Monday Memo
May 15, 2017
 
 
 
 
 
 
Historic Reopening of China to U.S. Beef
Cattlemen on Historic Reopening of China to U.S. Beef: "Impossible to Overstate How Beneficial This Will Be For America's Cattle Producers"

National Cattlemen’s Beef Association President Craig Uden issued the following statement regarding the announcement from the White House that an agreement has been reached that will restore U.S. beef access to China:
“After being locked out of the world’s largest market for 13 years, we strongly welcome the announcement that an agreement has been made to restore U.S. beef exports to China. It’s impossible to overstate how beneficial this will be for America’s cattle producers, and the Trump Administration deserves a lot of credit for getting this achieved. We look forward to providing nearly 1.4 billion new customers in China with the same safe and delicious U.S. beef that we feed our families. I look forward to the day when we can serve President Trump and President Xi a dry-aged American-made New York strip in Beijing.”
 
 
 
 
 
NCBA Policy Update
Learn more about the National Cattlemen's Beef Association and current policy from Collin Woodall, Sr. V.P. of Government Affairs. To view the update click here.
 
 
 
 
 
Beef In The News
White House Spokesman Sean Spicer Discusses US Beef Access to China, Mentions NCBA's Statement watch here.
 
 
 
 
 
March Retail Meat Case Sales
March summary of retail meat case sales. Compared to a year ago:
* Beef dollar sales increased (+1.7%)
* Beef pound sales increased (+8.4%) while the total meat category decreased (-3.2%)
* Average price per pound for beef decreased (-6.2%) to $4.54/lb
* Beef retail feature activity increased (+11.1%)
* Average beef feature price decreased (-9.0%)
 
 
 
 
 
Storm Damages
The severe weather that crossed much of the state left down trees, destroyed homes, and lost power to many parts of the state. Many cattlemen and farmers in the effected areas need your help and prayers. Many producers in the area need help with tree removal and fencing. There is a need for fencing supplies if you would like to donate please contact the MCA office. 
 
 
 
 
 
Deep South Brahman Field Day 
On May 27th in Mendenhall at the Simpson County Junior Livestock Building the Deep South Brahman Association will hold a Field Day and Jr. Show. The day will begin at 10 a.m. followed by the Annual meeting at 10:30 and lunch will begin at noon. The junior show will start promptly at 1p.m. For more information please call Stacy Broached at (601) 906-2148. 
 
 
 
 
 
Register For A Free Cattle Webinar 
Have the lows been established for the cattle industry?  With the magnitude of the breaks and rallies that we have experienced across the entire cattle industry thus far that question is on everyone’s mind.  An upcoming free CattleFax webinar will address that question as well as provide an outlook for the cow-calf and entire beef industry for 2017.
 The CattleFax Trends+ Cow-Calf Webinar will be at 5:30 p.m. MT, May 24th, 2017.  To participate in the webinar and access program details, producers and industry leaders simply need to
register online.
 
 
 
 
 

Making Tracks
All MJCA members who are entering the 9th grade or older are invited to attend the Wax Junior Leadership Camp June 12 - 14 at Mississippi State University. 
Click here for the Making Tracks application.
 
 
 
 
 
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.
 
 
 
 
Cattle Market Notes
Week Ending May 12, 2017
Dr. Josh Maples

Cash Cattle:
The fed cash market was lower this week. Fed steers were down $6.83 to an average of $137.86 for live sales. Dressed steers were down $9.33 to an average of $220.53.
Feeder cash prices were mixed to mostly unchanged this week in Mississippi. Mississippi feeder steers weighing 450-500 pounds were up $1 this week to average $162.50 while 750-800 pound steers were down $2 to $135. Average feeder prices in Oklahoma City were up significantly on Monday and Tuesday. 500-550 pound steers were up $10.69 to $177.47 while OKC 750-800 pound steers were up $12.38 from last week to $148.26.

Futures:
June live cattle were down $2.68 to $125.63 while August live cattle were up $1.03 to $122.20. May feeder cattle were 80 cents to $144.58 while August feeder futures were down $1.60 on the week to $151.83. Corn futures prices were mostly unchanged this week with May down a penny to $3.62 and July even $3.71.

Beef:
Wholesale boxed beef prices continued to climb this week as we approach Memorial day weekend, a prime grilling time. Choice boxes averaged $244.55, up $12 from a week ago. Select boxes averaged $224.54, up $9.73 from last week. The choice-select spread was $20.01, up $2.27 from last week.
 
 
 
 
 





May
18 - Lee CCA
23 - Scott CCA
24 - Tishomingo CCA
27 - Deep South Brahman
        Association Field Day
27 - Neshoba CCA
 
 
 
 
 

Total Recipe Time: 30 minutes
Makes 4 servings
 
 
 
 
 

To learn more about the Easy Way T-Post Puller
 
 
 
 
 
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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