Sale reports / Montana / Public Auction Yards / 2021-09-08

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Sep 8
● Final71 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
582 head
▼ 1,264 vs last sale 1,846▲ 315 vs year ago 267 · +118.0%
Slaughter Cattle receipts
435 head
▲ 2 vs last sale 433▲ 344 vs year ago 91 · +378.0%
Replacement Cattle receipts
516 head
▲ 234 vs last sale 282▲ 387 vs year ago 129 · +300.0%
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Reporter comment USDA

As filed

Compared to last week: Yearling steers were scarcely traded this week so no trend is available. Steer calves sold unevenly steady in a very narrow comparison. Yearling heifers were too lightly tested to to develop an accurate market trend, however steady undertones were noticed on heifers under 850 lbs and lower undertones were noticed on heifers over 850 lbs. Quality this week was mostly plain to average for all feeder cattle on offer. CME positions have been in decline over the past week and a half. Today the September contract closed 0.225 lower at 156.05, while the October closed 0.775 lower at 159.275. Market activity was mostly moderate this week. Weigh up cows sold on moderate demand and offerings. Packer buyers continue to show light demand for slaughter cows, however competition from feeding and replacement buyers pushed all cows slightly higher this week. Slaughter cows sold mostly 3.00 higher on breaking cows, while boning and lean cows sold steady to 1.00 higher. Feeding cow buyers showed the strongest demand for cows this week as farmers chopping silage are starting to wrap up in the Midwest and farmer feeders are looking for was to use their soft feed. Feeding cows sold mostly 1.00-5.00 higher. Slaughter bulls sold generally steady, however strong feeding demand helped this market trade near steady. Both cow and bull yields remain seasonally low as ranchers are mostly pulling calves right off the cow. Cows were also very full today as many cows were filling up on clean fresh water and feed after being out on pasture and range. Weigh up conditions were below average. Young age cows and other replacement cows sold on moderate to good demand. These offerings sold near steady on like quality cattle. Quality overall was not as attractive as last week.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $160.03/cwt on 271 head.
Average price
$160.03
271 head · 625 lb average
Value per head Derived
$1,001
Price × average weight ÷ 100
Grade differential Derived
−$902
per head · Medium 1-2 over Large 1
$55.92/cwt at this weight
vs the market
+3.26
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1-2252188.0047419thin
Medium and Large 1594162.36964212
Medium and Large 1-2718142.501,0249thin
Large 11,042132.081,37631
One grade step is worth $55.92/cwt here — about −$902 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 sale271 hd
160.03
—
MT average3 barns · 969 hd
156.77
+3.26
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—Average1,69582.191,39358
CowsBreaker 75-80%Average1,62377.001,25023
CowsBoner 80-85%Low1,38461.8085595
CowsLean 85-90%Very Low1,19054.17645217

