Sale reports / Montana / Public Auction Yards / 2020-10-21

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Oct 21
● Final62 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
860 head
▲ 252 vs last sale 608▼ 56 vs year ago 916 · −6.1%
Slaughter Cattle receipts
635 head
▼ 67 vs last sale 702▲ 59 vs year ago 576 · +10.2%
Replacement Cattle receipts
417 head
▲ 145 vs last sale 272▼ 583 vs year ago 1,000 · −58.3%
View

Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were too lightly tested to develop any market trend. Unweaned steer calves under 450 lbs sold with steady undertones. 450-599 lbs steers sold mostly 10.00 lower in a narrow comparison. All other weights of steer calves were too lightly tested to trend. Unweaned heifer calves under 450 lbs sold with steady to firm undertones, 450-649 lbs heifers sold mostly 3.00-5.00 lower. All other weights of heifers were too lightly tested to develop an any market trend. Quality this week was average to attractive. Demand was mostly light to moderate. Lower calf prices are reflective of lower CME positions as contracts have fallen sharply over the last week. Calves continue to be in light flesh as many are coming out of dry country. Market activity this week was slow to moderate. Weigh up cows sold on mostly light to moderate demand for moderate offerings. Snow and muddy conditions have made it difficult to get offerings to town as many locations saw up to a foot or more snow this past weekend. Packers showed slightly stronger demand this sale for both feeding cows as well as slaughter cows. Slaughter cows sold 1.00-3.00 higher on boning and lean cows breaking cows were too lightly tested to develop any market trend. Feeding cows sold mostly 1.00-3.00 higher as packers pushed feeding buyers to try to secure offerings. Slaughter bulls were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Feeding buyers showed moderate to good demand for sound bulls that would feed.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $130.60/cwt on 368 head.
Average price
$130.60
368 head · 592 lb average
Value per head Derived
$773
Price × average weight ÷ 100
Grade differential Derived
−$452
per head · Medium and Large 1 over Large 1
$14.65/cwt at this weight
vs the market
−9.95
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1583131.57767310
Medium and Large 1-2450129.6858437
Medium 1787121.009525thin
Large 11,042116.921,21816thin
One grade step is worth $14.65/cwt here — about −$452 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 sale368 hd
130.60
—
MT average5 barns · 4,597 hd
140.55
−9.95
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—High1,68478.391,32026
CowsBreaker 75-80%Average1,59767.751,08248
CowsBoner 80-85%Average1,38857.96805197
CowsLean 85-90%Average1,22248.74596199

