Sale reports / Montana / Public Auction Yards / 2019-09-11

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Sep 11
● Final62 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
1,053 head
▼ 160 vs last sale 1,213▲ 1,053 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
145 head
▼ 100 vs last sale 245▲ 145 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
182 head
▲ 102 vs last sale 80▲ 182 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last reported sale(8-28-19): Yearling steers under 800 lbs sold mostly 1.00-2.00 higher in a narrow comparison, Yearling steers over 800 lbs sold mostly steady. Yearling heifers 850-1049 lbs sold mostly 3.00-5.00 lower. Demand today was mostly moderate to good despite steady to lower prices compared to two weeks ago. CME positions have shown strong positive movement over the past couple days and buyers bid aggressively as a result. Yearlings were in mostly light flesh and coming off grass. Quality was average to attractive. Market activity was mostly active. Weigh up cows sold on mostly light to moderate demand and offerings. This week there was a sharp divide between slaughter cows and feeding cows driven by lighter demand for thin cows and wet bagged cows fresh off weaning. Packer buyers showed significantly lighter demand for cows to send to harvest. Slaughter cows sold mostly 3.00-5.00 lower on lean and boning cows. Fleshy breaking cows were too lightly tested to trend as most of these cows returned to feed. The best demand for cows was for large framed heavily fleshed cows which can quickly finish once put on feed. Feeding buyers would buy thin fleshed cows too, just at a heavy discount. Feeding cows sold mostly 1.00-3.00 lower. Slaughter bulls sold mostly 5.00-7.00 lower. All cows were very full this sale offering buyers mostly below average weigh up conditions.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $141.98/cwt on 506 head.
Average price
$141.98
506 head · 756 lb average
Value per head Derived
$1,074
Price × average weight ÷ 100
Grade differential Derived
−$175
per head · Medium and Large 1 over Large 1
$36.81/cwt at this weight
vs the market
+2.80
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1738144.081,063450
Medium and Large 1-2702140.1498430
Large 1-21,068110.701,1835thin
Large 11,154107.261,23821
One grade step is worth $36.81/cwt here — about −$175 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 sale506 hd
141.98
—
MT average3 barns · 1,057 hd
139.19
+2.80
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—Average1,92079.411,52560
CowsBreaker 75-80%Average1,67363.251,0582thin
CowsBoner 80-85%Low1,45458.3184836
CowsLean 85-90%Low1,22154.1866137

Every lot

62 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 · Steers20 lots · lightest first
Steers—Medium and Large 1Unweaned396175.50/cwt175.50–175.5069524
Steers—Medium and Large 1-2Unweaned424157.42/cwt154.00–161.0066710
Steers—Medium and Large 1Unweaned460168.00/cwt168.00–168.0077352
Steers—Medium and Large 1Unweaned544146.85/cwt146.00–156.5079958
Steers—Medium and Large 1-2681143.50/cwt143.50–143.509776
Steers—Medium and Large 1730145.39/cwt141.00–147.001,06164
Steers—Medium and Large 1781141.18/cwt139.00–141.751,10343
Steers—Medium and Large 1836135.00/cwt135.00–135.001,12911
Steers—Medium and Large 1-2843130.00/cwt130.00–130.001,0963
Steers—Medium and Large 1-2863129.80/cwt129.00–131.001,1205
Steers—Medium and Large 1876134.63/cwt132.50–135.501,17976
Steers—Medium and Large 1Natural885136.00/cwt136.00–136.001,20469
Steers—Medium and Large 1929131.11/cwt129.50–133.001,21837
Steers—Medium and Large 1967127.56/cwt127.00–127.751,23416
Steers—Medium and Large 1-2981121.66/cwt121.00–122.001,1936
Steers—Large 1-21,042112.50/cwt112.50–112.501,1723
Steers—Large 1-21,108108.00/cwt108.00–108.001,1972
Steers—Large 1Fleshy1,145105.00/cwt105.00–105.001,2024
Steers—Large 1Fleshy1,151108.50/cwt108.50–108.501,2495
Steers—Large 1Full1,158107.50/cwt107.50–107.501,24512
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 1-2340142.00/cwt142.00–142.0048311
Heifers—Medium and Large 1Unweaned374145.33/cwt145.00–146.0054417
Heifers—Medium and Large 1Unweaned420144.00/cwt144.00–144.006056
Heifers—Medium and Large 1Unweaned454142.80/cwt142.00–143.0064821
Heifers—Medium 1-2638131.00/cwt131.00–131.008362
Heifers—Medium 1-2659130.00/cwt130.00–130.008577
Heifers—Medium 1674136.95/cwt136.00–138.0092335
Heifers—Medium 1-2731120.00/cwt120.00–120.008774
Heifers—Medium and Large 1738134.00/cwt134.00–134.009896
Heifers—Medium 1784129.75/cwt129.75–129.751,01711
Heifers—Medium and Large 2792117.00/cwt117.00–117.009277
Heifers—Medium and Large 1838124.98/cwt124.00–127.001,0479
Heifers—Medium and Large 1-2883122.00/cwt122.00–122.001,0772
Heifers—Medium and Large 1886125.34/cwt123.00–127.001,11142
Heifers—Medium and Large 1912123.52/cwt120.00–124.251,12753
Heifers—Medium and Large 1Full941118.50/cwt118.50–118.501,1157
Heifers—Medium and Large 1-2949117.00/cwt117.00–117.001,1107
Heifers—Medium and Large 1966119.63/cwt117.00–120.251,15616
Heifers—Large 11,016115.83/cwt114.00–118.001,17712
Heifers—Large 1-21,020109.50/cwt109.50–109.501,1175
Heifers—Large 11,066116.16/cwt111.00–116.751,23810
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 2Unweaned425139.00/cwt139.00–139.0059113
Bulls—Medium and Large 1Unweaned426162.00/cwt162.00–162.0069016
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,74371.79/cwt65.00–76.001,25118
Bulls——1,93580.75/cwt77.00–84.001,56324
Bulls——2,07785.23/cwt84.00–89.501,77018
Slaughter Cattle · Cows9 lots · lightest first
Cows—Lean 85-90%Light Weight84547.00/cwt47.00–47.003971
Cows—Lean 85-90%1,09347.24/cwt45.00–48.505163
Cows—Lean 85-90%1,23754.44/cwt50.00–62.0067331
Cows—Lean 85-90%1,35064.09/cwt63.00–65.008652
Cows—Boner 80-85%1,39061.39/cwt61.00–62.008535
Cows—Boner 80-85%1,44557.04/cwt53.00–60.0082429
Cows—Breaker 75-80%1,61560.50/cwt60.50–60.509771
Cows—Breaker 75-80%1,73066.00/cwt66.00–66.001,1421
Cows—Boner 80-85%1,75069.00/cwt69.00–69.001,2082
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 190597.00/cwt97.00–97.008782
Stock Cows—Medium and Large 1Thin Fleshed1,14159.00/cwt59.00–59.006735
Stock Cows—Medium and Large 1Thin Fleshed1,21356.82/cwt54.00–57.0068923
Stock Cows—Medium and Large 11,23770.17/cwt66.50–78.0086819
Stock Cows—Medium and Large 1Thin Fleshed1,24956.34/cwt55.00–57.007043
Stock Cows—Medium and Large 11,48961.02/cwt57.50–69.0090935
Stock Cows—Medium and Large 11,63264.59/cwt60.00–67.001,05422

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.