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December 10, 2007 |
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Last Call, Juniors, Express Yourself - MJCA wants your original design that will be used on t-shirts for a fundraiser during the Dixie National. The contest is open to any MJCA member and there will be cash prizes awarded to the top three designs. On a plain white sheet of paper draw a 4-color design incorporating MJCA and agriculture. Mail it in to the MCA office by December 14th. Make sure that your name, address, age, and home telephone is on the back. Good Luck!
White Sand Unit Field Day – Fifty cattlemen gathered at the MAFES Experiment Station near Poplarville for an excellent program covering many aspects of herd management and marketing. Producers also laid preliminary plans for a board sale slated for August, 2008. Star Junior Awards – Entries are being accepted until December 18th for the junior and senior Star Junior Awards. Winner in the senior category will receive $500 and the junior receives $100 with a plaque for each. Contact LeAnne (601-613-9611) for entry details. Friday at the Convention – Put February 1 & 2 on your calendar to attend the MCA Convention & Trade Show at the Regency Hotel in Jackson. Be there Friday afternoon at 1:00 for the BCIA meeting and then hear Dr. Vic Cortese in the first Pfizer Cattlemen’s College session. That evening, bring your family and friends to the Ag Museum for “A Taste of Beef”. It will be a great weekend! Cattleman of the Year - County cattlemen’s associations, breed associations, and Extension agents are all eligible to nominate producers for the 2008 Cattleman of the Year awards to be presented at the convention. A producer in both the commercial and purebred category will be recognized and entry forms are due January 11th. Cattle Market Notes, Friday, December 7, 2007, Dr. John Anderson, Mississippi State University – Last week, fed cattle prices basically held steady at $95 to $96 on a live basis. Dow-Jones reported on Friday that feeders and packers were at least $3 apart, with packers bidding mostly $92 and feeders asking $95 to $97. Cattle slaughter this week is expected to come in at a healthy 663,000 head, down from 669,000 a week ago but up from last year’s 643,000 head.With the exception of a few instances of steady or better prices on light calves, calf prices looked to be mostly lower this week, falling back after last week’s little up tick. At Oklahoma City, feeder steer and heifer prices were $1 to $2 lower in a light test. Stocker steer prices were steady, and stocker heifer prices were steady to $2 higher. At Georgia auctions, feeder steer prices were $1 to $3 lower; feeder heifer prices, $1 to $2 lower. Stocker steer prices were steady to $3 lower, and stocker heifer prices were steady to $2 lower. At Mississippi auctions this week, prices moved against the national trend. Steer prices were $1 to $2 higher, and heifer prices were $1 to $3 higher. Steer prices at Mississippi auctions this week were reported as follows: 250-300 pounds, $130-$140; 300-400 pounds, $120-$130; 400-500 pounds, $105-$120; 500-600 pounds, $95-$105; 600-700 pounds, $85-$95; 700-800 pounds, not reported. Slaughter cow prices were steady this week. For the week: breakers, not reported; boners, $40-$45; lean (850-1,200 pounds), $37-$42. Live Cattle futures closing prices on Friday (with change from last Friday’s close in parentheses) were as follows: December $94.02 (+0.17); February $96.75 (+0.98); April $98.10 (+1.00); June $94.05 (+1.03); August $94.47 (+0.70). Feeder cattle futures continued to erode this week. Friday’s strength in the Live Cattle pit did not extend to the feeder market, largely because of pressure from higher grain futures on Friday. This compounded the effect of higher grain futures from earlier in the week. Feeder Cattle futures closing prices on Friday (with change from last Friday’s close in parentheses): January $105.95 (-1.75); March $107.45 8.30 (-0.85); April $109.55 (-0.35); May $110.80 (-0.20). December Corn closed on Friday at $3.99 ½, up 15 cents from last week’s close. This is the highest price on the Dec 07 contract since mid-June. January beans closed on Friday at the improbably high price of $11.19 ¾, up 39 ¾ cents from last Friday’s close. Dr. Anderson’s complete report can be accessed from www.mscattlemen.org |
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Senate Ends Farm
Bill Impasse - Senators cleared a major hurdle on Thursday in
negotiations on the 2008 Farm Bill, agreeing to pare down a list of
hundreds of proposed amendments. Feed Prices Up 21
Percent from a Year Ago - Livestock producers paid 21 percent more to
feed their animals in November than they did a year ago, the U.S. Department
of Agriculture said in its November agricultural prices report. |
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U.S. Beef Sold to
Russia - Although operating under an incomplete export protocol that is
still being negotiated, NCBA has received word that U.S. beef has been sold
to Russia for the first time since December 23, 2003. “Historically, Russia
was the largest market for U.S. beef liver exports, but information
regarding this $0.5 million sale is significant and arguably historic,” says
NCBA Chief Economist Gregg Doud. “Our understanding is that it may be the
first of its kind involving the sale of U.S. whole muscle cuts, thought to
be from the round.” House Approves Bill
to Increase Mandate for RFS - As Congress returned to Washington last
week, energy legislation took the spotlight with deals being brokered on a
new House energy bill which passed by a vote of 235-181. The bill now heads
to the Senate where consideration is expected in the near future. With Peru Passage,
Cattlemen Eye Trade Deals with Colombia, Panama - In a positive move for
global trade and U.S. agriculture, the U.S. Senate approved the Peru Trade
Promotion Agreement (PTPA) on December 4th by an overwhelming vote of 77 to
18. NCBA Rolls Out Newest
Member Benefit With Cabela’s - Just in time for holiday gift shopping -
NCBA has announced a member benefit program with Cabela’s – the world’s
foremost outfitter of hunting, fishing, and outdoor gear. NCBA members can
now receive 15 percent off of all Cabela’s gift cards purchased through
NCBA’s Web site,
www.beefusa.org. The gift cards are redeemable wherever Cabela’s
conducts business - whether in-store, online, or through the Cabela’s
catalog. 2008 Cattle Industry
Annual Convention, February 6-9! - The 2008 Cattle Industry Annual
Convention and Trade Show will be held February 6-9 in Reno, Nevada. The
meeting will feature joint and individual meetings by NCBA, Cattlemen's Beef
Promotion & Research Board, American National CattleWomen, Inc., Cattle-Fax
and National Cattlemen's Foundation. Don't Miss NCBA’s
Cattlemen to Cattlemen - On this week’s Cattlemen to Cattlemen,
beginning at 7:30 p.m., Tuesday, December 11th, we showcase some of the 2007
regional winners of the Environmental Stewardship Awards. First, we will
profile the Roaring Springs Ranch in Frenchglenn, Oregon where the ranch
sits at more than 7,500 feet in elevation. Then, we’ll head to northern
California to visit the Yolo Land and Cattle Company. Finally, we’ll head
to Kansas and the Alexander Ranch where the owner says he’s in the business
of selling used sunshine. |
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Dec
10 Attala CCA |
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Mississippi Cattlemen's Association |
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