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Miles City Livestock Commission Auction

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Most Recent Report

7/11/2023

Total Run: 551

Market Notes

Compared to last week: Feeder cattle were all too lightly tested to develop any market trend. Demand was mostly very good for very light offerings. Quality this sale was mostly plain. Most feeder cattle were offered as singles or in very small groups. Market activity was mostly active this week despite limited offerings. Weigh up cows comprised most of the offering today. Packers showed good to very good demand for both slaughter and feeding cows. Several packers or order buyers buying for packers were active this week in purchasing cows this week. Breaking and boning cows sold mostly 3.00-5.00 higher, lean cows sold 5.00-8.00 higher in a narrow comparison. Packers were aggressive as they pushed to fill slaughter needs. Several loads of cows were purchased to feed to premium white as cow quality was attractive to very attractive this week. Feeding cows sold 4.00-5.00 higher. Slaughter bulls sold fully steady. Demand for cows out paced bulls this week as several sets of high quality cows out sold bulls today. Weigh up conditions were average to above average early in the sale but deteriorated as the day progressed and cows tanked up in the heat. Young age cows sold 8.00-10.00 higher in a narrow comparison. Demand was mostly good for light offerings. Quality was mostly average to attractive this week and higher than last sale. Feeding buyers and rebreed buyers both showed good demand for offerings this week. Lower corn prices allowed feeding buyers to become more aggressive as they purchased young age cows for that purpose.

Supply included: 10% Feeder Cattle (62% Steers, 38% Heifers); 74% Slaughter Cattle (73% Cows, 27% Bulls); 16% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 73%. AUCTION This Week Last Reported 6/27/2023 Last Year Total Receipts: 551 766 610 Feeder Cattle: 55(10.0%) 54(7.0%) 20(3.3%) Slaughter Cattle: 406(73.7%) 582(76.0%) 507(83.1%) Replacement Cattle: 90(16.3%) 130(17.0%) 83(13.6%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 $--
700-800 235 244 238 $1,827

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 264 264 0.0000 $1,716
700-800 231 231 0.0000 $1,733

*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 $113 $117 $122

Total Run

2023-06-27
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Past Reports

Location

Miles City, Montana