Miles City Livestock Commission Auction

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Archived Report

Market Notes

Compared to last week: Feeder cattle were too lightly tested either this week or last week to develop an accurate market trend, however steady to higher undertones were noticed on steers and steady undertones were noticed on heifers. A heavy offering of replacement heifers were seen today. These offerings were met with mostly good to very good demand. Quality was mostly very attractive on all replacement quality heifers. Feeder cattle were mostly average in quality this week. Market activity was active with both ranchers and order buyers actively bidding on offerings. Weigh up cows sold on mostly light to moderate demand and moderate offerings. Slaughter cows sold mostly 2.00-5.00 lower on all classes this week. The majority of cows destined for slaughter are lower quality cows or cows not suitable to feed. Feeding cow demand was mostly good again this week as packers and independent feeders both competed over offerings. Feeding cows sold steady to weak. Heavy cow and bull receipts have been seen over the last month or so as a series of spring snow storms have killed a large number of calves. This has drove up the number of cows for offer. The cutter cow cutout has seen pressure over the last few weeks as heavy supplies have forced the cutout lower. The cutter cow cutout closed today at 221.69. Prior to the snow storms the cutout was hovering between 227.00 and 229.00. Weigh up conditions were average this week for both cows and bulls. Slaughter bulls sold fully steady. Young age cows suitable to feed or rebreed sold on mostly very good demand. Several buyers were very active in bidding on these offerings and pushed prices higher as they attempted to fill loads. Many cows had lost calves in the recent storms and were very attractive in quality. These offerings sold mostly 8.00-10.00 higher in a narrow comparison.

Supply included: 54% Feeder Cattle (15% Steers, 82% Heifers, 3% Bulls); 25% Slaughter Cattle (85% Cows, 15% Bulls); 21% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 82%. AUCTION This Week Last Reported 4/26/2022 Last Year Total Receipts: 1,206 1,367 1,452 Feeder Cattle: 650(53.9%) 974(71.3%) 769(53.0%) Slaughter Cattle: 301(25.0%) 275(20.1%) 401(27.6%) Replacement Cattle: 255(21.1%) 118(8.6%) 282(19.4%)

*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

Total Run

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Past Reports

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• 2020
• 2020
• 2020
• 2020

Location

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Miles City, Montana