Sale reports / Montana / Public Auction Yards / 2023-08-16

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Aug 16
● Final69 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
610 head
▲ 441 vs last sale 169▲ 415 vs year ago 195 · +212.8%
Slaughter Cattle receipts
330 head
▲ 53 vs last sale 277▲ 53 vs year ago 277 · +19.1%
Replacement Cattle receipts
69 head
▲ 21 vs last sale 48▲ 50 vs year ago 19 · +263.2%
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Reporter comment USDA

As filed

Compared to last week: Only two sales was held last week as auctions continue with summer sale schedules. Feeder steers were too lightly tested either this week or last week to develop an accurate market trend, however steady to firm undertones were noticed. Yearling heifers sold mostly 5.00-10.00 higher in a narrow comparison. Demand was mostly good on light offerings. Quality this week was mostly average, with a limited offering of attractive cattle seen. Flesh conditions were mostly light as most offerings were coming off grass. The cattle on feed report was released this past Friday and it showed cattle On feed at 2% below one year ago, Placements 8% below one year ago and Marketings 5% below last year. Market activity this week was mostly active with a large crowd on hand to bid on limited offerings. Weigh up cows sold on good to very good demand for light offerings. Packers opted to send the majority of cows to immediate harvest. Slaughter cows sold mostly steady on boning and breaking cows. Lean cows sold 1.00-2.00 lower. Lean cow quality was mixed this week as cattle in eastern Montana offered buyers much poor yields due to poor pasture and range conditions as grasshoppers ate much of the available feed. Feeding cows sold mostly steady to firm. Slaughter bulls sold steady to 1.00 lower. Young age cows suitable to feed or rebreed were too lightly tested this week and last to develop an accurate market trend, however steady undertones were noticed. Several buyers looking for rebreed and receipt cows were seen this week. Demand for this class of cows was very good.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $230.82/cwt on 337 head.
Average price
$230.82
337 head · 811 lb average
Value per head Derived
$1,871
Price × average weight ÷ 100
Grade differential Derived
−$768
per head · Medium 1 over Large 1
$54.84/cwt at this weight
vs the market
+5.20
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1549260.001,42722
Medium 1-2546237.501,29710thin
Medium and Large 1829231.781,921242
Medium and Large 1-2718224.471,61235
Large 11,070205.162,19528
One grade step is worth $54.84/cwt here — about −$768 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 sale337 hd
230.82
—
MT average2 barns · 497 hd
225.62
+5.20
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—High1,849117.812,17988
CowsBreaker 75-80%Average1,581112.991,78639
CowsBoner 80-85%High1,402109.941,54275
CowsLean 85-90%Very Low1,20096.271,15598

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
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,783$3,0004thin

