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Tag Archives: agribusiness

Tuesday’s Board of Trade: Grain higher, livestock mixed

Grain futures were higher Tuesday in early trading on the Chicago Board of Trade. Wheat for December delivery was 3 cents higher $3.9220 a bushel; December corn was up 2.20 cents at $3.5160 bushel; March oats was 1.60 cents higher at $2.15 a bushel while January soybeans gained 9.40 cents to $10.53 a bushel. Beef lower and pork prices were ...

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Drought threatens planting of Mississippi’s wheat crop

By JACK WEATHERLY Farmers have been waiting out the drought to plant their wheat. And if there is not substantial rain in the next month, there’s a good chance there won’t be a crop this year. That’s according to Dr. Erick Larson, grain crops specialist at Mississippi State University. “If we don’t get the moisture … we can’t grow the ...

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Deep South drought kills crops, threatens herds, dries lakes

Six months into a deepening drought, the weather is killing crops, threatening cattle and sinking lakes to their lowest levels in years across much of the South. The very worst conditions — what forecasters call “exceptional drought” — are in the mountains of northeast Alabama and northwest Georgia, a region known for its thick green forests, waterfalls and red clay ...

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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 ...

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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 ...

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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 ...

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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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