Sale reports / Montana / Billings Livestock Commission / 2019-11-11

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Nov 11
● Final63 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
538 head
▼ 317 vs last sale 855▲ 538 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
141 head
▼ 29 vs last sale 170▲ 141 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
510 head
▼ 772 vs last sale 1,282▲ 510 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 calves were too lightly tested last week to develop an accurate market trend, however lower undertones were noticed on all offerings. Yearlings were scarcely traded this sale thus no trend is available. Quality this sale was mostly plain to average and significantly lower than last week. Calves were offered mostly as singles or in small lots. Demand for calves was mostly light for light offerings. Market activity this sale was slow. Weigh up cows sold on mostly moderate demand for mostly heavy offerings. Packers showed stronger demand again this week for cows destined for immediate harvest. All classes of slaughter cows sold 2.00-5.00 higher. The cutter cow cutout was sharply higher last week pushing cow values into the low 180's on a carcass value. Feeding cow demand remains good. Feeding cows sold mostly steady with the exception of thin cows which packers are storing for the holiday lull and feeders are buying to turn out or feed silage; these cows sold 2.00-4.00 higher. Slaughter bulls were too lightly tested last sale to develop an accurate market trend, however higher undertones were noticed. Young re-breed cows sold on mostly light to moderate demand and offerings. Young age cows were of mostly average quality this week. Offerings sold steady to 5.00 lower.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $131.53/cwt on 156 head.
Average price
$131.53
156 head · 602 lb average
Value per head Derived
$791
Price × average weight ÷ 100
Grade differential Derived
−$683
per head · Medium and Large 1-2 over Large 1-2
$22.53/cwt at this weight
vs the market
−12.05
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2477136.5365122
Medium 1409136.4355814thin
Medium and Large 1576131.86760102
Large 11,020120.831,23315thin
Large 1-21,170114.001,3343thin
One grade step is worth $22.53/cwt here — about −$683 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 sale156 hd
131.53
—
MT average5 barns · 4,752 hd
143.58
−12.05
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—High1,92475.551,45427
CowsBreaker 75-80%High1,63964.001,04913
CowsBoner 80-85%High1,46257.9184721
CowsLean 85-90%Very Low1,23846.1557257

