Sale reports / Montana / Public Auction Yards / 2022-05-11

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 11
● Final64 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
266 head
▼ 96 vs last sale 362▼ 1,990 vs year ago 2,256 · −88.2%
Slaughter Cattle receipts
482 head
▲ 83 vs last sale 399▲ 160 vs year ago 322 · +49.7%
Replacement Cattle receipts
471 head
▼ 144 vs last sale 615▼ 17 vs year ago 488 · −3.5%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested to develop any market trend. Quality this week was mostly plain and lower in quality than last weeks offering. Demand for feeders was mostly light as limited offerings and poorer quality hampered demand. Lower CME feeder prices were seen today as grain prices continue to rally. Market activity this week was mostly slow. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Packers showed stronger demand for slaughter cows this week as they competed with feeder buyers over offerings. Slaughter cows sold mostly 2.00 higher on all classes of cows. Feeding cows sold generally steady to firm, with the largest increase in price coming from thin lower quality cows that will gain quickly when put on feed. Slaughter bulls sold fully steady. Bull quality this week was not as attractive as last week. Weigh up conditions were mostly average to below average. Cows were pushing much more fill this week compared to last week. Young age cows suitable to feed or rebreed sold generally steady. Demand for cattle to rebreed continues to be good.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $152.61/cwt on 67 head.
Average price
$152.61
67 head · 663 lb average
Value per head Derived
$1,011
Price × average weight ÷ 100
Grade differential Derived
−$193
per head · Medium and Large 1-2 over Medium and Large 2
$42.97/cwt at this weight
vs the market
−27.29
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2463179.8083320
Medium and Large 1734165.131,2137thin
Medium and Large 2750136.831,02640
One grade step is worth $42.97/cwt here — about −$193 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
152.61
—
MT average3 barns · 395 hd
179.90
−27.29
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—High1,56392.841,45149
CowsBreaker 75-80%Average1,64577.711,27859
CowsBoner 80-85%Average1,43575.701,086115
CowsLean 85-90%Low1,17771.88846136

Every lot

64 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 · Steers11 lots · lightest first
Steers—Medium and Large 1-2Unweaned375186.00/cwt186.00–186.006987
Steers—Medium and Large 1-2411185.00/cwt185.00–185.007604
Steers—Medium and Large 1-2Unweaned459180.00/cwt180.00–180.008266
Steers—Medium and Large 2550160.00/cwt160.00–160.008807
Steers—Medium and Large 1675176.47/cwt175.00–178.001,1912
Steers—Medium and Large 2722139.64/cwt138.00–141.001,00813
Steers—Medium and Large 1-2747158.00/cwt158.00–158.001,1803
Steers—Medium and Large 1748169.00/cwt169.00–169.001,2642
Steers—Medium and Large 1765155.00/cwt155.00–155.001,1863
Steers—Medium and Large 2786129.78/cwt128.00–134.001,02010
Steers—Medium and Large 2889124.00/cwt124.00–124.001,10210
Feeder Cattle · Heifers9 lots · lightest first
Heifers—Medium 1381174.50/cwt174.50–174.506657
Heifers—Medium 1471152.50/cwt152.50–152.5071817
Heifers—Medium and Large 1-2475159.00/cwt159.00–159.007552
Heifers—Medium and Large 1-2520164.00/cwt164.00–164.008531
Heifers—Medium and Large 1-2641155.00/cwt155.00–155.009944
Heifers—Medium and Large 1698159.50/cwt159.50–159.501,11312
Heifers—Medium and Large 1715153.00/cwt153.00–153.001,0946
Heifers—Medium and Large 1817142.52/cwt141.00–145.501,1648
Heifers—Medium and Large 1853132.00/cwt132.00–132.001,1262
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1646149.00/cwt149.00–149.009638
Bulls—Medium and Large 1824141.00/cwt141.00–141.001,1624
Bulls—Large 11,085114.00/cwt114.00–114.001,2371
Bulls—Large 11,126109.50/cwt109.50–109.501,2336
Bulls—Large 11,170103.00/cwt103.00–103.001,2051
Bulls—Large 11,225102.00/cwt102.00–102.001,2502
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,29873.00/cwt73.00–73.009483
Bulls——Return to Feed1,33396.98/cwt93.00–98.001,29313
Bulls——Return to Feed1,37380.94/cwt77.50–91.001,1116
Bulls——1,63586.77/cwt79.00–93.001,4199
Bulls——1,75398.88/cwt93.50–103.001,73315
Bulls——2,035106.49/cwt104.00–108.002,1673
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight89572.00/cwt72.00–72.006441
Cows—Lean 85-90%Light Weight93845.00/cwt45.00–45.004222
Cows—Lean 85-90%Light Weight94865.00/cwt65.00–65.006162
Cows—Lean 85-90%1,04551.00/cwt51.00–51.005334
Cows—Lean 85-90%1,17068.09/cwt63.00–73.5079731
Cows—Lean 85-90%Return to Feed1,17671.06/cwt64.00–74.0083625
Cows—Lean 85-90%1,17775.71/cwt74.00–77.508919
Cows—Lean 85-90%Return to Feed1,20775.43/cwt74.00–79.0091056
Cows—Lean 85-90%Return to Feed1,23881.24/cwt79.50–82.001,0066
Cows—Boner 80-85%Return to Feed1,41878.29/cwt75.00–83.001,11047
Cows—Boner 80-85%Return to Feed1,43283.67/cwt83.50–84.001,1983
Cows—Boner 80-85%1,43777.37/cwt74.50–79.501,11225
Cows—Boner 80-85%Return to Feed1,44971.51/cwt68.00–74.001,03627
Cows—Breaker 75-80%1,46585.27/cwt84.50–86.001,2492
Cows—Boner 80-85%1,46569.95/cwt65.50–74.001,02513
Cows—Breaker 75-80%1,55383.29/cwt80.00–84.501,2934
Cows—Breaker 75-80%Return to Feed1,61981.09/cwt78.50–85.001,31317
Cows—Breaker 75-80%1,65875.57/cwt72.50–76.751,25332
Cows—Breaker 75-80%Return to Feed1,67872.50/cwt72.50–72.501,2173
Cows—Breaker 75-80%Heavy Weight2,30067.00/cwt67.00–67.001,5411
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,2331,360.64/cwt1,285.00–1,375.0016,77717
Bred Cows—Medium and Large 11,3621,150.00/cwt1,150.00–1,150.0015,66311
Bred Cows—Medium and Large 11,3901,100.00/cwt1,100.00–1,100.0015,2903
Replacement Cattle · Heifer Pairs1 lot · lightest first
Heifer Pairs—Medium and Large 1Thin Fleshed1,0331,778.88/cwt1,660.00–1,825.0018,37636
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 1Thin Fleshed1,2211,235.00/cwt1,235.00–1,235.0015,0799
Cow-Calf Pairs—Medium and Large 11,3311,642.31/cwt1,550.00–1,775.0021,85947
Cow-Calf Pairs—Medium and Large 1Thin Fleshed1,3411,825.00/cwt1,825.00–1,825.0024,47331
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,3761,265.38/cwt1,210.00–1,325.0017,41211
Cow-Calf Pairs—Medium and Large 1-21,3871,625.00/cwt1,625.00–1,625.0022,5393
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1-290499.04/cwt92.00–101.008955
Stock Cows—Medium and Large 1984109.16/cwt94.00–132.501,07491
Stock Cows—Medium and Large 11,19681.53/cwt75.00–92.0097528

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.