Sale reports / Montana / Public Auction Yards / 2020-04-01

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Apr 1
● Final35 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
318 head
▲ 153 vs last sale 165▲ 318 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
118 head
▼ 185 vs last sale 303▲ 118 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
353 head
▼ 90 vs last sale 443▲ 353 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested to develop an accurate market trend, however lower undertones were noticed. Demand for feeder cattle was mostly light on light offerings. Quality this week was mostly plain to average. CME positions slumped lower again today as limit lower trading was seen. Market activity was mostly slow. Weigh up cows sold on mostly light demand for light to moderate offerings. Packers showed light demand for all cows for immediate harvest. Packers opted to send the majority of cows to to feed this week. Slaughter cows sold mostly 11.00-14.00 lower on boning and lean cows, breaking cows were too lightly tested to trend as most of these offerings were purchased to feed. Feeding cows sold mostly 9.00-13.00 lower. Packers have decreased slaughter volumes over the last few days after near record slaughter volumes were seen last week. Slaughter today was estimated at 116,000 head compared to 122,00 last week. Slaughter bulls sold mostly 10.00-12.00 lower. Young age cows suitable to feed or re-breed sold 3.00-4.00 lower. Demand from feeding buyers remains moderate and similar to last week.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $157.19/cwt on 113 head.
Average price
$157.19
113 head · 545 lb average
Value per head Derived
$856
Price × average weight ÷ 100
Grade differential Derived
−$49
per head · Medium and Large 1 over Medium and Large 1-2
$23.58/cwt at this weight
vs the market
+6.69
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1502165.7583272
Medium and Large 1-2620142.1788141
One grade step is worth $23.58/cwt here — about −$49 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 sale113 hd
157.19
—
MT average2 barns · 532 hd
150.51
+6.69
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—Average1,70872.251,23421
CowsBreaker 75-80%Average1,63551.838473thin
CowsBoner 80-85%Average1,45151.8075116
CowsLean 85-90%Low1,25947.7860139

Every lot

35 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 · Steers5 lots · lightest first
Steers—Medium and Large 1464171.00/cwt171.00–171.0079330
Steers—Medium and Large 1-2482158.03/cwt156.00–160.007626
Steers—Medium and Large 1529162.00/cwt162.00–162.0085742
Steers—Medium and Large 1-2628141.77/cwt135.00–145.5089023
Steers—Medium and Large 1-2672135.00/cwt135.00–135.0090712
Feeder Cattle · Heifers6 lots · lightest first
Heifers—Medium and Large 1-2412142.40/cwt142.00–147.5058728
Heifers—Medium and Large 1-2513137.18/cwt135.00–143.0070411
Heifers—Medium and Large 1-2566132.00/cwt132.00–132.007475
Heifers—Medium and Large 1-2621130.00/cwt130.00–130.008077
Heifers—Medium and Large 1674130.00/cwt130.00–130.0087644
Heifers—Medium and Large 1-2734115.50/cwt115.50–115.508488
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1523159.00/cwt159.00–159.008324
Bulls—Medium and Large 1-282092.00/cwt92.00–92.007542
Bulls—Large 11,01892.98/cwt91.00–94.009479
Bulls—Large 11,05482.15/cwt81.00–89.008667
Bulls—Large 1-21,10883.00/cwt83.00–83.009203
Bulls—Large 11,17582.39/cwt82.00–84.009685
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,58466.73/cwt62.00–72.001,05710
Bulls——1,71675.98/cwt74.00–81.001,3048
Bulls——2,10080.67/cwt80.00–82.001,6943
Slaughter Cattle · Cows8 lots · lightest first
Cows—Lean 85-90%Light Weight92542.00/cwt42.00–42.003891
Cows—Lean 85-90%1,24035.27/cwt30.00–42.004372
Cows—Lean 85-90%1,25747.69/cwt46.00–49.5059924
Cows—Lean 85-90%1,29350.54/cwt48.00–53.0065312
Cows—Boner 80-85%1,40148.34/cwt47.00–51.506774
Cows—Boner 80-85%1,46752.95/cwt51.00–55.0077712
Cows—Breaker 75-80%1,61553.74/cwt53.50–54.008682
Cows—Breaker 75-80%1,67548.00/cwt48.00–48.008041
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 197883.63/cwt66.00–93.5081888
Stock Cows—Medium and Large 11,17165.25/cwt53.00–76.0076474
Stock Cows—Medium and Large 1Thin Fleshed1,21654.13/cwt53.00–56.006588
Stock Cows—Medium and Large 1Thin Fleshed1,23046.52/cwt45.00–49.005728
Stock Cows—Medium and Large 1Thin Fleshed1,30054.50/cwt54.50–54.507095
Stock Cows—Medium and Large 11,35458.31/cwt48.00–61.5079032
Stock Cows—Medium and Large 11,40256.51/cwt54.00–59.0079220

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.