Sale reports / Montana / Public Auction Yards / 2023-04-12

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Apr 12
● Final106 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
3,195 head
▲ 2,821 vs last sale 374▼ 250 vs year ago 3,445 · −7.3%
Slaughter Cattle receipts
207 head
▼ 9 vs last sale 216▲ 81 vs year ago 126 · +64.3%
Replacement Cattle receipts
65 head
▼ 36 vs last sale 101▼ 245 vs year ago 310 · −79.0%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested last week to develop an accurate market trend, however higher to sharply higher undertones were noticed on all feeders on offer. Demand for feeders was mostly very good for moderate to heavy offerings. Demand was strong and strengthened throughout the sale which stretched late into the evening. Quality this week was mixed from plain to very attractive. Package sizes varied greatly, but buyers were able to piece together loads of like quality cattle as a heavy offering was seen. Demand for cattle suitable to run on grass, as well as replacement quality heifers, was very good. Ranchers and order buyers both competed over high quality heifer offerings pushing them sharply higher. Buyers purchased steers up to 775 lbs and heifers up to 725 lbs to go to grass this week. Lightweight offerings saw sharply higher prices as well as these offerings have benefited from higher deferred CME feeder cattle contract prices. Market activity was mostly active this sale with many buyers actively bidding both in the stands and on the internet. Weigh up cows sold on mostly good demand for light offerings. Slaughter cows sold generally steady to firm on all offerings. Quality this week was average to attractive. Weigh up conditions were mixed. Packer buyers opted to send a few set of cows to feed again this week. Feeding cows sold steady on an attractive offering. Slaughter bulls sold generally steady to firm in a narrow comparison. Young age cows suitable to feed or rebreed sold on mostly good demand. Buyers showed the best demand for high quality cows which had lost calves. Young offerings sold 5.00-10.00 higher.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $220.73/cwt on 1,333 head.
Average price
$220.73
1,333 head · 650 lb average
Value per head Derived
$1,434
Price × average weight ÷ 100
Grade differential Derived
$291
per head · Medium 1 over Medium 2-3
$89.50/cwt at this weight
vs the market
−1.45
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1444249.501,10739
Medium and Large 1-2563228.301,285220
Medium and Large 1677219.071,4841,034
Large 1641213.151,36718thin
Medium and Large 2621184.521,14616thin
Medium 2-3510160.008166thin
One grade step is worth $89.50/cwt here — about $291 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 sale1,333 hd
220.73
—
MT average3 barns · 1,703 hd
222.17
−1.45
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—Average1,799118.002,12315
CowsBreaker 75-80%High1,62595.881,55819
CowsBoner 80-85%Low1,42395.681,36258
CowsLean 85-90%Low1,17190.961,06568

