Sale reports / Montana / Public Auction Yards / 2020-02-21

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Feb 21
● Final74 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
4,885 head
▲ 4,703 vs last sale 182▲ 4,885 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
52 head
▼ 133 vs last sale 185▲ 52 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
63 head
▼ 95 vs last sale 158▲ 63 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last Friday sale (1-24-2020): Steers weighing less than 450 lbs were too lightly tested to develop an accurate market trend, however steady undertones were noticed; Feeder steers weighing 450-699 lbs sold generally steady, steers weighing over 700 lbs were too lightly tested last sale to develop an accurate market trend, however lower undertones were noticed. Feeder heifers weighing less than 550 lbs sold mostly 6.00-12.00 higher, heifers weighing over 550 lbs sold steady to 5.00 higher. Quality this week was average to very attractive. Many sets of home raised, lightly fleshed, long weaned cattle were on offer this week. These cattle were met with good to very good demand. Demand for backgrounded, feedlot ready cattle was mostly light to moderate. Most of these offerings were in moderate plus to fleshy condition. CME positions are significantly lower this sale compared to last month, however demand for cattle to develop into yearlings remains good to very good. Market activity this week was mostly active with many bidders and buyers in the stands as well as on the internet bidding on cattle. Weigh up cows sold on mostly good demand for light offering. Packers showed strong demand for cows to send to immediate harvest. Slaughter cows sold generally steady to firm compared to Wednesdays sale. Slaughter bulls were too lightly tested to develop any market trend. Cows purchased to feed this sale were scarce as packer buyers purchased the large majority of the cow offering for immediate harvest. Young age cows suitable to feed or re-breed were too lightly tested to develop an accurate market trend, steady undertones were noticed.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $149.04/cwt on 2,337 head.
Average price
$149.04
2,337 head · 628 lb average
Value per head Derived
$936
Price × average weight ÷ 100
Grade differential Derived
−$129
per head · Medium and Large 1 over Large 1
$42.39/cwt at this weight
vs the market
−0.34
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1633149.399462,112
Medium and Large 1-2556148.97828187
Medium and Large 2505141.1071325
Large 11,005107.001,07513thin
One grade step is worth $42.39/cwt here — about −$129 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 sale2,337 hd
149.04
—
MT average3 barns · 3,215 hd
149.37
−0.34
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—Average1,58076.251,2048thin
CowsBreaker 75-80%Low1,70760.671,0364thin
CowsBoner 80-85%Low1,44059.798616thin
CowsLean 85-90%Average1,18452.2261831

