Billings Livestock Commission Wtd Avg
BL_LS751
Billings, MT    Thu Nov 8, 2018    USDA Market News
 
Billings Livestock Commission
Feeder Cattle Weighted Average Report for 11/08/2018
 
Receipts:  4,619    Last Week:  3,729    Year Ago:  5,969

Compared to last week: Yearling steers and heifers were too lightly 
tested this sale to develop any market trend, however demand was mostly
good for all yearling offerings. Steer calves weighing 350-549 lbs sold 
steady to 5.00 higher, 500-699 lbs steers sold steady to weak. Heifer
calves 350-549 lbs sold unevenly steady from 5.00 lower to 3.00 higher,
550-649 lbs sold weak to 5.00 lower. Demand for calves was mostly 
moderate, however good demand was seen for high quality calves which 
were fully preconditioned. Premiums were given for calves weaned over
45 days, with little to no premium given for short weaned calves. A few
load lot offerings were seen this week and buyers showed good demand for
one iron calves all off one ranch. Quality this sale was mostly attractive 
overall and noticeably better than last week. CME contracts firmed 
slightly today but remain lower than were they were this time last Thursday.
Lightweight calves suitable to develop into yearlings sold with the
best demand this week. Calves have lightened in flesh some as colder 
weather and less grass have "greened up" calves. Calves offered mostly 
light to moderate flesh this sale. Market activity this week was mostly 
active, with many buyers on hand actively bidding on offerings. Weigh up
cows sold on mostly uneven demand this week. Packers and feeding buyers
were more particular as they bid on offerings this week. However, packers 
were united in their view on slaughter cow demand; which was very light. 
Slaughter cows were too lightly tested to develop an accurate market trend,
however lower undertones were noticed. Feeding buyers purchased some cows 
with blemishes as packer demand was so light they allowed feeding cow buyers
to purchase these cows for feed instead of harvest. Feeding cows sold mostly
weak to 3.00 lower on all ages, however older cows sold with the lightest
demand. Slaughter bulls were too lightly tested to develop any market trend
as most of the bulls returned to the country to feed. Feeding bulls sold 
generally steady compared to Monday�s sale. Cow and bull quality was mostly
plain to average this week. Weigh up conditions were mostly average to below
average as many cows and bulls were pushing fill. The feeder cattle 
offering was 66 percent steers and bulls 34 percent heifers with 41 percent 
weighing over 600 lbs. Today�s supply consisted of 86 percent feeder cattle, 
2 percent slaughter cow, near 0 percent slaughter bulls, 11 percent feeding 
cows and bulls and cows returning to the country, balance bred cows, heifers, 
and pairs. Next sale will be Monday Nov. 12th, 2018.


                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   13    308-333     320    217.50-220.00     218.24
   12    390-398     395    209.00-215.00     213.34
   82    403-435     415    198.00-210.00     204.63
  252    452-499     474    178.00-195.50     187.79
  276    500-548     528    164.00-177.00     169.71
  316    559-597     578    158.00-169.50     160.80
  362    600-641     618    151.50-159.00     155.04   Calves
  186    651-688     674    150.00-158.00     153.95   Calves
   58      670       670       161.00         161.00   Value Added
  163    703-745     719    143.00-154.75     151.10   Calves
    9    752-783     773    144.00-145.00     144.32   Calves
   27      794       794       149.00         149.00   Fleshy
    8      813       813       143.50         143.50   Calves
   10      868       868       150.00         150.00
   46      923       923       153.00         153.00
  141    950-957     951    148.50-149.00     148.95

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11    373-398     384    180.00-207.50     193.57
    8      443       443       186.00         186.00
   37    472-491     478    165.00-178.50     174.27
    7    508-530     517    160.00-165.00     162.19
   10    580-596     593    145.00-150.00     149.02
   21    612-617     613    150.00-151.00     150.71   Calves
   38    654-665     657    147.00-149.50     147.40   Calves
   10      844       844       130.50         130.50   Fleshy

                      Feeder Steers Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   49      592       592       155.00         155.00
   52     1096      1096       126.00         126.00

                     Feeder Steers Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   22     1125      1125       115.00         115.00   Fleshy

                      Feeder Steers Medium 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9    411-418     415    187.00-190.00     188.32

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   20    325-338     336    175.00-188.00     184.55
   26    350-394     374    170.00-179.50     172.49
   64    400-443     428    158.00-168.00     160.59
  115    451-488     470    150.00-162.00     155.04
  288    500-543     518    144.50-155.00     151.36
  271    550-595     572    137.00-145.00     138.75
   77    603-646     624    135.00-142.50     138.26   Calves
   83    650-699     666    134.00-137.75     136.34   Calves
   21      667       667       140.00         140.00   Replacement
   15    711-713     712    131.50-137.00     134.80   Calves
    7      766       766       139.00         139.00   Fancy
   11    859-893     865       140.00         140.00
    7      925       925       140.00         140.00
   22    967-998     981    127.00-133.50     131.54

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9      358       358       165.00         165.00
   16    409-443     418    155.00-161.00     158.39
   48    534-540     535    139.00-142.00     139.52
    2      570       570       136.00         136.00
    6      785       785       140.00         140.00

                      Feeder Heifers Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   17     1023      1023       122.50         122.50   Full
    6     1268      1268       101.00         101.00   Fleshy

                     Feeder Heifers Medium 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    8      449       449       159.00         159.00

                    Feeder Heifers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   13      659       659       138.00         138.00


Slaughter Cows         
              Pct Lean    Weight    Avg Dress    High Dress   Low Dress   Very Low Dress   
Breakers       75-80       1716         --          --          43.50          --
Boners         80-85       1540         --          --          38.00          --
Lean           85-90    1135-1375       --          --          37.50      34.00-35.00

Slaughter Bulls, Yield Grade 1-2              
                  Weight       Avg Dress     High Dress    Low Dress   Very Low Dress
                1845-1960        69.00           --           --            41.00


Feeding bulls: 1445-1840 lbs 58.00-68.50.

Feeding Cows and Cows Returning to the Country: 2 yrs old: 968-1240 lbs 70.00-94.00.
3 years old: 912-1440 lbs 60.00-82.00. Young age: 1169-1760 lbs 52.50-66.00, thin 44.00
-49.00, full 45.00. Middle age: 1263-1500 lbs 47.00-60.00, full 45.00. Aged: 1125-1760 
lbs 43.00-54.00, thin 36.00-40.00, full 42.00.

Bred cows: 3-4 years old Medium and large 1 calving before May 15th 1100 lbs 1,150.00,
calving in May-June 1119 lbs 1,050.00.


Source:  USDA Market News Service, Billings, MT
         John Kimbrell, Officer in Charge
         406-210-4792
         www.ams.usda.gov/mnreports/BL_LS751.txt
 
2028
 
 
 
 
 
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