Sale reports / Montana / Public Auction Yards / 2020-09-23

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Sep 23
● Final56 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
1,346 head
393 vs last sale 953 1,007 vs year ago 339 · +297.1%
Slaughter Cattle receipts
400 head
153 vs last sale 247 235 vs year ago 165 · +142.4%
Replacement Cattle receipts
40 head
22 vs last sale 18 266 vs year ago 306 · 86.9%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week: Feeder Steers not enough comparable weights to make an accurate market trend, higher undertone noted. Feeder Heifers sold steady to 1.00 higher. Boning and Breaker cows sold steady. Lean cows sold 2.00 to 3.00 lower. Slaughter bulls sold mostly steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $136.51/cwt on 540 head.
Average price
$136.51
540 head · 731 lb average
Value per head Derived
$998
Price × average weight ÷ 100
Grade differential Derived
−$233
per head · Medium and Large 1 over Large 1
$16.00/cwt at this weight
vs the market
+2.27
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1730138.431,010449
Medium and Large 1-2615129.0479463
Large 11,016122.441,24428
One grade step is worth $16.00/cwt here — about −$233 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 sale540 hd
136.51
MT average3 barns · 1,537 hd
134.24
+2.27
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
BullsHigh1,76379.261,39846
CowsBreaker 75-80%Average1,54464.4699518
CowsBoner 80-85%High1,41961.24869108
CowsLean 85-90%Average1,24255.67691153

Every lot, as filed

56 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
Stock CowsMedium and Large 11,05975.70/cwt70.00–87.0080232
Bulls1,35190.92/cwt90.50–92.001,2285
Bulls1,64073.59/cwt64.50–76.001,20714
Bulls1,95480.47/cwt78.00–85.501,57224
BullsReturn to Feed1,59081.75/cwt81.75–81.751,3001
BullsReturn to Feed1,45574.09/cwt72.50–75.501,0782
CowsBoner 80-85%1,36567.50/cwt67.50–67.5092114
CowsBreaker 75-80%1,54464.46/cwt59.00–68.5099518
CowsBoner 80-85%Return to Feed1,46962.85/cwt61.50–65.0092337
CowsBoner 80-85%1,42055.69/cwt53.00–57.0079132
CowsBoner 80-85%1,37462.44/cwt58.00–66.5085825
SteersMedium and Large 1-2676133.50/cwt133.50–133.5090210
SteersMedium and Large 1-2864128.00/cwt128.00–128.001,1067
SteersMedium and Large 1792148.10/cwt139.00–149.251,17385
SteersMedium and Large 1966131.59/cwt127.00–133.001,27183
SteersMedium and Large 1874137.54/cwt137.00–138.001,20240
SteersMedium and Large 1536157.60/cwt157.50–158.0084539
SteersMedium and Large 1452176.75/cwt166.00–179.5079934
SteersMedium and Large 1913133.27/cwt132.00–134.001,21722
SteersMedium and Large 1581156.35/cwt154.00–157.0090819
SteersMedium and Large 1387194.00/cwt194.00–194.0075114
SteersMedium and Large 1606150.00/cwt150.00–150.0090910
SteersMedium and Large 1337196.00/cwt196.00–196.006617
SteersMedium and Large 1713147.00/cwt147.00–147.001,0485
SteersMedium and Large 1Fancy921138.50/cwt138.50–138.501,27619
SteersLarge 11,072123.03/cwt122.50–123.501,31915
SteersLarge 11,101118.50/cwt118.50–118.501,30510
SteersLarge 11,031127.25/cwt127.25–127.251,3124
HeifersMedium and Large 1-2Spayed667129.50/cwt129.50–129.5086410
HeifersMedium and Large 1-2570123.37/cwt121.00–125.0070317
HeifersMedium and Large 1-2435141.00/cwt141.00–141.0061312
HeifersMedium and Large 1-2788124.27/cwt124.00–125.0097911
HeifersMedium and Large 1-2647131.00/cwt131.00–131.008488
HeifersMedium and Large 1-2665126.00/cwt126.00–126.008385
HeifersMedium and Large 1Spayed749139.50/cwt139.50–139.501,04534
CowsLean 85-90%1,25957.21/cwt54.00–60.0072091
CowsLean 85-90%Return to Feed1,34358.50/cwt58.50–58.5078612
BullsMedium and Large 1476161.00/cwt161.00–161.007667
HeifersLarge 1996113.50/cwt113.50–113.501,1305
HeifersLarge 11,020124.38/cwt119.25–126.251,26923
HeifersMedium and Large 1815133.50/cwt133.50–133.501,0885
HeifersMedium and Large 1378150.29/cwt145.00–155.0056811
HeifersMedium and Large 1516140.71/cwt138.00–144.0072611
HeifersMedium and Large 1637138.00/cwt138.00–138.0087913
HeifersMedium and Large 1494144.50/cwt144.50–144.5071414
HeifersMedium and Large 1982129.00/cwt129.00–129.001,26716
HeifersMedium and Large 1877128.53/cwt127.00–130.001,12733
HeifersMedium and Large 1423159.12/cwt159.00–159.5067335
HeifersMedium and Large 1573140.85/cwt140.00–141.2580742
HeifersMedium and Large 1766139.00/cwt139.00–139.001,06551
HeifersMedium and Large 1925130.28/cwt127.50–130.751,20580
HeifersMedium and Large 1716139.50/cwt139.50–139.5099996
HeifersMedium and Large 1Spayed966129.25/cwt129.25–129.251,2498
SteersMedium and Large 1-2733138.00/cwt138.00–138.001,01216
CowsLean 85-90%1,20448.93/cwt48.50–49.005897
CowsLean 85-90%1,18352.71/cwt50.00–54.5062443

How this sale compares

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.