Sale reports / Montana / Public Auction Yards / 2019-10-25

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 25
● Final62 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
2,216 head
▼ 492 vs last sale 2,708▲ 2,216 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
77 head
▼ 46 vs last sale 123▲ 77 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
347 head
▲ 189 vs last sale 158▲ 347 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last Fridays sale: Yearling steers and heifers were all too lightly tested to develop any market trend. All weights of steer calves sold unevenly steady from 2.00 lower to 2.00 higher, with the exception of 500-549 lbs steers which sold steady to 4.00 lower. Heifer calves all sold generally steady this week, with the exception of 400-449 lbs heifers which sold mostly 2.00-4.00 lower. Calf quality this week was mixed from plain to attractive. A few load or part loads of calves were offered this sale, however most calves were offered in small to medium size packages. Buyers showed mostly good to very good demand for calves with two rounds of vaccinations this week. Calves with two rounds of vaccinations offered mostly a 8.00-10.00 premium over non preconditioned calves or calves with only spring preconditioning shots. Calves were in mostly light to moderate flesh this week. Many calves have already seen a snowstorm or two and have lost some condition despite coming straight off the cow. Despite higher CME contract prices many feedlots are slow to take cattle due to wet conditions. Farmer feeders have yet to become active market participants either as a late harvest means many are still in the field and are not willing to take cattle yet. Market activity this sale was mostly moderate to active. Weigh up cows sold on very light to moderate demand. Packers showed mostly very light demand for slaughter cows this week. Seasonally heavy volumes of slaughter cows continue to weigh on the slaughter cow market. Packers are only sending the worst cows directly to slaughter as shackle space is limited this time of year. Packers opted to feed the majority of cows they purchased this week. Slaughter cows sold mostly 2.00-4.00 lower. All cows and bulls offered mostly below average weigh up conditions similar to last week. Slaughter bulls were too lightly tested to develop an accurate market trend, however steady to firm undertones were noticed.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $153.19/cwt on 1,042 head.
Average price
$153.19
1,042 head · 568 lb average
Value per head Derived
$870
Price × average weight ÷ 100
Grade differential Derived
−$161
per head · Medium and Large 1-2 over Large 1
$16.32/cwt at this weight
vs the market
−0.99
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2498154.32769152
Medium and Large 1579153.14886882
Large 1674138.009308thin
One grade step is worth $16.32/cwt here — about −$161 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 sale1,042 hd
153.19
—
MT average5 barns · 5,773 hd
154.19
−0.99
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—Low1,92670.971,3664thin
CowsBoner 80-85%Average1,42441.8959719
CowsLean 85-90%Very Low1,27036.5946531

