Sale reports / Montana / Public Auction Yards / 2024-05-01

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 1
● Final59 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
115 head
▼ 889 vs last sale 1,004▼ 84 vs year ago 199 · −42.2%
Slaughter Cattle receipts
295 head
▼ 37 vs last sale 332▼ 140 vs year ago 435 · −32.2%
Replacement Cattle receipts
564 head
▲ 239 vs last sale 325▲ 363 vs year ago 201 · +180.6%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle offerings were were too lightly tested today to develop any market trend. Demand for feeders was mostly moderate for light offerings. Quality today was mostly plain to average and limited demand throughout the sale. Most calves were offered in small packages or as singles this week. Market activity today was mostly moderate. Weigh up cows comprised most of the sale today. Cows sold on mostly good demand for light to moderate offerings. Demand from packers was stronger this sale compared to last week. Packers showed good demand for cows to feed and send to immediate slaughter. Slaughter cows sold steady on breaking cows, boning and lean cows sold steady to 4.00 higher. High dressing, high quality cows sold generally steady while low dressing cows all sold higher due to stronger demand from private feeding buyers. Feeding cows sold mostly steady to 4.00 higher, with the biggest increase in price coming from lower quality feeding cows. Cow quality was average to very attractive today with several strings of cows off reputation ranches. Weigh up conditions were average to above average as many cows have been out on grass and were very empty at sale time. Slaughter bulls sold 4.00-8.00 higher. Very good demand was seen for bulls for immediate slaughter. Young age cows sold generally steady. Cows which lost calves sold with the best demand this week. Feeding quality cows sold at a discount to cows suitable to rebreed. Quality this week was mostly average to very attractive.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $290.71/cwt on 8 head. That ranks 1 of 19 comparable sales and sits −104.75 against this barn's trailing median of $395.45.
Average price
$290.71
8 head · 541 lb average
Value per head Derived
$1,573
Price × average weight ÷ 100
Grade differential Derived
−$41
per head · Medium and Large 1 over Medium and Large 1-2
$20.81/cwt at this weight
vs the market
+7.72
vs MT average
+22.33 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1534293.311,5667thin
Medium and Large 1-2590272.501,6081thin
One grade step is worth $20.81/cwt here — about −$41 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 sale8 hd
290.71
—
MT average2 barns · 31 hd
282.99
+7.72
National average173 barns · 11,009 hd
268.38
+22.33
This barn, trailing median19 sales
395.45
−104.75
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

19 sales
478430382334median 395.4503/1104/1506/0309/0210/21
Heifers 500–600 lb: high $464.07, low $347.53, median $395.45 across 19 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—Average1,756141.682,48782
CowsBreaker 75-80%High1,599133.712,13717
CowsBoner 80-85%Low1,383131.131,814241
CowsLean 85-90%High1,183119.691,416144

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 PairsOpenMiddle Aged/Aged (>5 yrs)1,868$2,5504thin

