Sale reports / Montana / Public Auction Yards / 2021-03-24

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, Mar 24
● Final71 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
446 head
▲ 142 vs last sale 304▲ 281 vs year ago 165 · +170.3%
Slaughter Cattle receipts
254 head
▲ 2 vs last sale 252▼ 49 vs year ago 303 · −16.2%
Replacement Cattle receipts
123 head
▲ 3 vs last sale 120▼ 320 vs year ago 443 · −72.2%
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 both this week and last to develop an accurate market trend, however steers and heifers sold with steady to weak undertones. Quality this week was mostly plain to average and overall not as attractive as last week. Demand was light to moderate for light offerings. Limited offerings caused limited demand as some buyers were not willing to start loads as this is the last sale in Billings for the week. CME positions traded higher today as packers paid higher money for fat cattle. Market activity was slow to moderate. Weigh up cows sold on mostly good to very good demand. Feeding buyers were aggressive as they bid against packers over offerings. Packers showed good demand for both slaughter and feeding cows this week. Muddy conditions and some flooding have been reported in locations that saw heavy snow last week. This continues to keep cow supplies tight. Slaughter cows sold 1.00-2.00 higher on breaking and boning cows lean cows sold mostly 2.00-4.00 higher. Feeding cows sold mostly 2.00-4.00 higher on all classes. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however higher undertones were noticed. Young age cows suitable to feed or rebreed sold steady firm. Quality was mostly average this week.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $145.76/cwt on 195 head.
Average price
$145.76
195 head · 609 lb average
Value per head Derived
$888
Price × average weight ÷ 100
Grade differential Derived
−$168
per head · Medium and Large 1-2 over Medium and Large 1
$3.71/cwt at this weight
vs the market
+1.17
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2503148.8274834
Medium and Large 1632145.11917161
One grade step is worth $3.71/cwt here — about −$168 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 sale195 hd
145.76
—
MT average3 barns · 603 hd
144.58
+1.17
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—High1,89984.851,61233
CowsBoner 80-85%High1,42263.1289781
CowsBreaker 75-80%Average1,59362.6899921
CowsLean 85-90%Average1,19661.7073878

