Mississippi’s producers know it takes more than growing a crop through to harvest to have a successful business. They must calculate risk, understand state and federal regulations, manage resources wisely, and be able to analyze growing amounts of data. Agricultural economists with the MSU Extension Service provide free tools farmers can use to determine break-even costs. They also keep Extension clients informed about commodity price fluctuations and offer insight into navigating the complexities of the Farm Bill.
STARKVILLE, Miss. -- Agriculture continues to do its part to boost Mississippi’s economy as it remains a $7 billion industry in 2017.
Agricultural economists with the Mississippi State University Extension Service released year-end estimates Dec. 19 on the value of state crops. The top two agricultural commodities are still poultry at $2.8 billion, an increase of 13 percent, and forestry at $1.4 billion, a decline of 8 percent.
“Early expectations are for good reports in most commodities for 2017,” said Brian Williams, Extension agricultural economist. “Poultry, overall crops and livestock totals should all improve over the 2016 values. The exceptions are forestry, catfish and some individual commodities.”
STARKVILLE, Miss. -- The poultry industry is the giant in the state’s agricultural economy, as its estimated 2017 production value of $2.8 billion nearly doubles the value of forestry.
Early figures from the Mississippi State University Extension Service show the industry grew at an estimated 13.4 percent from the 2016 value. Brian Williams, Extension agricultural economist, said higher broiler prices are responsible for the value increase.
STARKVILLE, Miss. -- The 2017 production value of Mississippi’s four largest row crops is forecasted to outperform the previous year by more than 7 percent.
Brian Williams, agricultural economist with the Mississippi State University Extension Service, predicted the combined value of soybeans, cotton, corn and rice will be nearly $2.1 billion this year. The total projected value for all agronomic crops is $2.5 billion, which would be a 6.4 percent increase over the $2.4 billion value reached in 2016.
STARKVILLE, Miss. -- The Mississippi State University Extension Service will host a workshop designed to deliver food science, economics and business expertise to producers.
Anyone who operates or is interested in operating a farm or any other agriculture-based food business can attend the Food as a Business for Producers workshop in the Bost Conference Center auditorium at Mississippi State University in Starkville on Jan. 24, 2018.
STARKVILLE, Miss.—J. Christopher “Chris” Giancarlo, chairman of the U.S. Commodity Futures Trading Commission, is visiting Mississippi State University this week to learn more about the land-grant university’s expertise in agricultural fields and interact with MSU students.
Charlie Thornton, legislative affairs director for the Commodity Futures Trading Commission, is joining Giancarlo on the trip. The visitors spent part of the week touring agricultural facilities, including MSU’s Delta Research and Extension Center in the Mississippi Delta, before coming to Starkville Tuesday [Dec. 5] and meeting with MSU President Mark E. Keenum and other university leaders.