Sale reports / Montana / Public Auction Yards / 2023-10-20

Public Auction Yards

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Fri, Oct 20
● Final87 lots reportedUSDA AMS · slug 1776
Feeder Cattle receipts
2,728 head
▲ 1,866 vs last sale 862▲ 630 vs year ago 2,098 · +30.0%
Slaughter Cattle receipts
110 head
▲ 79 vs last sale 31▼ 113 vs year ago 223 · −50.7%
Replacement Cattle receipts
69 head
▲ 54 vs last sale 15▼ 49 vs year ago 118 · −41.5%
View

Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested last week to develop an accurate market trend, however steady to lower undertones were noticed on both steer and heifer calves. All yearlings were too lightly tested to develop any market trend. Demand started the sale mostly good, however after the release of the cattle on feed report at 1pm demand slipped and most cattle sold lower. The monthly cattle on feed report showed feedlots with 1,000 or more head capacity totaled 11.6 million head or 1% above the October 1 2022. Placements totaled 2.21 million head or 6% over October 2022, marketings totaled 1.66 million head 6% below September 2022. Quality was mostly average to attractive on calves and plain to average on yearlings. A larger selection of cattle was seen this week compared to last which attracted a larger buyer pool. Most offerings were in small to moderate size packages again this week as no load lots were seen. Very light weight calves continue to sell with the best demand as buyers look for high quality calves suitable to develop into yearlings. Market activity was mostly moderate to active today. Weigh up cows and bulls sold on light to moderate demand for very light offerings. Not enough cows or bulls sold to develop an accurate market trend, steady undertones were noticed as buyers pushed to finish filling loads for the week.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $278.54/cwt on 1,252 head.
Average price
$278.54
1,252 head · 566 lb average
Value per head Derived
$1,576
Price × average weight ÷ 100
Grade differential Derived
−$502
per head · Medium 2 over Medium and Large 1
$11.87/cwt at this weight
vs the market
−26.90
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 2385290.001,1172thin
Medium and Large 2452281.331,27212thin
Medium and Large 1-2529279.481,477340
Medium and Large 1582278.131,618898
One grade step is worth $11.87/cwt here — about −$502 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 sale1,252 hd
278.54
—
MT average5 barns · 4,547 hd
305.44
−26.90
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—High1,750106.971,87218
CowsBreaker 75-80%Low1,492107.071,59712
CowsBoner 80-85%Average1,39397.911,36337
CowsLean 85-90%Low1,16582.1395727

