Nunnelee Addresses Issues
Congressman Allen Nunnelee was keynote speaker at the MCA President's Banquet.
In addition to his service on the House Appropriations Committee, Nunnelee sits on the Agriculture Appropriations Subcommittee.
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Star Junior Cattlemen
Star Junior Cattlemen awards went to Candice Killebrew and Dillon Jones for record books describing their cattle operation at home and the management practices employed there.
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Eleven members of Coach Carl Williams' 1957-1960 livestock judging teams attended his induction into the MSU Judging Team Hall of Fame.
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Chili for Chile
Three great beef fans, State Treasury Lynn Fitch, Senator Will Longwitz and Coach Jim Carmody judged the chili contest in Flora Saturday. The contest and lunch supports the foreign missions of Flora United Methodist Church.
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The Hinds CC Bull Test and Miss. BCIA Bull & Heifer Sale will be held at noon, Thursday, March 7 at the Hinds Community College Sales Facility.
The sale will feature 75 bulls and 8 bred heifers. --- Sale Catalog---
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Wetlands Program
Private landowners in Mississippi wanting to protect and restore wetland areas on their property can submit applications for financial and technical assistance to USDA's Natural Resources Conservation Service. Applications are due on March 15, 2013.
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Wax Scholars
 | The Wax Company Scholarships |
This marks the 20th year that Barry Wax and The Wax Company have presented scholarships to our youth.
These awards are made possible by the sale of Marshall and Jackson ryegrass in Mississippi.
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Beef Packing Plants May Close
U.S. Agriculture Secretary Tom Vilsack says that because of mandated cutbacks, some USDA meat inspection will cease, thus resulting in plants having to shut down if Congress does not act to prevent sequestration by March 1. NCBA and other organizations point out that the plants cannot legally ship meat without federal inspection, so the move would in effect close those plants, with widespread economic impacts. On Friday evening, NCBA Vice President of Government Affairs, Colin Woodall, appeared on Fox Business' Money Program discussing the sequester and possible furlough of Food Safety Inspectors. If you did not get a chance to view the program live, you may watch the clip here. |
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Cattle Market Notes
Dr. John Michael RileyFebruary 22, 2013
Cash Cattle: Cash Cash trade was near nonexistent as of Friday afternoon as a snowstorm brought movement to a halt. Sales in the Texas Panhandle were steady on Wednesday at $123/cwt. All other locations had too limited volume to call any trends. Prices last week were: Kansas, Nebraska and Western Cornbelt live cattle trade was at $123/cwt, while Feeder steers were steady to $1/cwt higher, while steers over 900 pounds were $1-$2/cwt lower in Oklahoma City. OKC feeder heifers were $2-$4/cwt higher, steer calves were $2-$4/cwt higher, and heifer calves were called steady to $2/cwt lower. In Mississippi auction markets feeder steers and heifers were $1-$5/cwt higher. Cull cows were steady and bulls sold $1-$3/cwt higher.
Futures: Live cattle futures finished lower this holiday shortened week. Markets were closed Monday but moved higher on Tuesday. The next two days saw prices slip as cash prices either failed to develop or were called steady to lower. A massive snowstorm across much of the feeding region did slow the pace of sales and could hamper the continually growing slaughter weights. A recent uptick in export sales helped boost prices Friday as traders awaited the monthly Cattle on Feed report from USDA. Corn futures were lower again this week, but prices are dropping at a very slow pace. The snowstorm that blanketed the Plains and Midwest should help many drought plagued areas as planting approaches. Another bear that has hung around is that ethanol production continues to be sluggish. With March approaching all eyes will begin to focus squarely on the planting number due at the end of the month.
Beef: Wholesale boxed beef prices were mixed this week, but remain on a mostly steady path. Choice finished with a weekly average of $182.51/cwt, down $0.51, and Select finished at $180.45/cwt, up $0.90. This puts the Choice-Select spread at a very narrow $2.06/cwt.
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February
28 Pontotoc CCA
March
5 Greene CCA
6 BCIA Annual
Meeting
7 Hinds/BCIA Bull
Sale
7 Tippah CCA
12 Heifer
Development
Short Course
19 Pontotoc CCA
21 Webster CCA
21 Franklin CCA
23 Beef Agribition
28 CLM CCA
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