Sale reports / Montana / Public Auction Yards / 2022-11-23

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Nov 23
● Final67 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
706 head
▼ 214 vs last sale 920▲ 138 vs year ago 568 · +24.3%
Slaughter Cattle receipts
644 head
▼ 340 vs last sale 984▲ 24 vs year ago 620 · +3.9%
Replacement Cattle receipts
293 head
▼ 110 vs last sale 403▲ 10 vs year ago 283 · +3.5%
View

Reporter comment USDA

As filed

Compared to last week: Steer and heifer calves were all too lightly tested this week or last week to develop any market trend. Quality today was mostly plain, with many cutback calves off summer video sales. Most calves were offered in small lots or as singles. Demand was mostly light for light offering. Several buyers were absent for todays light sale ahead of the holiday. Market activity was mostly slow. Weigh up cows sold on mostly light to moderate demand for moderate to heavy offerings. Cow quality today was mostly average. Most of the cow offering continues to be purchased to feed, either for the upcoming holidays, to turn out on corn stalks, or to feed to premium white. Short term feeding cows and high quality feeding cows both sold steady to weak. Packers opted to send almost the entire sale to feed this week as slaughter demand was mostly light. Slaughter cows sold mostly steady to 2.00 lower on breaking cows, boning and lean cows sold 1.00-3.00 lower. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. Weigh up conditions were mostly average this sale and better overall compared to last week. Young age cows suitable to feed or rebreed sold 5.00-10.00 lower. Quality was not as attractive as last week and fewer takers were actively bidding on these offerings. Many thin young cows were purchased by feeding and packer buyers and were included in the slaughter cow portion of the report.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $161.29/cwt on 296 head.
Average price
$161.29
296 head · 726 lb average
Value per head Derived
$1,171
Price × average weight ÷ 100
Grade differential Derived
$822
per head · Medium and Large 1 over Medium 2
$38.38/cwt at this weight
vs the market
−25.63
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1789173.381,368146
Medium and Large 1-2589160.1194242
Medium 1612157.0096120
Large 1894145.781,30445
Medium and Large 2540140.2675738
Medium 2404135.005455thin
One grade step is worth $38.38/cwt here — about $822 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 sale296 hd
161.29
—
MT average4 barns · 3,647 hd
186.93
−25.63
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—Low1,40480.121,12528
CowsBreaker 75-80%Average1,59276.421,21735
CowsBoner 80-85%High1,40065.6791992
CowsLean 85-90%Average1,15354.50629264

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/3rd Stage (4-9 mo)Young (2-4 yrs)1,110$1,3001thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,065$1,15520
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,391$1,1504thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,078$1,12117
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,256$99411

