BL_LS755
Billings, MT    Fri   Sep 03, 2010    USDA Market News

Montana Direct Cattle
Feeder Cattle Weighted Average Report for 09/03/2010
 
Receipts:  972    Last Week:  700    Year Ago:  300
 
   Compared to last week:  Cattle trend not applicable due to no comparable 
sales.  Demand remains good for all classes with limited available cattle.  100 
percent of this week's trade was steers and 0 percent heifers with 0 percent 
over 600 lbs.  67 percent are for current delivery.  Unless otherwise stated, 
delivery is current; prices are FOB the weigh points 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. Current sales are up to 14 days delivery.

   Feeder Steers:  Medium and Large 1:  Currect Delivery:  FOB Price 500 lbs 
137.00; 600 lb calves 121.00.  Future Delivery:  FOB Price:  500-575 lbs 
124.00-131.00 Oct.
  
   Feeder Heifers:  Medium and Large 1:  No sales reported.  

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  400      500       500       137.00         137.00   Current FOB   
  250      600       600       121.00         121.00   Current FOB  Calves
  225      500       500       131.00         131.00   Oct     FOB   
   97      575       575       124.00         124.00   Oct     FOB   

Source:  USDA Livestock and Grain Market News, Billings, MT
         James M. Ward, OIC   406-657-6285
         Email:  billings.lgmn@usda.gov
         24 hr price information   406-657-6400
         www.ams.usda.gov/LSMarketNewsBL_LS755.txt

0930m   jmw





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