Sale reports / Montana / Public Auction Yards / 2024-08-28

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Aug 28
● Final74 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
954 head
▲ 737 vs last sale 217▲ 230 vs year ago 724 · +31.8%
Slaughter Cattle receipts
303 head
▼ 53 vs last sale 356▼ 59 vs year ago 362 · −16.3%
Replacement Cattle receipts
21 head
▼ 53 vs last sale 74▲ 4 vs year ago 17 · +23.5%
View

Reporter comment USDA

As filed

Compared to last sale (7/31/24): The last sale was nearly a month ago so no true market comparisons can be made, however lower undertones were noticed on all offerings. CME positions took a nose dive at the end of July and the market has been adjusting to lower contract prices since then. Quality this week was mostly average to attractive. Many packages of yearlings were seen this week with some as big as a half a load. Flesh conditions were mostly light to moderate with most consignments coming off grass. Market activity was mostly active with active bidding seen both ringside as well as over the internet. Weigh up cows sold on mostly moderate to good demand for light to moderate offerings. Packers showed lighter demand for all offerings this week. Slaughter cows sold 3.00-6.00 lower on breaking cows, boning and lean cows sold 5.00-10.00 lower. Additional packer buyers that had been active in the market this summer were absent this sale and all cow prices moved lower as a result. Feeding cows sold on mostly good demand. Several private feeding cow buyers were in the market this week and helped keep prices from selling off sharply. Feeding cows sold mostly steady to 5.00 lower. Cow quality this sale was mostly average. Yielding conditions continue to deteriorate as dry conditions and big calves are pulling cow yields. Most cows were in lower body condition scores than last sale. Weigh conditions overall were mixed but most cows were pushing heavy amounts of fill. Slaughter bulls sold mostly 4.00-6.00 lower. Feeding demand caused bulls to sell unevenly at times as feeding bull buyers were mostly looking for lighter weight lower yielding bulls to put on feed and packer buyers showed strong demand for all bulls for immediate harvest. Quality today was mostly average for all bulls on offer. Feeding bulls sold steady to 4.00 lower. Young age cows suitable to feed or rebreed were too lightly tested to develop any market trend. Demand for very high quality offering was mostly good.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $238.00/cwt on 23 head. That ranks 1 of 19 comparable sales and sits −157.45 against this barn's trailing median of $395.45.
Average price
$238.00
23 head · 567 lb average
Value per head Derived
$1,349
Price × average weight ÷ 100
Grade differential Derived
−$32
per head · Medium and Large 1 over Medium 2
$5.00/cwt at this weight
vs the market
−20.50
vs MT average
−3.88 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1548242.001,3264thin
Medium 1-2570237.211,35114thin
Medium 2573237.001,3585thin
One grade step is worth $5.00/cwt here — about −$32 a head. Across this sale the premium is widest at 800–900 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 sale23 hd
238.00
—
MT average3 barns · 107 hd
258.50
−20.50
National average160 barns · 7,566 hd
241.88
−3.88
This barn, trailing median19 sales
395.45
−157.45
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—Low1,762153.062,69770
CowsBoner 80-85%Low1,417133.641,893124
CowsBreaker 75-80%Average1,633130.382,12919
CowsLean 85-90%Low1,194122.651,46456
Dairy CowsLean 85-90%Very Low1,414100.331,4183thin

