Sale reports / Montana / Public Auction Yards / 2021-05-26

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 26
● Final63 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
190 head
▲ 19 vs last sale 171▲ 190 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
702 head
▲ 134 vs last sale 568▲ 702 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
399 head
▲ 235 vs last sale 164▲ 399 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed on steers and heifers. Feeder cattle quality was mostly average today. A few fall calves were offered today and these offerings sold with little to no discount to long weaned yearlings. These offerings were average to attractive. CME positions were lower today but remain higher than last week giving some support to the market. Corn prices were sharply lower yesterday but traded 0.04'4 to 0.06 higher today on July-Dec contracts. The near-by July contract is down 0.3375 since last Wednesday. Market activity was mostly moderate today with more participants bidding on offerings. Weigh up cows comprised the majority of the the sale this week. Packers opted to send the majority of the offering to feed this week. Cow quality was average to attractive and significantly higher than last week. Despite heavy cow supplies packers continue to fight over market share and pushed cows higher today. Slaughter cows sold steady to 1.00 higher on boning and lean cows, breaking cows sold mostly 2.00-3.00 higher. Feeding cows sold mostly 1.00-2.00 higher. Packers opted to send a portion of the cows they would normally send to slaughter to short term feed. Demand for ground beef continues to be very good and the cutter cow cutout continues to inch higher. The cutter cow cutout as of todays close was 210.51, 0.85 higher than yesterdays value. Slaughter volumes remain elevated as packers are slaughtering large volumes of cows and bulls due to high cull volumes in the Northern Plains. Weigh up conditions were mostly average this week, however weigh conditions were significantly higher than last week. Young age cows sold mostly steady to 5.00 higher this week pushed mostly by rebreed buyers searching for high quality offerings. Feeding quality offerings sold mostly steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $143.36/cwt on 74 head.
Average price
$143.36
74 head · 582 lb average
Value per head Derived
$834
Price × average weight ÷ 100
Grade differential Derived
$102
per head · Medium and Large 1-2 over Medium 1-2
$5.00/cwt at this weight
vs the market
+5.28
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2483145.007019thin
Medium and Large 1612143.4587859
Medium 1-2428140.005996thin
One grade step is worth $5.00/cwt here — about $102 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 sale74 hd
143.36
—
MT average3 barns · 246 hd
138.07
+5.28
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—Average1,77089.911,591117
CowsBreaker 75-80%Average1,60168.721,10143
CowsBoner 80-85%High1,40964.84914185
CowsLean 85-90%Very Low1,21559.86727297

