Sale reports / Montana / Public Auction Yards / 2021-02-26

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Feb 26
● Final86 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
4,965 head
▲ 2,835 vs last sale 2,130▲ 80 vs year ago 4,885 · +1.6%
Slaughter Cattle receipts
97 head
▲ 6 vs last sale 91▲ 45 vs year ago 52 · +86.5%
Replacement Cattle receipts
114 head
▲ 70 vs last sale 44▲ 51 vs year ago 63 · +81.0%
View

Reporter comment USDA

As filed

Compared to last Friday sale(1-29-21): Steers under 450 lbs sold sharply higher with most sales 15.00-18.00 higher, 450-799 lbs sold mostly 4.00-7.00 higher, steers over 800 lbs not well compared. Heifers all sold 4.00-8.00 higher. This is the last Friday feeder special for the season and buyers took full advantage of todays heavy offering. Demand was mostly good to very good for cattle suitable to run on grass and mostly moderate to good for backgrounded feedlot ready cattle. Buyers were able to buy cattle in load lots or piece together loads of uniform cattle this sale. Cattle developed for grass were in mostly very light to light flesh. Buyers offered strong premiums for very lightly fleshed, home raised, reputation cattle. Despite sharply lower CME contract prices buyers showed very good demand as this was the last big feeder special of the season and many buyers anticipate seasonally light receipts going forward. Market activity was active to very active this sale with 18 order buyers and several farmer feeders in the stands actively bidding on offerings. Weigh up cows and bulls were too lightly tested to develop an accurate market trend, however steady undertones were noticed with this past Wednesdays sale.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $153.25/cwt on 2,199 head.
Average price
$153.25
2,199 head · 589 lb average
Value per head Derived
$903
Price × average weight ÷ 100
Grade differential Derived
$91
per head · Medium 1 over Medium 2
$26.31/cwt at this weight
vs the market
−0.28
vs MT average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1479157.1875340
Medium and Large 1598153.909201,932
Medium and Large 1-2542149.95812182
Medium and Large 2477140.0066823
Medium 2506130.8666222
One grade step is worth $26.31/cwt here — about $91 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 sale2,199 hd
153.25
—
MT average3 barns · 3,312 hd
153.53
−0.28
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—Low1,30483.051,08311
CowsBoner 80-85%Average1,38459.7882845
CowsBreaker 75-80%Low1,67557.9997111
CowsLean 85-90%Low1,12851.4358021

