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Archived Report

3/17/2021

Total Run: 676

Market Notes

Compared to last week: Feeder cattle were too lightly tested both this week and last to develop an accurate market trend, however steers under 550 lbs sold with lower undertones and steers over 550 lbs sold with higher undertones. All weights of heifers sold with higher undertones. Demand was moderate to good for light offerings. Rain and snow fell across much of the center portions of the country breathing new life into grass cattle demand. Most offerings under 700 lbs for steers and under 650 lbs for heifers were competitively bid on for grass programs. Canadian buyers were also competitive with grass cattle buyers over offerings. Market activity was mostly active today. Weigh up cows sold on mostly moderate to good demand for light offerings. Packers were the driving force in the market this week as they showed need for cows for immediate harvest. Slaughter cows sold steady to 2.00 higher. Feeding cows sold steady to weak on a lower quality offering. Packers opted to send a large portion of the cow offering to slaughter this week. Slaughter bulls sold 2.00-4.00 lower in a narrow comparison. Young age cows suitable to feed or rebreed sold steady to 5.00 lower in a narrow comparison. Quality was mostly average this week.

Supply included: 45% Feeder Cattle (36% Steers, 60% Heifers, 5% Bulls); 37% Slaughter Cattle (92% Cows, 8% Bulls); 18% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 38%. AUCTION This Week Last Reported 3/10/2021 Last Year Total Receipts: 676 624 282 Feeder Cattle: 304(45.0%) 299(47.9%) 135(47.9%) Slaughter Cattle: 252(37.3%) 224(35.9%) 112(39.7%) Replacement Cattle: 120(17.8%) 101(16.2%) 35(12.4%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 177 181 180 $815
500-600 170 174 181 $958
600-700 149 156 160 $1,014
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 162 163 0.0000 $735
500-600 154 157 158 $862
600-700 139.75 144 149.75 $938
700-800 133 134 149.75 $1,004

*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 $75 $78 $81

Total Run

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Past Reports


Location


Billings, Montana