Sale reports / Montana / Public Auction Yards / 2024-06-26

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jun 26
● Final59 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
217 head
▼ 482 vs last sale 699▼ 20 vs year ago 237 · −8.4%
Slaughter Cattle receipts
547 head
▼ 174 vs last sale 721▲ 41 vs year ago 506 · +8.1%
Replacement Cattle receipts
298 head
▼ 639 vs last sale 937▲ 181 vs year ago 117 · +154.7%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle offerings were too lightly tested to develop any market trend. Quality was mostly plain to average this week and mostly offered in small lots or as singles. Demand for limited offerings was good to very good. Market activity was mostly active with a moderate size crowd on hand actively bidding on offerings. Today and tomorrow are buyers last chance to buy cattle before the 4th of July holiday break, as no sales will be held next week. Weigh up cows comprised most of todays offering. Demand was good to very good for moderate to heavy offerings. Additional packers were in the market again this week and they showed very good demand for cows for immediate and for next week's harvest. All offerings sold steady to 2.00 higher. Demand for feeding cows was good as well, as packers and feeding buyers both competed over high quality offerings suitable to feed. Feeding cows sold mostly mostly 1.00-2.00 higher, however most offerings were purchased for harvest. Packer buyers trying to buy high quality cows to feed were forced to pay up for cows again this week in order to secure offerings. All thin light boning and lean cows are in the report as slaughter cows this week as the 4th of July holiday break starts next week. Cow quality was mostly average to attractive today. Weigh up conditions were mostly average to above average this week, however yielding conditions were not as attractive this week as they were last week. Many cows are starting to put on flesh from grass and some offerings are starting to hold some fill. Slaughter bulls sold 4.00-6.00 higher. Bulls Quality today was mostly attractive. Packers and some private feeding buyers opted to feed several sets of light to middle weight bulls again this week. Demand for bulls suitable to feed was very good and these offerings sold mostly 4.00-8.00 higher than last week. Young age cows suitable to feed or rebreed sold generally steady. Demand for very high quality offerings remains very good.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $288.88/cwt on 32 head. That ranks 1 of 19 comparable sales and sits −106.58 against this barn's trailing median of $395.45.
Average price
$288.88
32 head · 551 lb average
Value per head Derived
$1,591
Price × average weight ÷ 100
Grade differential Derived
$56
per head · Medium 1 over Medium and Large 2
$22.58/cwt at this weight
vs the market
−0.71
vs MT average
+19.60 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1527297.301,56715thin
Medium and Large 1596289.001,7228thin
Medium and Large 2550274.721,5119thin
One grade step is worth $22.58/cwt here — about $56 a head. Across this sale the premium is widest at 500–600 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 sale32 hd
288.88
—
MT average2 barns · 40 hd
289.58
−0.71
National average153 barns · 8,958 hd
269.28
+19.60
This barn, trailing median19 sales
395.45
−106.58
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—Average1,857175.163,25290
CowsBreaker 75-80%High1,614147.762,38544
CowsBoner 80-85%High1,406145.162,040264
CowsLean 85-90%Average1,192136.201,62483

