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Miles City Livestock Commission Auction

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Archived Report

3/1/2022

Total Run: 970

Market Notes

Compared to last week: Feeder steers and heifers were scarcely tested last week due to poor weather and snowy roads, thus no trend can be established, however higher undertones were noticed on all offerings. Quality this week was average to attractive. Demand was mostly good to very good for light to moderate offerings. Demand for cattle suitable to run as yearlings continues to be very good. Several part loads were sold today and good to very good demand was seen for all large packages of feeders. Despite higher grain prices feeders continue to show good demand for offerings as offerings are beginning to tighten. Market activity this week was mostly active with a large crowd on hand actively bidding on offerings. Weigh up cows sold on good to very good demand for light to moderate offerings. Many sets of cows on offer have been on feed and buyers purchased most of these offerings to return to feed. Packers showed good demand for both slaughter and feeding cows this week. Slaughter cows sold mostly 3.00-4.00 higher on lean cows. Boning and breaking cows were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Feeding cows were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Slaughter bulls sold mostly steady to 3.00 higher. Young age cows suitable to feed or rebreed were too lightly tested last week or this week to develop any market trend.

Supply included: 59% Feeder Cattle (36% Steers, 64% Heifers, 0% Bulls); 31% Slaughter Cattle (95% Cows, 5% Bulls); 10% Replacement Cattle (66% Stock Cows, 25% Bred Cows, 9% Bred Heifers). Feeder cattle supply over 600 lbs was 41%. AUCTION This Week Last Reported 2/22/2022 Last Year Total Receipts: 970 251 1,678 Feeder Cattle: 573(59.1%) 19(7.6%) 1,025(61.1%) Slaughter Cattle: 299(30.8%) 125(49.8%) 405(24.1%) Replacement Cattle: 98(10.1%) 107(42.6%) 248(14.8%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 233 233 0.0000 $1,049
500-600 200 207 221 $1,139
600-700 173 202 204.5 $1,310
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 199 203 203 $913
500-600 178 187 193 $1,026
600-700 171 173 184 $1,126
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 $91 $98 $101

Total Run

2022-02-22
2022-03-08
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Past Reports

Location

Miles City, Montana