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Mississippi Cattlemen's Association
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 Junior exhibitors from around the state arrive this week for the Dixie National Junior Roundup. Support their efforts by attending one of the shows on the State Fairgrounds. Check the schedule for times. |
MCA Annual Meeting Saturday
 Richard Gebhart, Chairman of the NCBA Federation Division, will join us on February 1st at the annual meeting of the Mississippi Cattlemen's Association. A fourth-generation Hereford breeder, Gebhart is a university professor, lawyer, retired U.S. Army colonel and currently serves as Vice Chairman of the Oklahoma Beef Council. Schedule for February 1st: 11:00 a.m. MCA Executive Committee Noon - President's and Awards Luncheon 2:00 p.m. - MCA Annual Meeting 6:30 p.m. - Scholarship Dinner All activities will be held in the Mississippi Trade Mart.
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 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.
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Block & Bridle/Judging Teams
The annual meeting of the MSU Block and Bridle/Livestock Judging Team Alumni Association will be held at the Trade Mart in Jackson on Saturday, February 8.
This year we are teaming up with the judging contest for the reception around 6:00 with our annual meeting to follow the awards program.
The meeting will include fellowship with old friends, judging team members, and ADS faculty. If you are not presently a member of the association, dues are $15 per year.
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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. Click here for a preview of FARMtastic.  | | FARMtastic will be here February 7 & 8 |
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Beef Barn on the Midway  While attending the Dixie National, stop by the Beef Barn for a great Steak Sandwich, Beefburger or Hot Beef Sundae. Volunteers are still needed to work on several days during the event. Contact Teri at the MCA office, 601-354-8951.
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 Prepare for the big game appetites this weekend with:
Beefy Cheese Ball2 (8 oz.) packages cream cheese, softened 1 pkg. smoked beef, chopped finely 1 pkg. corned beef, chopped finely 5 or 6 green onions, chopped Worcestershire to taste Tabasco to taste Form into a ball. Serve with wheat thins.
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Cattle Market Notes
Dr. John Michael Riley
January 24, 2014
Cash Cattle:
Cash cattle and beef prices remain on their upward trajection. The five-area fed steer price ended Friday at $148.75 and $238.86, respectively for live and dressed, up $6.36 and $11.59 compared to last Friday. In the Southern Plains, live cattle were about $5 higher at $147 on Wednesday. In Nebraska, live and dressed cattle sold at $150 and $240, respectively. Western Cornbelt trade took place on Wednesday at $143.50-$149 for live and $235-$242 for dressed. Steer and heifer calves in Oklahoma City were steady, feeder steers were steady to $2 lower, and feeder heifers were $1-$3 lower. In Mississippi auction markets steer calves were mostly steady, heifer calves were mixed, feeder steers $2-$10 higher, and heifers were $3-$5 lower. Cull cows were $1 lower to $1 higher, cull bulls were steady to $5 lower, and replacements were higher. Futures:
The nearby February once again contract took advantage of the direction in the cash cattle and beef markets, moving higher by $5.80. More deferred contracts continue to have a wait a see attitude, but still picking up about $1 on the week. On Friday, the USDA, NASS released their monthly Cattle on Feed report. The report revealed that 10.593 million head of cattle were in feedlots with 1,000 head or larger capacity on January 1, 2014, down 5.4% from last year. Placements of cattle during December were 1.0% higher than last year. Both were a tad above expectations so the report was mildly bearish and expect the market to react accordingly on Monday. More detail about the report can be found here.
Corn were higher this week. Prices slowly inched up as the week progressed. It was a very slow news week (and holiday shortened week too).
Beef:
Like cash cattle, wholesale boxed beef was much higher this week. Choice boxed beef finished with a weekly average of $238.43, up $13.81. Select averaged $236.44, up $14.27. With Select continuing to gain on Choice the spread between the two has narrowed to $1.99.
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January
28 FB Beef Commodity Conference February
1 MCA Annual Meeting 4-7 Cattle Industry Annual Meeting 7-8 FARMtastic, MS Trade Mart
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Register Online
Registration is open for the 2014 Cattle Industry Convention and NCBA Trade Show in Nashville Tennessee.
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