Sale reports / Montana / Public Auction Yards / 2021-04-07

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Apr 7
● Final52 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
298 head
▲ 81 vs last sale 217▲ 123 vs year ago 175 · +70.3%
Slaughter Cattle receipts
374 head
▼ 28 vs last sale 402▲ 329 vs year ago 45 · +731.1%
Replacement Cattle receipts
114 head
▼ 102 vs last sale 216▼ 69 vs year ago 183 · −37.7%
View

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 undertones. Quality this week was mostly plain to average and lower than last week. Demand was mostly moderate for light offerings. Light supplies limited demand this week as buyers were hesitant on starting loads with such light offerings. CME positions moved higher today as cattle started to trade in the country. CME Feeder cattle futures traded up 1.15 on the April contract to settle at 147.625. The May closed at 152.675, 0.90 higher. Market activity was mostly moderate. Weigh up cows sold on mostly good to very good demand again this week. Packers continue to be very aggressive as they push to obtain the majority of the market share. Slaughter cows sold mostly 2.00-3.00 higher on breaking and boning cows, while lean cows showed the greatest advance selling 3.00-5.00 higher. Feeding buyers showed good demand for cows as well. Feeding cows sold mostly 1.00-3.00 higher. Cow weigh conditions were mixed this sale. Slaughter bulls sold mostly 2.00 higher. Young age cows suitable to feed or rebreed sold generally steady. Demand was good for cows to feed or rebreed again this week. Quality was mostly average to attractive.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $163.64/cwt on 120 head.
Average price
$163.64
120 head · 499 lb average
Value per head Derived
$817
Price × average weight ÷ 100
Grade differential Derived
$77
per head · Medium and Large 1 over Medium and Large 1-2
$6.87/cwt at this weight
vs the market
+9.28
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1500163.87819116
Medium and Large 1-2473157.007434thin
One grade step is worth $6.87/cwt here — about $77 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 sale120 hd
163.64
—
MT average3 barns · 3,925 hd
154.36
+9.28
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—Average1,80987.561,58438
CowsPremium White 65-75%Average1,55072.491,12461
CowsBreaker 75-80%High1,53671.691,10270
CowsBoner 80-85%Low1,43068.3897891
CowsLean 85-90%Average1,16767.5678973

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 · Steers8 lots · lightest first
Steers—Medium and Large 1-2313205.00/cwt205.00–205.0064222
Steers—Medium and Large 1-2355192.50/cwt192.50–192.506832
Steers—Medium and Large 1Thin Fleshed374214.77/cwt211.00–215.5080319
Steers—Medium and Large 1Thin Fleshed421214.00/cwt214.00–214.0090135
Steers—Medium and Large 1Unweaned465180.00/cwt180.00–180.008372
Steers—Medium and Large 1517180.77/cwt179.00–187.009359
Steers—Medium and Large 1582168.61/cwt166.00–169.0098115
Steers—Medium and Large 1748140.00/cwt140.00–140.001,0472
Feeder Cattle · Heifers10 lots · lightest first
Heifers—Medium and Large 1Thin Fleshed332180.00/cwt180.00–180.0059823
Heifers—Medium and Large 1Thin Fleshed426175.87/cwt175.75–177.0074939
Heifers—Medium and Large 1460167.56/cwt166.00–168.007719
Heifers—Medium and Large 1-2473157.00/cwt157.00–157.007434
Heifers—Medium and Large 1519164.18/cwt160.00–167.008525
Heifers—Medium and Large 1580154.00/cwt154.00–154.008934
Heifers—Medium and Large 1607150.50/cwt150.50–150.5091418
Heifers—Medium and Large 1685139.00/cwt139.00–139.009523
Heifers—Medium and Large 1715136.00/cwt136.00–136.009723
Heifers—Medium and Large 1797127.54/cwt127.50–128.001,01612
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Large 1805120.00/cwt120.00–120.009662
Bulls—Medium and Large 1843121.00/cwt121.00–121.001,0203
Bulls—Large 11,128114.00/cwt114.00–114.001,2868
Bulls—Large 11,155108.00/cwt108.00–108.001,2473
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,21388.74/cwt88.50–89.001,0762
Bulls——Return to Feed1,27383.29/cwt82.00–86.001,0603
Bulls——1,56977.72/cwt74.00–85.001,21910
Bulls——1,82580.00/cwt80.00–80.001,4601
Bulls——1,98990.87/cwt86.00–94.001,80714
Bulls——2,14196.34/cwt95.00–97.002,0638
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight93857.49/cwt57.00–58.005392
Cows—Lean 85-90%Return to Feed1,12466.04/cwt63.00–68.0074216
Cows—Lean 85-90%Return to Feed1,13873.75/cwt72.00–75.008395
Cows—Lean 85-90%Return to Feed1,14768.85/cwt68.00–71.0079020
Cows—Lean 85-90%1,20056.36/cwt55.00–57.006763
Cows—Lean 85-90%1,20769.34/cwt68.00–71.0083718
Cows—Lean 85-90%1,24872.50/cwt71.00–74.009052
Cows—Lean 85-90%1,27264.65/cwt62.50–66.008227
Cows—Boner 80-85%Return to Feed1,36573.00/cwt73.00–73.009961
Cows—Boner 80-85%1,37572.00/cwt72.00–72.009901
Cows—Premium White 65-75%1,38071.00/cwt71.00–71.009801
Cows—Boner 80-85%Return to Feed1,41865.94/cwt61.00–68.5093513
Cows—Boner 80-85%Return to Feed1,42469.61/cwt68.00–71.0099131
Cows—Boner 80-85%1,43765.89/cwt64.00–67.0094714
Cows—Boner 80-85%1,44169.03/cwt68.00–71.0099531
Cows—Breaker 75-80%Return to Feed1,48066.00/cwt66.00–66.009771
Cows—Breaker 75-80%Return to Feed1,48973.04/cwt73.00–73.501,08851
Cows—Premium White 65-75%1,55372.51/cwt72.00–73.501,12660
Cows—Breaker 75-80%1,66465.54/cwt64.00–68.501,0918
Cows—Breaker 75-80%1,68270.32/cwt69.00–72.501,18310
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed76590.00/cwt90.00–90.006891
Stock Cows—Medium and Large 11,06698.30/cwt83.50–111.501,04882
Stock Cows—Medium and Large 1-21,09587.00/cwt87.00–87.009532
Stock Cows—Medium and Large 11,18675.92/cwt65.50–95.0090012

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.