Monday Memo
April 17, 2017
 
 
 
 
 
 
Chinese Market Access
Expanding Markets Create Opportunity for American BEEF

Beef was a priority issue for President Trump’s meeting with the Chinese President earlier this week. NCBA worked extensively to encourage President Trump to raise the issue during his weekend trip to Florida and make reopening of the market a priority issue. Over the next 100 days the Chinese and U.S. leaders are going to identify a path forward where they’re going to address the technical barriers to trade. In recent years, China has become a major importer of beef, creating significant opportunity for American beef exports. To learn more click here.  
 
 
 
 
 

Easter Eggs & BEEF
Agriculture & Forestry Museum held their annual Easter Egg Hunt on Saturday and Mississippi Beef Council was a part of the great event.  Kids along with their parents got the chance to enjoy an all BEEF hotdog from Mississippi Beef Council. Approximately 2000 attended the event and received recipes and other BEEF information. 
 
 
 
 
 
MS Hereford Field Day
The Mississippi Hereford Association & Junior Hereford Association will host a field day Saturday, April 29th at Waggoner Farms (851 Hwy 500 East • Lena, MS 39094). Registration will begin at 9:00 a.m. with the program starting at 9:30. There will be educational demonstrations, class judging activities, and a pasture tour. Lunch will be provided. To confirm attendance, please call (601) 914-6311.
 
 
 
 
 
Krystal Moves Beef
The Country Fried Steak Krystal and Biscuit Krystal will be available today, April 17 at Krystal for a limited time. Print and use this coupon to sample these menu items which were developed through a collaboration with NCBA. The Country-Steak Krystal, is a tender all-beef steak coated in a secret blend of spices, fried to a delightful golden brown, topped with gravy and served on a soft steamy Krystal bun.
 
 
 
 
 
Beef Cattle Boot Camp
Make plans to attend the Beef Cattle Boot Camp to be held Friday, April 21st at the Leveck Animal Research Center (South Farm) in Starkville.
The daylong program will cover cattle management. This workshop offers information of interest to both new producers and veterans.
Registration fees for the Beef Cattle Boot Camp are $35 per person in advance. 
For more info click here.
 
 
 
 
 
Cattle Quick Thoughts
The big news in the cattle industry this week was the announcement that China will allow imports of U.S. beef for the first time since 2003. Practically the same announcement was made in September of 2016 and there remains no timetable for when trade could actually begin. Being able to export beef to China could be a lucrative opportunity for U.S. cattlemen. China is the most populated country in the world and has a growing middle class. The consumption of beef is also steadily growing amongst Chinese consumers, though still small when compared to U.S. consumption per person. Beef consumption per person in China in 2015 was about 8 pounds per person compared to 55 pounds per person in the U.S. The most important thing to take away from this announcement is that there is still much work to do before any U.S. beef enters directly into China. Negotiations on trade regulations must take place and will decide the specifics of the beef that China will accept. For example, China lifted the ban on Canadian beef in 2010. The fine print showed that they would accept only frozen boneless beef from cattle under 30 months of age that had not been given any beta agonists. Only in 2016 did this get expanded to add frozen bone-in beef, though the age and no beta agonist requirements still hold. The U.S. now must engage in similar trade negotiations with China. Even gaining access to a small segment of the Chinese market would be a big win for U.S. cattlemen.
by: Josh Maples, Mississippi State Extension
 
 
 
 
 
Costal Plain Forage Production Field Day
There will be a forage production field day at the Costal Plain Branch Experiment Station in Newton on May 4, 2017. 
The program will begin at 10:00 a.m. and have workshops on Forage Production Economics, Fertility Management, Grazing Management, Broadleaf Weed Control, Grazing Alfalfa, as well as a field tour. Lunch will be provided. Sponsoring the event is Dow AgroSciences. 
Registration deadline is Thursday, April 20th. To pre-register, contact Brett Rushing at (662) 769-9963 or email at brett.rushing@msstate.edu.
 
 
 
 
Cattle Market Notes
Week Ending April 14, 2017
Dr. Josh Maples

Cash Cattle:
Average cash prices were higher for nearly all cattle this week. Cash traded fed cattle were up $6.41 to an average of $128.12 for live sales. Dressed steers were up $7.97 to an average of $205.34. Fed cattle trade volume was 95,568 head.
Mississippi feeder steers weighing 450-500 pounds were up $4.50 this week to average $155 while 750-800 pound steers were up $5 at $124.50. Average feeder prices in Oklahoma City for 500-550 pound steers were up $4.59 to $170.15 while OKC 750-800 pound steers were up $1.87 from last week to $137.25.

Futures:
Cattle futures prices were up significantly this week. April live cattle were up $5.45 to $125.45 while June live cattle were up $2.93 to $114.70. April feeder cattle were up $4.05 to $137.70 while May feeder futures were up $4.47 on the week to $138.28. Corn futures prices were up this week with May and July futures up 11 and 10 cents to $3.70 and $3.77, respectively.

Beef:
Wholesale boxed beef prices were steady to slightly lower this week. Choice boxes averaged $209.94, down 4 cents from a week ago. Select boxes ended the week at an average of $198.62, down $1.38 from last week. The choice-select spread was $11.32, up $1.33 from last week.
 
 
 
 
 






April
18 - Lowndes/Clay Oktibbeha/Webster Multi-County Meeting, Starkville
18 - Kemper CCA
20 - Alcorn CCA 
20 - Lee CCA
25 - Beef Night At Ole Miss/MSU Game, Pearl
24 - Tishomingo CCA
29 - Beef Unit Field Day, Starkville
29 - MS Hereford Association Field Day
 
 
 
 
 

Total Recipe Time: 45 to 50 minutes
Makes 6 to 8 servings
 
 
 
 
 
Timberland Cattle
Angus & SimAngus
Spring Female Sale
May 6, 2017
Vernon, AL
To see a sale catalog
 
 
 
 
 
April 29, 2017
Canton, MS
To learn more 
 
 
 
 
 
Evans Angus
Performance Tested Bulls For Sale
Rusty Miller, Manager
Vaiden, MS
(662) 392-0181
(662) 237-6091
 
 
 
 
 
Renew Online!
You can pay your MCA dues online. MCA is looking out for cattle producers in Mississippi. MCA monitors the legislative and regulatory activity in Jackson and Washington, D.C. We're working every day to influence producer legislation in a manner that benefits cattle producers. Click here to learn more.
 
 
 
 
 
Allied Industry Members
 
 
 
      
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