Monday Memo
May 22, 2017
 
 
 
 
 
 
Livestock Industry Calls for Relief from EPA’s Overly Burdensome Regulations
“The U.S. cattle industry is proud of its history as stewards of our nation’s natural resources,” the comments read. “The industry takes very seriously its obligation to protect the environment while providing the nation with a safe and affordable food supply."

The National Cattlemen’s Beef Association and the Public Lands Council filed comments last week to the EPA calling for immediate action on several burdensome regulations the agency put forward under previous Administrations.
The groups said that the regulations, “inhibit job creation, are ineffective, are unnecessary, or impose costs that exceed the environmental benefits. Often, these regulations impose federal requirements on cattle producers that discourage innovation and impose rigid requirements that do not work on cattle operations and, moreover, defy common sense.”
NCBA and PLC called on the agency to replace the Waters of the United States (WOTUS) rule with a rule that will clarify the extent of federal jurisdiction without overreaching. The replacement rule, the comments state, must work for cattle producers, follow the rule of law, and replace each instance of WOTUS in the Code of Federal Regulations so that there is one single definition across the federal government.
The associations also called on the agency to repeal the Mandatory Reporting of Greenhouse Gases (GHG) rule for manure management.
“According to the EPA, beef cattle production was responsible for 1.9 percent of total U.S. GHG emissions in 2014,” the comments, signed by NCBA President Craig Uden and PLC President Dave Eliason, read. “By comparison, GHG emissions from transportation and electricity accounted for 25.8 percent and 30.6 percent of total U.S. GHG emissions in the same year. The GHG Mandatory Reporting Rule places an undue burden on animal agricultural producers, significantly increasing production costs with negligible environmental benefit.”
For more info click here
 
 
 
 
 
Cattle Quick Thoughts
The latest steer dressed weights released were down significantly from the previous week and from a year ago. We are continuing the trend of slaughtering lighter weight cattle which is pulling cattle through the feedlots at an aggressive pace. Dressed slaughter weights for the week ending May 6, 2017 were 30 pounds lower on average than in the same week last year. This is a 3.5% decline in average weights. Weights were 15 pounds lower than the previous week in 2017.
Also in the news last week, the Trump administration formally notified Congress of their intent to renegotiate NAFTA with the goal of modernizing and strengthening the 25-year-old agreement. This process will certainly be worth monitoring as Mexico and Canada are significant trading partners for U.S. beef.
Source: Josh Maples, MSU Extension
 
 
 
 
 
Cattlemen's Field Day
Saturday, June 10 at Town Creek Farm in West Point there will be a Cattlemen's Field Day. Featured speakers include nutritionist Dr. N.T. Cosby and Sam Blakney of Zoetis. The program will begin at 8:30 a.m. and conclude with a lunch featuring Town Creek Farm beef. For more information contact Town Creek Farm at 662-494-5944.
 
 
 
 
 
Deep South Brahman Field Day 
On May 27th in Mendenhall at the Simpson County Junior Livestock Building the Deep South Brahman Association will hold a Field Day and Jr. Show. The day will begin at 10 a.m. followed by the Annual meeting at 10:30 and lunch will begin at noon. The junior show will start promptly at 1p.m. For more information please call Stacy Broached at (601) 906-2148. 
 
 
 
 
 
Register For A Free Cattle Webinar 
Have the lows been established for the cattle industry?  With the magnitude of the breaks and rallies that we have experienced across the entire cattle industry thus far that question is on everyone’s mind.  An upcoming free CattleFax webinar will address that question as well as provide an outlook for the cow-calf and entire beef industry for 2017.
 The CattleFax Trends+ Cow-Calf Webinar will be at 5:30 p.m. MT, May 24th, 2017.  To participate in the webinar and access program details, producers and industry leaders simply need to
register online.
 
 
 
 
 

Making Tracks
All MJCA members who are entering the 9th grade or older are invited to attend the Wax Junior Leadership Camp June 12 - 14 at Mississippi State University. 
Click here for the Making Tracks application.
 
 
 
 
Cattle Market Notes
Week Ending May 19, 2017
Dr. Josh Maples
 
Cash Cattle:
Cash traded fed cattle prices continued to drop this week. Fed steers were down $3.59 to an average of $134.27 for live sales. Dressed steers were down $7.79 to an average of $212.74.
Feeder cash prices were also lower this week in Mississippi. Mississippi feeder steers weighing 450-500 pounds were down $4.50 this week to average $158 while 750-800 pound steers were down $3 to $132. Average feeder prices in Oklahoma City were down on Monday and Tuesday. 500-550 pound steers were down $6.36 to $171.11 while OKC 750-800 pound steers were down $2.07 from last week to $146.19.
 
Futures:
June live cattle were down $1.83 to $123.80 while August live cattle were down 83 cents to $121.38. May feeder cattle were down $1.13 to $143.45 while August feeder futures were down 55 cents on the week to $151.28. Corn futures prices were mostly unchanged this week with July and September contracts each up a penny to $3.72 and $3.79, respectively.
 
Beef:
The gap widened between choice and select boxed beef values. Choice boxes averaged $248.36, up $3.81 from a week ago. Select boxes averaged $222.98, down $1.56 from last week. The choice-select spread grew to $25.38, up $5.37 from last week.
 
 
 
 
 





May
23 - Scott CCA
23 - Beef Educational Meeting, Booneville
24 - Tishomingo CCA
27 - Deep South Brahman
        Association Field Day
27 - Neshoba CCA
 
 
 
 
 

Total Recipe Time: 30 to 35 minutes
Makes 4 servings
 
 
 
 
 

To learn more about the Easy Way T-Post Puller
 
 
 
 
 
Evans Angus
Performance Tested
Bulls For Sale
Rusty Miller, Manager
Vaiden, MS
(662) 392-0181
(662) 237-6091
 
 
 
 
 
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
 
 
 
      
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