February 8, 2016

 
 
 
 

Monday Memo

 
 
 
 

Cattle Market Notes 
Dr. Brian Williams​
Week ending February 5, 2016

Cash Cattle:
Cash traded fed cattle finished the week higher. The five-area fed steer price ended the week averaging $132.20 for live sales, and $210.00 for dressed; respectively, up $1.20 and $0.84. Total volume sold was down 33,000 head from a week ago and down 13,000 head from last year. The reduction in volume this week is a result of the blizzard that hit Colorado, Nebraska, Kansas, and Iowa earlier in the week that prevented many feeders from getting their cattle to market.
Feeder steer cattle and calves were steady to slightly lower across much of the U.S. this week. Oklahoma City feeder cattle were steady to $5 lower than a week ago for most weight classes. In Mississippi auctions, lighter weight feeders weighing 450-500 pounds were unchanged from a week ago, averaging $192.50, while heavy steers were averaging $140.00, also unchanged from last week.

Futures:
Live cattle futures and feeder futures were mixed this week. February live cattle were up $1.13 on the week and $20.10 lower than a year ago at $135.93, while April live cattle were up $0.75 from last week and down $16.95 from a year ago. Feeder cattle were lower on the week with March futures down $3.38 from last Friday and down $47.15 from a year ago at $153.00 while May futures are down $1.90 on the week. Nearby corn futures are down $0.06 from a week ago while May futures are also down $0.06.

Beef:                                                                                            
Wholesale boxed beef prices are up slightly compared to a week ago. Choice boxes averaged $221.40, up $0.44 from a week ago and $19.91 lower than a year ago. Select boxes ended the week with an average of $216.59, up $0.67 from last week. The choice-select spread narrowed from $4.81 a week ago to $4.58 this week
 
 
 
 
 

GRILLED T-BONE STEAK FOR TWO

  
Total Recipe Time: 25 to 50 minutes

Makes 2 servings
 
 
 
 
 


February
 12-13 -   MCA Convention & Dixie National Farm Expo

23 - MCA Legislative Luncheon

 
 
 
 
 
February 27, 2016
Tylertown, MS
 
 
 
 
 

MCA Online!
You can pay your MCA dues online. MCA is looking out for cattle producers in Mississippi. MCA monitors the legislative and regulatory activity in Jackson and Washington, D.C. We're working every day to influence producer legislation in a manner that benefits cattle producers. Click here to learn more.
 
 
 
 
 
Bring Your Wheels
Again this year, Merck is offering our association cash for each empty Ralgro wheel turned in before the MCA annual meeting. 
Drop your wheels by the office, give them to any association officer or bring them with you to the MCA annual meeting at the Trade Mart on February 13.
 
 
 
 
 

Convention Highlights

 
 
 
 
Make plans for you and your family to attend the 2016 MCA Convention and Dixie National Farm Expo. 
Events will kick off Friday night at 6:30 in the Trade Mart for the Cattlemen's Round Up & BBQ. This new event will have good food, games, and live music from Southern Grass. This great event for the family will also include the  Live Auction featuring items for your home and farm. 
Saturday will begin at 8:00 a.m. with the opening of the Dixie National Farm Expo featuring vendors from all aspects of agriculture. The Annual Membership Meeting will begin at 9:30 and will include an update on the long-term cattle market by Dr. Derrell Peel, Extension Economist from Oklahoma State University. Fifty outstanding students will be honored at the awards luncheon on February 13. College scholarships from The Wax Company, Cattlemen's Foundation and CattleWomen's Association will be presented.
To register go to the MCA Website.
 
 
 
 
 
Live Auction Items
Items for the Live Auction Friday, February 12th during the Cattlemen's Round Up & BBQ are now on display at the MCA office. Some of the items we have for the auction include; an offshore fishing trip, a commemorative Henry Golden Boy .22 Mag rife, riding toy tractor,  farm toys, handmade afghan, gift baskets, and much more! 
One item that will be up for auction to benefit the CattleWomen will be a one day guided bass fishing trip on the big lake at Bozeman Farms with FLW and Major League Fishing Pro Pete Ponds.
 
 
 
 
Also available to bid on is a relaxing get-away at the beautiful Legacy Key Condominium in Orange Beach, Alabama. 
The beautiful 3 bedroom/3 bath condo offers fully-equipped kitchens with modern appliances, washer/dryer, whirlpool tub, cable TV and free wireless Internet access.
Also included is a two-day fishing trip aboard the Tacky Jack.
Remember if you can't be at the Round Up you can still put a bid in on any item at the auction. Call the office for more details. 
 
