Sale reports / Montana / Public Auction Yards / 2021-10-20

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Oct 20
● Final84 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
863 head
▲ 662 vs last sale 201▲ 3 vs year ago 860 · +0.3%
Slaughter Cattle receipts
1,804 head
▲ 777 vs last sale 1,027▲ 1,169 vs year ago 635 · +184.1%
Replacement Cattle receipts
770 head
▼ 534 vs last sale 1,304▲ 353 vs year ago 417 · +84.7%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were not well compared as last weeks sale focused mostly on weigh ups and bred cows. Feeder cattle today were of mostly plain quality. Most cattle were offered in very small packages or as singles. A lot of cut back calves off summer videos were seen this week. Not many buyers were on hand this sale as trucks remain very tight. Weigh up cows sold on moderate demand for heavy offerings. An additional packer buyers was on hand this sale and buyers showed stronger demand as they competed over market share. The cutter cow cutout remains seasonally high as demand for ground beef is especially good. The cutter cow cutout was 230.21 as of todays close, 1.61 lower than yesterday. Packers were especially aggressive in buying feeding cows this week pushing them back to price levels seen two weeks ago before prices turned lower. Heavy supplies continue to be seen and packers continue to work through large supplies as cows and bull harvest has been running around 24,000-27,000 head per day nationally. Slaughter cows sold 1.00-3.00 higher on breaking cows, boning cows sold 2.00-4.00 higher, lean cows sold steady to 3.00 higher. Feeding cows sold mostly 2.00-6.00 higher. Cow quality this week was very attractive with many high quality cows selling off reputation ranches. Weigh up conditions were mostly average to below average this week. Weigh conditions overall were more favorable to buyers and buyers bid more aggressively on high quality cows. Cows were mixed for flesh this week, however boning flesh cows continue to sell with the best demand as packers plan on feeding these cows to premium white. Thin feeding cow buyers were active this week to as buyers searched for cows to turn out on corn stalks in the corn belt or hold until the holidays. Buyers looking for ranch tested bred or cows they could test sold on good demand. These buyers were competitive with both packer buyers and other feeding buyers. Slaughter bulls sold steady to firm in a narrow comparison. Young age cows sold mostly 5.00-7.00 lower. Most of these offerings are being purchased for southern fall breeding programs.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $141.18/cwt on 235 head.
Average price
$141.18
235 head · 579 lb average
Value per head Derived
$818
Price × average weight ÷ 100
Grade differential Derived
−$286
per head · Medium 1 over Large 1
$17.39/cwt at this weight
vs the market
−16.26
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1456143.7365536
Medium and Large 1621143.70893143
Large 1-2392140.005498thin
Medium 1-2421136.005736thin
Medium and Large 1-2559134.5775323
Medium and Large 2448130.005826thin
Large 1745126.3594113thin
One grade step is worth $17.39/cwt here — about −$286 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 sale235 hd
141.18
—
MT average4 barns · 5,075 hd
157.43
−16.26
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—Low1,84675.541,39443
CowsBreaker 75-80%Low1,64666.811,10023
CowsBoner 80-85%High1,40958.69827361
CowsLean 85-90%Average1,21847.55579505

