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State Fair Beef Show – The junior
show continues today with beef breeds competing in the show arena.
 
Fairgoers of all ages
are enjoying the Hot Beef Sundae and Cattlemen’s Ribeye Steak Sandwich at
this year’s State Fair. In spite of unseasonably warm temperatures, crowds
have been large and sales at the Beef Barn have set new records.
 
MJCA –
Mississippi Junior Cattlemen’s Association members met Sunday to elect
directors for the coming year. 2007-2008 directors are: Brooke Thomas,
Brittany Housley, Reagen Melton, Justin Brown, Olivia Frazier, Katie
Mitchell, Brett Magee, Laura Sikes, Emma Collins, and Cory Ladner.

Beef Day at the Fair
– Volunteers at the Beef Barn assembled grills in preparation for Tuesday’s
Celebrity Grilling Contest. Teams from Jackson’s three television stations
and Miss 103 Radio will compete for bragging rights as the best steak cooks
at the fair.

MJCA Officers – Newly
elected officers are: Laura Sikes President, Cory Ladner, Vice President,
and Cheyenne Stewart, Secretary.
State
Fair Schedule
Tuesday, Oct. 9
Beef Day at the Fair, Celebrity Grilling Contest
Thursday, Oct. 11
Dairy Quiz Bowl
Friday, Oct. 12
Open Dairy Show, 9:00 a.m.
Saturday, Oct. 13
Junior Dairy Show, 8:30 a.m.
Cattle
Market Notes, Friday, October 5, 2007, Dr. John Anderson, Mississippi
State University - In light trade, cash fed cattle prices were down
significantly from last week, with dressed prices in Iowa and Nebraska off
from $5 to $8 compared to last week (mostly $142 to $143 dressed). Live
sales in those regions were at $90 to $91. The pace of cattle slaughter
remains pretty brisk despite a lot of talk about weak packer margins.
Cattle slaughter is expected to be up again this week to 672,000 head, up
from 650,000 head last week and 635,000 head a year ago. The real story
this week may be hog slaughter. Dow-Jones newswire noted on Friday
afternoon that an anticipated large Saturday kill could push weekly hog
slaughter to a new record this week. USDA estimates hog slaughter this week
at 2,321,000 head.
Calf prices were mixed this week. At Oklahoma City, feeder and stocker
steer prices were steady to $1 higher. Feeder heifer prices were steady in
a light test; stocker heifer prices were steady to $3 lower. At Lexington,
Kentucky, feeder steer and heifer prices were steady to $1 higher. Prices
on stocker steers and heifers were steady to $2 lower (though a few
instances of $2 higher on 6-weight steers were noted).
At Georgia auctions this week, prices on feeder steers were $1 to $3 lower;
prices on feeder heifers, $1 to $2 lower. Prices on stocker steers were
steady to $3 lower, and prices on stocker heifers were steady to $2 lower.
At Mississippi auctions this week, feeder steer prices were called $5
higher, and prices on heifers were called $ to $5 higher. Steer prices at
Mississippi auctions this week were reported as follows: 250-300 pounds,
$140-$150; 300-350 pounds, $130-$140; 350-400 pounds, $125-$130; 400-500
pounds, $115-$125; 500-600 pounds, $105-$115; 600-700 pounds, $95-$105;
700-800 pounds, $92-$95. Slaughter cow prices were $1 to $5 lower this
week. For the week: breakers, $38-$40; boners, $40-$45; lean (850-1,200
pounds), $38-$43.
Live Cattle futures moved lower pretty much all week, with just a brief
respite on Thursday. A lackluster wholesale beef market and virtually
non-existent cash business contributed to the week’s losses, with the
sharpest declines coming on Friday. Live Cattle futures closing prices on
Friday (with change from last Friday’s close in parentheses) were as
follows: October $93.67 (-3.28); December $96.12 (-3.68); February $98.20
(-3.30); April $98.22 (-3.03); June $94.47 (-2.55).
Feeder cattle futures also moved fairly steadily lower this week. Any
support that the market may have been getting from lower feed grain prices
this week was overwhelmed by the effect of weakness in Live Cattle futures.
Feeder Cattle futures closing prices on Friday (with change from last
Friday’s close in parentheses): October $113.95 (-2.35); November $113.50
(-3.12); January $112.82 (-2.50); March $111.77 (-1.35).
Corn futures prices eroded still further this week. Various popular press
outlets this week have drawn attention to the noticeable slowdown in the
expansion of ethanol production capacity. This is obviously not a situation
that developed overnight, but it is one that has only recently begun to get
widespread attention. Another major feature in the market this week was a
rebound in the value of the dollar. A weakening dollar has allowed grain
exports to remain high despite the fact that prices have increased
significantly. December Corn closed on Friday at $3.42 ¼, down 30 ¾ cents
from last week’s close – back down to about the same level as at the
beginning of September. November beans closed on Friday at $9.40 ½, down 56
¾ cents from last Friday’s close. Dr. Anderson’s complete report can be
accessed from
www.mscattlemen.org |
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Cargill Meat
Solutions Co. has recalled about 845,000 pounds of frozen ground
beef patties produced at its Butler, Wis., location and distributed
nationwide because they may be contaminated with E. coli O157:H7, USDA
announced on Saturday.
