Sale reports / Montana / Public Auction Yards / 2020-06-24

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jun 24
● Final80 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
1,228 head
▲ 930 vs last sale 298▲ 822 vs year ago 406 · +202.5%
Slaughter Cattle receipts
290 head
▲ 106 vs last sale 184▲ 45 vs year ago 245 · +18.4%
Replacement Cattle receipts
1,146 head
▲ 935 vs last sale 211▼ 324 vs year ago 1,470 · −22.0%
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Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were all too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Quality this week was mostly average to attractive and significantly higher than last week. Buyers filled the stands today as this is the last sale until the week after the 4th of July. Demand was moderate to good for light to moderate offerings. Buyers showed good demand for green cattle suitable to turn out on grass. Cattle were in mostly light flesh this sale. Notably, the 781 lbs heifers tagged as replacements were A.I. bred for one round with no clean up bulls turned out. Market activity today was mostly active with many order buyers and ranchers in the stands actively bidding on offerings. Weigh up cows sold on mostly good to very good demand for moderate to heavy offerings. Cow and bull quality this week was mostly attractive to very attractive. Packers showed moderate to good demand for slaughter cows as they bid aggressively against feeding buyers over offerings. Lean cows sold with the best demand as packers search for lean product to blend down trimmings from the backlog of over finished cattle. Many long strings of cows off reputation ranches were seen this sale. Feeding cow demand was mostly very good today. Feeding cows sold mostly 2.00-3.00 higher. Slaughter bulls sold steady to firm on a high quality offering. Weigh up conditions were mostly average to below average today as hot temperatures had many cows pushing excess fill. Demand for re-breed cattle was better in places as ranchers purchased many high quality sets of young cows. Young age cows sold mostly 2.00-5.00 higher on a significantly higher quality offering. Quality was attractive to very attractive.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $130.22/cwt on 529 head.
Average price
$130.22
529 head · 686 lb average
Value per head Derived
$894
Price × average weight ÷ 100
Grade differential Derived
−$135
per head · Medium and Large 1-2 over Medium and Large 1
$3.91/cwt at this weight
vs the market
−0.39
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2593133.4379188
Medium 1-2440132.005819thin
Medium 1465129.756048thin
Medium and Large 1715129.52926424
One grade step is worth $3.91/cwt here — about −$135 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 sale529 hd
130.22
—
MT average3 barns · 610 hd
130.61
−0.39
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—High1,84089.031,63869
CowsBreaker 75-80%Average1,37868.009372thin
CowsBoner 80-85%Average1,41064.7191344
CowsLean 85-90%Average1,23960.47750120

