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Tag Archives: soybeans

Farmers to get aid on Chinese tariff impact

By JACK WEATHERLY Willard Jacks, Mississippi representative on the American Soybean Association board, said in June regarding the looming Chinese tariff that “we’ve got a couple of months to get this resolved.” While the two countries have not resolved the issue, the United States has come up with a stopgap measure. That was announced Monday, about two months later. U.S. ...

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Agriculture a vital cog in the economy of Mississippi

By BECKY GILLETTE Mississippi is a very rural state with some of the best farmland in the world. “We live in a country where only about two percent of our population is involved in farming, and it is so often forgotten that these farms, most of which are family operated, touch the lives of every person by providing safe, affordable ...

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BILL CRAWFORD — Could tariffs, special election cause November surprises?

No surprises in the run-off elections last week with Michael Guest easily defeating Whit Hughes in the 3rd District Republican Primary run-off and David Baria coming back to defeat upstart Howard Sherman handily in the Senate Democratic Primary run-off.    Unless there are some surprises, Guest should cruise to victory and Baria should fall short in majority Republican Mississippi in November. ...

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UPDATE: Soybean prices fall as Chinese tariff approaches

By JACK WEATHERLY Mississippi farmers are waiting to see how the futures market plays out as China’s threat to place a 25 percent tariff on U.S. soybeans on July 6 approaches. It appears to be like watching a pickup plunge off a bridge in slow motion for the farmers. Since May 25, a contract for November delivery of soybeans is ...

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Soybeans to take major hit as China announces equal penalties to retaliate for US tariffs

China’s government responded quickly to U.S. President Donald Trump’s tariff hike on Chinese goods by announcing Friday it will immediately impose penalties of “equal strength” on U.S. products. The Commerce Ministry said it also was scrapping deals to buy more American farm goods and other exports as part of efforts to defuse a sprawling dispute over its trade surplus and ...

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Soybean crop starting slow across Mississippi

STARKVILLE – At about 2.2 million acres, soybeans are easily the state’s biggest row crop with a flexible planting window that puts them in the clean-up position when farmers cannot plant other crops on time. Trent Irby, soybean specialist with the Mississippi State University Extension Service, said the crop was about 60 percent planted by early May. This amount was ...

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MIKE ESPY — Ag tariffs: We should be careful what we ask for

Military wars are dangerous, expensive, and as we have seen in the decades old conflict in Afghanistan- can be quite lengthy, but in the end America will win. However, when the conflict concerns international trade, the same cannot be said, because in trade wars the outcome cannot be confidently predicted. As a unified nation, the force of our military, more ...

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Soybeans still the king on the row-crop chess board

By JACK WEATHERLY jack.weatherly@msbusiness.com Market conditions and the weather have played their role in the annual shifting of acreage devoted to row crops in Mississippi. Cotton acreage is up 26 percent from 2016. Corn is down 25 percent and rice acreage is down 38 percent. And soybeans are up 10 percent, according to the acreage report from the USDA. But ...

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Soybeans: Mississippi planting early, US could set record

A warm winter and spring have let Mississippi farmers get soybeans into the ground early, and they expect to exceed last year’s planting. About 69 percent of the crop had been planted by the end of April and 74 percent by May 7, compared to an average of 38 percent and 51 percent by those dates over the past five ...

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