October 24, 2016

 
 
 
 

Monday Memo

 
 
 
 

Cattle Market Notes 
Dr. Brian Williams​
Week ending 
October 21, 2016

Cash Cattle:
Cash traded fed cattle were higher this week. The five-area fed steer price for the week of October 13 – October 20 averaged $98.24 for live sales, and $154.02 for dressed; respectively, up $0.65 and $0.09. Total volume sold was up 1,000 head from a week ago and up 46,000 head from last year.
Feeder steer cattle and calves were mixed across the U.S. this week. Oklahoma City 500-550 pound steers were up $1.00, averaging $133.76 while 750-800 pound steers were down $4.00 averaging $121.25. In Mississippi auctions, lighter weight feeders weighing 450-500 pounds were averaging $111.00, down $1.50 from a week ago, while heavy steers were averaging $83.00, down $7.00 from last week.

Futures:
Live cattle futures and feeder futures were hihger this week. October live cattle were up $5.27 on the week and $39.50 lower than a year ago at $101.23, while December live cattle were up $4.58 from last week and down $44.40 from a year ago at $101.95. Feeder cattle were higher this week with October futures up $1.10 from last Friday and down $73.65 from a year ago at $121.20 while November futures are up $4.48 on the week at $119.82. December corn futures are down $0.02 from a week ago at $3.52 while March futures are also down $0.02.

Beef:
Wholesale boxed beef prices are lower compared to a week ago. Choice boxes averaged $179.99, down $2.44 from a week ago. Select boxes ended the week with an average of $169.53, down $3.36 from last week. The choice-select spread widened from $9.54 a week ago to $10.46 this week.
 
 
 
 
 

MEXICAN-STYLE BEEF SAUSAGE NACHOS


Total Recipe Time: 45 minutes
Makes 6 servings.
 
 
 
 
 


October 

25 - Tri-County CCA, Burnsville
27 - Stone CCA Bull Test
27 - Hinds CCA
27 - Pontotoc CCA
27 - Cattlemen's College, Hattiesburg
28 - Cattlemen's College, Batesville

November

10 - BCIA Bull & Heifer Sale, Raymond
17 - Webster CCA
 
 
 
 
 
Wheels for Bucks
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.
 
 
 
 
 
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.
 
 
 
 
Register TODAY! 
 
 
 
Make plans to join us this week for one of two Cattlemen's Colleges that MCA will be hosting on October 27th & 28th. The first College will be held in Hattiesburg at the Southeast Mississippi Livestock Barn on October 27, and the following day at the Batesville Civic Center in conjunction with the North MS Beef Expo.
The program begins both days at 8:00 a.m. and runs till after lunch.

Topics that will be discussed on the 27th:
Dr. Brian Williams – Mississippi State University
“Cattle Market Outlook”
Dr. James Rogers – Noble Foundation
“Forage 365”
James Ward - USDA-AMS
“Hands-on Cattle Grading Demonstration”
Jennifer Houston, NCBA Policy Division Chairman
“NCBA Updates & Policy Issues”
Jeffery Hall, Silvus - Silveous Insurance
“Crop Insurance”
Dr. Blaine Corners - Zoetis
“Veterinary Feed Directive Update”

Topics that will be discussed on the 28th:
Dr. Derrell Peel – Oklahoma State University
“Cattle Market Outlook”
Dr. Jane Parrish – Mississippi State University
“Premiums and Discounts from Mississippi Auctions”
James Ward, USDA-AMS
“Hands-on Cattle Grading Demonstration”
Cattle Producer Panel
“The Pros and Cons of Cattle Marketing Methods”
Dr. James Rogers – Noble Foundation
“Forage 365”
Dr. Blaine Corners - Zoetis
“Veterinary Feed Directive Update”
Dr. Carla Huston - Mississippi State University
“Cattle Veterinarian Practices Demonstration”

