Miles City Livestock Commission Auction

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Archived Report

Market Notes

Compared to last week: Feeder cattle were all too lightly tested this week and last week to develop any market trend. Quality this sale was mostly plain to average, with a limited offering of attractive cattle. Demand was mostly moderate to good for light offerings. Cattle were offered in mostly small packages or as singles forcing buyers to piece together loads. CME feeder cattle contract prices were lower today as most nearby contracts traded 3.75-3.925 lower. Market activity was mostly moderate to active this week. Weigh up cows sold on moderate to good demand for light to moderate offerings. Slaughter cows were lightly tested last week so all comparisons are narrow. Breaking cows were too lightly tested to develop any market trend, boning and lean cows sold mostly 2.00 lower. Heavier cow supplies are being seen across much of the upper plains as some regions of the county have started to brand calves and cull cows. This has allowed for supplies to ease slightly and prices to slip lower. Feeding cows sold on mostly good demand as packers prepare for lighter supplies during the summer months. Feeding cows sold with lower undertones in a narrow comparison. Slaughter bulls sold on moderate to good demand this sale. Slaughter bulls were too lightly tested to develop an accurate market trend, steady to lower undertones were noticed. Cow and bull quality was mostly average this week. Weigh up conditions were mixed this week. Young age cows comprised a large portion of the sale again this week as ranchers continue to sell off cows which lost calves. Young age cows sold mostly steady to firm.

Supply included: 38% Feeder Cattle (54% Steers, 35% Heifers, 10% Bulls); 30% Slaughter Cattle (64% Cows, 36% Bulls); 32% Replacement Cattle (91% Stock Cows, 9% Bred Heifers). Feeder cattle supply over 600 lbs was 48%. AUCTION This Week Last Reported 4/25/2023 Last Year Total Receipts: 588 1,916 1,206 Feeder Cattle: 222(37.8%) 1,701(88.8%) 650(53.9%) Slaughter Cattle: 177(30.1%) 75(3.9%) 301(25.0%) Replacement Cattle: 189(32.1%) 140(7.3%) 255(21.1%)

*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