Posts Tagged ‘price’

Hay to be in short supply due to weather, insect predation

ACROSS MISSISSIPPI — High demand for hay last winter, a wet spring and heavy insect pressure have all challenged the state’s pastureland, which means hay may be scarce this winter. Rocky Lemus, forage specialist with the Mississippi State University Extension Service, said these factors pushed the state’s hay inventories 20 percent lower than the three-year […] [...]

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 […] [...]

ABC: Prices for construction materials show volatility

WASHINGTON — Construction materials prices expanded 0.6 percent in January and are up 1.5 percent year over year, according to the Feb. 19 producer price index released by the Department of Labor. More specifically, nonresidential construction materials prices are up 0.5 percent for the month and are 1 percent higher than the same time one […] [...]

Construction materials prices show some volatility

WASHINGTON — Construction materials prices expanded just 0.1 percent in December and are up 1.3 percent year over year, according to a Jan. 15 Producer Price Index released by the Department of Labor. Nonresidential construction materials prices also rose only 0.1 percent for the month and are 1 percent higher than the same time one […] [...]

Beach lot sales slump; average time on market grows to two years

MISSISSIPPI GULF COAST — For-sale signs sprout like flowers along beach properties in the three Coast counties. The Sun Herald reports only six residential lots and three commercial lots on the beach in Harrison County sold in the last 12 months through the Mississippi Gulf Coast Multiple Listing Service. The average time on the market […] [...]

Coast home prices reach three-year high

MISSISSIPPI GULF COAST — The average sales price of a home in South Mississippi in June reached its highest level in three years, a sign that the Coast real estate market is following the national trend upward. According to the Mississippi Gulf Coast Multiple Listing Service, homes and condos sold on average for $134,721 in […] [...]

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 […] [...]

Court to rule whether state can sue LCD screen maker

WASHINGTON — The Supreme Court will consider whether the state of Mississippi can bring a state-level lawsuit in a global LCD screen price-fixing conspiracy. The justices today agreed to hear an appeal from state officials in their lawsuit against AU Optronics Corp. A federal jury last year found the company guilty of price-fixing on its […] [...]

Bad market conditions have peanut growers exploring options

ACROSS MISSISSIPPI — A significant decline in price potential has last year’s peanut growers looking to other crops in 2013. According to the recent U.S. Department of Agriculture Prospective Plantings report, acreage is declining in every peanut-producing state except Oklahoma. Mississippi is expected to post the greatest percentage decline, down 58 percent from the previous […] [...]

Sanderson Farms sees sales rise, but posts loss

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 […] [...]

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