Sale reports / Montana / Public Auction Yards / 2019-10-02

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Oct 2
● Final34 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
229 head
▼ 110 vs last sale 339▲ 229 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
155 head
▼ 10 vs last sale 165▲ 155 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
173 head
▼ 133 vs last sale 306▲ 173 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Yearling steers were all too lightly tested to develop any market trend. The best test for yearling heifers was for 850-899 lbs which sold fully steady. Demand was moderate for light offerings. A light offering of calves was seen this week and these offerings were met with mostly moderate to good demand. Calf offerings have been very limited over the last few weeks with too few sales to establish any market trend. Calf and yearling quality was mostly average this week. Market activity was mostly moderate to active. Weigh up cows sold on mostly light to moderate demand for light offerings. Packers were less aggressive as they bid on cows this week. With little to no push from feeding buyers packers were able to purchase both feeding and slaughter cows lower. Slaughter cows sold steady to 2.00 lower. Feeding cows sold steady to 4.00 lower. Cow quality this week was average to attractive. Cows and bulls both offered below average weigh up conditions as rain/snow and colder temperatures had all offerings very full. Young age cows suitable to re-breed sold on mostly moderate to good demand this week. A larger and higher quality supply of young cows were seen again this week; these offerings sold fully steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $129.54/cwt on 112 head.
Average price
$129.54
112 head · 778 lb average
Value per head Derived
$1,007
Price × average weight ÷ 100
Grade differential Derived
−$199
per head · Medium and Large 1 over Large 1
$12.52/cwt at this weight
vs the market
−4.61
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1768130.671,00395
Medium and Large 1-2629129.008118thin
Large 11,017118.151,2029thin
One grade step is worth $12.52/cwt here — about −$199 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 sale112 hd
129.54
—
MT average3 barns · 960 hd
134.16
−4.61
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—High1,82380.181,46131
CowsBreaker 75-80%Average1,68364.731,08912
CowsBoner 80-85%Very Low1,42361.3787330
CowsLean 85-90%High1,26558.6274163

Every lot

34 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 · Steers4 lots · lightest first
Steers—Medium and Large 1Unweaned466170.00/cwt170.00–170.0079210
Steers—Medium and Large 1Unweaned568145.11/cwt144.00–146.0082419
Steers—Medium and Large 1Unweaned607138.50/cwt138.50–138.508415
Steers—Medium and Large 1Unweaned681134.95/cwt134.50–135.5091933
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 1-2423135.00/cwt135.00–135.005712
Heifers—Medium and Large 1Unweaned461140.00/cwt140.00–140.006456
Heifers—Medium and Large 1-2483135.00/cwt135.00–135.006523
Heifers—Medium and Large 1Unweaned553131.66/cwt131.00–132.0072822
Heifers—Medium and Large 1Unweaned658123.51/cwt119.50–126.008137
Heifers—Medium and Large 1819132.75/cwt132.75–132.751,08715
Heifers—Medium and Large 1894130.46/cwt130.25–131.501,16635
Heifers—Medium and Large 1908127.50/cwt127.50–127.501,1582
Heifers—Medium and Large 1-2912119.00/cwt119.00–119.001,0853
Heifers—Medium and Large 1999125.00/cwt125.00–125.001,2498
Heifers—Large 11,017118.15/cwt116.00–120.501,2029
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,73875.20/cwt72.50–78.001,30712
Bulls——1,80681.73/cwt79.00–84.501,47613
Bulls——2,02886.79/cwt85.50–87.501,7606
Slaughter Cattle · Cows10 lots · lightest first
Cows—Lean 85-90%Light Weight96054.69/cwt52.00–56.005253
Cows—Lean 85-90%1,25962.00/cwt61.50–64.5078111
Cows—Lean 85-90%1,27958.24/cwt52.00–62.5074546
Cows—Boner 80-85%1,31265.08/cwt63.50–68.008549
Cows—Lean 85-90%1,32570.00/cwt70.00–70.009281
Cows—Lean 85-90%1,38848.95/cwt48.50–49.506792
Cows—Boner 80-85%1,42661.03/cwt57.00–63.0087017
Cows—Breaker 75-80%1,64266.70/cwt66.50–67.001,0955
Cows—Boner 80-85%1,65954.50/cwt54.50–54.509044
Cows—Breaker 75-80%1,71263.32/cwt61.00–65.501,0847
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,1431,025.00/cwt1,025.00–1,025.0011,7162
Bred Cows—Medium and Large 11,1931,100.00/cwt1,100.00–1,100.0013,1233
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 11,02185.10/cwt74.50–95.0086972
Stock Cows—Medium and Large 11,11671.78/cwt65.00–79.5080136
Stock Cows—Medium and Large 11,47364.87/cwt63.00–66.5095650
Stock Cows—Medium and Large 11,50065.60/cwt63.00–68.509842

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.