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Agribusiness

USDA expects record soybean crop, third-largest corn crop

With most of this year’s corn and soybeans harvested, the U.S. Department of Agriculture is boosting its expectations for the size of the crops. An update Tuesday says farmers are expected to produce a record soybean crop totaling 3.98 billion bushels, up 1 percent from last year. That’s based on 95 percent of the crop harvested. Illinois looks to remain ...

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Molpus Group buys 192,000 Louisiana acres

MBJ staff The Molpus Woodlands Group, LLC, a timberland investment management organization headquartered in Jackson, announced Monday the purchase of approximately 192,000 acres of timberland and a timber lease in southwest Louisiana. The timberland is a primarily southern pine plantation property that has been in production for decades. Molpus maintains offices in Bossier City, DeRidder and Monroe to oversee the ...

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(WITH VIDEO) Sanderson Farms extends tournament sponsorship by 10 years

JACKSON — Sanderson Farms (NASDAQ:SAFM), title sponsor of the Sanderson Farms Championship since 2013, will continue to sponsor its home state PGA TOUR tournament at The Country Club of Jackson through 2026, officials announced today at the host site. The 10-year extension takes effect once the current agreement expires following the 2016 tournament. Participating in the press conference were Joe F. Sanderson ...

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Mississippi counties on drought list grow to 48

Associated Press Farmers and ranchers in nearly 60 percent of Mississippi’s counties are now eligible for drought disaster aid, the U.S. Department of Agriculture said. In a news release Wednesday, USDA named 19 Mississippi counties as primary disaster areas, and 27 as contiguous. Eleven, including two that were not already on Mississippi’s list, are adjacent to drought disaster areas in ...

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Mississippi gets $5.1 million to preserve ag wetlands in river basin

Efforts to preserve wetlands on Mississippi farms have received a $5.1 million boost from the U.S. States Department of Agriculture as part of awards totaling $30 million to six states. Funded under the Wetland Reserve Enhancement Partnership authorized in the 2014 Farm Bill, the allocations are protecting, restoring and enhancing wetlands on private and tribal agricultural lands, The Wetland Reserve ...

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Drought burns pastures, fields, posing threat to cattle

By JACK WEATHERLY “They’re burnt slam up,” said Bill Carr of his Choctaw County pasture lands and hay fields that haven’t had a rain since late July. His tends 35 head of what he says are brangus “mama cows” and two bulls on 70 hilly acres of pasture land. They are hungry. They came up to his tractor one day ...

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Cal-Maine earnings soar but stock takes a beating

  Jack Weatherly Jackson-based Cal-Maine Foods Inc., the largest producer of in-shell fresh eggs in the United States, had a terrific fiscal first quarter, thanks to the fact that eggs sold for 65.7 percent more than they did in the year-ago quarter. Why the price spike? In two words, avian flu, which forced the destruction of 48 million chickens and ...

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MSU scientists boost recreational fishing industry

STARKVILLE — Nature offers a narrow and unpredictable window for breeding fish, and Mississippi State University scientists are studying ways to help hatcheries stock the state’s lakes. What if conditions could be controlled within hatcheries so the intense seasonal workload could be dispersed over time? This ability would be especially beneficial for the popular black, white, and hybrid triploid Magnolia crappie. In ...

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Lack of rain has growers expecting average peanuts

STARKVILLE, Miss. — Mississippi farmers planted more peanuts in response to economic factors that made the crop an attractive choice this year, but a lack of rain now has them expecting average yields. Mississippi has 42,000 acres of peanuts this year, up 45 percent from what was planted in 2014. The U.S. Department of Agriculture estimates 84 percent of the ...

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