Sale reports / Montana / Public Auction Yards / 2023-09-27

Public Auction Yards

Name: Public Auction Yards livestock auction prices — 2023-09-27
Creator: RaisedBeef
Published: 2023-09-27

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Sep 27

● Final47 lots reportedUSDA AMS · slug 1774

← Sep 20Sep 27Oct 4 →

Feeder Cattle receipts

176 head

▼ 1,194 vs last sale 1,370▼ 262 vs year ago 438 · −59.8%

Slaughter Cattle receipts

347 head

▲ 127 vs last sale 220▲ 56 vs year ago 291 · +19.2%

Replacement Cattle receipts

113 head

▲ 93 vs last sale 20▼ 214 vs year ago 327 · −65.4%

Also sold hereRegular saleFri Oct 30, 2026

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers were too lightly tested last sale to develop any market trend. Yearling heifers were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Most offerings sold in small packages or as singles this sale. Demand for feeders was light to moderate as not enough feeder cattle were offered to put together loads. Quality this week was mostly plain to average. CME positions have sold off sharply over the past few days and buyers showed slightly lighter demand for all feeder cattle on offer. Market activity was mostly moderate this sale. Weigh up cows sold on mostly moderate demand for light offerings. Slaughter cows sold on lighter demand this week as packers purchased most cows to feed. Slaughter cows sold mostly 1.00-2.00 lower in a narrow comparison. Feeding cow demand was moderate to good this sale and most sound cows were purchased to feed. Feeding cows sold steady to weak. Slaughter bulls sold sold generally steady to weak in a narrow comparison. Weigh up conditions were mostly average to below average this week as many cows and bulls were packing some fill. Cow quality today was mostly average today. Several packages of young age cows sold this week. Demand for these offerings was mostly good as feeding and rebreeding buyers competed over attractive offerings. Not enough young age cows were seen last week to develop any market trend.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $219.82/cwt on 49 head.

Average price

$219.82

49 head · 829 lb average

Value per head Derived

$1,821

Price × average weight ÷ 100

Grade differential Derived

−$296

per head · Medium and Large 1 over Large 1

$32.26/cwt at this weight

vs the market

−26.48

vs MT average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	853	222.26	1,895	39
Medium and Large 1-2	942	216.00	2,035	3thin
Medium and Large 2	443	215.00	952	5thin
Large 1	1,153	190.00	2,191	2thin

One grade step is worth $32.26/cwt here — about −$296 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 sale49 hd

219.82

—

MT average3 barns · 680 hd

246.30

−26.48

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	High	1,685	110.31	1,859	50
Cows	Premium White 65-75%	Average	1,740	119.00	2,071	1thin
Cows	Breaker 75-80%	Low	1,582	109.71	1,736	21
Cows	Boner 80-85%	High	1,411	102.48	1,446	132
Cows	Lean 85-90%	Average	1,188	95.26	1,131	91

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	1st Stage (1-3 mo)	Young/Middle Aged (2-8 yrs)	1,283	$1,743	10
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	1,103	$1,718	11
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,293	$1,500	2thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged/Aged (>5 yrs)	1,365	$1,458	26
Bred Heifers	1st Stage (1-3 mo)	(<2 yrs)	1,003	$1,950	2thin

