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Montana Weekly Livestock Auction Summary

Archived Report

4/8/2023

Total Run: 2,280

Market Notes

Compared to last week: Steer and heifer feeder cattle all sold fully steady. Quality this week was mostly average and overall not as attractive as last weeks offering. All size packages sold on good demand. Demand for grass cattle remains good to very good. Positive market news late in the week helped spur interest for late week sales, as packers purchased slaughter cattle in the western corn belt at 175.00-177.00 and in Nebraska at 177.00. This pushed CME prices higher for both live cattle and feeder cattle Thursday. Market activity was mostly active this week despite a smaller offering of feeders. Weigh up cows sold on mostly good demand for light to moderate offerings. Packer buyers showed good demand for both slaughter and feeding cows this week. Slaughter cows sold 1.00-3.00 higher on all offerings. Slaughter bulls sold generally steady. Feeding cows sold mostly 2.00-4.00 higher as packers were more competitive over high quality offerings. Weigh up conditions overall were mixed but many sets of cows were pushing moderate fill. Young age cows suitable to feed or rebreed sold on very good demand as several order buyers were searching for this class of cows. The best demand was seen for first calf heifers which lost calves. Quality this week was attractive for these offerings and most sold 13.00-18.00 higher than last week.

Supply included: 41% Feeder Cattle (39% Steers, 51% Heifers, 10% Bulls); 32% Slaughter Cattle (86% Cows, 14% Bulls); 27% Replacement Cattle (88% Stock Cows, 7% Bred Cows, 2% Bred Heifers, 3% Bulls). Feeder cattle supply over 600 lbs was 46%.

LIVESTOCK SUMMARY Current Week Last Reported 3/27/2023 Last Year Total Receipts: 2,280 5,846 3,116 Feeder Cattle: 929(40.7%) 4,619(79.0%) 1,319(42.3%) Slaughter Cattle: 725(31.8%) 693(11.9%) 991(31.8%) Replacement Cattle: 626(27.5%) 534(9.1%) 806(25.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 $--
400-500 $--
500-600 250 252 254 $1,387
600-700 203 222 245 $1,443
700-800 191 198 210 $1,487

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 252.5 253 0.0000 $884
400-500 231 237 0.0000 $1,064
500-600 226 230 238 $1,264
600-700 207 212 225 $1,378
700-800 163 180 192 $1,350

*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 $108 $116 $123

Total Run

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