Every lot, as filed

71 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
Bulls——2,05991.81/cwt89.00–96.001,8907
Bulls—Heavy Weight—2,52592.50/cwt92.50–92.502,3361
Bulls—Light Weight—1,37083.00/cwt83.00–83.001,1371
CowsBoner 80-85%—1,35568.50/cwt68.50–68.509282
CowsBoner 80-85%Return to Feed—1,39964.49/cwt63.00–66.2590226
CowsBoner 80-85%Return to Feed—1,57067.00/cwt67.00–67.001,0521
HeifersMedium and Large 1—660138.65/cwt136.00–139.009159
HeifersMedium and Large 1—388167.50/cwt167.50–167.506504
SteersMedium and Large 1—715143.99/cwt142.50–146.001,03029
CowsLean 85-90%Return to Feed—1,22063.68/cwt63.00–66.0077729
Bulls——1,89485.21/cwt82.00–88.501,61418
CowsBreaker 75-80%—1,47963.75/cwt63.00–65.009437
CowsBreaker 75-80%—1,57560.01/cwt59.00–61.009452
CowsBoner 80-85%—1,38464.48/cwt63.50–66.5089216
CowsLean 85-90%Return to Feed—1,15560.95/cwt53.00–63.0070419
CowsLean 85-90%—1,25657.12/cwt54.00–62.0071711
Bulls——1,79975.65/cwt72.00–78.001,3615
CowsLean 85-90%Light Weight—99055.00/cwt55.00–55.005451
CowsLean 85-90%Light Weight—99865.00/cwt65.00–65.006492
CowsLean 85-90%—1,24864.46/cwt63.50–65.0080411
CowsBreaker 75-80%Return to Feed—1,60564.69/cwt64.50–65.001,0386
BullsLarge 1—1,15095.00/cwt95.00–95.001,0931
CowsBoner 80-85%—1,50060.96/cwt55.00–62.5091422
CowsLean 85-90%—1,03851.49/cwt51.00–52.005342
CowsBreaker 75-80%Return to Feed—1,72160.31/cwt57.00–62.001,0386
CowsLean 85-90%Return to Feed—1,17868.68/cwt68.00–69.508092
CowsLean 85-90%Light Weight—97045.00/cwt45.00–45.004371
Bred CowsMedium and Large 1Broken Mouth—1,430975.00/cwt975.00–975.0013,9432
Bulls—Light Weight—1,28570.00/cwt70.00–70.009001
SteersMedium 1—495174.00/cwt174.00–174.008613
SteersLarge 1—1,104120.00/cwt120.00–120.001,3254
BullsLarge 1—1,054108.00/cwt108.00–108.001,1384
BullsLarge 1—1,14095.00/cwt95.00–95.001,0833
BullsMedium and Large 2—373135.00/cwt135.00–135.005044
CowsBoner 80-85%Return to Feed—1,38261.36/cwt60.00–62.5084814
Bred CowsMedium and Large 1—1,1951,100.00/cwt1,100.00–1,100.0013,1452
Stock CowsMedium and Large 1-2—1,06182.83/cwt78.00–84.008799
Bred CowsMedium and Large 1—1,1331,250.00/cwt1,250.00–1,250.0014,1634
Stock CowsMedium and Large 1—1,02691.28/cwt80.00–110.0093735
BullsMedium and Large 1—685138.00/cwt138.00–138.009451
Bred CowsMedium and Large 1—1,3961,228.22/cwt1,200.00–1,275.0017,14621
SteersMedium and Large 1-2—532172.32/cwt169.00–173.0091712
HeifersMedium and Large 1-2—457155.00/cwt155.00–155.007085
HeifersMedium and Large 1-2—635136.00/cwt136.00–136.008642
BullsMedium and Large 1-2—556141.00/cwt141.00–141.007846
SteersMedium and Large 1—621162.07/cwt162.00–162.501,00615
HeifersMedium and Large 1-2—427157.20/cwt155.00–161.0067119
BullsMedium and Large 1-2—473155.00/cwt155.00–155.0073311
SteersMedium and Large 1-2—560157.00/cwt157.00–157.008791
HeifersMedium and Large 1—754131.43/cwt129.00–131.5099150
BullsMedium and Large 1—617144.98/cwt143.00–147.008956
BullsMedium and Large 1—445177.50/cwt177.50–177.507901
SteersMedium and Large 1-2—472172.11/cwt168.00–175.0081228
SteersMedium and Large 1—482178.33/cwt178.00–179.008603
HeifersMedium and Large 1-2—679128.26/cwt128.00–129.008718
SteersMedium and Large 1—680148.00/cwt148.00–148.001,0063
HeifersMedium and Large 1—706132.50/cwt132.50–132.509357
HeifersMedium and Large 1—628143.90/cwt139.00–147.0090445
SteersMedium and Large 1-2—645149.00/cwt149.00–149.009615
SteersMedium and Large 1—830131.00/cwt131.00–131.001,0875
HeifersMedium and Large 1—580146.91/cwt146.50–149.008526
SteersMedium and Large 1—442191.43/cwt190.00–195.0084612
SteersMedium and Large 1—567164.72/cwt163.00–165.009347
Stock CowsMedium and Large 1—1,17271.00/cwt71.00–71.008326
HeifersMedium and Large 1—517163.15/cwt157.00–167.0084318
Stock CowsMedium and Large 1—1,12873.05/cwt62.00–84.0082421
SteersMedium and Large 1—928128.00/cwt128.00–128.001,1882
SteersMedium and Large 1—883132.00/cwt132.00–132.001,1664
BullsMedium and Large 1—369195.00/cwt195.00–195.007205
HeifersMedium and Large 1—479166.02/cwt163.00–168.0079522
SteersMedium and Large 1—519174.65/cwt174.00–176.0090627

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.