Every lot

69 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 · Steers15 lots · lightest first
Steers—Medium and Large 1Unweaned425300.00/cwt300.00–300.001,2753
Steers—Medium 1582290.00/cwt290.00–290.001,68814
Steers—Medium and Large 1-2733254.36/cwt254.00–255.001,86411
Steers—Medium and Large 1748269.00/cwt269.00–269.002,0126
Steers—Medium and Large 1778257.25/cwt255.00–260.002,00112
Steers—Medium and Large 1-2785247.50/cwt240.00–250.001,9434
Steers—Medium and Large 1825247.45/cwt242.50–248.502,04115
Steers—Medium and Large 2855213.55/cwt202.50–215.001,8269
Steers—Medium and Large 1-2873223.00/cwt223.00–223.001,9473
Steers—Medium and Large 1882235.00/cwt235.00–235.002,0733
Steers—Medium and Large 1942228.00/cwt228.00–228.002,14820
Steers—Medium and Large 1958227.50/cwt227.50–227.502,1794
Steers—Large 11,024211.22/cwt210.00–214.002,16314
Steers—Large 11,170180.00/cwt180.00–180.002,1066
Steers—Large 11,280172.00/cwt172.00–172.002,2024
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium 1-2546237.50/cwt237.50–237.501,29710
Heifers—Medium 1549260.00/cwt260.00–260.001,42722
Heifers—Medium and Large 1-2619238.04/cwt225.00–242.001,47313
Heifers—Medium and Large 1636250.92/cwt250.00–251.001,59635
Heifers—Medium and Large 1671244.06/cwt242.00–249.001,63817
Heifers—Medium and Large 1-2714219.00/cwt219.00–219.001,56413
Heifers—Medium and Large 1742240.00/cwt240.00–240.001,7813
Heifers—Medium and Large 1754235.80/cwt235.75–236.001,77828
Heifers—Medium and Large 1-2770217.00/cwt217.00–217.001,6711
Heifers—Medium and Large 1831229.31/cwt227.00–232.501,90621
Heifers—Medium and Large 1-2838216.00/cwt216.00–216.001,8102
Heifers—Medium and Large 1861230.27/cwt226.00–231.001,98349
Heifers—Medium and Large 1-2893211.00/cwt211.00–211.001,8846
Heifers—Medium and Large 1Fancy903227.50/cwt227.50–227.502,05414
Heifers—Medium and Large 1938222.92/cwt213.00–228.002,09156
Heifers—Medium and Large 1986214.19/cwt214.00–214.502,11219
Heifers—Large 11,056209.43/cwt192.50–212.502,21220
Heifers—Large 11,105194.50/cwt194.50–194.502,1498
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1565245.00/cwt245.00–245.001,3844
Bulls—Medium and Large 1-2999189.00/cwt189.00–189.001,8884
Bulls—Large 11,159170.75/cwt161.00–174.001,9794
Bulls—Large 1-21,222143.47/cwt141.00–146.001,7536
Bulls—Large 11,240152.00/cwt152.00–152.001,8851
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Return to Feed1,628116.35/cwt115.50–117.001,8942
Bulls——Return to Feed1,660109.80/cwt107.00–114.001,8232
Bulls——1,702111.74/cwt103.00–115.001,90225
Bulls——Return to Feed1,805126.50/cwt126.50–126.502,2831
Bulls——1,892119.26/cwt115.00–124.002,25649
Bulls——2,123127.89/cwt123.50–135.002,7159
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight93390.28/cwt85.00–95.008422
Cows—Lean 85-90%Return to Feed1,02595.00/cwt95.00–95.009741
Cows—Lean 85-90%Return to Feed1,033114.14/cwt110.00–116.001,1793
Cows—Lean 85-90%1,095112.00/cwt112.00–112.001,2261
Cows—Lean 85-90%1,18192.42/cwt86.00–102.001,09153
Cows—Lean 85-90%1,213101.96/cwt100.00–106.001,23716
Cows—Lean 85-90%Return to Feed1,296100.20/cwt99.50–107.501,29921
Cows—Lean 85-90%1,30071.00/cwt71.00–71.009231
Cows—Boner 80-85%Return to Feed1,350116.47/cwt115.50–118.001,57212
Cows—Boner 80-85%1,388107.31/cwt104.00–112.501,48930
Cows—Boner 80-85%Return to Feed1,422112.54/cwt109.00–114.501,60024
Cows—Boner 80-85%1,46199.92/cwt91.00–105.001,4607
Cows—Boner 80-85%1,493114.26/cwt114.00–114.501,7062
Cows—Breaker 75-80%Return to Feed1,545113.57/cwt113.00–114.501,75519
Cows—Breaker 75-80%1,546113.54/cwt111.00–116.501,7557
Cows—Breaker 75-80%Return to Feed1,641116.05/cwt115.50–116.501,9047
Cows—Breaker 75-80%1,664106.95/cwt103.00–110.001,7806
Replacement Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 11,185175.00/cwt175.00–175.002,0743
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Large 1885146.00/cwt146.00–146.001,2921
Stock Cows—Medium and Large 1-2893101.00/cwt101.00–101.009023
Stock Cows—Medium and Large 1-2918130.00/cwt130.00–130.001,1932
Stock Cows—Large 1945119.00/cwt119.00–119.001,1251
Stock Cows—Medium and Large 11,045177.90/cwt131.00–212.001,85918
Stock Cows—Medium and Large 11,091125.90/cwt118.00–172.501,37418
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,7833,000.00/head3,000.00–3,000.003,0004

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.