Every lot

80 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 · Steers23 lots · lightest first
Steers—Medium 1469175.00/cwt175.00–175.0082117
Steers—Medium and Large 1Unweaned479167.00/cwt167.00–167.0080010
Steers—Medium and Large 1-2486161.00/cwt161.00–161.007827
Steers—Medium and Large 1-2519163.00/cwt163.00–163.008465
Steers—Medium 1538167.00/cwt167.00–167.0089815
Steers—Medium and Large 1558171.00/cwt171.00–171.009548
Steers—Medium and Large 1Unweaned585145.00/cwt145.00–145.008484
Steers—Medium and Large 1621152.84/cwt151.00–155.5094916
Steers—Medium and Large 1-2643149.00/cwt149.00–149.0095815
Steers—Medium and Large 1-2668138.00/cwt138.00–138.009223
Steers—Medium and Large 1Fleshy678141.00/cwt141.00–141.009563
Steers—Medium and Large 1680152.27/cwt151.00–153.001,03511
Steers—Medium and Large 1714145.08/cwt144.00–147.501,03613
Steers—Medium and Large 1-2716138.36/cwt135.00–140.0099118
Steers—Medium and Large 1-2762127.00/cwt127.00–127.0096814
Steers—Medium and Large 1775139.43/cwt135.50–144.501,081102
Steers—Medium and Large 1815135.50/cwt135.50–135.501,10422
Steers—Medium and Large 1877127.20/cwt124.50–131.001,11682
Steers—Medium and Large 1-2890115.03/cwt114.75–120.501,02420
Steers—Medium and Large 1908123.15/cwt118.00–124.001,11829
Steers—Medium and Large 1Fleshy917110.00/cwt110.00–110.001,0093
Steers—Medium and Large 1-2949108.00/cwt108.00–108.001,02514
Steers—Medium and Large 1966115.30/cwt115.00–116.001,11410
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium 1Unweaned381138.00/cwt138.00–138.005266
Heifers—Medium 1-2440132.00/cwt132.00–132.005819
Heifers—Medium and Large 1-2481144.44/cwt138.00–149.0069521
Heifers—Medium and Large 1Unweaned506151.00/cwt151.00–151.007648
Heifers—Medium and Large 1519150.00/cwt149.00–150.5077928
Heifers—Medium and Large 1-2546137.00/cwt137.00–137.007487
Heifers—Medium and Large 1-2582137.52/cwt131.00–139.0080037
Heifers—Medium and Large 1628137.62/cwt132.00–140.0086486
Heifers—Medium and Large 1-2680121.06/cwt117.00–123.008236
Heifers—Medium and Large 1687132.00/cwt132.00–132.0090713
Heifers—Medium and Large 1-2709118.06/cwt114.00–124.008375
Heifers—Medium 1718105.00/cwt105.00–105.007542
Heifers—Medium and Large 1Replacement729130.50/cwt130.50–130.509518
Heifers—Medium and Large 1729127.24/cwt125.50–129.5092893
Heifers—Medium and Large 1-2Spayed741117.00/cwt117.00–117.008677
Heifers—Medium and Large 1-2750107.00/cwt107.00–107.008033
Heifers—Medium and Large 1768124.73/cwt118.00–128.2595888
Heifers—Medium and Large 1Replacement781125.50/cwt125.50–125.5098060
Heifers—Medium and Large 1818117.66/cwt115.00–118.0096227
Heifers—Medium and Large 1-2818102.50/cwt102.50–102.508382
Heifers—Medium and Large 1862108.50/cwt108.50–108.509358
Heifers—Medium and Large 1Fleshy931106.00/cwt106.00–106.009875
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1-2559145.00/cwt145.00–145.008115
Bulls—Medium and Large 1695130.00/cwt130.00–130.009042
Bulls—Medium and Large 1-293888.00/cwt88.00–88.008252
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Light Weight1,26580.00/cwt80.00–80.001,0121
Bulls——Natural1,65889.83/cwt88.00–93.001,4893
Bulls——1,68974.35/cwt65.00–80.001,2566
Bulls——Natural1,69084.00/cwt84.00–84.001,4201
Bulls——1,77785.26/cwt83.00–89.001,51526
Bulls——Natural1,88199.00/cwt99.00–99.001,8628
Bulls——1,98593.96/cwt91.00–102.501,86524
Slaughter Cattle · Cows9 lots · lightest first
Cows—Lean 85-90%Light Weight95055.08/cwt51.00–57.005236
Cows—Lean 85-90%1,09846.98/cwt46.00–48.005162
Cows—Lean 85-90%1,24262.63/cwt59.50–65.0077861
Cows—Lean 85-90%1,27156.67/cwt51.00–60.0072039
Cows—Lean 85-90%1,29266.81/cwt66.00–67.5086312
Cows—Boner 80-85%1,37264.75/cwt62.50–65.5088826
Cows—Breaker 75-80%1,37868.00/cwt68.00–68.009372
Cows—Boner 80-85%1,42257.25/cwt54.00–60.008146
Cows—Boner 80-85%1,48868.34/cwt66.00–71.001,01712
Replacement Cattle · Cow-Calf Pairs7 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,3411,510.00/cwt1,510.00–1,510.0020,2499
Cow-Calf Pairs—Medium and Large 11,4021,475.00/cwt1,475.00–1,475.0020,6803
Cow-Calf Pairs—Medium and Large 11,4031,600.00/cwt1,600.00–1,600.0022,44813
Cow-Calf Pairs—Medium and Large 11,4511,625.00/cwt1,625.00–1,625.0023,5795
Cow-Calf Pairs—Medium and Large 11,5241,625.00/cwt1,625.00–1,625.0024,7655
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,6051,387.20/cwt1,350.00–1,425.0022,2656
Cow-Calf Pairs—Medium and Large 11,7551,400.00/cwt1,400.00–1,400.0024,5702
Replacement Cattle · Heifer Pairs1 lot · lightest first
Heifer Pairs—Medium and Large 11,2661,696.24/cwt1,575.00–1,900.0021,47426
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 11,09779.03/cwt65.50–95.5086786
Stock Cows—Medium and Large 1Thin Fleshed1,11758.06/cwt52.00–61.0064923
Stock Cows—Medium and Large 1Thin Fleshed1,17062.93/cwt59.00–64.007369
Stock Cows—Medium and Large 11,21269.04/cwt61.00–84.50837170
Stock Cows—Medium and Large 1Thin Fleshed1,22262.67/cwt57.00–63.5076625
Stock Cows—Medium and Large 11,33862.82/cwt59.00–66.5084167
Stock Cows—Medium and Large 11,45766.55/cwt58.00–71.00970230
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,3421,100.00/cwt1,100.00–1,100.0014,7623

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.