Agriculture Archive

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.

Annual Rice Expo Set Friday in Stuttgart

by Lance Turner 7/30/2014 09:15 am

Cooking demonstrations, a rice recipe contest, field tours, kids' activities and other events are planned at Friday's fourth annual Arkansas Rice Expo in Stuttgart.

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.