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Agribusiness

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 ...

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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 ...

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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 ...

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Cal-Maine plans to buy Florida-based egg producer

MBJ Staff Jackson-based Cal-Maine Foods, Inc. announced it has signed a letter of intent to acquire substantially all of the assets of Foodonics International Inc. and its related entities doing business as Dixie Egg Co. The assets to be acquired include commercial egg production and processing facilities with capacity for approximately 1.6 million laying hens and related feed production, milling ...

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Cal-Maine 4th quarter sales down 24.8 pct.; net loss $376,000

By JACK WEATHERLY Cal-Maine Foods Inc.’s sales for the fourth quarter of fiscal 2016 were $303 million, a 24.8 percent decrease compared with $403.0 million for the fourth quarter of fiscal 2015. The company reported a net loss of $376,000, or 1 cent per share, for the fourth quarter of fiscal 2016, compared with net income of $46.1 million, or 95 cents ...

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Catfish production holds steady as demand stays high

As demand for catfish remains high, the only components of its production trending down this year in Mississippi are pond acreage and the price of feed. Producers are receiving an average of $1.12 to $1.21 per pound of catfish and paying less than $380 for a ton of feed. To Jimmy Avery, Extension aquaculture professor at the Mississippi State University ...

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International trade program connects Extension to China

BEIJING, China — Expanding Mississippi agriculture requires getting to know potential markets, and a group of Mississippi State University Extension agents is seeing one of the largest in the world firsthand. A tour of Shanghai, Beijing and the Shandong Province is the last in a three-step international trade training program. In November, agents learned the basic principles of international trade. ...

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State’s produce offers new value to gleaners

An organization ready to harvest and distribute quality food to the hungry always looks for new farms to glean and more hands to help with the work. The Mississippi Gleaning Network exists to link agricultural endeavors with organizations that distribute food to the needy. It is operated under the Society of St. Andrew, a Christian nonprofit, nationwide organization that supplies ...

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Support for repealing USDA inspection of catfish imports gaining strength

By JACK WEATHERLY Legislation that could have an immense impact on America’s catfish industry has gained strong support in the U.S. House. One hundred and eighty members of the House have signed a letter that has been sent to  House leadership calling for taking up a measure to halt the U.S. Department of Agriculture inspection of imported catfish. Among the ...

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2016 season began with small shrimp, low prices

Selling directly to the public takes longer, but it allows fishermen to make some profit from a shrimp season that has been below average so far this year in Mississippi. Dave Burrage, commercial and recreational fisheries specialist with the Mississippi State University Extension Service, said shrimp landed in Mississippi have been small through mid-June. “Shrimp season opened June 6, and ...

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