Agriculture Archive

Judge Orders Turner Grain Not to Dispose of Assets

by Mark Friedman 8/22/2014 03:10 pm

A Lee County Circuit judge on Wednesday ordered Turner Grain Merchandising Inc. of Brinkley and its related entities not to sell any assets that might belong to a group of farmers who sued them.

Turner Grain Officers No Longer Principals in Related Company

by Mark Friedman 8/22/2014 11:35 am

Two of the top officers at Turner Grain Merchandising Inc. of Brinkley are no longer listed as principals in a related company, according to the National Futures Association.

This Week in Tyson: EPA Investigates; Hillshire Deal Delayed Again

by Lance Turner 8/21/2014 10:41 am

The Associated Press reports that the Environmental Protection Agency has started an investigation into Tyson Foods Inc. of Springdale. In other news, Tyson has again delayed its purchase of Hillshire Brands.

8 Farmers File Fraud Lawsuit Against Turner Grain

by Mark Friedman 8/20/2014 12:50 pm

A group of farmers sue Turner Grain Merchandising Inc. for fraud, saying they haven't been paid for grains they sold to the Brinkley company. And Bruce Oakley Inc. of North Little Rock files an interpleader asking a judge to decide what to do with the $360,000 it owes Turner.

Last Chance to Nominate Candidates for Arkansas Business' 20 in Their 20s List

by Arkansas Business Staff 8/19/2014 11:42 am

Nominations are being accepted for the list of the state's most influential young professionals, "The New Influentials: 20 in Their 20s."

Bruce Oakley To Give Turner Grain Money To Judge

by Mark Friedman 8/18/2014 03:28 pm

A North Little Rock company plans to hand over money it owes Turner Grain Merchandising Inc. of Brinkley to a judge to decide how to divide it among Turner's creditors.

Turner Grain Possibly Tilting Toward Bankruptcy

by Arkansas Business Staff 8/18/2014 12:00 am

Sources say Turner Grain Merchandising Inc. of Brinkley is on the verge of filing for bankruptcy protection.

Co-op Ozark Natural Foods Preps for Whole Foods Competition in Fayetteville

by Marty Cook 8/18/2014 12:00 am

When Whole Foods announced its plans in the spring to locate a store in Fayetteville, it elicited cheers from fans of the high-end grocery store and concern from supporters of Fayetteville's own organic Ozark Natural Foods, the state's only grocery co-operative.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It's work that's “a whole lot harder” than it used to be.

Sources: Turner Grain Appears Headed to Bankruptcy, Losses in Millions

by Arkansas Business Staff 8/16/2014 06:53 pm

Our sources on the commodities beat tell us that Turner Grain Merchandising Inc. of Brinkley is on the verge of filing for bankruptcy protection. And the losses, two sources have told us, could be in the millions.

Delta Plastics: H20 Initiative Will Cut Water Use by 20 Percent in Delta Region

by Lee Hogan 8/14/2014 12:50 pm

The world's leading manufacturer of irrigation polytube, along with several agriculture leaders in the region, have lofty goals to reduce irrigation water use in the Delta region by 2020.

Blue Rooster to Open Poultry Plant in Warren, Employ 100

by Arkansas Business Staff 8/13/2014 11:30 am

A company called Blue Rooster plans to open a poultry deboning operation and employ 100 people at 110 Industrial Park Drive in Warren, the Arkansas Economic Development Commission said Wednesday.

Tyson Foods Extends Hillshire Tender Offer As Feds Seek More Deal Details

by Lance Turner 8/13/2014 08:24 am

Tyson Foods Inc. of Springdale extends its tender offer for Hillshire Brands of Chicago as the U.S. Department of Justice seeks more details on the pair's $8.5 billion merger plan. Tyson Foods' original tender offer was set to expire on July 16. It has now been extended to Aug. 19.

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

by Arkansas Business Staff 8/11/2014 12:00 am

Michael Kidd, director of the Center of Excellence for Poultry Science and head of the Department of Poultry Science at the University of Arkansas at Fayetteville, has been named the Poultry Industry Leader of the Year by The Poultry Federation, based in Little Rock. Kidd joined UA's Dale Bumpers College of Agricultural, Food & Life Sciences in 2010. He is responsible for the Center ‘s programs in poultry science and related disciplines.

Ristorante Capeo Lands A Familiar Name On Its Wine List

by Arkansas Business Staff 8/11/2014 12:00 am

After about a year of slicing through red tape, Ristorante Capeo in North Little Rock has landed wine from the Chateau Dassault winery in France. Dassault's wine is otherwise available in the United States only in New York and New Jersey.

ASTA Receives $3M Federal Grant to Reduce Crop Stress

by Mark Carter 8/5/2014 02:31 pm

The funds will be spread out over three years and used to create an interdisciplinary, state-of-the-art Bioimaging Consortium that will enable researchers to adapt food, fiber and fuel crops "to meet the challenges of a changing climate and a growing world population."

Nominate Now for Arkansas Business' CFO of the Year Awards

by Arkansas Business Staff 8/5/2014 11:28 am

Arkansas Business is searching for the state's most outstanding chief financial officers for its sixth "CFO of the Year" awards. You can nominate CFOs here.

Well-Being Report Ranks Arkansas at 41 in Child Poverty

by Arkansas Business Staff 8/4/2014 12:00 am

The poverty rate among children in Arkansas rose to 29 percent in 2012, up from 25 percent in 2005, according to the “Kids Count Data Book,” an annual report by the Annie E. Casey Foundation.

Judge Rules Allens Inc. Must Pay $2M Claim

by Mark Friedman 8/1/2014 11:35 am

A U.S. District Bankruptcy Court judge rules that the defunct Allens Inc. of Siloam Springs has to pay a claim totaling $2.25 million to D&E Farms Inc. of Spring Grove, Pennsylvania.

Agronomic Innovations Purchases AgRobotics of Little Rock

by Arkansas Business Staff 8/1/2014 10:02 am

AgRobotics co-founders Jim and Jeff Burton of Little Rock had been searching for a strategic partner to expand the market for the AutoProbe, a device that pulls 6-inch cores of soil samples from which farmers can extract accurate data.