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 · Steers14 lots · lightest first
Steers—Medium and Large 2Unweaned320175.00/cwt175.00–175.005604
Steers—Medium and Large 1Unweaned332199.03/cwt192.50–202.506613
Steers—Medium and Large 1Unweaned417174.53/cwt172.50–187.5072823
Steers—Medium and Large 2Unweaned445151.00/cwt151.00–151.006724
Steers—Medium and Large 1Unweaned475147.49/cwt146.00–148.5070164
Steers—Medium and Large 1Unweaned518140.70/cwt138.50–144.0072926
Steers—Medium and Large 1-2Unweaned526131.20/cwt127.00–135.006907
Steers—Medium and Large 1Unweaned566136.74/cwt132.00–139.0077458
Steers—Medium and Large 1Unweaned615134.47/cwt130.00–135.5082726
Steers—Medium and Large 1-2Unweaned617126.00/cwt126.00–126.007773
Steers—Medium and Large 1Unweaned666135.47/cwt133.00–138.0090240
Steers—Medium and Large 1-2745129.00/cwt129.00–129.009613
Steers—Medium and Large 1-2813125.00/cwt125.00–125.001,0164
Steers—Medium and Large 1-2878123.50/cwt123.50–123.501,0842
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1Unweaned385149.22/cwt148.00–150.5057414
Heifers—Medium and Large 1-2Unweaned392144.00/cwt144.00–144.005647
Heifers—Medium and Large 1Unweaned402140.00/cwt140.00–140.005633
Heifers—Medium and Large 1-2Unweaned439136.00/cwt136.00–136.005977
Heifers—Medium and Large 1Unweaned466136.15/cwt131.50–140.0063484
Heifers—Medium and Large 1-2Unweaned467124.11/cwt121.00–129.0058021
Heifers—Medium and Large 1Unweaned520130.15/cwt125.00–133.0067760
Heifers—Medium and Large 1-2Unweaned520116.00/cwt116.00–116.006032
Heifers—Medium and Large 1Unweaned555133.50/cwt133.50–133.5074157
Heifers—Medium and Large 1Unweaned621125.20/cwt122.50–126.7577741
Heifers—Medium and Large 1Unweaned728117.00/cwt117.00–117.008522
Heifers—Medium 1787121.00/cwt121.00–121.009525
Heifers—Medium and Large 1905125.02/cwt121.00–125.501,13138
Heifers—Medium and Large 1977118.64/cwt118.50–119.001,15911
Heifers—Large 11,042116.92/cwt115.50–117.251,21816
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,24373.42/cwt72.50–74.009133
Bulls——Return to Feed1,38780.87/cwt80.00–82.001,1226
Bulls——Return to Feed1,67584.00/cwt84.00–84.001,4072
Bulls——1,86869.61/cwt65.00–74.001,3003
Bulls——1,87478.77/cwt76.00–80.001,47610
Bulls——2,02384.00/cwt84.00–84.001,6992
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%1,03337.39/cwt30.00–42.0038617
Cows—Lean 85-90%Return to Feed1,15347.69/cwt45.00–52.0055050
Cows—Lean 85-90%Return to Feed1,24752.75/cwt51.75–58.0065854
Cows—Lean 85-90%Return to Feed1,26068.14/cwt65.00–71.008592
Cows—Lean 85-90%1,28850.63/cwt49.00–55.0065238
Cows—Lean 85-90%1,29346.58/cwt45.00–48.0060238
Cows—Boner 80-85%Return to Feed1,34358.70/cwt53.00–63.5078869
Cows—Boner 80-85%Return to Feed1,37151.33/cwt49.00–52.0070426
Cows—Boner 80-85%Return to Feed1,39466.82/cwt64.00–72.0093149
Cows—Boner 80-85%1,43053.82/cwt52.00–56.5077026
Cows—Boner 80-85%1,46348.63/cwt46.50–51.5071122
Cows—Boner 80-85%1,48045.00/cwt45.00–45.006661
Cows—Boner 80-85%1,50461.05/cwt58.00–69.509184
Cows—Breaker 75-80%Return to Feed1,55462.98/cwt54.00–64.0097914
Cows—Breaker 75-80%Return to Feed1,60368.95/cwt65.00–71.001,10522
Cows—Breaker 75-80%Return to Feed1,62872.30/cwt70.50–74.501,17711
Cows—Breaker 75-80%1,73558.00/cwt58.00–58.001,0061
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 199584.14/cwt65.00–99.00837122
Stock Cows—Medium and Large 1Thin Fleshed1,06051.96/cwt51.00–53.005512
Stock Cows—Medium and Large 11,09167.40/cwt57.00–84.0073547
Stock Cows—Large 11,22563.00/cwt63.00–63.007722
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 11,147775.00/cwt775.00–775.008,8897
Bred Cows—Medium and Large 11,2021,012.47/cwt1,000.00–1,025.0012,17047
Bred Cows—Medium and Large 11,206750.00/cwt750.00–750.009,0454
Bred Cows—Medium and Large 11,215788.94/cwt750.00–825.009,58625
Bred Cows—Medium and Large 11,387791.59/cwt750.00–835.0010,97913
Bred Cows—Medium and Large 1Broken Mouth1,39253.15/cwt52.00–56.0074025

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.