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Montana Weekly Livestock Auction Summary

Archived Report

1/15/2022

Total Run: 14,168

Market Notes

Compared to last week: Yearlings were scarcely tested last week thus no full market trend is available. Demand for yearling offerings was good to very good. Lots of clean up cattle were seen this week and despite average quality yearlings sold with higher undertones. Steer calves under 500 lbs sold 5.00-10.00 higher, steers 500-699 lbs sold 4.00-8.00 higher, steers over 700 lbs sold steady to 5.00 higher. Heifer calves under 500 lbs sold 5.00-10.00 higher, heifers over 500 lbs sold steady to 10.00 higher. Quality this week was attractive to very attractive. Many long strings of one iron, home-raised calves were on offer. Several consigners offered multiple load lots all off one ranch. CME positions traded close to steady on nearby months. The January closed Friday at 162.70, 0.60 higher than last week. The March closed at 166.375, down 0.30 from last week. Market activity this week was mostly active. Weigh up cows sold on mostly moderate demand for moderate to heavy offerings. Packers showed good demand for cows for immediate harvest early in the week but backed off by mid week as heavy supplies were seen. Slaughter cows sold mostly steady on breaking cows; boning and lean cows sold steady to 2.00 lower. Feeding cows sold mostly 2.00-4.00 lower. Heavy offerings of cows allowed for all both feeding and slaughter cows to sell at lower money. Slaughter bulls sold steady to 2.00 lower in a narrow comparison. Cow and bull quality was average to attractive this week. Young age cows were too lightly tested last week to develop an accurate market trend, however higher to sharply higher undertones were noticed. Quality this week was average to attractive. Demand for one iron home raised offerings was very good this week.

Supply included: 70% Feeder Cattle (50% Steers, 48% Heifers, 0% Cows, 1% Bulls); 18% Slaughter Cattle (95% Cows, 5% Bulls); 11% Replacement Cattle (59% Stock Cows, 39% Bred Cows, 2% Bred Heifers). Feeder cattle supply over 600 lbs was 27%.

LIVESTOCK SUMMARY Current Week Last Reported 1/3/2022 Last Year Total Receipts: 14,168 2,545 13,350 Feeder Cattle: 9,942(70.2%) 1,848(72.6%) 6,988(52.3%) Slaughter Cattle: 2,607(18.4%) 474(18.6%) 1,699(12.7%) Replacement Cattle: 1,619(11.4%) 223(8.8%) 1,359(10.2%) Slaughter Sheep/Lambs: 0(0.0%) 0(0.0%) 2,618(19.6%) Slaughter Goats: 0(0.0%) 0(0.0%) 686(5.1%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 215 221 225.5 $775
400-500 201 220 239 $992
500-600 156 202 215.5 $1,110
600-700 164 178 192.5 $1,159
700-800 155.25 165 169.5 $1,237

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 185 196 208 $687
400-500 168.5 185 195 $831
500-600 157 171 180 $938
600-700 142 156 165 $1,016
700-800 139 152 158 $1,137

*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 $76 $84 $89

Total Run

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