Every lot, as filed

87 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 · Steers31 lots · lightest first
Steers—Medium and Large 1Unweaned329366.26/cwt362.50–377.501,20511
Steers—Medium 2Unweaned385290.00/cwt290.00–290.001,1172
Steers—Medium and Large 1-2Unweaned387339.18/cwt335.00–347.501,31350
Steers—Medium and Large 1Unweaned388376.23/cwt375.00–377.501,4606
Steers—Medium and Large 1Unweaned432339.98/cwt337.50–345.001,46915
Steers—Medium and Large 2Unweaned433282.00/cwt282.00–282.001,2218
Steers—Medium and Large 1-2Unweaned434321.39/cwt310.00–335.001,39529
Steers—Medium and Large 1-2Full459271.00/cwt271.00–271.001,2447
Steers—Medium and Large 1Unweaned465323.51/cwt300.00–329.501,504113
Steers—Medium and Large 2Unweaned490280.00/cwt280.00–280.001,3724
Steers—Medium and Large 1-2Unweaned491289.99/cwt275.00–293.001,42435
Steers—Medium and Large 1522290.00/cwt290.00–290.001,51413
Steers—Medium and Large 1Unweaned529289.00/cwt279.00–298.001,529133
Steers—Medium and Large 1-2Unweaned534270.56/cwt260.00–276.001,445111
Steers—Medium and Large 1Full548276.00/cwt276.00–276.001,5124
Steers—Medium and Large 1Full563249.00/cwt249.00–249.001,40212
Steers—Medium and Large 1Unweaned579271.86/cwt263.00–287.001,574213
Steers—Medium and Large 1-2Unweaned582253.88/cwt244.50–263.001,47832
Steers—Medium and Large 1601276.00/cwt276.00–276.001,65920
Steers—Medium and Large 1-2Unweaned616249.22/cwt239.00–251.001,53546
Steers—Medium and Large 1Unweaned625260.81/cwt251.00–270.001,630135
Steers—Medium and Large 1Full626248.00/cwt248.00–248.001,55211
Steers—Medium and Large 1Fancy636280.00/cwt280.00–280.001,78128
Steers—Medium and Large 1-2652246.00/cwt246.00–246.001,6047
Steers—Medium and Large 1-2Unweaned661237.31/cwt231.00–247.001,56910
Steers—Medium and Large 1Unweaned670254.88/cwt246.00–259.751,70890
Steers—Medium and Large 1682249.81/cwt249.50–250.501,70428
Steers—Medium and Large 1Unweaned721249.13/cwt245.00–253.001,79659
Steers—Medium and Large 1-2Unweaned727232.00/cwt232.00–232.001,68711
Steers—Medium and Large 1Full732240.00/cwt240.00–240.001,7577
Steers—Medium and Large 1-2985214.00/cwt214.00–214.002,1082
Feeder Cattle · Heifers32 lots · lightest first
Heifers—Medium and Large 1Unweaned295340.00/cwt340.00–340.001,0037
Heifers—Medium and Large 1Unweaned324333.19/cwt325.00–352.501,08025
Heifers—Medium and Large 2Unweaned351280.00/cwt280.00–280.009838
Heifers—Medium and Large 1-2Unweaned361293.17/cwt290.00–295.001,0588
Heifers—Medium and Large 1Unweaned373316.94/cwt311.00–334.001,18263
Heifers—Medium and Large 1-2Unweaned413260.00/cwt260.00–260.001,07413
Heifers—Medium and Large 1Unweaned416290.54/cwt280.00–313.001,20987
Heifers—Medium 1-2Unweaned418225.00/cwt225.00–225.009416
Heifers—Medium 1-2Unweaned453200.00/cwt200.00–200.009069
Heifers—Medium and Large 1Unweaned478272.34/cwt265.00–285.001,30291
Heifers—Medium and Large 1-2Unweaned481258.17/cwt257.00–265.001,24242
Heifers—Medium and Large 1-2Full503230.00/cwt230.00–230.001,15711
Heifers—Medium and Large 1Unweaned526262.20/cwt258.00–266.001,379118
Heifers—Medium and Large 1-2Unweaned541252.18/cwt251.00–258.001,36418
Heifers—Medium 2Unweaned549180.00/cwt180.00–180.009884
Heifers—Medium and Large 1-2Unweaned555235.00/cwt235.00–235.001,30410
Heifers—Medium and Large 1Unweaned568254.99/cwt249.00–263.001,44898
Heifers—Medium and Large 1572253.00/cwt253.00–253.001,4477
Heifers—Large 1Unweaned575236.00/cwt236.00–236.001,3572
Heifers—Medium and Large 1Unweaned611246.14/cwt234.50–252.501,504122
Heifers—Medium and Large 1-2Full625217.00/cwt217.00–217.001,3563
Heifers—Medium and Large 1-2Unweaned635231.11/cwt229.00–236.001,46810
Heifers—Medium and Large 1-2Unweaned680210.00/cwt210.00–210.001,4284
Heifers—Medium and Large 1Unweaned690236.00/cwt236.00–236.001,62812
Heifers—Medium and Large 1Fleshy719225.00/cwt225.00–225.001,61810
Heifers—Medium 1732212.00/cwt212.00–212.001,55214
Heifers—Medium and Large 1-2798220.00/cwt220.00–220.001,7565
Heifers—Medium and Large 1813213.00/cwt213.00–213.001,73218
Heifers—Medium and Large 1Unweaned833230.00/cwt230.00–230.001,91643
Heifers—Medium and Large 1870215.18/cwt215.00–216.001,87211
Heifers—Medium and Large 11,009197.00/cwt197.00–197.001,9884
Heifers—Large 11,130191.00/cwt191.00–191.002,1581
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1Unweaned332359.00/cwt359.00–359.001,1929
Bulls—Medium and Large 1Unweaned390330.00/cwt330.00–330.001,2872
Bulls—Medium and Large 1Unweaned523270.00/cwt270.00–270.001,41225
Bulls—Medium and Large 1Unweaned623225.00/cwt225.00–225.001,4023
Slaughter Cattle · Bulls6 lots · lightest first
Bulls——Light Weight1,25585.00/cwt85.00–85.001,0671
Bulls——1,640107.00/cwt107.00–107.001,7551
Bulls——Return to Feed1,705105.00/cwt105.00–105.001,7901
Bulls——Return to Feed1,730110.15/cwt109.00–114.001,9068
Bulls——1,763104.71/cwt98.00–111.001,8466
Bulls——2,485119.00/cwt119.00–119.002,9571
Slaughter Cattle · Cows11 lots · lightest first
Cows—Lean 85-90%Light Weight97782.00/cwt82.00–82.008013
Cows—Lean 85-90%1,15572.50/cwt72.50–72.508371
Cows—Lean 85-90%1,18482.16/cwt77.00–86.0097318
Cows—Lean 85-90%Return to Feed1,21284.00/cwt84.00–84.001,0185
Cows—Boner 80-85%Return to Feed1,253110.95/cwt110.50–114.001,3909
Cows—Boner 80-85%1,40597.00/cwt97.00–97.001,3631
Cows—Boner 80-85%Return to Feed1,42198.16/cwt96.00–105.001,39517
Cows—Boner 80-85%1,46885.37/cwt80.50–87.501,2539
Cows—Breaker 75-80%Return to Feed1,470108.22/cwt108.00–110.001,59110
Cows—Boner 80-85%Return to Feed1,47590.00/cwt90.00–90.001,3281
Cows—Breaker 75-80%1,600101.33/cwt99.00–103.501,6212
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1Thin Fleshed901150.00/cwt150.00–150.001,3528
Stock Cows—Medium and Large 1989166.65/cwt150.00–170.001,64843
Stock Cows—Medium and Large 11,125107.26/cwt104.00–145.001,20710

How this sale compares

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.