Sale reports / Montana / Billings Livestock Commission / 2022-10-31

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 31
● Final75 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
458 head
▲ 322 vs last sale 136▲ 163 vs year ago 295 · +55.3%
Slaughter Cattle receipts
927 head
▲ 599 vs last sale 328▼ 901 vs year ago 1,828 · −49.3%
Replacement Cattle receipts
405 head
▲ 334 vs last sale 71▼ 306 vs year ago 711 · −43.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were too lightly tested last week to develop any market trend. Demand was mostly light to moderate for light offerings. Quality today was plain to average, but better compared to last weeks light offering. Market activity was mostly slow to moderate. Weigh up cows sold on mostly moderate demand for heavy offerings. Slaughter cows sold mostly steady on breaking cows, boning and lean cows sold mostly 1.00-3.00 lower. Packers opted to start feeding very thin cows to hold for the upcoming holidays. Many sets of cows that would normally go directly to slaughter were purchased to feed for a few weeks. Feeding cows sold steady to 2.00 higher. 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, higher undertones were noticed.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $202.22/cwt on 140 head.
Average price
$202.22
140 head · 520 lb average
Value per head Derived
$1,051
Price × average weight ÷ 100
Grade differential Derived
−$286
per head · Medium 1 over Medium and Large 1-2
$12.34/cwt at this weight
vs the market
−7.97
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1384209.008037thin
Medium and Large 1523202.581,060117
Medium and Large 1-2553196.661,08816thin
One grade step is worth $12.34/cwt here — about −$286 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 sale140 hd
202.22
—
MT average5 barns · 3,295 hd
210.20
−7.97
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—High1,72089.761,54433
CowsBreaker 75-80%Average1,64978.941,30213
CowsBoner 80-85%Low1,37474.081,018104
CowsLean 85-90%Very Low1,22961.86760203

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,051$1,28718
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,241$1,21416
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,328$1,2102thin
Bred Cows1st Stage (1-3 mo)Middle Aged/Aged (>5 yrs)1,320$1,08542
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,366$1,02517
Stock CowsOpen(<2 yrs)958$1011thin

