Mississippi Cattlemen's Association

MythBusters Tomorrow

Beef MythBusters Workshop will be held Tuesday, March 11 at Mississippi State with remote broadcasts in Hattiesburg, Oxford, Raymond, and Magnolia.
Get the facts on beef's production, processing and environmental impacts at this informative workshop.
More information is available online.
Registration fees include the course notebook and lunch.

'Til the Cows Come Home

MSU Collegiate CattleWomen will sponsor a 5K Walk/Run on April 5 on the South Farm.
The event will feature "Beefy" events and meals. Visit the CattleWomen's Facebook page for details.
Participants may pre-registration online by March 26.

Club Calf Sale

The Mississippi Club Calf Association Sale will be held Saturday, March 30 at the Newton County Show Barn. The sale begins at 2:00 p.m. with 30+ quality steer and commercial heifers consigned.
For details, go the the MCCA website.

We are seeking contestants for the Mississippi Beef Ambassador contest. The winner will represent the beef industry at events around the state and compete in the national contest in Denver.

The competition is open to applicants 16 to 20 years old.

Contact the Mississippi Beef Council office, 601-353-4520, for details.

Legislative Cookout

MCA will host the annual cookout for members of the Mississippi Legislature at noon Wednesday.
Contact your elected legislators and remind them that they have a great ribeye steak sandwich and homemade dessert waiting for them.

Cajun Beef Pepper Steak

Total recipe time: 25 to 30 minutes

Makes 4 servings

It's time to start thinking about warm-season forages and for the latest, read the March issue of the MSU Forage Newsletter.

Save The Dates!

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

National

Bid on a John Deere Gator

Support the National Cattlemen's Beef Association's work by bidding on a new 2014 John Deere Gator XUV.
NCBA is conducting an on-line sealed bid auction of one 2014 Gator 825i 4x4 XUV.
All of the proceeds will go directly to support NCBA's work on issues that directly impact your cattle business.

3.10.14

Cattle Market

Notes

Dr. John Michael Riley

March 7, 2014

Cash Cattle:

Following last week's new records, cash fed cattle price pulled back just a bit this week. The five-area live and dressed price ended Friday at $149.13 and $238.29, respectively down $1.51 and $1.69. All regions except Nebraska did not have enough cash negotiated sales to determine a market trend. In Nebraska, live and dressed sales were at $150 and $237-$240.

Steers and heifers in Oklahoma City were higher in, yet another, winter weather limited sale. In Mississippi auction markets steers were about $5 higher and heifers were mixed. Cull cows and bulls were $3-$5 higher.

[ ... For Livestock Prices and Production Information CLICK HERE ... ]

Futures:

Cattle futures were mostly higher (excluding the nearest April contract). Prices were a bit wild mid-week as they jumped higher on Tuesday before turning sharply lower the next day. The uneasiness in Ukraine and Russia put corn prices on edge, which spilled over into cattle futures. Feeder cattle futures were higher, especially as the contract month moved out. Also in the news this week was the jobs report on Friday. The U.S. added 175,000 jobs in February, higher than the expectation of 149,000, but the unemployment rate rose 0.1% to 6.7%. The extreme weather continues to be an issue as the unemployment survey indicated more respondents had to work part-time. Also, the length of the workweek was the lowest since January 2011. The report helped equity markets remain at record levels, despite the troubles in Eastern Europe.
Corn futures moved about $0.20 higher this week. The issues in Ukraine, a major corn and wheat exporter - typically in the top five for corn exports and around the number 5 spot for wheat, led to higher prices for most of the week.

Beef:

Boxed beef rallied in the wake of higher fed prices, reminiscent of the first few weeks of January this year. Choice boxed beef finished with a weekly average of $233.40, up $13.80. Select averaged $231.07, up $13.98.

Calendar

March

11 Mythbusters

12 Legislative

Cookout

13 Tippah CCA

20 Webster CCA

20 Wayne CCA

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