Sale reports / Montana / Public Auction Yards / 2020-11-20

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Nov 20
● Final85 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
2,918 head
▼ 427 vs last sale 3,345▲ 81 vs year ago 2,837 · +2.9%
Slaughter Cattle receipts
202 head
▲ 71 vs last sale 131▲ 81 vs year ago 121 · +66.9%
Replacement Cattle receipts
79 head
▲ 44 vs last sale 35▼ 13 vs year ago 92 · −14.1%
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Reporter comment USDA

As filed

Compared to last Friday: Yearling steers and heifers were too lightly tested to develop any market trend. Unweaned steers under 400 lbs sold sharply lower with most sales 20.00 lower; 400 lbs and heavier steers sold mostly 3.00-6.00 lower. Unweaned heifer calves under 400 lbs not well compared; heifers over 400 lbs sold 4.00-7.00 lower. Quality this week was plain to average and significantly lower than last week. Many calves were dirty this sale. Many sets were short weaned and buyers discounted these calves, as most were very dirty, full and not eye appealing. Demand was mostly light to moderate for moderate to heavy offerings. CME positions were lower throughout much of the week and were sharply lower this morning before closing down 0.95 on the January and down 0.575 on the March. The cattle on feed report was released this afternoon and it showed on feed 1% higher than last year, placements 11% lower than last year and marketings slightly lower than last year. Market activity was slow to moderate. Weigh up cows sold on moderate to good demand for light offerings. Offerings were too lightly tested either this week or last week to develop an accurate market trend. Feeding buyers showed good demand for all cows this week as buyers tried to finish loads for the week. Slaughter bulls were too lightly tested to trend. Most bulls sold to feeding buyers this sale. 2-3 year olds were too lightly tested to trend. Demand was moderate. Quality was plain to average.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $149.53/cwt on 1,172 head.
Average price
$149.53
1,172 head · 576 lb average
Value per head Derived
$861
Price × average weight ÷ 100
Grade differential Derived
−$499
per head · Medium and Large 1-2 over Large 1
$36.23/cwt at this weight
vs the market
−11.26
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2484153.78744192
Medium and Large 1570150.31856932
Large 11,057117.541,24348
One grade step is worth $36.23/cwt here — about −$499 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 sale1,172 hd
149.53
—
MT average5 barns · 7,494 hd
160.79
−11.26
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—Low1,74670.341,2285thin
CowsBreaker 75-80%Low1,57359.009282thin
CowsBoner 80-85%Low1,38154.5075368
CowsLean 85-90%Low1,13547.90543118

