January 16, 2017

 
 
 
 

Monday Memo

 
 
 
 






Dr. Josh Maples
For the Week Ending
January 13, 2017

Cash Cattle:
Cash traded fed cattle were up $0.67 this week to an average of $118.44 for live sales compared to $117.67 last week. Very little volume was reported this week, however, with only 8,680 head reported for the week – down from 72,821 last week.
The first reported prices in 2017 for Oklahoma City 500-550 pound steers averaged $156.26 while 750-800 pound steers averaged $132.68. During this week in Mississippi auctions, lighter weight feeders weighing 450-500 pounds averaged $139.00, while heavy steers averaged $113.50.

Futures:
Live cattle futures and feeder futures rallied this week. February live cattle were up $3.66 on the week at $118.48, while April live cattle were up $3.60 to $117.8 over last week. January feeder cattle were up $1.80 from last Friday at $130.30 while March futures are up $5.20 on the week at $129.23. March and May corn futures are each up a penny from a week ago at $3.59 and $3.66, respectively.

Beef:                                                                                           
Wholesale boxed beef prices are declined this week with choice boxes averaging $192, down $9.84 from a week ago. Select boxes ended the week with an average of $188.59, a decrease of $5.03 over last week. The choice-select spread shrunk to just $3.41 this week.
 
 
 
 
 



January

19 - Lee CCA
19 - Alcorn CCA

February

1-3 - Cattle Industry Convention and NCBA Trade Show, Nashville, TN
10-11 - MCA Convention and Dixie National Farm Expo., Jackson 
 
 
 
 
 

STEAK KABOBS WITH CARAMELIZED ONION RELISH

  
Total Recipe Time: 35 to 45 minutes
Makes 12 appetizer servings
 
 
 
 
 
 
Mississippi Dixie National Simmental Sale
February 11, 2017
Jackson, MS
Simmental, Simbrah, Angus, SimAngus, & Red Angus
To learn more click here
 
 
 
 
 
Nominate A Young Cattlemen
With the beef industry changing so rapidly, identifying and educating leaders to help guide and strengthen the industry has never been so important. 
MCA is looking for producers ages 20 to 40 who are potential leaders and who are interested in learning more about MCA policy. 
Applications are being accepted for the 2017 YCLS class. Contact the MCA office for information and nomination forms.
 
 
 
 
 

Merck will reward MCA for each Ralgro wheel we collect before the February convention.
Bring your wheels to any MCA event and give them to an MCA officer.
 
 
 
 
Supreme Court Agrees to take EPA WOTUS Rule
 
 
 
Scott Yager, National Cattlemen’s Beef Association environmental counsel,  released the following statement in response to the U.S. Supreme Court’s decision to grant the cert petition for the industry coalition lawsuit challenging the Environmental Protection Agency on its “waters of the United States” rule:
“The Supreme Court’s decision to hear our appeal is a victory for America’s cattle producers and all private property owners across the country. It shows that the Court has a continued interest in private property rights and we look forward to oral arguments this spring.”
 
 
 
 
 
Make Plans To Attend The MCA Convention
Make plans for you and your family to attend the 2017 MCA Convention and Dixie National Farm Expo. 
Events will kick off Friday night at 6:30 in the Trade Mart for the Cattlemen's Round Up & BBQ. This great event will have good food, games, and live music from Southern Grass. This great event for the family will also include the  Live Auction featuring items for your home and farm. 
Saturday will begin at 9:00 a.m. with the opening of the Dixie National Farm Expo featuring vendors from all aspects of agriculture. The Annual Membership Meeting will begin at 9:30 and will include legislative updates, a market outlook, as well as featured speaker, Steve Dittmer.​​​​​​​
The highlight of the convention will be the Awards Luncheon on Saturday where we will award over $60,000 in scholarships and honor outgoing president, Paul Whitlock.
Make your plans to attend this great event!
 
 
 
 
 
Central Mississippi Heifer Sale
On Saturday producers from across the state were in Raymond for the Central Mississippi Replacement Heifer Sale. The group of 99 heifers averaged $1803. 
Before the sale the consigners honored Mike Keene and Roy Higdon. Keene and Higdon will be retiring from the MSU Extension Service this month. 
 
 
 
 
 
Dixie National Farm Expo
The Dixie National Farm Expo on 
February 10 & 11, will be a must attend event for anyone in agriculture. Static exhibits along with equipment demos, and
educational opportunities combine to make a great farm show. 
All livestock species will be represented 
during the Dixie National Farm Expo along with tractor, animal health, feed and 
equipment vendors. This will be a one stop agricultural marketplace for those attending the  Dixie National Livestock Show and Rodeo. 
Over 40 exhibitors will be on hand displaying their products and talking to you about how their products can benefit your operation. This is a unique opportunity for you to visit with many companies and see all the latest products.
If you or your company would like to have a booth at the expo please contact LeAnne at the MCA office.

Farm Expo hours:
Friday, 4:00 p.m. - 8:00 p.m.
Saturday, 9:00 a.m. - 4:00 p.m.
 
 
 
 
 
BQA Meetings 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.

Thursday March 9, 2017 - Ezra Garner Memorial Market Building, Prentiss
Tuesday March 14, 2017 - MSU College of Veterinary Medicine, Starkville
Thursday April 6, 2017 - The Family Fish Camp, Meridian, MS
 
 
 
 
 
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
 
 
 
 
 

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

www.mscattlemen.org

Join MCA

 
 
    
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