October 10, 2016

 
 
 
 

Monday Memo

 
 
 
 

Cattle Market Notes 
Dr. Brian Williams​
Week ending 
October 7, 2016

Cash Cattle:
Cash traded fed cattle were lower this week. The five-area fed steer price for the week of September 29 – October 6 averaged $100.91 for live sales, and $159.06 for dressed; respectively, down $2.45 and $2.86. Total volume sold was down 6,000 head from a week ago and up 48,000 head from last year.
Feeder steer cattle and calves were mostly lower across the U.S. this week. Oklahoma City 500-550 pound steers were down $10.00, averaging $128.81 while 750-800 pound steers were down $4.00 averaging $125.68. In Mississippi auctions, lighter weight feeders weighing 450-500 pounds were averaging $115.00, down $10.00 from a week ago, while heavy steers were averaging $89.50, down $13.50 from last week.

Futures:
Live cattle futures and feeder futures were higher this week. October live cattle were up $2.93 on the week and $29.65 lower than a year ago at $101.83, while December live cattle were up $2.80 from last week and down $34.40 from a year ago at $102.93. Feeder cattle were higher this week with October futures up $4.55 from last Friday and down $58.83 from a year ago at $127.55 while November futures are up $3.20 on the week at $122.63. December corn futures are up $0.03 from a week ago at $3.39 while March futures are up $0.03.

Beef:
Wholesale boxed beef prices are lower compared to a week ago. Choice boxes averaged $184.72, down $3.91 from a week ago. Select boxes ended the week with an average of $176.06, down $3.14 from last week. The choice-select spread narrowed from $9.43 a week ago to $8.66 this week.
 
 
 
 
 

MONSTER MASH MEATBALL SOUP


Total Recipe Time: 30 minutes
Makes 4 servings
 
 
 
 
 


October 
20 - Marshall CCA
27 - Stone CCA Bull Test
27 - Cattlemen's College, Hattiesburg
28 - Cattlemen's College, Batesville

 
 
 
 
 
 
 
 
 
Beef Barn At The Fair 
 
 
 
The Beef Barn is open for business on the Fair Grounds.   Available are your favorites like the Cattlemen's Ribeye sandwich, Bully Burger, all beef hotdog, and brisket sandwich. Stop by the  Cattlemen's Beef Barn on the mid-way, hours are from 10 a.m. to 10 p.m.
A big thank you goes to the cattlemen and cattlewomen volunteers who have helped work the Beef Barn. 
We hope to see you there!
 
 
 
 
Membership Drive
Don't forget the 2016 Membership Drive is underway! We have several exciting new prizes this year for not only winning recruiters but also winning counties. 
If your county meets its membership goal then the 
county be will put into a drawing for a dinner prepared and served by MCA steering committee and staff. 
For more information contact the MCA office. 
 
 
 
 
MJCA Elects New Board
During the MJCA State Fair Membership Meeting on Sunday morning the membership elected new board members to represent them for 2016-2017. Joseph Wyndham, of Seminary, was elected as president by the board members. Look for updates from the directors in future issues of Cattle Business in Mississippi magazine.
 
 
 
 
 
Free Webinar 
Don't Get Caught Off Guard - Preparing For Changing Antibiotic Regulations
October 27, 2016 • Time: 7 pm Central
Register now!
The new Veterinary Feed Directive (VFD) for medically important feed-grade antibiotics will take effect on Jan. 1, 2017. Join the webinar to hear the latest information on how cattlemen and the cattle industry can prepare for these changing antibiotic use regulations. Mike Murphy DVM, JD, PhD (FDA Veterinary Medical Officer, Office of the Director, Center for Veterinary Medicine) and Tom Portillo, DVM (Manager of Animal Health & Wellbeing, Friona Industries and 2016/17 President of Academy of Veterinary Consults) will provide brief presentations followed by a Question & Answer session.
Visit beefusa.org for more information and to register.  This webinar is open to all cattle producers, educators, media, allied industry, etc. - feel free to share.
 
 
 
 
 
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. 
Click here to pre-register for Cattlemen's College
 
 
 
 
 
Celebrity Grilling Contest  
Mississippi Beef Council will host a Celebrity Grilling Contest tomorrow in the Courtyard on the Midway during the State Fair. More than six teams of radio and television personalities will compete for bragging rights as the best grillers on the fair grounds. The contest begins at 10:30 a.m. 
 
 
 
 
 
2017 Convention Internships
NCBA is seeking minimum junior-level college students for a one-of-a-kind internship opportunity for the 2017 Cattle Industry Convention. Qualifying applicants must be able to work January 29-February 4, 2017 in Nashville, TN. Although this is unpaid work experience, selected applicants will receive convention registration, lodging, and some meals. Students are responsible for their own travel to and from Convention, along with incidental expenses. Please click here for more information and to apply. Applications are due on Friday, October 7, 2016
 
 
 
 
 
Wheels for Bucks
Merck will reward MCA for each Ralgro wheel we collect before the February convention.
Bring your wheels to the State Fair and drop them in the Ralgro Barrel at the Beef Barn or give them to any MCA officer.
 
 
 
 
 

Little Creek Farm
October 22, 2016
12 Noon 
Starkville, MS
See the Catalog at www.LittleCreekCattle.com
 
 
 
 
November 11, 2016
At Barnes Herefords Sale Facility • Cedartown, GA 
For more information visit: 
 
 
 
 
Allied Industry Members
 
 
 
 
 

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

www.mscattlemen.org

 
 
    
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