Sale reports / Montana / Public Auction Yards / 2024-05-15

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 15
● Final83 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
1,673 head
▲ 1,661 vs last sale 12▼ 874 vs year ago 2,547 · −34.3%
Slaughter Cattle receipts
222 head
▼ 11 vs last sale 233▲ 82 vs year ago 140 · +58.6%
Replacement Cattle receipts
58 head
▼ 343 vs last sale 401▼ 141 vs year ago 199 · −70.9%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle offerings were too lightly tested the last two sales to develop any market trend. Demand was mostly good to very good for today sale. Most feeders were offered on moderate sized packages with several load lots and partial load lots seen. Quality this sale was mostly plain to average with a few attractive quality consignments seen. Most cattle were backgrounded cattle that were purchased earlier in the year or last fall. Most of these offerings were specifically developed for grass. A large crowd was on hand for todays sale and a good mix of order buyers and ranchers were on hand actively bidding on offerings. Market activity was mostly active. Weigh up cows sold on good to very good demand for light offerings. Packers showed very good demand for cows for immediate harvest with cows going to slaughter in several different states. Several packers were present this week with some buying over the internet. Slaughter cows sold mostly steady on breaking cows, boing and lean cows sold steady to 2.00 higher. Feeding cows sold mostly steady to 2.00 higher, in a narrow comparison. Cow quality was average to attractive today. Weigh up conditions were mostly average. Slaughter bulls sold steady to firm in a narrow comparison. Several very high yielding bulls were seen this sale and these offerings were met with very good demand. Young age cows sold generally steady. Cows which lost calves sold with the best demand again this week. Feeding quality cows sold at a discount to cows suitable to rebreed. Quality this week was mostly average to attractive.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $291.54/cwt on 426 head. That ranks 1 of 19 comparable sales and sits −103.92 against this barn's trailing median of $395.45.
Average price
$291.54
426 head · 561 lb average
Value per head Derived
$1,636
Price × average weight ÷ 100
Grade differential Derived
$542
per head · Medium and Large 1 over Medium 1-2
$72.27/cwt at this weight
vs the market
+1.96
vs MT average
+21.54 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1574301.271,729319
Medium 1512289.971,48549
Medium and Large 1-2569278.651,58612thin
Large 1-2598230.001,3753thin
Medium 1-2518229.001,18643
One grade step is worth $72.27/cwt here — about $542 a head. Across this sale the premium is widest at 400–500 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 sale426 hd
291.54
—
MT average3 barns · 514 hd
289.58
+1.96
National average167 barns · 11,471 hd
270.00
+21.54
This barn, trailing median19 sales
395.45
−103.92
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—Low1,747147.312,57326
CowsBreaker 75-80%High1,610136.132,1928thin
CowsBoner 80-85%Low1,390133.981,86378
CowsLean 85-90%Low1,159123.941,43772

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 Heifers3rd Stage (7-9 mo)(<2 yrs)1,123$2,3003thin

