Billings Livestock Commission Wtd Avg
USDA - Thu Mar 08, 6:15PM CST
BL_LS751
Billings, MT    Thu Mar 8, 2018    USDA Market News
 
Billings Livestock Commission
Feeder Cattle Weighted Average Report for 03/08/2018
 
Receipts:  1,182    Last Week:  3,897    Year Ago:  2,646
 
Compared to last week: All feeder cattle were too lightly 
tested to develop any market trend. Demand for feeder calves 
was mostly good for cattle to develop into yearlings. Heavy 
weight feedlot ready calves sold with mostly light demand this
sale. Quality today was plain to average and noticeably lower 
than last week. CME positions slipped lower again today as every
contract from current through January of 2019 traded over 2.00 
lower. Market activity was mostly slow. Weigh up cows sold on 
moderate to good demand for moderate offerings. Packers were 
active in purchasing cows both to feed and to kill. Slaughter
cows sold unevenly steady on boning and lean cows, while breaking
cows sold with lower undertones compared to last week�s light test.
Cow quality this week was mixed. Both higher and lower quality cows
were seen this week compared to last. Demand for feeding cows was
mostly good as packers and feeding buyers both purchased cows 
to feed. A portion of the fed cow offering returned to the country 
to finish feeding. Fed cows this week were mostly full and many
were carrying tag and big bags. Yielding conditions were
average to below average. Feeding cows sold fully steady with
last week. 2 year olds to young age cows suitable to rebreed sold
steady. Slaughter bulls sold unevenly steady as quality was mixed 
this week. The feeder cattle offering was 54 percent steers and bulls, 
46 percent heifers with 46 percent weighing over 600 lbs. Today supply 
consisted of 34 percent feeder cattle, 25 percent slaughter cows, 2 
percent slaughter bulls, 36 percent feeding cows and bulls and cows 
returning to the country, balance bred cows, heifers, and pairs. Next 
sale is Thursday March 15th 2018.  


                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5      484       484       200.00         200.00
   20    512-516     513    197.00-199.00     197.40
   12    555-584     575    180.00-188.00     182.26
    7      615       615       171.00         171.00
    6      651       651       170.00         170.00
   22      666       666       173.00         173.00   Thin Fleshed
   13    719-720     719    138.00-145.50     143.77   Fleshy
   28    917-939     926    123.00-130.00     126.04   Fleshy

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   12    430-441     434    190.00-194.00     191.77
    6      464       464       191.00         191.00
    5    669-685     672    149.00-150.50     150.19

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      427       427       172.50         172.50

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   20      458       458       173.50         173.50
   35    503-530     509    171.00-175.50     174.74
    3      597       597       161.00         161.00
   27    603-623     615    159.00-162.00     160.02
    7      677       677       153.00         153.00

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   20    386-393     390    163.00-172.75     168.89
    9      447       447       187.50         187.50
    3      478       478       167.00         167.00
    2      585       585       146.00         146.00
   10      740       740       128.00         128.00

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9      476       476       174.00         174.00
   10      635       635       147.00         147.00

Slaughter Cows       
              Pct Lean    Weight    Avg Dress    High Dress   Low Dress   Very Low Dress   
Premium White  65-75    1584-1723  66.25-71.00      --        61.25-64.75       --
Breakers       75-80    1337-1565    69.00          --        62.00-63.00     54.00
Boners         80-85    1355-1788  65.00-71.00  72.50-74.25   60.50-64.75       --
Lean           85-90     875-1635  64.50-69.00  70.00-73.50   57.50-64.00   49.00-55.00

       
Slaughter Bulls, Yield Grade 1-2              
                  Weight       Avg Dress    High Dress    Low Dress    Very Low Dress
                1135-2190     84.50-92.00  93.00-101.00  75.00-83.00    53.00-61.00
            

Feeding Cows and Cows Returning to the Country: Coming 2 yrs old: 908-1240 lbs 89.00
-115.50, heifers 753-1232 100.00-118.50. Coming 3 yrs old: 850-1470 lbs 68.00-96.50. 
Coming 4 yrs old 898-970 lbs 80.00-84.00. Young age: 1037-1596 lbs 65.00-72.00, full 
63.25-63.75. Middle age: 1210-1530 lbs 65.00-69.00. Aged 1000-1240 lbs 63.00-68.00. 


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