Sale reports / Montana / Public Auction Yards / 2021-01-22

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Jan 22
● Final62 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
2,701 head
▼ 1,425 vs last sale 4,126▲ 471 vs year ago 2,230 · +21.1%
Slaughter Cattle receipts
74 head
▲ 29 vs last sale 45▲ 29 vs year ago 45 · +64.4%
Replacement Cattle receipts
19 head
▲ 12 vs last sale 7▼ 1 vs year ago 20 · −5.0%
View

Reporter comment USDA

As filed

Compared to last week: Yearling steers and heifers were not well compared. Steers under 450 lbs were too lightly tested either this week or last to develop an accurate market trend, however higher undertones were noticed; Steers 450-699 lbs sold mostly 4.00-8.00 higher; Steers over 700 lbs sold steady. Heifers under 400 lbs sold 5.00-10.00 higher, heifers over 400 lbs sold mostly 2.00-5.00 higher, except 700-749 lbs heifers which sold fully steady. Demand was mostly good today with very good demand seen at times. Quality was average to attractive. Most set of calves on offer were weaned 60-90 days. Flesh was mostly light, with only a few offerings pushing more than moderate flesh. The cattle on feed report was released today and it showed cattle and calves on feed at 12 million head slightly higher than last January. Placements and marketing's were both 1% higher than January 2019. CME positions traded up the limit on the March contract and all other contracts traded well into triple digit territory. Demand improved throughout the day and was noticeably higher after the lunch hour. Market activity was mostly active today with 15 order buyers and several farmer feeders in the stands actively bidding on offerings. Weigh up cows and bulls were all too lightly tested to develop any market trend, however sharply higher undertones were noticed. Packers showed very good demand for all cows and bulls on offer as they pushed for fill both feeding and slaughter loads for the week. Weigh up conditions were average to below average.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $146.75/cwt on 1,167 head.
Average price
$146.75
1,167 head · 546 lb average
Value per head Derived
$801
Price × average weight ÷ 100
Grade differential Derived
$99
per head · Medium and Large 1 over Medium and Large 1-2
$3.13/cwt at this weight
vs the market
+0.02
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554147.17816987
Medium 1496145.0471973
Medium and Large 1-2498144.04717107
One grade step is worth $3.13/cwt here — about $99 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 sale1,167 hd
146.75
—
MT average4 barns · 2,383 hd
146.73
+0.02
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—Average1,86979.881,4938thin
CowsBoner 80-85%Average1,39254.4175827
CowsLean 85-90%Low1,21951.2362423

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 · Steers23 lots · lightest first
Steers—Medium and Large 1324190.34/cwt190.00–192.506177
Steers—Medium and Large 1382202.29/cwt190.00–211.0077378
Steers—Medium and Large 1-2389185.14/cwt180.00–187.5072022
Steers—Medium 1422180.00/cwt180.00–180.007607
Steers—Medium and Large 1426193.84/cwt185.00–200.0082614
Steers—Medium and Large 1Thin Fleshed469198.48/cwt198.00–199.0093125
Steers—Medium and Large 1476186.65/cwt183.00–192.00888149
Steers—Medium and Large 1-2497176.41/cwt176.00–180.0087729
Steers—Medium and Large 2505133.00/cwt133.00–133.0067214
Steers—Medium and Large 1518180.36/cwt173.00–185.00934125
Steers—Medium 1519163.00/cwt163.00–163.008464
Steers—Medium and Large 1-2543171.50/cwt171.50–171.5093125
Steers—Medium and Large 1572165.88/cwt157.50–173.00949337
Steers—Medium and Large 2580143.00/cwt143.00–143.008294
Steers—Medium and Large 1-2597155.50/cwt155.50–155.5092813
Steers—Medium and Large 1-2622142.23/cwt135.00–147.008855
Steers—Medium and Large 1627155.90/cwt151.50–163.00977104
Steers—Medium and Large 1664148.97/cwt141.00–154.50989140
Steers—Medium and Large 1Fancy706149.00/cwt149.00–149.001,05219
Steers—Medium and Large 2708124.00/cwt124.00–124.008782
Steers—Medium and Large 1731137.49/cwt135.00–139.501,00516
Steers—Medium and Large 1-2765129.00/cwt129.00–129.009872
Steers—Medium and Large 1793129.50/cwt129.50–129.501,0273
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1-2319156.77/cwt155.00–159.0050016
Heifers—Medium 1372160.00/cwt160.00–160.0059521
Heifers—Medium and Large 1377169.74/cwt162.00–172.00640100
Heifers—Medium and Large 1-2377159.59/cwt157.50–161.0060210
Heifers—Medium and Large 1-2422151.00/cwt151.00–151.006375
Heifers—Medium and Large 1423162.36/cwt158.00–165.0068737
Heifers—Medium and Large 1471156.94/cwt154.00–165.00739160
Heifers—Medium and Large 1-2484147.77/cwt140.00–153.0071522
Heifers—Medium and Large 1521151.00/cwt145.00–156.25787189
Heifers—Medium and Large 1-2538143.64/cwt143.00–144.5077327
Heifers—Medium 1546139.00/cwt139.00–139.0075952
Heifers—Medium and Large 1577144.26/cwt139.00–149.50832180
Heifers—Medium and Large 1-2591132.52/cwt129.00–136.007836
Heifers—Medium and Large 1-2624126.99/cwt120.00–132.007927
Heifers—Medium and Large 1628138.85/cwt134.00–144.00872133
Heifers—Medium and Large 1-2657124.29/cwt120.00–125.0081714
Heifers—Medium and Large 1679131.15/cwt127.75–134.00891121
Heifers—Medium and Large 1722126.45/cwt123.50–130.5091353
Heifers—Medium and Large 1759124.50/cwt124.50–124.509454
Heifers—Medium and Large 1913112.69/cwt112.00–113.001,02910
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1395175.00/cwt175.00–175.006911
Bulls—Medium and Large 1466179.31/cwt177.50–183.5083610
Bulls—Medium and Large 1-2530141.00/cwt141.00–141.007472
Bulls—Medium and Large 1824117.00/cwt117.00–117.0096410
Bulls—Medium and Large 1905113.00/cwt113.00–113.001,0233
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,83972.80/cwt71.00–76.001,3394
Bulls——1,89986.97/cwt84.50–89.001,6524
Slaughter Cattle · Cows9 lots · lightest first
Cows—Lean 85-90%Return to Feed1,02051.61/cwt51.00–52.505262
Cows—Lean 85-90%1,22548.89/cwt44.00–52.5059913
Cows—Lean 85-90%1,22954.10/cwt52.00–55.006655
Cows—Lean 85-90%Return to Feed1,30756.33/cwt56.00–56.507363
Cows—Boner 80-85%Return to Feed1,35253.50/cwt53.50–53.5072310
Cows—Boner 80-85%Return to Feed1,39561.50/cwt61.50–61.508581
Cows—Boner 80-85%Return to Feed1,39657.22/cwt55.00–60.0079910
Cows—Boner 80-85%1,44847.99/cwt45.50–51.006954
Cows—Boner 80-85%1,46554.25/cwt54.00–54.507952
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,3741,200.00/cwt1,200.00–1,200.0016,4884
Bred Cows—Medium and Large 1Broken Mouth1,437857.82/cwt825.00–900.0012,3279
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 11,09460.89/cwt57.00–63.006663

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.