Every lot

84 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 1Unweaned276191.00/cwt191.00–191.0052713
Steers—Medium and Large 1Unweaned373201.00/cwt201.00–201.007509
Steers—Medium 2384162.00/cwt162.00–162.006228
Steers—Medium 1Unweaned393182.00/cwt182.00–182.0071514
Steers—Medium and Large 1-2Unweaned396175.00/cwt175.00–175.006934
Steers—Medium and Large 1Unweaned400190.00/cwt190.00–190.007601
Steers—Medium and Large 1-2Unweaned409152.00/cwt152.00–152.006229
Steers—Medium 1-2Unweaned411152.50/cwt152.50–152.506275
Steers—Medium and Large 1467181.00/cwt181.00–181.008453
Steers—Medium 1Unweaned484162.53/cwt162.00–165.0078717
Steers—Large 1Unweaned491148.00/cwt148.00–148.0072721
Steers—Medium and Large 1Unweaned530155.30/cwt155.00–156.0082320
Steers—Medium and Large 1Unweaned569149.40/cwt141.00–150.0085059
Steers—Large 1Unweaned575127.47/cwt127.00–130.0073313
Steers—Medium and Large 1-2Unweaned591142.00/cwt142.00–142.008394
Steers—Medium and Large 1-2Unweaned681127.00/cwt127.00–127.008654
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1Unweaned338180.00/cwt180.00–180.006085
Heifers—Medium and Large 1Unweaned364171.00/cwt171.00–171.006229
Heifers—Large 1-2Unweaned392140.00/cwt140.00–140.005498
Heifers—Medium 1-2Unweaned421136.00/cwt136.00–136.005736
Heifers—Medium 1Unweaned436147.72/cwt140.00–152.0064427
Heifers—Medium and Large 1Unweaned438165.50/cwt165.50–165.5072515
Heifers—Medium and Large 1-2Unweaned448146.00/cwt146.00–146.006543
Heifers—Medium and Large 2Unweaned448130.00/cwt130.00–130.005826
Heifers—Medium 1Unweaned461139.00/cwt139.00–139.006414
Heifers—Medium and Large 1-2Unweaned477140.82/cwt139.00–142.006725
Heifers—Medium and Large 1Unweaned489144.50/cwt144.50–144.507076
Heifers—Large 1Unweaned501125.00/cwt125.00–125.006267
Heifers—Medium and Large 1Unweaned518137.93/cwt125.00–143.0071442
Heifers—Medium and Large 1-2Unweaned538128.80/cwt127.00–130.0069310
Heifers—Medium 1Unweaned559126.00/cwt126.00–126.007045
Heifers—Medium and Large 1Unweaned560129.63/cwt123.00–135.0072616
Heifers—Medium and Large 1-2751133.00/cwt133.00–133.009995
Heifers—Medium and Large 1873137.86/cwt131.00–138.001,20450
Heifers—Large 11,030127.92/cwt127.50–128.001,3186
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1366170.00/cwt170.00–170.006225
Bulls—Medium and Large 1421151.00/cwt151.00–151.0063621
Bulls—Medium and Large 1-2Unweaned530124.14/cwt123.00–126.006585
Bulls—Medium and Large 1-2Unweaned563122.00/cwt122.00–122.006872
Bulls—Medium and Large 1Unweaned567130.79/cwt129.00–132.0074212
Bulls—Medium and Large 1Unweaned636130.00/cwt130.00–130.008274
Bulls—Medium and Large 1Unweaned678116.00/cwt116.00–116.007865
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,71780.60/cwt78.00–83.001,3844
Bulls——Return to Feed1,72674.11/cwt73.00–76.501,27910
Bulls——1,83983.23/cwt80.00–86.001,5319
Bulls——1,92970.72/cwt62.00–75.001,36419
Bulls——2,04092.00/cwt92.00–92.001,8771
Slaughter Cattle · Cows21 lots · lightest first
Cows—Lean 85-90%Light Weight84034.00/cwt34.00–34.002861
Cows—Lean 85-90%Light Weight99545.00/cwt45.00–45.004481
Cows—Lean 85-90%Return to Feed1,12536.90/cwt36.50–38.0041519
Cows—Lean 85-90%1,17232.93/cwt31.00–36.0038616
Cows—Lean 85-90%Return to Feed1,19942.81/cwt38.00–46.50513102
Cows—Lean 85-90%Return to Feed1,22849.86/cwt47.00–55.00612242
Cows—Lean 85-90%1,23057.50/cwt57.50–57.507071
Cows—Lean 85-90%Return to Feed1,23362.61/cwt58.00–65.5077240
Cows—Lean 85-90%1,23742.69/cwt38.00–46.0052863
Cows—Lean 85-90%1,27051.09/cwt46.50–55.0064920
Cows—Boner 80-85%Return to Feed1,38561.94/cwt55.00–64.50858188
Cows—Boner 80-85%Return to Feed1,39049.60/cwt44.00–54.0068978
Cows—Boner 80-85%1,43647.42/cwt43.00–53.0068128
Cows—Boner 80-85%Return to Feed1,45768.41/cwt66.00–72.0099745
Cows—Boner 80-85%1,48954.33/cwt53.00–57.008099
Cows—Breaker 75-80%Return to Feed1,58268.66/cwt68.00–69.001,0863
Cows—Boner 80-85%1,58660.00/cwt60.00–60.0095213
Cows—Breaker 75-80%1,58867.60/cwt66.00–68.501,0739
Cows—Breaker 75-80%Return to Feed1,69061.00/cwt61.00–61.001,0311
Cows—Breaker 75-80%1,69059.31/cwt51.50–65.001,0026
Cows—Breaker 75-80%1,75076.37/cwt74.00–79.251,3364
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 193193.33/cwt73.00–109.00869234
Stock Cows—Medium and Large 196253.97/cwt52.00–55.005193
Stock Cows—Medium and Large 1Thin Fleshed99748.00/cwt48.00–48.004796
Stock Cows—Medium and Large 1-21,01575.31/cwt71.00–82.007642
Stock Cows—Medium and Large 11,06772.57/cwt59.00–83.0077440
Stock Cows—Medium and Large 1Thin Fleshed1,16644.72/cwt44.00–48.005219
Stock Cows—Medium and Large 1Broken Mouth1,297775.00/cwt775.00–775.0010,05212
Replacement Cattle · Bred Cows9 lots · lightest first
Bred Cows—Medium and Large 11,1041,188.35/cwt1,175.00–1,200.0013,1198
Bred Cows—Medium and Large 11,1181,200.00/cwt1,200.00–1,200.0013,41616
Bred Cows—Medium and Large 11,118900.00/cwt900.00–900.0010,0622
Bred Cows—Medium and Large 11,1901,050.00/cwt1,050.00–1,050.0012,49520
Bred Cows—Medium and Large 11,3051,139.07/cwt1,100.00–1,150.0014,86541
Bred Cows—Medium and Large 1Broken Mouth1,32848.00/cwt48.00–48.0063711
Bred Cows—Medium and Large 11,329902.82/cwt885.00–910.0011,99841
Bred Cows—Medium and Large 1Broken Mouth1,343750.00/cwt750.00–750.0010,07341
Bred Cows—Medium and Large 11,36650.15/cwt48.00–51.006857

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.