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Agribusiness

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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Rice crop is well underway in state

It was clear by early June that spring’s wet, cool weather caused few issues for Mississippi’s rice crop, as growers got it planted on time and the emerged crop  looks good overall. The U.S. Department of Agriculture estimated that as of June 5, the crop was 99 percent planted and 97 percent emerged. Of that acreage, 78 percent was in ...

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Fate of imported catfish inspections rests in the House

By JACK WEATHERLY  In the past decade, the U.S. catfish industry has been stood on its head. In 2006, domestic producers had two-thirds of the market. Imports were the other third. Now it’s the reverse, as importers account for more than 70 percent of the market. Hopes were raised when the U.S. industry succeeded in getting the 2008 and 2014 ...

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Senate votes to scrap catfish inspection program

WASHINGTON — The Senate has voted to scrap a new catfish inspection program that critics have argued is wasteful and unnecessary. The recent vote came just after President Barack Obama visited Vietnam, a major exporter of catfish to the United States that has criticized the program. The Senate has approved by 55-43 a resolution that would void the regulations, if the House agrees and Obama ...

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