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Miles City Livestock Commission Auction

Archived Report

4/4/2023

Total Run: 499

Market Notes

Compared to last week: Feeder cattle were all too lightly tested to develop an accurate market trend, steady to higher undertones were noticed. Quality this sale was mixed from plain to attractive. Demand was mostly good for light offerings. Flesh conditions were mixed this week, from light to moderate. Most backgrounded offerings were in moderate flesh, however quality was mostly attractive. Market activity was mostly active this week. Weigh up cows sold on mostly good demand for light offerings. Slaughter cows sold generally 1.00-2.00 higher in a narrow comparison. Major packers and local packers continue to be very aggressive as they fight over limited offerings. No cows were purchased to feed this week as slaughter demand was very good. Slaughter bulls sold on good to very good demand this sale. Slaughter bulls sold 1.00-3.00 higher on all offerings. Feeding bull buyers pushed lower quality or light weight bulls higher this week. As a result, low dressing bulls saw the biggest upswing in price. Cow and bull quality was average to attractive this week. Weigh up conditions were average to below average this week as most cows and bulls pushed excess fill. Young age cows suitable to feed or rebreed saw the biggest price increase this week as several buyers were looking for cows to breed. Young age cows sold mostly 10.00-15.00 higher and some attractive offerings sold very close to yearling heifer price.

Supply included: 49% Feeder Cattle (32% Steers, 46% Heifers, 22% Bulls); 20% Slaughter Cattle (41% Cows, 59% Bulls); 31% Replacement Cattle (80% Stock Cows, 9% Bred Heifers, 10% Bulls). Feeder cattle supply over 600 lbs was 59%. AUCTION This Week Last Reported 3/28/2023 Last Year Total Receipts: 499 672 1,293 Feeder Cattle: 245(49.1%) 382(56.8%) 729(56.4%) Slaughter Cattle: 99(19.8%) 219(32.6%) 198(15.3%) Replacement Cattle: 155(31.1%) 71(10.6%) 366(28.3%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 $--
700-800 191 193 197 $1,445

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 252.5 253 0.0000 $884
400-500 231 231 0.0000 $1,040
500-600 226 227 0.0000 $1,250
600-700 207 210 218.5 $1,365
700-800 186 186 218.5 $1,395

*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 $108 $118 $123

Total Run

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Past Reports


Location


Miles City, Montana