Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

5/21/2022

Total Run: 8,838

Market Notes

Compared to last week: All weights of steers were too lightly tested last week to develop an accurate market trend, however steady undertones were noticed on steers under 800 lbs, weak undertones noticed on steers over 800 lbs. Heifer under 550 lbs were too lightly tested to develop a market trend, however steady to firm undertones were noticed. Heifers 550-749 lbs sold mostly 2.00-4.00 lower. Heifers over 750 lbs not well compared. Quality this week was mixed from plain to attractive. Quality this week was much more attractive overall compared to last week. Demand for feeder cattle was mixed with mostly good demand for cattle under 750 lbs suitable to run on grass and mostly light to moderate demand for heavy weight cattle destined for the feedlot. Each sale had a few ranchers looking to buy cattle to run on grass this summer as recent rains have helped green pastures. Local ranchers showed good demand and were very competitive bidders this week. A few sets of replacement quality heifers continue to be seen. These offerings continue to be met with good demand. Heavy weight cattle buyers showed lighter demand as outside equities played a big roll in feeder and live cattle contracts this week. CME positions were lower for much of the week. On Friday the May contract closed at 153.40 while the August 163.925. Market activity this week was mostly moderate to active. Weigh up cows sold on mostly moderate to good demand for moderate to heavy offerings. Slaughter cows sold mostly 2.00-3.00 higher on breaking cows, while boning and lean cows sold steady to 2.00 higher. Demand for slaughter cows was higher this week as western packer buyers showed stronger demand for all classes of slaughter cows. Feeding cows sold steady to 1.00 higher. Packers showed increased demand for cows to feed as they showed concern that cow supplies should lighten seasonally due to better pasture and range conditions. Slaughter bulls sold steady to firm. Weigh conditions were mixed this week. Green grass has started to help cows slick off winter hair and has many emptied out, however, with rain seen late in the week these cows were pushing more fill. Young age cows suitable to feed or rebreed sold steady to weak. Quality this week was average to attractive. Demand for rebreed type cattle remains good.

Supply included: 25% Feeder Cattle (46% Steers, 0% Dairy Steers, 46% Heifers, 7% Bulls, 1% Dairy Heifers); 22% Slaughter Cattle (87% Cows, 13% Bulls); 15% Replacement Cattle (62% Stock Cows, 8% Bred Cows, 27% Cow-Calf Pairs, 2% Heifer Pairs, 1% Bulls); 3% Feeder Sheep/Lambs (88% Lambs, 12% Sheep); 29% Slaughter Sheep/Lambs (29% Wooled & Shorn, 0% Hair Breeds, 68% Ewes, 0% Hair Ewes, 3% Bucks); 1% Replacement Sheep/Lambs (100% Ewes); 1% Feeder Goats (100% Kids); 4% Slaughter Goats (54% Kids, 28% Nannies/Does, 14% Bucks/Billies, 4% Wethers); 0% Replacement Goats (100% Families). Feeder cattle supply over 600 lbs was 59%.

LIVESTOCK SUMMARY Current Week Last Reported 5/9/2022 Last Year Total Receipts: 8,838 4,298 6,886 Feeder Cattle: 2,214(25.1%) 1,571(36.6%) 814(11.8%) Slaughter Cattle: 1,945(22.0%) 1,368(31.8%) 1,498(21.8%) Replacement Cattle: 1,356(15.3%) 1,359(31.6%) 951(13.8%) Feeder Sheep/Lambs: 280(3.2%) 0(0.0%) 380(5.5%) Slaughter Sheep/Lambs: 2,560(29.0%) 0(0.0%) 2,267(32.9%) Replacement Sheep/Lambs: 50(0.6%) 0(0.0%) 318(4.6%) Feeder Goats: 90(1.0%) 0(0.0%) 155(2.3%) Slaughter Goats: 333(3.8%) 0(0.0%) 496(7.2%) Replacement Goats: 10(0.1%) 0(0.0%) 7(0.1%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 182 183 0.0000 $825
500-600 150 177 185 $972
600-700 146 153 164.5 $993
700-800 138 148 151 $1,113

*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 $91 $98 $105

Total Run