Agriculture Archive

Ranchers Taking Advantage of USDA Disaster Program

by Associated Press 7/10/2014 01:20 pm

Farmers and ranchers who suffered heavy livestock and grazing losses over the last three years due to extreme weather have been quick to take advantage of newly available disaster relief funds, the U.S. Department of Agriculture said Wednesday.

Federal Disaster Aid Sought for Arkansas Counties

by Associated Press 7/10/2014 01:18 pm

Members of Arkansas' congressional delegation are asking the U.S. Department of Agriculture for federal disaster assistance for farmers and ranchers affected by flooding.

Little Rock Zone MSAs See Modest Growth

by Arkansas Business Staff 7/7/2014 12:00 am

Employment grew modestly in the first quarter of 2014 in the Little Rock zone, according to the Federal Reserve Bank of St. Louis. The Little Rock zone includes all of Arkansas except the northeast.

Illinois Company Sour Over Fayetteville Distributor's Lack of Sugar Rush

by Arkansas Business Staff 7/7/2014 12:00 am

An Illinois company that was expecting nearly 35 million pounds of sugar by the end of 2015 was shocked when the Fayetteville supplier canceled the contract in April.

No Daily Report, E-newsletters on Friday

by Arkansas Business Staff 7/3/2014 10:01 am

Arkansas Business will not send the Daily Report or weekly industry e-newsletters on Friday, the Fourth of July. Arkansas Business Publishing Group offices will be closed Friday as well, reopening on Monday. ABPG wishes everyone a happy Fourth.

Tyson Foods Moving Forward with Hillshire Deal

by Marty Cook 7/2/2014 09:34 am

Tyson Foods Inc. of Springdale announced Wednesday it had signed a definitive deal to purchase Hillshire Brands Co. of Chicago for approximately $8.55 billion.

Survey: Midwest Economy Growing

by Associated Press 7/1/2014 09:23 am

The economy in nine Midwestern and Plains states including Arkansas should continue growing steadily in the months ahead, according to a monthly survey of business leaders released Tuesday.

Pinnacle Foods Scraps Sale Plans, Freeing Tyson to Acquire Hillshire

by Associated Press 6/30/2014 04:43 pm

Hillshire Brands Co. agreed to buy Pinnacle Foods for $4.23 billion in May. But Tyson and Pilgrim's Pride went after Hillshire two weeks later, and on June 9, Hillshire accepted Tyson's $7.75 billion offer.

Heavy Rains Flood East Arkansas Crop Lands

by Associated Press 6/30/2014 03:36 pm

Heavy weekend rains left many farmers in east Arkansas with flooded fields, and the water is so deep in places the ground won't dry out soon enough for them to replant.

NLR Acreage Acquisition Approaches $2.7 Million (Real Deals)

by George Waldon 6/30/2014 12:00 am

More than 420 acres on the eastern edge of North Little Rock changed hands in a transaction valued at $2.69 million. The sale of two Citgo convenience stores added up to a $1.4 million combo deal. And a 7,460-SF industrial project in North Little Rock changed hands in a $450,000 sale.

Revised Figures Show Improved Rate for Arkansas Growth

by Arkansas Business Staff 6/30/2014 12:00 am

A government report earlier this month on gross domestic product included revised figures that affected data on Arkansas' growth rate back to 1997, according to Michael Pakko, the state economic forecaster.

Ending Hunger Will Require Compromise (Jo Luck Commentary)

by Jo Luck 6/30/2014 12:00 am

After more than two decades working alongside sustainable development experts at Heifer International, I am confident that world hunger can be eliminated with the appropriate approach and collaboration.

Grain Futures, Livestock Rise Higher on Chicago Board

by Associated Press 6/26/2014 02:47 pm

Grain futures were higher Thursday on the Chicago Board of Trade. Beef and pork were higher on the Chicago Mercantile Exchange.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

GDP in U.S. Grows 1.8% in 2013, Arkansas Sees 2.4% Rise

by Arkansas Business Staff 6/23/2014 12:00 am

Real gross domestic product grew 1.8 percent in the United States last year, a slowdown when compared with 2012, when GDP rose 2.5 percent.

Arkansas Business Presents the 40 Under Forty Class of 2014

by Gwen Moritz 6/23/2014 12:00 am

This week, Arkansas Business presents its 21st class of 40 Under 40 honorees. This year's honorees represent our state's geography — Pine Bluff, England, Jonesboro, Conway, Fort Smith, Rogers — and the diversity of our business community — farming, finance, medicine, academia, nonprofits.

Pay Tops $1 Million For Seven on Highest-paid Nonprofit Employees List

by Gwen Moritz 6/16/2014 12:00 am

Seven nonprofit employees in Arkansas who earned more than $1 million in the 2012 tax year are either medical doctors or hospital administrators, as are the vast majority of the 262 nonprofit employees whose compensation exceeding $215,000 is reported in this issue.

Jerry Bullard Named CEO of First Financial Bank of El Dorado

by Arkansas Business Staff 6/12/2014 10:03 am

Jerry Bullard, COO of First Financial Bank of El Dorado, has succeeded Steve Cameron as CEO of the lender, the bank said Thursday.

Tyson Foods Would Boost Prepared Foods in $8.5B Hillshire Deal

by Lance Turner 6/9/2014 11:32 am

Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer. Both Tyson and Pilgrim's Pride had been bidding of Hillshire. Pilgrim's Pride says it is withdrawing its offer.

Southwind Milling Co. to Build Rice Mill at Pine Bluff Port

by Arkansas Business Staff 6/2/2014 01:48 pm

Optimum Group says it will build a rice mill at 4215 Emmett Sanders Road at the Port of Pine Bluff. The plant, which will employ 25, will be running by February.