Mississippi Cattlemen's Association

Registration and housing is now open for the Cattle Industry Annual Convention in Nashville.
The NCBA Trade Show is the largest, most important national show for anyone in the cattle business. The NCBA Trade show allows industry members the opportunity to come face-to-face with decision makers in a unique, fun environment.
If you're in the cattle business then you need to be in Nashville, Tenn., from Feb. 4-7, 2014.

Are your cattle winter ready?

Body Condition Scoring Beef Cattle

Check your herd's body condition score (BCS) as you prepare for winter feeding. BCS 5 to 7 is recommended for calving through breeding. Watch this MSU Beef Cattle Extension video for details.

Membership Drive

Only 4 weeks remain in the fall membership drive and the chance to get in on $4,500 in prizes.
Two $1,000 purchase credits (redeemable at any of the 15 Gold Buckle Farms) will be presented to the top recruiters.
Click here for details.

BCIA Sale Results

The BCIA Fall Bull & Heifer Sale saw 22 performance-backed bulls average $3,375 with Sloan Farms consigning the top lot at $6,670.
The 40 bred commercial heifers averaged $1,756.

Beefy Harvest Soup

Total recipe time: 25 minutes

Makes 4 servings

Beef Retailers

Thirty meat market managers attended the training seminar last week hosted by Associated Wholesale Grocers where Mississippi Beef Council staff highlighted the opportunities for beef promotions in their stores.
The website www.beefretail.org provides a wealth of information for retail grocers.

Beef Quality Assurance Training

Lee County Cattlemen's Association will host a Beef Quality Assurance Training conducted by Dr. Carla Huston on Tuesday, November 19th at 6:00 p.m.
Call 662-841-9000 to sign up. The $5 registration fee will include a meal.

NATIONAL

EPA Reduces Corn Ethanol Mandate

Meatingplace.com reports that the Environmental Protection Agency released the proposed 2014 Renewable Fuel Standard (RFS) volumetric requirements in which it proposes to lower the conventional renewable fuel requirement from the statutory level of 14.4 billion gallons to 13 billion gallons and slash the total RFS volumetric requirement from 18.15 billion gallons to 15.21 billion gallons.
American Meat Institute Vice President of Regulatory Affairs and General Counsel Mark Dopp praised the move, calling it "long overdue." On a call with reporters, Dopp also urged further action. "Even with a record corn crop expected this year, the damaging ripple effect of this defective policy has moved through the meat and poultry complex for the past several years. The time for Congressional action is now."

11.18.13

Cattle Market Notes

Dr. John Michael Riley
November 15, 2013

Cash Cattle:
Cash cattle were mostly steady this week. The five-area live and dressed steer price finished the week at $130.85 and $205, respectively, down $0.10 and $1.04. Trading in the Southern Plains was called at $132. In Nebraska, live and dressed cattle, respectively, sold at $131-$132 and $206-$207.
n the Western Cornbelt live cattle trade was reported at $129-$130 and dressed cattle sold at $206-$207.Steers and heifers of all classes in Oklahoma City sold steady this week. In Mississippi auction markets this week, feeder steers were steady to $3 lower and feeder heifers were $3-$4 lower, while steer and heifer calves were about $5 lower. Cull cows and bulls were steady, while replacement females were mixed.

Futures:

Live cattle futures finished the day Friday slightly higher than last Friday. Prices continued to rally following last Friday's strength. The market is currently following the supply side of the market and putting in a short supply premium for the upcoming holiday purchases. Feeder cattle also benefitted from declines in corn.
Corn prices erased the bulk of the strength from the aftermath of the very bullish supply and demand report last week. Despite increased demand expectations, traders recognize that a large crop will be harvested. To close the week, the Environmental Protection Agency indicated they would lower the allowable amount of ethanol to be blended with petroleum based gasoline from 18.15 billion gallons to 15.21.

Beef:

After falling late last week, wholesale boxed beef inched higher before slipping just a bit this week. Choice beef averaged $202.25, down $2.22. Select averaged $188.50, down $1.49.

Calendar

November

19 Lee CCA BQA

19 Calhoun CCA

21 Rankin CCA

21 Oktibbeha CCA

21 Scott CCA

December

2 Amite CCA

5 Lafayette CCA

5 Forrest/Lamar CCA

10 Tate/DeSota CCA