Sale reports / Montana / Billings Livestock Commission / 2024-10-21

Billings Livestock Commission

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Billings, Montana · Mon, Oct 21
● Final74 lots reportedUSDA AMS · slug 1775
Feeder Cattle receipts
301 head
▼ 94 vs last sale 395▼ 487 vs year ago 788 · −61.8%
Slaughter Cattle receipts
709 head
▲ 27 vs last sale 682▼ 78 vs year ago 787 · −9.9%
Replacement Cattle receipts
139 head
▼ 260 vs last sale 399▼ 146 vs year ago 285 · −51.2%
View

Reporter comment USDA

As filed

Compared to last week: All feeder cattle were too lightly tested to develop any market trend, however steady to firm undertones were noticed. Quality today was mostly average. Demand was mostly moderate for light offerings. Market activity was mostly moderate to active today with good buyer participation seen both ring side as well as over the internet. Weigh up cows comprised most of the market today. Demand for cows was mostly moderate to good for mostly moderate offerings. Slaughter cows sold mostly 3.00-5.00 higher on breaking cows. Boning and lean cows sold generally steady to firm in a narrow comparison. Feeding cows sold mostly steady to weak. Good demand was seen for a limited offering of bred cows. Slaughter bulls were too lightly tested to develop a full market trend, steady undertones were noticed. Weigh up conditions were mostly average to below average today. Most cows were pushing moderate amounts of fill. Cows suitable to feed or rebreed sold on mostly good demand. Quality was mostly average and not as attractive as last weeks offering. Young age offerings sold steady on cows of similar quality quality.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $286.36/cwt on 41 head. That ranks 1 of 3 comparable sales and sits −104.97 against this barn's trailing median of $391.33.
Average price
$286.36
41 head · 563 lb average
Value per head Derived
$1,612
Price × average weight ÷ 100
Grade differential Derived
$115
per head · Medium and Large 1 over Medium and Large 1-2
$6.86/cwt at this weight
vs the market
−12.64
vs MT average
−12.68 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1569287.871,63832
Medium and Large 1-2542281.011,5239thin
One grade step is worth $6.86/cwt here — about $115 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 sale41 hd
286.36
—
MT average5 barns · 1,999 hd
299.01
−12.64
National average191 barns · 36,605 hd
299.04
−12.68
This barn, trailing median3 sales
391.33
−104.97
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—High1,710146.702,50926
CowsBreaker 75-80%Average1,649130.942,15928
CowsBoner 80-85%Low1,407124.071,746229
CowsLean 85-90%Average1,153113.281,307103

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)1,459$2,2946
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,299$1,8559

