Northern Livestock Video Auction started off their 15th year with their Early Summer Special at the Billings Livestock Commission on June 28th. The picture of what calves are going to be worth this year is starting to clear up but there are still a lot of questions out there.
USDA increased its estimate of corn acres, surprising the market and significantly pulling down the price of corn, which could improve the outlook for feed costs and cost of gain.
21,000 head of cattle were offered in the sale with the vast majority of them coming out of Montana and Wyoming.
Joe Goggins took a couple of minutes away from the sale to give us his thoughts on this market and just how far video sales have come since his father Pat first thought of it.
The market was significantly stronger on the bigger calves with the heavier 6 and 7 weight steers doing the best. A definite premium showing up again for those program cattle as well.
Northern Livestock Video will hold its next sale the 2019 Summertime Classic July 22nd through the 24th at the Billings Livestock Commission. The consignment deadline for that sale is Friday, July 5th.
Below check out our summary from the sale. Find individual lot details and more information about their next sale at Northernlivestockvideo.com
Northern Livestock Video Auction - Fall Premier - MT/WY/ND/SD Cattle
400-499 lb Steers | Avg: 597.50 | 597.50 | 240 Head |
500-549 lb Steers | Avg: 499.13 | 479 - 526 | 849 Head |
550-599 lb Steers | Avg: 477.86 | 460 - 496 | 858 Head |
600-649 lb Steers | Avg: 437 | 406 - 456 | 772 Head |
650-699 lb Steers | Avg: 416 | 391 - 457 | 205 Head |
700-749 lb Steers | Avg: 431.50 | 411 - 452 | 440 Head |
750-799 lb Steers | Avg: 389 | 389 | 190 Head |
800-849 lb Steers | Avg: 363 | 360 - 366 | 273 Head |
900-949 lb Steers | Avg: 354 | 354 | 590 Head |
1000-1050 lb Steers | Avg: 343 | 343 | 610 Head |
400-449 lb Heifers | Avg:529 | 514 - 545 | 310 Head |
450-499 lb Heifers | Avg: 482 | 467.50 - 507 | 445 Head |
500-549 lb Heifers | Avg:453.60 | 432 - 485 | 515 Head |
550-599 lb Heifers | Avg:414.50 | 376 - 433 | 455 Head |
600-649 lb Heifers | Avg: 421 | 421 | 96 Head |
700-749 lb Heifers | Avg:376 | 376 | 410 Head |
750-799 lb Heifers | Avg: 357 | 355 - 359 | 160 Head |
850-899 lb Heifers | Avg: 329 | 329 | 525 Head |
900-949 lb Heifers | Avg: 329 | 326 - 332 | 128 Head |
1000-1050 lb Heifers | Avg: 299 | 299 | 56 Head |
Bred Heifers | Avg: 4,242 | 3600 - 5700 | 1,963 Head |
2-3 Yr. Old Bred Cows | Avg: 3,992 | 3900 - 4000 | 390 Head |
5-8 Yr. Old Bred Cows | Avg: 3,469 | 3250 - 4160 | 180 Head |