Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

3/26/2022

Total Run: 2,393

Market Notes

Compared to last week: Steer calves were all too lightly tested this week to develop an accurate market trend, however steady to weak undertones were noticed. Feeder heifers under 600 lbs were too lightly tested either this week or last to develop an accurate market trend, however steady to weak undertones were noticed. Heifers 600-799 lbs sold steady to 8.00 higher; heifers over 800 lbs were not well compared. Quality this week was mixed from plain to attractive. Grass cattle buyers needing to fill out grass orders purchased mostly high quality cattle this week. Demand for feeder cattle was mixed this week as buyers searched for quality offerings. Demand for replacement cattle was moderate to good this week but with better market conditions for most of the week, order buyers were able to buy most of these offerings away from ranchers searching for replacements. CME positions traded mixed this week but finished the week lower after last weeks late week improvement. The August feeder cattle contract closed Friday at 178.45, 2.25 lower than last week. The March closed at 156.425, down 0.575 from last week, the April closed at 161.575, 0.75 lower. Market activity this week was mostly moderate to active with a good crowd on hand at ever sale this week. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Packers continue to show good demand for all cows on offer. Cow quality was average to attractive this week and packers were aggressive as they bid on high quality cows suitable to feed. Feeding cows sold steady to 2.00 higher in a narrow comparison. Slaughter cows sold fully steady. Slaughter cows were lower in quality this week compared to last. A large portion of the offering was comprised of fed cows again this week. These offerings were mostly purchased to return to feed. Weigh up conditions were mixed this week. Slaughter bulls sold steady. Young age cows suitable to feed or rebreed sold mostly steady to weak. These offerings were met with moderate to good demand to both feed and rebreed.

Supply included: 47% Feeder Cattle (21% Steers, 73% Heifers, 6% Bulls); 30% Slaughter Cattle (73% Cows, 27% Bulls); 23% Replacement Cattle (71% Stock Cows, 29% Bred Cows). Feeder cattle supply over 600 lbs was 61%.

LIVESTOCK SUMMARY Current Week Last Reported 3/14/2022 Last Year Total Receipts: 2,393 4,300 1,469 Feeder Cattle: 1,128(47.1%) 1,537(35.7%) 772(52.6%) Slaughter Cattle: 717(30.0%) 569(13.2%) 393(26.8%) Replacement Cattle: 548(22.9%) 537(12.5%) 304(20.7%) Feeder Sheep/Lambs: 0(0.0%) 40(0.9%) 0(0.0%) Slaughter Sheep/Lambs: 0(0.0%) 1,054(24.5%) 0(0.0%) Replacement Sheep/Lambs: 0(0.0%) 133(3.1%) 0(0.0%) Feeder Goats: 0(0.0%) 58(1.3%) 0(0.0%) Slaughter Goats: 0(0.0%) 347(8.1%) 0(0.0%) Replacement Goats: 0(0.0%) 25(0.6%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 205.5 210 210 $945
500-600 185 200 207 $1,102
600-700 178 181 186.5 $1,176
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 179 183 185.5 $822
500-600 161 173 185 $950
600-700 151 166 175.5 $1,082
700-800 139 147 154 $1,102

*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 $94 $101 $108

Total Run