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Archived Report

5/4/2022

Total Run: 1,376

Market Notes

Compared to last week: Feeder cattle were too lightly tested last week to develop an accurate market trend, higher undertones were noticed on both steers and heifers. Quality this week was average to attractive for todays light offering. Demand for all feeders was good with most destined to run on grass for the summer. Rain continues to provide some optimism for ranchers as drought conditions have improved across much of the southern portion of the state. Market activity this week was mostly moderate to active. Weigh up cows sold on mostly light to moderate demand and offerings. Packers sat on their hands much of the sale as they wanted to buy cows lower. Slaughter cows sold mostly 3.00 lower on all classes. Feeding cows continue to sell with good demand and both packers and independent feeders both showed good demand for cows suitable to feed. These offerings sold steady to weak. Slaughter bulls sold mostly 2.00-3.00 higher. Bull quality this week was mostly attractive. Weigh up conditions were mostly in buyers favor as fresh green grass has cows slicked off and hollowed out. Young age cows suitable to feed or rebreed sold generally steady. Demand for cattle to rebreed continues to be good.

Supply included: 26% Feeder Cattle (26% Steers, 43% Heifers, 31% Bulls); 29% Slaughter Cattle (83% Cows, 17% Bulls); 45% Replacement Cattle (37% Stock Cows, 13% Bred Cows, 30% Cow-Calf Pairs, 21% Heifer Pairs). Feeder cattle supply over 600 lbs was 36%. AUCTION This Week Last Reported 4/27/2022 Last Year Total Receipts: 1,376 1,213 880 Feeder Cattle: 362(26.3%) 291(24.0%) 348(39.5%) Slaughter Cattle: 399(29.0%) 738(60.8%) 389(44.2%) Replacement Cattle: 615(44.7%) 184(15.2%) 143(16.3%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 207.5 208 0.0000 $1,141
600-700 191 191 191.75 $1,244
700-800 175.5 176 191.75 $1,316

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 192.5 193 0.0000 $674
400-500 187 188 0.0000 $847
500-600 181 183 184 $1,008
600-700 $--
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 $92 $98 $104

Total Run

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Past Reports


Location


Billings, Montana