Sale reports / Montana / Public Auction Yards / 2021-11-03

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Nov 3
● Final41 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
458 head
▼ 19 vs last sale 477▼ 531 vs year ago 989 · −53.7%
Slaughter Cattle receipts
1,906 head
▲ 292 vs last sale 1,614▲ 289 vs year ago 1,617 · +17.9%
Replacement Cattle receipts
938 head
▲ 299 vs last sale 639▼ 107 vs year ago 1,045 · −10.2%
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Reporter comment USDA

As filed

Compared to last week: Yearling feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed. Feeder calves were not well tested. Demand for yearlings was mostly good on light offerings. Market activity was mostly moderate. Weigh up cows sold on mostly moderate demand for heavy offerings. Over 2,500 head of cows sold in todays offering. The majority of the cow offering sold as feeding cows this week. Demand for boning flesh cows and young cows was very good as both packers and feeding buyers purchased these cows to feed to premium white. Feeding cows sold 1.00-4.00 higher on these type offerings. Packer buyers opted to only purchase extremely lame or cows with major blemishes to send to slaughter. Both packers and feeding buyers purchased cows with slight blemishes to feed until the market improves. A heavy offering of thin cows was seen this sale. Thin feeding cows sold steady to 2.00 higher. Cow quality this week was average to attractive. Feeding buyers continue to be active in purchasing very thin cows. These offerings offer lots of compensatory gain. Slaughter bulls sold generally steady in a narrow comparison. Competition with feeding buyers helped keep offerings steady. Young age cows sold mostly steady to weak. Many long strings of open 2-4 year old cows were seen this week. Breed up conditions this summer were mostly below average due to poor water quality and limited forage due to the drought. 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 $136.08/cwt on 67 head.
Average price
$136.08
67 head · 931 lb average
Value per head Derived
$1,267
Price × average weight ÷ 100
Grade differential Derived
−$278
per head · Medium and Large 1-2 over Large 1
$26.41/cwt at this weight
vs the market
−13.29
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2760145.001,1024thin
Medium and Large 1866141.271,22447
Large 11,163118.591,38016thin
One grade step is worth $26.41/cwt here — about −$278 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 sale67 hd
136.08
—
MT average5 barns · 3,870 hd
149.37
−13.29
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—Low1,71578.871,35359
CowsBreaker 75-80%Average1,61665.651,06110
CowsBoner 80-85%High1,42057.96823291
CowsLean 85-90%Average1,16746.48543887

Every lot

41 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 · Heifers8 lots · lightest first
Heifers—Medium and Large 1-2760145.00/cwt145.00–145.001,1024
Heifers—Medium and Large 1819143.00/cwt143.00–143.001,1717
Heifers—Medium and Large 1850142.67/cwt142.50–145.001,21330
Heifers—Medium and Large 1915137.88/cwt137.50–139.001,2624
Heifers—Medium and Large 1971134.50/cwt132.00–137.001,3066
Heifers—Large 1Full1,098124.50/cwt124.50–124.501,3673
Heifers—Large 1Full1,173116.00/cwt116.00–116.001,3619
Heifers—Large 11,191120.00/cwt120.00–120.001,4294
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,44474.22/cwt71.00–75.001,07210
Bulls——Return to Feed1,60480.31/cwt79.00–84.501,28818
Bulls——1,78972.13/cwt67.00–76.001,29012
Bulls——Return to Feed1,84589.00/cwt89.00–89.001,6421
Bulls——1,91183.65/cwt79.50–86.001,59917
Bulls——2,09089.00/cwt89.00–89.001,8601
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight92841.47/cwt38.00–43.003858
Cows—Lean 85-90%Light Weight95845.68/cwt44.00–47.504382
Cows—Lean 85-90%Light Weight98232.15/cwt30.00–33.0031642
Cows—Lean 85-90%Return to Feed1,09745.82/cwt41.00–48.00503120
Cows—Lean 85-90%Return to Feed1,11439.19/cwt33.00–40.0043772
Cows—Lean 85-90%1,14832.30/cwt25.00–36.5037145
Cows—Lean 85-90%1,15140.01/cwt36.00–45.5046166
Cows—Lean 85-90%1,15546.00/cwt46.00–46.005316
Cows—Lean 85-90%Return to Feed1,21249.77/cwt47.00–55.50603456
Cows—Lean 85-90%Return to Feed1,22658.19/cwt57.00–62.0071370
Cows—Boner 80-85%Return to Feed1,40259.51/cwt56.00–63.0083499
Cows—Boner 80-85%Return to Feed1,40351.33/cwt42.00–57.5072072
Cows—Boner 80-85%1,43545.01/cwt41.00–49.5064636
Cows—Boner 80-85%Return to Feed1,45067.38/cwt64.50–68.5097784
Cows—Breaker 75-80%1,55367.00/cwt65.00–69.001,0412
Cows—Breaker 75-80%Return to Feed1,58566.41/cwt66.00–66.501,0536
Cows—Breaker 75-80%1,77062.00/cwt62.00–62.001,0972
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Large 179560.00/cwt60.00–60.004772
Stock Cows—Medium and Large 1-282977.30/cwt75.00–79.0064111
Stock Cows—Medium and Large 194696.89/cwt66.00–111.00917326
Stock Cows—Medium and Large 1Thin Fleshed95745.00/cwt45.00–45.004315
Stock Cows—Medium and Large 1-299952.07/cwt46.00–66.005206
Stock Cows—Medium and Large 11,06372.08/cwt46.00–88.00766193
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 11,0711,014.19/cwt1,000.00–1,035.0010,86219
Bred Cows—Medium and Large 1-21,1481,050.00/cwt1,050.00–1,050.0012,0542
Bred Cows—Medium and Large 11,2081,100.00/cwt1,100.00–1,100.0013,2889
Bred Cows—Medium and Large 1Broken Mouth1,32551.00/cwt51.00–51.006767

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.