Sale reports / Montana / Public Auction Yards / 2021-03-24

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Mar 24
● Final71 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
446 head
▲ 142 vs last sale 304▲ 281 vs year ago 165 · +170.3%
Slaughter Cattle receipts
254 head
▲ 2 vs last sale 252▼ 49 vs year ago 303 · −16.2%
Replacement Cattle receipts
123 head
▲ 3 vs last sale 120▼ 320 vs year ago 443 · −72.2%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested both this week and last to develop an accurate market trend, however steers and heifers sold with steady to weak undertones. Quality this week was mostly plain to average and overall not as attractive as last week. Demand was light to moderate for light offerings. Limited offerings caused limited demand as some buyers were not willing to start loads as this is the last sale in Billings for the week. CME positions traded higher today as packers paid higher money for fat cattle. Market activity was slow to moderate. Weigh up cows sold on mostly good to very good demand. Feeding buyers were aggressive as they bid against packers over offerings. Packers showed good demand for both slaughter and feeding cows this week. Muddy conditions and some flooding have been reported in locations that saw heavy snow last week. This continues to keep cow supplies tight. Slaughter cows sold 1.00-2.00 higher on breaking and boning cows lean cows sold mostly 2.00-4.00 higher. Feeding cows sold mostly 2.00-4.00 higher on all classes. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Young age cows suitable to feed or rebreed sold steady firm. Quality was mostly average this week.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $145.76/cwt on 195 head.
Average price
$145.76
195 head · 609 lb average
Value per head Derived
$888
Price × average weight ÷ 100
Grade differential Derived
−$168
per head · Medium and Large 1-2 over Medium and Large 1
$3.71/cwt at this weight
vs the market
+1.17
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2503148.8274834
Medium and Large 1632145.11917161
One grade step is worth $3.71/cwt here — about −$168 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 sale195 hd
145.76
—
MT average3 barns · 603 hd
144.58
+1.17
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—High1,89984.851,61233
CowsBoner 80-85%High1,42263.1289781
CowsBreaker 75-80%Average1,59362.6899921
CowsLean 85-90%Average1,19661.7073878

