Miles City Livestock Commission Company Report
BL_LS749
Billings, MT    Tue Mar 19, 2019    USDA Market News
 
Miles City Livestock Commission
Feeder Cattle Weighted Average Report for 03/19/2019
 
Receipts:  2,631    Last Week:  2,753    Year Ago:  2,017
 
Compared to last week: Feeder steers 500-649 lbs sold mostly 
steady to 5.00 higher, 650-699 lbs sold steady to weak, 700-799 lbs 
steers sold firm. Heifers 500-699 lbs sold steady to 5.00 lower. 
Quality differences made comparisons difficult this week as quality
was mixed. A heavy offering of replacement heifers were seen today 
as this was the annual Trailhead replacement heifer show and sale. 
Good demand was seen for attractive quality replacement cattle. 
Heavy weight heifer quality was mostly attractive and the stands 
were full of buyers looking for replacements. Late in the afternoon 
feeding buyers purchased some of the high quality heifers to feed. 
This pulled heavy weight heifer prices near steady with last week.
Feeding demand from the corn-belt has been light as they continue to 
deal with flooding and muddy lot conditions. CME positions saw sharply 
positive movement today as triple digit gains were seen from the 
April contract through January of 2020. Market activity this week
was mostly moderate to active. Weigh up cows sold on light to 
moderate demand for light offerings. Demand from feeding cow buyers
was lighter this week. Quality this week was mostly plain to average,
and lower than last week. Slaughter cows sold mostly 1.00-3.00 lower
on lean cows all other classes were too lightly tested to develop
any market trend. Feeding cows were too lightly tested to trend as
well however lower undertones were noticed. Slaughter bulls were 
scarcely tested this week, thus no trend is available. The feeder 
cattle offering was 29 percent steers and bulls, 71 percent heifers 
with 57 percent weighing over 600 lbs. Today�s supply consisted of 
86 percent feeder cattle, 3 percent slaughter cows, near 0 slaughter 
bulls, 6 percent feeding cows and bulls and cows returning to the 
country, balance bred cows, heifers, and pairs. Next sale will 
be Tuesday March 26th, 2019.




                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      479       479       197.00         197.00
   20    504-510     505    185.00-196.50     194.76
  133    552-586     574    172.00-183.00     179.92
   82    613-630     626    168.00-172.00     171.78
   67    655-692     681    151.75-158.00     154.77
    4      718       718       149.00         149.00
   78    750-781     761    138.00-146.50     145.09
   17    802-820     803    135.50-143.00     142.55
    9    865-879     873    126.00-129.00     127.68

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      309       309       212.50         212.50
    9      444       444       191.50         191.50
   21    520-546     541    170.00-179.00     173.53
    4      650       650       147.00         147.00

                      Feeder Steers Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   10      736       736       146.00         146.00

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   48    414-449     418    175.00-179.00     178.46
   57    465-478     467    162.50-169.00     167.36
   59    505-523     516    155.50-157.75     156.71
  310    555-598     579    147.00-157.50     151.51
  261    610-649     632    139.50-147.00     142.28
   34      619       619       153.00         153.00   Replacement
   40    650-699     667    133.50-141.00     138.28
   94    696-699     697   1035.00-1060.00   1046.99   Per Head
   27    662-699     687    142.00-145.50     143.12   Replacement
    5    720-723     721    131.00-134.50     133.10
  322    702-745     713   1010.00-1075.00   1045.85   Per Head
   40    751-773     764   1035.00-1085.00   1051.56   Per Head
    7    808-823     814    121.00-122.00     121.43
   31    804-832     815   1000.00-1050.00   1022.78   Per Head

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   10      289       289       181.00         181.00
    8      354       354       165.50         165.50
   25    419-440     423    163.50-169.00     164.52
    8      491       491       152.50         152.50
   12      509       509       149.00         149.00
    7    592-595     593    137.00-142.00     138.43
    5      687       687       129.00         129.00

                      Feeder Heifers Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   14      624       624       137.50         137.50

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11      319       319       215.00         215.00
   16      428       428       193.50         193.50
   35      529       529       165.50         165.50
   31    552-595     588    152.00-157.00     152.76
    3      638       638       145.00         145.00

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   22      478       478       169.00         169.00
    3      528       528       159.00         159.00

Slaughter Cows         
             Pct Lean    Weight    Avg Dress    High Dress    Low Dress  Very Low Dress
Breakers       75-80      1480        --            --          58.50         --
Boners         80-85       --         --            --           --           --
Lean           85-90    955-1357     55.50          --       46.00-54.00  37.50-45.00


Slaughter Bulls, Yield Grade 1-2              
                  Weight       Avg Dress     High Dress    Low Dress   Very Low Dress
                   1900           --             --          75.50         --  

Feeding bulls: 1195 lbs 68.00.

Feeding Cows and Cows Returning to the Country: 2 yrs old 925-1160 lbs 79.50
-92.00. 3 yrs old: 770-1395 lbs 61.00-90.00. Young age: 1094-1410 lbs 57.00-66.50, 
rebreed quality 69.00-76.50. Middle age: 1150-1510 lbs 55.75-62.00. Aged 1020-1435 
lbs 51.00-59.50, thin exposed 45.00-50.50. 

Bred cows: Aged (Broken mouth) Medium and large 1 calving before June 1st thin fleshed
1225 lbs 945.00, calving after June 1st thin fleshed 1211 lbs 55.00 cwt.

Source:  USDA Market News Service, Billings, MT
         John Kimbrell, Officer in Charge
         406-210-4792
         www.ams.usda.gov/mnreports/BL_LS749.txt
 
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