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Miles City Livestock Commission Auction

Archived Report

4/27/2021

Total Run: 1,337

Market Notes

Compared to last week: Steers were all too lightly tested to develop an accurate market trend, however lower undertones were noticed on a lower quality offering. Heifers sold fully steady. Steer quality was mostly plain to average while heifer quality was average to attractive. Demand for feeder cattle was mostly moderate for light offerings. Feeder cattle were offered in mostly small to moderate size packages or as singles today; no load lots were on offer. Despite sharply higher corn prices and lower feeder cattle prices demand for feeder cattle today remained similar to last week. Most of the offerings this week were purchased to go to grass. Market activity was mostly moderate to active. Weigh up cows sold on mostly moderate demand and offerings. Slaughter and feeding cows both sold fully steady. High quality feeding cows continue to sell with the best demand as both packer and feeding cow buyers bid aggressively over offerings. Weigh up conditions were mostly below average this week as cows and bulls were pushing heavy amounts of fill. Slaughter bulls sold fully steady. Young age cows suitable to feed or rebreed sold mostly 5.00-8.00 lower. Lighter demand was seen this week as sharply higher corn prices has curbed feeding demand. Quality overall was average to attractive.

Supply included: 51% Feeder Cattle (15% Steers, 79% Heifers, 6% Bulls); 20% Slaughter Cattle (83% Cows, 17% Bulls); 29% Replacement Cattle (78% Stock Cows, 15% Bred Cows, 7% Bred Heifers). Feeder cattle supply over 600 lbs was 71%. AUCTION This Week Last Reported 4/20/2021 Last Year Total Receipts: 1,337 1,948 2,163 Feeder Cattle: 678(50.7%) 1,551(79.6%) 1,663(76.9%) Slaughter Cattle: 271(20.3%) 170(8.7%) 128(5.9%) Replacement Cattle: 388(29.0%) 227(11.7%) 372(17.2%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 170 170 0.0000 $935
600-700 152 162 169 $1,050
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 163.75 164 0.0000 $901
600-700 139.5 152 156.75 $985
700-800 131 132 149 $988

*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 $85 $86 $89

Total Run

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Past Reports


Location


Miles City, Montana