Monday Memo
July 10, 2017
 
 
 
 
 
 
NCBA Helps Celebrate U.S. Beef to China
In a historic ceremony, the National Cattlemen's Beef Association (NCBA) helped formally welcome the first shipments of American-produced beef into China since 2003.
NCBA President Craig Uden joined U.S. Agriculture Secretary Sonny Perdue, U.S. Ambassador to China Terry Branstad, and Chinese officials at the ceremony in China's capital of Beijing. The highlight of the event came when Uden and Perdue participated in a joint ceremonial "Cutting of the Prime Rib."
"Restoring U.S. beef access to China has been a top priority for many years, and we are excited to have the opportunity to provide Chinese consumers with safe, tender, and delicious U.S. beef once again," Uden said at the ceremony.  
Long a supporter of international trade and greater access to foreign markets, NCBA has worked since 2003 to help restore access to China's more than 1.3 billion consumers for America's cattle and beef producers. Those efforts finally bore fruit earlier this year, when the Trump Administration announced that U.S. and Chinese negotiators had reached agreement on the final protocols that would break the nearly 14-year logjam.  
The appetite for American beef has grown tremendously in Asia in recent years, with Japan, South Korea, and Hong Kong rapidly becoming three of the world's top five importers of American-produced beef. NCBA said it will continue to fight for greater and fairer access to foreign markets for American producers.
"Regaining access to the world's largest market is a huge step in the right direction," Uden said. "But we still have a lot of work to do, like negotiating a bilateral trade agreement with Japan that puts us on even ground with our competitors, and ensuring that the renegotiation of NAFTA doesn't mess up the great deal we've had with our consumers in Canada and Mexico for years."
 
 
 
 
 
Registration Is Now Open
The ninth annual Deep South Stocker Conference will be held August 3-4, 2017 in Starkville, MS. This year’s program will offer a combination of seminars, demonstrations, as well as tours. The cost of this year’s conference is $100. This includes all of the seminars, demos, notebook, tour, lunch on Friday, and dinner. For more information on the program, registration, and location, please navigate the website or call your local Extension office.

Topics include:
 Justifications of Stockmanship and Stewardship
• Consumer Perceptions of Common Production Practices and Animal Welfare
• Impact of Stress and Handling on Cattle Performance
• Economics of Best Management Practices
Practical Stewardship
• Best Management Practices for Castration, Dehorning, and Euthanasia
• Forage and Nutrition Planning
Practical Stockmanship
• Reading Cattle Behavior and Teaching Cattle to Respond
• Low-stress Cattle Handling – on horseback
• Low-stress Cattle Handling – on foot
Best Management Practices
• Environmental Stewardship Hot Topics
• Combating Cowboy Tendencies
 
 
 
 
 
Cattle Quick Thoughts
The European Union (EU) and Japan agreed in principle to the Economic Partnership Agreement (EPA) this week. This is a large scale trade agreement of which beef is just one piece. This agreement will lower the import tariff for EU beef entering Japan in the coming years. Currently, EU beef imported by Japan is subject to a 38.5% tariff, the same as the tariff for U.S. beef. However, under the EPA, the import tariff for EU beef is proposed to gradually decrease to 9% over 15 years. This is significant for U.S. beef producers because it gives beef producers in the EU a trade advantage. The EPA will lower the cost of EU beef for Japanese buyers when compared to U.S. beef. The EU is not a major competitor to the U.S. for Japan sales currently, but lower tariffs are likely to increase imports from the EU. This could erode the U.S. market share of beef in Japan. Lowering tariffs through this type of agreement is what the Trans-Pacific Partnership (TPP) would have done for U.S. beef. Australia already has a similar deal in place with Japan that provides lower import tariffs. Japan is one of the largest buyers of U.S. beef with a total value of over $1.5 billion in 2016. The EPA is anticipated to be implemented in early 2019.
Source: Josh Maples, MSU Extension
 
 
 
 
 
