Miles City Livestock Commission Auction
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Archived Report
Market Notes
Compared to last week: Steers and heifers were all too lightly tested this week to develop an accurate market trend, however lower undertones were noticed on all offerings. Quality this week was mostly plain to average and significantly lower in quality than last weeks mostly very attractive offering. Light offerings limited demand this week as fewer buyers were on hand bidding on offerings and some buyers were reluctant to start loads due to limited supplies. Market activity was slow to moderate this week. Weigh up cows sold on mostly good demand this week. Feeding and packer buyers both showed good demand as they competed over limited offerings. Packers purchased most cows to return to feed this week. Slaughter cow demand was mostly good as packers competed with feeding buyers over lower quality or older offerings. Slaughter and feeding cows sold mostly 1.00-3.00 higher in a very narrow comparison. Slaughter bulls sold generally steady. Two year old to young age cows were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Stronger demand was seen for these offerings this week as rebreed buyers were searching for cows that lost calves.
Supply included: 50% Feeder Cattle (37% Steers, 58% Heifers, 5% Bulls); 22% Slaughter Cattle (87% Cows, 13% Bulls); 28% Replacement Cattle (55% Stock Cows, 45% Bred Cows). Feeder cattle supply over 600 lbs was 27%. AUCTION This Week Last Reported 3/16/2021 Last Year Total Receipts: 646 2,951 922 Feeder Cattle: 326(50.5%) 2,671(90.5%) 737(79.9%) Slaughter Cattle: 139(21.5%) 165(5.6%) 85(9.2%) Replacement Cattle: 181(28.0%) 115(3.9%) 100(10.8%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
183 |
183 |
0.0000 |
$824
|
500-600 |
160 |
168 |
181 |
$922
|
600-700 |
150.5 |
153 |
159 |
$994
|
700-800 |
138 |
138 |
159 |
$1,035
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
165 |
166 |
167.25 |
$747
|
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 |
$61 |
$77 |
$84 |
Total Run