Sale reports / Montana / Public Auction Yards / 2023-11-01

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Nov 1
● Final75 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
595 head
▲ 130 vs last sale 465▼ 236 vs year ago 831 · −28.4%
Slaughter Cattle receipts
787 head
▲ 172 vs last sale 615▼ 411 vs year ago 1,198 · −34.3%
Replacement Cattle receipts
262 head
▲ 60 vs last sale 202▼ 226 vs year ago 488 · −46.3%
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Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were too lightly tested last sale or this sale to develop any market trend. Quality was mostly plain to average today and mostly offered in very small packages or as singles. Demand for feeders was mostly light. Country and pen conditions are muddy following last weeks snow. Most calves were dirty this week and buyers discounted calves as a result. Market activity was mostly slow. Weigh up cows sold on mostly moderate to good demand and moderate to heavy offerings. Slaughter cows sold 2.00-4.00 higher on boning cows and 1.00-3.00 higher on lean cows. Breaking slaughter cows were too lightly tested to trend as most were purchased to feed this week. Demand for feeding cows was good to very good. Buyer participation was very good with as many as 8 buyers actively bidding on cows to return to feed throughout the sale. Thin cows purchased to feed or turn out on corn stalks this winter sold 2.00-4.00 higher. High quality feeding cows suitable to feed to premium white sold 1.00-3.00 higher. Weigh up conditions were average to below average this sale, with most cows pushing heavy amounts of fill. Slaughter bulls sold mostly 2.00-4.00 higher. Cow quality today was mostly average to attractive. Young age cows sold mostly 10.00-15.00 lower. Demand for these offerings was mostly moderate from rebreed buyers and light to moderate from feeding buyers.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $230.90/cwt on 218 head.
Average price
$230.90
218 head · 633 lb average
Value per head Derived
$1,462
Price × average weight ÷ 100
Grade differential Derived
$1
per head · Medium and Large 1 over Medium 1-2
$18.21/cwt at this weight
vs the market
−24.89
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1636233.211,482163
Medium 1516233.001,2025thin
Medium and Large 1-2627224.701,40842
Medium 1-2689215.001,4818thin
One grade step is worth $18.21/cwt here — about $1 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 sale218 hd
230.90
—
MT average4 barns · 1,614 hd
255.78
−24.89
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—Low1,866106.011,97839
CowsBreaker 75-80%Average1,604100.791,61670
CowsBoner 80-85%High1,42593.551,333229
CowsLean 85-90%Low1,20384.131,012195

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,087$1,90711
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,090$1,7501thin
Bred Cows1st/2nd Stage (1-6 mo)Aged (>8 yrs)1,284$1,31016
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,314$1,29810
Bred Cows1st Stage (1-3 mo)Aged (>8 yrs)1,292$1,23710