Every lot

67 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 · Steers7 lots · lightest first
Steers—Medium and Large 1Unweaned385240.50/cwt240.00–241.0092612
Steers—Medium and Large 1-2Unweaned459181.00/cwt181.00–181.0083112
Steers—Medium and Large 1-2Unweaned524173.44/cwt171.00–178.0090920
Steers—Medium and Large 2Unweaned602147.00/cwt147.00–147.0088533
Steers—Medium 1712168.00/cwt168.00–168.001,1966
Steers—Medium and Large 1715172.00/cwt172.00–172.001,2305
Steers—Medium and Large 1-2805166.00/cwt166.00–166.001,3363
Feeder Cattle · Heifers25 lots · lightest first
Heifers—Medium and Large 1-2Unweaned385167.00/cwt167.00–167.006438
Heifers—Medium 1Unweaned397155.00/cwt155.00–155.006154
Heifers—Medium 2Unweaned404135.00/cwt135.00–135.005455
Heifers—Medium 1Unweaned473152.00/cwt152.00–152.007195
Heifers—Medium and Large 1Unweaned492169.05/cwt165.00–171.0083212
Heifers—Medium and Large 1-2Unweaned492155.07/cwt146.00–160.0076314
Heifers—Medium and Large 1-2509161.00/cwt161.00–161.008194
Heifers—Medium and Large 2Unweaned513140.29/cwt139.00–140.5072031
Heifers—Large 1521147.50/cwt147.50–147.507688
Heifers—Large 1556150.00/cwt150.00–150.008344
Heifers—Medium and Large 2Unweaned564136.44/cwt131.00–142.007704
Heifers—Medium and Large 1Unweaned625147.92/cwt139.00–152.0092422
Heifers—Medium and Large 1647150.00/cwt150.00–150.009713
Heifers—Large 1Unweaned669148.00/cwt148.00–148.009904
Heifers—Medium and Large 1-2738166.00/cwt166.00–166.001,22511
Heifers—Medium 1754160.00/cwt160.00–160.001,20611
Heifers—Medium and Large 1755180.00/cwt180.00–180.001,3593
Heifers—Medium and Large 2787145.00/cwt145.00–145.001,1413
Heifers—Medium and Large 1811180.85/cwt178.00–182.501,46734
Heifers—Medium and Large 1853188.00/cwt188.00–188.001,60449
Heifers—Medium and Large 1-2920149.50/cwt149.50–149.501,3755
Heifers—Medium and Large 1935161.06/cwt160.00–162.001,50615
Heifers—Medium and Large 1989158.00/cwt158.00–158.001,5638
Heifers—Large 11,043147.00/cwt147.00–147.001,5338
Heifers—Large 11,087143.43/cwt142.00–144.001,55921
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1-2Unweaned476152.50/cwt152.50–152.5072610
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Light Weight93459.00/cwt59.00–59.005519
Bulls——Return to Feed1,25098.00/cwt98.00–98.001,2252
Bulls——1,47980.73/cwt73.00–84.001,1944
Bulls——1,55077.00/cwt77.00–77.001,1941
Bulls——Return to Feed1,69590.00/cwt90.00–90.001,5262
Bulls——1,72092.31/cwt90.00–96.001,5888
Bulls——1,89599.00/cwt99.00–99.001,8762
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight76433.50/cwt33.50–33.5025615
Cows—Lean 85-90%Light Weight93449.96/cwt45.00–53.004674
Cows—Lean 85-90%1,13049.82/cwt47.00–56.005639
Cows—Lean 85-90%1,14740.63/cwt32.00–46.0046639
Cows—Lean 85-90%1,15858.00/cwt58.00–58.006722
Cows—Lean 85-90%Return to Feed1,16153.96/cwt47.00–57.0062654
Cows—Lean 85-90%Return to Feed1,16243.00/cwt43.00–43.005006
Cows—Lean 85-90%Return to Feed1,20371.81/cwt69.00–76.0086413
Cows—Lean 85-90%Return to Feed1,20360.92/cwt58.00–65.50733122
Cows—Boner 80-85%Return to Feed1,37080.00/cwt80.00–80.001,0966
Cows—Boner 80-85%Return to Feed1,38574.92/cwt68.00–79.001,03837
Cows—Boner 80-85%Return to Feed1,40057.37/cwt52.00–65.0080328
Cows—Boner 80-85%1,43355.59/cwt50.00–60.0079720
Cows—Boner 80-85%1,44071.00/cwt71.00–71.001,0221
Cows—Breaker 75-80%1,58077.17/cwt75.00–78.001,21928
Cows—Breaker 75-80%1,60282.02/cwt81.00–82.501,3143
Cows—Breaker 75-80%1,66867.01/cwt66.00–68.001,1184
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1-2Thin Fleshed88762.31/cwt53.00–67.505539
Stock Cows—Medium and Large 196693.79/cwt77.00–110.00906127
Stock Cows—Medium and Large 11,06676.32/cwt65.00–84.0081422
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Medium and Large 1Non-Legible BANGS1,0131,050.00/head1,050.00–1,050.001,0509
Bred Cows—Medium and Large 1Non-Legible BANGS1,0531,150.00/head1,150.00–1,150.001,15019
Bred Cows—Medium and Large 11,1101,300.00/head1,300.00–1,300.001,3001
Bred Cows—Medium and Large 11,1511,200.00/head1,200.00–1,200.001,2008
Bred Cows—Medium and Large 11,256994.14/head925.00–1,200.0099411
Bred Cows—Medium and Large 11,3001,250.00/head1,250.00–1,250.001,2501
Bred Cows—Medium and Large 11,3911,150.00/head1,150.00–1,150.001,1504

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.