Every lot

71 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 · Steers16 lots · lightest first
Steers—Medium and Large 1442191.43/cwt190.00–195.0084612
Steers—Medium and Large 1-2472172.11/cwt168.00–175.0081228
Steers—Medium and Large 1482178.33/cwt178.00–179.008603
Steers—Medium 1495174.00/cwt174.00–174.008613
Steers—Medium and Large 1519174.65/cwt174.00–176.0090627
Steers—Medium and Large 1-2532172.32/cwt169.00–173.0091712
Steers—Medium and Large 1-2560157.00/cwt157.00–157.008791
Steers—Medium and Large 1567164.72/cwt163.00–165.009347
Steers—Medium and Large 1621162.07/cwt162.00–162.501,00615
Steers—Medium and Large 1-2645149.00/cwt149.00–149.009615
Steers—Medium and Large 1680148.00/cwt148.00–148.001,0063
Steers—Medium and Large 1715143.99/cwt142.50–146.001,03029
Steers—Medium and Large 1830131.00/cwt131.00–131.001,0875
Steers—Medium and Large 1883132.00/cwt132.00–132.001,1664
Steers—Medium and Large 1928128.00/cwt128.00–128.001,1882
Steers—Large 11,104120.00/cwt120.00–120.001,3254
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1388167.50/cwt167.50–167.506504
Heifers—Medium and Large 1-2427157.20/cwt155.00–161.0067119
Heifers—Medium and Large 1-2457155.00/cwt155.00–155.007085
Heifers—Medium and Large 1479166.02/cwt163.00–168.0079522
Heifers—Medium and Large 1517163.15/cwt157.00–167.0084318
Heifers—Medium and Large 1580146.91/cwt146.50–149.008526
Heifers—Medium and Large 1628143.90/cwt139.00–147.0090445
Heifers—Medium and Large 1-2635136.00/cwt136.00–136.008642
Heifers—Medium and Large 1660138.65/cwt136.00–139.009159
Heifers—Medium and Large 1-2679128.26/cwt128.00–129.008718
Heifers—Medium and Large 1706132.50/cwt132.50–132.509357
Heifers—Medium and Large 1754131.43/cwt129.00–131.5099150
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1369195.00/cwt195.00–195.007205
Bulls—Medium and Large 2373135.00/cwt135.00–135.005044
Bulls—Medium and Large 1445177.50/cwt177.50–177.507901
Bulls—Medium and Large 1-2473155.00/cwt155.00–155.0073311
Bulls—Medium and Large 1-2556141.00/cwt141.00–141.007846
Bulls—Medium and Large 1617144.98/cwt143.00–147.008956
Bulls—Medium and Large 1685138.00/cwt138.00–138.009451
Bulls—Large 11,054108.00/cwt108.00–108.001,1384
Bulls—Large 11,14095.00/cwt95.00–95.001,0833
Bulls—Large 11,15095.00/cwt95.00–95.001,0931
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,28570.00/cwt70.00–70.009001
Bulls——Light Weight1,37083.00/cwt83.00–83.001,1371
Bulls——1,79975.65/cwt72.00–78.001,3615
Bulls——1,89485.21/cwt82.00–88.501,61418
Bulls——2,05991.81/cwt89.00–96.001,8907
Bulls——Heavy Weight2,52592.50/cwt92.50–92.502,3361
Slaughter Cattle · Cows19 lots · lightest first
Cows—Lean 85-90%Light Weight97045.00/cwt45.00–45.004371
Cows—Lean 85-90%Light Weight99055.00/cwt55.00–55.005451
Cows—Lean 85-90%Light Weight99865.00/cwt65.00–65.006492
Cows—Lean 85-90%1,03851.49/cwt51.00–52.005342
Cows—Lean 85-90%Return to Feed1,15560.95/cwt53.00–63.0070419
Cows—Lean 85-90%Return to Feed1,17868.68/cwt68.00–69.508092
Cows—Lean 85-90%Return to Feed1,22063.68/cwt63.00–66.0077729
Cows—Lean 85-90%1,24864.46/cwt63.50–65.0080411
Cows—Lean 85-90%1,25657.12/cwt54.00–62.0071711
Cows—Boner 80-85%1,35568.50/cwt68.50–68.509282
Cows—Boner 80-85%Return to Feed1,38261.36/cwt60.00–62.5084814
Cows—Boner 80-85%1,38464.48/cwt63.50–66.5089216
Cows—Boner 80-85%Return to Feed1,39964.49/cwt63.00–66.2590226
Cows—Breaker 75-80%1,47963.75/cwt63.00–65.009437
Cows—Boner 80-85%1,50060.96/cwt55.00–62.5091422
Cows—Boner 80-85%Return to Feed1,57067.00/cwt67.00–67.001,0521
Cows—Breaker 75-80%1,57560.01/cwt59.00–61.009452
Cows—Breaker 75-80%Return to Feed1,60564.69/cwt64.50–65.001,0386
Cows—Breaker 75-80%Return to Feed1,72160.31/cwt57.00–62.001,0386
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 11,1331,250.00/cwt1,250.00–1,250.0014,1634
Bred Cows—Medium and Large 11,1951,100.00/cwt1,100.00–1,100.0013,1452
Bred Cows—Medium and Large 11,3961,228.22/cwt1,200.00–1,275.0017,14621
Bred Cows—Medium and Large 1Broken Mouth1,430975.00/cwt975.00–975.0013,9432
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 11,02691.28/cwt80.00–110.0093735
Stock Cows—Medium and Large 1-21,06182.83/cwt78.00–84.008799
Stock Cows—Medium and Large 11,12873.05/cwt62.00–84.0082421
Stock Cows—Medium and Large 11,17271.00/cwt71.00–71.008326

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.