Sale reports / Montana / Billings Livestock Commission / 2023-12-18

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Dec 18
● Final66 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
490 head
▲ 302 vs last sale 188▼ 118 vs year ago 608 · −19.4%
Slaughter Cattle receipts
401 head
▼ 142 vs last sale 543▼ 171 vs year ago 572 · −29.9%
Replacement Cattle receipts
101 head
▼ 34 vs last sale 135▼ 77 vs year ago 178 · −43.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were all too lightly tested to develop an accurate market trend, however higher undertones were noticed. Quality today was plain to average. A large portion of the feeder cattle offering was comprised of pen clean up cattle with many blemished and lame cattle seen. Buyers picked around and showed good demand for high quality calves. Demand was mostly moderate for light to moderate offerings. CME positions traded higher today with triple digit gains seen. The nearby January traded 2.275 higher while the March traded 1.975 higher, to close at 223.175 and 224.15 respectfully. Market activity was mostly moderate today. Weigh up cows sold on moderate to good demand for mostly light to moderate offerings. Slaughter cows sold mostly steady to 1.00 higher on all classes. High quality feeding cows sold 1.00-2.00 higher. Thin feeding or turn out cows sold mostly steady to 1.00 higher. Slaughter bulls were too lightly tested last week to develop an accurate market trend, however steady undertones were noticed. Weigh up conditions were mixed today. Young cows suitable to feed or rebreed sold on light to moderate demand. Quality was mostly plain to average and most offerings sold to feed. Too few offerings were seen this week to develop an accurate market trend, however lower 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 $241.22/cwt on 184 head.
Average price
$241.22
184 head · 550 lb average
Value per head Derived
$1,327
Price × average weight ÷ 100
Grade differential Derived
−$153
per head · Medium and Large 1 over Medium and Large 2
$70.30/cwt at this weight
vs the market
−10.30
vs MT average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1497260.301,29595
Medium 1-2265240.006367thin
Medium and Large 1-2607224.321,36268
Medium 1789199.001,5707thin
Medium and Large 2762190.001,4487thin
One grade step is worth $70.30/cwt here — about −$153 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 sale184 hd
241.22
—
MT average4 barns · 1,461 hd
251.52
−10.30
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—Average1,567105.231,64946
CowsBreaker 75-80%High1,63696.581,58012
CowsBoner 80-85%High1,41991.811,30273
CowsLean 85-90%Average1,13681.81930194

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/3rd Stage (4-9 mo)Young (2-4 yrs)1,317$1,6136
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged/Aged (>5 yrs)1,424$1,47010
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,295$1,17410

