Beef Council Intern 
We welcome Cassie St. Amant as our summer intern in the Beef Council office. Cassie is a junior at Mississippi State University, majoring in agribusiness.
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Angus Association Report
 Officers of the Mississippi Angus Association seated from left are Brian Garner, Newhebron, president; Paul Whitlock, Iuka, vice president; Mike Howell, Baldwyn, treasurer; and Misty Garner, Newhebron, secretary. Directors standing from left are Kenneth Stewart, Wiggins; William Howard, Canton; D.R. Bozeman Jr., Flora; Larry Fitzgerald, Poplarville; Steve Gaines, New Albany; Gary Tanner, Ellisville; W.E. Warren, West; and Larry Blocker, Starkville. At the association sale held on May 4th, Jimmy Stewart had the high-selling lot, a spring pair, at $6,100. The sale report is posted here.
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A Grazing Lands Conservation Initiative (GLCI) field day will be held Friday, May 17 at Nas Bolton Farm in George County. Click here for details. |
 Total recipe time: 35 to 40 minutes Makes 4 servings
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 The Deep South Brahman Assoc. annual meeting and field day will be held May 24 & 25 at Rocking B Cattle in Wiggins. A judging contest and junior show will be held Saturday. Register here to help in planning meals.
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Making Tracks Camp
Sign up today for Making Tracks Leadership Camp at Mississippi State University on June 17, 18 & 19.
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Progress on the Farm Bill
Both the House and Senate will mark up their respective Farm Bills this week. The Senate will mark up their version of the farm bill on tomorrow, May 14th with the House marking up their version on Wednesday, May 15th. Both farm bills ( House and Senate) are now publicly available and NCBA will continue to work thru the bills as well as the amendments that will be offered. It is our understanding the Senate will begin floor consideration of the farm bill the week of May 22nd.
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Cattle Market
Notes
Dr. John Michael Riley
May 10, 2013
Cash Cattle:The five-area cash price ended the week at $126.22/cwt on a live basis, a drop from last Friday's $129.02.In the Western Cornbelt, live sales were reported at $127/cwt and dressed cattle traded at $203-$204/cwt on Thursday. In Oklahoma City, heavy feeder steers were $2-$4/cwt lower, while lighter feeder steers were called steady. In Mississippi auction markets, steer calves were steady, heifer calves were about $1/cwt lower, feeder steers were $1-$3/cwt lower, and feeder heifers were mixed. Slaughter cows were $1-$2/cwt higher, while bulls were mostly steady. Futures:
Live cattle futures finished lower on the week. Prices slid through Wednesday with little in the way of bullish news adding support. The futures market is currently at a significant discount to current cash prices, which has traders slightly concerned. To close the week, USDA released their monthly supply/demand report. The report projects 2013 beef production higher at 25.1 billion pounds, while consumption was raised to 56.1 pounds per person (largely a necessary result to absorb the higher production). Corn futures finished the week lower. On Friday, USDA's projection for 2013 corn crop currently sits at 158 bushels per acre yield and 14.14 billion bushels of production (if we make that projection it will be a record). Feed and ethanol use are higher than previous years due to lower expected pricest, up $4.73. Beef:
Wholesale boxed beef prices continued to move higher this week, with Choice carcasses taking a hefty jump on Wednesday. Choice finished with a weekly average of $203.32/cwt, up $4.73, and Select finished at $190.50/cwt, up $1.58. The difference between Choice and Select has increased from $0.39/cwt in mid-March to $12.77 this week
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May
16 Wayne CCA
16 Webster CCA
16 Newton CCA
17 GLCI Field Day
18 Beef & Forage
Field Day,
Tylertown
23 Lauderdale CCA
25 Brahman Field Day
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