Sale reports / Montana / Public Auction Yards / 2024-09-25

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Sep 25
● Final70 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
344 head
▼ 622 vs last sale 966▲ 168 vs year ago 176 · +95.5%
Slaughter Cattle receipts
436 head
▲ 168 vs last sale 268▲ 89 vs year ago 347 · +25.6%
Replacement Cattle receipts
115 head
▲ 63 vs last sale 52▲ 2 vs year ago 113 · +1.8%
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Reporter comment USDA

As filed

Compared to last week: Feeder calves were too lightly tested to develop any market trend. Yearling steers and heifers were too lightly tested to develop a full market trend, however higher undertones were noticed. Quality was mostly plain to average today. Most feeders were offered in small packages or as singles. CME feeder contract positions continue to show positive movement following last weeks cattle on feed report. Demand was moderate to good for light offerings. Market activity was mostly moderate today, with a smaller buyer pool noticed compared to last week. Weigh up cows sold on mostly light to moderate demand for light to moderate offerings. Packers showed lighter demand for all cows destined for immediate harvest. Feeding cow demand was mostly moderate and significantly stronger than demand for slaughter cows. Slaughter cows sold mostly 6.00-12.00 lower on all classes. Feeding cows sold with the best demand again this week. A large percentage of the cow offering was purchased to feed as most sound cows sold to feeding orders. Feeding cows sold mostly 6.00-10.00 lower. Cow quality was mostly average to attractive and overall more attractive than last week. Weigh conditions were mixed with both very full and very empty cows noticed. Slaughter bulls sold mostly 2.00-5.00 lower. Feeding bull demand was light again this sale as packer buyers were the only buyers to purchase bulls to feed. Quality today was mostly average to attractive for bulls and similar to last weeks offering. Feeding bulls were too lightly tested to develop a full market trend, however steady undertones were noticed. Young age cows suitable to feed or rebreed were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed as demand from rebreed buyers 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 $256.22/cwt on 27 head. That ranks 1 of 19 comparable sales and sits −139.23 against this barn's trailing median of $395.45.
Average price
$256.22
27 head · 540 lb average
Value per head Derived
$1,384
Price × average weight ÷ 100
Grade differential Derived
$54
per head · Medium and Large 1-2 over Large 1
$21.99/cwt at this weight
vs the market
+2.94
vs MT average
+16.13 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2534265.001,4159thin
Medium and Large 1535258.201,38110thin
Medium and Large 2535246.501,3192thin
Large 1560243.011,3616thin
One grade step is worth $21.99/cwt here — about $54 a head. Across this sale the premium is widest at 1000–1100 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 sale27 hd
256.22
—
MT average2 barns · 36 hd
253.28
+2.94
National average173 barns · 10,203 hd
240.09
+16.13
This barn, trailing median19 sales
395.45
−139.23
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—Low1,714140.472,40762
CowsBreaker 75-80%Average1,579128.872,03530
CowsBoner 80-85%Very Low1,389121.691,690194
CowsLean 85-90%Low1,172110.131,290119

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 Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,091$2,03416
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged/Aged (>5 yrs)1,360$1,8001thin

