Sale reports / Montana / Public Auction Yards / 2024-03-13

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Mar 13
● Final83 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
333 head
▲ 308 vs last sale 25▼ 62 vs year ago 395 · −15.7%
Slaughter Cattle receipts
390 head
▼ 72 vs last sale 462▲ 58 vs year ago 332 · +17.5%
Replacement Cattle receipts
169 head
▼ 1,171 vs last sale 1,340▼ 21 vs year ago 190 · −11.1%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle offerings were were too lightly tested last week to develop any market trend. Demand for feeders was mostly moderate to good for light offerings. Quality today was plain to average. Most calves were offered in small packages or as singles. Demand for light weight calves was mostly good as many on these offerings can be purchased and fed to fit a differed contract. Demand for cattle suitable to run on grass was very good. Market activity today was mostly active despite a small buyer pool. Weigh up cows sold on mostly good to very good demand for light to moderate offerings. Cow quality was average to very attractive today. Packers showed good demand for all cows on offer this week, however demand for cows was lighter than last week. Packers passed on several sets of feeding cows as they sold to private feeders this week. Demand from feeding buyers was very good. Slaughter cows sold mostly steady on breaking cows, boning and lean cows sold mostly 1.00 to 3.00 higher. Feeding cows sold mostly 2.00-5.00 higher. Weigh up conditions were mostly average to above average today. Several sets of cows were sold late in the sale straight off the truck and these offered buyer very good weigh conditions. Slaughter bulls sold 2.00-3.00 higher in a narrow comparison. Several very attractive high yielding bulls were seen this sale. Young age cows were too lightly tested to develop a full market trend, however steady undertones were noticed. Demand from feeding and rebreed cow buyers continues to be good.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $336.94/cwt on 12 head. That ranks 1 of 10 comparable sales and sits −117.98 against this barn's trailing median of $454.92.
Average price
$336.94
12 head · 529 lb average
Value per head Derived
$1,782
Price × average weight ÷ 100
Grade differential Derived
$84
per head · Medium and Large 1 over Medium and Large 1-2
$23.93/cwt at this weight
vs the market
−3.42
vs MT average
+20.87 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1527340.931,79610thin
Medium and Large 1-2540317.001,7122thin
One grade step is worth $23.93/cwt here — about $84 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale12 hd
336.94
—
MT average3 barns · 370 hd
340.37
−3.42
National average167 barns · 13,796 hd
316.07
+20.87
This barn, trailing median10 sales
454.92
−117.98
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

10 sales
525476427379median 454.9203/1804/1506/2409/3010/21
Steers 500–600 lb: high $510.69, low $392.59, median $454.92 across 10 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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—High1,865123.402,30122
CowsBreaker 75-80%High1,625122.571,99230
CowsBoner 80-85%High1,403120.241,68688
CowsLean 85-90%Average1,126113.661,280217

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)Middle Aged/Aged (>5 yrs)1,455$2,43519
Bred Cows3rd Stage (7-9 mo)Middle Aged/Aged (>5 yrs)1,490$2,30014
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,230$1,87817
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,266$1,81919
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,568$2,4503thin