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 Stage (4-6 mo)Young (2-4 yrs)1,243$2,0002thin
Cow-Calf Pairs1st Stage (1-3 mo)Young/Middle Aged (2-8 yrs)1,605$3,25011
Cow-Calf Pairs1st Stage (1-3 mo)Aged (>8 yrs)1,661$2,85013
Cow-Calf PairsOpenAged (>8 yrs)1,342$2,5755
Cow-Calf PairsOpenMiddle Aged/Aged (>5 yrs)1,457$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 · Steers5 lots · lightest first
Steers500–550Medium and Large 1-2540326.00/cwt326.00–326.001,7606
Steers550–600Medium and Large 1-2575310.00/cwt310.00–310.001,7832
Steers600–650Medium and Large 1621315.00/cwt315.00–315.001,95612
Steers700–750Medium and Large 1711284.00/cwt284.00–284.002,0196
Steers850–900Medium and Large 1-2892239.49/cwt239.00–242.502,1367
Feeder Cattle · Heifers14 lots · lightest first
Heifers100–150Medium and Large 1-2125325.00/head325.00–325.003251
Heifers400–450Medium 2428250.00/cwt250.00–250.001,0703
Heifers500–550Medium and Large 2521282.50/cwt282.50–282.501,4725
Heifers500–550Medium 1527297.30/cwt295.00–307.001,56715
Heifers550–600Medium and Large 2586265.00/cwt265.00–265.001,5534
Heifers550–600Medium and Large 1Full596289.00/cwt289.00–289.001,7228
Heifers600–650Medium and Large 1619285.00/cwt285.00–285.001,76414
Heifers650–700Medium and Large 1691258.79/cwt257.00–262.501,7886
Heifers750–800Medium and Large 1763247.00/cwt247.00–247.001,8856
Heifers800–850Medium and Large 1810241.00/cwt241.00–241.001,9528
Heifers850–900Medium and Large 1863231.69/cwt231.00–232.001,99910
Heifers850–900Large 1889224.00/cwt224.00–224.001,99116
Heifers900–950Medium and Large 1925219.00/cwt219.00–219.002,02617
Heifers950–1000Large 1982203.00/cwt203.00–203.001,9933
Feeder Cattle · Bulls5 lots · lightest first
Bulls50–100Medium and Large 1-268425.00/head425.00–425.004252
Bulls650–700Medium and Large 1680271.00/cwt271.00–271.001,8432
Bulls700–750Medium and Large 1720251.00/cwt251.00–251.001,8071
Bulls750–800Medium and Large 1787241.00/cwt241.00–241.001,8973
Bulls850–900Medium and Large 1898225.00/cwt225.00–225.002,0212
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,508166.19/cwt156.00–171.002,50614
Bulls——Return to Feed1,533142.77/cwt135.00–155.002,1893
Bulls——1,585144.78/cwt140.00–149.002,2952
Bulls——1,825168.32/cwt156.00–174.003,07221
Bulls——1,998183.71/cwt175.00–192.503,67150
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight920127.00/cwt127.00–127.001,1682
Cows—Lean 85-90%Light Weight960134.00/cwt134.00–134.001,2861
Cows—Lean 85-90%1,060111.00/cwt111.00–111.001,1771
Cows—Lean 85-90%Return to Feed1,120143.93/cwt142.00–146.001,6122
Cows—Lean 85-90%Return to Feed1,174126.89/cwt120.00–130.001,4903
Cows—Lean 85-90%1,181124.87/cwt119.00–130.001,4758
Cows—Lean 85-90%Return to Feed1,184135.84/cwt132.50–139.001,60814
Cows—Lean 85-90%1,206136.50/cwt130.00–140.001,64633
Cows—Lean 85-90%1,237143.79/cwt140.00–146.001,77919
Cows—Boner 80-85%Return to Feed1,361130.38/cwt123.00–136.001,7745
Cows—Boner 80-85%Return to Feed1,395142.16/cwt138.00–145.001,98328
Cows—Boner 80-85%1,401150.56/cwt147.00–154.502,10995
Cows—Boner 80-85%1,404133.68/cwt131.00–136.001,8776
Cows—Boner 80-85%1,406141.26/cwt137.00–147.001,986101
Cows—Boner 80-85%Return to Feed1,437148.88/cwt147.00–153.502,13929
Cows—Breaker 75-80%Return to Feed1,538145.00/cwt145.00–145.002,2302
Cows—Breaker 75-80%Return to Feed1,546150.44/cwt149.00–154.002,32619
Cows—Breaker 75-80%1,549151.69/cwt148.00–154.502,3507
Cows—Breaker 75-80%Return to Feed1,653134.99/cwt134.00–136.002,2312
Cows—Breaker 75-80%1,744144.39/cwt141.00–148.002,51814
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2602,250.00/head2,250.00–2,250.002,2501
Cow-Calf Pairs—Medium and Large 1-2Broken Mouth1,3422,575.00/head2,575.00–2,575.002,5755
Cow-Calf Pairs—Medium and Large 11,5232,650.00/head2,650.00–2,650.002,6503
Cow-Calf Pairs—Medium and Large 11,6053,250.00/head3,250.00–3,250.003,25011
Cow-Calf Pairs—Medium and Large 1Broken Mouth1,6612,850.00/head2,850.00–2,850.002,85013
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2958153.78/cwt150.00–157.501,4732
Stock Cows—Medium and Large 1-21,051159.99/cwt143.00–180.001,68110
Stock Cows—Medium and Large 11,071188.18/cwt149.00–201.002,015143
Stock Cows—Medium and Large 11,123160.67/cwt141.00–191.001,80461
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,2432,000.00/head2,000.00–2,000.002,0002

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.