Agriculture Archive

Tyson Foods 3Q Profit Climbs 4.4 Percent, Will Sell Chicken Business in Brazil, Mexico

by Marty Cook 7/28/2014 07:22 am

Tyson Foods Inc. of Springdale, reporting a record third-quarter profit and the sale of new stock and other equity, also said it is selling poultry operations in Brazil and Mexico in order to help pay for its acquisition of Hillshire Brands Co. of Chicago.

Arkansas Business Presents the 2014 Power List

by Gwen Moritz 7/28/2014 12:00 am

Arkansas Business introduced “The Power List” in 2006, and after updating it annually for a few years, we decided to spread it out. That means there have been a lot of changes in 20 industries and professions since our last installment in 2011, so we've been doing a lot of rounding up of resumes and photos in the last few weeks.

A Closer Look: Arkansas Unemployment and Employment

by Arkansas Business Staff 7/28/2014 12:00 am

The unemployment rate in Arkansas fell in June to 6.2 percent, but the number of people employed “continues to be a source of concern,” state economic forecaster Michael Pakko noted recently.

Groups See Competitive Threat In Tyson Foods' Deal for Hillshire

by Marty Cook 7/25/2014 01:20 pm

A coalition of 82 farm, consumer and community groups urged the U.S. Justice Department to extend its antitrust division's review of Tyson Foods Inc.'s $8.55 billion deal to acquire Hillshire Brands Co. of Chicago.

Top Brands Fuel Tyson's Biggest Play

by Marty Cook 7/21/2014 12:00 am

Tyson officially began the process of buying Hillshire Brands Co. of Chicago on Wednesday, according to a filing with the Securities & Exchange Commission. For Tyson executives, though, the chance to acquire Hillshire's enviable top-rated brands was irresistible.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world's largest company continue to dominate Arkansas Business' annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Proposal Would Raise Arkansas' Minimum Wage Rate

by Arkansas Business Staff 7/21/2014 12:00 am

Arkansas' minimum wage of $6.25 an hour, which applies to all employers with four or more employees, is one of only four state minimums that remain below the federal wage of $7.25 hourly.

Carrington Complex Draws $21.5 Million Transaction (Real Deals)

by George Waldon 7/21/2014 12:00 am

A 202-unit apartment complex in west Little Rock weighed in at $21.5 million, and a 1,209-SF bank branch in west Little Rock is under new ownership after a $1.22 million sale.

Lessons Learned (Editorial)

by Arkansas Business Editors 7/21/2014 12:00 am

One of our best additions to the pages of Arkansas Business in our redesign three years ago has turned out to be the weekly Executive Q&A. It's a good way of getting new voices into the paper, voices largely unfiltered by editors because the Q&As are usually done via email and we publish the answers largely as written (though sometimes abbreviated because of space constraints).

Deltic Timber's Ray Dillon on Staying Smart When Branching Out

by Arkansas Business Staff 7/21/2014 12:00 am

Ray Dillon, who has led Deltic Timber Corp. of El Dorado since July 1, 2003, also works with both industry trade associations and community-oriented nonprofit organizations.

Michael Kidd Named Poultry Federation's Industry Leader of the Year

by Arkansas Business Staff 7/17/2014 11:22 am

Michael Kidd, director of the Center of Excellence for Poultry Science and head of the Department of Poultry Science in the Dale Bumpers College of Agricultural, Food and Life Sciences at the University of Arkansas, has been named the 2014 Industry Leader of the Year by The Poultry Federation.

Arkansan Dow Brantley Elected Chairman of USA Rice Federation

by Jan Cottingham 7/15/2014 03:23 pm

Dow Brantley, chairman of the Arkansas Rice Federation and a prominent Arkansas farmer, has been elected chairman of the USA Rice Federation.

Geovanni Leiva Brings Family Coffee from Guatemala to Leiva's Coffee in Sherwood

by Brandon Riddle 7/14/2014 12:00 am

Leiva's Coffee of Sherwood is brewing up a philosophy of generosity, combining homegrown coffee with a belief in helping the less fortunate. The way to accomplish this: offering coffee bean growers a greater percentage of profits to allow for reinvestment in underserved communities.

Wine Permit for Sassafras Springs Tops Grapevine of Beer & Wine Updates

by Arkansas Business Staff 7/14/2014 12:00 am

Sassafras Springs Vineyard in Springdale, owned by Gene Long and his wife, Cheryl, has been open since April 1, but it finally received its wine manufacturing permit from the state in May, though it isn't likely to start producing until the end of the year, Long said.

Population Rises in U.S. Poverty Areas, Arkansas Up Nearly 15 Percent

by Arkansas Business Staff 7/14/2014 12:00 am

One in four residents of the United States live in “poverty areas,” according to federal data. That's an increase from less than one in five in 2000.

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.

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.