Montana Weekly Livestock Auction Summary
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- Montana Weekly Livestock Auction Summary
Archived Report
6/19/2021
Total Run: 3,179
Market Notes
Compared to last week: Feeder steers and heifers were too lightly tested to develop an accurate market trend, however steady to higher undertones were noticed. Quality this week was plain to average and lower overall than last week. Demand was mostly moderate to good for light offerings. The August CME feeder cattle contract closed 3.85 higher than last Fridays close at 155.025. Weigh up cows comprised the majority of sales last week. Demand was mostly moderate to good for moderate to heavy offerings. Breaking cows and boning cows sold generally steady while lean cows sold mostly 2.00-3.00 higher. Packers were very aggressive as they purchased cows to feed this week. Packers purchased the majority of the cow offerings to put on feed this week. Feeding cows sold mostly 3.00-5.00 higher. The cutter cow cutout continues to move higher as the 4th of July usually marks the height of ground meat demand. The weekly cutter cow cutout closed at 225.58, 3.00 higher than last week. Slaughter bulls started the week lower but held their ground late in the week as packers showed stronger demand as the week progressed. Slaughter bulls sold steady to 1.00 lower. Young age cows suitable to feed or rebreed sold generally steady. Demand from local ranchers helped improve this class of cattle as several ranchers were looking for replacement stock cows.
Supply included: 27% Feeder Cattle (38% Steers, 0% Dairy Steers, 56% Heifers, 6% Bulls); 53% Slaughter Cattle (87% Cows, 13% Bulls); 20% Replacement Cattle (84% Stock Cows, 1% Bred Heifers, 12% Cow-Calf Pairs, 2% Heifer Pairs). Feeder cattle supply over 600 lbs was 68%.
LIVESTOCK SUMMARY Current Week Last Reported 6/7/2021 Last Year Total Receipts: 3,179 9,940 2,674 Feeder Cattle: 864(27.2%) 2,670(26.9%) 677(25.3%) Slaughter Cattle: 1,694(53.3%) 3,294(33.1%) 835(31.2%) Replacement Cattle: 621(19.5%) 1,381(13.9%) 1,162(43.5%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
|
|
|
$--
|
500-600 |
185 |
190 |
0.0000 |
$1,045
|
600-700 |
168 |
178 |
180 |
$1,158
|
700-800 |
139 |
156 |
162 |
$1,171
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
|
|
|
$--
|
500-600 |
150 |
160 |
163 |
$879
|
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 |
$78 |
$88 |
$94 |
Total Run