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Tag Archives: price

FNC index shows continuing rise in U.S. home prices

OXFORD — The latest FNC Residential Price Index (RPI) shows that the recovery of U.S. property values has continued through November — the ninth consecutive month of price gains driven largely by rising homes sales and moderate economic growth. An imbalance between rising demand and limited supply continues to be an important factor for sustained price momentum. While signs of ...

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Shrimpers petition for relief from subsidized imports

GULF OF MEXICO — Shrimpers have filed petitions with the federal government seeking relief from subsidized shrimp imports. The move came several weeks after Gulf of Mexico shrimpers hailed a House bill that included a provision to increase U.S. Customs and Border Protection’s powers to combat illegal imports. The Coalition of Gulf Shrimp Industries filed the petitions, which seek “countervailing ...

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State's pecan growers smiling over price, demand

ACROSS MISSISSIPPI — With prices and demand for the state’s pecans high, this year’s predicted average to above-average yield is good news for growers. The U.S. Department of Agriculture estimates the 2012 crop will yield 2.5 million pounds of pecans. While this yield is down significantly from the 5 million pounds harvested in 2011, it is more in line with ...

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Consumers could be in line for e-books settlement

ACROSS MISSISSIPPI — Officials say they’re sending out notices to Mississippi residents who might have overpaid for e-books and are eligible for a share of a nationwide settlement. Attorney General Jim Hood says the state is getting $407,823 of the $69 million settlement with publishers Hachette, HarperCollins and Simon & Shuster. Officials say the money will be paid to consumers ...

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Federal appeals panel to weigh LCD price-fixing lawsuit

NEW ORLEANS — A federal appeals panel will decide whether a Mississippi or federal court has jurisdiction over a lawsuit alleging price fixing by manufacturers of liquid crystal display screens. A panel of the 5th U.S. Circuit Court of Appeals has scheduled oral argument in New Orleans for Oct. 5. Mississippi Attorney General Jim Hood sued several major suppliers of ...

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State's rice crop in; could approach yield record set in 2007

ACROSS MISSISSIPPI — Mississippi producers have the bulk of the state’s rice crop safely in storage, and yields may approach the record set in 2007 of 160 bushels an acre. Nathan Buehring, rice specialist with the Mississippi State University Extension Service, said September’s weather was nearly ideal for rice harvest. “Isaac slowed us down and put a little bit of ...

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Study finds Jackson has lowest commercial real estate cost

JACKSON — The Building Owners and Managers Association (BOMA) International, using the results from the 2012 Experience Exchange Report (EER), has compiled a list of the most and least expensive commercial real estate city-markets in the United States. The annual report aggregates rental income and operating expense figures from the previous year; in 2011, data was gathered from more than ...

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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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Catfish farmers feeling impact of drought

AROUND MISSISSIPPI — Mississippians do not have to look far to see the impact of the Midwest’s historic drought, as the state’s catfish farmers already feel the pinch of sky-high feed costs. “There was a window last fall when some farmers were able to book feed at $380 per ton,” said Jimmy Avery, Mississippi State University Extension aquaculture specialist and ...

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