Weekly Auction Cattle Wtd Avg Summary
BL_LS754  
Billings, MT    Fri Sept 14, 2018    USDA Market News

Weekly Combined Weighted Average Feeder Cattle Report                      
                                                                           

Market: Billings Livestock Commission, MT                                  
Market: Miles City, MT                                                     
Market: Public Auction Yards - Cattle, MT                     
             

Receipts: 3,870        Last Week 2,358        Last Year 4,214              

Compared to last week: Feeder steers were too lightly tested last 
week to develop an accurate market trend, however higher undertones 
were noticed on all yearlings on offer. Feeder heifers 700-899 lbs 
sold mostly firm to 2.00 higher, heifers 900-999 lbs sold unevenly
steady, but weak overall. Quality this week was mostly average to 
attractive, however quality overall varied more this week than last 
week. CME positions gained grown throughout much of the week and buyers
responded positively pushing prices higher throughout the week. CME
feeder cattle contracts from last Thursday through this Thursday
traded up 4.775 on the September, up 5.025 on the October and up
4.925 on the November to settle at 154.95, 155.40 and 155.075 
respectfully. Market activity this week was moderate to active. 
Weigh up cows were lightly tested again this week. Quality was
plain to average and most of the middle age and aged cows went to 
kill as they were not suitable to feed. Slaughter cows sold mostly 
steady to 2.00 lower. The cutter cow cutout struggled most of the week 
before posting small gains later in the week. As of Thursdays close the 
cutter cow cutout value was estimated at 164.73, 1.52 higher than 
yesterday�s value. Feeding cows were too lightly tested this week to 
develop an accurate market trend, however lower undertones were noticed 
on a lower quality offering. Slaughter bulls sold unevenly steady, as 
quality was mixed, however mostly weak undertones were noticed.  
Offerings this week consisted of 77 percent feeder cattle, 6 percent 
slaughter cows, 5 percent slaughter bulls, 9 percent feeding cows and 
bulls and cows returning to the country, balance bred cows, heifers, 
and pairs.



Slaughter Cows         
              Pct Lean    Weight    Avg Dress    High Dress    Low Dress  Very Low Dress   
Breakers       75-80    1463-1613  55.00-56.00     60.50     52.50-54.50       --
Boners         80-85    1175-1665  55.00-59.50  60.50-64.00  53.00-56.00      48.50
Lean           85-90     840-1440  55.00-56.50    59.50      48.00-54.50   38.00-47.00


Slaughter Bulls, Yield Grade 1-2              
                  Weight       Avg Dress     High Dress     Low Dress   
                1113-2320     69.50-78.00   78.00-88.50    60.00-73.50    


Feeding bulls: 1300-1814 lbs 64.00-78.00, thin 61.00-66.50.

Feeding Cows and Cows Returning to the Country: 3 yrs old: 870-1280 lbs 64.00-81.00. 3 years
old: 913-1495 lbs 60.00-70.00. Young age: 1081-1605 lbs 58.00-65.25, thin 53.00. Middle age: 
1180-1790 lbs 54.50-63.00. Aged: 1302-1495 lbs 57.50-59.25.


Exposed heifers: Medium and large 1 825 lbs 124.00 cwt. Medium 1 743 lbs 115.00 cwt.

Bred cows: 3-4 yrs old Medium and Large 1 calving Sept-Oct 1220 lbs. 1,100.00, calving Mar-Apr 
1182 lbs. 1,150.00.


                     Feeder Steers Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         16     364        364       191.00         191.00                 
          6     409        409       177.00         177.00                 
          8     498        498       156.50         156.50                 
         12   516-544      525    159.00-164.00     160.73                 
         42     637        637       163.00         163.00                 
         10   600-605      603    144.00-148.00     146.01 Calves          
         26     689        689       157.50         157.50 Calves          
        197   700-744      730    155.00-163.50     158.54                 
         63   763-785      780    153.00-158.50     156.72                 
        192   803-847      824    147.50-156.50     152.69                 
         53   904-930      921    142.00-147.00     144.23                 
         60   951-990      967    139.50-143.50     140.06  

                           Feeder Steers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          5    1001       1001       137.00         137.00                 
         28  1050-1093    1062    130.00-134.00     132.82                 
         17  1166-1174    1170    109.00-111.50     110.32 Fleshy          

                          Feeder Steers Medium 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          9     523        523       162.00         162.00 Yearlings       
         33   585-593      590    161.00-164.00     163.01 Yearlings       
          4     609        609       162.00         162.00                 
               
                          Feeder Steers Large 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          6  1005-1013    1010    123.00-134.00     126.65                 
          6    1054       1054       125.00         125.00                 

                    Feeder Steers Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          5     586        586       162.00         162.00 Yearlings       
         11     643        643       158.00         158.00                 
         27   657-695      686    154.00-157.00     156.29                 
         48   763-783      769    152.00-156.00     152.21                 
          5   908-918      912    131.00-133.00     132.19                 
          5   958-968      962    131.50-132.00     131.80                 

                     Feeder Steers Medium and Large 2                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          5     716        716       134.00         134.00                   

 
                     Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          5     384        384       148.00         148.00                 
         12     425        425       148.50         148.50                 
         10     516        516       141.00         141.00                 
         17     564        564       130.00         130.00                 
         16     578        578       148.00         148.00 Yearlings       
         15   621-646      639    143.00-146.00     143.78 Calves          
          4     651        651       147.00         147.00                 
        168   707-731      728    145.00-151.00     146.63                 
        187   750-792      778    143.00-149.00     146.57                 
        381   819-837      822    140.50-147.50     142.90                 
        236   850-898      876    136.50-145.00     139.55                 
        198   912-944      925    132.00-138.50     135.12                 
        151   957-998      986    130.50-134.50     133.11 

                        Feeder Heifers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          4     791        791       140.00         140.00                 

                          Feeder Heifers Medium 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         10   650-687      669    144.00-147.00     145.46                 
          3     718        718       144.00         144.00   

                    Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         10   717-747      734    140.00-146.00     143.32                 
          6     778        778       137.00         137.00                 
         13   826-849      834    135.00-138.00     136.75                 
         23   865-892      883    130.00-135.00     133.98                 
                              
                         Feeder Heifers Large 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          8     915        915       120.00         120.00                 

                         Feeder Heifers Medium 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         22     596        596       146.00         146.00 Yearlings       
         18   638-648      644    140.00-147.00     143.09                 
         49   653-698      666    139.00-145.00     142.05                 

                          Feeder Heifers Medium 2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         10     595        595       138.00         138.00 Yearlings  

                      Feeder Bulls Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          3     372        372       187.00         187.00                 
          9     643        643       143.00         143.00 Calves      


Source:  USDA Market News Service, Billings, MT
         John Kimbrell, Officer in Charge
         406-210-4792
         www.ams.usda.gov/mnreports/BL_LS754.txt
 
1030m
 
 
 
 
 
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