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Miles City Livestock Commission Auction

Archived Report

6/14/2022

Total Run: 1,124

Market Notes

Compared to last week: Feeder cattle were scarcely tested this week, thus no trend can be established. Demand for feeder cattle was mostly moderate for very light offerings. Quality was mostly plain to average. Recent rains have slowed the volume of feeders being marketed as range and pasture conditions are in good to very good condition across the eastern portion of the state. Market activity this week was mostly slow to moderate. Weigh up cows comprised most of the offering today. Slaughter cows sold on very good demand. Slaughter cows sold mostly 1.00-3.00 higher on all classes. Demand from western packers is very good as cows in western states are running mostly 15.00-20.00 cwt higher than cows in Montana which has helped improve prices here as they push to gain market share. Feeding cows sold 1.00-2.00 higher as increased feeding demand helped push high quality feeding cow prices higher. Cow prices improved as the sale progressed. Weigh up conditions continue to be in buyers favor as cows are mostly slicked off and very empty. Weights have improved drastically over the past few weeks as cows are starting to flesh up and many are one grade higher than they were just 2-3 weeks ago. Cow quality this week was mostly very attractive with many long strings of cows off reputation ranches. Many of these large ranches continue to brand calves and gather cows which lost calves in spring snow storms and bring them to market. Slaughter bulls sold 2.00-3.00 higher as packers and feeding buyers competed over bulls. Young age cows sold steady to 3.00 higher. Quality was average to attractive this week. This class continues to improve as buyers are looking for young cows to turnout as many speculate on continued market improvement.

Supply included: 7% Feeder Cattle (3% Steers, 47% Heifers, 51% Bulls); 79% Slaughter Cattle (91% Cows, 9% Bulls); 14% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 82%. AUCTION This Week Last Reported 6/7/2022 Last Year Total Receipts: 1,124 1,309 921 Feeder Cattle: 78(6.9%) 134(10.2%) 107(11.6%) Slaughter Cattle: 891(79.3%) 874(66.8%) 692(75.1%) Replacement Cattle: 155(13.8%) 301(23.0%) 122(13.2%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 156.5 160 164 $1,043
700-800 145 147 164 $1,099

*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 $100 $104 $109

Total Run