Home » Tag Archives: market

Tag Archives: market

PHIL HARDWICK: Business success is about what the market wants

You’ve heard it before. Find what you are passionate about and open your own business. Don’t just work at a job. The problem with that message is twofold: (1) what you’re passionate about might not be what you’re good at and (2) what you want might not be what the market wants. Television commercials toss these messages at us regularly, ...

Read More »

Wheat survives fall drought, but faces spring freeze and bleak market

By LINDA BREAZEALE Despite almost everything working against this year’s winter wheat, benefits remain on the fields growers managed to plant after last fall’s drought. Brian Williams, an agricultural economist with the Mississippi State University Extension Service, said the 2016-17 season makes four consecutive years of reduced wheat acres. “The state’s farmers planted about 60,000 acres of wheat late last ...

Read More »

Energy stocks lead an early decline on Wall Street

U.S. stocks are mostly lower in morning trading, led by energy companies as the price of oil drops. Hotel operators Starwood and Marriott are sliding after Anbang Insurance, the Chinese company that sought to buy Starwood, walked away from its offer. KEEPING SCORE: The Dow Jones industrial average was little changed at 17,688 as of 10:20 a.m. Eastern time. The ...

Read More »

Hay to be in short supply due to weather, insect predation

ACROSS MISSISSIPPI — High demand for hay last winter, a wet spring and heavy insect pressure have all challenged the state’s pastureland, which means hay may be scarce this winter. Rocky Lemus, forage specialist with the Mississippi State University Extension Service, said these factors pushed the state’s hay inventories 20 percent lower than the three-year average. “The state had about ...

Read More »

Is cotton looking too good? Farmers facing weaker prices

ACROSS MISSISSIPPI — Cotton is looking good across the state as bolls open and harvest nears, but increased cotton acreage planted across the country means lower prices on this year’s crop. In its Aug. 24 report, the U.S. Department of Agriculture estimated 17 percent of Mississippi’s cotton is in excellent condition and 54 percent in good condition. Nearly all the ...

Read More »

Corn growers watch bear market eat profits

ACROSS MISSISSIPPI — Who knew Mississippi corn growers should worry about bears? The bears are not in the fields eating the crop; they are in the market, eating the profits. When economists refer to a bear market, they are talking about declining stock prices over a prolonged period, usually a 20 percent or larger decline. Brian Williams, agricultural economist with ...

Read More »

Cotton acreage expected to soar 40% over 2013

ACROSS MISSISSIPPI — The state’s cotton producers remain optimistic about a crop that is up significantly in acreage despite frequent planting delays. The state is expected to plant about 400,000 acres of cotton in 2014, about 40 percent more than last year. The U.S. Department of Agriculture reported on June 15 that cotton was 98 percent planted. USDA rated 65 ...

Read More »

Report: State ranks third in U.S. in negative-equity homes

IRVINE, Calif — CoreLogic has released new analysis showing more than 300,000 homes returned to positive equity in the first quarter of 2014, bringing the total number of mortgaged residential properties with equity to more than 43 million. The CoreLogic analysis indicates that approximately 6.3 million homes, or 12.7 percent of all residential properties with a mortgage, were still in ...

Read More »

Sawtimber, pulpwood markets improving, but challenges remain

ACROSS MISSISSIPPI — Markets for Mississippi’s sawtimber and pulpwood are bouncing back from the economic recession, but the industry is not improving across the board. “Slowly but surely, markets for sawtimber are beginning to grow again after the sharp declines seen after the collapse of the U.S. housing market and the ensuing recession,” said James Henderson, associate Extension professor of ...

Read More »

Farmers expected to plant more cotton and beans, less corn

ACROSS MISSISSIPPI  — With corn prices down, Mississippi farmers are likely to plant more cotton than 2013’s record low acreage. But soybeans are still king, with almost as many acres expected to be planted than all other crops combined. Those are the findings of the U.S. Department of Agriculture’s survey of what the state’s farmers plan to plant this year. ...

Read More »