Every lot

63 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 · Steers7 lots · lightest first
Steers—Medium and Large 1Unweaned446156.54/cwt150.00–162.5069823
Steers—Medium and Large 1Unweaned566180.00/cwt180.00–180.001,01916
Steers—Medium and Large 1567181.66/cwt179.00–183.001,0303
Steers—Medium and Large 1613178.00/cwt178.00–178.001,0916
Steers—Medium and Large 1-2743137.00/cwt137.00–137.001,0183
Steers—Medium and Large 1753148.00/cwt148.00–148.001,1144
Steers—Medium and Large 1-2819116.68/cwt116.00–118.009563
Feeder Cattle · Heifers10 lots · lightest first
Heifers—Medium and Large 1Unweaned416157.50/cwt157.50–157.506554
Heifers—Medium 1-2428140.00/cwt140.00–140.005996
Heifers—Medium and Large 1-2450145.00/cwt145.00–145.006533
Heifers—Medium and Large 1-2500145.00/cwt145.00–145.007256
Heifers—Medium and Large 1Unweaned503146.00/cwt146.00–146.007349
Heifers—Medium and Large 1539154.08/cwt150.00–156.008306
Heifers—Medium and Large 1564157.68/cwt151.00–160.008898
Heifers—Medium and Large 1600147.00/cwt147.00–147.008822
Heifers—Medium and Large 1663141.00/cwt141.00–141.009356
Heifers—Medium and Large 1709133.06/cwt129.00–138.0094324
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 180250.00/cwt250.00–250.002002
Bulls—Medium and Large 1-2837100.00/cwt100.00–100.008373
Bulls—Medium and Large 1986102.86/cwt102.00–103.001,0147
Bulls—Large 11,015105.00/cwt105.00–105.001,0662
Bulls—Large 11,09599.00/cwt99.00–99.001,0842
Bulls—Large 11,13595.00/cwt95.00–95.001,07817
Bulls—Large 11,16799.33/cwt99.00–101.001,1596
Bulls—Large 11,21094.00/cwt94.00–94.001,1372
Bulls—Large 11,29593.00/cwt93.00–93.001,2044
Feeder Cattle · Dairy Steers1 lot · lightest first
Dairy Steers—Large 31,05060.00/cwt60.00–60.006302
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Return to Feed1,45477.19/cwt74.50–82.001,1227
Bulls——Return to Feed1,48887.97/cwt84.00–89.501,3095
Bulls——1,65177.32/cwt74.25–83.501,27723
Bulls——Natural1,76292.90/cwt88.00–95.001,63715
Bulls——1,79087.08/cwt81.00–90.501,55915
Bulls——Natural1,84998.05/cwt97.50–99.001,81340
Bulls——2,02194.98/cwt93.50–98.001,92012
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight87060.00/cwt60.00–60.005221
Cows—Lean 85-90%Light Weight94352.67/cwt52.00–54.004976
Cows—Lean 85-90%1,13548.48/cwt42.00–50.505504
Cows—Lean 85-90%1,14070.01/cwt66.00–72.007983
Cows—Lean 85-90%Return to Feed1,18057.97/cwt54.00–62.0068458
Cows—Lean 85-90%1,20057.11/cwt52.00–62.0068582
Cows—Lean 85-90%1,22462.80/cwt60.50–66.0076912
Cows—Lean 85-90%Return to Feed1,25762.47/cwt60.00–66.50785128
Cows—Lean 85-90%Return to Feed1,27067.66/cwt67.00–68.008593
Cows—Boner 80-85%Return to Feed1,34159.37/cwt57.00–62.0079618
Cows—Boner 80-85%1,37556.46/cwt53.00–62.507765
Cows—Boner 80-85%Return to Feed1,41165.02/cwt62.00–67.50917105
Cows—Boner 80-85%Return to Feed1,42270.59/cwt69.00–73.501,00425
Cows—Boner 80-85%1,42463.53/cwt62.00–66.0090529
Cows—Breaker 75-80%Return to Feed1,51269.15/cwt68.50–71.001,04611
Cows—Boner 80-85%1,53570.38/cwt69.00–71.001,0803
Cows—Breaker 75-80%Return to Feed1,57564.28/cwt63.50–65.001,0124
Cows—Breaker 75-80%1,62065.05/cwt65.00–65.501,0549
Cows—Breaker 75-80%1,63370.23/cwt68.00–72.001,14715
Cows—Breaker 75-80%1,71474.61/cwt74.00–75.501,2794
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,1181,090.87/cwt1,075.00–1,100.0012,1963
Bred Cows—Medium and Large 11,48262.24/cwt58.00–64.0092210
Bred Cows—Medium and Large 11,52069.00/cwt69.00–69.001,0491
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed76080.00/cwt80.00–80.006083
Stock Cows—Medium and Large 1-280175.63/cwt60.00–84.0060648
Stock Cows—Medium and Large 1-285864.59/cwt57.50–73.005542
Stock Cows—Medium and Large 197191.35/cwt70.00–110.00887178
Stock Cows—Medium and Large 11,14672.40/cwt58.00–86.0083090
Stock Cows—Medium and Large 1Thin Fleshed1,14859.00/cwt59.00–59.006772

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.