Every lot

63 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 · Steers13 lots · lightest first
Steers—Medium and Large 1-2Unweaned335190.00/cwt190.00–190.006372
Steers—Medium and Large 1-2Unweaned361175.00/cwt175.00–175.0063210
Steers—Medium and Large 1Unweaned365183.51/cwt183.00–185.006704
Steers—Medium and Large 1-2Unweaned445158.61/cwt155.00–161.0070615
Steers—Medium and Large 2Unweaned473140.00/cwt140.00–140.006622
Steers—Medium and Large 1-2Unweaned485153.65/cwt142.50–156.0074515
Steers—Medium and Large 1Unweaned494158.00/cwt158.00–158.007815
Steers—Medium 2Unweaned497128.50/cwt128.50–128.506399
Steers—Medium and Large 1Unweaned573149.00/cwt149.00–149.008547
Steers—Medium and Large 1Unweaned611145.00/cwt145.00–145.008869
Steers—Medium and Large 1-2Unweaned615135.00/cwt135.00–135.008302
Steers—Medium and Large 1-2Unweaned677132.00/cwt132.00–132.008945
Steers—Large 11,018133.00/cwt133.00–133.001,3542
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1-2Unweaned298155.00/cwt155.00–155.004624
Heifers—Medium 1Unweaned321150.00/cwt150.00–150.004824
Heifers—Medium and Large 1-2Unweaned340152.50/cwt152.50–152.505192
Heifers—Medium and Large 1Unweaned409144.00/cwt144.00–144.0058910
Heifers—Medium 1Unweaned420130.00/cwt130.00–130.005465
Heifers—Medium and Large 1-2Unweaned460134.12/cwt130.00–137.006175
Heifers—Medium 1Unweaned469132.00/cwt132.00–132.006195
Heifers—Medium and Large 1Unweaned522131.13/cwt131.00–134.0068422
Heifers—Medium and Large 1-2Unweaned546132.00/cwt132.00–132.007217
Heifers—Medium and Large 1Unweaned564130.81/cwt130.00–132.0073855
Heifers—Medium and Large 1-2Unweaned624121.00/cwt121.00–121.007554
Heifers—Medium and Large 1Unweaned641128.00/cwt128.00–128.008206
Heifers—Medium and Large 1898131.00/cwt131.00–131.001,1763
Heifers—Medium and Large 1908129.00/cwt129.00–129.001,1712
Heifers—Medium and Large 1963127.87/cwt127.50–128.001,2314
Heifers—Large 11,000122.50/cwt122.50–122.501,22510
Heifers—Large 11,061117.50/cwt117.00–119.501,2475
Heifers—Large 1-21,170114.00/cwt114.00–114.001,3343
Feeder Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1-2Unweaned683126.00/cwt126.00–126.008616
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,76767.75/cwt58.00–72.501,1979
Bulls——1,90777.02/cwt75.00–81.001,46911
Bulls——2,15383.27/cwt83.00–83.501,7937
Slaughter Cattle · Cows12 lots · lightest first
Cows—Lean 85-90%Light Weight87040.00/cwt40.00–40.003481
Cows—Lean 85-90%Light Weight91033.00/cwt33.00–33.003001
Cows—Lean 85-90%1,21436.87/cwt33.00–38.004486
Cows—Lean 85-90%1,25246.54/cwt41.00–52.0058342
Cows—Lean 85-90%1,27754.53/cwt52.00–56.006967
Cows—Boner 80-85%1,44058.56/cwt54.50–61.0084316
Cows—Boner 80-85%1,53067.60/cwt64.00–71.001,0342
Cows—Boner 80-85%1,53748.00/cwt48.00–48.007383
Cows—Breaker 75-80%1,57860.53/cwt60.00–61.009552
Cows—Breaker 75-80%1,60564.61/cwt63.00–66.001,0379
Cows—Breaker 75-80%1,73069.50/cwt69.50–69.501,2021
Cows—Breaker 75-80%Heavy Weight1,97060.00/cwt60.00–60.001,1821
Replacement Cattle · Stock Cows13 lots · lightest first
Stock Cows—Medium and Large 1-293072.50/cwt72.50–72.506742
Stock Cows—Medium and Large 1Thin Fleshed1,01356.17/cwt49.00–62.005694
Stock Cows—Medium and Large 11,03774.97/cwt70.00–87.5077738
Stock Cows—Medium and Large 1Thin Fleshed1,10553.00/cwt53.00–53.005861
Stock Cows—Medium and Large 11,13369.25/cwt62.50–72.5078541
Stock Cows—Medium and Large 1-21,18754.62/cwt53.00–55.506483
Stock Cows—Medium and Large 1Thin Fleshed1,22949.35/cwt45.00–53.00607122
Stock Cows—Medium and Large 1Thin Fleshed1,23152.28/cwt51.00–54.0064412
Stock Cows—Medium and Large 11,28360.65/cwt56.00–66.0077820
Stock Cows—Medium and Large 11,33452.73/cwt49.50–64.0070367
Stock Cows—Medium and Large 1-21,34848.00/cwt48.00–48.006472
Stock Cows—Medium and Large 11,39461.61/cwt54.00–68.00859109
Stock Cows—Medium and Large 1-21,53052.00/cwt52.00–52.007961
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1Non-Legible BANGS1,072850.00/cwt850.00–850.009,1123
Bred Cows—Medium and Large 1Broken Mouth1,27346.00/cwt46.00–46.005865
Bred Cows—Medium and Large 11,42555.00/cwt55.00–55.007844

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.