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Montana Weekly Livestock Auction Summary

Archived Report

4/10/2021

Total Run: 2,878

Market Notes

Compared to last week: Receipts were too light this week to make an accurate market trend, however steady undertones were noticed on both steers and heifers for like quality animals. Quality this week was plain to average and significantly lower than last weeks offering. Feeders were mostly offered in small packages or as singles with no load lots seen this week. The majority of cattle on offer were in light flesh with a few thin fleshed calves on offer as well. CME positions made positive gains most of the week but gave up some position on Friday as higher grain prices caused feeders to retreat. The April contract closed Friday at 144.75 while the May contract closed at 149.625 that's 0.875 higher on the April and 0.40 higher on the May contract. Market activity was mostly slow to moderate. Weigh up cows sold on good to very good demand again this week. Packers continue to show need for cows for immediate harvest as well as cows to feed. Packers were aggressive as they tried to purchase the majority of cows this week. Feeding buyers showed good demand for cows as well which helped push all cow prices higher. Slaughter cows sold 1.00-3.00 higher on breaking and boning cows. Lean cows saw the greatest advance in price this week selling 3.00-4.00 higher. Feeding cows sold mostly 2.00-4.00 higher. Average weigh up conditions were seen throughout the week. Slaughter bulls sold mostly 2.00-4.00 higher. Two year old to young age cows sold on mostly good to very good demand this week. Buyers showed similar demand for both cows the feed or rebreed. This class sold steady to 5.00 higher.

Supply included: 37% Feeder Cattle (44% Steers, 49% Heifers, 6% Bulls); 43% Slaughter Cattle (86% Cows, 14% Bulls); 20% Replacement Cattle (83% Stock Cows, 11% Bred Cows, 6% Bred Heifers). Feeder cattle supply over 600 lbs was 24%.

LIVESTOCK SUMMARY Current Week Last Reported 3/29/2021 Last Year Total Receipts: 2,878 9,751 2,357 Feeder Cattle: 1,064(37.0%) 8,740(89.6%) 910(38.6%) Slaughter Cattle: 1,234(42.9%) 610(6.3%) 231(9.8%) Replacement Cattle: 580(20.2%) 401(4.1%) 1,216(51.6%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 210 214 215.5 $750
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 180 180 0.0000 $630
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 $86 $90 $94

Total Run

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