Public Auction Yard Cattle Wtd Avg
BL_LS750
Billings, MT    Fri Feb 23, 2018    USDA Market News
 
Public Auction Yards
Feeder Cattle Weighted Average Report for 02/23/2018
 
Receipts:  4,253    Last Week:  No sale    Year Ago:  3,900
 

Compared to last sale:  Receipts from Wednesdays sale were very light 
thus no trend is available.  Demand for thin fleshed, grass cattle was 
very good with many bidders and buyers actively bidding on offerings. 
Quality this sale was outstanding with many long strings of very high 
quality thin fleshed steers and heifers on offer. Many of these offerings 
are sold at this sale every year and sell based off reputation. Flesh 
conditions were very light to light for lightweight grass type cattle.  
Backgrounded cattle were mostly in moderate flesh with a few offerings 
pushing moderate plus to fleshy conditions. Long strings of backgrounded 
cattle were met with mostly moderate demand. The cattle on feed report 
was released today and it found cattle on feed up 8% at 11.6 million head, 
placements at 2.07 million head up 4% and marketings at 1.86 million head 
up 6% from 2017. CME positions sold mixed today with current months trading
slightly higher and differed months trading slightly lower. The March contract 
traded steady, April traded 0.42 higher and May 0.25 higher to settle at 
146.00, 148.50, and 149.375 for the March, April and May contracts 
respectfully. Market activity was active to very active this sale. Weigh up 
cows were very lightly tested this sale. Slaughter cows sold with steady 
undertones in a narrow comparison. Packer buyers showed strong demand for 
all cows this sale as they pushed to finish loads this week. Slaughter bulls
sold on very good demand on a very light test. Slaughter bull quality was mostly
attractive with mostly high yielding fed bulls in the offering. Slaughter bulls
sold with higher undertones. Feeder cattle receipts were 45 percent steers, 55               
percent heifers; 62 percent weighing over 600 lbs. Offerings were approximately 
91 percent feeder cattle; 5 percent slaughter cows; near 1 percent slaughter 
bulls, 3 percent feeding cows and bulls and cows returning to the country, with 
the balance bred cows and heifers and pairs. Next sale will be Wednesday, 
February 28th, 2018.     


                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   14      353       353       221.00         221.00
   73    421-426     422    213.00-215.00     214.45
   57    453-484     469    202.00-210.00     206.79
    7      492       492       161.00         161.00   Fleshy
  144    508-549     520    194.00-207.50     203.52
  184    553-585     582    185.00-194.50     193.71
   31      560       560       150.50         150.50   Fleshy
  265    600-649     627    174.00-185.00     182.35
   15      629       629       154.00         154.00   Calves
  292    651-693     683    161.50-171.00     169.69
   63    700-711     707    159.50-165.00     161.09
   93    752-789     768    149.25-153.00     151.47
   12    800-804     802    144.50-147.00     145.54
   64      854       854       147.00         147.00
  111    928-938     937    135.50-139.50     139.18
   13    963-982     967    132.00-133.50     133.15

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   23    493-499     495    193.00-198.00     195.92
   42    560-591     567    177.00-181.50     180.58
   20    608-628     622    160.00-165.00     163.03
   16    671-678     673    154.50-156.00     155.53
    6    760-775     765    141.00-143.00     142.32
    5      874       874       137.00         137.00

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9      563       563       160.00         160.00

                      Feeder Steers Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   22      534       534       178.50         178.50
   45      625       625       167.00         167.00

                      Feeder Steers Medium 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   19      454       454       152.50         152.50

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5      333       333       194.00         194.00
   47    364-395     382    185.00-191.00     187.64
   44    410-441     438    186.00-188.50     187.61
   81    453-489     476    177.00-188.00     183.91
  153    512-537     523    170.00-184.25     178.52
  280    552-594     563    162.00-174.00     170.00
   33      567       567       177.00         177.00   Fancy
  435    605-639     629    150.50-163.75     159.44
  259    652-686     670    141.00-154.50     150.02
   30      665       665       156.50         156.50   Fancy
   50    722-749     735    141.00-141.50     141.26
  398    766-787     786    134.00-140.00     139.56
   58    808-835     834    133.50-134.00     133.97
   21    964-998     987    119.00-120.00     119.33   Fleshy

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      368       368       179.00         179.00
    5      437       437       185.00         185.00
   13    462-489     483    167.50-169.00     167.83
   43      535       535    159.00-169.00     162.84
   12    563-587     577    158.00-158.50     158.30
   18    602-628     606    149.00-150.00     149.83
   15    721-735     724    135.00-137.00     135.41

                     Feeder Heifers Medium 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   31      481       481       130.00         130.00

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      562       562       182.00         182.00
   10      808       808       138.00         138.00


Slaughter Cows       
              Pct Lean    Weight    Avg Dress   High Dress   Low Dress   Very Low Dress      
Breakers       75-80        --         --           --          --             --
Boners         80-85    1310-1640  65.50-73.00    73.00      57.50-64.50       --
Lean           85-90     860-1448  66.00-70.50    72.00      58.50-63.00     51.00

       
Slaughter Bulls, Yield Grade 1-2              
                  Weight       Avg Dress    High Dress    Low Dress    
                1725-2134     85.00-89.50   97.00-99.00       --   
            
    
Feeding Cows and Cows Returning to the Country: Coming 2 yrs old 938-1020 lbs
100.00-105.00. Coming 3 yrs old: 1095-1295 lbs 71.00-82.50, heifers 829-1206 lbs 
99.00-122.00. Coming 4 yrs old 1195 lbs 65.00. 
               
Baby calves: 200 lbs 350.00, lower quality  180 lbs 250.00.


Source:  USDA Market News Service, Billings, MT
         John Kimbrell, Officer in Charge
         406-210-4792
         www.ams.usda.gov/mnreports/BL_LS750.txt
 
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