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Billings Livestock Commission Cattle Auction

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Archived Report

4/7/2022

Total Run: 1,165

Market Notes

Compared to last week: Feeder steers and heifers were too lightly tested this week to develop an accurate market trend, lower undertones were noticed. Quality this week was mostly plain to average and significantly lower than last weeks very attractive offerings. Buyers all showed lighter demand for feeders as quality was lower. Buyers all showed a desire to buy everything lower as higher input costs are weighing on buyers. CME positions have also taken a hit from last week which put additional pressure on the market. Market activity was mostly slow to moderate this week. Fewer buyers were on hand this week compared to last. Weigh up cows sold on mostly moderate demand for moderate offerings. Packers showed a desire to buy cows lower, but feeding buyers helped support the market. Slaughter cows sold steady on breaking cows, while boning and lean cows sold steady to 2.00 lower. Feeding cows sold steady to 2.00 lower. High quality front end cows sold with the best demand and traded mostly steady, while plain or lower quality feeding cows sold mostly 2.00 lower. Cows were very full this sale with most cows offering buyers below average weigh up conditions. Slaughter bulls sold fully steady in a narrow comparison. Young age cows suitable to feed or rebreed sold generally steady to weak. These offerings started the sale lower but as buyers started loads demand increased quickly. Quality this week was average to attractive.

Supply included: 32% Feeder Cattle (35% Steers, 51% Heifers, 15% Bulls); 44% Slaughter Cattle (94% Cows, 6% Bulls); 24% Replacement Cattle (97% Stock Cows, 1% Bred Cows, 2% Bred Heifers). Feeder cattle supply over 600 lbs was 44%. AUCTION This Week Last Reported 3/31/2022 Last Year Total Receipts: 1,165 6,172 1,486 Feeder Cattle: 374(32.1%) 5,203(84.3%) 476(32.0%) Slaughter Cattle: 509(43.7%) 244(4.0%) 688(46.3%) Replacement Cattle: 282(24.2%) 725(11.7%) 322(21.7%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 201 202 206 $911
500-600 188 196 197.5 $1,078
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 164 176 185 $966
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 $99 $104 $108

Total Run

2022-03-31
2022-04-14
View Full Report

Past Reports

Location

Billings, Montana