Sale reports / Montana / Public Auction Yards / 2019-10-16

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Oct 16
● Final52 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
913 head
▲ 324 vs last sale 589▲ 913 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
555 head
▲ 170 vs last sale 385▲ 555 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
725 head
▲ 375 vs last sale 350▲ 725 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: All yearling cattle were too lightly tested to develop any market trend. Spring born steer calves weighing less than 500 lbs sold sharply higher with most sales 10.00-20.00 higher; steer calves over 500 lbs sold mostly 5.00-10.00 higher all comparisons are narrow. Heifers under 500 lbs were too lightly tested last sale to develop any market trend; heifer calves over 500 lbs sold 5.00-10.00 higher in a narrow comparison. Feeder cattle quality this week was mostly average to attractive and significantly higher than last week. Calves were fresh off the cow and still looked fresh and clean. Demand for calves was mostly moderate to good on moderate offerings. Yearlings were scarcely tested today. Market activity was mostly moderate to active. Weigh up cows sold on mostly light demand for heavy offerings. Packers started the sale out purchasing cows near steady with last week, however demand diminished quickly as they began to filled loads. Slaughter cows sold mostly 2.00-6.00 lower. A large portion of the cow market is destined for feed this week as some packers opted to feed thin fleshed cows in order to add some value back to them. Feeding cows sold mostly sharply lower than last week with mostly sales 5.00-8.00 lower. The majority of cows were in thin body condition this week, with most having freshly weaned calves. Cow quality was mostly average to attractive. Slaughter bulls sold mostly 6.00-8.00 lower on significantly lighter packer demand. Young age cows suitable to re-breed sold mostly 6.00-8.00 higher. Demand for these offerings was mostly good. Quality was average to attractive.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $165.71/cwt on 333 head.
Average price
$165.71
333 head · 517 lb average
Value per head Derived
$856
Price × average weight ÷ 100
Grade differential Derived
$248
per head · Medium and Large 1 over Medium and Large 2
$21.35/cwt at this weight
vs the market
+11.34
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1522166.35869302
Medium and Large 1-2471163.6777024
Medium and Large 2428145.006217thin
One grade step is worth $21.35/cwt here — about $248 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 sale333 hd
165.71
—
MT average5 barns · 2,559 hd
154.37
+11.34
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—Average1,85376.981,42745
CowsBoner 80-85%Low1,47456.4883280
CowsLean 85-90%Very Low1,25852.53661216

Every lot

52 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 1Unweaned312206.10/cwt199.00–212.5064325
Steers—Medium and Large 1Unweaned379197.61/cwt193.00–200.0074952
Steers—Medium and Large 1-2Unweaned396186.00/cwt186.00–186.007376
Steers—Medium and Large 2Unweaned428145.00/cwt145.00–145.006217
Steers—Medium and Large 1Unweaned437174.78/cwt173.00–179.0076421
Steers—Medium and Large 1-2Unweaned443168.23/cwt168.00–169.0074513
Steers—Medium and Large 1Unweaned474166.72/cwt161.00–171.0079059
Steers—Medium and Large 1Unweaned510157.72/cwt156.00–160.0080422
Steers—Medium and Large 1Unweaned554152.52/cwt152.50–153.0084521
Steers—Medium and Large 1Unweaned619146.83/cwt145.00–149.0090956
Steers—Medium and Large 1-2Unweaned632125.00/cwt125.00–125.007905
Steers—Medium and Large 1Unweaned692141.41/cwt140.25–145.0097929
Steers—Medium and Large 1912135.71/cwt135.00–136.001,23817
Feeder Cattle · Heifers13 lots · lightest first
Heifers—Medium and Large 1-2Unweaned294152.50/cwt152.50–152.5044815
Heifers—Medium and Large 1Unweaned353174.00/cwt174.00–174.0061433
Heifers—Medium and Large 1-2Unweaned387155.00/cwt155.00–155.0060013
Heifers—Medium and Large 1Unweaned409167.79/cwt153.00–169.0068656
Heifers—Medium and Large 1-2Unweaned423142.08/cwt141.00–143.0060117
Heifers—Medium and Large 1Unweaned455142.47/cwt142.00–145.0064813
Heifers—Medium and Large 1-2Unweaned505132.00/cwt132.00–132.006674
Heifers—Medium and Large 1Unweaned518135.00/cwt135.00–135.0069919
Heifers—Medium and Large 1Unweaned580131.63/cwt130.00–133.0076315
Heifers—Medium and Large 1Unweaned610132.13/cwt131.00–132.5080622
Heifers—Medium 1715135.36/cwt135.00–135.5096815
Heifers—Medium and Large 1970120.00/cwt120.00–120.001,1644
Heifers—Large 1Full1,057112.00/cwt112.00–112.001,1846
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1-2Unweaned481148.00/cwt148.00–148.007125
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,59073.66/cwt71.00–74.501,1719
Bulls——1,91077.34/cwt74.50–81.501,47733
Bulls——2,02283.00/cwt83.00–83.001,6783
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%Light Weight91338.24/cwt36.00–41.003495
Cows—Lean 85-90%1,17045.29/cwt39.00–49.0053036
Cows—Lean 85-90%1,28254.00/cwt49.00–56.50692151
Cows—Lean 85-90%1,31557.15/cwt55.00–60.5075224
Cows—Boner 80-85%1,43855.40/cwt49.00–58.0079752
Cows—Boner 80-85%1,54058.50/cwt57.50–59.5090128
Replacement Cattle · Stock Cows11 lots · lightest first
Stock Cows—Medium and Large 1-2Thin Fleshed91260.00/cwt60.00–60.005473
Stock Cows—Medium and Large 194190.35/cwt76.00–99.50850142
Stock Cows—Medium and Large 1Thin Fleshed1,01152.38/cwt50.00–56.005308
Stock Cows—Medium and Large 1-2Thin Fleshed1,12544.50/cwt44.50–44.5050117
Stock Cows—Medium and Large 11,13769.92/cwt60.00–81.0079594
Stock Cows—Medium and Large 1Thin Fleshed1,13755.82/cwt55.00–57.006358
Stock Cows—Medium and Large 11,24361.65/cwt57.50–65.0076627
Stock Cows—Medium and Large 1Thin Fleshed1,28452.05/cwt47.50–54.5066845
Stock Cows—Medium and Large 1Thin Fleshed1,37053.19/cwt51.50–55.0072939
Stock Cows—Medium and Large 11,43959.39/cwt55.00–67.0085558
Stock Cows—Medium and Large 11,52161.38/cwt56.00–70.0093438
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 11,110995.18/cwt960.00–1,100.0011,04619
Bred Cows—Medium and Large 11,1531,098.22/cwt1,075.00–1,110.0012,66258
Bred Cows—Medium and Large 11,18049.50/cwt49.50–49.5058412
Bred Cows—Medium and Large 11,330850.00/cwt850.00–850.0011,3055
Bred Cows—Medium and Large 11,356825.00/cwt825.00–825.0011,1878

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.