Every lot

83 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 · Steers20 lots · lightest first
Steers350–400Medium and Large 1373379.00/cwt379.00–379.001,4142
Steers350–400Medium and Large 1-2381365.00/cwt365.00–365.001,3917
Steers400–450Medium and Large 1-2422340.59/cwt337.50–362.501,43716
Steers400–450Medium and Large 1423375.00/cwt375.00–375.001,5862
Steers450–500Medium and Large 1485354.00/cwt354.00–354.001,7174
Steers450–500Medium and Large 1-2488337.50/cwt337.50–337.501,6475
Steers500–550Medium and Large 1511345.17/cwt340.00–350.001,7648
Steers500–550Medium and Large 1-2540317.00/cwt317.00–317.001,7122
Steers550–600Medium and Large 1590323.97/cwt320.00–328.001,9112
Steers600–650Medium and Large 1628311.33/cwt305.00–319.001,95512
Steers600–650Medium and Large 2631253.00/cwt253.00–253.001,5964
Steers650–700Medium and Large 1-2658277.00/cwt277.00–277.001,8232
Steers650–700Medium and Large 2665245.00/cwt245.00–245.001,6291
Steers650–700Medium and Large 1689284.45/cwt281.00–310.001,9608
Steers700–750Medium and Large 2745244.00/cwt244.00–244.001,8182
Steers750–800Medium and Large 1758259.00/cwt259.00–259.001,9639
Steers750–800Medium and Large 1-2788242.00/cwt240.00–243.001,9073
Steers800–850Medium and Large 1813240.82/cwt240.00–249.001,95822
Steers900–950Medium and Large 1Fleshy905219.00/cwt219.00–219.001,98215
Steers1050–1100Medium and Large 11,053209.00/cwt209.00–209.002,2012
Feeder Cattle · Heifers14 lots · lightest first
Heifers250–300Medium 1-2294330.00/cwt330.00–330.009705
Heifers350–400Medium and Large 2366282.00/cwt282.00–282.001,0324
Heifers350–400Medium 1398302.50/cwt302.50–302.501,2045
Heifers400–450Medium and Large 1-2410312.00/cwt312.00–312.001,2798
Heifers400–450Medium 1-2413265.00/cwt265.00–265.001,0942
Heifers400–450Medium and Large 2418297.00/cwt297.00–297.001,2419
Heifers450–500Medium and Large 1477317.29/cwt310.00–319.001,51313
Heifers450–500Medium and Large 1-2495305.00/cwt305.00–305.001,5101
Heifers500–550Medium and Large 1516300.13/cwt300.00–300.501,5494
Heifers500–550Medium and Large 1-2535295.00/cwt295.00–295.001,5783
Heifers550–600Medium and Large 1-2567269.91/cwt267.50–272.001,53012
Heifers550–600Medium and Large 1578277.00/cwt277.00–277.001,6013
Heifers600–650Medium and Large 1625267.14/cwt265.00–272.501,6707
Heifers650–700Medium and Large 1675259.90/cwt251.00–266.001,75417
Feeder Cattle · Bulls13 lots · lightest first
Bulls300–350Medium and Large 1-2317361.58/cwt360.00–365.001,1466
Bulls400–450Medium and Large 1418355.00/cwt355.00–355.001,4846
Bulls500–550Medium and Large 1-2502297.50/cwt297.50–297.501,4933
Bulls550–600Medium and Large 1-2575277.50/cwt277.50–277.501,5962
Bulls650–700Medium and Large 1690274.00/cwt274.00–274.001,8912
Bulls650–700Medium and Large 1-2692257.00/cwt257.00–257.001,7783
Bulls700–750Medium and Large 1718258.00/cwt258.00–258.001,8522
Bulls750–800Medium and Large 1-2763225.00/cwt225.00–225.001,7172
Bulls750–800Medium and Large 1767242.87/cwt240.00–245.001,86314
Bulls800–850Medium and Large 1-2835223.00/cwt223.00–223.001,8621
Bulls950–1000Medium and Large 1988210.00/cwt210.00–210.002,0752
Bulls1100–1150Large 11,100205.00/cwt205.00–205.002,2552
Bulls1200–1250Large 11,223176.00/cwt176.00–176.002,1523
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight880107.50/cwt107.50–107.509461
Bulls——Return to Feed1,705108.15/cwt105.00–118.001,8443
Bulls——1,739117.99/cwt110.00–122.002,0526
Bulls——1,809126.99/cwt123.00–131.002,2978
Bulls——2,360142.00/cwt142.00–142.003,3511
Bulls——Heavy Weight2,587139.00/cwt139.00–139.003,5963
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight895115.00/cwt115.00–115.001,0291
Cows—Lean 85-90%Light Weight96499.26/cwt90.00–105.0095713
Cows—Lean 85-90%1,06498.03/cwt90.00–105.501,04325
Cows—Lean 85-90%Return to Feed1,070101.81/cwt98.00–106.001,0892
Cows—Lean 85-90%1,09873.95/cwt70.00–78.008122
Cows—Lean 85-90%Return to Feed1,130116.16/cwt111.50–118.501,313102
Cows—Lean 85-90%1,160118.51/cwt118.00–119.001,3752
Cows—Lean 85-90%Return to Feed1,169120.67/cwt119.00–128.001,41159
Cows—Lean 85-90%1,224113.80/cwt112.00–115.001,39311
Cows—Boner 80-85%1,390118.80/cwt114.50–119.501,65111
Cows—Boner 80-85%Return to Feed1,391123.84/cwt123.00–126.001,72312
Cows—Boner 80-85%1,395106.97/cwt106.00–108.001,4923
Cows—Boner 80-85%Return to Feed1,399120.23/cwt116.00–122.501,68258
Cows—Breaker 75-80%Return to Feed1,468125.00/cwt125.00–125.001,8356
Cows—Breaker 75-80%Return to Feed1,474123.84/cwt123.00–124.001,8257
Cows—Boner 80-85%1,529123.60/cwt122.00–125.001,8904
Cows—Breaker 75-80%1,736118.75/cwt117.00–122.002,0627
Cows—Breaker 75-80%1,741124.50/cwt124.50–124.502,1688
Cows—Breaker 75-80%1,760116.00/cwt116.00–116.002,0421
Cows—Breaker 75-80%Return to Feed1,780117.00/cwt117.00–117.002,0831
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2877171.90/cwt170.00–172.501,5084
Stock Cows—Medium and Large 1Thin Fleshed940134.00/cwt134.00–134.001,2601
Stock Cows—Medium and Large 11,035180.61/cwt171.00–185.001,86917
Stock Cows—Medium and Large 11,126147.24/cwt123.00–180.001,65834
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1Non-Legible BANGS1,5682,450.00/head2,450.00–2,450.002,4503
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 1Thin Fleshed1,1521,750.00/head1,750.00–1,750.001,7508
Bred Cows—Medium and Large 1Broken Mouth1,2661,818.75/head1,775.00–2,025.001,81919
Bred Cows—Medium and Large 1Broken Mouth1,3001,992.10/head1,900.00–2,100.001,9929
Bred Cows—Medium and Large 11,4552,435.00/head2,435.00–2,435.002,43519
Bred Cows—Medium and Large 11,4902,300.00/head2,300.00–2,300.002,30014

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.