Sponsors include: Zoetis • National Grazing Lands Coalition • Mississippi Cattlemen’s Association • Natural Resources Conservation Service • National Cattlemen’s Beef Association • Mississippi State University Extension Service • Mississippi Farm Bureau • Wade Equipment •
Heafner Automotive and Hallmark Ford.
The programs are free to the public, but we ask that you pre-register for meal planning.
Click here to pre-register for Cattlemen's College
 
 
 
 
Celebrity Grilling Contest 
JT from Mississippi SuperTalk won first place in the Beef Council's State Fair Celebrity Grilling Contest but BEEF was the real winner with tons of great publicity.
Expert steak judges for the event were: MS Commissioner of Agriculture Cindy Hyde-Smith, MSU Meat Scientist Dr. Derris Burnett, and Beef Council President Joe Johnson.
 
 
 
 
 
Membership Drive Is Underway!
We have several exciting new prizes such as a 18" Stihl Chainsaw or a pair of Stetson or Roper Boots for the winning recruiters. 
For the counties that meets their membership goals then they will be put into a drawing for a dinner prepared and served by MCA steering committee and staff at their next county meeting. 
For more information contact the MCA office. 
 
 
 
 
Applications Now Online
Applications for the Mississippi CattleWomen's Association and Mississippi Cattlemen's Foundation scholarships are posted online at the MCA website www.mscattlemen.org.
Scholarships will be presented at the annual convention in February. Deadline to enter is December 20, 2016.
 
 
 
 
 
Director of Member Services
Mississippi Cattlemen's Association is taking applications for a Director of Member Services. 
For more information on the Membership Director position please click here
Interested candidates can send a cover letter and resume to andy@msbeef.org or mail to 680 Monroe Street, Suite A, Jackson, MS 39202 
 
 
 
 
 
Carcass Classification
NCBA petitioned
the USDA’s Agricultural Marketing Service to look into new guidelines for determining age and maturity in cattle. This request asked that USDA look at age determination  be expanded based on the use of dentition or documentation of actual age. 
Most (> 95%) U.S. fed steers and heifers are less than 30 MOA based on dentition assessments at the time of slaughter and, according to USDA, cattle nine to 30 MOA are expected to produce A-maturity carcasses. However, due to premature skeletal ossification, many heifers and steers less than 30 MOA do not produce A-maturity carcasses as expected. According to fairly recent data6, as many as 7.2% of carcasses produced by U.S. fed steers and heifers are classified as B-maturity or older based on USDA carcass maturity indicators. A significant portion of these cattle are known to be less than 30 MOA but because of premature skeletal ossification, the carcasses from these cattle are classified as B-maturity or greater and therefore are significantly discounted and undervalued..
NCBA requests that the final action be expedited in order to fully implement these changes by the end of 2016. 
Dentition is already used in place of skeletal ossification in other global grading systems such as those in Australia and South Africa. 
 
 
 
 
 
Registration Open for 2017 Cattle Industry Convention and NCBA Trade Show
Registration and housing for the 2017 Cattle Industry Convention and National Cattlemen’s Beef Association Trade Show is now open. The 120th annual convention will be held in Nashville, Tenn., Feb. 1-3, 2017. Advanced registration is open until Jan. 4, 2017. Convention participants will hear from industry leaders, gather insight on industry trends, and enjoy an evening of stars and guitars at the Country Music Hall of Fame as well as an exclusive event at the famous Grand Ole Opry.  NCBA President Tracy Brunner said this convention is a must for everyone involved in the cattle industry.
“The Cattle Industry Convention is the oldest and largest national convention in the cattle business,” Brunner said. “We look forward to another great meeting in a great location for cattle producers. Once again, NCBA will have one of the largest trade shows in agriculture and revisit one of our favorite cities, with great entertainment around every corner.”
In addition to access to all of the 2017 convention events, registrants for the full convention will receive a 50 percent off coupon for Roper and Stetson apparel and footwear at the NCBA Trade Show. To register and secure housing for the 2017 Cattle Industry Convention and NCBA Trade Show, visit 
www.beefusa.org
 
 
 
 
 















November 4, 2016
Hayneville, AL
80 Breeding-Age Angus Bulls
For more information visit: 
 
 
 
 
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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