Mississippi Cattlemen's Association

FARMtastic February 7 & 8

For an overview of Mississippi's diverse agricultural enterprises, visit FARMtastic in the Trade Mart on Feb. 7 & 8.
Third grade classes are encouraged to sign up for the guided tours of FARMtastic on Friday, February 7th.
Several agricultural associations, agencies and organizations will have displays both days and Saturday will feature the First South Chili Cooking Contest for culinary students.

Also on Saturday, see the rare black and white Express Clydesdales, standing 17 to 18 hands tall and weighing over 2,000 pounds each. Their shoes are the size of a dinner plate and weigh 3 pounds.

Miss Dixie National

Congratulations to our Beef Ambassador, Taylor McNair, on winning the title of Miss Dixie National at Saturday's pagent.
Taylor will appear at each performance of the Dixie National Rodeo, participate in FARMtastic and visit Blair E. Batson Children's Hospital.

Dixie National Mobile App

Download the new mobile app for the latest updates and more information on rodeo events,
tickets, concerts,livestock shows, and much more!

Available free from the Apple Store and Android Store directly to your smart phone.

Save the Date!

MCA's Annual Meeting will be held Saturday, February 1st.
Awards for county and individual membership recruiters will be presented at the noon luncheon followed by the annual business meeting.
That evening, The Wax Company, CattleWomen's Association and Cattlemen's Foundation scholarships will be presented during the awards dinner.

BCIA Newsletter

The January issue of the Mississippi Beef Cattle Improvement Association newsletter is now available.

Central Heifer Sale a Success
Central Heifers

A large crowd was on hand for the First Annual Central Miss. Replacement Heifer Sale. The 118 bred heifers averaged $1,852 with the top selling pen from Bob Robinson going for $2,400 per head.

Miss. Beef Agribition Sale

Consignments to the Mississippi Beef Agribition Sale will be accepted until January 31st.
Show calves, open and bred commercial heifers as well as bulls will be offered at the March 22nd sale in Verona.

Try the versatile sirloin tip!

This roast is lean and economical. It's small size is perfect for a easy family dinner. For best eating quality, cook only to medium rare (145°F) doneness and carve into thin slices. This roast also meets government guidelines for lean.
NUTRITIONALS:
Nutrition information per 3-ounce cooked serving: 150 calories; 6 g fat (2 g saturated fat; 2 g monounsaturated fat); 23 g protein; 0.4 mg vitamin B6; 2.8 mcg vitamin B12; 2.1 mg iron; 5.8 mg zinc.

Wheels for Bucks is back

Again this year, Merck is offering our association cash for each empty Ralgro wheel turned in before February 1st.
Drop your wheels by the office, give them to any association officer or bring them with you to the MCA annual meeting at the Trade Mart on February 1.

National

NCBA Trade Show

Those attending the 2014 Cattle Industry Convention and NCBA Trade Show in Nashville, Tenn., Feb. 4-7 should be sure to pack their comfortable walking shoes. The NCBA Trade Show - for years, the beef cattle industry's largest - is getting bigger, adding more than 30 exhibitors and thousands of square feet of booth space.
In 2014, there will be more than 300 exhibitors on 247,000 square feet - 5.7 acres. These exhibitors will feature everything from animal health products and ranch equipment to real estate, seed products, software, and western art.
It's estimated that about 7,000 producers will attend the 2014 event.
This year the Trade Show will not only be larger, but will feature more educational and entertainment opportunities for attendees. On the Trade Show floor will be two education areas, including a demonstration area with live animals to provide hands-on instruction. New this year is the NCBA Learning Lounge, which will feature 30-minute educational sessions to provide attendees valuable educational tips from industry experts in informal, face-to-face, technology-friendly classroom settings.
All three days of the show will feature fun and fellowship. The Sweet Ole Tennessee Welcome Reception, sponsored by MICRO, will kick off the 2014 show, with terrific food and music on Tuesday, Feb. 4. A Tennessee Wine Tasting Reception, sponsored by Merial, will be held Wednesday, Feb. 5, while on Thursday, Feb. 6, a Beef, Beer and Bourbon Reception, sponsored by Alltech, will provide entertainment and samples of local libations.
For more information on the 2014 Cattle Industry Convention and NCBA Trade Show, go to www.beefusa.org.

1.13.14

Cattle Market Notes

Dr. John Michael Riley

January 10, 2014

Cash Cattle:

Wow, much has happened since my last update. Cattle markets have been on fire as 2013 came to an end and thus far in 2014. For example, this week's five-area live steer price finished the week at $139.54, up $2.06 per hundredweight, dressed steers were at $221.48, up $4.34, both records when prices are not adjusted for inflation. Futures and boxed beef prices are also higher. Live cattle sales in the Texas Panhandle and Southwest Kansas were called at $139. In Nebraska cattle transactions were, respectively, at $139-$140 and $220-$222. In the Western Cornbelt live and dresses cattle trade was a bit lower at $138-$139 and $220-222, respectively.Oklahoma City feeder steers and steer calves were $5-$8 higher compared to three weeks ago - prior to the Christmas and New Year holiday. Feeder heifers and heifer calves were $3-$6 higher. In Mississippi auction markets, compared to the pre-holiday period, feeder steers were steady to $10 higher and steer calves were mostly $10 higher. Feeder heifers were mixed and heifer calves were mostly $10 higher. Cull cows and bulls were steady to $5 higher.

Futures:
Live cattle futures continue to move higher. Following last week's records, prices kept up the pace. Both cash prices and wholesale beef prices helped support futures as both were higher on the week. Last week was aided by a scorching equities market, which tempered a bit this week. Friday brought about two notable reports. The first, from the Labor Department, revealed a large decline in job creation for December where 74,000 jobs were added compared to an expected 197,000 (the fewest in over three years). On the other hand the unemployment rate dropped to 6.7% versus 7.0% in November (which was the same expected by analyst). Finally, the United States Department of Agriculture released their monthly World Agriculture Supply and Demand Estimates report later in the day. The report revealed an increase in expected beef production as more cattle have been placed into feedlots at the tail end of 2013 which should push 2014 production higher.
Corn futures rebounded a bit this week. The supply and demand report revealed less production due to lower per acre yield on top of higher use from both feed and ethanol. Also, the quarterly Grain Stocks report showed fewer bushels of corn in storage than expected across the U.S. Both of these helped push corn higher to end the week.

Beef:
Wholesale beef prices ended the week much higher, helping support cash fed and futures prices. Choice beef averaged $210 for the week, up $9.17. Select averaged $206.53, up $10.20. The weekly average price for Choice is second only to late-May's $210.47 but Friday's single day price of $214.98 was a record.

Calendar

January

16 Lee CCA

18 Greene CCA

21 George/Jackson CCA

23 Stone CCA

23 Marshall CCA

28 FB Beef Commodity
Conference

February

1 MCA Annual Meeting

4-7 Cattle Industry
Annual Meeting

7-8 FARMtastic,
MS Trade Mart

Registration is open for the 2014 Cattle Industry Convention and NCBA Trade Show in Nashville Tennessee.

Mississippi Cattlemen's Association members can Save at these participating sponsors.