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 · Steers28 lots · lightest first
Steers400–450Medium 2413269.00/cwt269.00–269.001,1116
Steers400–450Medium and Large 2437300.00/cwt300.00–300.001,3118
Steers450–500Medium and Large 1464367.26/cwt365.00–370.001,70455
Steers450–500Medium and Large 1-2482341.18/cwt335.00–355.001,64416
Steers500–550Medium 2508243.91/cwt242.50–255.001,23935
Steers500–550Medium 1-2515277.50/cwt277.50–277.501,42910
Steers500–550Medium and Large 1537335.36/cwt334.00–340.001,80156
Steers500–550Medium and Large 1-2548325.00/cwt325.00–325.001,7815
Steers500–550Medium and Large 2548305.00/cwt305.00–305.001,6715
Steers550–600Medium and Large 1557335.71/cwt325.00–336.001,87039
Steers550–600Medium and Large 2567280.00/cwt280.00–280.001,58813
Steers550–600Medium 1-2585250.00/cwt250.00–250.001,4637
Steers550–600Medium and Large 1-2588304.33/cwt302.50–310.001,78912
Steers600–650Medium and Large 1614316.06/cwt309.00–321.001,94133
Steers600–650Medium and Large 1-2649286.00/cwt286.00–286.001,8564
Steers650–700Medium and Large 1-2671275.02/cwt270.00–277.001,84512
Steers650–700Medium and Large 1681278.77/cwt277.00–292.501,8989
Steers650–700Large 1-2692229.00/cwt229.00–229.001,5853
Steers700–750Medium and Large 1705272.00/cwt272.00–272.001,9182
Steers700–750Medium and Large 1-2727251.09/cwt249.00–263.001,82516
Steers750–800Medium and Large 1777253.00/cwt253.00–253.001,9665
Steers750–800Medium and Large 2778238.00/cwt238.00–238.001,8525
Steers750–800Medium and Large 1-2780249.00/cwt249.00–249.001,9421
Steers800–850Medium and Large 1-2820244.00/cwt244.00–244.002,00112
Steers800–850Medium and Large 1Fleshy824239.00/cwt239.00–239.001,96910
Steers900–950Medium and Large 2910212.00/cwt212.00–212.001,9294
Steers900–950Medium and Large 1Fleshy922226.00/cwt226.00–226.002,08410
Steers900–950Medium and Large 1925234.00/cwt234.00–234.002,1655
Feeder Cattle · Heifers23 lots · lightest first
Heifers300–350Medium 1-2310305.00/cwt305.00–305.0094612
Heifers350–400Medium and Large 1-2360317.00/cwt317.00–317.001,1416
Heifers350–400Medium 1-2361290.00/cwt290.00–290.001,04715
Heifers350–400Medium 1363312.50/cwt312.50–312.501,1345
Heifers400–450Medium 2441227.34/cwt225.00–230.001,00317
Heifers450–500Medium and Large 1474320.00/cwt320.00–320.001,5174
Heifers450–500Medium and Large 2480267.58/cwt265.00–270.001,28417
Heifers500–550Medium 1512289.97/cwt280.00–299.001,48549
Heifers500–550Medium 1-2518229.00/cwt229.00–229.001,18643
Heifers500–550Medium and Large 1520310.84/cwt309.00–311.001,61638
Heifers550–600Medium and Large 1-2569278.65/cwt272.00–288.001,58612
Heifers550–600Medium and Large 1581299.98/cwt293.00–309.001,743281
Heifers550–600Large 1-2598230.00/cwt230.00–230.001,3753
Heifers600–650Medium and Large 2608231.90/cwt231.00–245.001,41048
Heifers600–650Medium and Large 1617292.39/cwt280.00–300.001,80464
Heifers600–650Medium and Large 1-2641270.64/cwt251.00–274.001,73566
Heifers650–700Medium and Large 1660273.82/cwt261.00–279.001,807304
Heifers650–700Medium and Large 1-2664248.86/cwt247.50–250.001,65211
Heifers650–700Medium and Large 2685236.00/cwt236.00–236.001,61713
Heifers700–750Medium and Large 1727250.82/cwt249.00–255.001,82364
Heifers750–800Medium and Large 1767241.89/cwt241.00–242.001,8559
Heifers750–800Medium and Large 1-2783239.00/cwt239.00–239.001,8712
Heifers850–900Medium and Large 1-2850223.00/cwt223.00–223.001,8964
Feeder Cattle · Bulls2 lots · lightest first
Bulls700–750Medium and Large 1748240.00/cwt240.00–240.001,7954
Bulls900–950Medium and Large 1931214.09/cwt210.00–222.501,9936
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Light Weight1,313125.47/cwt120.00–133.001,6473
Bulls——Return to Feed1,355132.00/cwt132.00–132.001,7891
Bulls——1,434134.55/cwt133.00–136.001,9294
Bulls——1,718143.86/cwt140.00–153.002,4729
Bulls——2,102165.41/cwt161.00–170.003,4779
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%1,00283.28/cwt75.00–100.008343
Cows—Lean 85-90%Return to Feed1,118118.53/cwt114.00–124.001,32514
Cows—Lean 85-90%1,152110.51/cwt100.00–117.001,2737
Cows—Lean 85-90%1,165135.00/cwt135.00–135.001,5731
Cows—Lean 85-90%Return to Feed1,173133.75/cwt133.00–135.001,56912
Cows—Lean 85-90%Return to Feed1,185128.70/cwt124.00–132.001,52534
Cows—Lean 85-90%1,200125.00/cwt125.00–125.001,5001
Cows—Boner 80-85%Return to Feed1,363135.20/cwt131.00–136.001,84328
Cows—Boner 80-85%1,378134.79/cwt130.00–138.001,85737
Cows—Boner 80-85%Return to Feed1,413142.50/cwt142.50–142.502,0143
Cows—Boner 80-85%Return to Feed1,441124.45/cwt122.00–125.001,7935
Cows—Breaker 75-80%Return to Feed1,548132.50/cwt132.50–132.502,0512
Cows—Boner 80-85%1,570125.64/cwt124.00–126.001,9735
Cows—Breaker 75-80%Return to Feed1,585144.50/cwt144.50–144.502,2901
Cows—Breaker 75-80%1,610132.49/cwt132.00–133.002,1332
Cows—Breaker 75-80%1,623138.04/cwt137.00–139.002,2402
Cows—Breaker 75-80%Return to Feed1,735138.50/cwt138.50–138.502,4031
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 1-2Thin Fleshed880130.00/cwt130.00–130.001,1441
Stock Cows—Medium and Large 11,010170.53/cwt141.00–187.001,72211
Stock Cows—Medium and Large 1-21,040117.50/cwt117.50–117.501,2221
Stock Cows—Medium and Large 11,067184.08/cwt158.00–210.001,96426
Stock Cows—Medium and Large 1-21,165157.00/cwt157.00–157.001,8291
Stock Cows—Medium and Large 1Fleshy1,320150.00/cwt150.00–150.001,9801
Stock Cows—Medium and Large 1Fleshy1,630134.00/cwt134.00–134.002,1842
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,1232,300.00/head2,300.00–2,300.002,3003

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.