Sale reports / Montana / Public Auction Yards / 2021-01-27

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Jan 27
● Final41 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
105 head
350 vs last sale 455 180 vs year ago 285 · 63.2%
Slaughter Cattle receipts
388 head
42 vs last sale 430 168 vs year ago 220 · +76.4%
Replacement Cattle receipts
71 head
34 vs last sale 105 280 vs year ago 351 · 79.8%
Also sold hereRegular saleFri Nov 7, 2025
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested to develop any market trend. Demand was light to moderate for very light offerings. Quality was mostly plain to average. Not enough feeder cattle sold today for buyers to be able to put together loads, which limited demand. Market activity was mostly slow. Weigh up cows sold on mostly good demand for light offerings. Winter weather near the packing plants has tightened supplies delivered to the plant so packers are looking for supplies to meet immediate kill needs. This pushed all cow prices higher as feeding buyers and packer buyers competed over offerings. Feeding cows sold mostly mostly 3.00-4.00 higher. Slaughter cows sold mostly 2.00-3.00 higher in a narrow comparison on all classes. Slaughter bulls sold mostly 2.00 higher in a narrow comparison. Cow and bull quality this week was mostly plain to average. Weigh up conditions were mostly below average today with many very full cows on offer. Young age cows sold on mostly light to moderate demand this sale. Quality was average. Young age cows sold generally steady in a narrow comparison.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $153.78/cwt on 43 head.
Average price
$153.78
43 head · 605 lb average
Value per head Derived
$930
Price × average weight ÷ 100
Grade differential Derived
$54
per head · Medium and Large 1 over Medium and Large 1-2
$11.18/cwt at this weight
vs the market
15.64
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1602157.6894828
Medium and Large 1-2611146.5089515thin
One grade step is worth $11.18/cwt here — about $54 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 sale43 hd
153.78
MT average4 barns · 2,381 hd
169.41
−15.64
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
BullsHigh1,74184.501,47144
CowsPremium White 65-75%Average1,74559.251,0346thin
CowsBreaker 75-80%Average1,46857.7084766
CowsBoner 80-85%Average1,37454.9775666
CowsLean 85-90%Low1,14852.57604174

Every lot, as filed

41 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
Bulls1,90591.50/cwt91.50–91.501,7431
Bulls1,58480.25/cwt76.50–83.501,2717
Bulls1,93986.10/cwt84.00–90.501,6699
BullsReturn to Feed1,32877.00/cwt77.00–77.001,0235
CowsBoner 80-85%1,36255.06/cwt54.00–58.5075015
CowsBoner 80-85%Return to Feed1,36652.19/cwt51.00–53.5071317
SteersMedium and Large 1410180.83/cwt180.00–182.507416
SteersMedium and Large 1865126.00/cwt126.00–126.001,09010
SteersMedium and Large 1-2505165.00/cwt165.00–165.008332
HeifersMedium and Large 1-2582135.00/cwt135.00–135.007863
SteersMedium and Large 1490172.00/cwt172.00–172.008433
SteersMedium and Large 1-2627143.65/cwt142.50–144.5090113
SteersMedium and Large 1553160.00/cwt160.00–160.008853
SteersMedium and Large 1396182.50/cwt182.50–182.507234
HeifersMedium and Large 1-2915103.50/cwt103.50–103.509472
HeifersLarge 11,30596.50/cwt96.50–96.501,2595
BullsMedium and Large 1732126.50/cwt126.50–126.509263
Stock CowsMedium and Large 11,01486.86/cwt82.00–92.008814
Stock CowsMedium and Large 11,08567.32/cwt55.00–79.0073046
HeifersMedium and Large 1720128.50/cwt128.50–128.5092511
HeifersMedium and Large 1483154.69/cwt153.00–156.007477
CowsBreaker 75-80%1,45358.03/cwt57.50–58.2584348
SteersMedium and Large 1510172.00/cwt172.00–172.008772
CowsBoner 80-85%Return to Feed1,36156.79/cwt56.00–61.5077324
CowsLean 85-90%1,17252.14/cwt45.00–54.2561165
CowsBreaker 75-80%1,66351.00/cwt51.00–51.008483
HeifersLarge 1Fleshy1,13994.00/cwt94.00–94.001,0716
CowsLean 85-90%Light Weight94447.79/cwt47.00–48.504514
HeifersLarge 11,100102.50/cwt102.50–102.501,1284
BullsNatural1,65080.60/cwt77.00–83.501,3306
CowsBreaker 75-80%Return to Feed1,43755.83/cwt55.00–56.258023
CowsLean 85-90%1,22254.09/cwt54.00–55.5066123
CowsPremium White 65-75%1,74559.25/cwt59.25–59.251,0346
CowsBoner 80-85%1,49460.00/cwt60.00–60.008964
CowsBreaker 75-80%Return to Feed1,48658.53/cwt58.00–60.0087012
CowsBoner 80-85%1,40352.03/cwt51.00–53.007306
CowsLean 85-90%Return to Feed1,10952.73/cwt44.00–54.5058555
BullsLight Weight1,23573.00/cwt73.00–73.009021
BullsNatural1,89189.88/cwt89.75–90.251,70015
CowsLean 85-90%1,04035.00/cwt35.00–35.003643
CowsLean 85-90%Return to Feed1,14954.93/cwt54.00–58.0063124

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.