Every lot, as filed

74 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 · Steers15 lots · lightest first
Steers250–300Medium and Large 1Unweaned271441.85/cwt435.00–450.001,1978
Steers300–350Medium and Large 1Unweaned318420.00/cwt420.00–420.001,3362
Steers300–350Medium and Large 1-2Unweaned348325.00/cwt325.00–325.001,1312
Steers350–400Medium and Large 1-2Unweaned395333.76/cwt315.00–336.001,31818
Steers400–450Medium and Large 1Unweaned447327.00/cwt327.00–327.001,46210
Steers450–500Medium and Large 1Unweaned463321.00/cwt321.00–321.001,4863
Steers500–550Medium and Large 1-2Unweaned519285.51/cwt277.00–290.001,4826
Steers550–600Medium and Large 1Unweaned569287.87/cwt285.00–292.001,63832
Steers550–600Medium and Large 1-2Unweaned588272.00/cwt272.00–272.001,5993
Steers650–700Medium 1670262.00/cwt262.00–262.001,7555
Steers650–700Medium and Large 1-2Unweaned670253.00/cwt253.00–253.001,6952
Steers750–800Medium and Large 1-2Fleshy768233.00/cwt233.00–233.001,7893
Steers750–800Medium and Large 1-2778260.00/cwt260.00–260.002,0233
Steers900–950Medium and Large 1-2Fleshy933225.00/cwt225.00–225.002,09911
Steers950–1000Medium and Large 1985230.00/cwt230.00–230.002,2662
Feeder Cattle · Heifers16 lots · lightest first
Heifers200–250Medium and Large 1-2Unweaned205340.00/cwt340.00–340.006971
Heifers300–350Medium and Large 1Unweaned303360.00/cwt360.00–360.001,0913
Heifers350–400Medium and Large 1Unweaned357360.00/cwt360.00–360.001,2853
Heifers350–400Medium and Large 1-2Unweaned395310.00/cwt310.00–310.001,2252
Heifers400–450Medium and Large 1-2Unweaned418305.00/cwt305.00–305.001,2752
Heifers450–500Medium and Large 1Unweaned471294.22/cwt292.00–312.001,38623
Heifers550–600Medium and Large 1Unweaned550260.00/cwt260.00–260.001,4302
Heifers550–600Medium and Large 1-2Unweaned550240.00/cwt240.00–240.001,3205
Heifers600–650Medium and Large 1Full615235.00/cwt235.00–235.001,4454
Heifers700–750Medium 1701230.00/cwt230.00–230.001,6126
Heifers800–850Medium and Large 1Full805230.00/cwt230.00–230.001,8522
Heifers850–900Medium and Large 1860230.49/cwt230.00–231.001,9822
Heifers850–900Medium and Large 1-2865221.44/cwt218.00–225.001,9152
Heifers900–950Medium and Large 1905230.00/cwt230.00–230.002,0821
Heifers950–1000Medium and Large 1995214.31/cwt213.00–221.002,1326
Heifers1000–1050Medium and Large 11,020208.00/cwt208.00–208.002,1221
Feeder Cattle · Bulls10 lots · lightest first
Bulls300–350Medium and Large 1Unweaned310410.00/cwt410.00–410.001,2711
Bulls350–400Medium and Large 1Unweaned386372.65/cwt370.00–380.001,4387
Bulls400–450Medium and Large 1Unweaned408327.48/cwt325.00–330.001,3362
Bulls450–500Medium and Large 1Unweaned475296.61/cwt292.50–301.001,4098
Bulls700–750Medium and Large 1-2705237.50/cwt237.50–237.501,6741
Bulls850–900Medium and Large 1-2860224.00/cwt224.00–224.001,9261
Bulls900–950Medium and Large 1-2935216.33/cwt215.00–217.002,0233
Bulls950–1000Medium and Large 1950221.00/cwt221.00–221.002,1001
Bulls1100–1150Large 11,147195.50/cwt194.00–197.002,2426
Bulls1150–1200Large 11,168192.99/cwt192.00–194.002,2542
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——Return to Feed1,375139.46/cwt131.00–147.001,9183
Bulls——Light Weight1,382143.50/cwt143.50–143.501,9833
Bulls——1,603136.76/cwt127.00–143.002,1925
Bulls——1,835150.23/cwt145.00–159.002,75713
Bulls——2,160164.25/cwt163.50–165.003,5482
Slaughter Cattle · Cows19 lots · lightest first
Cows—Lean 85-90%Light Weight93697.23/cwt92.00–100.009107
Cows—Lean 85-90%1,00982.40/cwt78.00–85.008314
Cows—Lean 85-90%Return to Feed1,124112.15/cwt110.00–115.001,26114
Cows—Lean 85-90%1,141101.33/cwt94.00–109.001,15616
Cows—Lean 85-90%1,189110.70/cwt107.00–117.001,31612
Cows—Lean 85-90%Return to Feed1,196120.16/cwt112.00–127.001,43740
Cows—Lean 85-90%Return to Feed1,211133.13/cwt128.00–137.001,61210
Cows—Boner 80-85%1,374108.62/cwt101.00–112.001,49219
Cows—Boner 80-85%Return to Feed1,382127.09/cwt121.00–134.001,756138
Cows—Boner 80-85%1,409117.57/cwt113.00–123.001,65712
Cows—Boner 80-85%Return to Feed1,441136.22/cwt135.00–138.001,96319
Cows—Breaker 75-80%Return to Feed1,463133.79/cwt131.50–135.001,9573
Cows—Boner 80-85%Return to Feed1,486116.55/cwt108.00–120.001,73234
Cows—Boner 80-85%1,523125.80/cwt124.00–126.501,9166
Cows—Boner 80-85%1,54093.00/cwt93.00–93.001,4321
Cows—Breaker 75-80%Return to Feed1,589127.15/cwt124.00–128.002,0207
Cows—Breaker 75-80%1,652131.41/cwt128.00–135.002,17112
Cows—Breaker 75-80%1,715137.50/cwt137.50–137.502,3584
Cows—Breaker 75-80%1,985124.01/cwt123.00–125.002,4622
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1-21,2121,642.62/head1,625.00–1,660.001,6434
Bred Cows—Medium and Large 11,3682,025.00/head2,025.00–2,025.002,0255
Bred Cows—Medium and Large 11,4592,293.83/head2,000.00–2,350.002,2946
Replacement Cattle · Stock Cows6 lots · lightest first
Stock Cows—Medium and Large 1-2952147.09/cwt142.00–150.001,4006
Stock Cows—Medium and Large 1959187.70/cwt169.00–200.001,80053
Stock Cows—Medium and Large 1-21,002136.46/cwt127.00–145.001,3673
Stock Cows—Medium and Large 1-21,080132.50/cwt132.50–132.501,4311
Stock Cows—Medium and Large 11,086154.61/cwt134.00–180.001,67918
Stock Cows—Large 11,270140.00/cwt140.00–140.001,7781

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.