Sale reports / Montana / Public Auction Yards / 2021-05-05

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 5
● Final50 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
348 head
▲ 104 vs last sale 244▲ 124 vs year ago 224 · +55.4%
Slaughter Cattle receipts
389 head
▼ 109 vs last sale 498▲ 192 vs year ago 197 · +97.5%
Replacement Cattle receipts
143 head
▼ 148 vs last sale 291▼ 41 vs year ago 184 · −22.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested to develop an accurate market trend, however lower undertones were noticed on all offerings. Feeder cattle quality was mostly plain to average today. Demand was mostly light for light offerings. Corn and other feeds continue to trade higher. The May corn contract closed today at 754'2, while new crop December corn closed at 604'6. Feeder cattle contracts have fallen sharply since last week as corn and soybeans continue to push new contract highs. Buyers showed significantly lighter demand for feeder cattle this week as a result. Market activity this week was slow. Weigh up cows sold on mostly light to moderate demand for moderate offerings. Slaughter cows sold mostly 1.00 lower on breaking cows, and 3.00-5.00 lower on boning and lean cows. Heavy supplies are starting to be seen as drought conditions have ranchers marketing cows. Cow quality was mostly plain to average today with many thin and lower dressing cows in the offering. Feeding cows sold steady to 1.00 lower. Demand for feeding cows remains mostly moderate, with good demand seen at times for young age high quality cows. Weigh up conditions were mostly below average today as many full cows and bulls were on offer. Slaughter bulls sold steady to 2.00 lower. Young age cows suitable to feed or rebreed sold mostly 5.00 lower. Feeding demand for these offerings has diminished drastically as feed costs have risen.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $137.34/cwt on 98 head.
Average price
$137.34
98 head · 628 lb average
Value per head Derived
$862
Price × average weight ÷ 100
Grade differential Derived
−$145
per head · Medium and Large 1-2 over Medium and Large 1
$1.31/cwt at this weight
vs the market
−3.39
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2545138.3175425
Medium and Large 1656137.0089973
One grade step is worth $1.31/cwt here — about −$145 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 sale98 hd
137.34
—
MT average3 barns · 2,167 hd
140.73
−3.39
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—Average1,65182.331,36038
CowsBreaker 75-80%Average1,65165.531,08120
CowsBoner 80-85%Low1,44362.9690999
CowsLean 85-90%Average1,18356.61670162

Every lot

50 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 · Steers10 lots · lightest first
Steers—Medium and Large 1-2468162.00/cwt162.00–162.007584
Steers—Medium and Large 1543165.00/cwt165.00–165.008963
Steers—Medium and Large 1563160.00/cwt160.00–160.009016
Steers—Medium and Large 1-2600148.00/cwt148.00–148.008882
Steers—Medium and Large 1638152.16/cwt150.00–156.0097127
Steers—Medium and Large 1687144.32/cwt139.00–147.009916
Steers—Medium and Large 1727135.01/cwt134.50–136.0098223
Steers—Medium and Large 1-2810117.00/cwt117.00–117.009483
Steers—Medium and Large 1822120.50/cwt120.50–120.509915
Steers—Medium and Large 1Fleshy918114.00/cwt114.00–114.001,0475
Feeder Cattle · Heifers10 lots · lightest first
Heifers—Medium and Large 1-2427135.00/cwt135.00–135.005763
Heifers—Medium and Large 1-2486142.00/cwt142.00–142.006906
Heifers—Medium and Large 1556150.87/cwt150.00–151.0083915
Heifers—Medium and Large 1-2579140.07/cwt130.00–142.0081112
Heifers—Medium and Large 1-2621130.00/cwt130.00–130.008074
Heifers—Medium and Large 1630139.45/cwt133.00–140.5087921
Heifers—Medium and Large 1669138.34/cwt134.00–139.5092523
Heifers—Medium and Large 1725126.55/cwt125.00–129.009175
Heifers—Medium and Large 1Full810109.00/cwt109.00–109.008832
Heifers—Medium and Large 1811111.00/cwt111.00–111.009007
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 170250.00/cwt225.00–275.001752
Bulls—Medium and Large 1-2480133.80/cwt132.50–135.0064210
Bulls—Medium and Large 1-2515128.00/cwt128.00–128.006597
Bulls—Medium and Large 1-2596128.00/cwt128.00–128.007637
Bulls—Medium and Large 1-2708117.00/cwt117.00–117.008284
Bulls—Medium and Large 1917108.00/cwt108.00–108.009903
Bulls—Medium and Large 1955105.50/cwt105.50–105.501,0081
Bulls—Large 11,12593.00/cwt93.00–93.001,0461
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,25577.08/cwt74.00–82.009677
Bulls——1,54079.00/cwt79.00–79.001,2171
Bulls——1,62577.34/cwt73.00–82.001,25713
Bulls——1,81287.01/cwt83.00–91.001,57714
Bulls——1,97895.52/cwt95.00–96.001,8893
Slaughter Cattle · Cows12 lots · lightest first
Cows—Lean 85-90%Light Weight98853.38/cwt52.50–56.005274
Cows—Lean 85-90%1,16854.73/cwt47.00–57.5063946
Cows—Lean 85-90%Return to Feed1,18255.34/cwt52.00–61.5065468
Cows—Lean 85-90%1,21359.01/cwt57.00–64.5071632
Cows—Lean 85-90%Return to Feed1,23465.69/cwt62.00–68.0081112
Cows—Boner 80-85%1,39063.00/cwt63.00–63.008762
Cows—Boner 80-85%Return to Feed1,40471.33/cwt69.50–72.501,00111
Cows—Boner 80-85%Return to Feed1,43366.42/cwt64.00–68.5095233
Cows—Boner 80-85%1,45557.94/cwt53.00–62.5084333
Cows—Boner 80-85%Return to Feed1,46760.94/cwt57.00–63.0089420
Cows—Breaker 75-80%1,61667.76/cwt66.50–69.501,09510
Cows—Breaker 75-80%1,68563.29/cwt62.00–65.001,06610
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,28393.59/cwt92.00–101.001,2015
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-288586.00/cwt86.00–86.007611
Stock Cows—Medium and Large 198789.67/cwt80.00–104.0088582
Stock Cows—Medium and Large 11,12773.76/cwt63.00–85.5083132
Stock Cows—Medium and Large 1-21,22062.00/cwt62.00–62.007561

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.