Sale reports / Montana / Public Auction Yards / 2022-05-11

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Wed, May 11
● Final64 lots reportedUSDA AMS · slug 1774
Feeder Cattle receipts
266 head
▼ 96 vs last sale 362▼ 1,990 vs year ago 2,256 · −88.2%
Slaughter Cattle receipts
482 head
▲ 83 vs last sale 399▲ 160 vs year ago 322 · +49.7%
Replacement Cattle receipts
471 head
▼ 144 vs last sale 615▼ 17 vs year ago 488 · −3.5%
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. Quality this week was mostly plain and lower in quality than last weeks offering. Demand for feeders was mostly light as limited offerings and poorer quality hampered demand. Lower CME feeder prices were seen today as grain prices continue to rally. Market activity this week was mostly slow. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Packers showed stronger demand for slaughter cows this week as they competed with feeder buyers over offerings. Slaughter cows sold mostly 2.00 higher on all classes of cows. Feeding cows sold generally steady to firm, with the largest increase in price coming from thin lower quality cows that will gain quickly when put on feed. Slaughter bulls sold fully steady. Bull quality this week was not as attractive as last week. Weigh up conditions were mostly average to below average. Cows were pushing much more fill this week compared to last week. Young age cows suitable to feed or rebreed sold generally steady. Demand for cattle to rebreed continues to be good.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $152.61/cwt on 67 head.
Average price
$152.61
67 head · 663 lb average
Value per head Derived
$1,011
Price × average weight ÷ 100
Grade differential Derived
−$193
per head · Medium and Large 1-2 over Medium and Large 2
$42.97/cwt at this weight
vs the market
−27.29
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2463179.8083320
Medium and Large 1734165.131,2137thin
Medium and Large 2750136.831,02640
One grade step is worth $42.97/cwt here — about −$193 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 sale67 hd
152.61
—
MT average3 barns · 395 hd
179.90
−27.29
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—High1,56392.841,45149
CowsBreaker 75-80%Average1,64577.711,27859
CowsBoner 80-85%Average1,43575.701,086115
CowsLean 85-90%Low1,17771.88846136

