Billings Livestock Commission Wtd Avg
BL_LS751
Billings, MT    Thurs Oct 11, 2018    USDA Market News
 
Billings Livestock Commission
Feeder Cattle Weighted Average Report for 10/11/2018
 
Receipts:  1,955    Last Week:  2,209     Year Ago:  3,761 
 
Compared to last Thursday: Yearling steers were too lightly tested to develop a fully 
accurate trend, however steady to slightly lower undertones were noted.  Yearling 
heifers 850-1000 lbs traded 4.00-8.00 higher on a limited comparison.  Steer and 
heifer calves 400-700 lbs brought mostly steady to 3.00 higher with instances of 5.00 
higher. Market activity was moderate to active, very active on heavier feeder 
heifers. Quality was average to attractive with quite a few calves being sold right 
off the cow.  Weigh up cows sold on mostly good demand on light offerings. The cows 
that were purchased for immediate harvest traded steady to 2.00 higher and slaughter 
bulls steady to 3.00 higher.  Cow and bull quality was average to attractive with 
more than a handful of heavier cows on offer and slaughter buyers were able to obtain 
a few more of the more desirable offerings.  Feeding cow buyers still got their fair 
share but demand was mostly moderate compared to good demand for slaughter cows and 
bulls. Feeder cows traded mostly steady to 4.00 lower.  US beef production for 2018 
was trimmed by 150 million pounds to 26.944 billion pounds in the WASDE report. Live 
cattle futures were steady to 77.5 cents higher in the front months, with back months 
lower. Feeder cattle futures were up in the nearby contracts, with most deferred 
contracts in the red. The CME feeder cattle index settled down a penny at $158.37.    
The feeder cattle offering was 56 percent steers and bulls with 44 percent heifers 
and 33 percent weighing over 600 lbs.  Today's supply consisted of 72 percent feeder 
cattle, 6 percent slaughter cows, 1 percent slaughter bulls, 19 percent feeding cows 
and bulls and cows returning to the country, balance a few bred cows and heifers. 
Next sale will be Monday October 15th, 2018.

Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    305-340     322       212.50         212.50
   12    354-380     358    207.50-216.00     214.95
   59    410-445     419    197.50-213.00     208.80
   17    450-464     461    192.00-198.00     197.66
  136    506-543     522    176.00-184.00     181.16
   94    554-588     567    170.00-178.50     176.40
   49    601-649     623    163.00-171.00     165.57   Calves
    7      686       686       168.50         168.50
   25    665-673     669    158.00-164.50     161.29   Calves
   20    800-848     839    151.00-155.50     154.71
   19    884-888     885    156.50-157.00     156.92
   10    920-936     934    142.50-146.00     142.84
    6    950-965     952    143.00-143.50     143.08
    9     1008      1008       141.00         141.00

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      383       383       189.50         189.50
    3      440       440       187.00         187.00
   60    453-491     479    168.00-185.00     178.34
   44    505-547     534    169.00-174.00     172.75
   16    565-586     580    162.00-166.00     165.02
    3      608       608       164.00         164.00
    4      638       638       156.00         156.00   Calves
    2      720       720       150.00         150.00   Calves
   10    777-783     779    153.00-154.50     153.90
   12      860       860       150.50         150.50

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   12      358       358       179.00         179.00
   18    403-448     423    160.00-161.00     160.47
    8    458-460     458    155.00-166.00     163.24
    6    606-615     609    146.00-147.50     147.00

                     Feeder Steers Large 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      488       488       102.50         102.50   Dairy X

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      309       309       181.00         181.00
    8    370-398     394    169.00-174.00     169.59
   82    405-432     419    167.50-177.00     174.51
   47    463-499     485    155.00-165.00     157.92
   74    512-543     523    150.00-160.00     157.69
   13    554-558     556    152.50-154.50     153.57
   61    600-648     611    145.00-150.00     146.76   Calves
    2      668       668       156.00         156.00
   16    658-695     666    142.00-149.00     145.04   Calves
   61    804-847     815    140.25-144.00     142.34
   15    878-891     888    143.00-145.00     144.60
   60    954-968     962    138.00-145.00     142.33

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      389       389       167.00         167.00
    4      404       404       161.00         161.00
   40    480-482     481    154.00-156.00     154.80
    4      508       508       144.00         144.00
   13    553-583     566    142.50-143.00     142.81
    5      624       624       139.00         139.00   Calves
    3      675       675       140.00         140.00
    7    775-798     788    141.50-143.00     142.37
    7      820       820       136.00         136.00

                Feeder Heifers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    8      333       333       146.00         146.00
   16    375-379     376    132.50-144.00     135.40
    6      469       469       137.00         137.00
    4      504       504       133.00         133.00
    3      640       640       132.00         132.00

                      Feeder Heifers Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4     1090      1090       121.00         121.00

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    513-538     526    165.00-168.00     166.46
    6      568       568       158.00         158.00
   13      586       586    152.00-153.00     152.62   Full
    6      641       641       144.00         144.00   Calves
    2      888       888       128.00         128.00

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5      409       409       157.50         157.50
    3      527       527       152.00         152.00

                      Feeder Bulls Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2     1043      1043       125.00         125.00
    1     1065      1065       112.50         112.50
    6   1180-1198   1186    107.00-113.00     110.98
    2     1218      1218       108.00         108.00

Slaughter Cows       	 
            Pct Lean   Weight   Avg Dress    High Dress   Low Dress     Very Low 
Dress  
Breakers      75-80  1345-1515      --           --       52.50-57.50    44.00-48.00
Boners        80-85  1100-1350      --           --       50.50-53.50    46.00-48.00
Lean          85-90   920-1300  54.00-55.00      --       48.00-51.50    42.00-46.00

Slaughter Bulls, Yield Grade 1-2       
                  Weight       Avg Dress     High Dress     Low Dress  
                1325-2210     73.50-75.50        --        63.00-69.00     


Feeding Cows and Cows Returning to the Country: 2-3 yrs old: 975-1475 lbs 72.00-
87.00. Young age: 1310-1600 lbs 59.00-71.00. Middle Aged: 1150-1600 lbs 54.00-59.50. 
Aged: 1260-1575 lbs 53.00-55.00, thin 49.00-52.00. 
 

Bred cows: 3-6 yrs old large 1-2 calving before May 15th 1100-1390 lbs 900.00-
1,185.00.  After May 15th 1115 lbs 1,050.00.


Source:  USDA- Livestock, Poultry, Grain, Market News Service
         John Kimbrell, Officer in Charge, 406-210-4792
         john.kimbrell@ams.usda.gov
         www.ams.usda.gov/mnreports/BL_LS751.txt
 
2029 mst bjb
 
 
 
 
 
.