Sale reports / Montana / Public Auction Yards / 2019-06-26

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jun 26
● Final56 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
406 head
▲ 153 vs last sale 253▲ 406 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
245 head
▲ 35 vs last sale 210▲ 245 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
1,470 head
▲ 699 vs last sale 771▲ 1,470 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last reported sale(6-5-19): All feeder cattle were too lightly tested to develop an accurate market trend. Feeder cattle supplies continue to be light as most ranchers have already turned out for summer. Demand for feeders was light on very light offerings. Market activity was slow. Weigh up cows sold on mostly moderate demand for heavy offerings. Packers showed mostly moderate demand for both cows for immediate harvest as well as cows to put on feed. Cow quality this week was mostly attractive, with many long strings of cows off reputation ranches. Slaughter cows sold steady to 2.00 lower on boning and lean cows, breaking cows were too lightly tested to trend, as most sold to feed. Feeding cows sold mostly steady to 2.00 lower. Slaughter bulls sold fully steady on a very attractive offering. Young age cows less than 4 years old sold steady to 5.00 lower. Quality was not as attractive this week. Offerings destined to feed sold lower as CME positions have inched lower over the past 3 weeks. Demand for high quality cows suitable to re-breed remains good and these offerings sold steady with the last reported sale.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.92/cwt on 152 head.
Average price
$145.92
152 head · 702 lb average
Value per head Derived
$1,024
Price × average weight ÷ 100
Grade differential Derived
−$202
per head · Medium and Large 1 over Large 1
$29.90/cwt at this weight
vs the market
+0.51
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1662150.21994118
Medium and Large 1-2703140.5298818thin
Large 1995120.311,19716thin
One grade step is worth $29.90/cwt here — about −$202 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 sale152 hd
145.92
—
MT average2 barns · 158 hd
145.41
+0.51
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—Low1,92586.501,66575
CowsBreaker 75-80%High1,92365.251,2542thin
CowsBoner 80-85%High1,40661.3086226
CowsLean 85-90%Low1,20759.2971672

Every lot

56 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 1Unweaned459162.00/cwt162.00–162.007446
Steers—Medium and Large 1Unweaned595159.00/cwt159.00–159.0094623
Steers—Medium and Large 1611158.00/cwt158.00–158.0096531
Steers—Medium and Large 1-2621146.64/cwt145.00–149.009115
Steers—Medium and Large 1650148.00/cwt148.00–148.009624
Steers—Medium and Large 1704144.24/cwt144.00–146.001,01542
Steers—Medium and Large 1-2718140.22/cwt139.00–141.001,00710
Steers—Medium and Large 1775140.50/cwt140.50–140.501,0894
Steers—Medium and Large 1-2792131.33/cwt128.00–133.001,0403
Steers—Large 1847127.50/cwt127.50–127.501,0806
Steers—Medium and Large 1850130.00/cwt130.00–130.001,1052
Steers—Medium and Large 1959121.00/cwt121.00–121.001,1606
Steers—Large 11,083116.00/cwt116.00–116.001,25610
Feeder Cattle · Heifers8 lots · lightest first
Heifers—Medium and Large 1-2491138.00/cwt138.00–138.0067814
Heifers—Medium and Large 1Unweaned503147.00/cwt147.00–147.007393
Heifers—Medium and Large 2511126.00/cwt126.00–126.006444
Heifers—Medium and Large 1546140.00/cwt140.00–140.007647
Heifers—Medium and Large 1-2570138.01/cwt137.00–139.007878
Heifers—Medium and Large 1Unweaned589139.00/cwt139.00–139.008197
Heifers—Medium and Large 1635135.51/cwt133.00–139.5086066
Heifers—Medium and Large 1710124.00/cwt124.00–124.0088011
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1530160.00/cwt160.00–160.008485
Bulls—Medium and Large 1-2585135.00/cwt135.00–135.007903
Bulls—Medium and Large 1760131.00/cwt131.00–131.009961
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,51775.95/cwt73.00–79.001,1526
Bulls——1,83384.64/cwt79.50–87.501,55135
Bulls——2,09190.27/cwt87.00–94.501,88834
Slaughter Cattle · Cows10 lots · lightest first
Cows—Lean 85-90%Light Weight95061.00/cwt61.00–61.005801
Cows—Lean 85-90%Light Weight96355.10/cwt50.00–57.005316
Cows—Lean 85-90%1,20356.63/cwt50.00–59.5068130
Cows—Lean 85-90%1,25460.71/cwt59.00–62.5076126
Cows—Lean 85-90%1,27666.68/cwt65.00–68.508519
Cows—Boner 80-85%1,38962.33/cwt60.00–63.5086617
Cows—Boner 80-85%1,43256.89/cwt54.00–59.508157
Cows—Boner 80-85%1,45568.00/cwt68.00–68.009892
Cows—Breaker 75-80%1,77565.00/cwt65.00–65.001,1541
Cows—Breaker 75-80%Heavy Weight2,07065.50/cwt65.50–65.501,3561
Replacement Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 11,92699.19/cwt90.00–106.001,9107
Replacement Cattle · Cow-Calf Pairs8 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,3111,885.58/cwt1,860.00–1,900.0024,72059
Cow-Calf Pairs—Medium and Large 11,3161,340.97/cwt1,325.00–1,375.0017,64726
Cow-Calf Pairs—Medium and Large 1-21,3501,550.00/cwt1,550.00–1,550.0020,9255
Cow-Calf Pairs—Medium and Large 11,3951,827.81/cwt1,550.00–1,950.0025,49854
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,4191,285.92/cwt1,200.00–1,425.0018,24740
Cow-Calf Pairs—Medium and Large 11,4371,737.10/cwt1,350.00–1,800.0024,96238
Cow-Calf Pairs—Medium and Large 11,4541,575.00/cwt1,575.00–1,575.0022,9016
Cow-Calf Pairs—Medium and Large 1-21,4731,150.00/cwt1,150.00–1,150.0016,9404
Replacement Cattle · Stock Cows8 lots · lightest first
Stock Cows—Medium and Large 1-21,01761.19/cwt61.00–61.506223
Stock Cows—Medium and Large 1-21,04360.46/cwt58.00–62.006317
Stock Cows—Medium and Large 11,05990.99/cwt70.00–109.0096486
Stock Cows—Medium and Large 1-21,06368.00/cwt68.00–68.007232
Stock Cows—Medium and Large 11,13868.99/cwt62.00–87.5078560
Stock Cows—Medium and Large 11,36366.49/cwt62.00–68.25906123
Stock Cows—Medium and Large 11,39164.32/cwt59.50–67.00895161
Stock Cows—Medium and Large 11,39361.78/cwt57.50–64.50861105
Replacement Cattle · Heifer Pairs2 lots · lightest first
Heifer Pairs—Medium and Large 1-21,1151,650.00/cwt1,650.00–1,650.0018,39811
Heifer Pairs—Medium and Large 11,1801,900.00/cwt1,900.00–1,900.0022,42014

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.