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Archived Report

2/3/2021

Total Run: 654

Market Notes

Compared to last week: Feeder cattle were too lightly tested last week to develop any market trend. Demand was mostly moderate for very light offerings. Quality was mostly average. Despite light feeder cattle supplies, buyers were quick to bid on offerings as a good crowd of buyers was on hand actively bidding on offerings. Market activity was mostly moderate to active. Weigh up cows sold on mostly good demand for light offerings. Slaughter cows sold mostly steady to 2.00 higher in a narrow comparison on all classes. The cutter cow cutout continues to push higher as seasonally light supplies have packers bidding up offerings in order to obtain supplies. Feeding buyers were active today as they pushed packer buyers to put together loads. Feeding cows sold steady to 3.00 higher. Slaughter bulls sold were too lightly tested either this week or last to develop an accurate market trend, however higher undertones were noticed. Cow and bull quality this week was mostly average. Weigh up conditions were average to below average today, but better overall than last week. Young age cows sold on mostly light to moderate demand this sale. Quality was average. Young age cows sold steady to 5.00 higher in a narrow comparison.

Supply included: 34% Feeder Cattle (33% Steers, 14% Dairy Steers, 41% Heifers, 1% Bulls, 11% Dairy Heifers); 47% Slaughter Cattle (92% Cows, 8% Bulls); 19% Replacement Cattle (92% Stock Cows, 8% Bred Cows). Feeder cattle supply over 600 lbs was 80%. AUCTION This Week Last Reported 1/27/2021 Last Year Total Receipts: 654 564 717 Feeder Cattle: 222(33.9%) 105(18.6%) 263(36.7%) Slaughter Cattle: 309(47.2%) 388(68.8%) 195(27.2%) Replacement Cattle: 123(18.8%) 71(12.6%) 259(36.1%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 180 182 186 $821
500-600 159 164 166 $899
600-700 145 145 166 $943
700-800 130.5 133 135 $997

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 137 141 142 $775
600-700 137 137 142 $891
700-800 125 125 142 $938

*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 $83 $86 $90

Total Run

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Past Reports


Location


Billings, Montana