Mississippi Cattlemen's Association

Hinds/BCIA Bull Sale

The Hinds Bull Test and MBCIA Sale will be held Thursday, March 6 in Raymond. The sale catalog in available online.
As an added attraction, the Mississippi BCIA will host its annual membership meeting at the sale site starting at 6:00 p.m. on Wednesday, March 5, 2014.
A sponsored meal and educational program will be provided along with an opportunity to view the sale cattle.
The supper and program are open to the public. Please RSVP to Mari Quinn at 662-325-3516 or mquinn@ads.msstate.edu if you plan to attend the Wednesday evening activities.

The Wax Company Scholars

Wax Scholars 2014 Video

We thank The Wax Company for continuing their tradition of supporting the youth of our association by the presentation of 33 scholarships, as well the Foundation awards that were funded by their endowment contributions.
For 21 years, Barry Wax and The Wax Company have dedicated part of their sales of Marshall and Jackson Ryegrass to help MCA families educate their children.

MythBusters Workshop

Beef MythBusters Workshop will be held Tuesday, March 11 at Mississippi State with remote broadcasts in Hattiesburg, Oxford, Raymond, and Magnolia.
Advance reservation is $35 per person and at the door, $50. Print the brochure here.

Know your brix?

The February issue of Forage News is now available.

First South Chili Cookoff

First South Farm Credit sponsored the Chili Cookoff for culinary students from the Rankin County campus of Hinds Community College.
Judges for the event were Eric Clark, Nelda Starks and Joe Johnson.

Free BQA Training

Free Beef Quality Assurance training is available online thanks to Boehringer Ingelheim Vetmedica, Inc. The free program ends April 15.
The free online certification can be accessed here.

Got time on your hands?

Watch the live video feed of the eagles' nest at Berry College, Georgia.

Man of the Year

Ken Lewis was named Man of the Year among members of the Allied Industry Council for his many years of support for cattlemen's association activities.

Get the "cattlemen's" car tag

Support the Mississippi Cattlemen's Foundation program of scholarships and educational programs by putting the "cattlemen's" tag on all your vehicles.
It can replace all car, farm and "B" tagged vehicles.

Save The Dates!

Cattlemen's College will be held August 27 and 28.

2.24.14

Cattle Market
Notes

Dr. John Michael Riley

February 21, 2014

Cash Cattle:

Cash cattle and beef prices improved. The five-area live fed steer price ended Friday at $142, up 1 cent per hundredweight from last Friday, while dressed steers were at $230, up $7. In the Texas Panhandle and Southwest Kansas live sales were at $145. In Nebraska, most live sales were from $144-$145 and dressed cattle were from $230-$231. Similar results were reported in the Western Cornbelt with live and dressed at $144-$145 and $230, respectively.
Oklahoma City finally returned to normal this week with total receipts at 10,562 compared to last week's 3,687. Feeder steers were called steady to $2 higher and feeder heifers were steady. All calves were $5-$7 higher. Mississippi auction markets, calves were mostly steady, while feeder steers were about $3 higher and feeder heifers were $5-$6 higher. Cull cows were about $4 higher and bulls were steady to higher.

Futures:

Livecattle futures ended the week mostly steady, with the front month (February) contract posting the only noticeable gains. The week was cut short by one day since markets were closed Monday for President's day. Tuesday all contracts showed the most strength as the turnaround in boxed beef prices and positive sentiment in equities provided upward momentum. The dip in wholesale boxed beef coupled with weakness in the housing market brought about pressure to close the week. After markets closed, USDA reported that 10.8 million head of cattle were in feedlots with 1,000 head or more captivity on February 1, 2014, a drop of 3% but higher than the 10.6 million that was expected. For more on the report click HERE.
Corn prices were higher this week. Prices worked their way up until Friday when weakness in exports surfaced. Nevertheless, exports have been positive through the start of the calendar year. Ethanol blending is also providing support to the market. USDA began releasing outlook information this week as well. Dr. Williams has more on that

HERE.

Beef:

Beef prices finally found a way to stop the hemorrhaging and this week posted gains of $4.15 and $2.79, respectively, for Choice, at $212.98, and Select, at $210.69. The momentum built through Thursday before sliding lower on Friday.

Calendar

February

27 Scott CCA

27 Oktibbeha CCA

March

4 Madison CCA

4 Calhoun CCA

5 BCIA Dinner

6 Hinds/BCIA Bull Sale

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