Every lot

74 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 · Steers27 lots · lightest first
Steers—Medium and Large 1-2388194.43/cwt192.50–195.0075416
Steers—Medium and Large 1435197.29/cwt190.00–206.0085827
Steers—Medium and Large 1-2470179.00/cwt179.00–179.008414
Steers—Medium and Large 1476192.72/cwt185.00–196.0091772
Steers—Medium 1514163.00/cwt163.00–163.008386
Steers—Medium and Large 1Fleshy535167.50/cwt167.50–167.508965
Steers—Medium and Large 1-2539174.85/cwt172.00–177.0094223
Steers—Medium and Large 1542184.57/cwt180.00–185.001,00074
Steers—Medium and Large 1574177.29/cwt172.00–180.501,018209
Steers—Medium and Large 1-2578154.00/cwt154.00–154.0089012
Steers—Medium and Large 1Fleshy587167.25/cwt164.00–169.5098250
Steers—Medium and Large 1-2624152.42/cwt151.00–154.0095113
Steers—Medium and Large 1628164.55/cwt158.00–174.501,033135
Steers—Medium and Large 1Thin Fleshed634176.50/cwt176.50–176.501,119368
Steers—Medium and Large 1Thin Fleshed659168.00/cwt168.00–168.001,1079
Steers—Medium and Large 1679151.96/cwt149.00–154.001,032210
Steers—Medium and Large 1717148.16/cwt143.75–151.501,062285
Steers—Medium and Large 1773135.53/cwt134.50–138.001,04881
Steers—Medium and Large 1Fleshy778129.00/cwt129.00–129.001,0043
Steers—Medium and Large 1816132.95/cwt130.50–134.001,08538
Steers—Medium and Large 1Fleshy834128.34/cwt128.00–128.501,07021
Steers—Medium and Large 1858131.00/cwt131.00–131.001,1242
Steers—Medium and Large 1Fleshy892127.65/cwt124.75–128.501,13938
Steers—Medium and Large 1Fleshy923129.50/cwt129.50–129.501,19527
Steers—Medium and Large 1953132.50/cwt132.50–132.501,26362
Steers—Large 11,006124.00/cwt124.00–124.001,2475
Steers—Large 11,32076.00/cwt76.00–76.001,00315
Feeder Cattle · Heifers25 lots · lightest first
Heifers—Medium and Large 1425178.78/cwt174.00–183.0076034
Heifers—Medium and Large 1-2464158.89/cwt155.00–163.0073710
Heifers—Medium and Large 1470171.33/cwt167.00–174.0080538
Heifers—Medium and Large 1Fleshy478145.00/cwt145.00–145.006939
Heifers—Medium and Large 2490146.50/cwt146.50–146.5071810
Heifers—Medium and Large 2515137.50/cwt137.50–137.5070815
Heifers—Medium and Large 1524163.02/cwt159.00–166.75854310
Heifers—Medium and Large 1-2536157.18/cwt156.00–158.0084264
Heifers—Medium and Large 1-2570144.77/cwt139.50–154.5082598
Heifers—Medium and Large 1Thin Fleshed579165.00/cwt165.00–165.00955234
Heifers—Medium and Large 1Fleshy579140.00/cwt140.00–140.0081155
Heifers—Medium and Large 1585158.22/cwt153.00–162.00926231
Heifers—Medium and Large 1Fancy604155.00/cwt155.00–155.0093617
Heifers—Medium and Large 1-2607134.80/cwt134.00–135.0081815
Heifers—Medium and Large 1Replacement618163.00/cwt163.00–163.001,00780
Heifers—Medium and Large 1Thin Fleshed627155.64/cwt155.00–156.5097680
Heifers—Medium and Large 1630148.69/cwt144.00–153.50937178
Heifers—Medium and Large 1673139.87/cwt135.00–149.50941338
Heifers—Medium and Large 1726131.95/cwt130.00–134.0095899
Heifers—Medium and Large 1Fleshy727128.81/cwt128.25–129.0093676
Heifers—Medium and Large 1Replacement755134.50/cwt134.50–134.501,01574
Heifers—Medium and Large 1769130.77/cwt128.25–132.001,006183
Heifers—Medium and Large 1804127.40/cwt127.25–128.001,02450
Heifers—Medium and Large 1875125.25/cwt125.25–125.251,09626
Heifers—Large 1Fleshy1,005107.00/cwt107.00–107.001,07513
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1482171.65/cwt170.00–177.0082712
Bulls—Medium and Large 1551161.53/cwt159.00–162.0089032
Bulls—Medium and Large 1663147.11/cwt138.50–149.5097590
Bulls—Medium and Large 1760133.50/cwt133.50–133.501,0153
Bulls—Medium and Large 1845124.00/cwt124.00–124.001,04816
Bulls—Large 1-21,085100.00/cwt100.00–100.001,0854
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——Light Weight1,28576.50/cwt76.50–76.509832
Bulls——1,62278.40/cwt77.00–79.501,2724
Bulls——1,79071.68/cwt68.50–75.001,2832
Slaughter Cattle · Cows8 lots · lightest first
Cows—Lean 85-90%1,12941.70/cwt41.00–44.004714
Cows—Lean 85-90%1,17050.99/cwt47.00–54.5059720
Cows—Lean 85-90%1,23058.03/cwt57.00–59.007143
Cows—Lean 85-90%1,27664.50/cwt64.50–64.508234
Cows—Boner 80-85%1,43059.95/cwt57.00–62.508575
Cows—Boner 80-85%1,49059.00/cwt59.00–59.008791
Cows—Breaker 75-80%1,52054.50/cwt54.50–54.508281
Cows—Breaker 75-80%1,76962.73/cwt62.00–64.501,1103
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1-288760.00/cwt60.00–60.005323
Stock Cows—Medium and Large 1925114.69/cwt107.00–126.001,06121
Stock Cows—Medium and Large 1-294091.00/cwt91.00–91.008552
Stock Cows—Large 11,014107.75/cwt107.75–107.751,0938
Stock Cows—Medium and Large 11,04874.41/cwt71.00–81.0078024

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.