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Tag Archives: chickens

Sanderson Farms fiscal performance takes hit from wobbly market

Sanderson-Farms

By JACK WEATHERLY The outbreak of avian flu and other factors cut deeply into Sanderson Farms’ profits in the third fiscal quarter, the Laurel-based poultry producer and processor  said in a release on Tuesday. Net sales were $740 million for the fiscal third quarter, down from $768 million a year earlier. Net income fell  to $50.9 million, or $2.27 a ...

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Mississippi officials brace for possibilty of carriers of avian flu

Avian-Flu

Mississippi officials are bracing for the possibility that the state’s poultry industry may be struck by the avian flu later this year, according to a news release from Mississippi State University. Tom Tabler, poultry specialist with the MSU Extension Service, said no new reports of highly pathogenic H5N2 avian influenza have occurred in the United States since June 17 because ...

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Analysis: Cal-Maine ranks at top of public firms in state

largeeggs

By JACK WEATHERLY  Cal-Maine Foods is the top-ranking public company based in Mississippi, according to an analysis by SmartAsset.com The nation’s largest producer of in-shell eggs registered a 19.82 percent average annual return from 2010 through March 31 of this year, SmartAsset reported. It’s return was actually not as high as Callon Petroleum’s 33.07 percent, but its stock performance index ...

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Cal-Maine, DOJ announce settlement of water pollution issue

EDWARDS — Mississippi-based egg producer Cal-Maine will bring a facility in Edwards into compliance with its state-issued water discharge permit. The settlement was announced Monday by the company and the Department of Justice. The Justice Department says in a news release that Cal-Maine will pay a $475,000 penalty to be split evenly between the U.S. and Mississippi. Cal-Maine had been ...

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Sanderson Farms gets back in black

LAUREL — Sanderson Farms Inc. has reported results for its second fiscal quarter and six months ended April 30, 2012. Net sales for the second quarter were $595.0 million, compared with $479.3 million for the same period a year ago. Net income was $23.9 million, or $1.04 per share, compared with a net loss of $16.3 million, or $0.74 per share, for the second quarter of ...

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Cal-Maine strikes joint venture with Eggland's Best, Land O' Lakes

JACKSON — Cal-Maine Foods Inc. has formed a new joint venture between Eggland’s Best Inc., a New Jersey-based egg cooperative, and Land O’ Lakes Inc., a national farmer-owned cooperative based in Minnesota, to produce and sell branded specialty eggs. Pursuant to the terms of the transaction, Eggland’s Best has contributed certain assets, including its trademarks, into a new limited liability ...

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Three men accused of cheating on Russian poultry exports

PASCAGOULA — Three men have pleaded not guilty to conspiring to falsify the temperatures of poultry exported to Russia from Pascagoula in 2009. The Sun Herald reports Terry White of Ocean Springs, Gerald Miller of Gautier and Patrick McClain of Pascagoula are free on unsecured bonds of $25,000 to await trial in U.S. District Court. They are tentatively set for ...

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Senators want challenge to proposed Mexican duties on U.S. poultry

WASHINGTON — U.S. Senators Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) are encouraging U.S. trade representative Ron Kirk to challenge new duties proposed by Mexico on imported U.S. poultry. Cochran and Wicker are among 16 Senators who last week sent a letter to Kirk that states the lawmakers’ concern with antidumping charges levied by Mexico on U.S. poultry, specifically chicken ...

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Sanderson Farms is country's third largest poultry producer

High feed prices and a decline in demand led to 2011 being one of the most challenging years Joe F. Sanderson Jr., 65, has seen in the 42 years he has worked at Sanderson Farms. So you might think that Sanderson would have thoughts of retirement on his mind. Instead, Sanderson is buoyed by news that Sanderson Farms recently climbed ...

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Ag commodities groups identify priorites for research, education

ABERDEEN — Advocates for agriculture met recently at the North Mississippi Research and Extension Center in Verona to identify priorities for research and Extension Service education programs at Mississippi State University. Scientists from the Mississippi Agricultural and Forestry Experiment Station, specialists with the MSU Extension Service and almost 250 members of the North Mississippi Producer Advisory Council spent the day ...

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