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USDA-BL: Montana Direct Feeder Cattle Wtd Avg

Billings, MT - Fri May 9, 2008 - USDA Market News


Montana Direct Feeder Cattle Weighted Average

***Addition of Feeder Heifers***

Receipts:  537    Last Week:  436    Year Ago:  0

   Compared to last week:  No reported sales of feeder steers last week 
to offer a comparison with this week's trades, feeder heifers 2.00 higher.
Demand remains good for immediate delivery cattle, light demand for cattle for
fall delivery yet.  100 percent over 600 lbs.  74 percent of this week's run
were steers; 26 percent heifers.  Unless otherwise stated, delivery is current,
prices are fob the weigh point with a straight weight to 3 percent shrink or
equivalent with a 5-8 cent slide on calves and a 3-6 cent slide on yearlings.

   Feeder Steers:  Medium and Large 1  for Current delivery 850 lbs 99.00;
900 lbs 100.00.

   Feeder Heifers: Medium and Large 1  for Current delivery 830 lbs 95.50.
  

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   75      850       850        99.00          99.00   Current FOB   
  320      900       900       100.00         100.00   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  142      830       830        95.50          95.50   Current FOB   


Source:  USDA Livestock and Grain Market News - Billings, Montana
         Justin Lumpkin  406-657-6285    
         24 hr price information  406-657-6400
         www.ams.usda.gov/LSMarketNews

900m     jll



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