Every lot, as filed

66 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 · Steers10 lots · lightest first
Steers—Medium and Large 1-2335326.27/cwt325.00–330.001,09360
Steers—Medium and Large 1-2398317.50/cwt317.50–317.501,2646
Steers—Medium and Large 1433324.00/cwt324.00–324.001,4033
Steers—Medium and Large 1471304.21/cwt300.00–307.501,43315
Steers—Medium and Large 1505291.00/cwt291.00–291.001,4703
Steers—Medium 2523134.14/cwt127.50–150.007027
Steers—Medium and Large 1561270.00/cwt270.00–270.001,51513
Steers—Medium and Large 1-2590238.00/cwt238.00–238.001,4042
Steers—Medium and Large 1-2607200.00/cwt200.00–200.001,2143
Steers—Medium and Large 1-2668205.57/cwt200.00–210.001,3737
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium 1-2265240.00/cwt240.00–240.006367
Heifers—Medium and Large 1-2326287.00/cwt287.00–287.009364
Heifers—Medium and Large 1331300.00/cwt300.00–300.0099344
Heifers—Medium and Large 1-2375285.00/cwt285.00–285.001,0691
Heifers—Medium and Large 1-2Unweaned385272.00/cwt272.00–272.001,0472
Heifers—Medium and Large 1422284.62/cwt280.00–287.001,2017
Heifers—Medium and Large 1-2431258.08/cwt251.00–265.001,11217
Heifers—Medium and Large 1466270.00/cwt270.00–270.001,2586
Heifers—Medium and Large 1-2480251.28/cwt250.00–252.001,2064
Heifers—Medium and Large 1-2520232.50/cwt232.50–232.501,2091
Heifers—Medium and Large 1558235.00/cwt235.00–235.001,3112
Heifers—Medium and Large 1-2560208.77/cwt200.00–223.001,16910
Heifers—Medium and Large 1619215.18/cwt211.00–219.001,33224
Heifers—Medium and Large 1757198.00/cwt198.00–198.001,4993
Heifers—Medium and Large 1-2762190.00/cwt190.00–190.001,4487
Heifers—Medium and Large 2762190.00/cwt190.00–190.001,4487
Heifers—Medium 1789199.00/cwt199.00–199.001,5707
Heifers—Medium and Large 1-2803196.00/cwt196.00–196.001,57420
Heifers—Medium and Large 1908190.00/cwt190.00–190.001,7254
Heifers—Medium and Large 11,012185.50/cwt185.50–185.501,8775
Heifers—Medium and Large 1-21,043157.00/cwt157.00–157.001,6382
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1403312.50/cwt312.50–312.501,2593
Bulls—Medium and Large 1-2493265.00/cwt265.00–265.001,3062
Bulls—Medium and Large 1-2593187.50/cwt187.50–187.501,1123
Bulls—Medium and Large 1643228.18/cwt217.50–230.001,46720
Bulls—Medium and Large 1701210.00/cwt210.00–210.001,4726
Bulls—Medium and Large 1948151.00/cwt151.00–151.001,43112
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,25989.64/cwt83.00–101.001,12913
Bulls——Return to Feed1,509110.00/cwt110.00–110.001,66013
Bulls——1,63594.28/cwt94.00–94.501,5412
Bulls——1,809112.83/cwt109.00–117.002,04115
Bulls——1,904121.48/cwt119.00–126.002,3133
Slaughter Cattle · Cows16 lots · lightest first
Cows—Lean 85-90%Return to Feed1,08077.83/cwt70.00–82.5084191
Cows—Lean 85-90%1,16483.33/cwt80.00–87.009706
Cows—Lean 85-90%1,16550.00/cwt50.00–50.005831
Cows—Lean 85-90%1,17376.28/cwt67.00–79.008955
Cows—Lean 85-90%Return to Feed1,17993.85/cwt93.00–95.001,10612
Cows—Lean 85-90%Return to Feed1,19085.21/cwt81.00–92.001,01479
Cows—Boner 80-85%Return to Feed1,39591.55/cwt87.00–96.001,27739
Cows—Boner 80-85%1,41986.15/cwt85.00–88.001,2226
Cows—Boner 80-85%1,42482.08/cwt73.00–84.001,1695
Cows—Boner 80-85%Return to Feed1,43382.61/cwt75.00–85.501,1847
Cows—Boner 80-85%Return to Feed1,468101.61/cwt97.00–103.251,49216
Cows—Breaker 75-80%Return to Feed1,55594.50/cwt94.50–94.501,4693
Cows—Breaker 75-80%Return to Feed1,56299.49/cwt99.00–100.501,5543
Cows—Breaker 75-80%1,640100.50/cwt100.50–100.501,6483
Cows—Breaker 75-80%1,72089.00/cwt89.00–89.001,5311
Cows—Breaker 75-80%1,81893.27/cwt92.00–94.501,6962
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 1-295288.77/cwt87.00–90.008453
Stock Cows—Medium and Large 1-2953109.23/cwt107.00–112.501,0413
Stock Cows—Medium and Large 11,072115.31/cwt109.00–143.001,23613
Stock Cows—Medium and Large 11,07598.88/cwt84.00–106.001,06336
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 1-2Thin Fleshed1,072885.00/head885.00–885.008855
Bred Cows—Medium and Large 11,3171,613.07/head1,600.00–1,685.001,6136
Bred Cows—Medium and Large 11,4241,469.71/head1,350.00–1,500.001,47010
Bred Cows—Medium and Large 1Broken Mouth1,5171,462.03/head1,300.00–1,500.001,4625

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.