Every lot

47 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers6 lots · lightest first
Steers	—	Medium and Large 2Unweaned	267	250.00/cwt	250.00–250.00	668	5
Steers	—	Medium and Large 1-2Unweaned	296	355.00/cwt	355.00–355.00	1,051	4
Steers	—	Medium and Large 1-2Unweaned	466	295.00/cwt	295.00–295.00	1,375	4
Steers	—	Medium and Large 1Unweaned	587	278.13/cwt	270.00–280.00	1,633	10
Steers	—	Medium and Large 1-2Unweaned	608	245.00/cwt	245.00–245.00	1,490	3
Steers	—	Medium and Large 1	1,050	218.50/cwt	218.50–218.50	2,294	2
Feeder Cattle · Heifers9 lots · lightest first
Heifers	—	Medium and Large 2Unweaned	443	215.00/cwt	215.00–215.00	952	5
Heifers	—	Medium and Large 1Unweaned	566	246.71/cwt	225.00–262.00	1,396	10
Heifers	—	Medium and Large 1	817	224.00/cwt	224.00–224.00	1,830	6
Heifers	—	Medium and Large 1-2	918	218.00/cwt	218.00–218.00	2,001	2
Heifers	—	Medium and Large 1	941	217.36/cwt	217.00–218.00	2,045	11
Heifers	—	Medium and Large 1-2	990	212.00/cwt	212.00–212.00	2,099	1
Heifers	—	Medium and Large 1	1,007	208.00/cwt	208.00–208.00	2,095	9
Heifers	—	Medium and Large 1	1,093	198.00/cwt	198.00–198.00	2,164	3
Heifers	—	Large 1	1,153	190.00/cwt	190.00–190.00	2,191	2
Feeder Cattle · Bulls1 lot · lightest first
Bulls	—	Medium and Large 1	873	219.05/cwt	217.00–221.00	1,912	4
Slaughter Cattle · Bulls6 lots · lightest first
Bulls	—	—Return to Feed	1,430	106.54/cwt	105.00–110.00	1,524	20
Bulls	—	—Return to Feed	1,705	112.00/cwt	112.00–112.00	1,910	2
Bulls	—	—	1,788	102.45/cwt	95.00–110.00	1,832	9
Bulls	—	—	1,812	114.98/cwt	111.00–119.00	2,083	11
Bulls	—	—	1,957	123.55/cwt	122.00–130.00	2,418	7
Bulls	—	—Heavy Weight	2,520	109.00/cwt	109.00–109.00	2,747	1
Slaughter Cattle · Cows17 lots · lightest first
Cows	—	Lean 85-90%Light Weight	938	90.53/cwt	87.00–94.00	849	2
Cows	—	Lean 85-90%	1,136	72.54/cwt	68.00–78.00	824	5
Cows	—	Lean 85-90%	1,157	93.15/cwt	83.00–96.50	1,078	33
Cows	—	Lean 85-90%Return to Feed	1,167	95.08/cwt	87.00–97.00	1,110	11
Cows	—	Lean 85-90%Return to Feed	1,200	101.86/cwt	98.00–105.00	1,222	19
Cows	—	Lean 85-90%	1,272	98.56/cwt	97.00–102.00	1,254	21
Cows	—	Boner 80-85%	1,355	113.00/cwt	113.00–113.00	1,531	1
Cows	—	Boner 80-85%	1,390	102.06/cwt	100.00–108.00	1,419	44
Cows	—	Breaker 75-80%Return to Feed	1,400	109.00/cwt	109.00–109.00	1,526	3
Cows	—	Boner 80-85%	1,407	97.16/cwt	93.50–101.00	1,367	30
Cows	—	Boner 80-85%Return to Feed	1,420	105.54/cwt	103.00–108.50	1,499	46
Cows	—	Boner 80-85%Return to Feed	1,423	98.82/cwt	98.00–101.00	1,406	7
Cows	—	Breaker 75-80%Return to Feed	1,560	111.00/cwt	111.00–111.00	1,732	14
Cows	—	Boner 80-85%Return to Feed	1,570	115.60/cwt	113.00–119.00	1,815	4
Cows	—	Premium White 65-75%	1,740	119.00/cwt	119.00–119.00	2,071	1
Cows	—	Breaker 75-80%	1,748	112.75/cwt	111.50–114.00	1,971	2
Cows	—	Breaker 75-80%	1,845	98.66/cwt	94.00–103.00	1,820	2
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows	—	Medium and Large 1-2	940	135.00/cwt	135.00–135.00	1,269	1
Stock Cows	—	Medium and Large 1	1,128	146.22/cwt	133.00–193.00	1,649	45
Stock Cows	—	Medium and Large 1	1,279	112.43/cwt	106.00–116.50	1,438	7
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers	—	Medium and Large 1	1,003	1,950.00/head	1,950.00–1,950.00	1,950	2
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows	—	Medium and Large 1	1,103	1,718.29/head	1,675.00–1,750.00	1,718	11
Bred Cows	—	Medium and Large 1	1,283	1,742.70/head	1,700.00–1,775.00	1,743	10
Bred Cows	—	Medium and Large 1	1,293	1,500.00/head	1,500.00–1,500.00	1,500	2
Bred Cows	—	Medium and Large 1	1,365	1,458.23/head	1,350.00–1,500.00	1,458	26

