Mississippi Cattlemen's Association April 27, 2015
 
 
 
 
MS Gelbvieh Field Day
The Mississippi Gelbvieh Association will host their annual Field Day May 16 at Smith Gelbvieh Farms in Morton, MS. A junior program will begin at 10 a.m. followed by lunch then an afternoon program for the adults. For more information click HERE.
 
 
 
 






Cattle Market Notes
Dr. John Michael Riley
Week Ending April 24, 2015

Cash
Cash traded fed cattle finished the week lower. The five-area fed steer price ended the week at $158.91 for live sales, and $252.14 for dressed; respectively, down $3.80 and $3.82. Cash trades in the Southern Plains (TX & KS) were reported at $158 live on Wednesday. Nebraska trades ranged from $253 early to $260 later in the week, dressed, while live sales came in at $160-$160.50 on Thursday. Western Cornbelt trade was $158-$160, live, and $250-$260, dressed, rising as the week progressed.
Feeder cattle were lower and calf prices were mostly steady this week. In Mississippi auction markets, feeder steers were $5-$15 lower and steer calves were $7 to $20 lower. Heifers in Mississippi were steady to $15 lower. Oklahoma City feeder steers and heifers sold steady to $4 lower, while calves were steady.

Futures
Cattle futures ended the week higher by the end of the week, when compared to last Friday’s close. The week started in a dismal way as the steep losses from last Friday carried into the early week trade. Reports of strong international beef trade (coupled with a weaker U.S. dollar) helped push prices higher. Most notably, though, continued reports of Avian Influenza H5N2 (bird flu) hit the headlines early in the week as outbreaks in Iowa and Minnesota were reported. This has a two fold gain for beef markets. Consumer concerns of food safety could shift purchases to beef and the potential supply shock may increase broiler prices longer term. … Look for this exuberance to be squashed as markets open Monday. Friday afternoon (after futures markets closed) the USDA, NASS released their monthly Cattle on Feed report. The report was quite bearish as feedlot placements during March soared, much higher than anyone anticipated. This left feedlot inventories higher as well. The bulk of the gains in feeder placement stemmed from heavy weight placements, so look for near term live cattle futures to be most pressured, but all cattle futures will likely suffer. For more on the report, CLICK HERE.
Corn futures were lower this week. Early week support was noticed following the release of USDA’s weekly Crop Progress report. Southeastern states are lagging in getting the crop planted (most notably Missouri and Kentucky — if you want to consider MO a “southeastern state”!). Northern and Eastern Cornbelt states are still in decent shape with planting progress. Prices dropped on Thursday and Friday with many grain market analysts attributing the drop to bird flu’s potential to reduce feed demand.

Beef
Wholesale boxed beef prices were mostly steady but the spread between Choice and Select carcasses did push a tad higher. Choice boxes averaged $259.20, up $0.18. Select boxes ended the week with an average of $249.99, down $0.36.
 
 
 
 
Alumni Block & Bridle/Judging Team Meeting
The MSU Livestock Judging Team will be recognizing both the 2014 and 2015 teams at its spring banquet on May 2 at 1:00 p.m. in the Bost Conference Center on campus. The program will include a social with refreshments which will serve as a “meet and greet” between current judging teams and alumni present for the Annual Judging Team Alumni/Block and Bridle meeting that will coincide. The alumni meeting will follow recognition of current teams. These events will be preceded by the South Farm Field Day which is scheduled from 9-12 with a meal at noon. Plan to spend the day in Starkville and enjoy the MSU vs. LSU baseball game which will begin at 3:00 p.m. Please RSVP to Brett Crow, Judging Team Coach, at 662-325-5208 or brett.crow@msstate.edu.
 
 
 
 
 
Dietary Guidelines
On February 19, the 2015 Dietary Guidelines Advisory Committee report was made available to the public.
Though mentioned in a footnote, the report excluded "lean meats" from a healthful dietary pattern.
Excluding "lean meats" from a healthy dietary pattern is inconsistent from the 2010 Dietary Guidelines and the 2015 Advisory Committee’s discussions.
The Committee included recommendations on topics outside nutrition and health including sustainability, which is outside their purview and expertise.
The public comment period ends May 8, 2015. NCBA has requested for the comment period of 45 days to be extended to 120 days.
 
 
 
 
 
Youth Judging Camp
Mississippi State University will be hosting livestock judging camps on campus this summer.  Participants will judge sheep, meat goats, hogs and beef cattle and develop oral reasons.  A “day camp” will take place June 6 for both coaches and youth ages 9-13 as well as more in-depth camps May 24-26 and June 30-July 2 for youth ages 14 and older.  The postmark deadline for the two earlier camps is May 10.  June 1 serves as the deadline for the final camp.  More information can be obtained by contacting Brett Crow, MSU Livestock Judging Team Coach, at brett.crow@msstate.edu or (662) 325-5208. 
 
 
 
 
 
Beef Improvement Federation
Make plans to attend 2015 Beef Improvement Federation Meeting June 9 to 12 in Biloxi, MS. The event will be held at the Beau Rivage Hotel and Convention Center. For meeting schedule and additional information.
 
 
 
 
 
Making Tracks
MJCA members are invited to attend the Wax Junior Leadership Camp June 22 - 24 at Mississippi State University.
 
 
 
 
 
One small change in your diet can make a big difference in the way you feel. Join the 30 Day Protein Challenge and you’ll receive daily emails with goals, tips and inspiration to keep you on track. Sign up now.
 
 
 
 
 
Tell Your Checkoff Story
Share your ROI story each week from March 16 to May 10 for a chance to win weekly prizes. If you're selected as one of the eight finalists, you get the opportunity to share your ROI story in a video that you create for a chance to win a Yamaha® Viking EPS 4x4 loaded with accessories (Valued at $21,728). Visit the MyBeefCheckoff Facebook page for more details.
 
 
 
 
 
Want a great BEEF meal tonight?

  • Total Recipe Time: 35 to 40 minutes
  • Makes 4 servings
 
 
 
 
 
Join or Renew Online!
Did you know you can now pay your MCA dues online? It's a fast and convenient way to pay your membership!
 
 
 
 


May
2  South Farm Field Day,
    Starkville 
2  Block & Bridle Judging
    Team Alumni Reunion,
    Starkville
7  Stone CCA
15 Alfalfa Field Day,
     Starkville, MS
16 MS Gelbvieh Field Day,
     Morton
 16  Bull Test on Forage
       Field Day, Tylertown
21  Wayne CCA
21  Webster CCA
 
 
 
 
Allied Industry Members
 
 
 
 
Mississippi Cattlemen's Association • 680 Monroe St. Suite A • Jackson, MS 39202
 
 
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