Weekly Auction Cattle Wtd Avg Summary
BL_LS754  
Billings, MT    Fri Aug 18, 2017    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: 3,723        Last Week 1,454        Last Year 2,355              

Compared to last week: Feeder cattle were too lightly tested last week to
develop an accurate market trend, however weak to lower undertones were 
noticed. Quality was average to attractive and buyers purchased offerings 
on mostly light demand. CME positions lost significant ground again this 
week driven mostly by cash cattle prices which continue to erode. Cash 
cattle sold on Thursday in Nebraska sold mostly 6.00-7.00 lower from 109.00
-110.00. In Colorado live purchases traded 4.50-5.00 lower from 110.00-
110.50. CME Positions from last Thursday through this Thursday traded 0.70 lower 
on the August, 0.575 lower on the September and steady on the October to settle 
at 140.475, 140.725, and 140.475 respectfully. Market activity this week was 
mostly slow. Weigh up cows sold on mostly light to moderate demand and offerings 
this week. Slaughter cows sold mostly 2.00-3.00 lower. Packer buyers continue to
absorb the majority of offerings this week as feeding buyers were less active.
Demand noticeably weakened as the week progressed. Feeding cows were too lightly 
tested this week to develop an accurate market trend, however lower undertones were 
noticed. Cow quality this week was mixed. Several long strings of cows sold this
week coming out of drought country. These cows were mostly in very thin flesh.
Weigh up conditions on cows continue to be average to below average with many 
full cows coming off grass. The majority of cows this week were low or very low 
dressing cows. Slaughter bulls sold mostly weak to 3.00 lower. Offerings this 
week consisted of 68 percent feeder cattle, 10 percent slaughter cows, 9 percent 
slaughter bulls, 11 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  1528-1880 67.00-73.50     74.00     62.50-69.00        --
Boners        80-85  1300-1615 68.00-73.50  74.50-76.00  62.00-71.00      64.00
Lean          85-90   840-1408 68.00-73.50     77.00     62.00-69.50   51.50-65.00  

Slaughter Bulls, Yield Grade 1-2       
                  Weight       Avg Dress     High Dress    Low Dress  
                1315-2525     85.00-94.00   92.00-103.00  73.00-87.00
Canadian orgin    2220            --           92.00           --

Feeding bulls 1285-1850 lbs 78.00-92.50.

Feeding Cows and Cows Returning to the Country: 2 yrs old 1035-1560 lbs 75.00-
113.00. 3 yrs old 1068-1540 lbs 71.00-80.00. Young 1190-1545 lbs 67.00-77.50. 
Middle age 1106-1700 lbs 65.00-75.00, very full 1635-1830 58.00-62.00. Aged 
930-1588 lbs 63.00-72.50, Very thin 63.00-66.00.  


Exposed cows: Young age Small 2-3 836 lbs 53.00 cwt.

Exposed cows: Middle age-Aged (Unmouthed) Small 2-3 875 lbs 52.00 cwt.

Cow/calf pairs: 3-6 yrs old Medium and large 1 1523 lbs with 120-140 lbs summer born calves
1,500.00.


                     Feeder Steers Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         14   355-387      362    192.50-215.00     209.84                 
         28     435        435       189.50         189.50                 
         12     638        638       158.00         158.00                 
          3     610        610       160.00         160.00 Calves          
        134   714-746      739    144.50-153.50     152.50                 
         60   770-798      775    142.50-150.50     149.43                 
         22   810-840      831    140.50-146.00     142.77                 
         24     807        807       152.00         152.00 Thin Fleshed    
         32   859-899      878    139.00-141.00     139.96                 
          5     891        891       134.00         134.00 Full            
         77   904-945      909    138.00-140.00     139.04                 
         54   960-998      987    130.50-138.00     134.37  

                           Feeder Steers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         47    1040       1040       137.50         137.50 Value Added     
          2    1150       1150       115.00         115.00                 

                          Feeder Steers Medium 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          4     604        604       149.50         149.50                 
         11     662        662       149.00         149.00                 
               
                    Feeder Steers Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          3     643        643       152.00         152.00                 
          7     622        622       159.00         159.00 Thin Fleshed    
          8   651-670      656       148.00         148.00                 
          3     675        675       156.00         156.00 Thin Fleshed    
         28   710-747      735    141.00-149.50     147.01                 
          5   768-780      773    136.00-142.75     140.02                 
         33   803-821      816    133.00-140.00     136.58                 
          9   874-895      882    130.00-135.00     133.20                 
         12   908-948      924    132.00-136.00     133.58                 


                     Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          9     253        253       188.00         188.00                 
         35     316        316       184.50         184.50                 
         35     414        414       170.50         170.50                 
          8     613        613       142.00         142.00                 
          3     608        608       141.00         141.00 Calves          
         44   650-692      689    138.00-141.00     138.19                 
         50   715-749      733    137.50-139.50     138.38                 
        141     737        737       151.50         151.50 Thin Fleshed    
        131     749        749       147.75         147.75 Value Added     
         42   753-791      779    136.00-140.00     139.14                 
        124   800-848      816    134.50-139.50     137.85                 
         39     836        836       121.50         121.50 Fleshy          
        163   869-898      890    130.00-136.25     133.34                 
         16     850        850       138.50         138.50 Fancy           
         27     894        894       128.00         128.00 Full            
         68   910-945      925    127.00-133.00     131.61                 
         35     936        936       134.00         134.00 Fancy           
         71     906        906       129.75         129.75 Full            
         74   952-999      971    125.50-131.50     127.23                 
         42   957-995      986    134.25-134.75     134.63 Fancy           
         10     985        985       118.00         118.00 Fleshy  
                         
                         Feeder Heifers Medium 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         12     596        596       140.00         140.00 Yearlings       
         34     648        648       140.00         140.00 Value Added     
          8     796        796       133.50         133.50                     
  
                    Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          8     648        648       135.00         135.00                 
         18   662-680      673    134.00-139.00     135.91                 
         15   714-745      723    128.00-141.00     135.76                 
         36   760-795      779    131.00-136.00     133.37                 
         12   832-846      838    127.00-133.50     129.22                 
          3     882        882       128.00         128.00 

                         Feeder Heifers Medium 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          5     510        510       137.00         137.00                 
         10     510        510       148.00         148.00 Yearlings       
          9   613-648      636    135.00-138.50     136.87                 
          7     669        669       133.00         133.00                 
          6     788        788       120.00         120.00                               

                          Feeder Heifers Medium 2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
         32   670-687      674    115.50-117.50     115.95                 

                     Feeder Heifers Medium and Large 2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          3     670        670       131.00         131.00             

                      Feeder Bulls Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          8     292        292       212.50         212.50                 

                     Feeder Bulls Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                 
          3     718        718       136.00         136.00                 


Source:  USDA  Market News, Billings, MT
         John Kimbrell, Officer in Charge
         406-210-4792 john.kimbrell@ams.usda.gov
         www.ams.usda.gov/mnreportsBL_LS754.txt

 
0900m    jdk




    
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