Every lot, as filed

75 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 · Steers17 lots · lightest first
Steers—Medium and Large 1Unweaned278260.00/cwt260.00–260.007232
Steers—Medium and Large 1-2Unweaned355245.00/cwt245.00–245.008703
Steers—Medium and Large 1Unweaned365242.50/cwt235.00–246.0088510
Steers—Medium 1Unweaned384209.00/cwt209.00–209.008037
Steers—Medium and Large 1-2Unweaned435217.50/cwt217.50–217.509461
Steers—Medium and Large 1Unweaned444221.35/cwt221.00–225.0098321
Steers—Medium and Large 1Unweaned482206.40/cwt202.00–209.0099530
Steers—Medium and Large 1-2Unweaned490199.00/cwt199.00–199.009754
Steers—Medium and Large 1Unweaned513195.00/cwt195.00–195.001,0005
Steers—Medium and Large 1-2Unweaned530191.00/cwt191.00–191.001,0121
Steers—Medium and Large 1-2Unweaned550186.00/cwt186.00–186.001,0231
Steers—Medium and Large 1Unweaned583190.34/cwt189.00–191.001,11018
Steers—Medium and Large 1Unweaned615179.93/cwt175.00–186.001,10724
Steers—Medium and Large 1Unweaned697169.00/cwt169.00–169.001,1783
Steers—Medium and Large 1-2710169.00/cwt169.00–169.001,2005
Steers—Medium and Large 1-2765176.00/cwt176.00–176.001,3461
Steers—Medium and Large 1827172.49/cwt172.00–173.001,4264
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 1Unweaned263230.00/cwt230.00–230.006052
Heifers—Medium and Large 1Unweaned312230.00/cwt230.00–230.007183
Heifers—Medium and Large 1Unweaned359220.90/cwt218.00–223.0079317
Heifers—Medium and Large 1-2Unweaned405185.00/cwt185.00–185.007491
Heifers—Medium and Large 1Unweaned437199.70/cwt195.00–201.0087323
Heifers—Medium and Large 1Unweaned469181.86/cwt180.00–183.0085311
Heifers—Medium and Large 2Unweaned470154.27/cwt150.00–157.007255
Heifers—Medium and Large 1-2Unweaned538163.00/cwt163.00–163.008773
Heifers—Medium and Large 1Unweaned577162.07/cwt161.00–167.0093516
Heifers—Medium and Large 1-2Unweaned585157.57/cwt154.00–160.009229
Heifers—Medium and Large 1Unweaned618159.10/cwt157.00–161.0098313
Heifers—Medium 1667164.00/cwt164.00–164.001,0946
Heifers—Medium and Large 1Unweaned740156.00/cwt156.00–156.001,1544
Heifers—Medium and Large 1790166.50/cwt166.50–166.501,3151
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1Unweaned380205.00/cwt205.00–205.007791
Bulls—Medium and Large 1Unweaned418208.00/cwt208.00–208.008693
Bulls—Medium and Large 1Unweaned467198.00/cwt198.00–198.009253
Bulls—Medium and Large 1Unweaned530180.00/cwt180.00–180.009541
Bulls—Medium and Large 1Unweaned663155.00/cwt155.00–155.001,0284
Bulls—Medium and Large 1930119.00/cwt119.00–119.001,1072
Bulls—Medium and Large 1960118.00/cwt118.00–118.001,1331
Bulls—Large 11,142110.00/cwt110.00–110.001,2563
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,32979.96/cwt74.00–82.001,0636
Bulls——1,53682.25/cwt71.00–87.001,2638
Bulls——Return to Feed1,79491.65/cwt91.50–92.001,6443
Bulls——1,90593.53/cwt90.50–97.001,7828
Bulls——1,984100.13/cwt98.50–103.001,9878
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Light Weight91040.00/cwt40.00–40.003641
Cows—Lean 85-90%Light Weight94047.26/cwt41.00–53.004442
Cows—Lean 85-90%1,19752.87/cwt49.00–58.0063316
Cows—Lean 85-90%Return to Feed1,19857.29/cwt51.50–63.0068664
Cows—Lean 85-90%1,23962.81/cwt61.00–64.007786
Cows—Lean 85-90%1,25444.19/cwt44.00–45.005545
Cows—Lean 85-90%Return to Feed1,25967.09/cwt64.00–73.00845109
Cows—Boner 80-85%Return to Feed1,35462.00/cwt62.00–62.008395
Cows—Boner 80-85%Return to Feed1,37080.94/cwt79.50–84.001,10946
Cows—Boner 80-85%Return to Feed1,37673.64/cwt70.00–79.501,01333
Cows—Boner 80-85%1,37659.04/cwt54.00–64.0081216
Cows—Boner 80-85%1,42074.17/cwt73.50–76.001,0534
Cows—Breaker 75-80%Return to Feed1,45378.50/cwt78.50–78.501,1412
Cows—Breaker 75-80%1,64176.74/cwt74.50–77.501,2597
Cows—Breaker 75-80%1,71079.73/cwt79.50–80.001,3632
Cows—Breaker 75-80%1,81586.27/cwt85.00–87.501,5662
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-2906104.10/cwt92.00–115.009437
Stock Cows—Medium and Large 1-2958101.00/head101.00–101.001011
Stock Cows—Medium and Large 1968116.61/cwt86.00–130.001,12933
Stock Cows—Medium and Large 11,07593.82/cwt60.00–105.001,00938
Replacement Cattle · Bred Cows11 lots · lightest first
Bred Cows—Medium and Large 1-21,0411,200.00/head1,200.00–1,200.001,2005
Bred Cows—Medium and Large 11,0551,321.08/head1,275.00–1,375.001,32113
Bred Cows—Medium and Large 1-21,2131,135.00/head1,135.00–1,135.001,1357
Bred Cows—Large 11,22876.00/cwt76.00–76.009338
Bred Cows—Medium and Large 11,2631,275.00/head1,275.00–1,275.001,2759
Bred Cows—Medium and Large 11,269185.69/cwt75.50–1,000.002,35616
Bred Cows—Medium and Large 1Broken Mouth1,28773.00/cwt73.00–73.0094020
Bred Cows—Medium and Large 11,3201,085.00/head1,085.00–1,085.001,08542
Bred Cows—Medium and Large 11,3281,210.00/head1,210.00–1,210.001,2102
Bred Cows—Medium and Large 11,34076.51/cwt74.50–77.001,02525
Bred Cows—Medium and Large 1Broken Mouth1,3661,025.00/head1,025.00–1,025.001,02517

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.