Cattle.com

Montana Weekly Livestock Auction Summary

Archived Report

7/30/2022

Total Run: 2,688

Market Notes

Compared to last week: Only two sales were held this past week due to summer schedules. Offerings were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality was mostly average this week. Demand for feeders was mostly good to very good, despite limited offerings. CME positions continue to support higher prices as contracts have inched higher in recent weeks and deferred contracts continue to flirt with new contract highs this week. The August contract closed Friday at 178.575, the September closed at 181.55 and the October closed at 183.725. Market activity was mostly active this week. Weigh up cows sold on mixed demand. Demand from western packers was moderate to good this week while Eastern packers showed light to moderate demand, due to heavier supplies seen from drought areas. Slaughter cows sold mostly steady to 3.00 lower. Slaughter bulls sold 8.00-10.00 lower. Feeding cows sold steady to 2.00 lower. Weigh up conditions were mixed this week. Cow and bull quality continues to be mostly average to attractive. Very few lean cows were seen this week as grazing conditions remain in good condition. The cutter cow cutout was a mixed bag this week as heavy supplies are being seen by southern packers and tighter supplies are being seen by western packers which has caused some volatility in the cutter cow cutout price. The National weekly cutter cow cutout price was 213.57 down 3.39 from last week. Young age cows suitable to feed or rebreed sold generally steady to weak. Quality was mostly average.

Supply included: 9% Feeder Cattle (38% Steers, 54% Heifers, 8% Bulls); 19% Slaughter Cattle (73% Cows, 27% Bulls); 5% Replacement Cattle (100% Stock Cows); 32% Feeder Sheep/Lambs (96% Lambs, 4% Hair Lambs); 14% Slaughter Sheep/Lambs (56% Wooled & Shorn, 2% Shorn, 5% Hair Breeds, 27% Ewes, 3% Hair Ewes, 6% Bucks, 1% Hair Bucks); 0% Replacement Sheep/Lambs (100% Ewes); 5% Feeder Goats (100% Kids); 14% Slaughter Goats (66% Kids, 27% Nannies/Does, 5% Bucks/Billies, 2% Wethers); 0% Replacement Goats (100% Nannies/Does). Feeder cattle supply over 600 lbs was 67%.

LIVESTOCK SUMMARY Current Week Last Reported 7/18/2022 Last Year Total Receipts: 2,688 994 2,747 Feeder Cattle: 248(9.2%) 590(59.4%) 1,243(45.2%) Slaughter Cattle: 506(18.8%) 359(36.1%) 972(35.4%) Replacement Cattle: 137(5.1%) 45(4.5%) 532(19.4%) Feeder Sheep/Lambs: 870(32.4%) 0(0.0%) 0(0.0%) Slaughter Sheep/Lambs: 382(14.2%) 0(0.0%) 0(0.0%) Replacement Sheep/Lambs: 10(0.4%) 0(0.0%) 0(0.0%) Feeder Goats: 140(5.2%) 0(0.0%) 0(0.0%) Slaughter Goats: 385(14.3%) 0(0.0%) 0(0.0%) Replacement Goats: 10(0.4%) 0(0.0%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 194.5 195 0.0000 $681
400-500 177 183 198 $825
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 164 164 0.0000 $574
400-500 159 162 0.0000 $727
500-600 170 170 0.0000 $935
600-700 $--
700-800 167 169 170 $1,267

*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 $89 $95 $102

Total Run