Miles City Livestock Commission Auction
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Archived Report
Market Notes
Compared to last week: All feeder cattle were too lightly tested to develop an accurate market trend, however steady to weak undertones were noticed on both steers and heifers, calves and yearlings. A very light offering of feeder cattle was seen this week. No load lots were seen this week which limited demand. Buyers were forced to piece together loads. CME positions were sharply lower today, with over 2.00 losses seen, however demand for feeder cattle remains moderate to good. Market activity was mostly moderate today. Weigh up cows sold on mostly moderate demand for moderate offerings. Demand for cows was stronger this week as supplies were lighter. Slaughter cows sold generally steady. Feeding cow demand was stronger this week as packers, feeding buyers and replacement buyers all showed good demand for feeding quality cows. Feeding cows sold steady to 2.00 higher. Slaughter bulls sold steady to 1.00 lower. Demand for replacement cows was remains mostly good as buyers purchased cows to both rebreed or in hopes that they are bred for spring calves. This class of cows sold mostly steady, with older exposed cows selling mostly 2.00 higher.
Supply included: 43% Feeder Cattle (20% Steers, 80% Heifers); 44% Slaughter Cattle (81% Cows, 19% Bulls); 14% Replacement Cattle (59% Stock Cows, 41% Bred Cows). Feeder cattle supply over 600 lbs was 71%. AUCTION This Week Last Reported 8/31/2021 Last Year Total Receipts: 926 4,670 0 Feeder Cattle: 396(42.8%) 3,218(68.9%) 0(0.0%) Slaughter Cattle: 404(43.6%) 616(13.2%) 0(0.0%) Replacement Cattle: 126(13.6%) 836(17.9%) 0(0.0%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
205 |
207 |
0.0000 |
$724
|
400-500 |
186 |
201 |
212.5 |
$903
|
500-600 |
|
|
|
$--
|
600-700 |
|
|
|
$--
|
700-800 |
|
|
|
$--
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
190 |
190 |
0.0000 |
$665
|
400-500 |
169 |
173 |
175 |
$779
|
500-600 |
|
|
|
$--
|
600-700 |
155 |
155 |
175 |
$1,008
|
700-800 |
149.5 |
154 |
175 |
$1,156
|
*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 |
$80 |
$83 |
$87 |
Total Run