Every lot, as filed

64 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
Bred CowsMedium and Large 1—1,2331,360.64/cwt1,285.00–1,375.0016,77717
Bred CowsMedium and Large 1—1,3621,150.00/cwt1,150.00–1,150.0015,66311
Heifer PairsMedium and Large 1Thin Fleshed—1,0331,778.88/cwt1,660.00–1,825.0018,37636
Cow-Calf PairsMedium and Large 1-2—1,3871,625.00/cwt1,625.00–1,625.0022,5393
Cow-Calf PairsMedium and Large 1Thin Fleshed—1,3411,825.00/cwt1,825.00–1,825.0024,47331
Cow-Calf PairsMedium and Large 1Thin Fleshed—1,2211,235.00/cwt1,235.00–1,235.0015,0799
HeifersMedium and Large 1-2—475159.00/cwt159.00–159.007552
HeifersMedium and Large 1-2—641155.00/cwt155.00–155.009944
HeifersMedium and Large 1—853132.00/cwt132.00–132.001,1262
HeifersMedium and Large 1—715153.00/cwt153.00–153.001,0946
HeifersMedium and Large 1—698159.50/cwt159.50–159.501,11312
HeifersMedium and Large 1—817142.52/cwt141.00–145.501,1648
SteersMedium and Large 2—786129.78/cwt128.00–134.001,02010
SteersMedium and Large 2—550160.00/cwt160.00–160.008807
SteersMedium and Large 2—722139.64/cwt138.00–141.001,00813
SteersMedium and Large 2—889124.00/cwt124.00–124.001,10210
SteersMedium and Large 1—765155.00/cwt155.00–155.001,1863
HeifersMedium 1—381174.50/cwt174.50–174.506657
SteersMedium and Large 1-2Unweaned—375186.00/cwt186.00–186.006987
SteersMedium and Large 1-2Unweaned—459180.00/cwt180.00–180.008266
SteersMedium and Large 1—675176.47/cwt175.00–178.001,1912
SteersMedium and Large 1-2—411185.00/cwt185.00–185.007604
HeifersMedium and Large 1-2—520164.00/cwt164.00–164.008531
HeifersMedium 1—471152.50/cwt152.50–152.5071817
SteersMedium and Large 1-2—747158.00/cwt158.00–158.001,1803
SteersMedium and Large 1—748169.00/cwt169.00–169.001,2642
BullsLarge 1—1,126109.50/cwt109.50–109.501,2336
BullsLarge 1—1,225102.00/cwt102.00–102.001,2502
BullsLarge 1—1,170103.00/cwt103.00–103.001,2051
BullsLarge 1—1,085114.00/cwt114.00–114.001,2371
BullsMedium and Large 1—646149.00/cwt149.00–149.009638
BullsMedium and Large 1—824141.00/cwt141.00–141.001,1624
CowsLean 85-90%—1,17068.09/cwt63.00–73.5079731
CowsBoner 80-85%—1,43777.37/cwt74.50–79.501,11225
CowsBoner 80-85%Return to Feed—1,41878.29/cwt75.00–83.001,11047
CowsBoner 80-85%Return to Feed—1,44971.51/cwt68.00–74.001,03627
CowsLean 85-90%Return to Feed—1,17671.06/cwt64.00–74.0083625
CowsLean 85-90%Return to Feed—1,23881.24/cwt79.50–82.001,0066
CowsBreaker 75-80%Return to Feed—1,61981.09/cwt78.50–85.001,31317
CowsBoner 80-85%Return to Feed—1,43283.67/cwt83.50–84.001,1983
CowsLean 85-90%Return to Feed—1,20775.43/cwt74.00–79.0091056
CowsBreaker 75-80%Return to Feed—1,67872.50/cwt72.50–72.501,2173
CowsBoner 80-85%—1,46569.95/cwt65.50–74.001,02513
CowsLean 85-90%—1,04551.00/cwt51.00–51.005334
CowsBreaker 75-80%—1,65875.57/cwt72.50–76.751,25332
CowsBreaker 75-80%—1,46585.27/cwt84.50–86.001,2492
CowsLean 85-90%—1,17775.71/cwt74.00–77.508919
CowsBreaker 75-80%—1,55383.29/cwt80.00–84.501,2934
CowsLean 85-90%Light Weight—93845.00/cwt45.00–45.004222
CowsLean 85-90%Light Weight—89572.00/cwt72.00–72.006441
CowsBreaker 75-80%Heavy Weight—2,30067.00/cwt67.00–67.001,5411
CowsLean 85-90%Light Weight—94865.00/cwt65.00–65.006162
Bulls——2,035106.49/cwt104.00–108.002,1673
Bulls——1,75398.88/cwt93.50–103.001,73315
Bulls——1,63586.77/cwt79.00–93.001,4199
Bulls—Light Weight—1,29873.00/cwt73.00–73.009483
Bulls—Return to Feed—1,37380.94/cwt77.50–91.001,1116
Bulls—Return to Feed—1,33396.98/cwt93.00–98.001,29313
Cow-Calf PairsMedium and Large 1—1,3311,642.31/cwt1,550.00–1,775.0021,85947
Cow-Calf PairsMedium and Large 1Broken Mouth—1,3761,265.38/cwt1,210.00–1,325.0017,41211
Stock CowsMedium and Large 1-2—90499.04/cwt92.00–101.008955
Stock CowsMedium and Large 1—984109.16/cwt94.00–132.501,07491
Stock CowsMedium and Large 1—1,19681.53/cwt75.00–92.0097528
Bred CowsMedium and Large 1—1,3901,100.00/cwt1,100.00–1,100.0015,2903

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.