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June 25, 2007 |
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Beef Backer Award – In the coming months, the Mississippi Beef Council will recognize producer-nominated restaurants in the state which promote and feature beef in their menus. If you have a favorite restaurant that deserves recognition for their beef items, contact the Beef Council office for entry forms.
Drought Continues in
Many Areas – Despite scattered showers, much of the Southeast is
currently classified in the D3 (Extreme) and D4 (Exceptional) categories. If
you have hay for sale, remember to list it on the Missisippi Hay Directory (http://msucares.com/livestock/beef/mshay.html)
or in the Mississippi Market Bulletin (www.msmarketbulletin.org)
Texas Firm Buys Beef
Plant - Houston-based Windsor Quality Food Co. has purchased the former
Mississippi Beef Processors plant in Oakland. Cattle-Fax Market Highlights - June 22, 2007 - Fed cattle was active in the North with live values $2 to $3 lower at $86 to $87 live. At press time, trade in the South was limited to a light to moderate volume at mostly $87 live with instances of $87.50 in the Panhandle. Feeder cattle values ended mixed for the week, ranging from $1 higher to $2 lower amid volatile corn prices. Calf prices were generally steady. Market cow prices were mixed from $2 higher to $2 lower. Boxed beef values worked lower on moderate to heavy offerings. Through Thursday, Choice was down $4.90 at $141.21 and Select was down $4.63 at $135.31. |
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Third Beef Shipment Rejected - Last week marked another South Korean export blunder. Two hundred and ninety pounds of U.S. beef marked for “domestic use only” was rejected by South Korean officials. The beef was initially produced by Tyson but Iowa-based Midamar Corporation shipped the product overseas on June 2. South Korea Cattle
Slaughter Surges - Expecting a dip in prices for domestic beef after
U.S. beef imports resume under the South Korea-U.S. free-trade agreement,
Korean cattle farmers have begun to sell livestock in order to cut supply,
prompting a spike in the slaughter of domestic beef cattle, the Chosun Ilbo
reported. Tyson Drops Antibiotics - Tyson Foods announced last week that it is now producing all of its brand name fresh chicken from birds raised without antibiotics. The company says that the move was prompted by consumer demand. Tyson president and CEO Richard Bond said “According to our research, 91% of consumers agree it’s important to have fresh chicken produced and labeled as ‘raised without antibiotics.’” Although raising chicken without antibiotics is more costly, Tyson says their market research shows that consumers are willing to pay more for the product. Microsoft Pushes
Agriculture Alliance's Buttons - Arlington, Va.-based Animal Agriculture
Alliance is expressing concern that software giant Microsoft intends to
donate $100,000 to animal rights behemoth Humane Society of the United
States. Lawsuit Accuses
Canadian Government of Mishandling BSE - A class-action lawsuit by beef
farmers accusing the Canadian government of mishandling bovine spongiform
encephalopathy has received the green light from a Quebec court. |
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Potential Renewable
Fuels Standard Increase - The Clean Energy Act of 2007, which was
previously passed by the House, was approved by the Senate last week and now
awaits President Bush’s signature. The Act included a Senate Amendment that
increased the Renewable Fuels Standard through 2022. Private Property
Rights – Last Thursday, the U.S. House of Representatives considered the
Fiscal Year 2008 Military Construction Appropriations bill, and within the
context of this bill comes a fight for cattle producers’ property rights.
The U.S. Department of Defense is planning a controversial takeover of
hundreds of thousands of acres of Colorado ranching lands to expand the
Pinon Canyon Maneuver Site. Japan Beef Trade
Improvements - On June 13, Japan announced that after its recent audit
tour of U.S. packing plants, it will eliminate the practice of 100 percent
re-inspection of U.S. beef going into Japan. Inspectors will now be
operating on a sampling-based protocol. USDA Secretary Johanns says the U.S.
is "eager to refocus our discussions with Japan on beef trade based on OIE
standards." Malaysia Re-Opens to All Beef - On June 13, Malaysia became the first Asian nation fully re-opened to U.S. beef since late December 2003. Malaysia announced that it will resume import of U.S. beef, consistent with World Organization for Animal Health (OIE) guidelines, permitting bone-in beef and variety meats from cattle of all ages. USDA Secretary Johanns said "we applaud this decision and look forward to confirming the details with the Malaysian government." This is good news for U.S. cattle producers. Historically, Malaysia was about a $2 million market for US beef. Nutrition in Farm Bill - June 14, the House Ag Subcommittee on Department Operations, Oversight, Nutrition, and Forestry marked-up the Nutrition Title of the 2007 Farm Bill. Issues of greatest concern were nutrition topics, including obesity and hunger, children and the elderly. Many hunger programs, such as the Emergency Food Assistance Program (TFAP), use domestic ag commodities to provide food security, and NCBA is interested in cooperating with food aid programs to promote adequate and healthy diets. Beef is an integral part of that balanced diet, providing protein, iron, zinc and B vitamins, particularly necessary for the at-risk populations served by these programs. The subcommittee also debated on how best to address the adjustments needed with the Food Stamp Program (FSP). The Food Stamp Program is the largest expenditure in the Farm Bill totaling about 57 percent of Farm Bill spending. NCBA will continue to monitor action regarding the Nutrition Title. Don't Miss NCBA’s
Cattlemen to Cattlemen - Tune into NCBA’s Cattlemen to Cattlemen on
RFD-TV Tuesday, June 26th, at 7:30 p.m., to hear from animal health experts
and Fort Dodge officials who discuss de-worming, horse health and
reproduction management. Also, check out or special feature on a young
female rancher from Arizona. |
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June 25–27 Making Tracks Camp |
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