MCA Convention & Dixie Farm Expo
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January
21 George/Jackson CCA
22 Jones CCA
22 Marshall CCA
February
4-7 Cattle Industry
Convention, San Antonio13-14 MCA Convention & Trade Show
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Wheels for Bucks
Merck will reward MCA for each Ralgro wheel we collect before the February convention.
Bring your wheels to the Dixie National and drop them in the Ralgro Barrel at the Beef Barn or give them to any MCA officer.
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Coming to Mississippi
June 9 - 12
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MCA Convention February 13 & 14
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Colin Woodall, chief lobbyist for NCBA, will be on program Saturday morning to provide an update on issues affecting cattlemen in Washington, DC. Register today for all the convention activities. No tickets will be sold at the door for the Scholarship Luncheon or President's Banquet. There are only 10 rooms remaining in the cattlemen's block at the Holiday Inn Express on High Street. Call the hotel direct at (601) 948-4466 and ask for the MCA block.
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All junior exhibitors are invited to attend the Mississippi Junior Cattlemen's Association meeting February 8 at 10:00 a.m. in the Dixie Sales Arena.
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Convention Highlights
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Dr. Mike Apley will join us to discuss the looming issue of antibiotic use in animals. A pharmacologist at Kansas State University, Dr. Apley is one of the foremost authorities on issues related to drug use in food animals. "A Taste of Beef" dinner and auction returns in 2015 with a dozen of Jackson's finest restaurants serving their favorite beef dishes on February 13 at the Agriculture Museum. The Dixie National Farm Expo is back on February 13 & 14 in the Trade Mart with the latest products and services for beef producers. MCA's Annual Convention activities include the business meeting, Scholarship Luncheon, and President's Banquet, all on Saturday, February 14.
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Measuring Beef Export Value Export sales added $359.77 per head to fed cattle in November, according to statistics released by U.S. Meat Export Federation. This is an increase of 35% from last November.
* 15% of total U.S. beef production exported in November and 14% in January-November, 2014
- Up from 14% in November of last year
- Up from 13% in first 11 months of last year
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$370M USDA Projects
As part of a new federal push to improve U.S. water quality, support wildlife habitat, and enhance the environment at the local and regional levels, Agriculture Secretary Tom Vilsack announced the USDA Regional Conservation Partnership Program (RCPP). This program uses $370 million in 2014 Farm Bill funds for 115 projects that are spearheaded and designed by regional partners across all 50 states and Puerto Rico. This year's projects in Mississippi will accomplish a wide variety of agricultural and natural resource goals. Some of these goals include improving wetland habitats while protecting and enhancing water sources in the Mississippi Delta and maintaining a critical habitat for wetland wildlife and other at-risk species. "RCPP puts our partners in the driver's seat," said Kurt Readus, USDA'S Natural Resources Conservation Service state conservationist for Mississippi. "Projects are led locally and demonstrate the value of strong public-private partnerships that deliver solutions to tough natural resource challenges."
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Cattle
Market Notes
Dr. John Michael Riley
January 16, 2015
Cash Cattle:
Cash fed cattle were lower this week. The five-area fed steers price ended the week at $163.14, live, and $263.50, dressed; respectively, down $6.74 and $7.12. Cash trades in Kanas were reported at $163-$164.50 for live cattle. Most steers and heifers in Mississippi auction markets were steady to slightly higher. Cull cows and bulls were steady. In Oklahoma City, feeder steers and heifers were $5-$10 lower. Few calves traded but those that did sold $8-$12 lower. Futures:
It was another sour week for cattle futures. Both live and feeder futures spent the bulk of the week in negative territory. Contracts finally ended the the slide on Friday. Cash markets were lower this week but wholesale beef moved higher, so the underlying sentiment was mixed. Fundamentals continue to be supportive given the limited availability of cattle and the continued support from consumers. USDA released their monthly supply and demand report on Monday (Jan 12) that increased estimated beef production in 2015 due to higher carcass weights. Corn futures were lower this week. Soybeans had the opposite result, in that the report forecast higher carryover, while traders looked for a reduction. Beef:
Wholesale boxed beef prices were higher. Choice boxes averaged $261.51, up $8.75. Select boxes ended the week at an average of $252.13, up $8.90.
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