June 20, 2016

 
 
 
 

Monday Memo

 
 
 
 

Cattle Market Notes 
Dr. Brian Williams​
Week ending June 17, 2016

Cash Cattle:
Cash traded fed cattle were lower this week. The five-area fed steer price for the week of June 9-June 16 averaged $121.03 for live sales, and $195.03 for dressed; respectively, down $5.78 and $7.84. Total volume sold was up 12,000 head from a week ago and up 54,000 head from last year.
Feeder steer cattle and calves were lower across the U.S. this week. Oklahoma City 500-550 pound steers were down $5.00 while heavier 750-800 pound steers were down $4.00. Mississippi pasture were steady this week with 63% rated good or excellent, down 1% from a week ago.  In Mississippi auctions, lighter weight feeders weighing 450-500 pounds were down $10.00 from a week ago, averaging $145.00, while heavy steers were averaging $120.00, unchanged from last week.

Futures:
Live cattle futures and feeder futures were lower this week. June live cattle were down $5.68 on the week and $35.35 lower than a year ago at $116.55, while August live cattle were down $5.03 from last week and down $38.18 from a year ago. Feeder cattle were also lower this week with August futures down $8.10 from last Friday and down $86.25 from a year ago at $137.18 while October futures are down $7.53 on the week. Nearby corn futures are up $0.13 from a week ago at $4.37 while September futures are also up $0.15.

Beef:
Wholesale boxed beef prices are mixed compared to a week ago. Choice boxes averaged $225.53, down $0.07 from a week ago and $24.34 lower than a year ago. Select boxes ended the week with an average of $202.54, up $0.75 from last week. The choice-select spread narrowed slightly from last week’s record of $23.81 to $22.99 this week.
 
 
 
 
 

ONE-DISH BEEF STROGANOFF


Total Recipe Time: 30 to 35 minutes
Makes 4 servings
 
 
 
 
 


June
21 - Alcorn CCA
21 - Greene CCA
28 - North MS 4-H Cookout
29 - South MS 4-H Cookout


July
15 - Alabama Stock Cattle Short Course, Greensboro, AL

August
1 - Homplace Producers Feeder Calf Board Sale, Hattiesburg
5 - 4-H/FFA Replacement Beef Heifer Development Contest, Raymond

 
 
 
 
 
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.
 
 
 
 
 
Need A New Tag?
Show your MCA support by purchasing a colored beef tag for the front of your vehicle. These metal tags can be purchased for $12. Call the MCA office for more details.
 
 
 
 
Making Tracks 2016 Hosted 45 Young Leaders
 
 
 
Forty-five junior cattlemen from across the state attended the 24th Annual Making Tracks Leadership Camp last week in Starkville. They started camp by talking to Emma Jumper about Advocating Agriculture and visited the Farm Week production set. 
On Tuesday attendees traveled to Prairie Livestock Incorporated and Town Creek Farm for a tour.
They also learned about meat grading, food flavors, calf pulling, and beef product marketing. 
Thank you to The Wax Company, MSU Animal and Dairy Science Department, MSU Extension Service, MSU College of Veterinary Medicine, Prairie Livestock Inc., and Town Creek Farm for helping make this camp a success. 

 
 
 
 
BCIA Newsletter
The June 2016 issue of the Mississippi Beef Cattle Improvement Association newsletter is now available.  Current and past issues of the MBCIA newsletter are available online click here.
 
 
 
 
 
Interior Appropriations Bill Advances through Committee
The House Committee on Appropriations favorably reported the FY 2017 Interior and Environment appropriations bill to the House of Representatives by a vote of 31-18. The bill addresses a number of priorities for the livestock industry, including language regarding the Greater Sage Grouse and full defunding of EPA’s problematic “waters of the United States” rule.
“The bill maintains the one-year delay on further rulemaking or listing of the Greater Sage Grouse under the Endangered Species Act and prevents implementation of federal management that is inconsistent with successful, ongoing state management of the species,” said Ethan Lane, executive director of the Public Lands Council and National Cattlemen's Beef AssociationFederal Lands. “Additionally, the bill fully defunds EPA’s ‘waters of the United States’ final rule and begins to address the abuse of the Antiquities Act by limiting the President’s ability to make sweeping designations at the stroke of pen and over local objections.”
For more click here
 
 
 
 
 
Feeder Calf Board Sale
The Homeplace Producers Feeder Calf Board Sale is scheduled for Monday August 1, 2016 in Hattiesburg, MS. This sale is unique in that cattle are marketed by video and are not on site. The primary advantage of these sales is that they accommodate a large number of feeder calves that might not all be ready to ship on a certain day by giving the flexibility to arrange for future delivery. These sales have been deemed a large success by both sellers and buyers alike.
For more information or to nominate a group of cattle please visit the Board Sale Page.
 
 
 
 
 
Stocker Cattle Short Course
A one day stocker cattle management course will be held on July 15, 2016 in Greensboro, Alabama.
Topics to be covered will include the following: Feedlots, Economics, Nutrition, Health, and Marketing. 
The event is free to all producers and lunch will be provided. Please RSVP to Brenda Glover, Animal Science & Forages REA at 334-321-8828 by Friday July 8. For more information click here.
 
 
 
 
 
Do You Have The App?
The MSUES Cattle Calculator App is now available for download for Apple and Android devices. Cattle Calculator allows beef cattle producers to make quick everyday calculations important for their operations. Calculations related to reproductive management, animal performance, and management decisions are available . Reproductive calculations include: calving date based on a known breeding date, breeding date based on a known calving date, number of days pregnant based on today's date and a breeding date, and a breeding season calculator which provides calving and breeding dates based on a set breeding season. Animal performance calculations include: Adjusted birth weight, weaning weight, and yearling weight, average daily gain and required gain. Management calculation include: dosage calculations for dewormers and medicines given an animal weight and manufacturer's recommended dosage, frame score calculations, trailer stocking density, and yield grade.
 
 
 
 
 
Allied Industry Members
 
 
 
 
 

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

www.mscattlemen.org

 
 
    
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