Sale reports / Montana / Billings Livestock Commission / 2022-10-24

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 24
● Final39 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
136 head
▼ 532 vs last sale 668▼ 415 vs year ago 551 · −75.3%
Slaughter Cattle receipts
328 head
▼ 170 vs last sale 498▼ 1,003 vs year ago 1,331 · −75.4%
Replacement Cattle receipts
71 head
▼ 106 vs last sale 177▼ 338 vs year ago 409 · −82.6%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested to develop any market trend. Demand was mostly light to moderate for light offerings. Quality today was plain to average and lower compared to last week. Too few offerings sold for buyers to build loads which hampered demand. Market activity was mostly slow to moderate. Weigh up cows sold on mostly moderate demand for light to moderate offerings. Slaughter cows sold mostly 1.00-2.00 higher on boning and lean cows in a narrow comparison. Breaking cows sold generally steady. Feeding cows sold steady to 2.00 higher in a narrow comparison. Slaughter bulls were too lightly tested to develop an accurate market trend, steady undertones were noticed. Young age cows suitable to feed or rebreed were too lightly tested to develop a full 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 $164.85/cwt on 36 head.
Average price
$164.85
36 head · 575 lb average
Value per head Derived
$948
Price × average weight ÷ 100
Grade differential Derived
−$120
per head · Medium and Large 1-2 over Large 1
$18.98/cwt at this weight
vs the market
−16.95
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2486170.9883122
Medium and Large 1802158.431,2717thin
Large 1626152.009527thin
One grade step is worth $18.98/cwt here — about −$120 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 sale36 hd
164.85
—
MT average5 barns · 2,661 hd
181.80
−16.95
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—Low1,28069.3988816
CowsBreaker 75-80%Average1,63475.151,22817
CowsBoner 80-85%High1,42271.161,012117
CowsLean 85-90%Low1,21460.48734136

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,065$1,1634thin

Every lot, as filed

39 lots · USDA AMS · Billings Livestock Commission Cattle Auction - Billings, MT (Mon)
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 · Steers7 lots · lightest first
Steers—Medium and Large 1-2Unweaned443214.00/cwt214.00–214.009482
Steers—Medium and Large 1Unweaned484207.71/cwt207.00–209.001,0058
Steers—Medium and Large 1Unweaned516197.50/cwt197.50–197.501,0194
Steers—Medium and Large 2Unweaned544171.00/cwt171.00–171.009304
Steers—Medium and Large 1-2Unweaned548186.00/cwt186.00–186.001,0196
Steers—Medium and Large 1-2715173.00/cwt173.00–173.001,2373
Steers—Medium and Large 1-2833167.00/cwt167.00–167.001,3914
Feeder Cattle · Heifers6 lots · lightest first
Heifers—Medium and Large 1-2Unweaned421180.00/cwt180.00–180.007584
Heifers—Medium and Large 1-2Unweaned474170.39/cwt161.00–175.0080817
Heifers—Large 1Unweaned626152.00/cwt152.00–152.009527
Heifers—Medium and Large 1Unweaned630161.00/cwt161.00–161.001,0143
Heifers—Medium and Large 1931156.50/cwt156.50–156.501,4574
Heifers—Medium and Large 1-2955145.00/cwt145.00–145.001,3851
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1-2858127.00/cwt127.00–127.001,0904
Bulls—Large 1-21,048112.00/cwt112.00–112.001,1742
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Light Weight96755.00/cwt55.00–55.005329
Bulls——Return to Feed1,29093.00/cwt93.00–93.001,2001
Bulls——Return to Feed1,41782.77/cwt78.00–85.001,1733
Bulls——1,85893.00/cwt93.00–93.001,7282
Bulls——Heavy Weight2,52588.00/cwt88.00–88.002,2221
Slaughter Cattle · Cows13 lots · lightest first
Cows—Lean 85-90%Light Weight95845.00/cwt45.00–45.004312
Cows—Lean 85-90%1,11647.74/cwt47.00–49.005336
Cows—Lean 85-90%1,19658.07/cwt50.00–62.0069569
Cows—Lean 85-90%Return to Feed1,19865.90/cwt64.00–74.0078923
Cows—Lean 85-90%Return to Feed1,27262.45/cwt60.00–63.5079420
Cows—Lean 85-90%1,30767.30/cwt64.50–69.0088016
Cows—Boner 80-85%Return to Feed1,38166.55/cwt58.00–69.0091942
Cows—Boner 80-85%1,40261.15/cwt56.00–66.008578
Cows—Boner 80-85%Return to Feed1,42581.00/cwt81.00–81.001,1541
Cows—Boner 80-85%Return to Feed1,45075.15/cwt72.50–77.001,09066
Cows—Breaker 75-80%1,50180.00/cwt80.00–80.001,2017
Cows—Breaker 75-80%1,65874.80/cwt72.00–77.501,2402
Cows—Breaker 75-80%Return to Feed1,74471.00/cwt71.00–71.001,2388
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-29931,150.00/head1,150.00–1,150.001,1503
Bred Cows—Medium and Large 11,2801,200.00/head1,200.00–1,200.001,2001
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-297585.00/cwt85.00–85.008291
Stock Cows—Medium and Large 1-21,01270.00/cwt70.00–70.007084
Stock Cows—Medium and Large 11,021105.48/cwt94.00–116.001,07732
Stock Cows—Medium and Large 11,14788.99/cwt75.00–103.001,02118

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.