USDA Mountain Plains Video Auction 05/19 19:00

AMS_2772 MARS
Northern Livestock Video/Internet Auction - Billings, MT
  
Northern Livestock Video Auction-Billings,MT
Livestock Weighted Average Report for 05/19/2026 - Final
  
                         This Week   Last Reported
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Total Receipts:                                        
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FEEDER CATTLE:                                         
REPLACEMENT CATTLE:                                    
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Northern Livestock video auction held its first ever Early Bird Special 
sale today.
Demand was very good for all offerings.
Many cattle were consigned for early delivery as drought conditions grip 
parts of Montana, Wyoming and Nebraska.
Many sets of yearlings were sold instead of turning out this year.
Several sets were out of backgrounding lots as buyers put cattle in the 
lot waiting for turnout time, however with limited spring rains many have 
offered to sell them early instead of turning out.
A few early consignments of calves were seen.
Most of these offerings delivered earlier in the fall due to drought 
conditions as well.
Demand was very good for light offerings.
Record high prices were seen again this summer as feeders were eager 
to put cattle into inventory.
Tight supplies of cattle continue to drive prices higher.
PO's were very light this sale as ranchers received record high bids 
again this summer.
Demand for bred cows and pairs was mostly moderate.
With a large swath of Montana currently under drought conditions the 
price for bred cows and pairs has moderated as ranchers struggle to find feed 
and grazing space for additional livestock.
Market activity was mostly very active throughout the sale.
Bidders were active, bidding rapidly, ringside, over the phone, as well 
as over the internet.
Calves weaned over 45 days were left untagged.
Most of these offerings sold for December and later delivery.
Cattle tagged as Value added were enrolled in two or more programs and 
had to be verified by a 3rd party.
The largest premiums given were for cattle sold as All Natural, NHTC 
and GAP combined.
Current delivery cattle deliver before June, 2nd 2026.
 
Supply included: 95% Feeder Cattle (75% Steers, 25% Heifers).
5% Replacement Cattle (8% Bred Cows, 92% Cow-Calf Pairs).
Feeder cattle over 600 lbs was 90%.
Feeder Cattle prices FOB based on net weights after a 0-3% pencil shrink 
or equivalent, with a 12-28 cent slide > 600 lbs and 24-44 cent slide 5  3rd St42     1450        1450    3400        3400      

COW-CALF PAIRS  -  Large  1 (Per Cwt/Estimate)
 Delivery  Age Stage Head  Wt Range   Avg Wt  Price Range  Avg Price
 --------  --- ----- ----  --------   ------  -----------  ---------
  Current  >5  Open  225    1400        1400    4285        4285      
           2-8 Open  230    1400        1400    4600        4600      

COW-CALF PAIRS  -  Medium and Large  1 (Per Cwt/Estimate)
 Delivery  Age Stage Head  Wt Range   Avg Wt  Price Range  Avg Price
 --------  --- ----- ----  --------   ------  -----------  ---------
  May-Jun  >8 yOpen  35     1575        1575    4200        4200      Broken 
Mout

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