Every lot

74 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 · Steers17 lots · lightest first
Steers300–350Medium and Large 1-2Unweaned341300.00/cwt300.00–300.001,0237
Steers400–450Medium and Large 1-2Unweaned425270.00/cwt270.00–270.001,1482
Steers500–550Medium and Large 1Unweaned508270.00/cwt270.00–270.001,37221
Steers500–550Medium and Large 1-2Unweaned528252.00/cwt252.00–252.001,3314
Steers550–600Medium and Large 1-2572252.00/cwt252.00–252.001,4416
Steers600–650Medium 1610258.00/cwt258.00–258.001,5743
Steers600–650Medium and Large 1-2623252.00/cwt252.00–252.001,57019
Steers650–700Medium and Large 1685261.98/cwt260.00–264.001,79516
Steers750–800Medium and Large 1778253.34/cwt250.50–260.501,97125
Steers750–800Medium and Large 1-2786243.50/cwt243.50–243.501,9144
Steers800–850Medium and Large 1-2815237.90/cwt236.00–240.001,93921
Steers800–850Medium and Large 1824244.80/cwt243.75–247.002,01772
Steers850–900Medium and Large 1-2870233.17/cwt231.50–236.002,02911
Steers950–1000Medium and Large 1959224.38/cwt222.00–225.002,1525
Steers950–1000Medium and Large 1-2992221.50/cwt221.50–221.502,1973
Steers1000–1050Medium and Large 11,030220.57/cwt220.00–222.002,2727
Steers1100–1150Large 11,136202.00/cwt202.00–202.002,2954
Feeder Cattle · Heifers20 lots · lightest first
Heifers350–400Medium and Large 1Unweaned384282.50/cwt282.50–282.501,0854
Heifers400–450Medium and Large 1Unweaned445270.00/cwt270.00–270.001,20216
Heifers500–550Medium 1-2533234.00/cwt234.00–234.001,2475
Heifers500–550Medium and Large 1Unweaned548242.00/cwt242.00–242.001,3264
Heifers550–600Medium 2573237.00/cwt237.00–237.001,3585
Heifers550–600Medium 1-2590239.00/cwt239.00–239.001,4109
Heifers650–700Medium 1653248.00/cwt248.00–248.001,61914
Heifers700–750Medium and Large 1-2715235.50/cwt235.00–236.001,6846
Heifers700–750Medium and Large 1733238.92/cwt238.00–241.001,75114
Heifers750–800Medium and Large 1778236.37/cwt232.00–240.001,83947
Heifers750–800Medium and Large 1-2779228.16/cwt227.00–230.001,77710
Heifers800–850Medium and Large 1828229.19/cwt227.00–230.001,89851
Heifers800–850Medium and Large 1-2847223.00/cwt223.00–223.001,8893
Heifers850–900Medium and Large 1-2872214.00/cwt214.00–214.001,8665
Heifers850–900Medium and Large 1873223.57/cwt221.00–226.001,95248
Heifers900–950Medium and Large 1919219.87/cwt214.00–224.002,02192
Heifers950–1000Medium and Large 1971212.67/cwt205.50–219.002,06555
Heifers1000–1050Large 1-21,010189.14/cwt182.00–191.001,9105
Heifers1000–1050Medium and Large 11,041197.86/cwt197.00–198.002,06014
Heifers1050–1100Large 11,070197.37/cwt194.00–198.502,11219
Feeder Cattle · Bulls5 lots · lightest first
Bulls150–200Medium and Large 1-2Unweaned178225.00/head225.00–225.002253
Bulls1000–1050Large 11,043212.50/cwt212.50–212.502,2163
Bulls1050–1100Large 11,085210.00/cwt210.00–210.002,2791
Bulls1150–1200Large 11,175200.00/cwt200.00–200.002,3501
Bulls1200–1250Large 11,200190.00/cwt190.00–190.002,2801
Feeder Cattle · Beef/Dairy Heifers3 lots · lightest first
Beef/Dairy Heifers700–750Large 2718230.00/cwt230.00–230.001,6515
Beef/Dairy Heifers750–800Large 1-2756237.00/cwt237.00–237.001,7928
Beef/Dairy Heifers800–850Large 1-2834227.95/cwt225.00–229.001,90162
Feeder Cattle · Beef/Dairy Steers3 lots · lightest first
Beef/Dairy Steers700–750Large 1-2701255.50/cwt255.50–255.501,7916
Beef/Dairy Steers800–850Large 1-2836237.00/cwt237.00–237.001,98132
Beef/Dairy Steers950–1000Large 1-2981222.00/cwt222.00–222.002,1788
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,338128.87/cwt125.00–133.001,7242
Bulls——Return to Feed1,534158.56/cwt152.00–163.002,43219
Bulls——1,822144.39/cwt128.00–152.002,63126
Bulls——Return to Feed1,850148.93/cwt148.00–150.002,7552
Bulls——1,878157.48/cwt153.00–165.002,95714
Bulls——2,020169.61/cwt166.00–173.003,4267
Slaughter Cattle · Cows15 lots · lightest first
Cows—Lean 85-90%Light Weight910115.00/cwt115.00–115.001,0471
Cows—Lean 85-90%Return to Feed1,117124.86/cwt124.00–125.001,3958
Cows—Lean 85-90%1,161108.73/cwt100.00–117.001,26218
Cows—Lean 85-90%1,231121.05/cwt119.00–124.001,4907
Cows—Lean 85-90%Return to Feed1,250134.09/cwt126.00–134.501,67622
Cows—Boner 80-85%Return to Feed1,356125.70/cwt115.00–132.001,70416
Cows—Boner 80-85%Return to Feed1,405138.12/cwt131.00–143.001,94181
Cows—Boner 80-85%1,425114.83/cwt107.00–122.001,63615
Cows—Boner 80-85%1,438145.00/cwt145.00–145.002,0854
Cows—Boner 80-85%Return to Feed1,508146.56/cwt144.00–149.002,2102
Cows—Breaker 75-80%1,610112.00/cwt112.00–112.001,8031
Cows—Breaker 75-80%1,622129.16/cwt121.00–133.002,09513
Cows—Breaker 75-80%Return to Feed1,642136.55/cwt135.00–137.002,2424
Cows—Boner 80-85%1,669129.44/cwt127.00–133.002,1606
Cows—Breaker 75-80%1,765140.00/cwt140.00–140.002,4711
Slaughter Cattle · Dairy Cows2 lots · lightest first
Dairy Cows—Lean 85-90%1,378109.00/cwt109.00–109.001,5022
Dairy Cows—Lean 85-90%1,48583.00/cwt83.00–83.001,2331
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 11,028164.70/cwt157.00–171.001,6934
Stock Cows—Medium and Large 1-21,060141.43/cwt139.00–144.001,4992
Stock Cows—Medium and Large 11,129169.54/cwt162.00–180.001,9148

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.