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Miles City Livestock Commission Auction

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Archived Report

1/24/2023

Total Run: 2,269

Market Notes

Compared to last week: Feeder steers were too lightly tested last week to develop an accurate market trend, however unevenly steady undertones were noticed. 500-599 lbs heifers offered the best test this week as these offerings sold mostly 2.00-5.00 higher. All other heifer weights were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on heifers under 500 lbs and lower undertones were noticed on heifers over 600 lbs. Demand was mostly moderate to good for all feeders on offer. Quality this week was mixed from plain to attractive. Most offerings were weaned 45-90 days. Packages sizes were much larger this week with a few load lots on offer. A large buyer pool was on hand for todays sale. Market activity was mostly active as a result. Weigh up cows sold on mostly good demand for light to moderate offerings. All buyers showed stronger demand for cows this week as packers and feeding buyers both showed strong demand for cows. Slaughter cows sold mostly 1.00-3.00 higher on breaking and boning cows, lean cows sold 2.00-4.00 higher. Feeding cows sold mostly 2.00-4.00 higher. Cow quality was mixed this week from plain to very attractive. Weigh up conditions were mixed as well. Slaughter bulls sold generally steady in a narrow compairson. Young age cows suitable to feed or rebreed were too lightly tested last week to develop an accurate market trend, steady to firm undertones were noticed.

Supply included: 81% Feeder Cattle (48% Steers, 52% Heifers, 1% Bulls); 14% Slaughter Cattle (94% Cows, 6% Bulls); 5% Replacement Cattle (76% Stock Cows, 24% Bred Cows). Feeder cattle supply over 600 lbs was 30%. AUCTION This Week Last Reported 1/17/2023 Last Year Total Receipts: 2,269 1,485 1,114 Feeder Cattle: 1,842(81.2%) 585(39.4%) 899(80.7%) Slaughter Cattle: 322(14.2%) 187(12.6%) 149(13.4%) Replacement Cattle: 105(4.6%) 713(48.0%) 66(5.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 271 273 285 $955
400-500 228 243 258 $1,095
500-600 212.5 221 228 $1,213
600-700 180.5 192 206 $1,247
700-800 171 178 182 $1,334

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 215 216 219 $756
400-500 197.5 209 217 $943
500-600 182.5 194 209 $1,065
600-700 170 172 178 $1,120
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 $94 $96 $99

Total Run

2023-01-17
2023-01-31
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Past Reports

Location

Miles City, Montana