BL_LS754 Billings, MT Fri Apr 05, 2019 USDA Market News NOTICE: This report will soon be available through the MARS platform and My Market News in a more user-friendly and accessible PDF format. A new report link will be included on this report before the transition is complete. If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. Weekly Combined Weighted Average Feeder Cattle Report Market: Billings Livestock Commission, MT Market: Miles City, MT Market: Public Auction Yards - Cattle, MT Receipts: 3,921 Last Week 7,300 Last Year 1,061 Compared to last week: Feeder steers 500-749 lbs, and feeder heifers 500-699 lbs offered the best test this week as these cattle sold generally steady in a narrower comparison. Quality this week was mostly average overall. Cattle were offered in small packages with a very limited offering of load lots. Most cattle were in light to moderate flesh and suitable to go to grass and run as yearlings. Despite lighter offerings this week demand for feeders was mostly moderate to good. CME contract prices struggled earlier in the week, however by late week contracts found support and traded with strong gains. The April contract as of Thursdays close was 146.325, May 150.075, and August 157.20. Market activity this week was moderate to active. Weigh up cows sold on good to very good demand this week. Packers were the driving force in the market as they showed strong demand for cows for immediate harvest. Packers purchased all type of cows to send to harvest, even dipping into feeding quality cows in order to secure needs. Slaughter cows sold mixed this week, however the bulk of sales sold 6.00-10.00 higher than last week. Feeding buyers were forced to pay higher money for cows this week in order to secure offerings as packers absorbed much of the cow supply for harvest. Feeding cows sold mostly 4.00-8.00 higher. Slaughter bulls sold mostly 3.00-4.00 higher. Offerings this week consisted of 64 percent feeder cattle, 10 percent slaughter cows, 3 percent slaughter bulls, 20 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 Premium White 65-75 1574 65.00 -- -- -- Breakers 75-80 1470-1950 58.50-63.50 64.00-64.50 50.00-58.00 -- Boners 80-85 1234-1685 58.00-62.00 64.00 51.50-58.00 44.00 Lean 85-90 880-1395 52.00-61.00 62.50 44.00-58.50 39.00-44.00 Slaughter Bulls, Yield Grade 1-2 Weight Avg Dress High Dress Low Dress Very Low Dress 1378-2695 74.50-83.50 82.00-90.50 64.00-74.00 54.00-62.50 Feeding bulls: 1390-1455 lbs 71.50-77.50. Baby calves: 115 lbs 300.00 per head. Feeding Cows and Cows Returning to the Country: 2 yrs old 775-1265 lbs 81.25 -117.00, heifers 620-1420 lbs 93.00-128.75. 3 yrs old: 710-1435 lbs 62.00 -105.00, thin 60.00. Young age: 900-1685 lbs 56.00-67.00, thin/full 55.00-59.00, rebreed quality 67.00-89.00. Middle age: 1040-1735 lbs 54.00-65.00. Aged 1075-1573 lbs 53.50-62.00, thin 52.50-54.50. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 45 422 422 196.50 196.50 41 450-488 469 188.00-194.00 191.29 11 503-525 517 177.00-182.50 181.39 125 506 506 200.75 200.75 Value Added 66 558-595 570 173.00-181.00 175.75 61 569 569 186.75 186.75 Thin Fleshed 123 607-649 638 168.50-176.50 172.63 248 650-698 661 154.00-171.00 166.73 105 704-749 727 144.00-159.00 152.91 5 750-763 758 142.00-145.00 143.19 4 814 814 137.00 137.00 21 857-898 873 130.50-134.50 134.11 3 908 908 129.00 129.00 Feeder Steers Large 1 Head Wt Range Avg Wt Price Range Avg Price 7 1105 1105 116.00 116.00 Feeder Steers Medium 1 Head Wt Range Avg Wt Price Range Avg Price 8 446 446 185.00 185.00 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 31 404-449 428 180.00-187.50 184.60 49 451-484 470 172.00-184.00 175.57 86 502-537 532 165.00-176.00 174.50 13 560-585 579 164.00-171.00 168.41 6 610-633 625 159.00-161.00 159.65 20 655-695 679 147.00-154.50 152.31 8 735 735 143.00 143.00 18 761 761 140.50 140.50 Feeder Holstein Steers Large 3 Head Wt Range Avg Wt Price Range Avg Price 2 908 908 59.50 59.50 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 76 406-442 419 163.00-171.00 166.52 22 484-497 494 159.50-164.00 162.36 117 505-542 529 156.50-164.00 161.26 73 554-598 562 150.00-163.00 156.90 57 603-630 618 145.50-151.75 149.97 104 653-676 662 139.50-144.00 143.28 20 708-721 713 133.00-136.00 133.50 43 750-757 754 130.25-136.50 131.35 5 957 957 114.00 114.00 Feeder Heifers Large 1 Head Wt Range Avg Wt Price Range Avg Price 5 561 561 151.00 151.00 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 446 446 159.00 159.00 46 460-492 474 147.00-161.00 155.83 12 501-535 520 144.00-155.00 150.05 10 598 598 148.00 148.00 31 639 639 138.00 138.00 17 664-683 677 132.00-134.00 132.71 4 748 748 130.00 130.00 16 808-813 810 115.00-124.00 117.82 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 26 566-587 584 156.00-168.00 166.21 10 606-622 614 156.50-162.00 159.21 6 675 675 158.50 158.50 12 838 838 126.00 126.00 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 2 520 520 152.00 152.00 Source: USDA Market News Service, Billings, MT John Kimbrell, Officer in Charge 406-210-4792 www.ams.usda.gov/mnreports/BL_LS754.txt 1120m .