROSS MISSISSIPPI — After a late start for the planting season raised fears that a hot August could damage the crop, Mississippi’s rice has yielded a high-quality harvest. The Oct. 20 U.S. Department of Agriculture crop progress and condition report indicated the state’s rice crop was 96 percent harvested. The crop’s quality was rated as […] [...]

Sorghum crop late, but yields looking okay

ACROSS MISSISSIPPI — Mississippi’s farmers showed their ability to adapt when wet spring weather forced many of them to change their planting intentions from corn, cotton and soybeans to late-planted grain sorghum. “This year it rained from about March 25 through mid-May, which had a huge impact on delaying planting and actually switching crop intentions,” […] [...]

Hosemann recruiting Realtors to market tax-forfeited property

JACKSON — Secretary of State Delbert Hosemann is partnering with licensed real estate brokers in Mississippi to actively market tax-forfeited properties in the State. “If you want property sold in Mississippi, you sell through a licensed Realtor,” says Hosemann. “The growing number of tax-forfeited properties in our state is an epidemic, and I can think of […] [...]

Realtors report better prices, sales in metro Jackson

JACKSON — The housing market is looking up in central Mississippi. The Clarion-Ledger reports that statistics from the Jackson Association of Realtors show higher prices and faster sales than a year ago. Board president Dorothy Thompson says people finally seem convinced they’ve survived the worst of the recession and can again make big-ticket purchases. The […] [...]

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