July
8 Simpson Co. Field
Day, Mendenhall
10 Warm-season
Forage Tour, MSU
15 Forage Field Day,
Corinth
17 GLCI Pasture
Party, Flora
August
4 Homeplace Board
Sale, Hattiesburg
8 Deep South Stocker
Conference,Meridian
27, 28 Cattlemen's
College
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Follow
Mississippi
Beef Council on:  #msbeefcouncil MsBeefCouncil  MSbeefcouncil
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 Who can vote?
1) Any registered voter who did not vote on June 3.
2) Anyone who voted in the Republican primary on June 3.
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Our thanks to everyone who helped make Making Tracks great! The Wax Company, Mississippi State University, Mississippi Cattlemen's Foundation, Little Creek Farm, Prairie Livestock LLC, Town Creek Farm, Larry DeMuth, Dr. Nancy Jackson, Nelda Starks, Dr.John Blanton and the Animal & Dairy Sciences Department staff.
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Forage Newsletter
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 Check out the latest issue of the Forage Newsletter from Mississippi State University. |
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ADS Alumni?
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Calling all ADS alumni! 
The Mississippi State University Animal and Dairy Sciences Department is in the process of updating their alumni contact database.
Please send your name, email address, phone number, and mailing address to sbabb@ads.msstate.edu or call 662-325-2802 with this information.
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BCIA Newsletter  What are custom services charging for cattle processing and hauling? Find this and more in the June issue of Mississippi Beef Cattle Improvement Association newsletter.
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Hong Kong Market Reopens
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Agriculture Secretary Tom Vilsack announced last week that the United States and Hong Kong have agreed on new terms and conditions that pave the way for expanded exports of U.S. beef and beef products to Hong Kong.
"This is great news for American ranchers and beef companies," said Vilsack. "Hong Kong is already the fourth largest market for U.S. beef and beef product exports, with sales there reaching a historic high of $823 million in 2013. We look forward to expanded opportunities there for the U.S. beef industry now that all trade restrictions are lifted," Vilsack said.
Under the new terms, Hong Kong will permit the import of the full range of U.S. beef and beef products, consistent with access prior to December 2003.
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Save the date! Join us on August 27 in West Point or August 28 in Brookhaven for Cattlemen's College 2014. Forage Specialist Dr. Don Ball will be on hand each day with a presentation that will help improve your pasture and hay program. A summer annual is being planted at Mathis Farm today for the grazing demonstration in Brookhaven.
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Cattle Market
Notes
Dr. John Michael
Riley
June 13, 2014
Cash Cattle:Cash fed cattle were higher this week. The five-area weighted average steer price for the week ended Friday was $149.37, up $4.24 from the previous Friday, and dressed steers averaged $236.38, up $4.54. Live cattle sold at $147 in the Texas panhandle and at $148 in Kansas on Thursday. In Nebraska, live and dressed sales were reported at $150 and $236-$238, respectively, on Friday. Sales in the Western Cornbelt were $148-$150 and $235-$238, respectively for live and dressed.
Feeder steers in Mississippi auctions this week were $5-$7 higher and feeder heifers were steady to $5 higher. Steer calves were mostly $10 higher and heifer calves were steady to $5 higher. Cull cows and bulls were mostly steady. Feeders in Oklahoma City's auction were $3-$6 higher with heavy weights up $8-$10. Calves in OKC were $10-$15 higher.
Futures:
What a week! Live cattle futures ended Friday higher with most contracts up $4-$5 (the largest gains of $6.80 were seen on the nearby June contract). Futures were able to shake off a negative tone (mediocre at best) to equity markets and the general economy. Cash markets provided support as well as the continued premium of cash versus futures. The biggest gains were seen in feeder cattle futures. Now all posted contract months are above the $200 mark as all contracts were $7-$8 higher on the week. Rains across Texas and the southwest have invigorated the market. All eyes will be on Friday's Cattle on Feed report, so expect some maneuvering leading up to that.
Corn futures were about 9 to 14 cents lower this week. Wednesday's USDA supply/demand and crop reports were on par with the May report. Rains in the Southern Plains provided some comfort about the crops in those states and both progress and condition ratings continue to add pressure.
Beef:
Wholesale boxed beef prices were steady for this week. Choice boxes averaged $231.80, down $0.01. Select boxes edged higher throughout the week and ended with an average of $222.86, up $0.48.
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