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June 4, 2007 |
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Congratulations to Lowndes County Cattlemen’s Association on another successful Steak Sale. At the annual event in Columbus, 2350 ten-ounce steak plates were sold Friday and Saturday. In the past eleven years, the association has give over $50,000 in scholarships to county youth. Mississippian
Heading to Capitol Hill – Steve Coody of Yazoo County, will join dozens
of young cattle producers making the rounds on Capitol Hill this week after
Congress returns from its week-long Memorial Day Recess. Producers from
across the nation will urge members of Congress to address major policy
issues affecting the cattle industry right now – including market
competition issues, conservation in the 2007 Farm Bill, and renewable energy
issues. The group started in Denver for the beginning of the 10-day Young
Cattlemen’s Conference (YCC) national tour, which then heads to Kansas,
Nebraska, and Chicago before a final stop in Washington D.C. The
educational YCC program develops leadership qualities in young beef industry
leaders who were nominated by their respective state affiliates and breed
associations.
Field Day - Cattlemen gathered at Thompson’s Broke T Farm near Philadelphia for the Saturday’s Neshoba/Kemper Beef Field Day. Presentations by Extension Specialists and equipment dealers highlighted the program. Cattle-Fax Market Highlights, June 1 - This week, the fed cattle market was $2 to $3 lower. In the North, trade was established at $92 to $93.50 live and $147 to $148 dressed. In the South, moderate trade is occurring at $93 to $93.50 in Kansas, Texas has yet to trade as they try to hold out for at least $94. Boxed beef sold modestly lower for the week, volume turned active late at the lower price levels. Overall beef demand year-to-date remains above year ago levels. Feeder cattle prices were quoted steady to mostly $2 lower on the week, while calves were steady to as much as $4 lower. Trade volumes are starting to slow as grass conditions in the middle part of the country are in good shape, however, the Southeast and West remain dry. Slaughter cows sold primarily at $2 lower this week. Corn prices worked higher, despite excellent growing conditions in the Midwest. |
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Korean Trade This Fall - Korean government officials said last week that South Korea will consider allowing imports of U.S. bone-in beef, including ribs, before the traditional Korean Thanksgiving day which falls on September 25. Finance Minister Kwon Okyu told reporters that Washington has asked Seoul to negotiate a revision of its beef import rules, following the recent ruling by the World Organization for Animal Health (OIE). Reports say necessary procedures for the revision are expected to be complete by September. A Korean Agriculture Ministry official says that as soon as the revision of the rules is complete, U.S. bone-in beef will be allowed for import through deals between Korean importers and U.S. exporters. New Vaccine to
Control FMD - A new vaccine developed by scientists with the U.S.
Department of Agriculture's Agricultural Research Service (ARS), the
Department of Homeland Security (DHS) and a U.S. biopharmaceutical company
holds promise for protection against foot-and-mouth (FMD) disease, which
strikes cattle and swine, as well as sheep, goats and deer. Swift & Company
Purchased By Latin American Beef Processor - J&F Participacoes SA, a
primary owner of Latin America’s largest beef processing company JBS SA, has
agreed to purchase Greeley, Colo.-based Swift & Company for $225 million in
cash. The transaction has an enterprise value of $1.4 billion and creates
the world’s largest beef and pork processing company. The acquisition gives
JBS access to the United States, the largest beef market in the world, and
Asian markets open to U.S. beef since those countries ban beef imports from
Brazil due to foot-and-mouth disease concerns. Livestock Antibiotic
Used to Treat Whales – Responding to a request from the Marine Mammal
Center, Pfizer Animal Health (PAH) donated EXCEDEŽ (ceftiofur crystalline
free acid) Sterile Suspension, an antibiotic which was used to treat the two
humpback whales lost and injured in the Sacramento River. |
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USDA to Appeal
Private BSE Testing - On May 30, USDA confirmed they will appeal a
federal district court ruling, which would have allowed Creekstone Farms to
privately test its own cattle for bovine spongiform encephalopathy (BSE).
The deadline to appeal is tomorrow, June 1. The USDA reportedly filed notice
in the U.S. Court of Appeals for the Washington D.C. Circuit. President Signs Ag
Disaster Assistance - On May 25, the President signed into law H.R.
2206, the "U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq
Accountability Appropriations Act, 2007" which includes about $3 billion for
agriculture disaster assistance. The funding will provide relief to farmers
and ranchers nationwide who experienced serious losses in 2005-2007. Ongoing Renewable Energy Issues - NCBA strongly opposes doubling the Renewable Fuels Standard (RFS) for corn-based ethanol from its current target of 7.5 billion gallons. NCBA believes ethanol and corn markets should operate without government interference. Producers should have the opportunity to compete on a level playing field with ethanol facilities for each bushel of corn. Legislation increasing the RFS simply distorts those supply and demand signals. NCBA opposes any government policies that favor one feedstock over another. NCBA in Antibiotics Meetings - NCBA’s Chief Veterinarian Dr. Elizabeth Parker was in Atlanta last week for meetings with the Center for Disease Control on antibiotics. She conducted one-on-one meetings regarding cattle issues and attended the conference: “Get Smart: Know When Antibiotics Work on the Farm” on May 31st. Codex Coalition Meetings - NCBA’s Director of Food Policy, Phyllis Marquitz, is attending food industry Codex coalition meetings this week. The group will discuss contaminants in foods, food additives, pesticide residues, food labeling, biotech issues, food hygiene, import/export inspection, certification and more. Don't Miss NCBA’s
Cattlemen to Cattlemen - Tune into NCBA’s Cattlemen to Cattlemen on
RFD-TV Tuesday, June 5th, at 7:30 p.m., we’ll have a special, in-depth look
at how Colorado ranchers are opposing the U.S. Military's plan to take over
2.5 million acres of ranch land in the Pinon Canyon region of southeastern
Colorado. |
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Mississippi Cattlemen's Association |
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