The recall comes only a week after the 22-million-pound ground beef
recall that put Topps Meats Co. out of business.
The Minnesota Departments of Health and Agriculture discovered the
problem while investigating three illnesses. Cargill is voluntarily
recalling the products based on a preliminary analysis of
epidemiological data.
Wal-Mart-owned Sam's Club said it pulled the product from its U.S.
locations after learning the illnesses being investigated may be linked
to frozen ground beef patties manufactured by Cargill and purchased from
Sam's Club beginning August 26, 2007 at its Eagan, Maple Grove and White
Bear Lake locations.
USDA said the frozen ground beef patties were produced on various dates
from Aug. 9 through Aug. 17, 2007, and were distributed to retail
establishments, restaurants and institutions nationwide. Each label
bears the establishment number "Est. 924A" inside the USDA mark of
inspection.
Recall Impact Closes
Topps - Saying the financial loss resulting from one of the largest beef
recalls in U.S. history is too much to overcome, Topps Meat Co. on Friday
announced the closure of its Elizabeth, N.J. plant.
"This is tragic for all concerned," CEO Anthony D'Urso said in a press
release. "In one week we have gone from the largest U.S. manufacturer of
frozen hamburgers to a company that cannot overcome the economic reality of
a recall this large.
Last week, Topps Meat Co. expanded its nationwide recall to include 21.7
million pounds of frozen ground beef products that may be contaminated with
E. coli O157:H7.
"We sincerely regret the impact this will have on our employees, our
customers and suppliers and the community," he added. "Most of all, we
regret that our products have been linked by public health agencies to
recently reported illnesses. We hope and pray for the full recovery of those
individuals."
Fallout from the Topps recall has been widespread. Less than 24 hours
earlier, USDA officials were explaining to the press why it took them more
than a week to pull the trigger on the Sept. 25 recall. Though complexities
associated with the illnesses and tests needed to confirm their cause
contributed to the delay, officials admitted the agency's inspection systems
needs improvement.
"We want to thank our loyal employees and customers who have supported us
throughout the 67 years in which Topps Meat has been in business," D'Urso
said. "Topps always prided itself on providing the utmost quality and
safety, and never had a recall in our history until now. This has been a
shocking and sobering experience for everyone." from meatingplace.com
We Care –
Checkoff-funded consumer advertising supports the “We Care” program in
promoting a positive image of the U.S. beef industry worldwide. In Japan,
the beef “We Care” caravan recently visited 10 retail outlets in Tokyo,
Nakayama and Hiroshima, serving bite-sized grilled U.S. meat samples from
the We Care kitchen car outside of stores and promoted U.S. beef at meat
counters inside. According to the U.S. Meat Export Federation, U.S. beef
sales jumped 170 percent during the week of the caravan visits.
Opening
Opportunities in the Middle East – Toward opening new avenues for
low-cost, high-profit U.S. beef from underutilized cuts, more than 150
chefs, foodservice personnel and importers/distributors attended checkoff-funded
seminars in Cairo, Beirut and Dubai. Texas Beef Council Consultant Chef Jay
McCarthy introduced a variety of new U.S. beef cuts, such as shoulder clod,
chuck-eye roll, top butt sirloin, tri-tip, flank steak, brisket and short
ribs, demonstrating that these cuts can be as good as traditional middle
meats and even more profitable for any foodservice operation. Sales of
middle meats in the United Arab Emirates and Saudi Arabia are on the rise. |
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Interstate Meat
Shipping Becomes Political Football - Whether or not state-inspected
meat plants are able to ship across state lines was a hot topic of debate
last week. Provisions included in the House Farm Bill would allow
state-inspected meat to be shipped to other states. Partially due to
increased media scrutiny surrounding a recent ground beef recall, some
Senators appear poised to strike that provision when they consider the Farm
Bill.
Currently, a stand-alone bill in the Senate, the New Markets for
State-Inspected Meat and Poultry Act of 2007 (S. 1150) would overturn an
outdated provision which prevents interstate shipment of state-inspected
meat. The measure is being championed by Senator Orrin Hatch (R-Utah).
Federal law requires USDA to inspect all meat products. In the 1960s
Congress created state inspection programs that are mandated to be “at least
equal to” the federal inspection program. Perishable products – including
milk and other dairy items, fruit, vegetables, and fish – are freely shipped
across state lines after state inspection. But standard meat products, like
poultry, beef, and pork, are prohibited from interstate commerce, despite
decades of meeting or surpassing the federal inspection standards. This
legislation would remove that prohibition.
“State inspection programs are proven to be as thorough as Federal programs,
yet state-inspected meat can’t be shipped even from Utah to Colorado,” says
Hatch. “We need to update this unnecessary, unjust ban that puts our small
businesses at such a disadvantage.”
