May 16, 2016


Monday Memo


Cattle Market Notes 
Dr. Brian Williams​
Week ending May 13, 2016

Cash Cattle:
Cash traded fed cattle were higher this week. The five-area fed steer price for the week of May 5-May 12 averaged $132.63 for live sales, and $208.55 for dressed; respectively, up $14.60 and $18.57. Total volume sold was unchanged from a week ago and up 21,000 head from last year.
Feeder steer cattle and calves were mixed across the U.S. this week. Oklahoma City feeder cattle were $5.00 higher for lightweights and $8.00 higher for heavier cattle. Mississippi pasture conditions are relatively good this spring with 71% rated good or excellent, unchanged from a week ago.  In Mississippi auctions, lighter weight feeders weighing 450-500 pounds were $7.50 higher from a week ago, averaging $167.50, while heavy steers were averaging $127.50, unchanged from last week.

Live cattle futures and feeder futures were mixed this week. June live cattle were up $2.68 on the week and $28.98 lower than a year ago at $123.55, while August live cattle were up $0.80 from last week and down $32.03 from a year ago. Feeder cattle were mixed this week with May futures up $0.15 from last Friday and down $71.15 from a year ago at $147.85 while August futures are down $0.07 on the week. Nearby corn futures are up $0.13 from a week ago at $3.90 while September futures are up $0.14.

Wholesale boxed beef prices are higher compared to a week ago. Choice boxes averaged $213.00, up $7.28 from a week ago and $49.07 lower than a year ago. Select boxes ended the week with an average of $201.72, up $5.23 from last week. The choice-select spread widened from $9.23 a week ago to $11.28 this week.


Total Recipe Time: 55 to 65 minutes
Makes 4 servings.

19 - Alfalfa Hay Production Field Day, Costal Plain Experiment Station
19 - Lee CCA
20Gain on Forage Bull Test Field Day, Tylertown 
21- Beef Unit Field Day, Mississippi State
21- MSU Block & Bridle/Judging Team Alumni Meeting, MS State
21- MS/LA Beef and Forage Field Day, Tylertown
26 - BQA Training Simpson County, Mendenhall

13-15 - MJCA Making Tracks, Starkville 

May 21, 2016
Navasota, TX
Johnson Cattle Marketing

MCA 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.
Also, that day is BEEF Day at the Ball Park during the MSU baseball game sponsored by Mississippi Beef Council. Don't forget the MSU Block and Bridle/Judging Team Alumni meeting after lunch at the Beef Unit. Make your plans to attend!
MCA Turns Seventy
MCA has been blessed to receive items from cattlemen over the years to add to our collection that highlights the history of the cattle industry in Mississippi. One such item on display is the horns from the 1913 Grand Champion Hereford Bull at the International Livestock Expo in Chicago. This unique item was donated by the Fred "Hoss" Shaw Family. 
Pictured below is a commemorative bell presented to Micky Black, past MCA president, for registering the 100,000th animal into the ASA Herd Book.  
These and many other items can be seen on display at the MCA office.
Promoting BEEF
On Saturday morning MBC staffer, Nancy Strickland was in Hernando for the weekly farmers market helping promote Mississippi raised BEEF. Information was given out on nutrition, beef safety, as well as recipes. 
World Supply Estimates
The United States Department of Agriculture’s World Supply and Demand Estimates were released on Tuesday morning (May 10, 2016). Beef production for 2015 was unchanged from last month’s estimate at 23.69 billion pounds. Looking ahead to 2016, beef production is expected to be up 1.112 billion pounds from last year at 24.81 billion pounds. The first projection for 2017 beef production was also released. An estimated 25.79 billion pounds of beef are expected to be produced in 2017. Per capita consumption for 2016 was lowered by 0.3 pounds per person to 54.7 pounds per person. On the crop balance sheet, corn ending stocks for the 2015/16 crop were estimated to be 1.803 billion bushels, down 59 million bushels from last month’s estimate. The first estimates for the 2016/17 crop year were also released and 2016/17 ending stocks are expected to be 350 million bushels higher than the 2015/16 stocks at an estimated 2,153 million bushels.
BEEF Billboards
Look for MBC's BEEF billboards in South Mississippi during the summer months. Billboards will be in Laurel, Wiggins, and Hattiesburg promoting BEEF. The digital billboards will feature several BEEF messages throughout the summer, everything from salads to steaks. 
MS Simmental/Simbrah Junior Field Day
On June 3-4 the Mississippi Junior Simmental/Simbrah Association will hold a field day hosted by Fenton Farms in Ellisville, MS. 
The event will kick off on Friday at noon with registration and cattle check-in. The afternoon will have practices for judging, sales talk, and cattleman's quiz. 
Saturday will begin with showmanship at 9 a.m. followed by a junior show. 
For more information and to register contact: Debbie Smith,
Making Tracks
MJCA members are invited to attend the Wax Junior Leadership Camp June 13 - 15 at Mississippi State University. 
Click here for the Making Tracks application. Deadline is fast approaching so get your applications in!

Tell Your BQA Story
The beef checkoff’s Beef Quality Assurance (BQA) program is kicking off a Facebook photo contest on May 9, 2016. Beef and dairy producers are encouraged to enter the ‘BQA is my story, what’s yours?’ contest by sharing their BQA story in the comments of one of the four BQA contest specific posts.
Each week, the BQA program will select one person as the weekly Facebook Story and Photo Contest winner to receive a BQA vest valued at $50. Following the contest, one of the four weekly winners will receive an Omaha Steaks package valued at $250. The grand prize winner will be announced June 13, 2016.
Alfalfa Hay Production Field Day
On Thursday, May 19 there will be an Alfalfa Hay Production and Equipment Field Day at the Costal Plain Branch Experiment Station in Newton. Topics will include: Establishment, Pests and Diseases, Inter-seeding, Harvest Management, and a Baleage Demonstration. To register contact Jenna Mosley at (601) 683-2084.
BQA Training Scheduled
The Mississippi Beef Quality Assurance (MS-BQA) Program identifies areas in beef production where defects in quality occur. The MS-BQA Program is a cooperative effort between beef producers, veterinarians, nutritionists, and professionals from the Mississippi Cattlemen’s Association, Mississippi Farm Bureau Federation, MSU Extension Service, and MSU College of Veterinary Medicine, who believe that cattle managed under BQA guidelines will be less likely to contain a violative residue, injection-site tissue damage, or foreign metal such as broken needles.
Several face to face BQA trainings are scheduled  throughout the state. These meetings are being hosted in partnership with local sale barns. A certification fee of $15 is required and includes manual, vaccine cooler, and bumper sticker. Certifications begin at 6:30.
May 26, 2106 - Simpson County, Mendenhall
Allied Industry Members

680 Monroe St. Suite A • Jackson, MS 39202 |  601·354·8951