Mississippi Business Journal » price

Bad market conditions have peanut growers exploring options

MBJ Staff — Mon, 08 Apr 2013 12:32:51 +0000

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 [...]

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Sanderson Farms sees sales rise, but posts loss

MBJ Staff — Fri, 22 Feb 2013 14:23:52 +0000

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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FNC index shows continuing rise in U.S. home prices

MBJ Staff — Mon, 14 Jan 2013 15:36:42 +0000

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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Shrimpers petition for relief from subsidized imports

Associated Press — Wed, 02 Jan 2013 16:25:45 +0000

GULF OF MEXICO — Shrimpers have filed petitions with the federal government seeking relief from subsidized shrimp imports. The move came several weeks after Gulf of Mexico shrimpers hailed a House bill that included a provision to increase U.S. Customs and Border Protection’s powers to combat illegal imports. The Coalition of Gulf Shrimp Industries filed [...]

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State’s pecan growers smiling over price, demand

MBJ Staff — Wed, 24 Oct 2012 17:23:36 +0000

ACROSS MISSISSIPPI — With prices and demand for the state’s pecans high, this year’s predicted average to above-average yield is good news for growers. The U.S. Department of Agriculture estimates the 2012 crop will yield 2.5 million pounds of pecans. While this yield is down significantly from the 5 million pounds harvested in 2011, it [...]

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Consumers could be in line for e-books settlement

Associated Press — Thu, 18 Oct 2012 19:27:44 +0000

ACROSS MISSISSIPPI — Officials say they’re sending out notices to Mississippi residents who might have overpaid for e-books and are eligible for a share of a nationwide settlement. Attorney General Jim Hood says the state is getting $407,823 of the $69 million settlement with publishers Hachette, HarperCollins and Simon & Shuster. Officials say the money [...]

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Federal appeals panel to weigh LCD price-fixing lawsuit

Associated Press — Mon, 24 Sep 2012 12:12:34 +0000

NEW ORLEANS — A federal appeals panel will decide whether a Mississippi or federal court has jurisdiction over a lawsuit alleging price fixing by manufacturers of liquid crystal display screens. A panel of the 5th U.S. Circuit Court of Appeals has scheduled oral argument in New Orleans for Oct. 5. Mississippi Attorney General Jim Hood [...]

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State’s rice crop in; could approach yield record set in 2007

MBJ Staff — Mon, 24 Sep 2012 11:23:52 +0000

ACROSS MISSISSIPPI — Mississippi producers have the bulk of the state’s rice crop safely in storage, and yields may approach the record set in 2007 of 160 bushels an acre. Nathan Buehring, rice specialist with the Mississippi State University Extension Service, said September’s weather was nearly ideal for rice harvest. “Isaac slowed us down and [...]

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Study finds Jackson has lowest commercial real estate cost

MBJ Staff — Thu, 30 Aug 2012 23:15:52 +0000

JACKSON — The Building Owners and Managers Association (BOMA) International, using the results from the 2012 Experience Exchange Report (EER), has compiled a list of the most and least expensive commercial real estate city-markets in the United States. The annual report aggregates rental income and operating expense figures from the previous year; in 2011, data [...]

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FNC index shows U.S. home prices still rising

MBJ Staff — Thu, 30 Aug 2012 11:48:34 +0000

OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continue to gain traction amid signs of slower economic growth and a stagnant labor market. Home prices rose again in June for the fourth consecutive month. Nationwide, June home prices — based on recorded sales of non-distressed properties (existing and new [...]

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