Sale reports / Montana / Public Auction Yards / 2019-04-24

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Apr 24
● Final61 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
506 head
▼ 5,114 vs last sale 5,620▲ 506 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
244 head
▼ 106 vs last sale 350▲ 244 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
490 head
▲ 418 vs last sale 72▲ 490 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested this week to develop an accurate market trend, however lower undertones were noticed on all offerings. Quality this week was mostly plain to average and much lower than last weeks very attractive offering. Feeder buyers were forced to piece together loads this sale as feeders were offered in mostly small packages or as singles. CME positions traded sharply lower today and buyers showed caution as they bid on all offerings. Market activity this week was mostly slow to moderate. Weigh up cows sold on good to very good demand on moderate to heavy offerings. Packers and feeding buyers both showed good demand for all offerings. Packers pushed to own the majority of the cow offering this week, however feeding buyers showed stronger demand for cows and were able to purchased a large portion of the cow offering this week. Despite aggressive bidding from feeding buyers packers were able to chip away and put together loads for harvest, however prices this week were the highest so far this year. Cow quality was attractive overall. Weigh up conditions were mostly average to above average for buyers as cows and bulls showed little excess fill this sale. Slaughter cows were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed on all classes. Feeding cows sold mostly 3.00-5.00 higher on all ages. Fleshy cows sold on very good demand this week as packers and feeding buyers both desired these offerings. Demand for cows strengthened throughout today's sale as both packers and feeders both tested each others price limits as the sale pushed into the afternoon. Slaughter bulls were too lightly tested to develop an accurate market trend, however higher undertones were noticed. 2-3 year olds sold on good demand again this week. Ranchers and order buyers both were actively bidding on offering this sale. Theses offerings sold generally steady as a result.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $142.99/cwt on 188 head.
Average price
$142.99
188 head · 648 lb average
Value per head Derived
$926
Price × average weight ÷ 100
Grade differential Derived
$120
per head · Medium and Large 1 over Medium 1-2
$28.72/cwt at this weight
vs the market
−6.90
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1645148.7295994
Medium and Large 2570138.7779013thin
Medium and Large 1-2662137.9191377
Medium 1-2699120.008394thin
One grade step is worth $28.72/cwt here — about $120 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale188 hd
142.99
—
MT average3 barns · 1,743 hd
149.90
−6.90
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—High1,87684.381,58361
CowsBreaker 75-80%Average1,61066.811,07514
CowsBoner 80-85%High1,43266.1894848
CowsLean 85-90%Average1,19860.9073073

Every lot

61 lots · USDA AMS · Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers13 lots · lightest first
Steers—Medium and Large 1-2448187.50/cwt187.50–187.508403
Steers—Medium and Large 1508181.00/cwt181.00–181.009192
Steers—Medium and Large 1-2513171.06/cwt169.00–179.008788
Steers—Medium and Large 1-2555174.00/cwt174.00–174.009662
Steers—Medium and Large 1565179.92/cwt177.00–181.001,01717
Steers—Medium and Large 1617170.81/cwt169.00–176.501,05415
Steers—Medium and Large 1-2620162.61/cwt157.00–163.001,00815
Steers—Medium and Large 1672166.81/cwt163.00–171.001,12121
Steers—Medium and Large 1-2692156.38/cwt156.00–157.001,0828
Steers—Medium and Large 1-2Fleshy725143.00/cwt143.00–143.001,0379
Steers—Medium and Large 1728155.49/cwt154.00–157.001,1322
Steers—Medium and Large 1754151.22/cwt146.00–153.001,14013
Steers—Medium and Large 1-2784141.52/cwt140.00–142.001,1104
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1-260150.00/cwt150.00–150.00901
Heifers—Medium and Large 1-2481152.97/cwt151.00–155.0073610
Heifers—Medium and Large 1-2514152.76/cwt150.00–154.0078517
Heifers—Medium and Large 2528148.00/cwt148.00–148.007813
Heifers—Medium and Large 1533160.92/cwt160.00–161.0085824
Heifers—Medium and Large 1-2555147.50/cwt147.50–147.508191
Heifers—Medium and Large 1571155.00/cwt155.00–155.008854
Heifers—Medium and Large 2582136.00/cwt136.00–136.0079210
Heifers—Medium and Large 1-2630146.00/cwt146.00–146.0092010
Heifers—Medium and Large 1633152.77/cwt152.00–153.5096733
Heifers—Medium and Large 1676146.08/cwt144.00–152.0098815
Heifers—Medium and Large 1-2690138.86/cwt137.00–139.0095814
Heifers—Medium 1-2699120.00/cwt120.00–120.008394
Heifers—Medium and Large 1710140.50/cwt138.00–143.009982
Heifers—Medium and Large 1-2763129.00/cwt129.00–129.009843
Heifers—Medium and Large 1Fleshy818124.00/cwt124.00–124.001,01416
Heifers—Medium and Large 1-2Fleshy836119.00/cwt119.00–119.009956
Heifers—Medium and Large 1-2Fleshy851115.00/cwt115.00–115.0097916
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 190200.00/cwt200.00–200.001801
Bulls—Medium and Large 1783137.00/cwt137.00–137.001,0736
Bulls—Medium and Large 1-2793125.00/cwt125.00–125.009912
Bulls—Medium and Large 1-2800128.00/cwt128.00–128.001,0241
Bulls—Medium and Large 1868131.19/cwt129.00–134.001,1397
Bulls—Medium and Large 1972118.00/cwt118.00–118.001,1473
Bulls—Large 11,12797.28/cwt93.50–110.001,09613
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,63275.67/cwt72.00–80.501,23516
Bulls——1,85584.85/cwt79.00–92.501,57431
Bulls——2,20393.28/cwt90.00–97.002,05514
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight90550.00/cwt50.00–50.004531
Cows—Lean 85-90%Light Weight92046.00/cwt46.00–46.004231
Cows—Lean 85-90%1,15257.98/cwt52.50–62.0066836
Cows—Lean 85-90%1,25563.91/cwt61.00–66.0080227
Cows—Lean 85-90%1,28867.07/cwt66.00–68.008648
Cows—Boner 80-85%1,36860.50/cwt58.50–62.508282
Cows—Boner 80-85%1,42665.93/cwt63.00–67.5094036
Cows—Boner 80-85%1,46768.21/cwt67.00–70.001,00110
Cows—Breaker 75-80%1,54468.62/cwt68.00–70.501,0594
Cows—Breaker 75-80%1,61966.37/cwt66.00–67.001,0759
Cows—Breaker 75-80%1,79063.50/cwt63.50–63.501,1371
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,1251,450.00/cwt1,450.00–1,450.0016,3133
Bred Cows—Medium and Large 11,2101,185.00/cwt1,185.00–1,185.0014,3393
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 11,03999.31/cwt81.50–121.001,032151
Stock Cows—Medium and Large 1-21,09657.00/cwt56.00–58.006257
Stock Cows—Medium and Large 11,12083.30/cwt67.00–108.0093366
Stock Cows—Medium and Large 1-21,14581.00/cwt81.00–81.009271
Stock Cows—Medium and Large 11,33864.22/cwt62.00–67.0085936
Stock Cows—Medium and Large 11,36467.67/cwt66.00–70.0092334
Stock Cows—Medium and Large 11,41866.57/cwt62.00–69.0094450

This sale against other markets

Montana weighted averages
One sale is one barn on one day. The state ladder is every Montana auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.