Sale reports / Montana / Billings Livestock Commission / 2019-10-28

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 28
● Final39 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
536 head
▲ 6 vs last sale 530▲ 536 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
117 head
▼ 229 vs last sale 346▲ 117 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
398 head
▲ 11 vs last sale 387▲ 398 vs year ago 0 · no sale a year ago
View

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 steady to firm undertones were noticed on steer calves and higher undertones were noticed on heifer calves. Yearlings were scarcely traded. Quality this sale was average to attractive Demand for calves was mostly moderate to good for light offerings. Market activity was mostly moderate to active. Weigh up cows sold on mostly light to moderate demand for moderate offerings. Packers continue to show very light to light demand for cows for immediate harvest. Seasonally high cow offerings are being seen across the upper plains as ranchers are culling old or unproductive cows. This has shackle space full and packers putting most offerings on feed. Slaughter cows sold steady to weak on boning and lean cows. Breaking cows were too lightly tested to trend, however higher undertones were noticed as packers search for fleshy cows to blend with the heavy volumes of thin cows. Feeding cows sold generally steady this sale. The best demand continues to be for large frame, fleshy cows. Slaughter bulls were too lightly tested to trend, however steady to firm undertones were noticed. Young re-breed cows sold on light to moderate demand for light 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 $137.57/cwt on 193 head.
Average price
$137.57
193 head · 515 lb average
Value per head Derived
$709
Price × average weight ÷ 100
Grade differential Derived
−$452
per head · Medium and Large 1-2 over Large 1
$15.71/cwt at this weight
vs the market
−3.20
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2400138.3555432
Medium and Large 1525138.09725154
Large 1820122.641,0057thin
One grade step is worth $15.71/cwt here — about −$452 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 sale193 hd
137.57
—
MT average5 barns · 3,963 hd
140.77
−3.20
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—Average1,74771.111,2425thin
CowsBreaker 75-80%Average1,72858.501,0112thin
CowsBoner 80-85%Low1,53742.836586thin
CowsLean 85-90%Low1,17941.3948825

Every lot

39 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 · Steers10 lots · lightest first
Steers—Medium and Large 1Unweaned356181.00/cwt181.00–181.0064416
Steers—Medium and Large 1Unweaned420174.37/cwt170.00–182.0073276
Steers—Medium and Large 1-2Unweaned446162.34/cwt161.00–163.0072418
Steers—Medium and Large 1Unweaned472161.00/cwt161.00–161.007603
Steers—Medium and Large 1Unweaned524149.59/cwt149.00–150.0078412
Steers—Medium and Large 1Unweaned577150.83/cwt148.00–151.5087016
Steers—Medium and Large 1Unweaned614146.30/cwt145.00–149.0089820
Steers—Large 1Unweaned696138.00/cwt138.00–138.009604
Steers—Medium and Large 1Unweaned704139.50/cwt139.50–139.5098215
Steers—Medium and Large 1-2877130.00/cwt130.00–130.001,1403
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1-2Unweaned339140.00/cwt140.00–140.0047519
Heifers—Medium and Large 1Unweaned361152.00/cwt152.00–152.005494
Heifers—Medium and Large 1Unweaned420147.39/cwt146.00–148.0061930
Heifers—Medium and Large 1-2Unweaned424143.00/cwt143.00–143.006064
Heifers—Medium and Large 1-2Unweaned493134.20/cwt130.00–135.006626
Heifers—Medium and Large 1Unweaned505138.95/cwt138.00–139.0070255
Heifers—Medium and Large 1Unweaned561134.35/cwt133.00–135.0075435
Heifers—Medium and Large 1-2Unweaned572130.00/cwt130.00–130.007443
Heifers—Medium and Large 1Unweaned617130.15/cwt130.00–130.5080327
Heifers—Large 1Unweaned675125.00/cwt125.00–125.008444
Heifers—Medium and Large 1923126.00/cwt126.00–126.001,1633
Heifers—Large 11,013119.50/cwt119.50–119.501,2113
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1Unweaned502136.00/cwt136.00–136.006839
Bulls—Medium and Large 1Unweaned681138.00/cwt138.00–138.009404
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,63061.00/cwt61.00–61.009941
Bulls——1,77673.64/cwt71.50–75.501,3084
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%Light Weight98939.17/cwt38.50–39.503876
Cows—Lean 85-90%1,23942.09/cwt37.00–44.0052119
Cows—Boner 80-85%1,45542.30/cwt42.00–43.506155
Cows—Breaker 75-80%1,72858.50/cwt58.50–58.501,0112
Cows—Boner 80-85%1,94545.50/cwt45.50–45.508851
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 178286.50/cwt82.00–91.0067610
Stock Cows—Medium and Large 198171.66/cwt58.00–85.0070359
Stock Cows—Medium and Large 1Thin Fleshed98541.00/cwt41.00–41.004041
Stock Cows—Medium and Large 1Thin Fleshed1,14743.64/cwt39.00–45.0050154
Stock Cows—Medium and Large 1Thin Fleshed1,17143.39/cwt41.00–44.5050827
Stock Cows—Medium and Large 11,32455.14/cwt47.00–66.0073055
Stock Cows—Medium and Large 11,37653.51/cwt46.25–61.5073631
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 196687.06/cwt80.00–90.008417

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.