Sale reports / Montana / Public Auction Yards / 2023-04-19

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Apr 19
● Final84 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
410 head
▼ 2,785 vs last sale 3,195▼ 1,339 vs year ago 1,749 · −76.6%
Slaughter Cattle receipts
538 head
▲ 331 vs last sale 207▼ 197 vs year ago 735 · −26.8%
Replacement Cattle receipts
305 head
▲ 240 vs last sale 65▲ 15 vs year ago 290 · +5.2%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested today to develop an accurate market trend, however steady to firm undertones were noticed on all feeders on offer. Demand for feeders was mostly very good for light offerings. Quality this sale was plain to average and not as attractive as last weeks feeder special. However, demand remains strong as CME feeder cattle prices continue to creep higher. Package sizes were mostly small with lots of singles on offer. Market activity was mostly active this sale as both ranchers and order-buyers competed over limited offerings. Weigh up cows sold on mostly moderate to good demand for moderate offerings. Slaughter cows sold generally steady to firm on breaking cows, boning cows sold generally steady, lean cows sold steady to 2.00 lower. Quality this week was mixed from plain 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. Slaughter bulls sold 2.00-5.00 higher. 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 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 $228.85/cwt on 168 head.
Average price
$228.85
168 head · 576 lb average
Value per head Derived
$1,318
Price × average weight ÷ 100
Grade differential Derived
−$22
per head · Medium 1 over Medium and Large 2
$39.50/cwt at this weight
vs the market
+5.56
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1427240.001,0253thin
Medium and Large 1589234.011,378111
Medium and Large 1-2561219.391,23149
Medium and Large 2522200.501,0475thin
One grade step is worth $39.50/cwt here — about −$22 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 sale168 hd
228.85
—
MT average3 barns · 330 hd
223.30
+5.56
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—Average1,687117.461,98157
CowsBreaker 75-80%Low1,65397.081,60557
CowsBoner 80-85%Average1,40293.661,313133
CowsLean 85-90%High1,17487.971,033162

