Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

6/11/2022

Total Run: 6,348

Market Notes

Compared to last week: All weights of steers and heifers were too lightly tested to develop an accurate market trend, however steady to firm undertones were noticed on steers and mostly higher undertones were noticed on heifers. Quality this week was mixed from plan to attractive. Most offerings were in small lots or singles this week with only a few packages of cattle seen. Despite light offerings demand was mostly good this week. CME positions slowed upward momentum as they moved sideways for the week. On Friday the August contract closed at 174.475, 0.60 higher for the week, while the September closed at 176.05, 0.25 lower for the week. Order buyers and ranchers looking for grass cattle were very competitive over limited offerings. Market activity was mostly active as a result. Weigh up cows sold on mostly good demand for moderate to heavy offerings. Slaughter cows sold with the best demand this week as western packers were very active in buying cows for immediate harvest. Breaking cows sold with the lightest demand this week as these offerings sold steady to 2.00 higher. Boning cows sold 2.00-3.00 higher, while lean cows sold with the best demand and sold mostly 2.00-5.00 higher. Feeding cows sold steady to 4.00 higher as stronger slaughter demand pushed all cows higher. Many high quality cows were seen this week as ranchers brand calves and sell off cows which lost calves or have yet to calve. Slaughter bulls sold steady to firm. Bull quality this week was average to attractive. Weigh conditions were very good for buyers this week as most cows were very empty and hallowed out from the fresh green grass. Yields this week were significantly higher than last week on both cows and bulls. Young age cows suitable to feed or rebreed sold 5.00-10.00 higher. Quality this week was average to attractive. Demand for rebreed type cattle strengthened this week following higher CME feeder cattle prices and additional rains which have pastures and range in very good condition in many parts of the state.

Supply included: 17% Feeder Cattle (33% Steers, 60% Heifers, 7% Bulls); 29% Slaughter Cattle (89% Cows, 11% Bulls); 15% Replacement Cattle (62% Stock Cows, 11% Bred Cows, 24% Cow-Calf Pairs, 4% Heifer Pairs); 7% Feeder Sheep/Lambs (75% Lambs, 25% Hair Lambs); 22% Slaughter Sheep/Lambs (42% Wooled & Shorn, 6% Hair Breeds, 47% Ewes, 1% Hair Ewes, 3% Bucks, 1% Hair Bucks); 3% Replacement Sheep/Lambs (93% Ewes, 7% Hair Ewes); 2% Feeder Goats (100% Kids); 4% Slaughter Goats (39% Kids, 40% Nannies/Does, 13% Bucks/Billies, 8% Wethers); 0% Replacement Goats (100% Nannies/Does). Feeder cattle supply over 600 lbs was 59%.

LIVESTOCK SUMMARY Current Week Last Reported 5/30/2022 Last Year Total Receipts: 6,348 3,822 9,940 Feeder Cattle: 1,062(16.7%) 946(24.8%) 2,670(26.9%) Slaughter Cattle: 1,869(29.4%) 1,560(40.8%) 3,294(33.1%) Replacement Cattle: 973(15.3%) 1,316(34.4%) 1,381(13.9%) Feeder Sheep/Lambs: 465(7.3%) 0(0.0%) 756(7.6%) Slaughter Sheep/Lambs: 1,397(22.0%) 0(0.0%) 1,346(13.5%) Replacement Sheep/Lambs: 163(2.6%) 0(0.0%) 81(0.8%) Feeder Goats: 158(2.5%) 0(0.0%) 4(0.0%) Slaughter Goats: 236(3.7%) 0(0.0%) 408(4.1%) Replacement Goats: 25(0.4%) 0(0.0%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 185 187 190 $840
500-600 $--
600-700 173 173 190 $1,125
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 175 176 177 $793
500-600 166.5 170 177 $936
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 $91 $100 $106

Total Run