Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

7/17/2021

Total Run: 9,072

Market Notes

Compared to last week: Feeder steers were too lightly tested last week to develop an accurate market trend, however steady to firm undertones were noticed on all yearlings on offer. Yearling Heifers sold mostly 5.00 higher in a narrow comparison. Another short week was seen this week as sales start their summer schedules. Only 2 sales occurred for the week. Feeder cattle continue to be pushed off pasture and range due to dry conditions. All offerings continue to sell in light flesh and are very attractive to buyers. Demand is good for all yearlings on offer. Several sets of calves were marketed this week. Most were offered as pairs but it was more advantageous to the seller to split them. Demand for calves was light to moderate. Quality this week was average to attractive. The August CME feeder cattle contract closed Friday at 155.625. Weigh up cows sold on mostly moderate to good demand for moderate to heavy offerings. Cow quality this week was average to attractive. Demand for all cows was stronger this week as packers pushed to own as much market share as possible. The cutter cow cutout continues to hold its value despite post holiday demand and large slaughter volumes. Slaughter cows sold 1.00-2.00 higher on breaking cows while boning and lean cows sold steady to 2.00 higher. Feeding cows sold steady to firm with the best demand seen for boning and breaking fleshed cows. Packers continue to put large quantities of cows on feed as many seem concerned that supplies will slow in the fall of the year as many market cows early. Slaughter bulls sold fully steady in a narrow comparison. Young age cows suitable to feed or rebreed sold steady in a narrow comparison. Demand for rebreed offerings is light and most of the young cows on offer sold as feeding cows this week.

Supply included: 11% Feeder Cattle (31% Steers, 58% Heifers, 11% Bulls); 15% Slaughter Cattle (82% Cows, 18% Bulls); 7% Replacement Cattle (42% Stock Cows, 58% Cow-Calf Pairs); 42% Feeder Sheep/Lambs (98% Lambs, 2% Hair Lambs); 14% Slaughter Sheep/Lambs (8% Wooled & Shorn, 8% Hair Breeds, 81% Ewes, 2% Hair Ewes, 1% Bucks); 1% Replacement Sheep/Lambs (95% Ewes, 5% Hair Ewes); 3% Feeder Goats (100% Kids); 6% Slaughter Goats (36% Kids, 55% Nannies/Does, 6% Bucks/Billies, 3% Wethers); 0% Replacement Goats (100% Nannies/Does). Feeder cattle supply over 600 lbs was 82%.

LIVESTOCK SUMMARY Current Week Last Reported 7/5/2021 Last Year Total Receipts: 9,072 0 0 Feeder Cattle: 1,011(11.1%) 0(0.0%) 0(0.0%) Slaughter Cattle: 1,406(15.5%) 0(0.0%) 0(0.0%) Replacement Cattle: 630(6.9%) 0(0.0%) 0(0.0%) Feeder Sheep/Lambs: 3,802(41.9%) 0(0.0%) 0(0.0%) Slaughter Sheep/Lambs: 1,237(13.6%) 0(0.0%) 0(0.0%) Replacement Sheep/Lambs: 125(1.4%) 0(0.0%) 0(0.0%) Feeder Goats: 298(3.3%) 0(0.0%) 0(0.0%) Slaughter Goats: 558(6.2%) 0(0.0%) 0(0.0%) Replacement Goats: 5(0.1%) 0(0.0%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 180 191 196 $478
300-400 $--
400-500 162.5 168 196 $758
500-600 190 190 170 $1,045
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 150 162 180 $406
300-400 141 141 180 $494
400-500 $--
500-600 135 146 143 $805
600-700 150 155 165 $1,005
700-800 147 151 152.5 $1,131

*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 $88 $93

Total Run

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