Every lot

62 lots · USDA AMS · Public Auction Yards Livestock Cattle Auction - Billings, MT (Fri)
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 · Steers21 lots · lightest first
Steers—Medium and Large 1-2Unweaned293180.00/cwt180.00–180.005275
Steers—Medium and Large 1Unweaned328203.89/cwt200.00–207.506697
Steers—Medium and Large 1-2Unweaned353192.50/cwt192.50–192.506802
Steers—Medium and Large 1Unweaned379191.47/cwt185.00–198.0072614
Steers—Medium and Large 1Unweaned415176.10/cwt170.50–181.0073136
Steers—Medium and Large 1-2Unweaned417170.39/cwt162.00–175.0071140
Steers—Medium and Large 1Unweaned466166.38/cwt159.00–174.0077577
Steers—Medium and Large 1-2Unweaned476152.28/cwt148.00–155.0072532
Steers—Medium and Large 1-2Unweaned524148.30/cwt145.00–149.5077723
Steers—Medium and Large 1Unweaned528152.63/cwt150.00–154.00806154
Steers—Medium and Large 1-2Unweaned574142.25/cwt137.00–147.0081739
Steers—Medium and Large 1Unweaned581149.83/cwt147.00–154.00871175
Steers—Medium and Large 1-2Unweaned617139.51/cwt138.00–141.008614
Steers—Medium and Large 1Unweaned628149.22/cwt145.50–153.50937307
Steers—Large 1Unweaned636140.00/cwt140.00–140.008906
Steers—Medium and Large 1Unweaned664145.79/cwt142.00–150.5096887
Steers—Medium and Large 1-2Unweaned680138.00/cwt138.00–138.009387
Steers—Medium and Large 1Full716137.00/cwt137.00–137.009815
Steers—Medium and Large 1Unweaned725144.11/cwt138.50–148.001,04514
Steers—Medium and Large 1Unweaned770148.00/cwt148.00–148.001,1406
Steers—Large 1Unweaned788132.00/cwt132.00–132.001,0402
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1-2Unweaned320142.50/cwt142.50–142.504569
Heifers—Medium 1-2Unweaned321144.00/cwt144.00–144.004625
Heifers—Medium and Large 1-2Unweaned370151.36/cwt147.50–154.0056010
Heifers—Medium and Large 1Unweaned392161.50/cwt161.00–164.0063311
Heifers—Medium and Large 1-2Unweaned404144.85/cwt144.00–148.0058540
Heifers—Medium and Large 1Unweaned425153.14/cwt150.00–155.0065163
Heifers—Medium and Large 1Unweaned475146.45/cwt140.00–154.50696136
Heifers—Medium and Large 1-2Unweaned495138.24/cwt138.00–139.0068416
Heifers—Medium and Large 1-2Unweaned500131.00/cwt131.00–131.006554
Heifers—Medium and Large 1Unweaned519139.80/cwt134.00–145.5072683
Heifers—Medium 1Unweaned534132.00/cwt132.00–132.007057
Heifers—Medium and Large 1Unweaned565134.96/cwt132.50–137.50763170
Heifers—Medium and Large 1Unweaned612134.56/cwt130.00–136.0082467
Heifers—Medium and Large 1-2Unweaned621129.00/cwt129.00–129.008018
Heifers—Medium and Large 1Unweaned671135.43/cwt134.00–136.009097
Heifers—Medium and Large 1850132.50/cwt132.50–132.501,12630
Heifers—Medium and Large 1956123.50/cwt123.50–123.501,1816
Heifers—Large 11,051113.50/cwt113.50–113.501,19311
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1Unweaned348177.50/cwt177.50–177.506183
Bulls—Medium and Large 1Unweaned373167.42/cwt160.00–182.5062427
Bulls—Medium and Large 1Unweaned433157.00/cwt157.00–157.0068015
Bulls—Medium and Large 1Unweaned495144.00/cwt144.00–144.007137
Bulls—Medium and Large 1Unweaned503142.00/cwt142.00–142.007142
Bulls—Medium and Large 1-2Unweaned524138.00/cwt138.00–138.0072354
Bulls—Medium and Large 1Unweaned679129.88/cwt122.50–133.0088223
Bulls—Medium and Large 1Unweaned750128.00/cwt128.00–128.009602
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,83374.83/cwt73.00–77.001,3722
Bulls——2,01867.10/cwt61.00–73.501,3542
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%Light Weight94538.00/cwt38.00–38.003591
Cows—Lean 85-90%1,25140.16/cwt37.50–45.0050218
Cows—Lean 85-90%1,32531.11/cwt25.00–36.0041212
Cows—Boner 80-85%1,37346.00/cwt46.00–46.006322
Cows—Boner 80-85%1,43041.41/cwt40.00–43.5059217
Replacement Cattle · Stock Cows7 lots · lightest first
Stock Cows—Medium and Large 11,02870.00/cwt70.00–70.007202
Stock Cows—Medium and Large 11,13068.44/cwt63.00–75.0077336
Stock Cows—Medium and Large 1Thin Fleshed1,31739.99/cwt34.00–44.0052754
Stock Cows—Medium and Large 1Thin Fleshed1,35944.12/cwt41.00–48.0060024
Stock Cows—Medium and Large 1Thin Fleshed1,37342.00/cwt42.00–42.005775
Stock Cows—Medium and Large 11,38449.24/cwt39.00–60.0068141
Stock Cows—Medium and Large 11,40359.60/cwt52.50–64.0083662
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,239950.00/cwt950.00–950.0011,77112

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.