Sale reports / Montana / Billings Livestock Commission / 2024-10-14

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 14
● Final78 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
395 head
▼ 95 vs last sale 490▼ 156 vs year ago 551 · −28.3%
Slaughter Cattle receipts
682 head
▲ 281 vs last sale 401▲ 183 vs year ago 499 · +36.7%
Replacement Cattle receipts
399 head
▲ 298 vs last sale 101▲ 304 vs year ago 95 · +320.0%
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Reporter comment USDA

As filed

This is the first Monday sale of the fall. All feeder cattle were too lightly tested to develop any market trend. Quality today was mostly average. Demand was mostly moderate for light offerings. CME positions traded mixed today with weak prices seen on the nearby contracts and firm prices noticed on differed. Market activity was mostly moderate today. Weigh up cows comprised most of the market today. Demand for cows was mostly moderate to good for mostly moderate to heavy offerings. Slaughter cows sold mostly steady to 3.00 higher on all classes. Feeding cows sold mostly 2.00-5.00 higher. Good demand was seen for exposed cows as several order buyers showed interest in these offerings. Slaughter bulls sold mostly 3.00-5.00 higher in a narrow comparison. Weigh up conditions were mostly average to attractive to buyers. Younge cows suitable to feed or rebreed sold on mostly good demand. Quality was mostly average to attractive. Young age offerings sold mostly 10.00 higher.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $282.22/cwt on 90 head. That ranks 1 of 3 comparable sales and sits −109.11 against this barn's trailing median of $391.33.
Average price
$282.22
90 head · 553 lb average
Value per head Derived
$1,561
Price × average weight ÷ 100
Grade differential Derived
$85
per head · Medium and Large 1 over Medium and Large 2
$41.15/cwt at this weight
vs the market
−14.71
vs MT average
−17.11 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538291.151,56748
Medium 1520285.961,4874thin
Medium and Large 1-2566275.531,56024
Large 1592264.001,56312thin
Medium and Large 2593250.001,4832thin
One grade step is worth $41.15/cwt here — about $85 a head. Across this sale the premium is widest at 300–400 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale90 hd
282.22
—
MT average5 barns · 1,233 hd
296.93
−14.71
National average188 barns · 32,793 hd
299.33
−17.11
This barn, trailing median3 sales
391.33
−109.11
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

3 sales
445417388359median 391.3310/1210/1210/1910/2610/26
Steers 500–600 lb: high $431.25, low $373.42, median $391.33 across 3 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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—Average1,723147.742,54536
CowsBreaker 75-80%High1,572132.572,08336
CowsBoner 80-85%Very Low1,413128.081,810334
CowsLean 85-90%Very Low1,193112.311,340211
Dairy CowsLean 85-90%Average995107.501,0701thin

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/2nd Stage (1-6 mo)Young (2-4 yrs)1,187$2,2828
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,164$2,06119
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,222$1,9119
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,315$1,7501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged/Aged (>5 yrs)1,296$1,72528

