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Tag Archives: market

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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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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