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Archived Report

4/28/2021

Total Run: 1,033

Market Notes

Compared to last week: Feeder cattle were too lightly tested to develop any market trend. Feeder cattle quality today was mostly plain. Demand was light to moderate for very light offerings. CME feeder cattle positions continue to traded lower as corn and beans have traded higher since last week. The April feeder cattle contract closed at 133.875, the May contract closed at 134.975 and the August at 148.90. Market activity today was slow to moderate. Weigh up cows sold on mostly moderate to good demand for light to moderate offerings. Slaughter and feeding cows sold generally steady. Packers continue to show good demand for young age high quality cows suitable to feed. Feeding buyers were active again this week but were not willing to push cows higher than last weeks prices. Weigh up conditions were mostly below average this week as most offerings were pushing heavy amounts of fill. Slaughter bulls sold fully steady. Young age cows suitable to feed or rebreed sold mostly 7.00-10.00 lower. The biggest declines were seen for 2 year old cows and heifers to feed as feed cost continue to climb.

Supply included: 24% Feeder Cattle (4% Steers, 18% Dairy Steers, 9% Heifers, 53% Bulls, 16% Dairy Heifers); 48% Slaughter Cattle (78% Cows, 22% Bulls); 28% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 94%. AUCTION This Week Last Reported 4/21/2021 Last Year Total Receipts: 1,033 1,603 708 Feeder Cattle: 244(23.6%) 877(54.7%) 160(22.6%) Slaughter Cattle: 498(48.2%) 448(27.9%) 326(46.0%) Replacement Cattle: 291(28.2%) 278(17.3%) 222(31.4%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 144 144 0.0000 $936
700-800 $--

*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 $89 $92

Total Run

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Past Reports


Location


Billings, Montana