 
 
 
 
Featured Convention Speaker
 Dr. Derrell S. Peel, has served as the Extension Livestock Marketing Specialist since he came to Oklahoma State University in 1989.  He has B.S. and M.S. degrees from Montana State University and a Ph.D. from the University of Illinois. His main program areas at Oklahoma State University include livestock market outlook and marketing/risk management education for livestock producers.  Derrell also works in the area of international livestock and meat trade with particular focus on Mexico and Canada and the North American livestock and meat industry. He lived in Mexico on sabbatical in 2001 and has developed an extensive knowledge of the Mexican cattle and beef industry and the eco- nomics of cattle and beef trade between the U.S. and Mexico. 
 
 
 
 
 
Keynote Speaker
On Saturday during the Awards & Scholarship Luncheon attendees will hear from NCBA President, Tracy Brunner. Brunner is the 4th generation on his family operation located in Ramona, Kansas. He has served as president of his family corporation since its inception in 1988. Tracy manages the feedyard and the yearling grazing operation. 
Through the years he has held many leadership positions in the beef industry including; Kansas Livestock Association (KLA) President, KLA Executive Committee, Kansas Beef Council Executive Committee, KLA PAC Chairman, KLA Advisory Council and Kansas Governor's Agriculture Advisory Board. 
Not only has Tracy been very active at the state level he has been active at the national level as well. He was the Policy Division Chair in 2009. He was on the Executive Committee from 2005 until 2009 and Tracy served on the NCBA Board from 1998-2011. 
 
 
 
 
 
Beef Barn on the Midway
While attending the Dixie National, stop by the Beef Barn for a great Steak Sandwich, Bully Burger, or Brisket Sandwich. 
Volunteers are still needed to work on several days during the event call the MCA to sign up!
 
 
 
 
 
Reapplication For Assistance Encouraged
If you were denied assistance for losses due to drought conditons and were deemed ineligible then you are encouraged to reapply. 
Senior Cochran office asked that this information be shared with producers, we thank the Senator for working on behalf of the cattlemen in the state.
Producers are encouraged to submit applications to FSA and request relief with an explanation about their confusion when filling out the acreage report.  Under the relief process, producers will be able to explain their circumstances to the local County Committee, which then in turn makes a recommendation through the State Committee to the Deputy Administrator for Farm Programs, who will consider relief on the merits of each individual case.  Producers should highlight any confusion, unclear directions from FSA staff, history of grazing the land in prior years or other mitigating factors such as being a first-time LFP participant as part of the request for relief.
 
 
 
 
 
BQA Training Scheduled
The Mississippi Beef Quality Assurance (MS-BQA) Program identifies areas in beef production where defects in quality occur. The MS-BQA Program is a cooperative effort between beef producers, veterinarians, nutritionists, and professionals from the Mississippi Cattlemen’s Association, Mississippi Farm Bureau Federation, MSU Extension Service, and MSU College of Veterinary Medicine, who believe that cattle managed under BQA guidelines will be less likely to contain a violative residue, injection-site tissue damage, or foreign metal such as broken needles.
Several face to face BQA trainings are scheduled  throughout the state. These meetings are being hosted in partnership with local sale barns. A certification fee of $15 is required and includes manual, vaccine cooler, and bumper sticker. Certifications begin at 6:30.
March 25 -  Verona  
March 29 -  Natchez 
April 14 -  Grenada Stockyards
 
 
 
 
 
Dixie National Events
A complete schedule for the Dixie National Livestock Show and Rodeo has been posted on the Mississippi Department of Agriculture's website. To see a detailed list of the events please click here.
 
 
 
 
 
New Study Shows Vegans Are Unhappy & Sick
A new study from the University of Graz in Austria has found that vegetarians are unhealthier and more mentally disturbed than meat lovers.
According to the study, vegetarians are more often ill and have a lower quality of living than meat eaters. What’s more, vegetarians are more likely to have cancer and heart attacks. Even worse, they are more prone to psychological disorders than meat eaters, and are consequently, a greater burden on the health care system.
To make these conclusions, scientists evaluated date from the Austrian Health Interview Survey and European Health Interview Survey, which evaluated 1,320 people sorted into four groups including: vegetarians, meat-eaters with lots of fruits and vegetables, little meat-eaters, and big meat-eaters.
The study concluded that, “Vegetarians have twice as many allergies as big meat-eaters do (30.6% to 16.7%) and they showed 166% higher cancer rates (4.8% to 1.8%). Moreover the scientists found that vegans had a 150% higher rate of heart attacks (1.5% to 0.6%). In total the scientists looked at 18 different chronic illnesses. Compared to the big meat-eaters, vegetarians were hit harder in 14 of the 18 illnesses (78%) which included asthma, diabetes, migraines and osteoporosis.
To read the entire article go to Beef Daily.
 
 
 
 
Allied Industry Members
 
 
 
 
 

680 Monroe St. Suite A • Jackson, MS 39202 |  601·354·8951

www.mscattlemen.org

 
 
            
Footer-logo