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Monday Memo

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State News

Checkoff Meeting


All cattle producers are invited to a meeting at the MCA office on November 10th to discuss a state checkoff assessment. The $1-per-head checkoff is 25 years old and inflation has taken its toll on the buying power of the program.
Join us at 1:00 p.m. on the 10th to give your input on a state assessment and how the program could be improved.

Agree, Disagree? - Vote Today
MBS154
Interest is growing to find Mississippi's Best Steak but there is certainly no consensus, since 66 restaurants have been nominated.
This is good news because it tells us that there are many restaurants that serve great steaks.
Cast your vote today!

Current Top 10
    Cowbell's Sports Grill    Starkville
    Duke's Steak House     Pelahatchie
    Harveys                       Starkville
    Lee's Steakhouse         Sebastopol
    Reed Pierce's               Byram
    Russell's Beef House    Corinth
    Sam's Place                 Mize
    Sunnyside                    Pontotoc
    The Veranda                 Starkville
    Wynndale Steak House  Terry
MAFES Horse & Cattle Sale 
MAFES1
The 29th Annual MAFES Sale will be held Thursday, November 17th at the Mississippi Horse Park. Interactive bidding sites are Forrest County Extension office and Central R&E in Raymond.
Horses sell at 10:30 a.m., lunch is served at noon, and cattle sell at 1:00.
Click here for the sale catalog.
Extension Meeting
conference
Extension Associates from all 82 counties enjoyed a brisket salad and learned more about the 29 lean cuts of beef at their annual conference in Starkville.
Checkoff

Policy News   

NCBA Stays Firm on Farm Dust

Although rumors are circulating that refer to the Environmental Protection Agency's (EPA) attempt to regulate farm dust as a myth, a hearing of the House Subcommittee on Energy and Power cleared up what many call profound misconceptions. Testifying on behalf of the National Cattlemen's Beef Association was Steve Foglesong, immediate past president of the organization and a rancher from Astoria, Ill. Foglesong said ranchers are pleased EPA has decided not to propose to lower the standard for coarse particulate matter (dust) this year but the issue is far from resolved.
He said EPA does not have a consistent track record of doing what it proposes. In fact, in 1996 EPA proposed to remove the dust standard altogether, only to bring it back in the final rule. In 2006, EPA proposed to exempt farm dust. That exemption also disappeared in the final rule. Foglesong said even if EPA retains the current dust standard, the opportunity remains for the agency to tighten it in the future. Unless Congress passes the Farm Dust Regulation Prevention Act, he said that threat remains.
He cautioned that no one can be sure of the outcome of the rulemaking until it is final. Foglesong still worries about the future since the Clean Air Act requires the standard come under scrutiny every five years. He said the only way to provide certainty to farmers and ranchers is for Congress to pass the Farm Dust Regulation Prevention Act introduced in the Senate and the House of Representatives.

Live Show Tomorrow Night
C2C
Watch Cattlemen to Cattlemen tomorrow night at 7:30 on RFD-TV for a special LIVE edition on the state of the beef industry with panaelists Bill Donald, NCBA president; Forrest Roberts, NCBA CEO; Colin Woodall, NCBA vice president of government affairs; and Kevin Good, CattleFax senior market analyst.

 
10.31.11

Riley

Cattle Market

Notes 

Dr. John Michael Riley

Octoer 28, 2011

 

Cash Cattle:

Cash fed cattle were mostly steady.  Live cattle traded at $120/cwt on Thursday and $121/cwt on Friday in Texas.  Kansas trade was last reported on Thursday at $120/cwt for live cattle.  Prices improved in Nebraska where dressed sold at $192-$193/cwt and live at $121-$123/cwt.  Prices at Oklahoma City were called steady across all classes.  In Mississippi auction barns, feeder steers and heifers were $2-$4/cwt higher and cull cows and bulls were $1-$3/cwt higher.

 

Futures:  

 Cattle futures shrugged off the moderately bearish on feed report to start the week.  The sentiment would not continue as live contracts were down the remainder of the week.  More deferred contracts - those beyond April 2012 - took a hit but not to the degree of nearby months as those cattle supplies are expected to be even tighter based on last week's on feed report.   Feeder futures only improved again on Wednesday as corn fell hard.  A stronger US dollar along with lower crude and wheat prices led to the tumble by corn on Wednesday, but the losses were mostly offset the following day.  The Dow rose 340 points on Thursday, which helped spur commodity markets - including support for corn - but cattle futures did not respond to the improved equity markets.  

Beef: 

Wholesale beef prices were higher by about $2/cwt on the week for both Choice and Select.  Choice beef surged Tuesday and remained steady the rest of the week, finishing at $186.97/cwt.  It took the Select price two days, Tuesday and Wednesday, to make the climb and ended the week at $168.88/cwt.

Calendar   

  

November  

 

1  Kemper CCA

 

3  Jones CCA

 

10 Noxubee CCA

 

10  Wilkinson CCA 

   

15  Madison CCA  

 

17  Lauderdale CCA

 

SAVE THE DATE


November 17
Traceability Meeting
with Dr. Jim Watson

1:00

MCA office 

 

November 17 

MAFES ProductionSale

MSU

 

December 1 

 Herd Health
Management
Short Course

MSU, Biloxi,
Oxford, Raymond 

 

 Allied Industry Members

Positive feed 

Intervet SPNovartis

Outback 
Merial colorDuPont3  

Mississippi Cattlemen's Association

680 Monroe St.

Jackson, MS 39202