USDA Mountain Plains Video Auction 08/18 20:00

AMS_2772 MARS
Northern Livestock Video/Internet Auction - Billings, MT
  
Northern Livestock Video Auction-Billings,MT
Livestock Weighted Average Report for 08/18/2025 - 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 their Annual Early fall preview 
sale today offering just under 33,000 head of calves and yearlings.
Demand was very good throughout the sale.
Ranchers received the highest bids on their cattle so far this summer 
as cattle prices pushed higher yet again.
Unweaned commodity steers weighing from 500-649 lbs for October delivery 
sold mostly 25.00-31.00 higher on average than the July sale.
Offerings were light to moderate as many sold cattle earlier this summer.
Tight supplies of cattle continue to drive prices higher.
Demand for heifers was very good as replacement buyers pushed all heifer 
prices sharply higher.
No comparisons can be made on feeder heifers as too many were purchased 
for replacements to develop an accurate trend on feeders.
A large section of the sale was specifically devoted to replacement heifers 
and demand for this class of cattle was as very good as ranchers look to 
rebuild herds.
Demand for lightweight calves suitable to develop into yearlings was 
also very good, especially for lightweight cattle that deliver late in the year 
or early in 2026.
Weaned calf prices were very good this sale as most buyers showed modest 
premiums for cattle weaned over 45 days.
Weaned premiums were noticeably higher this sale compared to the July sale.
Yearling demand was very good, however offerings were mostly light as 
last months sale had a heavy offering of yearling cattle.
No PO's were seen this sale; a record for a summer video sale.
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 November and December 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 September, 1st 2025.
 
Supply included: 99% Feeder Cattle (50% Steers, 50% Heifers).
1% Replacement Cattle (63% Bred Cows, 37% Bred Heifers).
Feeder cattle over 600 lbs was 45%.
Feeder Cattle prices FOB based on net weights after a 0-3% pencil shrink 
or equivalent, with a 10-22 cent slide > 600 lbs and 22-44 cent slide