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Tag Archives: market

FNC index shows U.S. home prices still rising

OXFORD — FNC’s latest Residential Price Index (RPI) indicates that U.S. residential property values continue to gain traction amid signs of slower economic growth and a stagnant labor market. Home prices rose again in June for the fourth consecutive month. Nationwide, June home prices — based on recorded sales of non-distressed properties (existing and new homes) in the 100 largest ...

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Sanderson Farms sees profitable third quarter

LAUREL — Sanderson Farms Inc. reported net income of $28.7 million for its fiscal third quarter, a turnaround from a loss a year ago, as improved market conditions boosted revenue 22 percent. The results beat Wall Street expectations, and its shares jumped almost 6 percent in premarket trading. The Laurel, Miss.-based chicken producer cautioned that while market conditions improved during ...

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Solid prices, beetles prompting timber owners to harvest

ACROSS MISSISSIPPI — Landowners debating the timing for their next timber sale should send trees to the market sooner, rather than later. James Henderson, assistant forestry professor with Mississippi State University’s Extension Service, said increases in housing starts are contributing to gradual timber price improvements, but better reasons to harvest could be related to insects and taxes. “Southern pine beetle ...

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Extension: Watermelon crop good for consumers and farmers

ACROSS MISSISSIPPI — As summer temperatures soar into the triple digits, Mississippi’s sweet watermelon crop is satisfying both growers and consumers, according to the Mississippi State University Extension Service. “Everyone wants watermelon — from the beginning of harvest in June right up until the Fourth of July, when demand peaks for holiday picnics,” said Rick Snyder, a vegetable specialist with ...

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New farmers market deemed successful; another may be opening

PASCAGOULA and OXFORD — A new farmers market here is drawing positive reviews by vendors and buyers. The Mississippi Press reports the Pascagoula Farmers Market at Victory Lot is enjoying a steady stream of customers and that vendors report good sales. The market opened for the first time June 16, and is scheduled for Wednesdays and Saturdays from 7 a.m. ...

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FNC: U.S. home prices continue to weaken

OXFORD — FNC Inc.’s latest Residential Price Index (RPI) indicates that October U.S. home prices continued to weaken at a modest pace despite recent positive home-sales data. The trend is a reminder that the housing market remains constrained by weak economic fundamentals and the overhang of distressed properties, FNC reports. October marks the third month of continued price declines and ...

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A winning hand

State winning during tough times as reacting to market is paying dividends The recent announcement that the American Contract Bridge League was moving its headquarters from Memphis to Horn Lake gives a good example of how far-reaching, and how successful, the state’s efforts have been of late in recruiting and/or retaining jobs during the current recession. The League’s relocation will ...

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