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 · Steers12 lots · lightest first
Steers—Medium 1-2Unweaned242204.00/cwt204.00–204.004948
Steers—Medium 1-2Unweaned274202.50/cwt202.50–202.5055512
Steers—Medium 1-2Unweaned302182.50/cwt182.50–182.5055138
Steers—Medium and Large 1Unweaned356215.89/cwt215.00–216.007699
Steers—Medium and Large 1-2Unweaned369182.50/cwt182.50–182.506736
Steers—Medium and Large 1Unweaned434191.59/cwt190.00–196.0083222
Steers—Medium and Large 1Unweaned454187.50/cwt187.50–187.5085118
Steers—Medium and Large 1-2Unweaned465173.00/cwt173.00–173.008042
Steers—Medium and Large 1Unweaned519175.78/cwt172.00–177.0091248
Steers—Medium and Large 1Unweaned564165.58/cwt160.00–166.5093414
Steers—Medium and Large 1Unweaned687159.50/cwt159.50–159.501,0963
Steers—Large 1Fleshy1,063128.00/cwt128.00–128.001,3613
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium 1-2Unweaned252188.00/cwt188.00–188.0047419
Heifers—Medium and Large 1Unweaned296191.00/cwt191.00–191.005654
Heifers—Medium and Large 1Unweaned310186.00/cwt186.00–186.0057739
Heifers—Medium and Large 1-2Unweaned368150.00/cwt150.00–150.005522
Heifers—Medium and Large 1Unweaned387183.25/cwt182.00–183.5070915
Heifers—Medium and Large 1Unweaned411178.60/cwt171.00–180.0073419
Heifers—Medium and Large 1Unweaned487164.16/cwt163.50–168.0079944
Heifers—Medium and Large 1Unweaned526157.00/cwt157.00–157.008265
Heifers—Medium and Large 1Unweaned571151.30/cwt148.50–154.008646
Heifers—Medium and Large 1-2735149.00/cwt149.00–149.001,0952
Heifers—Medium and Large 1781153.37/cwt149.00–155.501,19817
Heifers—Medium and Large 1-2803143.50/cwt143.50–143.501,1523
Heifers—Medium and Large 1830148.50/cwt148.50–148.501,2334
Heifers—Medium and Large 1873143.73/cwt141.00–145.251,25522
Heifers—Medium and Large 1-2925127.00/cwt127.00–127.001,1752
Heifers—Medium and Large 1940136.75/cwt136.75–136.751,28517
Heifers—Medium and Large 1988134.00/cwt134.00–134.001,32417
Heifers—Medium and Large 1Full990126.00/cwt126.00–126.001,2473
Heifers—Large 11,029133.15/cwt132.50–133.251,37023
Heifers—Large 1Fleshy1,038130.50/cwt130.50–130.501,3552
Heifers—Large 11,060131.50/cwt131.50–131.501,3942
Heifers—Large 11,106127.00/cwt127.00–127.001,4054
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1Unweaned485163.00/cwt163.00–163.007912
Bulls—Large 11,087107.66/cwt106.00–111.001,1703
Bulls—Large 11,188103.00/cwt103.00–103.001,2243
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,21577.00/cwt77.00–77.009361
Bulls——Return to Feed1,56475.28/cwt72.00–78.001,17714
Bulls——1,57877.15/cwt71.00–80.001,2178
Bulls——Return to Feed1,70884.48/cwt82.00–88.501,44315
Bulls——1,72885.10/cwt82.50–88.501,47112
Bulls——2,02691.30/cwt88.50–94.001,8508
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight79542.00/cwt42.00–42.003341
Cows—Lean 85-90%Light Weight95062.00/cwt62.00–62.005891
Cows—Lean 85-90%Light Weight95247.50/cwt45.00–48.004525
Cows—Lean 85-90%1,06245.08/cwt42.00–47.5047914
Cows—Lean 85-90%Return to Feed1,19153.79/cwt49.00–57.0064192
Cows—Lean 85-90%1,21156.24/cwt56.00–59.0068134
Cows—Lean 85-90%1,21752.50/cwt50.00–55.0063927
Cows—Lean 85-90%Return to Feed1,23958.24/cwt56.00–63.0072243
Cows—Boner 80-85%Return to Feed1,35757.42/cwt53.00–61.0077932
Cows—Boner 80-85%Return to Feed1,37264.20/cwt63.00–67.0088140
Cows—Boner 80-85%1,37556.28/cwt54.00–57.5077411
Cows—Boner 80-85%1,46261.24/cwt58.00–63.008955
Cows—Boner 80-85%Return to Feed1,53277.13/cwt74.00–79.001,1827
Cows—Breaker 75-80%1,61476.55/cwt75.00–78.001,23613
Cows—Breaker 75-80%Return to Feed1,61975.00/cwt75.00–75.001,2144
Cows—Breaker 75-80%1,64481.99/cwt79.00–84.501,3485
Cows—Breaker 75-80%1,65566.00/cwt66.00–66.001,0921
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed85553.00/cwt53.00–53.004531
Stock Cows—Medium and Large 11,00584.38/cwt72.00–94.5084850
Stock Cows—Medium and Large 1-21,04369.99/cwt65.00–74.007303
Stock Cows—Medium and Large 11,06268.28/cwt59.00–78.0072511
Stock Cows—Medium and Large 11,24657.17/cwt53.00–58.5071242
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 1Non-Legible BANGS1,018950.00/cwt950.00–950.009,67119
Bred Cows—Medium and Large 1Non-Legible BANGS1,121810.00/cwt810.00–810.009,0808
Bred Cows—Medium and Large 1Thin Fleshed1,20650.50/cwt50.50–50.5060933
Bred Cows—Medium and Large 11,236848.66/cwt835.00–860.0010,48968
Bred Cows—Medium and Large 11,2801,200.45/cwt1,075.00–1,225.0015,36647
Bred Cows—Medium and Large 1Broken Mouth1,30156.84/cwt53.00–59.00739234

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.