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Most Recent Report

11/23/2022

Total Run: 1,643

Market Notes

Compared to last week: Steer and heifer calves were all too lightly tested this week or last week to develop any market trend. Quality today was mostly plain, with many cutback calves off summer video sales. Most calves were offered in small lots or as singles. Demand was mostly light for light offering. Several buyers were absent for todays light sale ahead of the holiday. Market activity was mostly slow. Weigh up cows sold on mostly light to moderate demand for moderate to heavy offerings. Cow quality today was mostly average. Most of the cow offering continues to be purchased to feed, either for the upcoming holidays, to turn out on corn stalks, or to feed to premium white. Short term feeding cows and high quality feeding cows both sold steady to weak. Packers opted to send almost the entire sale to feed this week as slaughter demand was mostly light. Slaughter cows sold mostly steady to 2.00 lower on breaking cows, boning and lean cows sold 1.00-3.00 lower. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. Weigh up conditions were mostly average this sale and better overall compared to last week. Young age cows suitable to feed or rebreed sold 5.00-10.00 lower. Quality was not as attractive as last week and fewer takers were actively bidding on these offerings. Many thin young cows were purchased by feeding and packer buyers and were included in the slaughter cow portion of the report.

Supply included: 43% Feeder Cattle (23% Steers, 75% Heifers, 3% Bulls); 39% Slaughter Cattle (93% Cows, 7% Bulls); 18% Replacement Cattle (75% Stock Cows, 25% Bred Cows). Feeder cattle supply over 600 lbs was 61%. AUCTION This Week Last Reported 11/16/2022 Last Year Total Receipts: 1,643 2,307 1,471 Feeder Cattle: 706(43.0%) 920(39.9%) 568(38.6%) Slaughter Cattle: 644(39.2%) 984(42.7%) 620(42.1%) Replacement Cattle: 293(17.8%) 403(17.5%) 283(19.2%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 240 241 241 $842
400-500 $--
500-600 $--
600-700 $--
700-800 172 172 241 $1,290

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 165 169 171 $761
500-600 $--
600-700 139 148 171 $963
700-800 180 180 152 $1,350

*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 $90 $92 $96

Total Run

2022-11-16
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Past Reports

Location

Billings, Montana