Every lot

75 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 1-2Unweaned325335.00/cwt335.00–335.001,0891
Steers—Medium and Large 1-2Unweaned395322.50/cwt322.50–322.501,2741
Steers—Medium and Large 1-2Unweaned411327.50/cwt327.50–327.501,3464
Steers—Medium and Large 1Unweaned474303.36/cwt298.00–310.001,43811
Steers—Medium and Large 1-2Unweaned493272.00/cwt272.00–272.001,3416
Steers—Medium and Large 1Unweaned508290.40/cwt290.00–292.501,47516
Steers—Medium and Large 1-2Unweaned514269.48/cwt265.00–274.001,3858
Steers—Medium and Large 1-2Full518245.00/cwt245.00–245.001,2692
Steers—Medium and Large 1-2Unweaned570250.43/cwt245.00–260.001,42732
Steers—Medium 1Unweaned611243.00/cwt243.00–243.001,48510
Steers—Medium and Large 1-2Unweaned613240.00/cwt240.00–240.001,4712
Steers—Medium and Large 1Unweaned640248.00/cwt248.00–248.001,5871
Steers—Medium and Large 1-2Unweaned653227.50/cwt227.50–227.501,4864
Steers—Medium and Large 1Unweaned661242.31/cwt237.00–247.001,60222
Steers—Large 1Unweaned676231.00/cwt231.00–231.001,5626
Steers—Large 1Unweaned715228.00/cwt228.00–228.001,6304
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 1-2Unweaned447252.50/cwt252.50–252.501,1294
Heifers—Medium and Large 1Unweaned448275.00/cwt275.00–275.001,2324
Heifers—Medium and Large 1Unweaned461270.00/cwt270.00–270.001,2454
Heifers—Medium and Large 1-2Full472222.50/cwt222.50–222.501,0507
Heifers—Medium 1Unweaned516233.00/cwt233.00–233.001,2025
Heifers—Medium and Large 1Unweaned520254.15/cwt252.00–255.001,32218
Heifers—Medium and Large 1-2Unweaned541243.00/cwt243.00–243.001,3157
Heifers—Medium and Large 1-2Unweaned555230.00/cwt230.00–230.001,2776
Heifers—Medium and Large 1Unweaned560236.54/cwt230.00–240.501,32537
Heifers—Medium and Large 1-2613216.00/cwt216.00–216.001,3243
Heifers—Medium and Large 1Unweaned636230.52/cwt222.00–234.001,46678
Heifers—Medium 1-2689215.00/cwt215.00–215.001,4818
Heifers—Medium and Large 1Unweaned710217.00/cwt217.00–217.001,5412
Heifers—Medium and Large 1-2780212.50/cwt212.50–212.501,6582
Heifers—Medium and Large 1-2810209.55/cwt205.00–210.001,69711
Heifers—Medium and Large 1-2865208.00/cwt208.00–208.001,7991
Heifers—Medium and Large 1873212.50/cwt212.50–212.501,8552
Heifers—Medium and Large 1922208.50/cwt208.50–208.501,9229
Heifers—Medium and Large 1-2940203.00/cwt203.00–203.001,9081
Heifers—Medium and Large 1950210.00/cwt210.00–210.001,9951
Heifers—Medium and Large 1Full984197.50/cwt197.50–197.501,9438
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1Unweaned640219.00/cwt219.00–219.001,4023
Bulls—Large 1-21,155157.50/cwt157.50–157.501,8191
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,780104.00/cwt104.00–104.001,8512
Bulls——1,803103.56/cwt90.00–106.001,86726
Bulls——1,918109.37/cwt107.00–111.502,0987
Bulls——2,135125.13/cwt123.50–126.002,6723
Bulls——Heavy Weight2,50593.00/cwt93.00–93.002,3301
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight90571.00/cwt71.00–71.006431
Cows—Lean 85-90%1,15771.82/cwt60.00–75.0083119
Cows—Lean 85-90%Return to Feed1,17184.42/cwt82.00–87.0098920
Cows—Lean 85-90%Return to Feed1,20690.46/cwt86.00–97.001,09165
Cows—Lean 85-90%1,20680.04/cwt74.00–86.0096568
Cows—Lean 85-90%Return to Feed1,260103.00/cwt103.00–103.001,2981
Cows—Lean 85-90%1,26888.36/cwt86.50–93.501,12021
Cows—Boner 80-85%Return to Feed1,38789.63/cwt82.00–94.001,24360
Cows—Boner 80-85%Return to Feed1,420107.32/cwt105.00–109.001,5248
Cows—Boner 80-85%Return to Feed1,43399.92/cwt94.00–104.501,43290
Cows—Boner 80-85%1,43485.87/cwt80.00–91.001,23152
Cows—Boner 80-85%1,47875.68/cwt75.00–77.001,1193
Cows—Boner 80-85%1,49293.78/cwt93.00–95.501,39916
Cows—Breaker 75-80%Return to Feed1,571100.02/cwt95.50–104.001,57149
Cows—Breaker 75-80%1,59799.26/cwt94.00–101.501,58511
Cows—Breaker 75-80%Return to Feed1,758106.20/cwt105.00–109.001,8678
Cows—Breaker 75-80%1,818106.50/cwt106.50–106.501,9362
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Small and Medium 279175.00/cwt75.00–75.0059318
Bred Cows—Medium and Large 11,0871,906.60/head1,900.00–1,925.001,90711
Bred Cows—Medium and Large 11,0901,750.00/head1,750.00–1,750.001,7501
Bred Cows—Medium and Large 1Broken Mouth1,2841,310.00/head1,310.00–1,310.001,31016
Bred Cows—Medium and Large 1Broken Mouth1,2921,236.92/head1,225.00–1,250.001,23710
Bred Cows—Medium and Large 1Broken Mouth1,3141,298.34/head1,225.00–1,325.001,29810
Bred Cows—Medium and Large 11,43991.76/cwt90.50–99.001,32024
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 1-2Thin Fleshed895112.40/cwt110.00–115.001,0062
Stock Cows—Medium and Large 1-2945120.00/cwt120.00–120.001,1341
Stock Cows—Medium and Large 11,004153.84/cwt112.00–189.001,54563
Stock Cows—Medium and Large 1Thin Fleshed1,052106.00/cwt106.00–106.001,1153
Stock Cows—Medium and Large 1-2Thin Fleshed1,06586.00/cwt86.00–86.009161
Stock Cows—Medium and Large 1-21,06996.38/cwt91.00–102.501,03015
Stock Cows—Medium and Large 11,101115.47/cwt93.00–145.001,27176

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.