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Montana Weekly Livestock Auction Summary

Archived Report

1/29/2022

Total Run: 5,439

Market Notes

Compared to last week: Steer calves under 550 lbs sold unevenly steady. Steers over 550 lbs traded generally steady. Heifer calves under 500 lbs sold unevenly steady, heifers over 500 lbs sold steady to weak. Quality this week was mixed from plain to very attractive with a large variety of quality seen this week. Sales that featured feeders had noticeable higher quality cattle and stronger demand from buyers. One iron home raised feeders sold on very good demand this week. The best demand continues to be for cattle suitable to develop into yearlings as the August feeder cattle contract continues to hover at or slightly over 180.00. The January contract settled Thursday at 158.925, 1.35 lower than last Friday. The March closed at 159.525, down 3.675 from last week. Market activity this week was mostly moderate to active. Weigh up cows sold on mostly good demand for moderate offerings. Packers showed good demand for cows for immediate harvest throughout the week. Packers pushed to own as many cows as possible as they outbid most feeding cow buyers searching for slaughter cows. Slaughter cows sold mostly 3.00-7.00 higher on all classes. The best demand and most advancement in slaughter cow prices was for lean cows. Feeding cows were too lightly tested to trend, however higher undertones were noticed. Slaughter bulls sold steady to 1.00 higher on a heavy offering. Young age cows suitable to feed or rebreed sold steady to 5.00 higher. A few heifers that lost calves have started to show up as a few ranchers have started to calve. Demand for these offerings is very good.

Supply included: 74% Feeder Cattle (49% Steers, 46% Heifers, 4% Bulls); 18% Slaughter Cattle (85% Cows, 15% Bulls); 8% Replacement Cattle (94% Stock Cows, 6% Bred Cows). Feeder cattle supply over 600 lbs was 39%.

LIVESTOCK SUMMARY Current Week Last Reported 1/17/2022 Last Year Total Receipts: 5,439 11,288 5,522 Feeder Cattle: 4,043(74.3%) 5,104(45.2%) 4,002(72.5%) Slaughter Cattle: 980(18.0%) 940(8.3%) 1,034(18.7%) Replacement Cattle: 416(7.6%) 1,232(10.9%) 486(8.8%) Feeder Sheep/Lambs: 0(0.0%) 297(2.6%) 0(0.0%) Slaughter Sheep/Lambs: 0(0.0%) 2,683(23.8%) 0(0.0%) Feeder Goats: 0(0.0%) 233(2.1%) 0(0.0%) Slaughter Goats: 0(0.0%) 794(7.0%) 0(0.0%) Replacement Goats: 0(0.0%) 5(0.0%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 207 214 222.5 $749
400-500 208.5 218 235 $983
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 189 189 0.0000 $662
400-500 166 178 197 $802
500-600 152 164 171 $901
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 $80 $84 $89

Total Run

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