Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

1/8/2022

Total Run: 2,545

Market Notes

Compared to last week: All yearlings were scarcely tested thus no trend is available. Steer calves under 550 lbs sold steady to 5.00 higher. Steers over 550 lbs sold mostly 5.00-10.00 higher. Heifer calves 450-549 lbs offered the best test this week selling mostly 5.00-10.00 higher. All other heifer offerings were too lightly tested to develop an accurate market trend, steady to higher undertones were noticed. Quality this week was mixed from plain to attractive. Many calves were offered in small size packages with a load lot or light load lot seen as well. Small packages of calves sold on noticeably lighter demand this week. Most calves were weaned 45 days or more with several sets weaned over 90 days. The best demand this week was seen for calves suitable to develop into yearlings. CME feeder cattle contracts increased in price over the holidays. The January contract closed at 162.10, 1.85 higher than last report(Dec 17th). The March contract closed at 166.675, 4.975 higher. The August contract settled at 181.375 on Friday. Market activity this week was mostly active with a large buyer pool actively bidding on offerings. Weigh up cows sold on moderate to good demand for light to moderate offerings. Packers showed good demand for cows for immediate harvest. Slaughter cows sold mostly steady on breaking cows. Boning and lean cows sold mostly 3.00-5.00 higher. Feeding cows sold mostly steady to 3.00 higher. Both packers and private companies showed good demand for high quality cows suitable to feed to premium white. Slaughter bulls sold steady to 1.00 higher in a narrow comparison. Feeding bull buyers were active again this week which helped push bull prices slightly higher. Young age cows were too lightly tested this week to develop an accurate market trend, steady to lower undertones were noticed. Quality this week was plain to average. Demand from Southern fall breeding programs has lightened over the last few weeks as it is starting to get late in the season to rebreed for these producers.

Supply included: 73% Feeder Cattle (54% Steers, 45% Heifers, 0% Bulls); 19% Slaughter Cattle (91% Cows, 9% Bulls); 9% Replacement Cattle (86% Stock Cows, 14% Bred Cows). Feeder cattle supply over 600 lbs was 26%.

LIVESTOCK SUMMARY Current Week Last Reported 12/13/2021 Last Year Total Receipts: 2,545 13,342 9,071 Feeder Cattle: 1,848(72.6%) 6,964(52.2%) 7,263(80.1%) Slaughter Cattle: 474(18.6%) 2,868(21.5%) 1,347(14.8%) Replacement Cattle: 223(8.8%) 3,510(26.3%) 461(5.1%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 199 214 220 $963
500-600 173 199 209.5 $1,097
600-700 159 172 187 $1,117
700-800 158.5 160 160 $1,199

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 180.5 181 0.0000 $632
400-500 170 174 189 $781
500-600 165 169 177 $931
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 $82 $85 $90

Total Run