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Miles City Livestock Commission Auction

Archived Report

4/13/2021

Total Run: 1,276

Market Notes

Compared to last week: Steers and heifers were all too lightly tested either this week or last week to develop an accurate market trend, however higher undertones were noticed. Quality this week was mixed from plain to attractive. Feeder cattle were mostly offered in small to moderate size packages. Many singles were seen today as well. CME feeder positions were lower today as feed commodities pushed higher. The nearby April feeder cattle contract closed at 142.45, May closed at 147.325 and August closed at 158.15, which is 2.05, 2.375, and 2.425 lower, respectfully. Market activity was mostly slow to moderate this week. More buyers were on hand this sale compared to last week. Weigh up cows sold on mostly moderate to good demand for light offerings. Packers and feeder buyers continue to show good demand for cows. Packers purchased cows to both feed and send to harvest this week. Slaughter cows sold steady to 1.00 higher on all classes in a light test. Feeding cows sold steady to weak. Notably, feeding cow quality was not as attractive as last week. Weigh up conditions were mixed this sale. Slaughter bulls sold fully steady. Young age cows suitable to feed or rebreed sold fully steady. Quality was mostly average this week.

Supply included: 78% Feeder Cattle (33% Steers, 65% Heifers, 2% Bulls); 12% Slaughter Cattle (68% Cows, 32% Bulls); 10% Replacement Cattle (90% Stock Cows, 10% Bred Cows). Feeder cattle supply over 600 lbs was 43%. AUCTION This Week Last Reported 4/6/2021 Last Year Total Receipts: 1,276 606 0 Feeder Cattle: 994(77.9%) 290(47.9%) 0(0.0%) Slaughter Cattle: 154(12.1%) 172(28.4%) 0(0.0%) Replacement Cattle: 128(10.0%) 144(23.8%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 200 206 202 $722
400-500 181 194 202 $872
500-600 175 184 193 $1,011
600-700 164 178 181.5 $1,160
700-800 154 154 168 $1,155

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 178 178 0.0000 $623
400-500 165.5 167 168 $750
500-600 151 162 169 $894
600-700 137 145 155.5 $941
700-800 132 134 146 $1,004

*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 $71 $90 $99

Total Run

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Past Reports


Location


Miles City, Montana