Sale reports / Montana / Billings Livestock Commission / 2023-12-04

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Dec 4
● Final71 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
318 head
▲ 149 vs last sale 169▲ 119 vs year ago 199 · +59.8%
Slaughter Cattle receipts
640 head
▲ 138 vs last sale 502▲ 108 vs year ago 532 · +20.3%
Replacement Cattle receipts
309 head
▲ 244 vs last sale 65▲ 54 vs year ago 255 · +21.2%
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Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested to develop an accurate market trend, however steady to lower undertones were noticed on all offerings. Quality today was plain to average. The best demand continues to be for light weight calves suitable to develop into yearlings, these offerings sold on moderate demand. All calves over 550 lbs sold on light demand today. Most offerings sold in small groups or as singles today. CME positions sold off sharply again today with triple digit losses seen on all contracts. The January contract closed 3.90 lower to close at 210.525, the March closed 3.65 lower at 213.575. Market activity was mostly slow today, with a small buyer pool on hand. Weigh up cows sold on light to moderate demand for mostly moderate offerings. Breaking slaughter cows were too lightly tested this week to develop any market trend. Boning and lean cows sold steady to 2.00 lower. High quality feeding cows sold steady 3.00 lower on a lower quality offering. Thin feeding or turn out cows sold mostly steady to 1.00 lower. Slaughter bulls were too lightly tested to develop an accurate market trend, however lower undertones were noticed. Weigh up conditions were mostly below average, with many full offerings noticed. Weigh up conditions hindered demand for cows slightly as many were pushing heavy amounts of fill. Young age cows suitable to feed or rebreed sold on light demand again this week. Quality was mostly plain to average and most offerings sold to feed. This class was too lightly tested last week to develop any market trend.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $260.15/cwt on 137 head.
Average price
$260.15
137 head · 525 lb average
Value per head Derived
$1,367
Price × average weight ÷ 100
Grade differential Derived
−$604
per head · Medium 1-2 over Medium and Large 1
$32.84/cwt at this weight
vs the market
−8.83
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium 1-2307280.0086013thin
Medium and Large 1-2506268.641,35863
Medium and Large 1592247.161,46461
One grade step is worth $32.84/cwt here — about −$604 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 sale137 hd
260.15
—
MT average5 barns · 3,248 hd
268.99
−8.83
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—Low1,616107.231,73235
CowsBreaker 75-80%Low1,60390.031,4437thin
CowsBoner 80-85%Low1,39483.531,165200
CowsLean 85-90%Low1,17977.55914279

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)1,160$1,5251thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,117$1,47513
Bred Cows2nd Stage (4-6 mo)Middle Aged/Aged (>5 yrs)1,410$1,3573thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,260$1,31213
Bred Cows1st/2nd Stage (1-6 mo)Aged (>8 yrs)1,275$1,2002thin
Bred Heifers1st Stage (1-3 mo)(<2 yrs)1,007$1,5005

