by MBJ Staff Published: February 28,2012
Tags: agriculture, chickens, earnings, feed, food, food processing, food processor, investing, investment, investors, loss, manufacturer, manufacturing, market prices, poultry, profit, publicly traded company, revenues, sales
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 [...] [...]
by Associated Press Published: December 27,2011
Tags: agriculture, commodities, cotton, crop, farmers, farms, market prices, planting, planting intentions, row crops
ACROSS MISSISSIPPI — Although Mississippi’s cotton acreage rebounded somewhat in 2011, Staplcotn’s Hank Reichle is expecting Delta farmers to plant less of the fiber in 2012 in response to lower prices. Reichle, vice president of export sales for the Greenwood-based cotton-marketing cooperative, said farmers are not glued to any one crop. “Producers have diversified. They [...] [...]
ACROSS MISSISSIPPI — Catfish producers who are coping with record-high feed costs know that the strong market prices may not last much longer. Jimmy Avery, aquaculture leader with the Mississippi State University Extension Service, said years of pond acreage reductions are driving fish prices up. Unfortunately, the cost of producers’ biggest expense, feed, is also [...] [...]
WASHINGTON — U.S. Department of Agriculture officials need to develop recommendations to help livestock producers in Mississippi, especially poultry farmers, reverse declining markets. Sen. Thad Cochran (R-Miss.) is a member of the Senate Agriculture, Nutrition and Forestry Committee that conducted a hearing on the “State of Livestock in America.” Cochran used the hearing to highlight [...] [...]
GULF OF MEXICO — Mississippi officials say early results from the opening of the brown shrimp season are pointing to a good season, but shrimpers are grumbling about prices they are getting for what they say are too small shrimp. Traci Floyd, director of the state Department of Marine Resources Shrimp and Crab Bureau, says [...] [...]
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