Sale reports / Montana / Public Auction Yards / 2022-11-16

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Nov 16
● Final77 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
920 head
▲ 771 vs last sale 149▲ 372 vs year ago 548 · +67.9%
Slaughter Cattle receipts
984 head
▲ 22 vs last sale 962▼ 101 vs year ago 1,085 · −9.3%
Replacement Cattle receipts
403 head
▼ 1,487 vs last sale 1,890▼ 383 vs year ago 786 · −48.7%
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Reporter comment USDA

As filed

Compared to last week: Steer and heifer calves were were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed on a much higher quality offering. Quality today was average to attractive. A larger buyer pool was active in bidding on todays offering. Market activity was mostly active this week. Weigh up cows sold on mostly light to moderate demand for moderate to heavy offerings. Cow quality today was mostly plain to average and not as attractive as last week. Most of the cow offering continues to be purchased to feed, either for the upcoming Thanksgiving holiday, to turn out on corn stalks, or to feed to premium white. Short term feeding cows sold steady to 2.00 lower. Most of these cows are located in the report as low dressing lean or boning cows returning to feed. High quality cows suitable to feed to premium white sold mostly 1.00-2.00 lower. Slaughter cows sold mostly 2.00 lower on breaking cows, boning and lean cows sold generally steady to weak. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. Weigh up conditions were mostly below average this sale. A cold front pushed through late afternoon and snowy, extremely cold conditions are expected tonight. Most cows were tanked up on feed as a result. Cow prices fell as buyers filled loads and the sale pushed into the evening. Young age cows suitable to feed or rebreed sold generally steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $174.93/cwt on 358 head.
Average price
$174.93
358 head · 621 lb average
Value per head Derived
$1,087
Price × average weight ÷ 100
Grade differential Derived
−$673
per head · Medium and Large 1-2 over Large 1
$35.54/cwt at this weight
vs the market
−12.75
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2478185.0488528
Medium 1395185.007317thin
Medium and Large 1618175.341,084302
Medium and Large 2481164.007894thin
Large 11,042149.501,55817thin
One grade step is worth $35.54/cwt here — about −$673 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 sale358 hd
174.93
—
MT average5 barns · 3,827 hd
187.68
−12.75
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—High1,67185.751,43339
CowsPremium White 65-75%Average1,45084.501,22513
CowsBreaker 75-80%Average1,59071.441,13636
CowsBoner 80-85%Average1,42770.721,009238
CowsLean 85-90%High1,20959.00713336

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,048$1,30012
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,066$1,26520
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,418$1,1506
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,381$1,10015
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged/Aged (>5 yrs)1,439$1,1007
Bred Heifers2nd Stage (4-6 mo)(<2 yrs)947$1,28810

