Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

5/28/2022

Total Run: 4,615

Market Notes

Compared to last week: Steers 550-699 lbs offered the best test this week and these offerings sold mostly 5.00-8.00 higher. All other calves were too lightly tested last week to develop an accurate market trend, however steady to higher undertones were noticed. Heifers 500-749 lbs offered the best test this week and these offerings sold mostly steady to 5.00 higher. All other heifer calves were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality this week was average to very attractive. Several sets of cattle were developed specifically for grass and buyers showed mostly good to very good demand for these offerings. Recent rains have sparked interest in the grass cattle market as ranchers helped make a last minuet push to fill summer pastures despite lower CME positions. The August contract closed Friday at 166.325, while the September closed at 169.30. Feedlot ready cattle sold on moderate demand, but stronger demand than was seen last week. Market activity this week was mostly active with a large buyer pool on hand actively bidding on offerings. Weigh up cows sold on light to moderate demand this week. Packers showed lighter demand for slaughter cows this week as supplies continue to be seasonally high. Slaughter cows sold steady to 1.00 lower. Feeding cows continue to sell on good demand as packers show concern for cow supplies going forward into summer months. High quality cows sold fully steady while average quality cows sold 2.00-3.00 lower. Slaughter bulls sold fully steady. Young age cows suitable to feed or rebreed sold steady to 2.00 lower. Demand for rebreed offerings was moderate to good this week.

Supply included: 52% Feeder Cattle (36% Steers, 61% Heifers, 3% Bulls); 26% Slaughter Cattle (87% Cows, 13% Bulls); 23% Replacement Cattle (58% Stock Cows, 4% Bred Cows, 1% Bred Heifers, 33% Cow-Calf Pairs, 4% Heifer Pairs). Feeder cattle supply over 600 lbs was 63%.

LIVESTOCK SUMMARY Current Week Last Reported 5/16/2022 Last Year Total Receipts: 4,615 8,838 5,135 Feeder Cattle: 2,386(51.7%) 2,214(25.1%) 2,034(39.6%) Slaughter Cattle: 1,177(25.5%) 1,945(22.0%) 1,578(30.7%) Replacement Cattle: 1,052(22.8%) 1,356(15.3%) 1,523(29.7%) Feeder Sheep/Lambs: 0(0.0%) 280(3.2%) 0(0.0%) Slaughter Sheep/Lambs: 0(0.0%) 2,560(29.0%) 0(0.0%) Replacement Sheep/Lambs: 0(0.0%) 50(0.6%) 0(0.0%) Feeder Goats: 0(0.0%) 90(1.0%) 0(0.0%) Slaughter Goats: 0(0.0%) 333(3.8%) 0(0.0%) Replacement Goats: 0(0.0%) 10(0.1%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 187.5 196 0.0000 $884
500-600 188 209 213 $1,149
600-700 186 205 209 $1,335
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 167.5 168 0.0000 $586
400-500 162.5 180 0.0000 $811
500-600 160.5 171 180 $940
600-700 152 163 168.5 $1,056
700-800 146 153 154 $1,151

*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 $99 $105

Total Run