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Tag Archives: market

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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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. ...

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Farmers looking for repeat of last year's success

Coming off of a solid year in 2013, Mississippi farmers are planning their planting around market potential. “Prices are driving growers’ planting decisions,” said Brian Williams, an agricultural economist with the Mississippi State University Extension Service. “Mississippi corn is trading about $2.50 per bushel lower than a year ago, while Mississippi soybean prices are slightly higher than a year ago.” ...

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Rice crop overcomes early weather challenges

ACROSS MISSISSIPPI — After a late start for the planting season raised fears that a hot August could damage the crop, Mississippi’s rice has yielded a high-quality harvest. The Oct. 20 U.S. Department of Agriculture crop progress and condition report indicated the state’s rice crop was 96 percent harvested. The crop’s quality was rated as 50 percent good and 25 ...

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Sorghum crop late, but yields looking okay

ACROSS MISSISSIPPI — Mississippi’s farmers showed their ability to adapt when wet spring weather forced many of them to change their planting intentions from corn, cotton and soybeans to late-planted grain sorghum. “This year it rained from about March 25 through mid-May, which had a huge impact on delaying planting and actually switching crop intentions,” said Erick Larson, state corn ...

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