Mississippi Cattlemen's Association
The fourth annual Deep South Stocker Conference returns to Mississippi on Friday, August 10th.
This year's conference will be a one-day event with several educational seminars in the morning, and a tour of a stocker operator that afternoon.
The program will be held at Kahlmus Auditorium on Mississippi State University's Meridian campus and registration is $75.
|Conservation in the Classroom
Teachers attending the workshop in Vicksburg learned more about beef and the 29 lean cuts available to today's consumers.
Sponsored by NRCS, the four-day program covered areas of agriculture and resource conservation.
|Dairy Field Days|
Dairymen and industry leaders met last month in Verona and Tylertown for educational programs and market updates.
|Molly's Meaty Monday Menu
Beefy PB & J Wraps
This crazy mix of ingredients will produce an incredibly delicious dinner for these hot July days.
|Extension Service Newsletter
Hats off to cattlemen in the following counties for sponsoring recent blood drives in their area: Jones, Forrest/Lamar, Covington, Hinds and Lee. These associations are to be commended for these great community service projects.
For information on having a drive in your county, contact the Mississippi Beef Council.
|Promoting Beef Online
|Beef. It's What's For Dinner. Commercial - "Invitation"|
In honor of the 20-year anniversary of the checkoff's "Beef. It's What's For Dinner." brand, the beef checkoff is promoting beef in a new way this grilling season - by way of through two online video commercials.
Featured on ABC.com and hulu.com, the two videos quickly generated 10 million impressions.
|Producer Attitude Survey|
A survey of 900 beef and dairy producers chosen randomly from a nationwide sample is in the field.
The research, conducted by the Aspen Media and Market Research firm of Boulder, Colorado, is a biannual test of producer attitude about the beef checkoff.
In the past eight years, approval rates have ranged between 68% and 76%. Producers' support for the checkoff program has shown this consistency on a longer term basis as well-during the past decade, a majority always have approved of it, with positive ratings of 60% or more.
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July 6, 2012
Dr. John Michael Riley
Cash cattle were mostly steady over the holiday shortened week. Live sales in Texas and Kansas were at $117/cwt. In Nebraka, live trade was too light to call a trend but dressed sales were called at $186-$188/cwt. Cattle volume at the Oklahoma City auction was light due to the holiday. Feeder cattle were firm and calf sales were too limited to call a trend. No reports for Mississippi markets this week.
Live cattle futures ended the week mixed, but mostly even compared to last Friday. Nearby contracts were down about $1/cwt and more deferred contracts were up about the same amount. Much like the corn crop, pasture conditions continue to worsen, which will likely push cattle to market sooner than normal - similar to last summer, with the major difference being that this year's drought is much more widespread than in 2011. This is a contributing factor to the higher prices on more deferred live cattle futures prices. Despite this, cost of gain of cattle placed into feedlots is not letting up. Thus, feeder cattle futures were overwhelmed with soaring corn prices and no support from live cattle futures nor cash cattle and beef.
Corn prices continued to sky rocket this week on growing concerns about the deteriorating crop. Friday brought about some relief as a poor jobs report weighed on outside markets. Still, the amount of corn rated good and excellent as of July 1 fell another eight percentage points from the previous week to 48%. USDA will release their monthly supply and demand report on July 11 and I've yet to see a pre-report yield estimate anywhere near the 166 bushels per acre that has been published the last two months.
Wholesale beef prices slid lower this week. Choice wholesale beef finished with a weekly average of $193.52/cwt, down $3.06. Select ended the week at $176.38/cwt, down $3.42. The spread between Choice and Select beef has held mostly steady the past few weeks and is currently at $17.14/cwt.
19 Marshall CCA
25-28 Cattle Industry
30 Amite CCA
6 Homeplace Board
10 Stocker Conference