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Archived Report

1/6/2021

Total Run: 1,278

Market Notes

Compared to last week: Yearling steers were too lightly tested to develop any market trend. Yearling heifers sold with lower undertones in a narrow comparison. Steer and heifer calves were too lightly tested to develop an accurate market trend, however steers and heifers under 500 lbs sold with higher undertones and steers and heifers over 500 lbs sold with lower undertones. Demand was mostly light to moderate for light offerings. Not enough cattle were on offer for buyers to dig in and start loads. Most cattle were weaned this sale. The best demand continues to be for cattle suitable to run on grass and develop into yearlings. CME contracts have been volatile over the last few days and buyers showed some caution this sale as they bid on offerings. Market activity was slow to moderate. Weigh up cows sold on mostly light to moderate demand for moderate offerings. Packer buyers were reserved this sale and let feeding buyers purchase the majority of the cows on offer. Slaughter cows sold 2.00-4.00 lower on breaking cows, and mostly 1.00 lower on boning and lean cows. Feeding cows sold generally steady to weak. Cow quality this week was average to attractive. Weigh up conditions were mostly below average for buyers as most cows were very full. Slaughter bulls sold mostly 1.00-3.00 lower. Young age cows sold on mostly light demand this sale. Quality was average to attractive. Demand for rebreed cows has diminished as it is getting too late in the season for fall breeding programs. Additionally, higher grain prices makes this class less appealing to feed. Young age cows sold mostly 2.00-3.00 lower.

Supply included: 32% Feeder Cattle (21% Steers, 76% Heifers, 3% Bulls); 52% Slaughter Cattle (93% Cows, 7% Bulls); 17% Replacement Cattle (96% Stock Cows, 4% Bred Cows). Feeder cattle supply over 600 lbs was 56%. AUCTION This Week Last Reported 12/16/2020 Last Year Total Receipts: 1,278 1,936 1,936 Feeder Cattle: 408(31.9%) 859(44.4%) 655(33.8%) Slaughter Cattle: 659(51.6%) 853(44.1%) 160(8.3%) Replacement Cattle: 211(16.5%) 224(11.6%) 1,121(57.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 176 180 180 $809
500-600 165.5 166 180 $910
600-700 136.5 140 143.5 $909
700-800 129 130 135 $976

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 170 170 0.0000 $595
400-500 $--
500-600 $--
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 $62 $73 $84

Total Run

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Past Reports


Location


Billings, Montana