MS Beef Expo
Make plans now to attend the 2017 Mississippi Beef Expo to be held December 1-3 at the Mississippi State Fairgrounds in Jackson, Mississippi. 
Schedule of events:
FRIDAY, DEC. 1ST
6:30 pm | Show Heifer Sale 
SATURDAY, DEC. 2ND | CATTLE SALES
9:00 am | Commercial Pen of 3
10:00 am | Red Angus
11:00 am | Hereford
12:30 pm | Angus
2:00 pm | Brahman/Brangus
3:00 pm | Charolais
4:00 pm | Simmental
6:00 pm | Jr. Showmanship
SUNDAY, DEC. 3RD | JR. SHOW
8:00 am | Jr. Show Buckle Show
There will also be a trade show in conjunction with the Expo.
Now Accepting Consignments and entries. For more informations go to msbeefexpo.com
 
 
 
 
 
Applications Being Accepted For The Thad Cochran Agricultural Leadership Program
The Thad Cochran Agricultural Leadership Program (TCALP) is the premier educational and personal development opportunity for emerging leaders in the agriculture industry in Mississippi. Through a series of rigorous seminars, class members will develop team building skills including collaboration and conflict management, and they will enhance their communication and professionalism abilities. Participants will gain exposure to successful and innovative businesses to improve economic literacy amd community decision making practices, and they will sharpen their awareness of policy-making and legislative processes through governmental analysis coupled with an investigation of influence. 
Class members will be selected through a competitive application process. Applicants chosen to participate will commit to attending approximately 35 days of intensive education over the course of the 2-year experience. The advisory council and program director will strive to select class members that represent the breadth and diversity of the agricultural industry across the state of Mississippi. Applicants may be farmers, ranchers, agribusiness owners or operators, or otherwise associated with the agriculture industry through their primary occupation.
Deadline is July 15th. For more click here.
 
 
 
 
 
Pasture Party 
On Thursday, July 20 in Canton the Pasture Party and Cattle Seminar will be held at the Canton Multipurpose Complex. Ray Archuleta, Soil Health Consulting, LLC will speak about Soil Health. Registration begins at 5:30 with the program starting at 6:30 p.m. Admission is free but please contact the Madison County Extension Office at 601-859-3842 to help with refreshment planning.
 
 
 
 
Cattle Market Notes
Week Ending July 7, 2017
Dr. Josh Maples

Cash Cattle:
Cash traded fed cattle prices were down slightly on average this week. Fed steers were down $1.13 to an average of $117.52 for live sales through Thursday. Dressed steers were down $2.08 to an average of $187.87.
Mississippi and Oklahoma auctions were closed this week for Independence Day. I hope you enjoyed beef while celebrating our great nation.

Futures:
Cattle futures prices were lower again at the end of the week. August live cattle were down $1.03 to $115.25 while October live cattle were down $1 to $114.15. August feeder cattle were down $2.70 to $145.50 while September feeder futures were down $2.85 on the week to $145.50. Corn futures prices were up this week with July and September each up 11 cents to $3.81 and $3.91, respectively.

Beef:

Boxed beef values continued to slide this week. Choice boxes averaged $221.09, down $9.95 from a week ago. Select boxes averaged $204.76, down $8.07 from last week. The choice-select spread was $16.33, down $1.48 from last week.

 
 
 
 
 





July
20 - Kemper CCA
20 - Pasture Party, Canton

August
3-4 - Stockman & Stewardship, Starkville
 
 
 
 
 

Total Recipe Time: 45 to 55 minutes
Makes 4 servings
 
 
 
 
 
Silence? Check.
Access? Check. Arrowquip’s
Q-Catch 86 Series has it all.
 
 
 
 
 

Express Grain
We are now operating a soybean processing facility in
Greenwood, MS
Products include soybean meal, loose soybean hulls, soybean hull pellets, and soybean oil. 
 Products are available for pick-up or delivery
Please call
662-453-0800
for pricing
or visit
or check us out on facebook at express grain terminals
 
 
 
 
 
Mississippi Hosts Jr. Nationals
Mississippi is hosting over 300 Junior Simmental and Simbrah Contestants during the 2017 National Classic.
Watch the 2017 National Classic, LIVE on Facebook. The broadcast can be found on the American Junior Simmental Association (AJSA) Facebook page.
 
 
 
 
 
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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