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Public Auction Yards Livestock Cattle Auction

Archived Report

4/14/2021

Total Run: 6,541

Market Notes

Compared to last week: Feeder cattle were too lightly tested last week to develop any market trend. Today Public auction yards hosted its annual April fest feeder special. Demand was mostly moderate to good for heavy offerings. Quality was mostly average to very attractive. Feeders were offered in both load lots and packages. Demand for light fleshed cattle suitable to run on grass was mostly moderate today. Demand for grass cattle was slightly lower this week as concerns over drought conditions and higher feed prices weighted on the market. Heavy weight cattle were mostly attractive to very attractive and despite lower CME feeder and live cattle positions this class of cattle sold with moderate to good demand. CME feeder cattle positions sold off today as higher feed prices pressured feeder contracts lower. The April contract closed 1.30 lower at 141.15, while the May closed 1.90 lower at 145.425. Market activity this sale was mostly moderate to active. Weigh up cows sold on mostly good to very good demand for light offerings. Packers and feeding buyers were both active in buying cows suitable to feed. Feeing cows and slaughter cows sold steady to firm in a narrow comparison. Weigh up conditions were mostly below average today as cows sold late in the evening. Most cows were pushing heavy amounts of fill. Slaughter bulls sold steady to firm in a narrow comparison. Young age cows suitable to feed or re-breed sold steady to firm as quality this sale was average to attractive and slightly higher than last sale. Several cow-calf pairs sold today. These offerings were met with mostly light to moderate demand. As discussed earlier, much of the state is dry and worries of a drought hampered demand.

Supply included: 93% Feeder Cattle (37% Steers, 63% Heifers, 0% Bulls); 2% Slaughter Cattle (84% Cows, 16% Bulls); 5% Replacement Cattle (39% Stock Cows, 55% Cow-Calf Pairs, 5% Heifer Pairs). Feeder cattle supply over 600 lbs was 67%. AUCTION This Week Last Reported 4/7/2021 Last Year Total Receipts: 6,541 786 2,027 Feeder Cattle: 6,057(92.6%) 298(37.9%) 1,988(98.1%) Slaughter Cattle: 158(2.4%) 374(47.6%) 15(0.7%) Replacement Cattle: 326(5.0%) 114(14.5%) 24(1.2%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 208 208 0.0000 $728
400-500 193 198 202 $893
500-600 174.5 183 195 $1,005
600-700 157 169 179.25 $1,097
700-800 136.5 150 158 $1,127

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 176 176 0.0000 $616
400-500 169 172 182.5 $774
500-600 153.5 160 169 $882
600-700 134 149 154.5 $971
700-800 135.5 140 144 $1,052

*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 $85 $90 $94

Total Run

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Past Reports


Location


Billings, Montana