Every lot

59 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 · Steers4 lots · lightest first
Steers500–550Medium and Large 1-2528320.00/cwt320.00–320.001,6902
Steers600–650Medium and Large 1644290.00/cwt290.00–290.001,8684
Steers700–750Medium and Large 1703268.00/cwt268.00–268.001,8843
Steers700–750Medium and Large 1-2717254.32/cwt253.00–255.001,8233
Feeder Cattle · Heifers8 lots · lightest first
Heifers500–550Medium and Large 1534293.31/cwt292.00–295.001,5667
Heifers550–600Medium and Large 1-2590272.50/cwt272.50–272.501,6081
Heifers600–650Medium and Large 1610274.00/cwt274.00–274.001,6712
Heifers650–700Medium and Large 1677252.77/cwt251.00–260.001,7115
Heifers650–700Medium and Large 1-2689218.00/cwt218.00–218.001,5024
Heifers700–750Medium and Large 1736246.00/cwt246.00–246.001,8114
Heifers750–800Medium and Large 1-2794215.98/cwt214.00–220.001,7156
Heifers850–900Medium and Large 1876214.00/cwt214.00–214.001,8754
Feeder Cattle · Bulls12 lots · lightest first
Bulls550–600Medium and Large 1550290.00/cwt290.00–290.001,5951
Bulls700–750Medium and Large 1733256.35/cwt248.00–265.001,8792
Bulls800–850Medium and Large 1805220.00/cwt220.00–220.001,7711
Bulls900–950Medium and Large 1925212.50/cwt212.50–212.501,9661
Bulls950–1000Medium and Large 1970219.00/cwt219.00–219.002,1241
Bulls1000–1050Large 11,031215.20/cwt212.50–216.002,2198
Bulls1050–1100Large 11,070207.00/cwt207.00–207.002,2151
Bulls1150–1200Large 11,173187.63/cwt184.00–192.002,2015
Bulls1200–1250Large 11,225180.00/cwt180.00–180.002,2051
Bulls1250–1300Large 1-21,275155.00/cwt155.00–155.001,9762
Bulls1250–1300Large 11,278171.00/cwt171.00–171.002,1852
Bulls1300–1350Large 11,310161.00/cwt161.00–161.002,1091
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Return to Feed1,270134.42/cwt122.50–140.001,7073
Bulls——Light Weight1,330128.00/cwt128.00–128.001,7021
Bulls——Return to Feed1,369150.00/cwt150.00–150.002,0545
Bulls——1,586131.37/cwt117.50–139.002,08434
Bulls——1,595129.58/cwt127.00–132.002,0672
Bulls——1,919146.51/cwt141.00–149.502,81221
Bulls——2,160158.39/cwt154.00–163.003,42116
Slaughter Cattle · Cows21 lots · lightest first
Cows—Lean 85-90%Light Weight80090.00/cwt90.00–90.007201
Cows—Lean 85-90%Light Weight910106.33/cwt104.00–107.509683
Cows—Lean 85-90%Light Weight955109.00/cwt109.00–109.001,0411
Cows—Lean 85-90%1,10294.79/cwt91.00–97.001,0456
Cows—Lean 85-90%1,143110.37/cwt105.00–119.001,26220
Cows—Lean 85-90%Return to Feed1,197128.91/cwt127.00–132.001,54315
Cows—Lean 85-90%Return to Feed1,201116.87/cwt112.00–120.001,40424
Cows—Lean 85-90%Return to Feed1,206124.63/cwt121.00–127.001,50367
Cows—Lean 85-90%1,253120.84/cwt117.00–125.001,5146
Cows—Lean 85-90%1,270127.00/cwt127.00–127.001,6131
Cows—Boner 80-85%Return to Feed1,365130.41/cwt124.00–135.001,780167
Cows—Boner 80-85%Return to Feed1,389136.92/cwt136.00–139.001,90237
Cows—Boner 80-85%Return to Feed1,415122.84/cwt118.00–125.001,7384
Cows—Boner 80-85%1,453128.04/cwt124.00–132.001,8607
Cows—Boner 80-85%1,455136.74/cwt136.50–138.501,99017
Cows—Boner 80-85%1,500116.20/cwt112.00–117.001,7439
Cows—Breaker 75-80%Return to Feed1,576134.45/cwt133.00–137.002,11911
Cows—Breaker 75-80%1,593135.37/cwt133.00–139.002,1563
Cows—Breaker 75-80%1,630140.00/cwt140.00–140.002,2821
Cows—Breaker 75-80%Return to Feed1,675129.00/cwt129.00–129.002,1611
Cows—Breaker 75-80%1,755119.00/cwt119.00–119.002,0881
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,8682,550.00/head2,550.00–2,550.002,5504
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium 1605170.00/cwt170.00–170.001,0291
Stock Cows—Medium and Large 1Thin Fleshed770180.00/cwt180.00–180.001,3862
Stock Cows—Medium and Large 1-2788187.50/cwt187.50–187.501,4783
Stock Cows—Medium and Large 1-2913134.10/cwt125.00–140.001,2248
Stock Cows—Medium and Large 1980185.28/cwt160.00–206.001,816141
Stock Cows—Medium and Large 11,120155.00/cwt120.00–184.501,73665

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.