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Bus Tour to Nashville
Attend the 2012 Cattle Industry Convention & Trade Show with the MCA Bus Tour. Ticket includes registration, admission to the trade show and dinner at the Grand Ole Opry.
Click for details.
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Checkoff Meeting Thursday
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. |
Grenada County Cattlemen
Grenada County Cattlemen's Association elected Kyle Wilson as its new president with other directors, from left, Chad Gray, John Mooreman, Donnie Sultan, Wilson, Toby Wilson, Johnny Greene and Sonny Holland.
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Vote for your favorite steakhouse today!
Current top 10:
Cowbells Starkville Duke's Pelahatchie Harvey's Starkville Huck's Place Columbus Lee's Sebastopol Porter Ave. Bistro Ocean Springs Reed Pierce's Byram Russell's Corinth The Veranda Starkville Wyndale Byram
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Japan May Expand Imports
On October 31, an official from Japan's Ministry of Health, Labor, and Welfare announced that they are recommending the government revise beef laws and regulations over BSE. These laws include Japan's domestic BSE policies including testing protocols and Japan's age restrictions on U.S. and Canadian beef that prohibit beef from animals over 21 months of age.
The process of relaxing the import bans is not simple in Japan, since doing so requires a change in domestic laws as well. The ministry reported their intention of submitting proposed changes to the government's Food Safety Commission by the end of November. It could take 3 to 4 months to get the domestic beef laws changed, after which import regulations could be revised. This puts our estimate for a resumption of expanded beef access to Japan in the second quarter of 2012.
Japan is the third largest beef importer on the planet (behind the U.S. and Russia), buying half a million metric tons of beef and beef offal annually (valued at $2.7 billion in 2010). Also, they pay higher prices for non-traditional cuts. Japanese consumers place a strong preference on grain-fed marbled beef. Imported U.S. beef is often traditionally thin-sliced and boiled for rice bowl dishes and hot pot restaurants, or is cubed in small pieces and grilled (yakiniku-style). The main cuts going to Japan include underutilized chuck cuts such as short ribs and short plates. These consumers also have a strong preference for beef tongues, an item with little value in the U.S.
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Call to Action: Highway Bill
The U.S. Senate Committee on Environment and Public Works is scheduled to consider a draft of the Highway Bill on Wed., Nov. 9. NCBA encourages you to weigh in on this important issue to resolve outdated laws that hinder the flow of commerce and discourage growth in the agricultural industry. Urge your senators to support legislation to create a safe and efficient transportation system that will not negatively impact your operation. With your help, we can reach out to every U.S. Senator.
Please use the template provided but feel free to personalize the letter with your senator's name and by adding personal stories. Don't forget to include your contact information. Click here to send your senators a letter today.
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| Farm Dust Regulation
Legislation to provide certainty to farmers and ranchers that the Environmental Protection Agency will not, now or in the future, further regulate farm dust moved one step closer to passage last week. The Farm Dust Regulation Prevention Act, introduced by Rep. Kristi Noem (R-S.D.), passed out of the House Subcommittee on Energy and Power and will now head to the full Committee on Energy and Commerce for consideration. Ashley Lyon, National Cattlemen's Beef Association (NCBA) deputy environmental counsel, said the growing support for the bill shows that Congress is ready to provide farmers and ranchers with certainty on this issue. In this week's
Beltway Beef newsletter,you'll read more about the farm dust issue.
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Market Notes
Dr. John Michael Riley
November 4, 2011
Cash Cattle:
Cash fed cattle were steady. Tuesday was the most active across major feeding regions. Live cattle traded at $119/cwt in Texas and Kansas. Prices improved in Nebraska where dressed sold at $193-$196/cwt and live at $121-$124/cwt. Feeder steer prices at Oklahoma City were called steady and feeder heifers were steady to $2/cwt lower. Calves were higher though, with steers $3-$5/cwt higher and heifers steady to $3/cwt higher. In Mississippi auction barns, feeder steers were $2-$2/cwt higher and heifers were $2-$4/cwt higher, while cull cows and bulls were steady.
Futures:
Cattle futures were higher this week. Nearby live cattle futures were strongest but all contracts were higher. Japan appears willing to adjust restrictions on beef imports that should prove fruitful for the U.S. The news came through early in the week with futures up limit Tuesday as a result. Corn futures were up and down this week and ended about even with the previous week. The U.S. dollar, oil markets and the general economy are providing the momentum until next week's supply and demand report from USDA is released.
Beef:
Wholesale beef prices were mostly steady for both Choice and Select. Choice beef was higher by 56 cents per hundred, at $187.53/cwt, and Select was higher by 70 cents, at $169.58/cwt.
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Calendar
November
10 Noxubee CCA10 Wilkinson CCA10 Yazoo CCA
10 Neshoba CCA
10 Covington CCA
15 Madison CCA
15 Webster CCA
17 Lauderdale CCA
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SAVE THE DATE
November 10 Checkoff Meeting
MCA office
November 17 Animal Traceabliity
Meeting
MCA office
November 17 MAFES Sale
MSU December 1 Herd HealthShort Course
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BCIA
Newsletter
The November issue of the Mississippi Beef Cattle Improvement Association newsletter is now available online.
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