Mississippi Cattlemen's Association
|BCIA Bull & Heifer Sale
The Fall BCIA Bull & Heifer Sale will be held Thursday, November 8 at the Hinds Sale Facility in Raymond.
Distance video biding sites will be in Verona and Batesville.
|Meeting Under the Stars
Chickasaw County cattlemen brought their lawn chairs to Van Vleet for an enjoyable cookout and program presented by Dr. Rocky Lemus.
|MAFES Production Sale|
The 30th Annual MAFES Production Sale will be held Thursday, November 15, at the
Mississippi Horse Park, near Starkville.
The horse sale begins at 10:30 with lunch at noon and cattle lots selling at 1:00 p.m.
With just over 2 weeks remaining, voting is picking up with several restaurants using their Facebook site to promote their burger.
Top vote-getters today are:
2 Brothers Grill, Hattiesburg
Bellemont Shake Shop, Natchez
Blue Canoe, Tupelo
Blue Rooster, Flora
Halfway House, Starkville
Market Café, Louisville
Mr. D's Food Palace, Crystal Springs
Outback Steakhouse, Jackson
Side Street Burgers, Olive Branch
Parlor Market, Jackson
Table 100, Flowood
This printable flyer is available for restaurants to display as a reminder to patrons that they can vote now in the "Mississippi's Best Burger Contest".
If you haven't voted for your favorite burger restaurant, DO IT NOW!
|U.S. - Panama FTA |
The The United States Trade Representative (USTR) announced
last Thursday that the United States-Panama Trade Promotion Agreement, also known as the Free Trade Agreement (FTA), will enter into force on Oct. 31, 2012.
The National Cattlemen's Beef Association (NCBA) is greatly encouraged by this news and the ultimate removal of tariffs and other barriers to U.S. exports, including U.S. agricultural exports.
"The cattle industry has been waiting on implementation of this agreement for a long time and we're looking forward to increased trade opportunities with Panama," said Bob McCan, NCBA vice president and a Texas cattleman. "The U.S.-Panama Free Trade Agreement immediately eliminates the 30 percent tariff on prime and choice beef cuts and all other duties will be phased out over the next 15 years. This is a positive step forward for American cattlemen and women."
Panama is one of the fastest growing economies in Latin America with forecasts of between five to eight percent annual growth through 2012.
This agreement provides U.S. ranchers access to this valuable market. Similar to the FTA with Colombia, the agreement with
Panama provides assurances for a stable export market through plant inspection equivalency. Additionally, Panama modified its import requirements related to bovine spongiform encephalopathy (BSE) to be consistent with international standards. With these agreements in place, the United States will have free trade for U.S. beef with approximately two-thirds of the population in the Western Hemisphere.
"NCBA has been an outspoken supporter of this agreement and others like it because they increase market access and provide stable export markets based on internationally recognized scientific standards," McCan said. "We are encouraged by today's news and we appreciate Ambassador Kirk and the USTR's leadership in moving these agreements forward."
|Cattlemen to Cattlemen
Don't miss NCBA's Cattlemen to Cattlemen Oct. 30 - Nov. 3. See how the beef industry's volunteer and executive leaders are gaining new insights into association management. Plus, a look at one operation near the nation's capital that blends imagination with practicality.
NCBA's Cattlemen to Cattlemen debuts each Tuesday at 7:30 p.m. The show also airs Wednesday at 9:30 a.m. and on Saturday at 8 a.m. on RFD-TV.
Don't forget that you can also watch NCBA's Cattlemen to Cattlemen online anytime by visiting the website.
Timberland Bull Sale
Black Angus & SimAngus
November 17, 2012
October 26, 2012
Dr. John Michael Riley
Fed cattle prices continue to drift higher. This week prices improved another $2/cwt for live and about $4/cwt for dressed. In the Southern Plains live cattle sold at $127/cwt. In Nebraska, live and dressed cattle traded at $126-$128/cwt and $197-$198/cwt, respectively. Iowa and Minnesota cattle sold at $125-$126/cwt and $198/cwt, respectively, for live and dressed. In Oklahoma City, feeder steers and heifers were steady to $1-$3/cwt higher, steer calves were $2-$6/cwt higher and heifer calves were steady. Feeder steers and heifers were steady in Mississippi auctions this week, while slaughter cows and bulls were mixed.
Live cattle futures prices were up and down this week and finished in negative territory. Excluding the about to expire October 2o12 contract, which was $0.80/cwt lower than last Friday's close, contracts were down more on front months compared to more distant contract months. For example, December 2012 was off by just over $2/cwt compared to last Friday while June and August 2013 were down a little more than $1/cwt. Last week's Cattle on Feed report once again showed tightening supplies in about four to six months but the near-term supply is on par with year ago levels. Therefore, current prices will remain under pressure and will focus more on demand while more distant prices will be concerned more with limited supplies. Feeder cattle futures were lower each day excluding Wednesday taking its cues from live futures prices as opposed to corn, since corn moved lower this week as well.
Corn futures were lower this week. There was not much news that directly impacted corn this week and prices tended to trade on news of outside markets. Stocks and equities were lower much of the week which pressured most all agricultural commodities and the U.S. dollar strengthened which typically limits exports. Crude oil also slipped which slows ethanol demand. Soybean prices surged and occasionally buoyed corn prices, but other market factors trumped these attempts.
Wholesale boxed beef prices were higher again this week. Choice finished with a weekly average of $198.49/cwt, up $2.84. Select beef averaged $182.21/cwt for the week, up $1.90.
8 BCIA Sale, Hinds
9 Grazing Clinic,
13 White Sand
15 MAFES Sale &
MSU Horse Park
29, 30 Grazing Conference