Portales biofuel plant to close temporarily

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Alisa Boswell The Portales plant will be one of two Abengoa Bioenergy Corp. plants to be temporarily closed in the new year because of depressed market conditions, according to Abengoa Executive Vice President Chris Standlee. “There’s some really depressed market conditions right now, so we just made the decision to temporarily stop production and begin […]

Graduates optimistic on job prospects

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PNT file photo Fall graduation is traditionally a smaller crowd for Eastern New Mexico University and despite tough economic times, graduates said they are positive about their career prospects. Alisa Boswell Despite a tough job market, Eastern New Mexico University students graduating today said they aren’t worried about job prospects. Halee Goff, graduating with a […]

Job creation still most pressing issue for 2012

Freedom New Mexico The volatile U.S. housing market finally is going to experience a little growth, predicts Chapman University’s 34th annual economic forecast. Nationally, housing starts crashed from 1.8 million in 2006, the height of the real estate boom, to under 600,000 starts annually in 2009-11. The forecast expects a rise to 602,000 units in […]

Business digest — Oct. 4

Civic center hosting business event The Clovis Civic Center will be the site of a Thursday event for businesses. Included in the 10 a.m.-2 p.m. event are opportunities to talk to commercial lenders, workshops for businesses, access to business consultants, and other support services. The event is come-and-go, and door prizes are available. There are […]

Realtor: Area housing market still reasonably strong

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Freedom New Mexico: Argen Duncan Portales Home Spot is putting in eight duplexes at Boston and Lime streets. Company employee Troy Hinton said the housing market in the area is doing well, despite a worrisome national economy, because of growth. Argen Duncan The local housing market is slower than in the past but doing better […]

Farmers’ market sprouting

With the farmers’ market season under way, growers have less produce than usual but hope that will change. The Portales and Clovis farmers markets have been open since June. “We’re selling the little stuff,” said Margie Plummer, manager of both markets. “We don’t have a lot ready right now because of the weather.” The heat, […]

Farmers’ market vendors hope more produce coming

Argen Duncan With the farmers market season under way, growers have less produce than usual but hope that will change. The Portales and Clovis farmers markets have been open since June. “We’re selling the little stuff,” said Margie Plummer, manager of both markets. “We don’t have a lot ready right now because of the weather.” […]

Move to end ethanol tax credits overdue

Freedom New Mexico Corn ethanol not so long ago was the darling of the green movement, and Congress responded by lavishing on growers and blenders of the alternative fuel lucrative tax credits and favored tariff protections. So much for the free market. But that was then. Now, by a huge bipartisan margin, the U.S. Senate […]

Privatization boosts free market

It is strange to see how many people object to the idea of ending the government monopoly for any service or product that is even marginally now provided by government. Some people seem to really believe things can be best done by government, using coercive wealth confiscation known euphemistically as taxation and by not allowing […]

Rental market putting squeeze on tenants

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CNJ staff photo: Tony Bullocks From left to right, Christopher Smith, Thomas Farmer and Jared Gun of P&C Plumbing bed down a sewer pipe Monday on North Martin Luther King Boulevard for an apartment complex under construction. Sharna Johnson It’s a good time to be a landlord in Clovis. Tenants? Not so much. Those in […]

Commodities market risky

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Alisa Boswell: Portales News-Tribune A truck waits to be filled with grain Friday afternoon at the JD Heiskell Holdings LLC grain elevators in Portales. The market for agricultural commodities, including corn and wheat, has become volatile due to speculative trading, farmers and grain dealers said. Argen Duncan Speculation in agricultural commodities markets is causing greater […]

Ethanol subsidies test of Republicans’ resolve

Congressional Republicans face a test of their newly rediscovered principles. They can save taxpayers billions of dollars and spur the free market simply by allowing to expire at year’s end the subsidies for domestic ethanol production and tariffs on imported ethanol. We soon will know whether the GOP, re-energized by the Tea Party, lives up […]

Zia sixth-grader wins state essay contest

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Mesa sixth-grader Katie Sartz worked as the research specialist during the Stock Market Game. By Liliana Castillo: CNJ staff writer Zia Elementary School sixth-grader Katie Sartz was the essay winner for state middle schools in an extension of the Stock Market Game program. The InvestWrite program requires students to write an essay about what their […]

Press Release: NMSU hosts free farmers’ market workshop in Clovis

CLOVIS, N.M. — How does a grower take advantage of direct marketing at a farmers’ market? That question and many more will be answered at a free workshop from 8:30 a.m. to 3:30 p.m. Saturday, Feb. 27, at 818 Main Street, Clovis. The event is sponsored by the NMSU Cooperative Extension Service, the New Mexico […]

Opponents: Project would give Tres Amigas monopoly on power market

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Courtesy illustration Tres Amigas filed with the Federal Energy Regulatory Commission in December, seeking approval to charge negotiated transmission rates. By Sharna Johnson: CNJ staff writer Opponents are lining up against a proposed electric superstation in Curry County, arguing the project would give Tres Amigas a monopoly on the power market. Tres Amigas filed with […]

Health insurance not an entitlement

By Tibor Machan: Freedom New Mexico columnist I am fond of affordability. That extends to insurance.My home, car, health and sometimes travel insurance would at their best be something I can well afford. But then this is so with whatever it is that I am in the market for — shoes, food, furniture, electronics, etc. […]

Letters to the Editor: Federal market regulations needed

Federal market regulations needed Regarding your Dec. 8 editorial “Government in the way of job creation:” The writer says government does not have a clue of how the economy works and its policies keeps small business from creating jobs. This ideology says markets are always right and need no controls. The article reads, “Reduce taxes, […]

Left nor Right embracing liberty

By Tibor Machan: Freedom New Mexico columnist When those on the political Left refer to defenders of the free market system as “right wingers,” there is understandable concern about how the term is being abused. Classical liberals, the supporters of both economic and civil libertarianism, have been anything but “right wingers,” quite the opposite. In […]

Candidate’s business accused of discrimination

By Chris Schmaedeke: Freedom New Mexico The U.S. Equal Employment Opportunity Commission has filed a lawsuit against Clayton Ranch Market in Clayton.Clayton Ranch Market is owned by former District 67 State Rep. Brian Moore, who has entered the race for the Republican nomination for lieutenant governor of New Mexico. The lawsuit claims the store did […]

Slow real estate sales plague ag industry

By Argen Duncan: Freedom New Mexico Much like the rest of the country, the market for agricultural land in eastern New Mexico is lagging, say local real estate agents. Charles Bennett of United Country Vista Nueva Inc. said during economic downturns, land quits selling. Bennett said when market starts coming back, sales are so scattered […]