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Billings Livestock Commission Cattle Auction

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Most Recent Report

10/14/2021

Total Run: 4,838

Market Notes

Compared to last week: Yearlings were all too lightly tested to develop any market trend. Demand for yearlings was moderate to good. Steer calves under 350 lbs were too lightly tested to develop an accurate market trend, higher to sharply higher undertones were noticed. 350-499 lbs steers sold 3.00-9.00 higher, 500-599 lbs sold steady to firm, steer calves over 600 lbs sold steady to 5.00 lower. Heifer calves under 400 lbs sold mostly 6.00-12.00 higher, 400-499 lbs heifers sold steady to 3.00 higher, heifers over 500 lbs sold mostly 3.00-5.00 lower. Quality this week was average to attractive. Demand for calves remains slightly uneven as transportation remains the biggest factor limiting demand. Buyers focused on buying front end calves, especially ones with two rounds of vaccinations and passed or discounted average quality calves or calves with only spring shots. After buyers exhausted the trucks they had available many exited the market. Prices declined as the sale waned causing large price spreads at times. The best demand this week was for light weight calves suitable to develop into yearlings. This class of calves was especially active today. The August feeder cattle contract settled at 173.30, making yearling type calves very attractive to buyers. Pen conditions were muddy both at the yards and in the country as rain and snow fell earlier in the week. Many sets of calves were dirty this week. Market activity was moderate to active today. Weigh up cows sold on mostly light to moderate demand for light to moderate offerings. Packers continue to show light demand for slaughter cows this sale as heavy supplies continue to be seen across the upper plains. Lean and boning cows sold 2.00-7.00 lower than last Thursdays sale in a narrow comparison. Breaking cows were not tested as all sold to feeding buyers this week. Feeding cows sold 1.00-3.00 lower in a narrow comparison. Cows were very full this sale and offered buyers mostly below average weigh up conditions. Slaughter bulls sold generally steady in a very narrow test. Young age cows suitable to feed or rebreed sold mostly 10.00 lower on a lower quality offering than was seen last week. Demand was mostly light to moderate. Fewer buyers were actively bidding on this class of cows this week.

Supply included: 88% Feeder Cattle (54% Steers, 45% Heifers, 0% Bulls); 8% Slaughter Cattle (94% Cows, 6% Bulls); 4% Replacement Cattle (98% Stock Cows, 2% Bred Cows). Feeder cattle supply over 600 lbs was 10%. AUCTION This Week Last Reported 10/7/2021 Last Year Total Receipts: 4,838 6,040 4,990 Feeder Cattle: 4,265(88.2%) 5,107(84.6%) 4,990(100.0%) Slaughter Cattle: 370(7.6%) 478(7.9%) 0(0.0%) Replacement Cattle: 203(4.2%) 455(7.5%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 252.5 255 0.0000 $638
300-400 $--
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 185 189 200 $472
300-400 171 181 200 $633
400-500 154 163 174 $734
500-600 $--
600-700 $--
700-800 $--

*Approx is the middle weight of the weight group multiplied by the mid point of the high and low for the group. It's meant as a quick method to see what cattle of that weight class are bringing per head.

Cows & Bulls

Type Min Avg Max
Slaughter Bulls $64 $70 $73

Total Run

2021-10-07
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Past Reports

Location

Billings, Montana