Cattle.com

Billings Livestock Commission Cattle Auction

Archived Report

1/27/2022

Total Run: 1,407

Market Notes

Compared to last week: All feeder cattle were too lightly tested this week to develop an accurate market trend, lower undertones were noticed on a significantly lower quality offering. Quality this week was mostly plain. Calves were offered in mostly small packages with many singles in the offering. CME positions sold off again today and spent much of the week in the red. Lower quality coupled with lower CME positions pushed all feeder prices lower. Fewer buyers were on hand this week as well. Market activity was mostly slow to moderate. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Packer buyers showed very good demand for slaughter cows this week. Packers pushed to own the majority of the cows in the offering as they pushed cow prices sharply higher. Slaughter cows sold mostly 4.00-6.00 higher on all classes. Feeding cows were too lightly tested to trend, higher undertones were noticed. Slaughter bulls sold steady to 2.00 higher. Young age cows suitable to feed or rebreed were too lightly tested last week to develop an accurate market comparison, however higher undertones were noticed. Quality this week was mostly average and better than last week. Demand for young age cows was mostly moderate.

Supply included: 52% Feeder Cattle (37% Steers, 47% Heifers, 16% Bulls); 36% Slaughter Cattle (81% Cows, 19% Bulls); 11% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 41%. AUCTION This Week Last Reported 1/20/2022 Last Year Total Receipts: 1,407 3,228 787 Feeder Cattle: 737(52.4%) 2,897(89.7%) 262(33.3%) Slaughter Cattle: 509(36.2%) 201(6.2%) 335(42.6%) Replacement Cattle: 161(11.4%) 130(4.0%) 190(24.1%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 217 217 0.0000 $760
400-500 204 212 218 $953
500-600 195 195 213 $1,073
600-700 161 170 213 $1,107
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 170 174 175 $785
500-600 160 161 175 $885
600-700 145 149 152.5 $970
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 $80 $84 $89

Total Run