Sale reports / Montana / Public Auction Yards / 2025-01-22

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jan 22
● Final34 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
76 head
▼ 138 vs last sale 214▼ 128 vs year ago 204 · −62.7%
Slaughter Cattle receipts
110 head
▼ 253 vs last sale 363▼ 924 vs year ago 1,034 · −89.4%
Replacement Cattle receipts
69 head
▼ 760 vs last sale 829▼ 345 vs year ago 414 · −83.3%
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Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed on a very limited offering. Demand was very good for very light offerings. Quality this week was mostly average. Most cattle were offered in small group or as singles. CME positions pushed sharply higher today giving buyers additional confidence in current market conditions. Market activity was mostly active today, with buyers both ringside and over the internet rapidly bidding on offerings. Weigh up cows sold on mostly very good demand today for light offerings. Cow quality this sale was mostly average to attractive. Demand for slaughter cows was good as packers only purchased cows for immediate harvest and pushed feed cow buyers in order to secure offerings. Slaughter cows sold mostly 3.00-6.00 higher on all classes. Demand for high quality cows suitable to feed to premium white was very good. These offerings sold mostly 6.00-10.00 higher in a narrow comparison. A large buyer pool of cow buyers was on hand for todays light sale. Slaughter bulls sold mostly 3.00-4.00 higher in a narrow comparison. Demand for slaughter bulls was mostly good this sale. Bull quality was average to attractive today. Weigh up conditions were mostly below average today with many offerings pushing moderate to heavy amounts of fill. Cold and windy conditions had most cow and bull offerings very full this sale. Despite fill, cow quality was mostly attractive today and many heavy muscled cows or cow that had been on feed were seen. Young age cows suitable to feed or rebreed sold sharply higher in a narrow comparison. Demand from both rebreed buyers and feeders was very good today. Quality this week was average to attractive. Many young cows were purchased to return to the country to feed.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $320.96/cwt on 14 head. That ranks 1 of 19 comparable sales and sits −74.49 against this barn's trailing median of $395.45.
Average price
$320.96
14 head · 524 lb average
Value per head Derived
$1,681
Price × average weight ÷ 100
Grade differential Derived
$375
per head · Medium and Large 1 over Medium and Large 2
$57.35/cwt at this weight
vs the market
+0.21
vs MT average
+16.54 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1531337.351,79110thin
Medium and Large 2506280.001,4174thin
One grade step is worth $57.35/cwt here — about $375 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 sale14 hd
320.96
—
MT average4 barns · 934 hd
320.75
+0.21
National average149 barns · 17,148 hd
304.42
+16.54
This barn, trailing median19 sales
395.45
−74.49
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—Average1,858139.642,59410
CowsBreaker 75-80%Average1,696141.722,40311
CowsBoner 80-85%Average1,368134.191,83646
CowsLean 85-90%Low1,168123.171,43943

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)Middle Aged (5-8 yrs)1,555$2,1002thin

Every lot

34 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 · Steers3 lots · lightest first
Steers500–550Medium and Large 1515378.00/cwt378.00–378.001,9476
Steers550–600Medium and Large 1Full584325.00/cwt325.00–325.001,8984
Steers650–700Medium and Large 1Full676295.00/cwt295.00–295.001,9944
Feeder Cattle · Heifers7 lots · lightest first
Heifers350–400Medium and Large 1-2368362.07/cwt350.00–375.001,3322
Heifers500–550Medium and Large 2506280.00/cwt280.00–280.001,4174
Heifers500–550Medium and Large 1531337.35/cwt332.50–338.501,79110
Heifers600–650Medium and Large 1625293.00/cwt293.00–293.001,8311
Heifers850–900Medium and Large 1858245.00/cwt245.00–245.002,1026
Heifers1100–1150Large 11,122223.00/cwt223.00–223.002,5023
Heifers1150–1200Large 11,168214.00/cwt214.00–214.002,5002
Feeder Cattle · Bulls4 lots · lightest first
Bulls400–450Medium and Large 1400370.00/cwt370.00–370.001,4802
Bulls550–600Medium and Large 1575305.00/cwt305.00–305.001,7541
Bulls750–800Medium and Large 1-2765250.00/cwt250.00–250.001,9131
Bulls950–1000Medium and Large 1978237.50/cwt237.50–237.502,3232
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,300120.00/cwt120.00–120.001,5601
Bulls——1,757135.40/cwt131.50–143.002,3796
Bulls——2,233151.50/cwt151.00–152.003,3832
Bulls——2,270161.00/cwt161.00–161.003,6551
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight88280.07/cwt70.00–85.007063
Cows—Lean 85-90%Return to Feed1,085115.33/cwt107.50–120.001,2519
Cows—Lean 85-90%Return to Feed1,218132.76/cwt125.00–136.001,61728
Cows—Lean 85-90%1,235100.33/cwt99.00–102.001,2393
Cows—Boner 80-85%Return to Feed1,354135.42/cwt126.00–138.501,83441
Cows—Boner 80-85%Return to Feed1,375120.05/cwt117.00–123.001,6513
Cows—Breaker 75-80%Return to Feed1,540139.00/cwt139.00–139.002,1411
Cows—Breaker 75-80%1,635136.50/cwt134.00–138.002,2324
Cows—Boner 80-85%1,640130.29/cwt127.00–134.002,1372
Cows—Breaker 75-80%Return to Feed1,725145.00/cwt145.00–145.002,5011
Cows—Breaker 75-80%1,770145.78/cwt143.50–146.502,5805
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2805192.50/cwt192.50–192.501,5501
Stock Cows—Medium and Large 11,065192.63/cwt160.00–231.002,05230
Stock Cows—Medium and Large 11,137166.49/cwt138.00–184.001,89330
Stock Cows—Medium and Large 1-21,150131.42/cwt128.00–135.001,5112
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,5552,100.00/head2,100.00–2,100.002,1002

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.