Every lot

70 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 · Steers11 lots · lightest first
Steers200–250Medium and Large 1Unweaned208460.00/cwt460.00–460.009575
Steers250–300Medium and Large 1Unweaned260465.00/cwt465.00–465.001,2091
Steers250–300Medium and Large 1-2Unweaned266435.00/cwt435.00–435.001,1576
Steers300–350Medium and Large 1Unweaned333392.50/cwt392.50–392.501,30719
Steers450–500Medium and Large 1-2Unweaned469268.89/cwt265.00–279.001,26116
Steers450–500Medium and Large 1Unweaned477291.83/cwt290.00–294.001,39211
Steers550–600Medium and Large 1-2Unweaned555271.00/cwt271.00–271.001,50410
Steers650–700Medium and Large 1Fleshy687253.00/cwt253.00–253.001,7389
Steers800–850Medium and Large 1-2828234.00/cwt234.00–234.001,9383
Steers900–950Medium and Large 1Fleshy943219.00/cwt219.00–219.002,06511
Steers1050–1100Medium and Large 1Fleshy1,058208.00/cwt208.00–208.002,20110
Feeder Cattle · Heifers19 lots · lightest first
Heifers150–200Medium and Large 1-2Unweaned194445.00/cwt445.00–445.008634
Heifers200–250Medium and Large 1Unweaned210445.00/cwt445.00–445.009354
Heifers350–400Medium and Large 1-2Unweaned391283.02/cwt282.50–285.001,1079
Heifers450–500Medium and Large 1-2Unweaned452250.00/cwt250.00–250.001,13013
Heifers500–550Medium and Large 1Unweaned512273.40/cwt271.00–274.001,4005
Heifers500–550Medium and Large 1-2Unweaned534265.00/cwt265.00–265.001,4159
Heifers500–550Medium and Large 2Unweaned535246.50/cwt246.50–246.501,3192
Heifers550–600Medium and Large 1Unweaned558243.00/cwt243.00–243.001,3565
Heifers550–600Large 1Unweaned560243.01/cwt235.00–247.001,3616
Heifers600–650Medium and Large 1Unweaned633240.70/cwt238.50–242.001,5248
Heifers750–800Medium and Large 1756240.00/cwt240.00–240.001,8144
Heifers800–850Medium and Large 1-2841223.55/cwt221.00–227.001,8807
Heifers850–900Medium and Large 1863229.44/cwt227.00–230.501,98010
Heifers900–950Medium and Large 1-2Fleshy922204.50/cwt204.50–204.501,8856
Heifers900–950Medium and Large 1-2923213.57/cwt213.00–214.001,9717
Heifers900–950Medium and Large 1925217.69/cwt217.00–218.002,0148
Heifers950–1000Medium and Large 1990219.00/cwt219.00–219.002,1682
Heifers1000–1050Medium and Large 1-2Fleshy1,016183.03/cwt182.00–186.001,8608
Heifers1000–1050Medium and Large 11,022211.50/cwt211.00–212.002,1628
Feeder Cattle · Bulls4 lots · lightest first
Bulls500–550Medium and Large 1-2Unweaned532240.00/cwt240.00–240.001,2776
Bulls550–600Medium and Large 1Unweaned570245.00/cwt245.00–245.001,3972
Bulls800–850Medium and Large 1-2834210.00/cwt210.00–210.001,7514
Bulls1050–1100Large 11,090215.00/cwt215.00–215.002,3443
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,249121.94/cwt112.50–128.001,5235
Bulls——Return to Feed1,619136.93/cwt131.00–146.002,21713
Bulls——1,693136.75/cwt125.00–146.002,31523
Bulls——1,868149.51/cwt147.00–155.002,79318
Bulls——2,035163.00/cwt163.00–163.003,3172
Bulls——2,335157.00/cwt157.00–157.003,6661
Slaughter Cattle · Cows22 lots · lightest first
Cows—Lean 85-90%Light Weight945106.32/cwt105.00–107.501,0052
Cows—Lean 85-90%Light Weight96080.01/cwt72.50–82.507684
Cows—Lean 85-90%Light Weight983101.01/cwt100.00–102.009932
Cows—Lean 85-90%1,00575.00/cwt75.00–75.007541
Cows—Lean 85-90%Return to Feed1,151110.50/cwt109.00–111.001,2724
Cows—Lean 85-90%1,15199.57/cwt90.00–108.001,14629
Cows—Lean 85-90%Return to Feed1,192121.27/cwt113.00–125.001,44625
Cows—Lean 85-90%1,199110.05/cwt108.00–117.001,31941
Cows—Lean 85-90%Return to Feed1,255129.26/cwt127.00–132.001,62211
Cows—Breaker 75-80%1,330122.00/cwt122.00–122.001,6231
Cows—Boner 80-85%Return to Feed1,341113.19/cwt109.00–114.001,51810
Cows—Boner 80-85%Return to Feed1,367123.64/cwt116.00–128.001,690131
Cows—Boner 80-85%Return to Feed1,403130.72/cwt129.00–135.001,83413
Cows—Boner 80-85%1,443109.35/cwt103.00–113.001,57821
Cows—Boner 80-85%1,481119.18/cwt114.00–125.001,76513
Cows—Boner 80-85%1,499128.23/cwt127.00–129.001,9225
Cows—Breaker 75-80%Return to Feed1,513130.85/cwt127.00–136.001,98013
Cows—Boner 80-85%1,59592.00/cwt92.00–92.001,4671
Cows—Breaker 75-80%Return to Feed1,599128.77/cwt124.00–131.002,05911
Cows—Breaker 75-80%1,680116.00/cwt116.00–116.001,9491
Cows—Breaker 75-80%1,737129.34/cwt127.00–134.502,2473
Cows—Breaker 75-80%Return to Feed1,900122.50/cwt122.50–122.502,3281
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 11,0912,034.26/head1,900.00–2,225.002,03416
Bred Cows—Medium and Large 1Broken Mouth1,283111.00/cwt111.00–111.001,4245
Bred Cows—Medium and Large 11,304113.00/cwt113.00–113.001,4746
Bred Cows—Medium and Large 11,3601,800.00/head1,800.00–1,800.001,8001
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2828172.25/cwt165.00–180.001,4262
Stock Cows—Medium and Large 1945186.10/cwt165.00–193.501,75935
Stock Cows—Medium and Large 1-21,038122.23/cwt122.00–122.501,2692
Stock Cows—Medium and Large 11,080148.61/cwt135.00–175.001,60523

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.