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)1,355$1,7503thin

Every lot

84 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 1-2345260.00/cwt260.00–260.008971
Steers—Medium and Large 1439295.00/cwt295.00–295.001,29511
Steers—Medium and Large 1-2444273.26/cwt270.00–280.001,2136
Steers—Medium and Large 1457287.03/cwt275.00–295.001,3125
Steers—Medium and Large 2480240.00/cwt240.00–240.001,1521
Steers—Medium and Large 1-2498262.50/cwt262.50–262.501,3072
Steers—Medium and Large 1-2510265.00/cwt265.00–265.001,3521
Steers—Medium and Large 1513272.50/cwt272.50–272.501,3986
Steers—Large 1-2558230.00/cwt230.00–230.001,2833
Steers—Medium and Large 1573260.12/cwt257.00–265.001,4905
Steers—Medium and Large 1-2591251.00/cwt251.00–251.001,4834
Steers—Medium and Large 1645250.00/cwt250.00–250.001,6131
Steers—Medium and Large 1683229.36/cwt224.00–242.001,56713
Steers—Medium and Large 1713218.10/cwt215.00–223.001,5559
Steers—Medium and Large 1-2730208.00/cwt208.00–208.001,5181
Steers—Medium and Large 1774200.18/cwt193.00–207.501,54912
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 1376257.16/cwt255.00–267.509676
Heifers—Medium and Large 1-2386245.00/cwt245.00–245.009468
Heifers—Medium and Large 1-2415249.94/cwt240.00–252.501,0375
Heifers—Medium and Large 1419269.10/cwt257.50–275.001,12821
Heifers—Medium and Large 2425222.50/cwt222.50–222.509461
Heifers—Medium 1427240.00/cwt240.00–240.001,0253
Heifers—Medium and Large 1-2462232.85/cwt230.00–235.001,0767
Heifers—Medium and Large 1491266.46/cwt255.00–267.501,30812
Heifers—Medium and Large 2495205.00/cwt205.00–205.001,0153
Heifers—Medium and Large 1-2503225.00/cwt225.00–225.001,1322
Heifers—Medium and Large 1522256.34/cwt255.00–257.001,3389
Heifers—Medium and Large 1563241.00/cwt241.00–241.001,3573
Heifers—Medium and Large 1-2570217.94/cwt210.00–229.001,2425
Heifers—Medium and Large 1-2635219.89/cwt207.50–226.001,39611
Heifers—Medium and Large 1673220.69/cwt215.00–227.001,48529
Heifers—Medium and Large 1Fleshy678175.00/cwt175.00–175.001,1872
Heifers—Medium and Large 1-2699205.00/cwt205.00–205.001,4334
Heifers—Medium and Large 2700165.00/cwt165.00–165.001,1551
Heifers—Medium and Large 1722210.00/cwt210.00–210.001,51622
Heifers—Medium and Large 1Fleshy755169.00/cwt169.00–169.001,2767
Heifers—Medium and Large 1-2781161.74/cwt160.00–163.001,2637
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 1-2409240.60/cwt235.00–242.509844
Bulls—Medium and Large 1-2480240.00/cwt240.00–240.001,1523
Bulls—Medium and Large 2533215.00/cwt215.00–215.001,1462
Bulls—Medium and Large 1760196.00/cwt196.00–196.001,4901
Bulls—Medium and Large 1817176.00/cwt176.00–176.001,4383
Bulls—Medium and Large 1905169.00/cwt169.00–169.001,5291
Bulls—Medium and Large 1-2995156.00/cwt156.00–156.001,5521
Bulls—Large 1-21,105128.00/cwt128.00–128.001,4141
Bulls—Large 11,110139.00/cwt139.00–139.001,5431
Bulls—Large 11,178139.00/cwt139.00–139.001,6372
Bulls—Large 11,222131.84/cwt131.00–133.501,6113
Bulls—Large 11,252129.50/cwt129.50–129.501,6213
Feeder Cattle · Dairy Steers2 lots · lightest first
Dairy Steers—Large 1-2683199.00/cwt199.00–199.001,35924
Dairy Steers—Large 1-2850180.00/cwt180.00–180.001,53020
Feeder Cattle · Dairy Heifers2 lots · lightest first
Dairy Heifers—Large 1-2679167.00/cwt167.00–167.001,13412
Dairy Heifers—Large 1-2779168.50/cwt168.50–168.501,31311
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,427116.96/cwt109.00–125.001,6699
Bulls——Return to Feed1,439109.15/cwt103.00–112.001,57110
Bulls——1,616104.64/cwt92.00–111.001,6917
Bulls——1,793116.66/cwt111.00–127.002,09220
Bulls——1,919135.65/cwt127.00–146.002,60310
Bulls——Heavy Weight2,555129.00/cwt129.00–129.003,2961
Slaughter Cattle · Cows19 lots · lightest first
Cows—Lean 85-90%Light Weight93778.81/cwt74.00–85.007385
Cows—Lean 85-90%Light Weight95587.00/cwt87.00–87.008312
Cows—Lean 85-90%Light Weight97073.00/cwt73.00–73.007081
Cows—Lean 85-90%1,14883.62/cwt76.00–86.5096033
Cows—Lean 85-90%Return to Feed1,18096.49/cwt96.00–97.001,1392
Cows—Lean 85-90%1,185100.72/cwt100.00–102.001,1943
Cows—Lean 85-90%1,19389.17/cwt86.50–95.001,06472
Cows—Lean 85-90%Return to Feed1,20389.43/cwt85.00–95.001,07644
Cows—Boner 80-85%1,37387.23/cwt84.00–89.001,19815
Cows—Boner 80-85%1,40093.31/cwt89.00–100.501,30661
Cows—Boner 80-85%Return to Feed1,40194.19/cwt91.00–100.001,32045
Cows—Boner 80-85%1,440104.72/cwt102.00–110.001,5085
Cows—Boner 80-85%Return to Feed1,44589.50/cwt89.50–89.501,2932
Cows—Boner 80-85%Return to Feed1,459103.00/cwt103.00–103.001,5035
Cows—Breaker 75-80%Return to Feed1,57798.90/cwt96.00–100.501,5606
Cows—Breaker 75-80%1,615103.73/cwt101.50–108.001,67511
Cows—Breaker 75-80%1,64897.27/cwt94.00–100.501,60325
Cows—Breaker 75-80%Return to Feed1,65693.40/cwt93.00–93.501,5475
Cows—Breaker 75-80%1,75390.06/cwt87.00–93.501,57910
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium 1685152.50/cwt152.50–152.501,0451
Stock Cows—Medium and Large 1-292499.01/cwt93.00–104.009155
Stock Cows—Medium and Large 11,004160.75/cwt125.00–197.001,614163
Stock Cows—Medium and Large 1-21,071128.46/cwt120.00–151.001,3766
Stock Cows—Medium and Large 11,125114.36/cwt90.00–146.001,28784
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,3551,750.00/head1,750.00–1,750.001,7503

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.