August 1, 2016

 
 
 
 

Monday Memo

 
 
 
 
Dr. Brian Williams​
Week ending July 29, 2016

Cash Cattle:
Cash traded fed cattle were mixed this week. The five-area fed steer price for the week of July 21-July 28 averaged $118.00 for live sales, and $184.09 for dressed; respectively, up $3.35 and down $0.74. Total volume sold was down 14,000 head from a week ago and up 49,000 head from last year.
Feeder steer cattle and calves were mixed across the U.S. this week. Oklahoma City 500-550 pound steers were $3.00 lower while heavier 750-800 pound steers were steady to $1.00 higher. Mississippi pasture conditions were steady this week with 53% rated good or excellent, unchanged from a week ago.  In Mississippi auctions, lighter weight feeders weighing 450-500 pounds were averaging $135.00, up $3.50 from a week ago, while heavy steers were averaging $118.00, up $3.00 from last week. 

Futures:
Live cattle futures and feeder futures were higher this week. August live cattle were up $3.23 on the week and $32.50 lower than a year ago at $113.20, while December live cattle were up $3.05 from last week and down $35.15 from a year ago. Feeder cattle were higher this week with August futures up $3.27 from last Friday and down $70.53 from a year ago at $140.20 while October futures are up $3.00 on the week. Nearby corn futures are down $0.03 from a week ago at $3.33 while December futures are also down $0.01.

Beef:                                                                                           
Wholesale boxed beef prices are lower compared to a week ago. Choice boxes averaged $198.79, down $2.60 from a week ago and $33.94 lower than a year ago. Select boxes ended the week with an average of $189.92, down $0.85 from last week. The choice-select spread narrowed from $10.62 a week ago to $8.87 this week.
 
 
 
 
 

RIBEYE STEAKS AND SEASONED VEGETABLE KABOBS


Total Recipe Time: 30 to 35 minutes
Makes 6 servings
 
 
 
 
 



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

 
 
 
 
 

 
 
 

This Puller has a unique design that allows a single person to control the complete process of hooking onto, pulling, and then releasing the T-Post from the seat of the tractor.  There is no need to clear brush, briars or worry about snakes or fire ants in the undergrowth.  With the positive locking it will ensure the post is coming out of the toughest ground.  With it’s all steel construction and durability this Puller will give you lasting use and reliability. 
Visit our Facebook page.
 
 
 
 
 
Southern Producers Heifer Sale
The 15th Annual Southern Producers Replacement Heifer Sale will be held on August 27th in Hattiesburg. For more information click here. 
 
 
 
 
Oh, The Possibilities With Beef!
 
 
 
The checkoff’s beef innovations group includes a team of experts who inspire beef innovation to launch new products into the market. You’ve read about the commercial and consumer test kitchens, and the 12 to 30-month development process, but what constitutes a success?
Other than popular steak cuts and ground beef, most consumers do not feel confident in selecting cuts for a specific purpose. All the while, they would like to quickly cook a real meal with the same speed, ease and results as convenience foods. But they just do not have the time, planning capacity, cooking knowledge or skills to pull it all together every night.
Some of the new, ultra-convenient beef products being discussed with retailers include:
• Microwavable roasts
• Microwavable ground beef
• Skillet meals
• Delicatessen beef
• Slow-cooker pot roasts
At the end of the day, when the checkoff asks the consumer, “Considering this cut of beef, would the packaging and preparation cause you to buy it more often?” … and the answer 100 percent of the time is YES! … we would call that a beef innovations success. To learn more about how the checkoff is keeping beef top-of-mind in the protein market click here.
 
 
 
 

Back To School
A community back to school fun day was held at Ceder Grove in south Jackson. Over 175 kids along with their parents participated in the fun day. The students that came by the Beef Council booth got to spin the wheel  to win pencils and erasers promoting beef. Their parents learned the health benefits of beef for young children's diets. 
 
 
 
 
 
Save The Date!
Make plans this fall to attend one of two Cattlemen's Colleges that MCA will be hosting. The first College will be held in Hattiesburg on October 27. and the following day at Batesville in conjunction with the North MS Beef Expo. The programs are free to the public. Both programs will offer workshops on marketing, forages, animal health, and cattle grading. 
 
 
 
 
 
Cattle Heat Stress
Cattle heat stress forecasts are produced as a partnership of USDA-ARS with NOAA and National Weather Service. For more information on forecast methods and breathing rates, please visit ARS Cattle Heat Stress Forecast.
If you are interested in subscribing click here. By subscribing, you will only receive a notification when "Alert" status is forecast for the location that you select, and no more than once a day.
 
 
 
 
 

New MCA Shirts
Need a cool, new shirt for summer? If so MCA now has Drake short sleeve, vented shirts for sale in Maroon and Steel Blue. The shirts can be purchased for $45 and can be ordered by calling the MCA office. 
 
 
 
 
 
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.
 
 
 
 
 
Allied Industry Members
 
 
 
 
 

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

www.mscattlemen.org

 
 
    
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