Mississippi Cattlemen's Association
2.04.13
JoeHall
MLS
Ya'll Come!
65th Annual Convention

& Dixie National Farm Expo

  

Click for the agenda and printable registration form 

or online registration form 

 
The MCA Convention kicks off this Friday evening, February 8th with "A Taste of Beef" and Auction, at the Mississippi Agriculture Museum.
Sample great beef dishes from some of Jackson's finest restaurants, and then enjoy the fast-paced benefit auction.
An eclectic mix of items will help support MJCA, MCW and MCA activities. Prints, collectables, toys, vacation package and much more.  

Items are still coming in, but click here for a partial list. 

 
Farm Expo Friday & Saturday 

Attend the Dixie National Farm Expo Friday & Saturday 10:00 a.m. until 5:00 p.m. for the latest in products and services for your operation.
Chef Luis Bruno will be demonstrating beef dishes in the trade show and FFA members from around the state will compete in the Tractor Driving Contest out front.
Stop by for great beef samples and enjoy the displays.
Roundup Time
washrack unload

Beef judging begins today and goes through Wednesday for juniors competing for championships at the Dixie National Junior Roundup.
Judging Team Alumni 

1960 team
Alumni of the Mississippi State Block & Bridle Club or MSU judging teams are invited to the Cattlemen's office on Sunday, February 10 at 1:00 p.m. Following a short meeting, Carl Williams will be inducted into the Judging Team Hall of Fame.
Williams, pictured at right, coached livestock judging teams from 1957 to 1961.
Ribeye Steak Sandwiches

 BeefBarn


While visiting the Dixie National, stop by the MCA Beef Barn for a Ribeye Steak Sandwich or Hot Beef Sundae.

New Online Videos

Visit the Mississippi State University Extension Service Beef Cattle YouTube channel where a variety of brief educational videos are posted on beef cattle production topics.
Freeze Branding Beef Cattle
Freeze Branding Beef Cattle


It's a girl!
MaKinley

We congratulate Membership Director Teri Burton and her husband Henry on the birth of MaKinley Alexandria. MaKinley is welcomed by big brother Morgan.

National 
Great News for U.S Beef Producers 
 
Last Friday, the Government of Japan began new BSE protocols for U.S. beef imports. Under the new rules, beef will be allowed from cattle slaughtered under 30 months.
This is an important step forward in our relationship with Japan and welcomed opportunity to expand exports into a growing market with enormous potential. As many of you know we have been working to expand access into Japan for almost 10 years.
Prices Rise as Herd Shrinks  

Bloomberg News reports that the beef herd shrunk to its smallest number in 61 years as a result of drought in much of the United States.
The worst U.S. drought since the 1930s cut Midwest corn harvests for a third straight year, sending prices to a record in August. Higher feed costs discouraged herd expansions, even as retail-beef prices surged to a record.
Cattle futures advanced 8.9 percent last year on the Chicago Mercantile Exchange, the fourth straight annual gain. Prices rose 0.4 percent in January to $1.328 a pound yesterday, capping the fourth monthly gain.
Cattle Market Notes
Riley

Dr. John Michael Riley

February 1, 2013

Cash Cattle:
Live cash prices stabilized this week and dressed prices once again held steady. In Texas and Kansas, live prices were at $125/cwt on Wednesday. There was limited cash trade in Nebraska and no trend was called but some cattle did move at $200/cwt on a dressed basis late in the week. A similar story for Western Cornbelt fed cattle with sparce sales at $125/cwt and $200 for live and dressed respectively. The five-area price was at $124.96/cwt on a live basis and at $197.63/cwt for dressed.
Feeder steers and heifers were $2-$3/cwt higher in Oklahoma City, while calves were called steady to $4/cwt higher. In Mississippi auction markets feeder steers and heifers were mixed on the week. Cull cows and bulls sold $1-$2/cwt higher.

Futures:
Live cattle futures finished moderately higher again this week. As expected markets opened higher on Monday in the wake of the Cattle on Feed report (link). Early Monday news broke that Japan would relax their import restrictions on U.S. beef (allowing cattle 30 months of age and younger compared to the previous requirement of 20 month old cattle). This added to the bullish sentiment. The remainder of the week was dismal though and prices slid back. Sluggish wholesale beef prices continue to weigh on markets further upstream. Also, while the news out of Japan is helpful, Steve Meyer and Len Steiner point out that there are some strong signals that this will not automatically result in more beef sales to the country (it is worth a read,  link). Improved cash markets across the U.S. helped push the nearby March feeder contract higher, but beyond that prices were mostly steady. Finally, Friday marked the release of the annual cattle inventory report. The total number of cattle and calves in the U.S. dropped 1.6% compared to last year. The number of beef cows were down 2.9% but more beef heifers were held back in 2012, up 1.8%. In Mississippi, the cattle herd shrunk 4.2% with beef cows holding steady. For more detail on this report visit this link.
Corn futures prices improved this. Dry weather in southern South America has the market concerned about Argentina's corn crop. Late in the week the export sales report was better than most had expected, but it should be noted that corn exports are still lagging.

Beef:
Wholesale boxed beef prices continued to march lower with Choice once again dropping at a faster pace than Select. Choice finished with a weekly average of $185.83/cwt, down $3.13, and Select finished at $180.68/cwt, down $2.03.
Calendar
February

8 - 9 MCA
          Convention
          & Dixie
           National
           Farm Expo



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Positive feed

Merial color
 
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