Sale reports / Montana / Public Auction Yards / 2023-05-03

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 3
● Final62 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
199 head
▼ 59 vs last sale 258▼ 163 vs year ago 362 · −45.0%
Slaughter Cattle receipts
435 head
▼ 202 vs last sale 637▲ 36 vs year ago 399 · +9.0%
Replacement Cattle receipts
201 head
▼ 84 vs last sale 285▼ 414 vs year ago 615 · −67.3%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested today or last week to develop an accurate market trend, however steady to higher undertones were noticed on steers and heifers. Demand for feeders was mostly very good for light offerings. Local ranchers looking for small quantities of feeders to run on grass helped push feeder cattle prices higher as they bid aggressively against order-buyers. Quality this sale was plain to average and most feeders were offered in very small packages or as singles. Market activity was mostly active this sale. Weigh up cows sold on mostly moderate to good demand for moderate offerings. Slaughter cows sold mostly 2.00 higher on breaking cows, boning and lean cows sold steady to 2.00 lower. Feeding cow demand was very good as packers opted to put most high quality cows away on feed. Feeding cows sold steady to firm. Slaughter cow prices slipped slightly this week as heavier supplies have been available to the packer due to seasonal culling at branding time. Additionally, pockets of drought across the country continues to push cows to market. Many ranchers are not holding on to cows that lost calves or come up open. Quality this week was mixed from plain to attractive. Weigh up conditions were mixed. Slaughter bulls sold generally steady. A few buyers purchased bulls to feed which helped create competition over lightweight and low dressing bulls. 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 $239.20/cwt on 69 head.
Average price
$239.20
69 head · 493 lb average
Value per head Derived
$1,178
Price × average weight ÷ 100
Grade differential Derived
−$205
per head · Medium 1 over Medium and Large 1-2
$27.64/cwt at this weight
vs the market
+4.85
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1387250.009689thin
Medium and Large 1503242.201,21746
Medium and Large 1-2527222.361,17214thin
One grade step is worth $27.64/cwt here — about −$205 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 sale69 hd
239.20
—
MT average3 barns · 2,021 hd
234.34
+4.85
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—High1,698117.922,002121
CowsBreaker 75-80%High1,68098.191,65033
CowsBoner 80-85%Low1,41194.111,328125
CowsLean 85-90%High1,19284.281,00583

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,311$2,1504thin
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,596$1,9007
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,503$1,8503thin

Every lot

62 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 · Steers9 lots · lightest first
Steers—Medium and Large 1555282.00/cwt282.00–282.001,5651
Steers—Medium and Large 1-2555250.00/cwt250.00–250.001,3881
Steers—Medium and Large 1610257.67/cwt255.00–260.001,57215
Steers—Medium and Large 1722234.00/cwt234.00–234.001,68917
Steers—Medium and Large 1-2729207.75/cwt207.00–210.001,5144
Steers—Medium and Large 2742168.00/cwt168.00–168.001,24711
Steers—Medium and Large 1753213.00/cwt213.00–213.001,6042
Steers—Medium and Large 1869189.00/cwt189.00–189.001,6425
Steers—Medium and Large 1-2884175.50/cwt175.50–175.501,5515
Feeder Cattle · Heifers10 lots · lightest first
Heifers—Medium and Large 1-2382240.00/cwt240.00–240.009175
Heifers—Medium 1387250.00/cwt250.00–250.009689
Heifers—Medium and Large 1449257.50/cwt257.50–257.501,1568
Heifers—Medium and Large 1Unweaned456230.00/cwt230.00–230.001,0494
Heifers—Medium and Large 1-2490230.00/cwt230.00–230.001,1271
Heifers—Medium and Large 1515242.58/cwt240.00–247.501,24930
Heifers—Medium and Large 1-2523225.48/cwt225.00–226.001,1792
Heifers—Medium and Large 1Unweaned543218.00/cwt218.00–218.001,1842
Heifers—Medium and Large 1585224.00/cwt224.00–224.001,3102
Heifers—Medium and Large 1-2656205.35/cwt200.00–208.001,3476
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1-2500252.50/cwt252.50–252.501,2632
Bulls—Medium and Large 1Unweaned547285.00/cwt285.00–285.001,5598
Bulls—Medium and Large 1562255.00/cwt255.00–255.001,4333
Bulls—Medium and Large 1-2603230.00/cwt230.00–230.001,3872
Bulls—Medium and Large 1661224.85/cwt220.00–228.001,4865
Bulls—Large 11,155144.00/cwt144.00–144.001,6632
Slaughter Cattle · Bulls9 lots · lightest first
Bulls——Return to Feed1,361106.48/cwt102.00–109.001,44914
Bulls——Return to Feed1,433116.90/cwt112.00–123.001,6757
Bulls——Return to Feed1,445137.89/cwt130.00–141.001,9933
Bulls——1,524101.47/cwt73.00–111.001,54615
Bulls——Natural1,588100.60/cwt96.00–108.001,5983
Bulls——Natural1,667114.38/cwt112.00–118.001,90711
Bulls——1,799115.67/cwt112.00–121.002,08124
Bulls——1,873129.57/cwt121.00–133.002,42741
Bulls——Natural2,032125.00/cwt125.00–125.002,5403
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Return to Feed1,11490.15/cwt84.00–94.501,0049
Cows—Lean 85-90%Return to Feed1,11883.85/cwt83.00–84.009376
Cows—Lean 85-90%1,19581.01/cwt72.00–84.0096845
Cows—Lean 85-90%Return to Feed1,21095.00/cwt95.00–95.001,1502
Cows—Lean 85-90%1,23554.00/cwt54.00–54.006671
Cows—Lean 85-90%1,23689.18/cwt84.00–93.001,10219
Cows—Lean 85-90%1,29097.00/cwt97.00–97.001,2511
Cows—Boner 80-85%Return to Feed1,37494.85/cwt87.00–100.001,30347
Cows—Boner 80-85%1,39791.21/cwt87.00–97.001,27432
Cows—Boner 80-85%1,44084.12/cwt75.00–86.001,21118
Cows—Boner 80-85%1,45899.50/cwt99.00–100.001,4512
Cows—Boner 80-85%Return to Feed1,469103.42/cwt100.50–105.001,51925
Cows—Boner 80-85%Return to Feed1,50088.00/cwt88.00–88.001,3201
Cows—Breaker 75-80%Return to Feed1,53196.77/cwt95.00–99.001,4829
Cows—Breaker 75-80%1,53888.00/cwt88.00–88.001,3533
Cows—Breaker 75-80%Return to Feed1,595101.00/cwt101.00–101.001,6111
Cows—Breaker 75-80%Return to Feed1,64592.00/cwt92.00–92.001,5131
Cows—Breaker 75-80%1,70097.67/cwt94.00–101.001,66011
Cows—Breaker 75-80%1,749104.00/cwt103.00–107.001,8194
Cows—Breaker 75-80%Heavy Weight2,030105.49/cwt104.00–106.002,1414
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,5031,850.00/head1,850.00–1,850.001,8503
Cow-Calf Pairs—Medium and Large 1-21,5961,900.00/head1,900.00–1,900.001,9007
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium 1Thin Fleshed725120.00/cwt120.00–120.008701
Stock Cows—Medium 1758152.50/cwt152.50–152.501,1562
Stock Cows—Medium and Large 11,014161.97/cwt140.00–180.001,64267
Stock Cows—Medium and Large 11,171109.17/cwt91.00–143.001,27848
Stock Cows—Medium and Large 11,18492.65/cwt85.00–100.001,0977
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,3112,150.00/head2,150.00–2,150.002,1504

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.