Miles City Livestock Commission Auction
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- Miles City Livestock Commission Auction
Archived Report
3/7/2023
Total Run: 1,105
Market Notes
Compared to last week: Feeder steers and heifers were too lightly tested to develop an accurate market trend, however higher undertones were noticed all feeder offerings. Quality this sale was mostly plain to average. Demand was mostly good to very good today for very light offerings. CME feeder cattle positions continue to inch higher which continues to provide market support. Market activity was mostly active this week. Weigh up cows sold on good demand for light offerings. Breaking cows sold mostly steady to weak. Boning and lean cows sold fully steady. Packers purchased a few cows to feed again this week. Feeding cows sold generally steady in a narrow comparison. Cow quality was average to attractive this sale. Bull quality was mostly plain. Weigh up conditions were mostly average this sale. Slaughter bulls sold generally steady in a narrow comparison. Young age cows suitable to feed or rebreed were too lightly tested to develop an accurate market trend, higher undertones were noticed. Packer buyers searching for slaughter offerings continue to push the bottom end of young offerings higher as they search for cows for immediate harvest. A heavy offering of bred cows were seen this week. Quality was mixed from plain to very attractive. One large dispersion of bred cows offered buyers over 500 cows all off one ranch. Demand was good to very good for all bred cows on offer.
Supply included: 14% Feeder Cattle (52% Steers, 36% Heifers, 12% Bulls); 9% Slaughter Cattle (77% Cows, 23% Bulls); 77% Replacement Cattle (7% Stock Cows, 72% Bred Cows, 22% Bred Heifers). Feeder cattle supply over 600 lbs was 24%. AUCTION This Week Last Reported 2/28/2023 Last Year Total Receipts: 1,105 893 783 Feeder Cattle: 154(13.9%) 701(78.5%) 123(15.7%) Slaughter Cattle: 100(9.0%) 154(17.2%) 309(39.5%) Replacement Cattle: 851(77.0%) 38(4.3%) 351(44.8%)
Feeder Steers
| Weight |
Min |
Avg |
Max |
Approx* |
| 200-300 |
|
|
|
$--
|
| 300-400 |
|
|
|
$--
|
| 400-500 |
|
|
|
$--
|
| 500-600 |
261 |
261 |
0.0000 |
$1,436
|
| 600-700 |
231 |
231 |
0.0000 |
$1,502
|
| 700-800 |
|
|
|
$--
|
Feeder Heifers
| Weight |
Min |
Avg |
Max |
Approx* |
| 200-300 |
|
|
|
$--
|
| 300-400 |
|
|
|
$--
|
| 400-500 |
229 |
229 |
230 |
$1,032
|
| 500-600 |
217 |
220 |
230 |
$1,208
|
| 600-700 |
|
|
|
$--
|
| 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 |
$109 |
$111 |
$113 |
