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Tag Archives: chickens

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

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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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Sanderson sees better quarter, but still loses $8M

LAUREL — Sanderson Farms Inc., for the first fiscal quarter ended Jan. 31, saw net sales of $517.8 million compared with $427.7 million for the same period a year ago. For the quarter, the poultry company had a net loss of $8.0 million, or $0.36 per share, compared with a net loss of $33.6 million, or $1.52 per share, for the ...

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Sanderson Farms expands, extends stock repurchase program

LAUREL — Sanderson Farms Inc.’s board of directors yesterday expanded and extended to Feb. 16, 2014, its stock repurchase program approved Oct. 22, 2009, to repurchase up to one million shares from time to time at prevailing prices in open market transactions or in negotiated purchases, subject to market conditions, share price and other considerations. The poultry company reports it ...

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