Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

6/25/2022

Total Run: 5,369

Market Notes

Compared to last week: All weights of steers and heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed on both steers and heifers. Quality this week was mostly plan to average. Most feeders were sold as small lots of singles. Demand for feeders was light to moderate this week for light offerings. CME positions traded sideways for the week although several triple digit movement days were seen this past week. On Friday the August contract closed at 172.50, while the September closed at 175.075. Market activity was slow to moderate this week. Weigh up cows sold on mostly good to very good demand for moderate offerings. Slaughter cows sold mostly 4.00-7.00 higher on breaking and boning cows, lean cows sold 1.00-3.00 higher. Feeding cows sold 4.00-8.00 higher as slaughter demand pushed all cows higher. Quality this week was average to attractive. Ranchers continue to market cows which lost calves or have yet to calve, but the volume of cows being sold is slowing and tightening supplies are increasing packer competition. Slaughter bulls sold 6.00-8.00 higher. Bull quality this week was average to attractive. Weigh conditions for cows and bulls were average to above average this week. Young age cows suitable to feed or rebreed sold steady to firm. Quality this week was average to attractive. Demand for rebreed type cattle continues to be strong. Pasture and range conditions are in good condition in many parts of the state which has spurred some ranchers to buy cattle to rebreed.

Supply included: 9% Feeder Cattle (14% Steers, 86% Heifers); 40% Slaughter Cattle (88% Cows, 12% Bulls); 12% Replacement Cattle (30% Stock Cows, 70% Cow-Calf Pairs); 6% Feeder Sheep/Lambs (99% Lambs, 1% Hair Lambs); 25% Slaughter Sheep/Lambs (60% Wooled & Shorn, 6% Hair Breeds, 31% Ewes, 1% Hair Ewes, 2% Bucks, 0% Hair Bucks); 1% Replacement Sheep/Lambs (80% Ewes, 20% Hair Ewes); 5% Feeder Goats (100% Kids); 2% Slaughter Goats (85% Nannies/Does, 15% Wethers); 0% Replacement Goats (100% Nannies/Does). Feeder cattle supply over 600 lbs was 50%.

LIVESTOCK SUMMARY Current Week Last Reported 6/13/2022 Last Year Total Receipts: 5,369 4,716 7,725 Feeder Cattle: 509(9.5%) 525(11.1%) 1,188(15.4%) Slaughter Cattle: 2,154(40.1%) 1,984(42.1%) 2,528(32.7%) Replacement Cattle: 623(11.6%) 2,207(46.8%) 679(8.8%) Feeder Sheep/Lambs: 316(5.9%) 0(0.0%) 1,150(14.9%) Slaughter Sheep/Lambs: 1,333(24.8%) 0(0.0%) 1,603(20.8%) Replacement Sheep/Lambs: 53(1.0%) 0(0.0%) 75(1.0%) Feeder Goats: 265(4.9%) 0(0.0%) 160(2.1%) Slaughter Goats: 112(2.1%) 0(0.0%) 339(4.4%) Replacement Goats: 4(0.1%) 0(0.0%) 3(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 175 177 177 $972
600-700 $--
700-800 167 167 177 $1,253

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 176 176 0.0000 $792
500-600 175 176 177 $968
600-700 173 174 175.5 $1,132
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 $104 $110 $117

Total Run