April 18, 2016

 
 
 
 

Monday Memo

 
 
 
 

Cattle Market Notes 
Dr. Brian Williams​
Week ending April 15, 2016

Cash Cattle:
Cash traded fed cattle were steady this week. The five-area fed steer price for the week of April 7-14 averaged $133.97 for live sales, and $214.33 for dressed; respectively, up $0.15 and down $0.14. Total volume sold was up 13,000 head from a week ago and up 15,000 head from last year.
Feeder steer cattle and calves were mostly lower across the U.S. this week. Oklahoma City feeder cattle were $4.00 lower for lightweights and $1.00 to $2.00 lower for heavier cattle. Mississippi pasture conditions are relatively good this spring with 70% rated good or excellent. In Mississippi auctions, lighter weight feeders weighing 450-500 pounds were down $10.00 from a week ago, averaging $180.00, while heavy steers were averaging $137.50, unchanged from last week.

Futures:
Live cattle futures and feeder futures were lower this week. April live cattle were down $3.07 on the week and $26.38 lower than a year ago at $131.43, while August live cattle were down $1.65 from last week and down $28.78 from a year ago. Feeder cattle were also lower this week with April futures down $1.10 from last Friday and down $58.10 from a year ago at $154.80 while August futures are down $2.70 on the week. Nearby corn futures are up $0.16 from a week ago at $3.77 while September futures are up $0.14

Beef:
Wholesale boxed beef prices are higher compared to a week ago. Choice boxes averaged $221.51, up $5.30 from a week ago and $37.51 lower than a year ago. Select boxes ended the week with an average of $211.96, up $5.18 from last week. The choice-select spread narrowed slightly from $9.43 a week ago to $9.55 this week
 
 
 
 
 

SOUTHWEST BEEF WRAPS

  
Total Recipe Time: HIGH 6 hours or LOW 10 hours
Makes 8 servings
 
 
 
 
 



April
21 -  Lee CCA

May
14 - MS Gelbvieh Association Field Day, Sarah
19 - Alfalfa Hay Production Field Day, Costal Plain Experiment Station
21- Beef Unit Field Day, Mississippi State
21- MSU Block & Bridle/Judging Team Alumni Meeting, MS State


 
 
 
 
 

April 30, 2016
On the farm, Canton, MS
 
 
 
 
 
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.
 
 
 
 
 
MCA Visits The Hill
 
 
 
MCA President, Paul Whitlock, past president, Jacob Megehee, and his wife, Martha along with Executive VP, Andy Berry attended the 2016 NCBA Spring Legislative Conference. Nearly 300 cattlemen and women from across the U.S. brought hats to the hill to visit with legislative representatives regarding trade, EPA regulations, as well as other issues affecting cattle producers. Look for more pictures and updates in the May issue of Cattle Business in Mississippi.
 
 
 
 
 
Agribition Exploratory Meeting
At the request of interested producers there will be an exploratory meeting to gauge interest in forming an agribition type sale in Mississippi. The idea is to create interest and crossover buying opportunities by having multiple breeds conducting sales on the same day at the same location. 
The meeting will be held at the MCA Conference Room on April 29 at 1:00 p.m. Representatives from all breeds as well as those who market replacement commercial heifers have been invited. Anyone interested is welcome to attend. Please RSVP by calling (601) 354-8951.
 
 
 
 
 
MS Gelbvieh Field Day
On May 14 the Mississippi Gelbvieh Association will hold a field day hosted by Ashe Farms and Cattle Co. at Boyd Ranch in Sarah, MS. 
The event will cover a variety of topics such as Animal Medical Care, Nutrition, and Prescription Medicine. There also will be speakers from the American Gelbvieh Association on hand. 
For more information contact: Scott Ashe at (662) 560-8742 or Sammy Ashe at (662) 689-1212. 
 
 
 
 
 
Cattlemen to Cattlemen
This week's Cattlemen to Cattlemen will feature the 2016 NCBA Legislative Conference from Washington, D.C. If you're looking for the BEST in cattle industry information and education, then tune in to NCBA's Cattlemen to Cattlemen, tomorrow night at 8:30 pm eastern time on RFD-TV. Or anytime, on YouTube at: www.YouTube.com/CattlemenToCattlemen
 
 
 
 
 
Alfalfa Hay Production Field Day
On Thursday, May 19 there will be a Alfalfa Hay Production and Equipment Field Day at the Costal Plain Branch Experiment Station in Newton. Topics will include: Establishment, Pests and Diseases, Inter-seeding, Harvest Management, and a Baleage Demonstration. To register contact Jenna Mosley at (601) 683-2084.
 
 
 
 
 
BQA Training 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.

April 19, 2016 - Gowan Stockyards, Kosciusko
April 21, 2016 - Hinds County, Raymond
May 12, 2016 - Tadlock Stockyard, Forest
May 26, 2106 - Simpson County, Mendenhall
 
 
 
 
 
It's Time To Grill!
The weather is getting warmer and it is time to dust off your grill and serve up a great BEEF meal. We have some great recipes on our Pinterest page as well as beef cooking tips, how to purchase beef, and nutritional information. Visit our Pinterest page for more!
 
 
 
 
Allied Industry Members
 
 
 
 
 

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

www.mscattlemen.org

 
 
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