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.

Montana feeder prices, every weight →Every state and region →

Public Auction Yards Livestock Cattle Auction - Billings, MT (Wed)

Wed Sep 27, 2023

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Billings, MT (LS-BL)

Feeder CattleReceipts 176Last week 1,370Year ago 438

Slaughter CattleReceipts 347Last week 220Year ago 291

Replacement CattleReceipts 113Last week 20Year ago 327

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
21	—	1,272	97.00–102.00	98.56
5	—	1,136	68.00–78.00	72.54
33	—	1,157	83.00–96.50	93.15

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,845	94.00–103.00	98.66
2	—	1,748	111.50–114.00	112.75

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt
11	—	1,167	87.00–97.00	95.08
19	—	1,200	98.00–105.00	101.86

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt
3	—	1,400	109.00	109.00
14	—	1,560	111.00	111.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,355	113.00	113.00
30	—	1,407	93.50–101.00	97.16
44	—	1,390	100.00–108.00	102.06

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
2	—	938	87.00–94.00	90.53

Head	Wt range	Avg wt	Price range	Avg price
Cows — Premium White 65-75%$ per cwt · actual wt
1	—	1,740	119.00	119.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt
7	—	1,423	98.00–101.00	98.82
46	—	1,420	103.00–108.50	105.54
4	—	1,570	113.00–119.00	115.60

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
7	—	1,957	122.00–130.00	123.55
9	—	1,788	95.00–110.00	102.45
11	—	1,812	111.00–119.00	114.98

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Heavy Weight$ per cwt · actual wt
1	—	2,520	109.00	109.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Return to Feed$ per cwt · actual wt
2	—	1,705	112.00	112.00
20	—	1,430	105.00–110.00	106.54

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1$ per cwt · actual wt
(<2 yrs)	Open	45	—	1,128	133.00–193.00	146.22
Young (2-4 yrs)	Open	7	—	1,279	106.00–116.50	112.43

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
(<2 yrs)	Open	1	—	940	135.00	135.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	1st Stage (1-3 mo)	2	—	1,003	1,950.00	1,950.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Young/Middle Aged (2-8 yrs)	1st Stage (1-3 mo)	10	—	1,283	1,700.00–1,775.00	1,742.70
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,293	1,500.00	1,500.00
Middle Aged/Aged (>5 yrs)	1st Stage (1-3 mo)	26	—	1,365	1,350.00–1,500.00	1,458.23
Young (2-4 yrs)	1st Stage (1-3 mo)	11	—	1,103	1,675.00–1,750.00	1,718.29

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	817	224.00	224.00
3	—	1,093	198.00	198.00
11	—	941	217.00–218.00	217.36
9	—	1,007	208.00	208.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt
10	—	566	225.00–262.00	246.71

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2 · Unweaned$ per cwt · actual wt
5	—	443	215.00	215.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Large 1$ per cwt · actual wt
2	—	1,153	190.00	190.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
2	—	918	218.00	218.00
1	—	990	212.00	212.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt
4	—	466	295.00	295.00
3	—	608	245.00	245.00
4	—	296	355.00	355.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2 · Unweaned$ per cwt · actual wt
5	—	267	250.00	250.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	1,050	218.50	218.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt
10	—	587	270.00–280.00	278.13

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	873	217.00–221.00	219.05

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.