Every lot

106 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 · Steers34 lots · lightest first
Steers—Medium 1352265.00/cwt265.00–265.009336
Steers—Medium and Large 1397312.50/cwt312.50–312.501,2413
Steers—Medium and Large 1430299.20/cwt292.50–303.001,28732
Steers—Medium and Large 1-2433280.00/cwt280.00–280.001,2124
Steers—Medium and Large 1460291.12/cwt282.00–295.001,33927
Steers—Medium and Large 1-2461274.05/cwt272.00–280.001,26310
Steers—Medium and Large 2501212.50/cwt212.50–212.501,0654
Steers—Medium and Large 1525278.95/cwt272.50–289.001,464113
Steers—Medium and Large 1-2526266.30/cwt257.50–269.001,40129
Steers—Large 1542262.50/cwt262.50–262.501,4233
Steers—Medium and Large 1Thin Fleshed553280.00/cwt280.00–280.001,5482
Steers—Large 1575226.00/cwt226.00–226.001,30011
Steers—Medium and Large 1576262.99/cwt254.00–266.501,51574
Steers—Medium and Large 1Fleshy581252.50/cwt252.50–252.501,4675
Steers—Medium and Large 1-2582248.60/cwt246.00–252.501,44711
Steers—Medium and Large 1631251.66/cwt246.00–255.501,588169
Steers—Medium and Large 1-2631238.03/cwt232.00–245.001,50221
Steers—Medium and Large 1Thin Fleshed656250.00/cwt250.00–250.001,6404
Steers—Medium and Large 1673229.06/cwt221.00–238.001,542230
Steers—Medium and Large 1-2688212.56/cwt200.00–220.001,46231
Steers—Medium and Large 2688185.00/cwt185.00–185.001,2736
Steers—Medium and Large 2721186.00/cwt186.00–186.001,3419
Steers—Medium and Large 1726217.19/cwt212.00–224.001,577121
Steers—Medium and Large 1-2748201.00/cwt201.00–201.001,5034
Steers—Medium and Large 1Thin Fleshed766224.00/cwt224.00–224.001,71680
Steers—Medium and Large 1774196.87/cwt196.00–208.001,52427
Steers—Medium and Large 1818190.74/cwt187.00–195.001,56024
Steers—Medium and Large 1Fleshy822183.00/cwt183.00–183.001,5045
Steers—Medium and Large 1Fleshy872176.00/cwt176.00–176.001,53516
Steers—Medium and Large 1902178.76/cwt178.50–179.001,61221
Steers—Medium and Large 1Fleshy933173.00/cwt173.00–173.001,6143
Steers—Large 1948177.00/cwt177.00–177.001,6789
Steers—Medium and Large 1975178.00/cwt178.00–178.001,7365
Steers—Medium and Large 11,040175.50/cwt175.50–175.501,8252
Feeder Cattle · Heifers39 lots · lightest first
Heifers—Medium 1337265.54/cwt260.00–272.5089516
Heifers—Medium 1379260.00/cwt260.00–260.009857
Heifers—Medium and Large 1380271.64/cwt270.00–275.001,0328
Heifers—Medium and Large 1-2426249.19/cwt245.00–255.001,06232
Heifers—Medium and Large 1445272.66/cwt265.00–277.501,21313
Heifers—Medium and Large 1-2478240.17/cwt240.00–242.501,14829
Heifers—Medium and Large 1479265.17/cwt255.00–268.001,27047
Heifers—Medium 2-3510160.00/cwt160.00–160.008166
Heifers—Medium and Large 1512255.81/cwt250.00–267.001,31079
Heifers—Medium and Large 1-2524233.87/cwt217.50–245.001,22530
Heifers—Medium 1534248.00/cwt248.00–248.001,3249
Heifers—Medium and Large 2535207.66/cwt197.00–215.001,1115
Heifers—Medium 1560210.00/cwt210.00–210.001,1763
Heifers—Medium and Large 2572186.00/cwt186.00–186.001,0643
Heifers—Medium and Large 1580247.50/cwt240.00–256.001,436102
Heifers—Medium and Large 1-2581232.36/cwt217.00–238.001,35082
Heifers—Large 1583227.22/cwt219.00–230.001,32512
Heifers—Medium and Large 1621230.79/cwt220.00–239.001,433194
Heifers—Large 1638209.00/cwt209.00–209.001,3332
Heifers—Medium and Large 1662216.36/cwt209.00–222.001,43271
Heifers—Medium and Large 1-2670201.24/cwt194.50–206.501,34833
Heifers—Medium and Large 2693169.50/cwt169.50–169.501,1758
Heifers—Medium 1694200.00/cwt200.00–200.001,3884
Heifers—Medium and Large 1729203.90/cwt197.50–208.501,486250
Heifers—Medium and Large 1-2735195.00/cwt195.00–195.001,4336
Heifers—Medium and Large 1Replacement737206.00/cwt206.00–206.001,51811
Heifers—Medium and Large 1Fleshy748192.00/cwt192.00–192.001,4363
Heifers—Medium and Large 1762197.51/cwt194.00–198.001,5058
Heifers—Medium and Large 1Replacement769201.06/cwt199.00–205.501,54674
Heifers—Medium and Large 1Replacement7751,566.70/head1,560.00–1,575.001,56788
Heifers—Medium and Large 1802191.87/cwt191.00–193.001,53939
Heifers—Medium and Large 1Replacement806186.50/cwt186.50–186.501,50340
Heifers—Medium and Large 1-2812175.75/cwt175.00–176.001,4278
Heifers—Medium and Large 1Replacement8181,625.00/head1,625.00–1,625.001,625126
Heifers—Large 1818173.00/cwt173.00–173.001,4154
Heifers—Medium and Large 1Replacement860185.96/cwt185.50–187.001,59970
Heifers—Medium and Large 1Replacement8621,725.00/head1,725.00–1,725.001,72552
Heifers—Medium and Large 1869182.54/cwt180.00–186.001,5867
Heifers—Medium and Large 1Replacement921180.00/cwt180.00–180.001,65818
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1-2490250.36/cwt245.00–252.501,2277
Bulls—Medium and Large 1-2500230.00/cwt230.00–230.001,1504
Bulls—Medium and Large 1543257.50/cwt257.50–257.501,3986
Bulls—Medium and Large 1561235.00/cwt235.00–235.001,3184
Bulls—Medium and Large 1643219.00/cwt219.00–219.001,4082
Bulls—Medium and Large 1-2645215.00/cwt215.00–215.001,3871
Bulls—Medium and Large 1688194.50/cwt194.00–195.001,3384
Bulls—Medium and Large 1920150.00/cwt150.00–150.001,3804
Bulls—Large 11,149150.00/cwt150.00–150.001,7244
Bulls—Large 11,315133.00/cwt133.00–133.001,7494
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,37594.00/cwt94.00–94.001,2931
Bulls——1,735100.00/cwt100.00–100.001,7351
Bulls——1,768115.39/cwt109.00–121.002,0409
Bulls——1,992134.36/cwt132.00–140.002,6764
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight88684.16/cwt78.00–87.007464
Cows—Lean 85-90%1,16792.31/cwt87.00–97.001,07726
Cows—Lean 85-90%1,19383.18/cwt81.00–87.0099223
Cows—Lean 85-90%1,217102.44/cwt97.00–106.501,24714
Cows—Lean 85-90%Return to Feed1,255101.00/cwt101.00–101.001,2681
Cows—Boner 80-85%1,347104.27/cwt102.00–107.001,4057
Cows—Boner 80-85%Return to Feed1,390103.95/cwt101.00–105.001,4454
Cows—Boner 80-85%1,41494.81/cwt90.00–99.001,34122
Cows—Boner 80-85%1,42185.57/cwt85.00–87.001,2165
Cows—Boner 80-85%Return to Feed1,45490.40/cwt89.00–92.001,3145
Cows—Boner 80-85%Return to Feed1,47295.86/cwt92.00–99.001,41115
Cows—Breaker 75-80%Return to Feed1,52593.79/cwt93.00–95.001,4305
Cows—Breaker 75-80%1,602105.04/cwt104.00–107.001,6833
Cows—Breaker 75-80%1,63891.08/cwt88.00–94.501,4925
Cows—Breaker 75-80%1,70997.04/cwt95.50–98.001,6586
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2705140.00/cwt140.00–140.009871
Stock Cows—Medium and Large 1963162.49/cwt150.00–181.001,56528
Stock Cows—Medium and Large 1-2980101.00/cwt101.00–101.009901
Stock Cows—Medium and Large 11,102112.53/cwt94.50–145.001,24020

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.