Every lot

85 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 · Steers28 lots · lightest first
Steers—Medium and Large 1Unweaned347182.00/cwt182.00–182.006323
Steers—Medium and Large 1-2Unweaned348177.50/cwt177.50–177.506184
Steers—Medium and Large 1-2Unweaned351160.00/cwt160.00–160.0056212
Steers—Medium and Large 1Unweaned376180.02/cwt178.00–183.0067725
Steers—Medium and Large 1418181.00/cwt181.00–181.007577
Steers—Medium and Large 1-2Unweaned424161.81/cwt156.00–164.0068645
Steers—Medium and Large 1Unweaned433174.96/cwt172.00–178.0075871
Steers—Medium and Large 1-2Unweaned454160.00/cwt160.00–160.007265
Steers—Medium and Large 1Unweaned467166.75/cwt162.00–174.0077950
Steers—Medium and Large 1-2Unweaned516150.42/cwt136.00–155.00776113
Steers—Medium and Large 1532154.13/cwt152.50–160.0082018
Steers—Medium and Large 1Unweaned532153.14/cwt148.75–164.00815188
Steers—Medium and Large 1-2549144.00/cwt144.00–144.007918
Steers—Medium and Large 1-2Unweaned555142.00/cwt142.00–142.007881
Steers—Medium and Large 1Unweaned566147.78/cwt144.00–151.00836199
Steers—Medium and Large 1587146.77/cwt145.50–147.0086225
Steers—Medium and Large 1613143.32/cwt135.50–146.5087978
Steers—Medium and Large 1Unweaned617141.72/cwt133.50–145.25874174
Steers—Medium and Large 1-2Unweaned635134.00/cwt134.00–134.008512
Steers—Medium and Large 1658137.40/cwt132.00–143.5090420
Steers—Medium and Large 1Unweaned673135.22/cwt133.00–139.0091022
Steers—Medium and Large 1-2Unweaned685127.00/cwt127.00–127.008702
Steers—Medium and Large 1Unweaned719129.51/cwt128.00–132.009318
Steers—Medium and Large 1733133.15/cwt132.50–133.5097614
Steers—Medium and Large 1819135.50/cwt135.50–135.501,1105
Steers—Medium and Large 1934129.23/cwt126.00–129.501,20725
Steers—Large 1Fancy1,019122.50/cwt122.50–122.501,24831
Steers—Large 11,127108.50/cwt108.50–108.501,22317
Feeder Cattle · Heifers34 lots · lightest first
Heifers—Medium and Large 1Unweaned318165.00/cwt165.00–165.005252
Heifers—Medium and Large 1-2Unweaned330144.48/cwt142.50–148.0047731
Heifers—Medium 1371145.00/cwt145.00–145.0053811
Heifers—Medium and Large 2Unweaned374137.50/cwt137.50–137.505147
Heifers—Medium and Large 1Unweaned392157.00/cwt157.00–157.006153
Heifers—Medium and Large 2Unweaned413131.92/cwt130.00–137.0054531
Heifers—Medium and Large 1-2416147.00/cwt147.00–147.006127
Heifers—Medium and Large 1Unweaned425150.35/cwt148.00–154.00639158
Heifers—Medium 1Unweaned432145.00/cwt145.00–145.0062615
Heifers—Medium and Large 1-2Unweaned436145.00/cwt145.00–145.006328
Heifers—Large 1Unweaned439141.00/cwt141.00–141.0061915
Heifers—Medium and Large 1443151.00/cwt151.00–151.006692
Heifers—Medium 1Unweaned463131.60/cwt131.00–132.0060918
Heifers—Medium and Large 1Unweaned470143.19/cwt140.00–151.00673102
Heifers—Medium and Large 1472142.89/cwt142.00–143.0067437
Heifers—Medium and Large 1Full486136.50/cwt136.50–136.5066311
Heifers—Medium and Large 1-2Unweaned489137.24/cwt128.00–139.0067147
Heifers—Medium and Large 1-2497134.00/cwt134.00–134.006669
Heifers—Medium and Large 2Unweaned497125.00/cwt125.00–125.006218
Heifers—Medium and Large 1-2Unweaned511135.94/cwt134.50–146.0069549
Heifers—Medium and Large 1Unweaned531139.91/cwt135.50–142.50743218
Heifers—Medium and Large 1-2531129.41/cwt127.00–131.0068720
Heifers—Medium and Large 1539137.56/cwt136.50–138.0074127
Heifers—Large 1Unweaned548132.00/cwt132.00–132.0072329
Heifers—Medium and Large 1563134.31/cwt128.00–137.0075621
Heifers—Medium and Large 1-2Unweaned569129.00/cwt129.00–129.007347
Heifers—Medium and Large 1Unweaned573131.35/cwt128.00–135.5075379
Heifers—Medium and Large 1-2589129.00/cwt129.00–129.0076017
Heifers—Medium and Large 1Unweaned614127.56/cwt124.50–132.5078360
Heifers—Medium and Large 1634130.00/cwt130.00–130.008244
Heifers—Medium and Large 1Unweaned668127.00/cwt127.00–127.008486
Heifers—Medium and Large 1-2770125.18/cwt122.50–128.009646
Heifers—Medium and Large 1915121.50/cwt121.50–121.501,11215
Heifers—Large 11,023115.22/cwt115.00–115.501,17916
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1Unweaned300160.00/cwt160.00–160.004801
Bulls—Medium and Large 1-2Unweaned424149.00/cwt149.00–149.006325
Bulls—Medium and Large 1Unweaned465146.47/cwt144.00–152.0068110
Bulls—Medium and Large 1-2518132.00/cwt132.00–132.006843
Bulls—Medium and Large 1556138.00/cwt138.00–138.0076711
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——Return to Feed1,45362.11/cwt57.00–66.009022
Bulls——Return to Feed1,77083.50/cwt83.50–83.501,4781
Bulls——2,02872.00/cwt72.00–72.001,4602
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Return to Feed1,06038.00/cwt38.00–38.004031
Cows—Lean 85-90%Return to Feed1,11647.31/cwt43.00–51.5052875
Cows—Lean 85-90%1,11737.76/cwt37.00–40.004228
Cows—Lean 85-90%Return to Feed1,17751.32/cwt49.50–53.0060428
Cows—Lean 85-90%1,20454.50/cwt54.50–54.506566
Cows—Boner 80-85%1,28550.00/cwt50.00–50.006433
Cows—Boner 80-85%1,36351.00/cwt51.00–51.006953
Cows—Boner 80-85%Return to Feed1,38455.38/cwt51.00–61.0076656
Cows—Boner 80-85%Return to Feed1,39247.92/cwt47.00–50.006675
Cows—Boner 80-85%Return to Feed1,50562.00/cwt62.00–62.009331
Cows—Breaker 75-80%Return to Feed1,57359.00/cwt59.00–59.009282
Replacement Cattle · Stock Cows2 lots · lightest first
Stock Cows—Medium and Large 194181.01/cwt66.00–95.0076221
Stock Cows—Medium and Large 11,05163.29/cwt54.00–77.0066540
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,106985.00/cwt985.00–985.0010,8944
Bred Cows—Medium and Large 11,1651,037.55/cwt1,025.00–1,050.0012,0874

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.