|Agribusiness Summit Tomorrow|
Lt. Governor Phil Bryant will host the Agribusiness Summit at Jackson's Agriculture Museum beginning at 9:00 a.m. tomorrow.
MCA will join representatives of other sectors of our state's agricultural economy to discuss the impact each has on our state and the challenges and opportunities they provide.
|Dairy Shows |
Dairy exhibitors completed their shows Saturday with excellent competition in both the junior and open contests.
|MSU Dairy Students Compete|
Mississippi State Animal & Dairy Sciences Department students brought cattle from the MSU dairy to exhibit in the open show at the State Fair.
|Prettiest Cows |
The Pretty Cow Contest brought out 21 entries, all with a theme encouraging consumers to enjoy more milk.
|Paul F. Newell Award|
Elwanda Shook, left, is this year's recipient of the Paul F. Newell 4-H Award given to a career professional for their work with youth programs.
CattleWomen's Association President Nancy Strickland made the presentation.
|In Memorium |
We extend our sympathy to the family of Maurice Layton, who died Saturday.
As a youngster, Layton showed champion steers in Mississippi and at the Mid-South Fair. In 1951, he was a member of the Mississippi State University livestock judging team that won the Chicago Collegiate Contest.
At 81, he was still active in his lifelong work of producing good cattle on his Simpson County farm.
|Congress Passes Trade Agreements |
After several years of waiting, the free trade agreements with Colombia, Panama and South Korea are headed to President Obama's desk for his signature. Last week, the three trade pacts passed the U.S. Senate and U.S. House of Representatives with strong bipartisan support just in time for the official state visit of President of the Republic of Korea Lee Myung-bak to the United States.
According to National Cattlemen's Beef Association President Bill Donald, once implemented these agreements will mean increased access for U.S. beef in these three markets. He urged President Obama to sign them immediately. Read more about trade in this week's Beltway Beef newsletter.
While much attention was focused on passage of the trade pacts this week, NCBA continued working to build support in the U.S. House and Senate for legislation to prohibit the Environmental Protection Agency (EPA) from regulating coarse particulate matter, or farm dust, at levels twice as stringent as the current standard.
Check out a special column by Sen. Mike Johanns (R-Neb.), who has introduced the Farm Dust Regulation Prevention Act in the Senate. Also, don't miss an update on a hearing held this week in the House Judiciary's Subcommittee on Courts, Commercial and Administrative Law on legislation to reform the Equal Access to Justice Act in this week's newsletter.
Dr. John Michael Riley
Octoer 14, 2011
Cash fed cattle were slightly lower this week at $119/cwt for live cattle in both the Southern Plains and Nebraska on Thursday. Dressed cattle in Nebraska sold at $187-$189/cwt. A light test for most classes of cattle this week at Oklahoma City and quality was "plain to average". All steer and heifer classes were called steady. In Mississippi auction barns, feeder steers and heifers sold $2-$5/cwt higher, cull cows were $1-$2/cwt higher and bulls were $1-$3/cwt higher.
Live cattle futures contracts were higher on the week (excluding the nearby October contract). Lower cash prices pushed the nearby down, but the continued strain on supplies generated optimism for cattle prices further out. Feeder cattle futures were higher as well even as corn improved. Corn futures were higher on the week propelled by a limit move on Tuesday ahead of the monthly supply and demand report from USDA. Export sales to Mexico, China, and Japan and news that Russia may implement export bans in their country provided the momentum. The report was mostly expected but still on the bearish side of expectations and corn struggled to recover as the week closed out.
Wholesale beef prices were split on the week. Choice moved higher while select slipped pushing the spread to the highest level thus far in 2011 at $16.69/cwt. Choice and Select carcasses averaged $185.39/cwt and $168.70/cwt, respectively, up $1.19 and down $1.40.
18 Ag Summit,
20 Hinds CCA
20 Marshall CCA
20 Pike CCA
22 Clay CCA Blood Drive
15 Madison CCA
Vote for your favorite steakhouse, then encourage them to contact the Mississippi Beef Council for signage for their restaurant, Facebook and Twitter sites.
The winning restaurant gets a $1,000 local advertising package courtesy of the Beef Checkoff!
| SAVE THE DATE|
MS Fed Beef
October 27 - 29