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Billings Livestock Commission Cattle Auction

Archived Report

9/9/2021

Total Run: 3,216

Market Notes

Compared to last week: Yearling steers were too lightly tested last week to develop an accurate market trend, however mostly steady to firm undertones were noticed. Yearling heifers under 750 lbs sold mostly 2.00-5.00 higher, while heifers over 750 lbs sold unevenly steady. Steer calves were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on steer calves under 400 lbs and steady to weak undertones were noticed on calves over 400 lbs. Heifer calves were also too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on heifer calves under 400 lbs and steady to weak undertones were noticed on calves over 400 lbs. Demand for all feeder cattle remains strong with lots of willing buyers. CME positions have fallen sharply over the past week and a half, however demand remains mostly good for high quality feeder cattle. Quality this week was mixed from plain to very attractive. Demand for very light calves was especially good this week as buyers have already started thinking about buying calves to develop into yearlings. Many of the very light steers and heifers sold for the same dollars per head as their bigger brother and sisters. Market activity this week was mostly active. Weigh up cows sold on mostly moderate to good demand for moderate offerings. Cows continue to sell for three different purposes: slaughter, feed and to preg test for bred cows. Slaughter buyers tried to buy cows near steady this week, however pressure from other buyers forced packers to pay higher money in order to secure offerings. Slaughter cows sold mostly 1.00-3.00 higher on all classes in a very narrow comparison. Feeding cow demand was mostly very good this week. Many Midwestern farmers are wrapping up cutting silage and many are starting to purchase feeding cows. Feeding cows sold mostly 1.00 higher. Several sets of cow sold today that were exposed or bred and replacement cows buyers purchased most of these cows away from slaughter cow buyers this week. Cows continue to come to town in poor body condition as most have freshly weaned cows and many are coming out of very dry country. Slaughter bulls sold steady to 1.00 higher. Feeding demand helped push or hold the market steady on bulls suitable to feed. Young age cows suitable to feed or rebreed sold steady to weak. Quality was not as attractive this week as last and fewer takers were bidding on offerings.

Supply included: 74% Feeder Cattle (29% Steers, 68% Heifers, 3% Bulls); 18% Slaughter Cattle (85% Cows, 15% Bulls); 8% Replacement Cattle (65% Stock Cows, 30% Bred Cows, 5% Bred Heifers). Feeder cattle supply over 600 lbs was 51%. AUCTION This Week Last Reported 9/2/2021 Last Year Total Receipts: 3,216 1,892 1,927 Feeder Cattle: 2,369(73.7%) 799(42.2%) 1,719(89.2%) Slaughter Cattle: 589(18.3%) 896(47.4%) 108(5.6%) Replacement Cattle: 258(8.0%) 197(10.4%) 100(5.2%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 230 232 232.5 $579
300-400 203 220 235 $770
400-500 173 180 185 $811
500-600 160.5 168 171 $923
600-700 162 169 169 $1,097
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 211 211 0.0000 $528
300-400 177 193 211 $675
400-500 162 167 172.5 $752
500-600 150 156 162 $861
600-700 156 160 163 $1,039
700-800 157 157 163 $1,178

*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 $82 $86 $90

Total Run

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Past Reports


Location


Billings, Montana