Sale reports / Montana / Billings Livestock Commission / 2019-10-14

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 14
● Final45 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
505 head
▲ 325 vs last sale 180▲ 505 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
265 head
▲ 14 vs last sale 251▲ 265 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
282 head
▲ 132 vs last sale 150▲ 282 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were too lightly tested last week to develop an accurate market trend however higher undertones were noticed on calves and steady undertones were noticed on yearlings. Quality this sale was average to attractive and significantly higher than last week. Market activity was mostly moderate. Weigh up cows sold on mostly moderate demand and offerings. Packers continue to show good demand for cows for immediate harvest. Cow quality this week was mostly plain to average. Many cows were fresh off weaning and in thin body condition. Most were carrying bags as well. Weigh up conditions were average this sale. Feeding cows were too lightly tested last sale to develop any market trend. Feeding cow buyers were very active this sale buying very thin cows to put on feed for a short time. These offerings were purchased just above slaughter price and helped slaughter cows hold their value this week. Slaughter cows sold generally steady. Slaughter bulls sold on moderate demand for very light offerings. Slaughter bulls were too lightly tested to trend, however steady undertones were noticed. Young re-breed cows sold on light to moderate demand for light to moderate offerings. Young age cows were of plain to average quality this week. Many offerings were in thin flesh having freshly weaned calves. These offerings were too lightly tested last week to develop any market trend.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $131.91/cwt on 194 head.
Average price
$131.91
194 head · 636 lb average
Value per head Derived
$839
Price × average weight ÷ 100
Grade differential Derived
−$483
per head · Medium and Large 1-2 over Large 1
$24.07/cwt at this weight
vs the market
−1.44
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2510135.0768833
Medium and Large 1649131.98856141
Medium 1-2677130.0088016thin
Large 11,055111.001,1714thin
One grade step is worth $24.07/cwt here — about −$483 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale194 hd
131.91
—
MT average5 barns · 1,705 hd
133.35
−1.44
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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—Low1,77379.721,4145thin
CowsBoner 80-85%Low1,47861.7791325
CowsLean 85-90%Very Low1,16355.50645149

Every lot

45 lots · USDA AMS · Billings Livestock Commission Cattle Auction - Billings, MT (Mon)
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
Steers—Medium and Large 1Unweaned331180.00/cwt180.00–180.005968
Steers—Medium and Large 1-2Unweaned437165.00/cwt165.00–165.007213
Steers—Medium and Large 1Unweaned448162.00/cwt162.00–162.007263
Steers—Medium and Large 1-2Unweaned493155.00/cwt155.00–155.007645
Steers—Medium and Large 1Unweaned516152.00/cwt152.00–152.0078426
Steers—Medium and Large 1-2Unweaned532146.00/cwt146.00–146.0077712
Steers—Medium and Large 1Unweaned592143.19/cwt143.00–144.008485
Steers—Medium and Large 1Unweaned643145.00/cwt145.00–145.0093262
Steers—Medium and Large 1-2Unweaned648137.00/cwt137.00–137.008885
Steers—Medium and Large 1-2Unweaned656136.50/cwt136.50–136.508955
Steers—Large 11,025125.00/cwt125.00–125.001,28111
Feeder Cattle · Heifers13 lots · lightest first
Heifers—Medium and Large 1-2Unweaned364145.01/cwt140.00–152.005285
Heifers—Medium and Large 1-2Unweaned423139.40/cwt138.00–140.0059013
Heifers—Medium and Large 1Unweaned431151.00/cwt151.00–151.006513
Heifers—Medium and Large 1Unweaned474142.55/cwt138.00–144.0067624
Heifers—Medium and Large 1-2Unweaned475133.00/cwt133.00–133.0063210
Heifers—Medium and Large 1Unweaned533130.00/cwt130.00–130.006936
Heifers—Medium and Large 1Unweaned563132.44/cwt128.00–133.5074662
Heifers—Medium and Large 1Unweaned625128.51/cwt128.00–130.0080312
Heifers—Medium 1-2677130.00/cwt130.00–130.0088016
Heifers—Medium and Large 1940124.00/cwt124.00–124.001,1666
Heifers—Medium and Large 1-2950118.00/cwt118.00–118.001,1215
Heifers—Medium and Large 1985123.51/cwt122.00–123.751,21728
Heifers—Large 11,055111.00/cwt111.00–111.001,1714
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1Unweaned472146.00/cwt146.00–146.006899
Bulls—Large 11,137105.00/cwt105.00–105.001,1943
Bulls—Large 11,15597.00/cwt97.00–97.001,1203
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,53576.50/cwt76.50–76.501,1741
Bulls——1,83380.53/cwt78.50–81.501,4764
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%Light Weight92557.50/cwt57.50–57.505321
Cows—Lean 85-90%1,09247.50/cwt47.50–47.505196
Cows—Lean 85-90%1,15955.48/cwt50.00–61.00643136
Cows—Lean 85-90%1,35463.52/cwt61.00–65.008606
Cows—Boner 80-85%1,46156.74/cwt54.50–58.508298
Cows—Boner 80-85%1,48664.14/cwt62.75–66.7595317
Replacement Cattle · Stock Cows9 lots · lightest first
Stock Cows—Medium and Large 198281.61/cwt76.00–91.0080134
Stock Cows—Medium and Large 1Thin Fleshed1,10560.00/cwt60.00–60.006631
Stock Cows—Medium and Large 1Thin Fleshed1,15555.00/cwt55.00–55.006354
Stock Cows—Medium and Large 11,16069.32/cwt64.50–77.0080424
Stock Cows—Medium and Large 1-21,27060.00/cwt60.00–60.007625
Stock Cows—Medium and Large 11,33559.00/cwt59.00–59.007882
Stock Cows—Medium and Large 11,34366.76/cwt62.00–71.2589712
Stock Cows—Medium and Large 11,42364.51/cwt61.50–68.0091859
Stock Cows—Medium and Large 11,48163.34/cwt60.00–66.0093814
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,1221,025.00/cwt1,025.00–1,025.0011,5013

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.