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Agribusiness

Ruling the roost

Poultry holds on to top spot, but issues remain It looks as if poultry will easily hold on to the top spot among the state’s agriculture commodities as the industry’s value in 2010 is expected to show another increase — 8 percent compared to 2009. This would mark the 14th consecutive year that poultry ranks first among the state’s agriculture ...

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Cal-Maine sees sales rise, earnings fall

JACKSON — Cal-Maine Foods Inc., for the second quarter ended Nov. 27, 2010, saw net sales of $234.5 million, compared with net sales of $229.2 million for the same quarter of fiscal 2010. The company reported net income of $15.2 million, or $0.64 per basic share, compared with net income of $16.1 million, or $0.68 per basic share, for the ...

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Fins, bolls rebound

Catfish and cotton show new life While most producers enjoyed a bounce-back year in 2010, two commodities that many had given up for dead enjoyed Lazarus-like resurrections. Mississippi’s catfish industry has been on a downward spiral for years. High input costs, rising foreign competition and other factors have driven many out of aquaculture. That attrition led to an increase in the ...

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Nowhere to go but up

Farmers enjoy record-setting year in 2010 Compared to the disaster that was 2009, this year was a banner one for Mississippi’s agriculture community. In the end, there was nowhere to go but up. Still, the estimated total production value for the state’s crops set a new record in 2010, and some commodities posted their best season in years, especially catfish ...

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IHL: Unemployment slowing economic recovery

JACKSON — The Jan. 2011 issue of the “Mississippi Economic Review and Outlook,” published by the Center for Policy Research and Planning of the Institutions of Higher Learning (IHL), is now available online at www.mississippi.edu/URC. This issue presents the state economic forecast for 2011 to 2015, and includes detailed employment forecasts by sector. Regional, national and international developments impacting the ...

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MSU merging departments in cost-cutting move

STARKVILLE — Mississippi State University is merging the Department of Biochemistry and Molecular Biology and the Department of Entomology and Plant Pathology to promote cost savings and further strengthen research efforts. The faculty-led Select Committee on Efficiencies and Innovations made the department merger recommendation after consulting with departmental faculty from both units. “Each department has a strong research program,” said ...

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Sanderson sets new annual sales record of $1.9B

LAUREL — Sanderson Farms Inc. saw net sales for the fourth quarter of fiscal 2010 of $529.1 million, compared with $469 million for the same period a year ago For the quarter, the company reported net income of $47.8 million, or $2.08 per share, compared with $19.8 million, or $0.95 per share for the fourth quarter of fiscal 2009. Net ...

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Scientists develop new wood-based products

STARKVILLE — Mississippi State University scientists have found a new way to turn wood into highly absorbent charcoal and automobile parts. While wood has been used to manufacture charcoal since the early 1600s, the new technique can create charcoal and other carbon-based products with a higher absorption capacity. Charcoal has been used widely to treat water and clean up chemicals, ...

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Researchers: Grow oysters in suspended bags

BATON ROUGE, La. — LSU and Auburn University researchers say a new approach to growing oysters – in mesh bags strung between posts – could boost harvests and create jobs. The “long-line system” is used to grow oysters commercially in Australia and now it is being used at the Fisheries Research Laboratory in Grand Isle. John Supan, an oyster expert ...

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US sweet potato farmers look to European market

RALEIGH, N.C. — With U.S. consumption growing slowly, farmers have found a market for the vitamin-packed, cholesterol-free sweet potato on the tables of health-conscious Europeans. Between 2005 and 2009, the value of U.S. sweet potato exports more than doubled to $51.4 million, with much of that growth coming from Europe, especially Great Britain. The value of exports to the United ...

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