Every lot, as filed

71 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 · Steers14 lots · lightest first
Steers—Medium 1-2Unweaned307280.00/cwt280.00–280.0086013
Steers—Medium and Large 1-2Unweaned330310.00/cwt310.00–310.001,0231
Steers—Medium and Large 1Unweaned366342.00/cwt342.00–342.001,2529
Steers—Medium and Large 1-2Unweaned427300.85/cwt280.00–305.001,28535
Steers—Medium and Large 1Unweaned480290.00/cwt290.00–290.001,3921
Steers—Medium and Large 1-2Unweaned489277.69/cwt275.00–279.001,3583
Steers—Medium and Large 1Unweaned534259.55/cwt255.00–268.001,38611
Steers—Medium and Large 1-2Unweaned565229.95/cwt225.00–231.001,29912
Steers—Medium and Large 1Unweaned572243.24/cwt240.00–247.001,39113
Steers—Medium and Large 1Unweaned613225.00/cwt225.00–225.001,3795
Steers—Medium and Large 1-2Unweaned680209.59/cwt206.00–211.001,4257
Steers—Medium and Large 1Unweaned692210.50/cwt210.50–210.501,45719
Steers—Medium and Large 1-2Unweaned714205.00/cwt205.00–205.001,4645
Steers—Medium and Large 1943189.00/cwt189.00–189.001,7823
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2Unweaned246216.00/cwt216.00–216.005319
Heifers—Medium and Large 1-2Unweaned342251.00/cwt251.00–251.008589
Heifers—Medium and Large 1-2Unweaned359242.32/cwt240.00–243.0087019
Heifers—Medium and Large 2Unweaned397215.00/cwt215.00–215.008543
Heifers—Medium and Large 1-2Unweaned440241.00/cwt241.00–241.001,0601
Heifers—Medium 1Unweaned444243.00/cwt243.00–243.001,0794
Heifers—Medium and Large 1-2Unweaned456242.66/cwt240.00–243.001,10719
Heifers—Medium and Large 1Unweaned483251.00/cwt251.00–251.001,2122
Heifers—Medium and Large 1Unweaned518241.20/cwt230.00–245.001,2494
Heifers—Medium and Large 1Unweaned555238.00/cwt238.00–238.001,32114
Heifers—Medium and Large 1Unweaned607215.00/cwt215.00–215.001,30511
Heifers—Medium and Large 1-2Unweaned620209.00/cwt209.00–209.001,2962
Heifers—Medium and Large 1-2818189.39/cwt189.00–190.001,5498
Heifers—Medium and Large 2829174.00/cwt174.00–174.001,4425
Heifers—Medium and Large 1-2884180.00/cwt180.00–180.001,5919
Heifers—Large 1885177.50/cwt177.50–177.501,5718
Heifers—Medium and Large 1-2902171.00/cwt171.00–171.001,5423
Heifers—Medium and Large 1-21,005170.00/cwt170.00–170.001,7091
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1Unweaned715199.93/cwt195.00–210.001,4293
Bulls—Medium and Large 1979163.46/cwt154.00–172.001,6008
Bulls—Medium and Large 11,032146.63/cwt144.00–154.001,51318
Bulls—Medium and Large 11,095132.50/cwt132.50–132.501,4512
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——Return to Feed1,188112.50/cwt112.50–112.501,3372
Bulls——Return to Feed1,410100.10/cwt90.00–110.001,4117
Bulls——1,590101.98/cwt81.00–111.001,62113
Bulls——1,818115.50/cwt110.00–119.002,10013
Slaughter Cattle · Cows17 lots · lightest first
Cows—Lean 85-90%Light Weight93564.89/cwt62.00–68.006072
Cows—Lean 85-90%Return to Feed94591.00/cwt91.00–91.008601
Cows—Lean 85-90%Return to Feed1,06562.65/cwt62.00–63.006673
Cows—Lean 85-90%1,15170.98/cwt64.00–78.0081728
Cows—Lean 85-90%Return to Feed1,15476.17/cwt65.00–79.0087980
Cows—Lean 85-90%1,18159.93/cwt53.00–62.0070815
Cows—Lean 85-90%Return to Feed1,20281.74/cwt78.50–87.50983130
Cows—Lean 85-90%1,22181.09/cwt79.00–87.0099020
Cows—Boner 80-85%1,35888.12/cwt84.00–89.501,1979
Cows—Boner 80-85%1,38478.82/cwt69.00–82.501,09130
Cows—Boner 80-85%Return to Feed1,39187.81/cwt84.00–93.001,22172
Cows—Boner 80-85%Return to Feed1,40481.03/cwt73.00–83.501,13888
Cows—Boner 80-85%Return to Feed1,45096.00/cwt96.00–96.001,3921
Cows—Breaker 75-80%Return to Feed1,49087.50/cwt87.50–87.501,3041
Cows—Breaker 75-80%1,60292.00/cwt92.00–92.001,4743
Cows—Breaker 75-80%Return to Feed1,60591.00/cwt91.00–91.001,4611
Cows—Breaker 75-80%1,66087.86/cwt86.00–89.501,4582
Replacement Cattle · Stock Cows5 lots · lightest first
Stock Cows—Medium and Large 1-2965105.89/cwt103.00–115.001,0224
Stock Cows—Medium and Large 196590.00/cwt90.00–90.008691
Stock Cows—Medium and Large 1-21,00280.14/cwt80.00–81.008038
Stock Cows—Medium and Large 11,034131.87/cwt98.00–149.001,364112
Stock Cows—Medium and Large 11,072103.87/cwt84.00–129.001,113122
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,0071,500.00/head1,500.00–1,500.001,5005
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows—Medium and Large 11,1171,475.00/head1,475.00–1,475.001,47513
Bred Cows—Medium and Large 11,1601,525.00/head1,525.00–1,525.001,5251
Bred Cows—Medium and Large 1Thin Fleshed1,1971,150.00/head1,150.00–1,150.001,1503
Bred Cows—Medium and Large 1Broken Mouth1,2751,200.00/head1,200.00–1,200.001,2002
Bred Cows—Medium and Large 1Broken Mouth1,2791,360.00/head1,360.00–1,360.001,36010
Bred Cows—Medium and Large 1Broken Mouth1,31678.00/cwt78.00–78.001,0268
Bred Cows—Medium and Large 11,3601,450.00/head1,450.00–1,450.001,4501
Bred Cows—Medium and Large 1-21,4351,310.00/head1,310.00–1,310.001,3102

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.