Home » NEWS » Agribusiness (page 4)

Agribusiness

Cuba opportunities, pitfalls dominate MDA trade summit

By JACK WEATHERLY The Republic of Cuba was depicted as a land of opportunity for Mississippi businesses, though with a heightened sense of risk. About 150 people attended the “Doing Business in Cuba Summit” on Thursday at the South Warehouse in Jackson. Speakers at the Mississippi Development Authority event told of a country struggling to emerge from more than a half-century ...

Read More »

Cattle prices falter despite good news

News that China is lifting a 13-year import ban on U.S. beef is not helping prices as much as some cattlemen would have hoped. Brian Williams, agricultural economist with the Mississippi State University Extension Service, said the news has not resulted in any long-term impact on cattle markets. “China was already importing beef from the U.S., primarily on the black ...

Read More »

Revolution, resolutions: addressing the Cuban situation

By JACK WEATHERLY  Several measures have been submitted to Congress in the past year that would restore trade with Cuba after 55 years of embargo after Fidel Castro led a communist overthrow of the government. Whichever, if any, that eventually becomes law would have an effect on the Magnolia State. The Mississippi Development Authority has set an Oct. 20 seminar ...

Read More »

USDA describes $328M oil spill restoration plan for Gulf

CARRIERE, Miss. — The U.S. Department of Agriculture says it’s focusing conservation programs along the Gulf of Mexico in a $328 million plan to help recovery from the 2010 oil spill. Undersecretary Robert Bonnie says the agency will use that focus through 2018 as it helps coastal producers plan improvements to improve water quality and improve coastal ecosystems under several ...

Read More »

Looking south for trade with Cuba

By JACK WEATHERLY  Mississippi is joining the hunt for “gold” in Cuba as the United States appears to be moving toward resumption of trade with the island nation 90 miles off the tip of Florida after a 55-year embargo. The nation of 11 million in so many ways is frozen in time, typified by 1950s autos that have been recycled ...

Read More »

Bayer signs deal to acquire Monsanto for $66 billion

German drug and farm chemical company Bayer AG says it has signed a deal to acquire seed and weed-killer company Monsanto for $66 billion in cash. Bayer says it is paying Monsanto shareholders $128 per share, which represents a 44 percent premium over Monsanto’s closing price on May 9, the day before a proposed deal was announced. The deal is ...

Read More »

Mississippi agriculture chief on Trump advisory committee

Mississippi Agriculture Commissioner Cindy Hyde-Smith is serving on an agriculture advisory committee for Republic presidential nominee Donald Trump. The Daily Leader reports that the 64-member committee includes chairmen of the U.S House and Senate agriculture committees, former U.S. secretaries of agriculture, current and former governors and business executives. Hyde-Smith raises beef cattle near Brookhaven. She was elected to the state ...

Read More »

AG REPORT — Good cotton crop expected despite dropped bolls

Wet, cloudy weather has put a lot of cotton bolls on the ground, but experts still expect an above average crop from Mississippi’s cotton acreage. Darrin Dodds, cotton specialist with the Mississippi State University Extension Service, said experts knew boll loss was coming after all the recent rain. “By the last week of July to early August, a lot of ...

Read More »

AG REPORT — Timely rains, few issues indicate good peanut yield

With few problems this year, Mississippi’s peanut growers should see a good crop. “Overall, peanuts are doing very well,” said Jason Sarver, Mississippi State University Extension Service peanut specialist. “Peanuts in south Mississippi received consistent rain throughout the season. We were really dry for a while across northeast Mississippi and the Delta. But between days 70 and 80, we started ...

Read More »

Banks to farmers: Be proactive in responding to falling commodity prices

By BECKY GILLETTE The agricultural economy continues to experience a downturn in which low commodity prices have reduced farm incomes, and concerns about liquidity have reached an all-time high, said Steve Apodaca, senior vice president of the American Bankers Association Center for Agricultural & Rural Banking, who spoke this week at the Mississippi Bankers Association Agriculture Conference in Jackson. With lower ...

Read More »