Every lot, as filed

78 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 · Steers18 lots · lightest first
Steers250–300Medium and Large 1Unweaned288435.00/cwt435.00–435.001,2535
Steers300–350Medium and Large 1Unweaned315405.00/cwt405.00–405.001,2764
Steers350–400Medium and Large 1Unweaned364385.00/cwt385.00–385.001,4014
Steers350–400Medium and Large 1-2Unweaned399345.00/cwt345.00–345.001,3774
Steers400–450Medium and Large 1Unweaned428333.16/cwt330.00–342.501,42618
Steers400–450Medium and Large 1-2Unweaned437324.74/cwt320.00–335.001,41919
Steers450–500Medium and Large 1Unweaned488309.00/cwt309.00–309.001,50819
Steers500–550Medium and Large 1Unweaned512300.00/cwt300.00–300.001,53633
Steers500–550Medium 1Unweaned520285.96/cwt285.00–287.001,4874
Steers500–550Medium and Large 1-2Unweaned540284.29/cwt284.00–286.001,53513
Steers550–600Large 1Unweaned592264.00/cwt264.00–264.001,56312
Steers550–600Medium and Large 2Unweaned593250.00/cwt250.00–250.001,4832
Steers550–600Medium and Large 1Unweaned596271.68/cwt271.00–282.001,61915
Steers550–600Medium and Large 1-2Unweaned597265.18/cwt265.00–266.001,58311
Steers600–650Medium and Large 1Unweaned611258.75/cwt254.00–267.001,5819
Steers650–700Medium 1Unweaned652257.00/cwt257.00–257.001,6765
Steers650–700Medium and Large 1-2Unweaned665246.00/cwt246.00–246.001,6363
Steers650–700Medium and Large 1Unweaned682252.00/cwt252.00–252.001,7199
Feeder Cattle · Heifers17 lots · lightest first
Heifers250–300Medium and Large 1Unweaned256375.00/cwt375.00–375.009608
Heifers300–350Medium and Large 1Unweaned325341.00/cwt337.50–355.001,1085
Heifers350–400Medium and Large 1Unweaned369331.41/cwt327.00–344.001,22311
Heifers350–400Medium and Large 1-2Unweaned384322.36/cwt320.00–324.001,23812
Heifers400–450Medium and Large 1Unweaned406328.35/cwt312.50–335.001,3337
Heifers400–450Medium and Large 1-2Unweaned439293.05/cwt290.00–307.501,28619
Heifers450–500Medium and Large 1Unweaned462297.43/cwt293.00–300.001,37426
Heifers450–500Medium and Large 1-2Unweaned466277.66/cwt276.00–285.001,29416
Heifers500–550Medium and Large 1Unweaned525281.18/cwt276.00–285.001,47614
Heifers550–600Large 1Unweaned565231.00/cwt231.00–231.001,3052
Heifers550–600Medium and Large 1-2Unweaned576248.69/cwt241.00–256.001,4328
Heifers900–950Medium and Large 1-2915215.00/cwt215.00–215.001,9672
Heifers950–1000Medium and Large 1Fleshy955198.00/cwt198.00–198.001,8912
Heifers950–1000Medium and Large 1968215.29/cwt215.00–216.002,0847
Heifers1050–1100Large 11,070203.91/cwt202.00–204.502,18211
Heifers1100–1150Large 11,105202.00/cwt202.00–202.002,2321
Heifers1200–1250Large 11,205191.00/cwt191.00–191.002,3021
Feeder Cattle · Bulls4 lots · lightest first
Bulls750–800Medium and Large 1-2780230.00/cwt230.00–230.001,7941
Bulls850–900Medium and Large 1875220.00/cwt220.00–220.001,9251
Bulls1050–1100Medium and Large 1-21,090194.00/cwt194.00–194.002,1151
Bulls1100–1150Large 1-21,145170.00/cwt170.00–170.001,9471
Slaughter Cattle · Bulls7 lots · lightest first
Bulls——Light Weight1,220126.21/cwt125.00–127.501,5402
Bulls——Return to Feed1,393144.47/cwt144.00–145.002,0122
Bulls——Return to Feed1,396138.79/cwt135.00–143.001,9389
Bulls——1,879145.92/cwt143.00–150.002,74211
Bulls——1,914158.52/cwt149.00–164.003,03410
Bulls——2,085176.00/cwt176.00–176.003,6701
Bulls——2,330162.00/cwt162.00–162.003,7751
Slaughter Cattle · Cows20 lots · lightest first
Cows—Lean 85-90%Light Weight85072.50/cwt72.50–72.506161
Cows—Boner 80-85%Light Weight900109.00/cwt109.00–109.009811
Cows—Lean 85-90%Light Weight90091.66/cwt88.00–95.008252
Cows—Lean 85-90%1,15899.29/cwt90.00–108.001,15047
Cows—Lean 85-90%Return to Feed1,180107.58/cwt101.00–115.001,26943
Cows—Lean 85-90%1,184108.63/cwt107.00–113.001,2868
Cows—Lean 85-90%Return to Feed1,217120.73/cwt117.00–128.001,46990
Cows—Lean 85-90%Return to Feed1,225131.68/cwt127.00–135.001,61315
Cows—Lean 85-90%1,32587.90/cwt80.00–90.001,1655
Cows—Boner 80-85%1,363116.89/cwt114.00–119.001,5933
Cows—Boner 80-85%1,379107.75/cwt103.00–111.501,48613
Cows—Boner 80-85%Return to Feed1,401129.72/cwt119.00–134.001,817252
Cows—Boner 80-85%Return to Feed1,441111.95/cwt104.00–117.001,61324
Cows—Boner 80-85%1,49096.00/cwt96.00–96.001,4301
Cows—Boner 80-85%Return to Feed1,500136.16/cwt135.00–139.002,04240
Cows—Breaker 75-80%Return to Feed1,560132.95/cwt126.00–134.002,07426
Cows—Breaker 75-80%Return to Feed1,560123.00/cwt123.00–123.001,9191
Cows—Breaker 75-80%1,580126.00/cwt126.00–126.001,9912
Cows—Breaker 75-80%Return to Feed1,609135.33/cwt135.00–136.002,1776
Cows—Breaker 75-80%1,640129.00/cwt129.00–129.002,1161
Slaughter Cattle · Dairy Cows1 lot · lightest first
Dairy Cows—Lean 85-90%Light Weight995107.50/cwt107.50–107.501,0701
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Medium and Large 1-2Thin Fleshed1,144115.21/cwt115.00–116.001,31854
Bred Cows—Medium and Large 11,1642,061.14/head2,000.00–2,075.002,06119
Bred Cows—Medium and Large 11,1872,281.61/head2,275.00–2,325.002,2828
Bred Cows—Medium and Large 11,2221,910.87/head1,850.00–1,950.001,9119
Bred Cows—Medium and Large 1-21,277120.45/cwt119.00–121.001,53889
Bred Cows—Medium and Large 11,2961,725.42/head1,700.00–1,750.001,72528
Bred Cows—Medium and Large 11,3151,750.00/head1,750.00–1,750.001,7501
Replacement Cattle · Stock Cows4 lots · lightest first
Stock Cows—Medium and Large 11,035188.52/cwt160.00–221.001,95164
Stock Cows—Medium and Large 1-21,045157.93/cwt152.50–163.001,6502
Stock Cows—Medium and Large 11,108160.01/cwt132.50–192.501,77367
Stock Cows—Large 11,375145.00/cwt145.00–145.001,9941

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.