MISSISSIPPI STATE -- Depressed cattle prices are having a similar effect on producers. As prices reach their lowest levels since January 1987, most market watchers expect little relief until the national herd size starts decreasing around 1997.
Dr. Charlie Forrest, extension agricultural economist at Mississippi State University, said prices for the best 400 to 500 pound steers averaged in the low $70s per hundredweight during May. May 1995 prices are about 20 percent below year-ago figures.
By Bethany Waldrop Keiper
MISSISSIPPI STATE -- As state cotton growers keep an eye on rising cotton prices and river levels, they are planning strategies to battle insect pest attacks on the crop.
December futures currently are trading in the 82-cent to 83- cent range and have reached life-of-contract highs in the past week.
Dr. Bob Williams, interim state program leader for agriculture and natural resources at Mississippi State University, said several factors have boosted prices.
VERONA, Miss. -- Spring rains have given all Mississippi farmers a challenge to overcome. But untimely rains causing a poor quality crop could mean a loss of profits for growers and costly supplements for livestock owners next winter.
Timing is important in hay production -- from fertilizing before moderate rainfall to cutting when the crop is mature to harvesting before rains reduce nutrients.
Dr. Pat Bagley, head of the North Mississippi Research and Extension Center in Verona, said rains are making the first cutting of hay a challenge.
MISSISSIPPI STATE -- Rains and cool temperatures have delayed plantings for some Mississippi crops. Soybean growers, who have turned to earlier planting in recent years, may not have the luxury to take full advantage of this opportunity if conditions continue.
STARKVILLE -- Cotton prices are on the rise, even if the Midsouth crop is not. Rains and cooler than normal weather are delaying the planting and growth of Mississippi's 1995 cotton.
Dr. O.A. Cleveland, extension marketing specialist at Mississippi State University, said December futures, which
represent this spring's plantings, posted a life-of-contract high of more than 82 cents on May 3. Prices are about 15 cents higher than this time last year.
MISSISSIPPI STATE -- Planting season is well underway, and Mississippi's weather conditions in 1995 have been among the best in recent years.
"The best thing this year is that the river hasn't been the problem it was in the last couple of years," said Don Bales, Wilkinson County agent. "The bottomland (near the river) is in good shape except for some cotton acres that had to be replanted after a heavy rain around April 11."
MISSISSIPPI STATE -- An untimely freeze in leading wheat-producing states and ideal weather in Mississippi are encouraging signs for the state's wheat growers.
Recent rains provided about 1 to 3 inches of rain to help the wheat crop toward harvest near June 1. With little to zero disease problems thus far, growers will watch extra closely after the rains and hope for drying conditions.
MISSISSIPPI STATE -- Economists with the U.S. Department of Agriculture announced their crop predictions Friday in the planting intentions report, but Mother Nature and farmers will get the final word.
Dr. Alan Blaine, extension agronomist at Mississippi State University, said although there were no major surprises in the acreage estimates, actual plantings will hinge on the weather.
"Weather always influences crop acreages. Delayed plantings because of rain will force farmers to second choice crops with later planting dates," Blaine said.