NCBA policy supports the legislation as a way for state-regulated businesses
to compete in interstate commerce and sees it as a great opportunity for
cattle producers and small local businesses to market branded beef products.
“We see this as an opportunity to foster entrepreneurship and add new
competition in the processing sector,” says Jay Truitt, NCBA’s Vice
President of Government Affairs. “In addition, this would create more access
for consumers to get the kinds of meat products they want.”
Tax Relief for
Drought - The Internal Revenue Service (IRS) has issued its guidance
publication on the deferral of capital gains taxes from drought-related
sales of livestock. NCBA has continually worked for changes to Section 1033
(e) of the Uniform Tax Code to extend the tax deferment period for
weather-related sales of livestock – known as involuntary conversions. Last
fall, the IRS announced it will extend tax relief for ranchers who were
forced to sell off large portions of their breeding stock as a result of
drought conditions.
“This action by the IRS provides continued relief to cattle producers who
have dealt with drought over an extended period of time, says NCBA’s Manager
of Legislative Issues Jason Jordan. “These changes to the tax code will
help cattle producers in drought-impacted areas of our country sustain their
operations through a difficult time.”
To read or download the guidance document and to see a list of eligible
counties, click on this link on the IRS website:
http://www.irs.gov/pub/irs-drop/n-07-80.pdf.
Peru Trade -
The White House sent up implementing
legislation to Congress on September 27th for the U.S.-Peru Trade Promotion
Agreement. President Bush said, “The
Agreement will create significant new opportunities for American workers,
farmers, ranchers, businesses, and consumers by opening new markets and
eliminating barriers.”
Since the White House has submitted
the formal language to Congress, the House now has 45 legislative days (in
which Congress is in session) to move it through committee, or it will move
to the floor automatically. The bill must then come before the full House in
15 session days. The Senate Finance Committee must report the bill within 15
days of the House action, or it is automatically discharged. The Senate must
then vote on the bill within 15 days.
NCBA is working with a coalition of ag industry groups in support of this
agreement which presents a great opportunity for America’s cattlemen. Under
the Peru Trade Promotion Agreement:
- U.S. Choice and Prime beef will have immediate duty-free access.
- All tariff rate quotas will be eliminated within 12 years.
- Peru has committed to recognize the U.S. meat inspection system as
equivalent to its own, thereby allowing imports from facilities approved by
USDA.
- Peru has committed in writing to specific Sanitary and Phytosanitary (SPS)
terms.
Beef comprises less than 8 percent of Peru’s total agriculture gross
domestic product, making it an exceptional export growth opportunity for
U.S. beef. In 2003, Peru was a $6 million export market for U.S. beef, beef
variety meats and beef products. This improved access could amount to
roughly $15 million a year, about half the value of Peru's current total
beef imports.
ADA Meeting -
NCBA’s Director of Food Policy Phyllis Marquitz just returned from
Philadelphia where she participated in the American Dietetic Association’s
(ADA) Food & Nutrition Conference and Expo, September 29-October 2. While
in Philadelphia, Phyllis and the NCBA team promoted the 29 lean beef cuts
and beef’s naturally nutrient-rich qualities (visit
www.beefitswhatsfordinner.com/nutrition for more info!).
Phyllis also attended a number of dietetic and nutrition sessions dealing
with health trends in food products. One session of note was presented on
“Nutrient Density: Applying Developing Science to Improve Public
Health” highlighting the MyPyramid concept of Americans getting more
nutrients for their calories. NCBA participates in the Nutrient Rich Foods
Coalition (visit
http://www.nutrientrichfoods.org) and we are excited to educate
dietetics professionals about the benefits of beef as part of a healthy
diet. More information on the conference is available on ADA’s website at
www.eatright.org or by clicking on this link:
http://www.eatright.org/cps/rde/xchg/ada/hs.xsl/7539_ENU_HTML.htm.
Don't Miss NCBA’s
Cattlemen to Cattlemen - On this week’s Cattlemen to Cattlemen,
beginning at 7:30 p.m., Tuesday, October 9th, Cattlemen to Cattlemen reports
on the Topps Meat Company ground beef recall. Dr. Bo Reagan, NCBA VP of
Research and Knowledge Management discusses the beef industry’s efforts to
fight E. coli contamination, and the importance of using best practices
developed by the Beef Industry Food Safety Council (BIFSCO).
Reporter Todd McCartney joins Dixon County Feeders in Nebraska and experts
from Fort Dodge Animal Health to look at maximizing the value of calves.
We’ll also visit the Oak Knoll Ranch in Missouri to meet another regional
ESAP winner, and Brian Baxter provides an update on the latest line of Beef
Value Cuts.
The show will be rebroadcast Wednesday at 3:30 a.m. and 11:30 a.m., and
Saturdays at 9 a.m. Make sure YOU tune into NCBA’s Cattlemen to Cattlemen on
channel RFD-TV. For more information or to check out past episodes, visit
www.cattlementocattlemen.org. |
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