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Tag Archives: market

Hosemann recruiting Realtors to market tax-forfeited property

JACKSON — Secretary of State Delbert Hosemann is partnering with licensed real estate brokers in Mississippi to actively market tax-forfeited properties in the State. “If you want property sold in Mississippi, you sell through a licensed Realtor,” says Hosemann. “The growing number of tax-forfeited properties in our state is an epidemic, and I can think of no one better than a ...

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Realtors report better prices, sales in metro Jackson

JACKSON — The housing market is looking up in central Mississippi. The Clarion-Ledger reports that statistics from the Jackson Association of Realtors show higher prices and faster sales than a year ago. Board president Dorothy Thompson says people finally seem convinced they’ve survived the worst of the recession and can again make big-ticket purchases. The association covers Hinds, Madison, Rankin, ...

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Tire executives say plant needed to meet global demand

WEST POINT — Executives with Yokohama Rubber Co. Ltd. say they will build a new tire plant in Mississippi because they see a global supply shortage for tires. State and company officials gathered Monday at the Ritz Theater & Conference Center in West Point to celebrate the company’s plans to build a factory. Later, Gov. Phil Bryant and company officials ...

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Poultry producers face myriad of challenges this year

ACROSS MISSISSIPPI — The impact of last year’s drought on feed costs is not the only challenge poultry growers face in 2013. Production costs, expansion issues, waste regulations, competition from other meat sources and the next grain crop are major factors impacting the poultry industry this year. “Some of the corn produced last year had to go to ethanol, so ...

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Egg company's earnings up on better market conditions

JACKSON — Cal-Maine Foods Inc. said today that its fiscal third-quarter net income climbed 17 percent, bolstered by increased selling prices and improved sales of specialty eggs. For the period ended March 2, the egg producer earned $30.6 million, or $1.27 per share. That compares with earnings of $26.1 million, or $1.09 per share, a year earlier. Revenue rose 19 ...

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State's cotton to make more room for corn in 2013

ACROSS MISSISSIPPI — Corn is the anticipated biggest winner and cotton the biggest loser as Mississippi producers shuffle commodity acres to take advantage of market conditions. The U.S. Department of Agriculture released its prospective plantings report March 28. In it, the state’s corn acreage is predicted to reach 1.05 million acres, a 28 percent increase from the 820,000 acres planted ...

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Index: Property values continued their rebound into 2013

OXFORD – The latest FNC Residential Price Index (RPI) indicates that U.S. property values continued to recover through January — the 11th consecutive month of rising prices. Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing recovery is increasingly widespread, according to the Oxford-based mortgage technology company. A limited housing supply ...

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Sanderson Farms sees sales rise, but posts loss

LAUREL — Sanderson Farms Inc. reports net sales for the first quarter of fiscal 2013 were $595.8 million, compared with $517.8 million for the same period a year ago. For the quarter, the poultry company had a net loss of $6.9 million, or $0.31 per share, compared with a net loss of $8.0 million, or $0.36 per share, for the first ...

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State producers bullish on future of peanut crop

ACROSS MISSISSIPPI — Mississippi producers expect peanuts to remain a strong commodity in years to come with a steady global demand and new marketing opportunities. “The demand for peanuts will stay in place because of global economics and population,” said Mike Phillips, plant and soil sciences department head at Mississippi State University. “International markets rely on the United States for ...

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Federal officials investigating subsidized shrimp imports

GULF OF MEXICO — The U.S. Commerce Department says it is investigating subsidies in seven nations for frozen warmwater shrimp. Gulf of Mexico shrimp processors had asked for the investigation of subsidized imports from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam. “We continue to believe that the long-term survival of the entire Gulf shrimp community is at stake with ...

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