Every lot

77 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 1-2Unweaned328252.50/cwt252.50–252.508282
Steers—Medium and Large 1Unweaned340270.00/cwt270.00–270.009181
Steers—Medium and Large 1Unweaned370262.16/cwt260.00–270.0097022
Steers—Medium and Large 1Unweaned408241.43/cwt241.00–245.0098529
Steers—Medium and Large 1-2Unweaned433228.34/cwt217.00–238.0098937
Steers—Medium and Large 1Unweaned496214.34/cwt214.00–214.501,06316
Steers—Medium and Large 1Unweaned515207.52/cwt205.00–210.001,06916
Steers—Medium and Large 1-2Unweaned536184.23/cwt175.00–195.0098723
Steers—Medium and Large 1Unweaned584189.38/cwt185.00–191.001,10644
Steers—Large 1Unweaned591177.00/cwt177.00–177.001,0464
Steers—Medium and Large 1-2Unweaned607174.43/cwt174.00–175.001,0597
Steers—Medium and Large 1Unweaned629176.16/cwt175.00–177.001,10818
Steers—Medium and Large 1Unweaned671175.24/cwt173.00–177.001,17659
Steers—Medium and Large 1-2Unweaned683166.00/cwt166.00–166.001,1342
Steers—Medium and Large 1694174.50/cwt174.50–174.501,2118
Steers—Medium and Large 1-2827170.00/cwt170.00–170.001,4063
Feeder Cattle · Heifers24 lots · lightest first
Heifers—Medium and Large 1Unweaned305221.81/cwt220.00–222.5067711
Heifers—Medium and Large 1-2Unweaned343207.50/cwt207.50–207.507125
Heifers—Medium and Large 1-2Unweaned370203.00/cwt203.00–203.007518
Heifers—Medium and Large 1Unweaned382214.90/cwt214.00–215.0082127
Heifers—Medium 1Unweaned395185.00/cwt185.00–185.007317
Heifers—Medium and Large 1-2Unweaned420192.50/cwt192.50–192.508091
Heifers—Medium and Large 1Unweaned468192.62/cwt185.00–197.0090130
Heifers—Medium and Large 2Unweaned481164.00/cwt164.00–164.007894
Heifers—Medium and Large 1-2Unweaned493173.00/cwt173.00–173.008538
Heifers—Medium and Large 1505185.00/cwt185.00–185.009347
Heifers—Medium and Large 1Unweaned511175.76/cwt174.00–176.0089826
Heifers—Medium and Large 1-2Unweaned530175.00/cwt175.00–175.009281
Heifers—Medium and Large 1-2Unweaned558156.00/cwt156.00–156.008702
Heifers—Medium and Large 1Unweaned562174.11/cwt173.00–175.0097837
Heifers—Medium and Large 1Unweaned627169.59/cwt166.00–174.001,06373
Heifers—Medium and Large 1631165.00/cwt165.00–165.001,04118
Heifers—Medium and Large 1Unweaned672158.00/cwt158.00–158.001,06211
Heifers—Medium and Large 1Full826163.00/cwt163.00–163.001,3467
Heifers—Medium and Large 1Full898155.00/cwt155.00–155.001,39216
Heifers—Medium and Large 1-2902152.00/cwt152.00–152.001,3713
Heifers—Medium and Large 1923160.00/cwt160.00–160.001,47713
Heifers—Medium and Large 1Full927145.00/cwt145.00–145.001,34415
Heifers—Medium and Large 1Full980151.00/cwt151.00–151.001,48011
Heifers—Large 11,042149.50/cwt149.50–149.501,55817
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1Unweaned450217.50/cwt217.50–217.509791
Bulls—Medium and Large 1994119.00/cwt119.00–119.001,1834
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,33890.50/cwt90.50–90.501,2114
Bulls——Return to Feed1,35578.99/cwt76.00–82.001,0702
Bulls——1,62476.11/cwt71.00–83.001,23614
Bulls——1,79792.26/cwt86.00–96.001,65818
Bulls——2,04098.00/cwt98.00–98.001,9991
Slaughter Cattle · Cows18 lots · lightest first
Cows—Lean 85-90%Light Weight94545.00/cwt45.00–45.004252
Cows—Lean 85-90%Light Weight97542.00/cwt42.00–42.004102
Cows—Lean 85-90%Return to Feed1,13657.46/cwt52.00–60.0065389
Cows—Lean 85-90%1,15440.48/cwt31.00–48.0046724
Cows—Lean 85-90%1,22054.71/cwt49.00–59.0066749
Cows—Lean 85-90%Return to Feed1,23762.54/cwt60.00–70.00774136
Cows—Lean 85-90%1,26460.84/cwt59.00–62.507698
Cows—Lean 85-90%Return to Feed1,27772.90/cwt72.00–75.5093120
Cows—Boner 80-85%Return to Feed1,36461.43/cwt57.00–67.0083845
Cows—Boner 80-85%1,43358.78/cwt52.00–64.5084236
Cows—Boner 80-85%Return to Feed1,43575.81/cwt69.50–79.001,088136
Cows—Premium White 65-75%1,45084.50/cwt84.50–84.501,22513
Cows—Boner 80-85%Return to Feed1,46383.00/cwt82.00–85.001,21412
Cows—Breaker 75-80%Return to Feed1,54466.50/cwt66.50–66.501,02710
Cows—Boner 80-85%1,55171.54/cwt65.00–75.001,1109
Cows—Breaker 75-80%1,58379.00/cwt79.00–79.001,2512
Cows—Breaker 75-80%1,60972.87/cwt71.00–78.001,17224
Cows—Lean 85-90%1,67272.00/cwt72.00–72.001,2046
Replacement Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 11,57495.50/cwt95.50–95.501,50315
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Medium 18771,100.00/head1,100.00–1,100.001,1003
Bred Cows—Medium 18991,175.00/head1,175.00–1,175.001,1756
Bred Cows—Medium and Large 11,1051,366.01/head1,285.00–1,400.001,3669
Bred Cows—Medium and Large 11,1371,303.93/head1,250.00–1,335.001,30414
Bred Cows—Medium and Large 11,3811,100.00/head1,100.00–1,100.001,10015
Bred Cows—Medium and Large 11,4181,150.00/head1,150.00–1,150.001,1506
Bred Cows—Medium and Large 11,4391,100.00/head1,100.00–1,100.001,1007
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 1960106.21/cwt81.00–129.001,020156
Stock Cows—Medium and Large 11,02387.47/cwt63.00–107.5089576
Replacement Cattle · Bred Heifers2 lots · lightest first
Bred Heifers—Medium 18811,210.00/head1,210.00–1,210.001,2108
Bred Heifers—Medium and Large 11,2131,600.00/head1,600.00–1,600.001,6002

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.