Every lot

86 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 · Steers38 lots · lightest first
Steers—Medium and Large 1384212.48/cwt212.00–215.0081612
Steers—Medium and Large 1-2416191.37/cwt185.00–200.0079625
Steers—Medium and Large 1434214.00/cwt205.00–218.0092955
Steers—Medium and Large 2462160.00/cwt160.00–160.0073910
Steers—Medium and Large 1483198.21/cwt191.00–207.50957134
Steers—Medium and Large 1-2490186.38/cwt176.00–189.0091323
Steers—Medium 1520171.00/cwt171.00–171.008894
Steers—Medium and Large 1527187.72/cwt182.50–195.00989114
Steers—Medium and Large 1-2529176.56/cwt175.00–178.0093412
Steers—Medium and Large 1Thin Fleshed560187.50/cwt187.50–187.501,050226
Steers—Medium and Large 1567175.69/cwt167.00–181.00996176
Steers—Medium and Large 1-2582158.82/cwt150.00–165.0092423
Steers—Large 1586158.00/cwt158.00–158.0092645
Steers—Medium 1615154.00/cwt154.00–154.0094711
Steers—Medium and Large 1619160.91/cwt158.00–166.0099680
Steers—Medium and Large 1-2631149.62/cwt146.00–155.0094421
Steers—Medium and Large 1Thin Fleshed644169.53/cwt169.50–170.001,092247
Steers—Large 1647152.00/cwt152.00–152.0098328
Steers—Medium and Large 1-2672144.71/cwt141.00–148.0097221
Steers—Medium and Large 1679153.45/cwt151.00–156.001,04295
Steers—Large 1684153.50/cwt153.50–153.501,05077
Steers—Medium and Large 1-2703138.00/cwt138.00–138.009703
Steers—Medium 1707133.00/cwt133.00–133.0094013
Steers—Medium and Large 1717151.04/cwt147.00–155.001,083228
Steers—Medium and Large 1Fleshy733132.00/cwt132.00–132.0096814
Steers—Medium and Large 1-2Fleshy746128.00/cwt128.00–128.009556
Steers—Medium and Large 1Fleshy773130.15/cwt127.00–132.001,00632
Steers—Medium and Large 1789141.10/cwt141.00–142.001,113132
Steers—Medium and Large 1-2815127.00/cwt127.00–127.001,0353
Steers—Medium and Large 1825141.65/cwt137.00–142.001,16914
Steers—Medium and Large 1882133.27/cwt126.50–135.001,175136
Steers—Medium and Large 1Fleshy930120.00/cwt120.00–120.001,11617
Steers—Medium and Large 1937124.64/cwt123.00–125.001,16869
Steers—Medium and Large 1-2940116.00/cwt116.00–116.001,0906
Steers—Medium and Large 1950124.00/cwt124.00–124.001,1786
Steers—Medium and Large 1Fleshy996121.00/cwt121.00–121.001,2059
Steers—Large 11,020117.34/cwt117.00–118.001,1976
Steers—Large 11,085118.00/cwt118.00–118.001,2801
Feeder Cattle · Heifers27 lots · lightest first
Heifers—Medium 1363167.00/cwt167.00–167.006066
Heifers—Medium and Large 1378175.31/cwt173.00–178.0066327
Heifers—Medium 2402132.50/cwt132.50–132.5053310
Heifers—Medium 1411157.50/cwt157.50–157.506479
Heifers—Medium and Large 1-2428160.61/cwt154.00–165.0068717
Heifers—Medium and Large 1439172.32/cwt169.00–181.0075693
Heifers—Medium and Large 1474169.81/cwt166.00–173.00805113
Heifers—Medium and Large 1-2476158.87/cwt149.25–164.0075638
Heifers—Medium and Large 2477140.00/cwt140.00–140.0066823
Heifers—Medium 1497161.00/cwt161.00–161.0080018
Heifers—Medium and Large 1Thin Fleshed512169.81/cwt169.50–170.00869116
Heifers—Medium and Large 1537162.98/cwt157.00–166.00875483
Heifers—Medium and Large 1-2537150.84/cwt144.50–155.5081065
Heifers—Medium and Large 1573155.30/cwt150.50–159.00890282
Heifers—Medium and Large 1-2589147.35/cwt147.00–148.0086828
Heifers—Medium and Large 1Fleshy592148.00/cwt148.00–148.0087611
Heifers—Medium 2592129.50/cwt129.50–129.5076712
Heifers—Medium and Large 1Thin Fleshed615154.40/cwt153.00–156.0095072
Heifers—Medium 1619138.50/cwt138.50–138.508577
Heifers—Medium and Large 1-2621136.26/cwt134.50–137.0084622
Heifers—Medium and Large 1625145.09/cwt140.00–149.50907148
Heifers—Medium and Large 1-2682132.89/cwt124.50–136.5090612
Heifers—Medium and Large 1685141.63/cwt138.00–143.50970190
Heifers—Medium and Large 1715139.79/cwt133.00–143.50999263
Heifers—Medium and Large 1777131.90/cwt128.50–133.501,02545
Heifers—Medium and Large 1818129.22/cwt122.50–130.501,05769
Heifers—Medium and Large 1871121.27/cwt119.00–122.501,05620
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1462197.50/cwt197.50–197.509125
Bulls—Medium and Large 1-2482157.50/cwt157.50–157.507596
Bulls—Medium and Large 1534167.57/cwt166.00–173.0089542
Bulls—Medium and Large 1-2577148.00/cwt148.00–148.008542
Bulls—Medium and Large 1930121.00/cwt121.00–121.001,1252
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,10785.50/cwt85.50–85.509465
Bulls——Return to Feed1,10879.00/cwt79.00–79.008754
Bulls——2,13580.00/cwt80.00–80.001,7081
Bulls——2,24090.00/cwt90.00–90.002,0161
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%Light Weight92545.00/cwt45.00–45.004162
Cows—Lean 85-90%1,09547.00/cwt47.00–47.005151
Cows—Lean 85-90%1,15252.39/cwt46.50–57.0060418
Cows—Boner 80-85%Return to Feed1,35059.00/cwt59.00–59.007971
Cows—Boner 80-85%1,37560.07/cwt57.50–64.0082641
Cows—Boner 80-85%1,52256.15/cwt56.00–56.508553
Cows—Breaker 75-80%Return to Feed1,67557.99/cwt55.50–59.5097111
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1Thin Fleshed1,168735.00/cwt735.00–735.008,5859
Bred Cows—Medium and Large 1Broken Mouth1,28353.50/cwt53.50–53.506869
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed82273.00/cwt73.00–73.006003
Stock Cows—Medium and Large 11,003100.63/cwt87.00–112.501,00939
Stock Cows—Medium and Large 11,05770.20/cwt58.00–87.0074252

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.