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Weekly Livestock Comments March 8, 2013

FED CATTLE: Fed cattle sold mainly steady compared to last week. Prices on a live basis were primarily $127 to $128 while dressed prices ranged from $203 to $204. The 5-area weighted average prices thru Thursday were $127.72 live, down $0.12 from last week and $203.26 dressed, down $0.04 from a week ago. A year [...]

Weekly Crop Comments March 8, 2013

Price Change US Dollar 82.78 +0.41 Crude 91.78 +1.10 Dow 14,397 +307 Cotton and soybean prices are up while corn and wheat prices are down for the week. The Dow Jones closes out the week at an all-time high. The jobs report released today was favorable with unemployment dropping from 7.9% to 7.7%.USDA released their [...]

Tennessee Education Continues To Improve

Tennessee Education Continues To Improve

Civic Enterprises, a public policy firm based in Washington D.C., this week announced that Tennessee schools have made the largest gains in the entire nation with regard to high school graduation rates. Between 2002 and 2010, the statewide high school graduation rate rose over 20 percentage points to an overall rate of 80.4%. Over the [...]

Corker Calls for New Approach to Counter North Korean Threat

Corker Calls for New Approach to Counter North Korean Threat

In Thursday’s hearing to examine U.S. policy toward North Korea, U.S. Senator Bob Corker, R-Tenn., ranking member of the Senate Foreign Relations Committee, noted the failure of decades of U.S. attempts to convince North Korea to abandon its nuclear program and urged the U.S. to consider a new approach to counter the North Korean threat, [...]

New Market Man Shot By FBI Suspected Part of International Child Pornography Ring

New Market Man Shot By FBI Suspected Part of International Child Pornography Ring

A local man died on Wednesday morning as a result of shooting incident involving the Federal Bureau of Investigation. According to information provided by the FBI, agents were attempting to execute a search and arrest warrant when the incident occurred. Federal agents were attempting to arrest the subject for the distribution and possession of child [...]

TDOT Conducts Emergency Pothole Repairs I-40 Jefferson County

TDOT Conducts Emergency Pothole Repairs I-40 Jefferson County

The Tennessee Department of Transportation is conducting emergency pothole repairs between Interstate mile markers 410-412 in Jefferson County. According to TDOT spokesman Mark Nagi, TDOT is using a process known as continuous patching to address a progressive problem of pot holes in the area. TDOT is employing the more extensive process, which requires milling of [...]

Anti-Income Tax Amendment Sails Through Committee

Anti-Income Tax Amendment Sails Through Committee

A constitutional amendment designed to clarify that Tennessee’s Constitution prohibits an income and payroll tax easily passed the House State Government committee this week. The amendment, Senate Joint Resolution 1, specifies that the legislature as well as Tennessee counties and cities shall be prohibited from passing either an income tax or payroll tax, which is a tax on [...]

State Library and Archives to Host “Chronicles of the Cumberland Settlements” Workshop

State Library and Archives to Host “Chronicles of the Cumberland Settlements” Workshop

As the 1700s drew to a close, the Revolutionary War was over, but life was far from peaceful in places like Tennessee’s Cumberland Valley. Settlers in the region fought against various Native American tribes, haggled with North Carolina over territory and wrangled with the Spaniards over control of the area’s waterways. That period in Tennessee’s [...]

Jefferson County Residents Encounter Saturn

Jefferson County Residents Encounter Saturn

Jefferson County residents encountered Saturn, the most recent Winter storm, as it clipped the area on the way to the East Coast.  Regionally, Jefferson and Sevier Counties appeared to be some of the hardest hit as the cold air and moisture collided, producing more than just a dusting of snow and providing local students with [...]

Corker Statement on Death of Venezuelan President Hugo Chavez

Corker Statement on Death of Venezuelan President Hugo Chavez

U.S. Senator Bob Corker, R-Tenn., ranking member of the Senate Foreign Relations Committee, today made the following statement on the death of Venezuelan President Hugo Chavez. “Following the death of Hugo Chavez, it is my hope that all Venezuelans will have the opportunity to fully exercise their political rights, including freedom of expression and assembly, [...]

Dandridge Board of Mayor and Aldermen Worksession

Dandridge Board of Mayor and Aldermen Worksession

The Dandridge Board of Mayor and Aldermen met on Tuesday, March 5, 2013 in a Work Session that followed a two hour introductory meeting to preview the upcoming Budget. The Council agreed to Roll a Proposed Ordinance Creating Regulations for the Preservation of Certain Properties on the National Register of Historic Places and /or Structures [...]

UT forms community advisory council for proposed gas and oil research initiative

The University of Tennessee Institute of Agriculture has formed a volunteer advisory council of local and statewide representatives for its proposed gas and oil research initiative. The initiative calls for the study of environmental and other risk factors related to oil and gas development on the UT Forest Resources AgResearch and Education Center Cumberland Forest [...]

Commissioner Hagerty Addresses East TN Megasite During TN State House Budget Hearings

Commissioner Hagerty Addresses East TN Megasite During TN State House Budget Hearings

The Jefferson County Budget Committee is heading into the Budgeting season for the 2013-2014 fiscal year. In addition to the usual requests that are presented to the Budget Committee, EDOC by way of the Industrial Development Board is expected to request nearly $2 million additional dollars to continue the certification process for the proposed Megasite. [...]

Gun Owner’s Rights Fears Driving Increase in Handgun Carry Permits

Gun Owner’s Rights Fears Driving Increase in Handgun Carry Permits

The State of Tennessee House and Senate have passed the Guns in Trunks bill and it is on the way to the Governor’s desk for his signature. The issue of gun rights has been a concern across the Nation and, especially, in Tennessee. Jefferson County Representative Jeremy Faison sponsored the Guns in Trunks bill in [...]

Car Bomb Kills 42 in Karachi Pakistan, Injures 145

Car Bomb Kills 42 in Karachi Pakistan, Injures 145

A massive car bomb rocked the city of Karachi, Pakistan, killing 42 people and injuring as many as 145 more. The bomb was centered around a truck parked in an area mostly populated by Shiite Muslims, who appear to be the target of the attack. According to local authorities, the truck was loaded with 150 [...]

Corker Says Fannie & Freddie Income Must Be Used to Repay Taxpayers, Reform Housing Finance

Corker Says Fannie & Freddie Income Must Be Used to Repay Taxpayers, Reform Housing Finance

In response to reports of increased income at mortgage finance agencies Fannie Mae and Freddie Mac, U.S. Senator Bob Corker, R-Tenn., member of the Senate Banking, Housing, and Urban Affairs committee, today said these profits must be used to repay taxpayers and reform our housing finance system after years of government dominance. “It’s great that [...]